India's coal cargo throughput at ports is estimated to grow at a CAGR of 3-4 per cent from FY24 to FY26, despite an anticipated decline in coal imports by 2-3 per cent, CareEdge Ratings projected in its recent report. ... read..
The Gross Merchandise Value (GMV) for goods and Services on the Government e-marketplace (GeM) has surpassed Rs 8.57 lakh crore as of April 30, 2024. This is the highest ever number recorded since its inception.The GeM is a government-promoted online plat ... read..
India, a mega generator of digital data, is set to enhance its computational capabilities significantly by procuring 10,000 graphics processing units (GPUs) within the next 18 months, informed the country's G20 Sherpa Amitabh Kant on Thursday. ... read..
Ahmedabad (Gujarat) | May 16, 2024 10:59:47 AM IST
Adani Energy Solutions Ltd (AESL), which is into power transmission and distribution, has acquired 100 per cent stake in Essar Transco Limited after obtaining requisite regulatory and other approvals for an enterprise value of Rs 1,900 crores. ... read..
Stock indices began on a strong start at the opening bell Thursday, tracking firm overnight cues from US markets which rose after a softer-than-expected US consumer inflation in April. ... read..
Brookfield India Real Estate Trust (BIRET) has signed binding agreements to acquire a 50 per cent stake in four premium Grade A assets from Bharti Enterprises (Bharti), it informed stock exchanges on Thursday early hours. ... read..
India Electronics and Semiconductor Association (IESA) signed a Memorandum of Understanding (MoU) with Federation of Indian Chambers of Commerce and Industry (FICCI) on Tuesday to promote innovation, support the semiconductor and electronics industry, str ... read..
The US Consumer Price Index for All Urban Consumers (CPI-U) has cooled down to 0.3 per cent in April, following a 0.4 per cent rise in March. ... read..
The unemployment rate in urban areas for persons aged 15 and above has decreased to 6.7 per cent during the previous quarter January to March 2024, according to the Periodic Labour Force Survey quarterly bulletin (January to March 2024). ... read..
After the recent spice controversy, where Singapore and Hong Kong banned the sale of MDH and Everest spices in their countries due to the presence of Ethylene Oxide (EtO) residue, the Spice Board of India has taken steps to ensure the safety and quality o ... read..
The much-awaited India-EU Free Trade Agreement (FTA) negotiations have reached a decisive stage. Sources indicate that the crucial round will commence after the new government is formed after the ongoing general elections, according to officials familiar ... read..
The 8th round of trade agreement negotiations between India and Peru is expected to take place in July this year and will focus on lowering customs duties, addressing technical barriers to trade, and introducing dispute settlement mechanisms. ... read..
For India to shine, more and more girls must enter the realm of STEM (Science Technology Engineering Mathematics) and opt for technology as a career, said Isha Ambani, Director, Reliance Industries Limited. ... read..
India registered record exports in the just concluded financial year 2023-24 at USD 778 billion, sources in the commerce ministry said. In 2022-23, the country exported goods and services combined at USD 776.3 billion. ... read..
Mumbai (Maharashtra) | May 15, 2024 7:01:12 PM IST
Indian benchmark indices on Wednesday deviated from their three-day winning streak and concluded in negative territory amidst cautious sentiment of investors preceding the release of crucial US inflation data and the ongoing elections. ... read..
Finance Minister Nirmala Sitharaman on Wednesday attacked the Congress for neglecting India's growth for the 10 years in the UPA era and stated that Congress wasted India's economic growth potential and left it among the 'Fragile Five' economies without f ... read..
India has topped major APAC countries with the highest data centre capacity of 950MW in the Asia-Pacific region (excluding China), overtaking major countries like Australia, Hong Kong SAR, Japan, Singapore, and Korea, a report released by real estate cons ... read..
Former DHFL director Dheeraj Wadhawan has moved a bail plea application seeking bail on medical grounds after his arrest. His bail plea is listed on May 18. ... read..
The Securities and Exchange Board of India (SEBI) has granted an additional three years of time to the Life Insurance Corporation of India (LIC) to achieve 10 per cent public shareholding, the insurance company informed stock exchanges on Wednesday. ... read..