‘Green electron’ and AI data centres to herald new infra push: Gautam Adani
Mumbai, June 19 - After building the runway between 1991 to 2014, the “aircraft took off” between 2014 and 2024 when it comes to national infrastructure growth and now, green electron, along with the AI revolution at the data centre level, will further
Gautam Adani lists 3 key areas in building robust national infrastructure
Mumbai, June 19 - Gautam Adani, the Chairman of the Adani Group, on Wednesday, listed three key areas which will further help the national infrastructure grow in years to come, driving the country to realise its goal of becoming a $30 trillion economy
US regulators accuse TikTok of violating child privacy laws
Washington, June 19 - The US Federal Trade Commission (FTC) has referred a complaint against the popular video-sharing app TikTok and its Chinese parent company ByteDance to the Department of Justice, alleging that they failed to protect the privacy of children.
RBI Governor expects growth in April-June quarter to surpass 7.2 pc estimate
Mumbai, June 19 - RBI Governor Shaktikanta Das expects the strong growth momentum of the last financial year to continue into the April-June quarter of the current financial year, bolstered by strong fundamentals of the economy.
India’s net direct tax collections surge by 21 pc in FY25
New Delhi, June 18 - India’s net direct tax collections have shot up by a robust 20.99 per cent for the financial year 2024-25 as of June 17 to Rs 4,62,664 crore, compared to Rs 3,82,414 crore in the same period of the
IT services major NTT DATA appoints Abhijit Dubey as CEO
New Delhi, June 18 - Business and technology services leader NTT DATA on Tuesday announced the appointment of Abhijit Dubey as Chief Executive Officer (CEO) of its business outside Japan to lead the company through its next phase of growth.
More equipment for 2 nuclear power plants in Kudankulam shipped from Russia
Chennai, June 18 - Russia’s integrated nuclear power major Rosatom State Atomic Energy Corporation on Tuesday said the first batch of pipeline valves for the two upcoming plants in Tamil Nadu has been shipped.
US, India must remain at forefront of technology to defend their value systems: Ajit Doval
New Delhi, June 18 - In the era of artificial intelligence (AI), semiconductors, bio-tech and other emerging technologies, the US and India must remain at the forefront of technology to protect and defend their value systems, India's National Security Advisor (NSA) Ajit Doval
Central banks plans to add gold to their reserves in a year: WGC
Chennai, June 18 - Nearly 30 per cent of 70 central banks surveyed have said they plan to add to their own gold reserves within the next year, a World Gold Council survey said.
Stock markets at record high, defence stocks zoom
Mumbai, June 18 - Riding on defence sector stocks led by Hindustan Aeronautics Ltd, Mazagon Dock, Paras Defence, and Cochin Shipyard, the Indian indices closed at record high on Tuesday.
Nothing to unveil CMF Phone 1 on July 8 in India
New Delhi, June 18 - London-based consumer tech brand Nothing on Tuesday announced the official date for the full unveiling of CMF Phone 1, which is July 8.
Life Sciences industry expects 22 pc of revenue to come from connected health in 5 yrs
New Delhi, June 18 - As the majority (63 per cent) of Life Sciences organisations, across biopharma and medtech, have connected health products already on the market or under development, the industry anticipates that connected health will contribute more than one-fifth of their
India’s NBFC sector now world’s 3rd largest, next only to USA & UK
New Delhi, June 18 - India's non-banking financial sector has grown to become the third largest in the world, next only to the United States and the United Kingdom, according to an SBI report that highlights the growing strength of the country’s financial
Chinese EV maker BYD set to enter South Korean market in low-cost segment
Seoul, June 18 - The expected entry of China's BYD Auto into the South Korean consumer electric vehicle (EV) market this year will likely intensify competition within the low-cost segment of the market, which globally has seen a stagnation in growth as of
Rental price growth slows down 50 pc in top cities as housing supply surges: Report
Mumbai, June 18 - A surge in housing supply resulted in a nearly 50 per cent drop in rental price growth in top cities in the second quarter this year (to date) -- registering a 2-4 per cent quarterly rise which is down
India’s spices exports hit record $4.46 billion in FY24, red chilli up by 15 pc
New Delhi, June 18 - The export of spices and its products reached an all-time high in FY 2023-24 at a record $4.46 billion making India a key player in the global trade.
Renewables, roads, realty sectors to see 38 pc growth to reach Rs 15 lakh crore in 2 years: Report
New Delhi, June 18 - Riding on supportive policy interventions, investment in India’s key infrastructure sectors — renewable energy and roads – and real estate are likely to grow 38 per cent in the fiscals 2025 and 2026, compared with the previous two
India’s pharma exports clock double-digit growth amid surging demand in US, UK
New Delhi, June 18 - India’s pharmaceutical exports continue to register double-digit growth, reflecting the strong demand for the country’s affordable generic medicines in global markets led by the USA and UK.
Fitch raises India’s GDP growth forecast for FY25 to 7.2 pc
New Delhi, June 18 - Global rating agency Fitch on Tuesday raised India's GDP growth forecast for FY25 to 7.2 per cent, from 7 per cent.
‘Made in India’ branding on steel products to take country on global stage
New Delhi, June 18 - As India doubles down on domestic manufacturing of products across industries, the steel producers in the country are not lagging behind and most of them now have achieved labelling their products as ‘Made in India’.