Sep 02, 2023, at 06:18 am
New Delhi: The policy of rationalization of coal linkages, initiated by the Ministry of Coal, has resulted in the rationalizing of a total of 92.16 million tonnes (MT) of coal, with an annual potential savings of around Rs 6420 crores.
NITP, OIL sign MoU to collaborate in renewable energy and decarbonization
Sep 02, 2023, at 05:44 am
New Delhi: NTPC Limited and Oil India Limited signed a Memorandum of Understanding (MoU) on Thursday to explore collaboration in the areas of renewable energy, green hydrogen and its derivatives, and decarbonization initiatives including through the use of geothermal energy.
Kharif Crop sowing crosses 1077.82 lakh hectares
Sep 02, 2023, at 05:26 am
New Delhi: The area under coverage for paddy has increased by about 4% to 398.08 lakh hectares in the ongoing kharif sowing season against 383.79 lakh hectares in the same period last year, according to the data released by the Ministry of Agriculture.
Coal prodn records an increase of 12.85% in August 2023, reaching 67.65 MT
Sep 02, 2023, at 05:24 am
New Delhi: India’s overall coal production surged substantially in the month of August 2023, reaching 67.65 Million Tonne (MT) compared to 59.95 MT of the corresponding month in previous year, representing an increase of 12.85%, Coal Ministry said on Friday.
Adani Group stocks surge as market pays no heed to OCCRP's allegations of malpractice
Sep 02, 2023, at 05:20 am
Mumbai: A day after Gautam Adani-led Adani Group strongly rejected the fresh allegations of stock manipulation by the Organised Crime and Corruption Reporting Project (OCCRP), its shares recovered from intra-day lows to trade in the green, apparently reflecting the minimal impact of the charges on investors.
RBI Governor Shaktikanta Das rated top Central banker globally
Sep 02, 2023, at 04:12 am
New Delhi: Reserve Bank of India Governor Shaktikanta Das has been ranked the best Central banker globally with a rating of ‘A+’.
CCI approves Air India-Vistara merger
Sep 02, 2023, at 02:48 am
New Delhi: India’s anti-trust watchdog the Competition Commission of India (CCI) has approved the merger of Tata Group airlines Vistara and Air India, making Air India the largest international carrier in India and the second biggest domestic carrier after IndiGo.
India's GDP grows at 7.8 pct in Q1
Sep 02, 2023, at 12:03 am
Helped by continued growth momentum, especially in the services and construction sectors, India's gross domestic product (GDP) accelerated to 7.8% in the April-June quarter (Q1) of the current financial year 2023–24.
GST collection moves up 11 pct in August
Sep 01, 2023, at 11:06 pm
Goods and services tax (GST) collection rose 11% year-on-year (YoY) to Rs 1,59,069 crore in August 2023, according to data released by Finance Ministry on Friday.
Indian Market: Sensex zooms 555.75 pts
Sep 01, 2023, at 10:17 pm
Mumbai: The BSE Sensex on Friday registered a massive gain of 555.75 pts to close at 65,387.16 on the strength of Utilities, Metal and Oil and Gas stocks amid mixed global cues.
Indian economy off to a good start in Sept qtr: CEA Nageswaran
Sep 01, 2023, at 07:55 am
New Delhi: India’s Q1FY24 GDP growth of 7.8% is a "good number" and the government can comfortably maintain a growth target of 6.5% for FY24, according to India's chief economic advisor V. Anantha Nageswaran.
India's April-July fiscal deficit widens to Rs 6.06 lakh cr
Sep 01, 2023, at 07:02 am
New Delhi: India’s fiscal deficit increased to Rs 6.06 lakh crore in April-July while it was Rs 4.51 lakh crore in April-June, the data issued by the Controller General of Accounts on Thursday showed.
India's eight core sectors' output grows 8 pc in July
Sep 01, 2023, at 06:22 am
New Delhi: Driven mainly by the coal, cement, and steel sectors, India's core output, comprising eight key infrastructure sectors, grew 8% year-on-year (YoY) in July 2023.
Sep 01, 2023, at 05:59 am
Mumbai: Gautam Adani-led Adani Group has strongly rejected the fresh allegations of stock manipulation by the Organised Crime and Corruption Reporting Project (OCCRP).
JSW Group in talks with Chinese carmaker to make EVs in India: Report
Sep 01, 2023, at 03:01 am
Mumbai: India's JSW Group is entering into a licensing technology agreement with China’s Leapmotor, to build Electronic Vehicles (EVs) in India, Reuters reported.
India's Q1FY24 GDP grows 7.8%, highest in last four qtrs
Sep 01, 2023, at 01:42 am
New Delhi: India’s GDP grew at the rate of 7.8% in the first quarter of the Financial Year 2023-24, according to the data released by the National Statistical Office (NSO) on Thursday.
Aug 31, 2023, at 06:02 am
New Delhi: India and the United States held a meeting on Tuesday to launch the new U.S. - India Renewable Energy Technology Action Platform (RETAP) under the Strategic Clean Energy Partnership, the Ministry of New and Renewable Energy (MNREP) said.
BHEL bags NTPC order to set up thermal power project in Chhattisgarh
Aug 31, 2023, at 05:27 am
New Delhi: State-run engineering firm BHEL has secured the order for setting up the 2x800 MW Supercritical Thermal Power Project Stage-II at Lara in Chhattisgarh through International Competitive Bidding, according to a regulatory filing on Wednesday.
Odisha: Manganese ore mining resumes in Bolani Ore mines
Aug 31, 2023, at 04:39 am
Bhubaneswar: Manganese ore mining from Bolani Ore Mines has resumed with the mines fulfilling all the requisite compliances.
Passenger caught with gold worth Rs 8.90 lakh hidden in Nutella jars in Tamil Nadu's Trichy airport
Aug 31, 2023, at 04:34 am
Chennai: The law enforcement personnel at Tamil Nadu’s Trichy airport arrested a passenger after they caught the person with illegal gold hidden inside Nutella jars, media reports said.
PhonePe enters stockbroking domain with Share.Market app
Aug 31, 2023, at 03:37 am
Bengaluru: Walmart-owned fintech company PhonePe on Wednesday announced its foray into the stock broking domain by introducing its app called "Share.Market". This app enables users to engage in trading and investments within stocks, mutual funds, and exchange-traded funds (ETFs), media reports said.
Dell, Acer, Asus among 32 companies to apply for Rs 17,000 cr IT hardware PLI scheme
Aug 31, 2023, at 02:54 am
New Delhi: The Centre has received a total of 32 applications from top companies including Dell, Acer, Asus, Lenovo, Foxconn, and Netware for the Rs 17,000 crore production-linked incentive (PLI) scheme aimed at boosting the manufacturing of IT hardware.
Record Influx: More than 15,000 Indian techies choose Canada in the past year
Aug 30, 2023, at 07:22 pm
Canada has emerged as a global magnet for tech industry talent, with an astonishing 15,000 Indian tech workers making their way to the country in the span of just 12 months, from April 2022 to March 2023.
India-New Zealand ink MoU to boost cooperation in civil aviation
Aug 30, 2023, at 07:34 am
New Delhi: India and New Zealand have signed a Memorandum of Understanding (MoU) to boost cooperation in civil aviation.
India and New Zealand explore adoption of UPI to biz, boost trade & tourism
Aug 30, 2023, at 07:18 am
New Delhi: India and New Zealand are actively considering the implementation of the Unified Payments Interface (UPI) in the island nation to enhance the ease of conducting business, trade, and tourism interactions between the two countries, the Commerce Ministry said on Tuesday.
Nitin Gadkari launches world's first BS 6 stage II electrified Flex fuel vehicle made by Toyota
Aug 30, 2023, at 07:06 am
New Delhi: Union Minister for Road Transport Minister Nitin Gadkari on Tuesday launched the world's first prototype of the BS 6 Stage II ‘Electrified Flex Fuel Vehicle’, developed by Toyota Kirloskar Motor in New Delhi.
Aug 30, 2023, at 06:06 am
Mumbai: The West Bengal government on Tuesday held a roadshow in the country’s financial capital, Mumbai, inviting businesses to set shop in the set and actively participate in the 7th Bengal Global Business Summit, 2023 to be held on November 21-22 in Kolkata.
Tata Motors, Mahindra & Mahindra get certificates for PLI payout
Aug 30, 2023, at 06:01 am
New Delhi: Indian automakers Tata Motors and Mahindra and Mahindra have been granted domestic value certificates, a critical metric for eligibility in receiving payouts under India's Production Linked Incentive (PLI) scheme, Reuters reported.
ONGC earmarks Rs 1 lakh cr for green initiatives, seeks collaborations for green hydrogen
Aug 30, 2023, at 05:45 am
New Delhi: Energy major Oil and Natural Gas Corporation Ltd (ONGC) will invest around Rs 1 lakh crore to scale up its renewable capacity and achieve multiple green initiatives by 2030.
SoftBank to sell 1.17% stake in Zomato for Rs 940 cr: Report
Aug 30, 2023, at 05:42 am
Mumbai: SoftBank Vision Fund (SVF Global) is reportedly planning to sell a 1.17 percent stake in food delivery giant Zomato for Rs 940 crore (approximately $126 million) through a block deal, media reports said.