In the wake of vessel re-routings aimed at avoiding the Red Sea, bunker demand across ports in both India and Sri Lanka has witnessed a significant surge, highlighting a growing challenge for the maritime industry. ... read..
The central government has kept the interest rates unchanged on various small savings schemes for the first quarter of the next financial year, beginning April 1. ... read..
India is set to enter the league of top five semiconductor producers over the next five years, Union Minister Ashwini Vaishnaw said on Thursday. ... read..
The window for the exchange or deposit of Rs 2000 banknotes at RBI regional offices will not be available on Monday, April 1, RBI said on Thursday. ... read..
Mumbai (Maharashtra) | March 28, 2024 9:57:53 PM IST
The Indian Institute of Management (IIM) Mumbai and Starbust Aerospace have entered into a strategic collaboration aiming to cultivate an Aerospace, new Space, and Defence (ASD) ecosystem in the country. ... read..
Global aerospace manufacturer Pratt & Whitney Canada (P&WC) has signed a multi-year engine services agreement with FLY91 for the maintenance, repair and overhaul of the PW127M engines that power its fleet of ATR 72-600 turboprop passenger aircraft ... read..
Total funds amounting to Rs 10.3 lakh crore have been transferred to state governments as a devolution of share of taxes by the central government, which is Rs 2.25 lakh crore higher than it had done the previous year, the Ministry of Finance said in a re ... read..
The Directorate of Enforcement (ED) has attached an immovable property valued at Rs 70 lakh in a bank fraud case involving Jasleen Enterprises headquartered in Hyderabad. ... read..
Union Minister Hardeep Sing Puri on Thursday lauded the performance of India's public sector enterprises during recent years, which were earlier perceived as relative laggards in comparison to their private counterparts. ... read..
The baggage delivery system at all major airports in the country has undergone significant improvement after the Bureau of Civil Aviation Security (BCAS) issued strict instructions to airlines to ensure that the last checked-in baggage is delivered within ... read..
Indian stock market indices closed the financial year 2023-24 on a firm note, with Sensex and Nifty rising in the range of 0.8-0.9 per cent on Thursday, backed by firm economic growth forecasts by various global watchdogs and political stability at the fe ... read..
Energy solutions company Luminous Power Technologies inaugurated its solar panel factory in Rudrapur, Uttarakhand, on Thursday. The unit has a capacity of 250 MW, and is expandable up to 1 GW. ... read..
Jaipur (Rajasthan) | March 28, 2024 5:57:50 PM IST
With India projected to become the world's third-largest economy by 2027 and its stock market valuation poised to exceed USD 10 trillion by 2030, the current generation of students are the luckiest to see India grow like never before, Deepak Parekh said w ... read..
Union Minister Piyush Goyal on Thursday hit out at the opposition for their stand on corruption saying that while the BJP was committed to eradicate corruption the opposition wanted to indulge in it. Goyal was speaking at the Times Now summit. ... read..
Thiruvananthapuram (Kerala) | March 28, 2024 3:58:10 PM IST
Union Finance Minister Nirmala Sitharaman expressed confidence in India's economic growth momentum during a parliament election convention organised by Thiruvananthapuram BJP candidate Rajeev Chandrasekhar. ... read..
The Indian economy is at a defining moment. India grew over 8% for three consecutive quarters reaffirming her position as a standout performer amidst global growth trends. Driven by the Government's thrust on capex which has continued to crowd in private ... read..
Ahmedabad (Gujarat) | March 28, 2024 12:57:09 PM IST
Adani Enterprises Limited, through its subsidiary Kutch Copper, marked a milestone today with the commissioning of the first unit of its greenfield copper refinery project in Mundra. ... read..
The global vegetable seeds market, valued at approximately USD 8 billion in 2022, continues to expand, driven by increasing demand for diverse vegetable varieties worldwide. ... read..
Mumbai (Maharashtra) | March 28, 2024 10:56:53 AM IST
The stock market commenced the trading day on Thursday with a surge of optimism, as reflected in the buoyant opening of both the Sensex and Nifty indices. ... read..
Elon Musk, the owner of X, (formerly Twitter), took to the platform and declared that accounts with over 2500 verified subscribers would receive Premium features for free, while those with over 5000 followers would be entitled to Premium+ features at no c ... read..
The collapse of Baltimore's Francis Scott Key Bridge, following a collision with a container ship early on March 26, has brought trade through the Maryland port to a grinding halt, causing significant disruptions to the flow of commodities, particularly c ... read..
By Animesh DebNew Delhi | March 28, 2024 12:25:59 AM IST
Shifting the area under tea plantation in Assam to remunerative oil palm crops could heal the ailing tea industry in India's top tea-growing state, Jagjeet Singh Kandal, Country Director in India for development agency IDH, has said. ... read..
Government subsidy to farmers during any transition is a good way to de-risk farming and leads to increasing productivity and adopting more sustainable practices, said Daan Wensing, CEO at development agency IDH, which works in the agri-value chain global ... read..
The central government plans to raise Rs 7.5 trillion through market borrowing in the first half of 2024-25 (April-September), an official release from the finance ministry said on Wednesday. ... read..
India's data centre industry has entered the growth stage, and the capacity is expected to double up in the next three years, from approximately 0.9 Gigawatts (GW) in 2023 to 2 GW in 2026, according to CareEdge Ratings. ... read..
Union Finance Minister Nirmala Sitharaman has slammed Delhi Chief Minister Arvind Kejriwal, who is currently in ED custody, for skipping as many as nine summons by the central enforcement agency, in connection with the alleged scam linked to the now-withd ... read..
The Directorate of Enforcement (ED) has attached 24 immovable and movable properties totalling Rs 82.12 crore in the bank fraud case of Parabolic Drugs Limited, the agency said on Wednesday. ... read..
