28 Indian startups raised over $800 mn in funding this week
New Delhi, June 22 - About 28 Indian startups have raised $800.5 million in funding across 29 deals this week.
How Vadhavan port will put India on global map, generate lakhs of jobs
Mumbai, June 22 - The proposed mega Vadhavan port in the Palghar district of Maharashtra, worth Rs 76, 220 crore, would not only boost sea-based trade but also herald a new wave of industrial development towards the country becoming the world’s third-largest economy
FM Nirmala Sitharaman holds pre-Budget meeting with finance ministers of states
New Delhi, June 22 - Union Minister for Finance Nirmala Sitharaman chaired pre-Budget consultations with the Finance Ministers of states and Union Territories to take their views on board for the upcoming Union Budget 2024-25 here on Saturday.
BPCL, Bounce Infinity join hands to launch ‘eDrive stores’ to boost EV adoption
New Delhi, June 21 - Bharat Petroleum Corporation Limited (BPCL) on Friday announced its partnership with electric vehicle (EV) maker Bounce Infinity to launch 'eDrive stores' at select BPCL retail outlets to accelerate EV adoption.
Centre approves Rs 13,595 crore to evacuate green energy from Rajasthan, Karnataka
New Delhi, June 22 - Central government has approved two new Inter State Transmission System (ISTS) schemes to evacuate 9 GW of renewable energy from Rajasthan and Karnataka with an investment of Rs 13,595 crore, the Ministry of Power said on Saturday.
FMCG sales growth in rural areas to outstrip urban markets: Report
New Delhi, June 22 - Rural India has bounced back as a buyer of fast-moving consumer goods (FMCG) such as soaps and soft drinks and sales of these goods are expected to expand at a faster pace than urban areas in the second
India’s youth greatest asset, time to build human capital for robust growth: HUL Chairman
New Delhi, June 22 - India, which is the fastest-growing economy, can further fuel its growth journey if the leading enterprises and companies collaborate with the government to build a robust human capital, according to Hindustan Unilever Limited (HUL) chairman, Nitin Paranjpe.
Govt imposes stock limits on traders to keep prices of pulses in check
New Delhi, June 21 - The Centre has issued an order imposing stock limits for pulses that can be stored by wholesalers, retailers, big chain retailers, millers, and importers to prevent hoarding and keep prices in check.
NDTV partners Google, new user growth up by 24 per cent
New Delhi, June 21 - NDTV has achieved remarkable success through its innovative partnership with Google, focusing on real-time data insights to refine its content strategy, the media house said.
Government puts up 67 coal mines for auction across 8 states
Hyderabad, June 21 - The Ministry of Coal on Friday put up 67 coal mines for auction across eight states, including Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Maharashtra, Odisha, West Bengal and Telangana.
Atal Pension Yojana adds record 12.2 million new members in 2023-24
New Delhi, June 22 - A record 12.2 million new accounts were opened in the Atal Pension Yojana (APY) during 2023-24 taking the total enrolments to 66.2 million under the government’s social security scheme, according to figures compiled by the Pension Fund Regulatory
Overseas Indians’ faith grows in Indian economy with $1 billion deposits in April
New Delhi, June 22 - Showing their confidence in the resilient Indian economy despite global macroeconomic conditions, non-resident Indians (NRIs) deposited around $1 billion in the country in April alone.
The real estate commission shakeup: A buyer’s (and seller’s) market emerges
The way Americans buy and sell homes is undergoing a significant shift, driven by a recent court ruling and changes to the traditional real estate commission structure. Here’s a breakdown of what’s happening: The Old Guard Gives Way:•The National Association of Realtors (NAR),
Workers getting better deal as share of India’s formal economy rises
New Delhi, June 21 - India has succeeded in reducing the size of its the informal economy to 23.7 per cent in 2022-23 compared to 25.9 per cent in 2015-16 which works out to a growth of Rs 26 lakh crore in absolute
Grade A warehousing demand to grow at 12.5 pc in India till FY30: Report
New Delhi, June 21 - The demand for Grade A warehousing stock will grow at a Compounded Annual Growth Rate (CAGR) of 12.5 per cent in India until FY30, a new report said on Friday.
Adani Group eyes $100 bn capex in next decade with focus on energy transition, digital infra: Jefferies
Ahmedabad, June 21 - The Adani Group is eyeing $100 billion of capex over the next decade with major outlays on energy transition projects and digital infrastructure for the next leg of growth, a Jefferies report said on Friday.
Markets end lower on profit booking, Adani Ports jump before Sensex inclusion
Mumbai, June 21 - The Indian stock markets closed lower in a volatile session on Friday on profit booking and underperformance in the fast-moving consumer goods (FMCG) sector.
10th round of commercial coal mine auction launched
Hyderabad, June 21 - Union Minister for Coal and Mines, G Kishan Reddy, on Friday launched the 10th round of commercial coal mine auction, putting 60 mines for sale.
Next 5 years set to further boost India’s domestic electronics manufacturing
New Delhi, June 21 - India, on its way to becoming the global electronics manufacturing hub, has doubled down on the local manufacturing of multiple products -- mobile phones and their components, televisions, semiconductors and other devices -- and the momentum is only
Ambuja Cements, ACC redefining construction landscape with next-gen digital initiatives
Ahmedabad, June 21 - Ambuja Cements and ACC Limited, the cement and building material companies of the Adani Portfolio, on Friday said they are excited to unveil their commitment towards innovation that will redefine the construction landscape through a series of visionary digital