Bridgestone India inducts 93 women apprentices in manufacturing operations
Kolkata: Bridgestone India, as part of an upskilling initiative in manufacturing, has inducted 93 women apprentices in the company’s manufacturing operations at Pune.
Finance
Govt invites bids to select asset valuer for IDBI Bank
New Delhi: The Centre has invited bids to choose an asset valuer for IDBI Bank acting on its plans to divest its stake in the lender.
UPI crosses 10 billion monthly transactions in Aug; PM Modi congratulates
New Delhi: India’s contactless digital payments framework, Unified Payments Interface (UPI), crossed 10 billion monthly transactions in August, said Reserve Bank’s non-profit agency, National Payments Corporation of India (NPCI) on Friday.
Over 6.62 cr subscribers under National Pension System and Atal Pension Yojana
New Delhi: The number of subscribers under the National Pension System (NPS) and Atal Pension Yojana (APY) together has grown to more than 6.62 crore and the total Asset Under Management (AUM) has reached Rs 10 lakh crore (Rs. 10,00,000 crore), according to the Ministry of Finance.
Rationalization of coal linkages results in rationalizing 92.16 MT of coal with potential savings of Rs 6,420 cr
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, MOIL sign MoU to collaborate in renewable energy and decarbonization
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
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
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
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
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
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
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
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
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
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
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
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.
'Concerted bid by revive Soros-funded interests to revive meritless Hindenburg report': Adani Group denies OCCRP's allegations
Mumbai: Gautam Adani-led Adani Group has strongly rejected the fresh allegations of stock manipulation by the Organised Crime and Corruption Reporting Project (OCCRP) has made against the Adani Group.
JSW Group in talks with Chinese carmaker to make EVs in India: Report
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
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.
Meeting held to Renewable Energy Technology Action Platform under US - India Strategic Clean Energy Partnership
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
New Delhi: 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
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
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
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
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
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
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
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
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.