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Business
India to be 3rd largest economy in next 3 to 4 years: Piyush Goyal
11 July 2024 1:09 PM IST
New Delhi, July 10: Commerce and Industry Minister Piyush Goyal on Wednesday said India will be the 3rd largest economy in the next 3-4 years while the country’s exports would scale the $ 2 trillion export target by 2030.Addressing the FICCI national executive committee meeting here, Goyal said:...
Business
PM Modi urges Austria CEOs to invest in India’s fast-growing economy
11 July 2024 1:06 PM IST
Vienna, July 10: Prime Minister Narendra Modi and Chancellor of Austria Karl Nehammer, jointly addressed a group of leading Austrian and Indian CEOs from diverse sectors including infrastructure, automobile, energy, engineering and start-ups on Wednesday. Both leaders acknowledged the role played...
Business
COAI urges Centre to reduce tax burden on telcos in Union Budget
10 July 2024 3:04 PM IST
New Delhi, July 10: The Indian telecom sector will get a boost if the Centre further reduces the tax burden in the upcoming budget to help enhance the financial well-being of the sector, the Cellular Operators Association of India (COAI) said on Wednesday. In its recommendations on behalf of the...
Business
Urad prices dip on higher govt procurement, sown area shoots up amid better...
10 July 2024 3:03 PM IST
New Delhi, July 10: The prices of Urad have started declining in the domestic market on the back of a higher procurement of the summer crop by government agencies and the outlook for the kharif crop has improved with the increase in sown area this year due to a better monsoon, the Ministry of...
Business
Demand for electric buses to remain robust in India in FY25 amid govt push
10 July 2024 3:01 PM IST
New Delhi, July 10: The demand for electric buses is expected to remain robust in the coming years due to the growing focus on cleaner transportation systems and various government initiatives, a report showed on Wednesday. Last year, the government unveiled the PM e-bus Sewa Scheme, allocating a...
Business
Indians travelled close to 1,000 cities across 68 countries over the year:...
10 July 2024 3:00 PM IST
New Delhi, July 10; Indians travelled close to 1,000 cities across 68 countries over the year, a new report revealed on Wednesday. According to the ride-hailing platform Uber, summer holidays appear to be the most popular travel time for Indians to travel abroad as schools and colleges go into a...
Business
PLI booster: Telecom equipment manufacturing sales cross Rs 50,000 crore
10 July 2024 2:54 PM IST
New Delhi, July 10: The telecom equipment manufacturing sales have crossed Rs 50,000 crore under the production-linked incentive (PLI) scheme, creating more than 17,800 direct jobs and many more indirect jobs, the government said on Wednesday. Within three years of the telecom PLI scheme, it...
Business
Stock markets open on a high, auto & pharma shares lead
9 July 2024 11:33 AM IST
Mumbai, July 9: The benchmark indices opened on a high on Tuesday, with Sensex crossing the 80,000 mark again led by auto and pharma stocks, gaining over 200 points in morning trade. The NSE Nifty rose by 47 points and was trading at 24,368. According to analysts, the market attention is now turning...
Business
Rakesh Ramanlal Shah appointed Honorary Consul of Sri Lanka in Gujarat, receives...
9 July 2024 11:23 AM IST
New Delhi, July 8: Rakesh Ramanlal Shah, Chairman & Managing Director of GSEC Ltd, who was appointed as the Honorary Consul for Sri Lanka in Ahmedabad by the Sri Lankan government, received his Commission of Appointment on Monday from High Commissioner Kshenuka Senewiratne. His consular...
Business
MGL hikes CNG-PNG prices for Mumbai consumers
9 July 2024 11:22 AM IST
Mumbai, July 8:The Mahanagar Gas Ltd has hiked the prices of CNG by Rs 1.50/kg and domestic PNG by Rs 1/SCM in Mumbai and its surrounding areas with effect from midnight (July 8-9) on Monday, an official said. Accordingly, the price of CNG will go up from Rs 73.50/kg to Rs 75/kg, and the rate of...
Business
July begins with healthy rainfall, sowing status better than last year: Report
8 July 2024 2:14 PM IST
New Delhi, July 8: Signalling a normal monsoon ahead, The cumulative rainfall reached 1 per cent above the long-term average (as on July 6) while weekly rainfall (as on July 3) was 32 per cent above the long-term average in the country, a report showed on Monday. Spatial divergence has reduced with...
Business
First Airbus A320 Neo aircraft for Air India arrives in New Delhi
8 July 2024 1:50 PM IST
New Delhi, July 7: Air India on Sunday welcomed its first narrow body aircraft Airbus A320neo, which landed at the Indira Gandhi International Airport from the Airbus facility in Toulouse, France. The A320neo aircraft joining the Air India fleet will feature a three class configuration: eight...
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