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Surge in number of new firms being set up in 2024-25
Business

Surge in number of new firms being set up in 2024-25

New Delhi, Aug 12: The number of new company and LLP (limited liability partnership) incorporation's increased by nearly 5 per cent so far during the current financial year to touch the 91,578 mark compared to 87,379 in the same four-month period last year, according to Ministry of Corporate...
Emkay Global gives Adani Green Energy
Business

Emkay Global gives Adani Green Energy 'buy' rating, target price of Rs 2,550 per...

Mumbai, Aug 12: Adani Green Energy Ltd (AGEL) has shown remarkable growth with its operational renewable energy (RE) capacity expanding at a 41 per cent CAGR over the past five years, brokerage firm Emkay Global said on Monday, initiating coverage on the company with a 'buy' recommendation and a...
Adani Foundation receives
Business

Adani Foundation receives 'Van Pandit Award' for afforestation initiatives in...

Ahmedabad, Aug 9: The Adani Foundation on Friday said it has won the ‘Van Pandit Award’ for planting more than 1,70,000 trees in Gujarat's Mundra in 2022-23. The award was conferred by Gujarat Chief Minister Bhupendra Patel, in the presence of senior officials. This achievement has ranked the...
Centre approves 8 railways projects worth Rs 24,657 cr, to create 3 cr man days
Business

Centre approves 8 railways projects worth Rs 24,657 cr, to create 3 cr man days

New Delhi, Aug 9: In a bid to provide seamless connectivity while facilitating ease of travelling in new areas, the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Friday approved eight railways projects worth about Rs 24,657 crore. The new line projects, to...
PM MITRA Parks to bring Rs 70,000 crore investment in textiles sector: Minister
Business

PM MITRA Parks to bring Rs 70,000 crore investment in textiles sector: Minister

New Delhi, Aug 9: The Centre has approved the setting up of seven PM Mega Integrated Textile Region and Apparel (PM MITRA) Parks in greenfield and brownfield sites with world-class infrastructure including plug and play facility with an outlay of Rs. 4,445 crores for a period of seven years up to...
Ex-Twitter board member sues Elon Musk’s X for $20 million
Business

Ex-Twitter board member sues Elon Musk’s X for $20 million

New York, Aug 10: Billionaire Elon Musk-run X social media platform has been sued by a former Twitter board member for $20 million. Omid Kordestani, former Twitter (now called X) executive chairman, has sued the social media platform, claiming that Musk refused to cash out more than $20 million...
Unbelievably saddened: Sundar Pichai on demise of ex-YouTube CEO Susan Wojcicki
Business

Unbelievably saddened: Sundar Pichai on demise of ex-YouTube CEO Susan Wojcicki

New Delhi, Aug 10: Susan Wojcicki, once a key figure in Google's history, passed away after a two-year battle with cancer, Alphabet and Google CEO Sundar Pichai informed on Saturday. Wojcicki played a foundational role in shaping Youtube’s trajectory. “Unbelievably saddened by the loss of my dear...
India expected to clock 7.2 pc GDP growth in 2024-25: Report
Business

India expected to clock 7.2 pc GDP growth in 2024-25: Report

New Delhi, Aug 6: India's economy is expected to clock a 7 to 7.2 per cent growth rate in 2024-25 supported by a rebounding rural economy, strong manufacturing growth, robust bank balance sheets, and increased exports, according to financial advisory firm Deloitte.The August update of Deloitte's...
Australia
Business

Australia's Central Bank keeps interest rate at 4.35 per cent due to high...

Sydney, Aug 6: The Reserve Bank of Australia (RBA) left the cash rate target on hold at 4.35 percent on Tuesday as inflation is still some way above the midpoint of the 2-3 per cent target range. The RBA board said in a statement that it decided to leave the cash rate target unchanged at 4.35 per...
ADB grants $21 million to boost renewable energy in Tajikistan
Business

ADB grants $21 million to boost renewable energy in Tajikistan

Manila, Aug 6: The Asian Development Bank (ADB) Tuesday said it has approved a grant of $21 million as additional financing to expand the supply of renewable energy in Tajikistan by further modernising a hydropower plant.The additional financing will replace the power generation unit 4 at the...
Raj govt earns Rs 2,797 crore in mining revenue in April-July
Business

Raj govt earns Rs 2,797 crore in mining revenue in April-July

Jaipur, Aug 6: The Rajasthan government's Mines department has collected a revenue of Rs 2,797 crore with 29 per cent growth in the first four months of the financial year 2024-25 as compared to the same period of the last financial year. The growth rate of revenue collection in July was 69 per cent...
Mexican President ascribes global market jitters to dismal US unemployment
Business

Mexican President ascribes global market jitters to dismal US unemployment

Mexico City, Aug 6: Mexican President Andres Manuel Lopez Obrador blamed the drop in global markets on investor nervousness caused by the release of dismal employment figures in the United States."At the end of last week, like on Thursday, a situation of instability began, fundamentally attributed...
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