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Russian Deputy PM Denis Manturov calls on PM Modi, discusses strategic partnership | Karnataka Minister sparks row with racist remark against HD Kumaraswamy | BJP urges EC to 'reprimand, censure' Rahul Gandhi for spreading 'lies' in Maharashtra poll campaign | 10 suspected Kuki insurgents killed in encounter with security forces in Manipur's Jibram, curfew imposed | A lot of countries are nervous about the US, India not among them: Jaishankar | Supreme Court denies bail to Prajwal Revanna in rape and sexual assault cases | Kashmir: Security forces ramp up search operation against militants in Kishtwar after para commando dies in encounter | Justice Sanjiv Khanna takes oath as 51st Chief Justice of India | Congress wants to return to power dividing castes: PM Modi in Maharashtra | Pakistan: 24 killed, over 30 injured in blast at Quetta railway station in Balochistan

India's wholesale price inflation increases marginally in December

Jan 16, 2017, at 10:27 pm

New Delhi, Jan 16 (IBNS): India’s annual inflation based on wholesale prices increased marginally to touch 3.39 percent in December.

India needs 80 lakhs Wi-Fi hotspots: ASSOCHAM-Deloitte study

Jan 14, 2017, at 12:22 am

New Delhi, Jan 13 (IBNS): India needs over 80 lakhs hotspots as against the availability of about 31,000 hotspots with a view to reach the global level of one Wi-Fi hotspot penetration for every 150 people, according to ASSOCHAM-Deloitte joint study.

Tata Power's TPSDI trains over 11,000 youth across India

Jan 14, 2017, at 12:09 am

Mumbai/ Kolkata, Jan 13 (IBNS) Tata Power, an integrated power company through its skill development endeavor, TPSDI (Tata Power Skill Development Institute) on National Youth Day, trained more than 11,000 youth across the nation.

ABB wins INR 4350 crore deal for long distance power transmission link in India

Jan 11, 2017, at 01:00 am

Bengaluru, Jan 10 (IBNS): ABB has teamed up with India's national electricity grid operator Power Grid Corporation of India Limited (POWERGRID) in a mega project worth over INR 4350 crore for ABB to deliver a transmission link that will have the capacity to bring reliable electricity to more than 80 million people.

NATCO receives final approval for Generic Bendamustine HCl Powder for USA Market

Jan 06, 2017, at 09:47 pm

New Delhi, Jan 6 (IBNS):Natco Pharma Limited on Friday announced the final approval of Abbreviated New Drug Application (ANDA) containing a paragraph IV certification filed with the U.S. Food and Drug Administration (FDA) for generic version of Bendamustine Hydrochloride powder for Injection, 25 mg/Vial and 100 mg/Vial (Singe-Dose Vial).

Tata Trusts launches 'Kalapana’, a festival promoting art forms of India

Jan 05, 2017, at 12:32 am

Mumbai /Kolkata, Jan 4 (IBNS): To celebrate the diverse forms of arts and crafts in India, Tata Trusts has launched 'Kalapana', a specially curated festival featuring lead performing artists and craftsmen.

Cabinet approves India’s approach to COP to the UNFCC

Dec 15, 2016, at 02:01 am

New Delhi, Dec 14 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi has given its ex-post facto approval to India’s approach to Climate Change Negotiations at the Conference of Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCC), held in Marrakesh, Morocco during Nov 7-18, 2016.

Cabinet approves signing of an Agreement between India, Kyrgyzstan on cooperation in the field of agriculture

Dec 15, 2016, at 01:57 am

New Delhi, Dec 14 (IBNS): The Union Cabinet, chaired by Prime Minister Narendra Modi has approved the proposal of the Ministry of Agriculture and Farmers Welfare for Signing of an Agreement between India and Kyrgyzstan on cooperation in the field of agriculture and food related industry.

India's wholesale inflation touches 3.15 pct in November

Dec 15, 2016, at 01:34 am

New Delhi, Dec 14 (IBNS): India's annual rate of inflation based on wholesale prices touched 3.15 percent in November, government data released on Wednesday said.

India's retail inflation touches 3.63 pct in November

Dec 13, 2016, at 11:41 pm

New Delhi, Dec 13 (IBNS): India's annual consumer price inflation touched 3.63 percent in Novembers, official data released by the government on Tuesday said.

Industrial production drops 1.9 percent in October

Dec 10, 2016, at 12:06 am

New Delhi, Dec 9 (IBNS): India's industrial production dropped 1.9 percent in October, government data released on Friday revealed.

India-UK ease of doing Business Conference

Dec 08, 2016, at 06:22 pm

New Delhi, Dec 8 (IBNS): The India-UK Conference on Ease of Doing Business has been jointly inaugurated by Secretary, Department of Industrial Policy and Promotion, Ministry of Commerce & Industry, India, Ramesh Abhishek and British High Commissioner Sir Dominic Asquith, on Dec 8, 2016 in New Delhi.

Philips Lighting accelerates sustainability initiatives in India

Dec 08, 2016, at 01:36 am

Mumbai, Dec 7 (IBNS): Philips Lighting, a global leader in lighting, accelerated its sustainability initiatives in India with the launch of its CFL and Tubelight safe disposal program.

Indian GDP grows 7.3 pct in September quarter

Nov 30, 2016, at 11:43 pm

New Delhi, Nov 30 (IBNS): Indian economy moved up by 7.3 percent during the period between July to September, government data released on Wednesday revealed.

Demonetisation: Madras HC urges govt to ban INR 2000 notes

Nov 22, 2016, at 03:26 am

Chennai, Nov 21 (IBNS): The Madras High Court on Monday asked the Finance Ministry to ban the newly released INR 2000 notes, based on a PIL filed in the court, reports said.

Siby Sebastian appointed as CEO of SBM Bank (Mauritius) Ltd, India

Nov 22, 2016, at 01:49 am

Mumbai, Nov 21 (IBNS): The State Bank of Mauritius (SBM) Group has announced the appointment of Siby Sebastian as Chief Executive- SBM India Operations.

FarEye ranks among one of India's 50 fastest growing tech companies

Nov 21, 2016, at 10:23 pm

New Delhi Nov 21 (IBNS): Technology company FarEye which helps enterprises run their business operations more efficiently has entered the prestigious list of Deloitte Technology Fast 50 winners for 2016.​

DHL eCommerce invests EUR 70 million to strengthen India’s e-commerce sector

Nov 18, 2016, at 12:48 am

Kolkata, Nov 17 (IBNS): DHL eCommerce, a division of the world’s leading logistics company, Deutsche Post DHL Group, is investing EUR 70 million (51,184 lakh rupees) to strengthen its operations to meet the fast-growing demand for quality e-commerce logistics services in India, the company said

India's wholesale inflation drops at 3.39 per cent

Nov 15, 2016, at 11:22 pm

New Delhi, Nov 15 (IBNS): India's wholesale prices has dropped to 3.39 per cent for October, government data released on Tuesday said.

Bilateral trade agreement signed between India, Bhutan

Nov 13, 2016, at 03:52 am

New Delhi, Nov 12 (IBNS): Commerce and Industry Minister Nirmala Sitharaman and H.E. Tengye Lyonpo Lekey Dorji, Minister for Economic Affairs, Royal Government of Bhutan signed the Agreement on Trade, Commerce and Transit between India and the Royal Government of Bhutan in the presence of H.E. Lyonchhen Tshering Tobgay, Prime Minister of Bhutan at the Gyalyong Tshokhang in Thimphu on Nov 12.

Narendra Modi meets members of India-Japan Business Leaders’ Forum

Nov 11, 2016, at 02:45 pm

Tokyo, Nov 11 (IBNS): Prime Minister Narendra Modi on Friday met members of the India-Japan Business Leaders’ Forum here and said Japan can take advantage of the conducive business environment in India.

Direct Tax Collections up to October, 2016 show an increase of 10.6%, says govt

Nov 10, 2016, at 04:38 am

New Delhi, Nov 9 (IBNS): The figures for Direct Tax Collections up to October, 2016 show that net collections are at Rs.3.77 lakh crore which is 10.6% more than the net collections for the corresponding period last year, official data released on Wednesday said.

Uday Kotak, Gerry Grimstone calls on Arun Jaitley

Nov 08, 2016, at 01:04 am

New Delhi, Nov 7 (IBNS): The Co-Chairs of the India UK Financial Partnership (IUKFP), Uday Kotak and Sir Gerry Grimstone called on the Union Finance Minister Arun Jaitley in his office here on Monday to appraise him on progress of the partnership and presented the two most recent papers on ‘Financial Inclusion’ and ‘Responsible Shareholder Engagement – An Indian Stewardship Code’.

Economy set to perform better in 2nd half of FY 16: ASSOCHAM Bizcon survey

Nov 02, 2016, at 04:15 am

New Delhi, Nov 1 (IBNS): Indian economy would be performing better in the second half of the current fiscal and the trend appears to have begun from the quarter beginning October, 2016 with 66.7 per cent of the latest ASSOCHAM Bizcon Survey respondents expecting uptick in sales, capacity utilization, though positivity on fresh investment is tentative.

Gartner says IT spending in the banking and securities Industry in India to reach $7.8 billion in 2017

Oct 28, 2016, at 11:39 pm

New Delhi, Oct 28 (IBNS): IT spending by banking and securities firms in India will reach $7.8 billion dollars in 2017, an increase of 8.6 percent from 2016, according to Gartner, Inc.

Indo-Sri Lanka joint military exercise Mitra Shakti 2016 begins in Ambepussa

Oct 25, 2016, at 11:41 pm

New Delhi, Oct 25 (IBNS): The fourth edition of the India-Sri Lanka Joint Military Exercise ‘Mitra Shakti 2016’ is being conducted at Sinha Regimental Centre in Ambepussa, Sri Lanka from Monday.

ADB to provide India $500 million for solar rooftop systems

Oct 05, 2016, at 02:17 am

Manila, Oct 4 (IBNS): The Asian Development Bank (ADB) on Tuesday said it is set to provide $500 million in financing for rooftop solar systems that will help the Indian government expand energy access using renewable energy.

Pidilite Industries, WD-40 Company enter tie-up for multi-purpose spray in India

Sep 30, 2016, at 04:31 am

Mumbai, Sept 29 (IBNS): Adhesives and industrial chemicals manufacturer Pidilite on Thursday announced its sales and distribution tie-up with WD-40 Company, a global marketing organization dedicated to creating positive lasting memories by developing and selling products that solve problems in workshops, factories and homes around the world.

Cabinet approves India - Singapore MoU to give a boost to Innovation, Creativity and Technological Advancement

Sep 28, 2016, at 10:54 pm

New Delhi, Sept 28 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday given its approval to the Memorandum of Understanding (MoU) in the field of Industrial Property Cooperation between Department of Industrial Policy and Promotion under the Ministry of Commerce & Industry and the Intellectual Property Office of Singapore (IPOS), Ministry of Law, Government of Singapore.

India stands at 39th rank among most competitive economies

Sep 28, 2016, at 10:00 pm

Geneva, Sept 28 (IBNS) India has moved 16 places to stand at the 39th position during the past year in the WEF's Global Competitiveness Index.