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Economy projected to grow at 7 percent in 2024-25; geopolitical tensions pose risks to outlook: RBI | 5.3 magnitude earthquake hits Himachal's Kangra Valley, Chamba | Robert Vadra drops hint at contesting Lok Sabha polls, says 'if Amethi wants' | All Sandeshkhali perpetrators will be severely punished: PM Modi in Bengal | Sonia Gandhi takes oath as Rajya Sabha member | Congress spokesperson Gourav Vallabh quits party; says party became 'directionless' | Lok Sabha polls 2024: PM Modi, Amit Shah to visit Tamil Nadu to campaign for BJP-led NDA candidates | 'Child died of shock': Goa Police say on Bengaluru CEO Suchana Seth strangling her son | Congress expels Sanjay Nirupam for 6 years over his 'anti-party statements' | 5 dead in a chemical factory explosion following fire in Telangana's Sangareddy

Indian economy will have double digit growth in 2021-22, says Niti Aayog vice-chairman: Report

Jul 12, 2021, at 12:22 am

New Delhi/IBNS: Indian economy will achieve a double digit growth in the current fiscal 2020-21,Niti Aayog Vice-Chairman Rajiv Kumar has said, adding that the country's disinvestment also looks better.

New Delhi fuel prices pick up, petrol retails at Rs 100.81

Jul 10, 2021, at 10:22 pm

New Delhi/UNI: After remaining unchanged for a day, fuel prices witnessed a surge Saturday with petrol and diesel costing Rs 100.81/ litre and Rs 89.88 per litre respectively in the South Asian country's national capital.

British firm AB Mauri obtains allotted land in Pilibhit Industrial Area

Jul 10, 2021, at 10:14 pm

Lucknow/UNI: Attracted by UPSIDA’s (UP State Industrial Development Authority) ‘Ease Of Doing Business’ policy and a chance to obtain all land-related information on its GIS portal, AB Mauri, an operating division of Associated British Foods, expressed their interest in setting up a project in Pilibhit, U.P.

Mother Dairy milk prices increase by Rs 2 per litre

Jul 10, 2021, at 09:29 pm

New Delhi/UNI: Leading milk supplier Mother Dairy has increased its milk prices in Delhi-NCR and other cities by Rs two/litre citing higher input costs.

Indian Market: Sensex down by 98.48 pts during week

Jul 10, 2021, at 09:05 pm

Mumbai/UNI: The equity market remained negative for another week, as the Sensex fell by 98.48 points or 0.19 per cent to settle at 52,386.19 in a volatile week under review on worries that the spread of the Delta variant of coronavirus may hamper global economic recovery.

Economy treads cautiously optimistic on pent-up demand: ASSOCHAM

Jul 10, 2021, at 04:50 am

Kolkata/IBNS: After a tough first quarter, the Indian economy is finding demand back on the back of a strong level of activities in construction -related business, consumer durables like air-conditioners, refrigerators and other electrical gadgets and rural segments of the fast moving consumer goods, ASSOCHAM said in a statement.

India, UK stand united to deepen financial services ties

Jul 10, 2021, at 12:28 am

New Delhi/UNI: India and the United Kingdom will deepen their financial services relationship, focusing on banking, insurance and capital markets.

Amazon bets big on tier 2 and tier 3 Indian cities driving its growth

Jul 09, 2021, at 09:36 pm

Kolkata/IBNS: Around 65 percent of Amazon's orders in India are placed from tier two cities driving the growth of the American e-commerce giant in the South Asian nation, said a top official.

With strategic rail and coal projects by Adani Group, Australia set to witness reduced emissions and increased job opportunities

Jul 09, 2021, at 07:47 pm

Recently, Adani Group Australia has been working extensively to make both its projects operational by the end of 2021. While Adani Carmichael mine is set to start the production by 2021, the rail project is also nearing completion.

Mahindra & Magenta launches end-to-end EV solutions in Bengaluru

Jul 09, 2021, at 06:07 pm

Bengaluru/UNI: Mahindra group and Magenta, clean energy solutions enterprise, have announced their association to redefine last-mile deliveries in Bengaluru with Mahindra Treo Zor electric cargo vehicles.

Rupee rises eight paise against USD

Jul 09, 2021, at 06:02 pm

Mumbai/UNI: The Rupee on Friday improved by eight paise at 74.62 against the US Dollar in early trade, on fresh selling of USD by bankers and exporters, dealers at the Forex Market said.

Volvo Cars reports best ever first half year sales in 2021

Jul 09, 2021, at 05:45 am

Kolkata/IBNS: Volvo Cars reported its strongest first half year sales in the first six months of 2021 as it sold 380,757 cars globally, an increase of 41.0 per cent compared with the same period last year.

SBI General Insurance launches 'Arogya Supreme' Health Insurance plan

Jul 08, 2021, at 08:28 pm

New Delhi/UNI: SBI General Insurance, one of India’s leading general insurers, has announced the launch of a comprehensive health insurance plan named ‘Arogya Supreme’ on Thursday.

HDFC Bank spends Rs. 634.91 crore towards CSR in FY 2020-2021

Jul 08, 2021, at 08:25 pm

New Delhi/UNI: HDFC Bank spent Rs 634.91 crore towards Parivartan, the umbrella programme for all Corporate Social Responsibility initiatives, in FY 2020-21.

Airtel Payments Bank launches ‘Pay to Contacts’ for UPI payments

Jul 08, 2021, at 07:29 pm

New Delhi/UNI: Airtel Payments Bank has launched ‘Pay to Contacts’ which allows customers to initiate a UPI payment just by selecting the receiver’s mobile number from their phonebook.

Dept of Public Enterprises back with Finance Ministry for better coordination and asset management

Jul 08, 2021, at 01:18 am

New Delhi/IBNS: The Department of Public Enterprises (DPE) which was created in 1965 as Bureau of Public Enterprises (BPE) has been placed under the ministry of finance to allow "direct and better" coordination, according to a media report.

Petrol price surges past Rs 100 per litre in Delhi

Jul 07, 2021, at 10:42 pm

New Delhi/UNI: Petrol prices crossed the Rs 100 per litre-mark in New Delhi on Tuesday after fuel retailers raised petrol rates by 35 paise per litre and diesel by 17.

Indian Market: Sensex regains 193.58 pts

Jul 07, 2021, at 10:36 pm

Mumbai/UNI: The BSE Sensex on Wednesday bounced back by 193.58 pts at 53,054 on the strength of Metal, Realty, Capital Goods and Industrial stocks.

Tata Steel moves up by 4.38 pc to Rs 1217.80

Jul 07, 2021, at 10:34 pm

Mumbai/UNI: Tata Steel on Wednesday surged by 4.38 pc to Rs 1217.80, a major gainer in 30 scrips of the BSE.

Kotak Securities announces investment of Rs.10 Crore in Kredent InfoEdge

Jul 07, 2021, at 04:43 am

Kolkata/IBNS: Kotak Securities Limited (KSL) on Tuesday announced the closure of its investment in financial technology startup Kredent InfoEdge Private Limited (KIPL) for a total cash consideration of Rs 10 crore as part of its recently launched Start-up Investment and Engagement Programme.

The Republic of Malawi opens its first consulate office in Kolkata

Jul 07, 2021, at 03:32 am

Kolkata/IBNS: The Republic of Malawi, located in the south-eastern part of Africa, opened its first consulate office in Kolkata on Tuesday.

Amazon India launches two all-women delivery stations in Kerala

Jul 07, 2021, at 02:43 am

Thiruvananthapuram/UNI: Amazon India on Tuesday announced the launch of two all-women delivery stations in Kerala.

First commercial shipment of Mishri variety of cherries from Kashmir exported to Dubai

Jul 07, 2021, at 12:12 am

New Delhi: In a step towards boosting horticultural crops exports, a first commercial shipment of Mishri variety of luscious cherries from Kashmir valley has been exported to Dubai from Srinagar.APEDA assisted the shipment of cherries to Dubai by MS Desai Agri-Food Private Limited, a venture company of MS Innoterra, Dubai.

Fujifilm appoints Koji Wada as the MD for India

Jul 06, 2021, at 11:04 pm

Mumbai/UNI: Fujifilm India Private Limited (FFIN), a pioneer in imaging technologies, on Tuesday announced the appointment of Koji Wada as the new Managing Director for Fujifilm India, effective from June 29 this year.

WardWizard clocks 310 pc sales growth in June

Jul 06, 2021, at 10:52 pm

New Delhi/UNI: WardWizard Innovations and Mobility Ltd, a manufacturer of electric two-wheeler brand ‘Joy e-bike’, closed the month of June 2021 with bullish tendency, selling 938 units and registering a growth of more than 310 per cent.

GST collection for June drops to Rs. 92849 crore

Jul 06, 2021, at 10:49 pm

New Delhi: The gross GST revenue collected in the month of June’ 2021 is Rs. 92,849 crore of which CGST is Rs. 16,424 crore, SGST is Rs. 20,397, IGST is Rs. 49,079 crore (including Rs. 25,762 crore collected on import of goods) and Cess is Rs. 6,949 crore (including Rs. 809 crore collected on import of goods).

Snapdeal ropes in senior Walmart Executive Saurabh Bansal as Chief Merchandising Officer

Jul 06, 2021, at 10:28 pm

New Delhi: Snapdeal, an e-commerce company, on Tuesday announced the appointment of Saurabh Bansal as its Chief Merchandising Officer. 

Indian Market: Sensex falls 18.82 pts

Jul 06, 2021, at 10:21 pm

Mumbai/UNI: The BSE Sensex on Tuesday fell marginally by 18.82 pts to settle at 52,861.18 as selling was seen in Auto, Technology, IT and Health Care stocks.

Amazon Pay ICICI Bank credit card on-boards over two million customers

Jul 06, 2021, at 10:19 pm

Kolkata: ICICI Bank and Amazon Pay on Tuesday  announced that the Bank has crossed the milestone of issuing two million ‘Amazon Pay ICICI Bank' credit cards.

Rupee marginally up by 3 paise against USD

Jul 06, 2021, at 05:04 pm

Mumbai/UNI: The Rupee on Tuesday moved up by three paise at 74.27 against the US Dollar in the early trade, on selling of the US Dollar by bankers and exporters, dealers at the Forex Market said.