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Business
Farm sector to get Interim Budget boost for food security, inclusive growth
22 Jan 2024 12:21 PM IST
New Delhi, Jan 21: The Interim Budget to be presented by Finance Minister Nirmala Sitharaman on February 1 will aim to give a major boost to the agricultural sector in order to enhance the country’s food security and ensure inclusive growth in the economy. There is expected to be a significant...
Business
Interim Budget to signify BJP's intent if voted for third term: Expert
22 Jan 2024 12:19 PM IST
Chennai, Jan 21: The common thread that runs through the budgets presented by the NDA government under Prime Minister Narendra Modi during the last 10 years has been a balancing act between growth and social welfare, said a top economist at Anand Rathi Shares and Stock Brokers. “Over the past...
Business
Rs 2.2 lakh cr for free foodgrains; Vishwakarma Scheme to get big push
22 Jan 2024 12:18 PM IST
New Delhi, Jan 21: The Interim Budget is expected to allocate Rs 2.2 lakh crore to implement the free foodgrains scheme for the poor and hike outlays on other social welfare schemes such as the rural employment guarantee scheme under MGNREGA and the Vishwakarma Scheme for craftsmen such as...
Business
Second Boeing aircraft model to be inspected by US aviation agency
22 Jan 2024 12:16 PM IST
London, Jan 22: Checks are to be carried out on a second Boeing aircraft model in the US following the blowout of an unused door on one of its planes earlier this month, media reports said. The US Federal Aviation Administration grounded more than 170 of the 737 Max 9 fleet after a cabin panel...
Business
Sony sends termination letter to Zee to call off merger
22 Jan 2024 12:15 PM IST
New Delhi, Jan 22: Sony Group Corp. has officially notified Zee Entertainment Enterprises Ltd. that it plans to call off the merger between its India unit and the media network, ending a two-year acquisition saga and leaving Zee vulnerable to competition as rivals bulk up, Bloomberg reported. The...
Business
Power capacity from non-fossil fuels to touch 65% by 2030: Minister
20 Jan 2024 2:49 PM IST
New Delhi, Jan 19: Minister for Power and New & Renewable Energy R.K. Singh said on Friday that India is adding renewable energy capacity at a pace that is one of the fastest in the world and is likely to increase its power capacity from non-fossil fuels to 65 per cent by 2030. The Minister...
Business
Telangana signs investment deals worth over Rs 40K crore at Davos
20 Jan 2024 2:48 PM IST
Hyderabad, Jan 19: Telangana has signed investment deals worth Rs 40,232 crore at the World Economic Forum annual meeting at Davos. The state government said that the visit by the delegation led by Chief Minister A. Revanth Reddy, and also comprising IT & Industries Minister D Sridhar Babu...
Business
Amazon removes 'Shri Ram Mandir Ayodhya Prasad' sweets after CCPA notice
20 Jan 2024 2:47 PM IST
New Delhi, Jan 20: After getting a notice from the Central Consumer Protection Authority (CCPA), Amazon has removed sweets sold under the name 'Shri Ram Mandir Ayodhya Prasad'. The products include 'Ghee Bundi Ladoo', 'Khoya Khobi Ladoo', 'Raghupati Ghee Ladoo', and 'Desi Cow Milk Peda', reports...
Business
Stock markets to observe trading holiday on Jan 22
20 Jan 2024 2:45 PM IST
Mumbai, Jan 19: Stock exchanges will observe trading holiday on January 22 in Equity, Equity Derivatives, SLB Segment. BSE cited a notification of Maharashtra General Administration Department dated January 19 regarding declaration of public holiday on January 22 and RBI press release regarding...
Business
Tata Steel to shut blast furnaces at UK plant; 2,800 jobs likely to go
20 Jan 2024 2:43 PM IST
London, Jan 19: Tata Steel said on Friday that it will be shutting down the two blast furnaces in its plant in the UK by the end of this year, which would result in the loss of up to 2,800 jobs at the company's Port Talbot steelworks in Wales. The company is switching to lower carbon electric arc...
Business
India will need 2,840 new aircraft in 20 years, says Airbus
19 Jan 2024 11:34 AM IST
Hyderabad, Jan 19: India will need 2,840 new aircraft over the next two decades to serve the needs of its growing civil aviation market, Airbus India and South Asia President and Managing Director Remi Maillard said on Thursday. Addressing a press conference on the sidelines of ‘Wings India 2024’...
Business
Vans & The North Face owner admits hackers stole 35 mn customers’ data
19 Jan 2024 11:33 AM IST
San Francisco, Jan 19: Vans footwear maker VF Corp has admitted it was hit by a cyber attack that led to a breach of personal data of about 35.5 million consumers. VF Corp, the parent company of the popular apparel brands Vans, Supreme and The North Face, said in a regulatory filing that hackers...
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