Dharavi Redevelopment: ‘Land transfer is to Maha govt, not developer Adani Group’
Mumbai, June 16 - The ongoing Dharavi redevelopment project does not involve any land transfer to Adani Group but it was only to the Maharashtra government's Dharavi Redevelopment Project/Slum Rehabilitation Authority (DRP/SRA).
Markets need correction but current momentum indicates otherwise
New Delhi, June 16 - After the sharp gains witnessed in the previous week, markets were circumspect this time around but continued to post gains. Markets are at lifetime highs, and in the previous week, one saw the market breadth gaining substantially.
India’s textile exports surge by 9.6 pc despite global headwinds
New Delhi, June 16 - India’s textile exports grew by 9.59 per cent in May this year compared to the same month of the previous year, despite unfavourable economic conditions in major markets such as the European Union (EU), the US and West
India’s electronic manufacturing likely to reach around $250 bn in next 5 yrs: Report
New Delhi, June 16 - India's electronic manufacturing is likely to reach around $250 billion in the next five years, according to media reports.
Modi 3.0: Stock markets to touch new high in 1 yr, say global rating agencies
New Delhi, June 16 - Indian stock markets have seen a robust rally since the new government's formation, closing at an all-time high in the last week. According to top rating agencies, the indices are set to gain new highs in the next
Indian banks have bounced back in 10 years with 4-fold jump in profits: Report
New Delhi, June 17 - Indian banks have bounced back over the last 10 years with a 4-fold increase in profits and a sharp decline in bad loans, according to a report by capital markets and investment group CLSA.
Market Outlook: Monsoon, Budget, other factors to drive markets this week
Mumbai, June 17 - India stock markets will remain closed on Monday on the account of Eid-ul-Adha. Trading on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will resume on Tuesday.
Mumbai retains top spot as India’s most expensive city for expats: Survey
Mumbai, June 17 - The financial capital of India has retained the top spot as the most expensive city for expats in the country, followed by Delhi, a report showed on Monday.
Oyo to raise up to $125 million at $2.5 billion valuation: Report
New Delhi, June 17 - Hospitality major Oyo is reportedly raising $100-$125 million in fresh funding at a market valuation of $2.5 billion.
Collective action required to achieve renewable energy targets: MoS Shripad Yesso Naik
New Delhi, June 16 - Collective action is required to achieve renewable energy targets, making India a leader in wind energy and creating a greener, brighter future for all, Minister of State of New and Renewable Energy and Power, Shripad Yesso Naik, said.
Will work hard to provide an ideal life for elderly, disabled: Rural Development Minister
New Delhi, June 15 - In order to provide an ideal life for the elderly, widows and the disabled, if there is a need to change the rules and regulations of the scheme, then amendments should also be made, Union Rural Development Minister
MEA to integrate SBI digital payments services with eMigrate portal
New Delhi, June 15 - In a bid to facilitate and enhance the ambit of safe and legal migration of Indian migrant workers, the Ministry of External Affairs (MEA) and State Bank of India (SBI), on Saturday, announced the integration of SBIePay with
Adani Group to build 570 MW green hydro plant in Bhutan, to collaborate on infra projects: Gautam Adani
New Delhi, June 16 - Gautam Adani, Chairman of the Adani Group, on Sunday announced the signing of an agreement with Bhutan for a 570 MW green hydro plant, along with collaborating on transformative infrastructure initiatives in the neighbouring country.
First-ever direct flight between India and Cambodia launched
Phnom Penh, June 16 - Cambodian Deputy Prime Minister Neth Savoeun and Indian Ambassador to the country Devyani Khobragade launched the first-ever direct flight between Phnom Penh and New Delhi on Sunday.
Indian startups raise $202 million, over 100 pc jump from last week
New Delhi, June 15 - The fundraising by the Indian startup ecosystem reclaimed its upward trend this week with nearly $202 billion via 21 deals.
Indian stock markets breaking global benchmarks in equity market cap
New Delhi, June 15 - As Indian stock markets continue to touch fresh new highs almost every day post the formation of the new government, they are also breaking global benchmarks.
Will work towards fulfilling PM Modi’s semiconductor initiatives: Minister Kumaraswamy
New Delhi, June 15 - Union Heavy Industries and Steel Minister, H.D. Kumaraswamy, on Saturday, said semiconductor is a strategic industry and he will work towards fulfilling Prime Minister Narendra Modi’s initiatives in the sector that will generate many jobs.
ONGC, Oil India Ltd to gain as Govt cuts windfall tax on crude oil
New Delhi, June 15 - The Government has reduced the windfall tax on petroleum crude to Rs 3,250 per metric tonne from Rs 5,200 with effect from June 15 as prices of crude oil have declined in the international market compared to the
Centre puts Pune Metro line extension, Gudur-Renigunta 3rd rail line projects on fast track
New Delhi, June 15 - The Pune Metro line extension project in Maharashtra and the Gudur-Renigunta third railway line in Andhra Pradesh were taken up for discussion at a high-level inter-ministerial meeting to maximise the regional benefits of the projects, the Commerce and
Can’t wait for OpenAI to have access to my phone: Musk
New Delhi, June 15 - After criticising Apple-OpenAI collaboration on ChatGPT's integration with iPhones, tech billionaire Elon Musk has claimed that the Sam Altman-run AI company may ultimately access his phone.