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Business
Union Budget: India to give further push to green energy
22 July 2024 7:36 AM GMT
New Delhi, July 22: The Union Budget 2024-2025 will give a further push to prioritise environmental, social, and governance (ESG) and sustainability initiatives to drive long-term economic growth and environmental resilience, experts said on Monday. Last month, the World Economic Forum (WEF) hailed...
Business
Economic Survey 2023-24: Economy continues to expand, inflation largely under...
22 July 2024 7:34 AM GMT
New Delhi, July 22: The Centre on Monday tabled the Economic Survey 2023-2024 in the Lok Sabha. The survey presented by Finance Minister Nirmala Sitharaman and prepared by the Economic Division under the Ministry of Finance provides a detailed analysis of the economic performance for the fiscal year...
Business
South Korea's First Lady quizzed over luxury bag scandal, stock manipulation
22 July 2024 7:27 AM GMT
Seoul, July 21: Prosecutors said on Sunday they have questioned first lady Kim Keon Hee over allegations that she received a Christian Dior handbag and other expensive gifts from a pastor, as well as her alleged involvement in a stock manipulation case. Kim has become the first wife of an incumbent...
Business
US issues warning on Microsoft outage, Nadella says working to bring systems...
20 July 2024 7:13 AM GMT
San Francisco, July 20: US cybersecurity agency CISA has warned that hackers are trying to take advantage of Microsoft outage for phishing and other malicious activity, as the tech giant’s Chairman and CEO Satya Nadella said they are working hard to safely bring systems back online globally.The US...
Business
India’s goods exports to top countries record double digit surge
20 July 2024 7:10 AM GMT
New Delhi, July 20: India’s exports to the lucrative Western markets have recorded a strong double digit growth in the April-June quarter of the current financial year reflecting the competitive strength of the economy.The latest data compiled by the Commerce and Industry Ministry show that India’s...
Business
Jio becomes largest operator globally in terms of data traffic
20 July 2024 7:08 AM GMT
Mumbai, July 18: Jio has become the largest operator globally in terms of data traffic. Jio is the largest 5G operator outside China with 130 million subscribers accounting for over 31 per cent of Jio’s wireless data traffic.Jio's total subscriber base has reached 490 million, including 130 million...
Business
Indian economy ripe for robust growth, entering 'Goldilocks period'
20 July 2024 7:04 AM GMT
New Delhi, July 20: As the stock markets reach record high amid a surge in new investments and GDP forecast to grow at 7 per cent for FY25, the Indian economy is entering a ‘Goldilocks period’ amid ideal conditions for growth and profitability, according to an ace global expert.According to Kenneth...
Business
World Bank pledges $100 million to digitise Zambia
20 July 2024 7:02 AM GMT
Lusaka, July 20: The World Bank pledged $100 million to help Zambia speed up its digital infrastructure and increase access to the internet.Managing Director and World Bank Group Chief Administrative Officer Zhang Wencai said the support will come through the Digital Zambia Acceleration Project to...
Business
India’s electricity demand may surge by eight per cent this year: IEA
19 July 2024 9:42 AM GMT
New Delhi, July 19: With demand for electricity in India expected to surge by a massive eight per cent this year, the world’s demand is rising at its fastest rate in years, driven by robust economic growth, intense heat waves and increasing uptake of technologies that run on electricity such as EVs...
Business
Japan’s Toshiba group to invest Rs 500 crore to expand ops in India
19 July 2024 9:40 AM GMT
New Delhi, July 19: Japan’s Toshiba Group plans to invest another 10 billion Japanese yen (over Rs 500 crore) in India to expand its capacity for producing power transmission and distribution equipment in the country.Toshiba Transmission & Distribution Systems (India) Pvt Ltd (TTDI) will...
Business
Paytm share price sees positive momentum, as firm announces Q1 FY25 results
19 July 2024 9:38 AM GMT
New Delhi, July 19: In a wider trend when stock prices of domestic technology majors are down by 2-2.7 per cent, One 97 Communications, the parent company that operates the brand Paytm, has seen an upward trend, after the firm announced its financial results for the first quarter of FY 2025.The...
Business
Global Microsoft outage: Airline services affected in India, netizens say 'early...
19 July 2024 9:37 AM GMT
New Delhi, July 19: The ongoing global outage of the US tech giant Microsoft has affected millions of users across the world, including in India, where airlines and airport services are majorly hit. Millions of Microsoft Windows users are experiencing the "Blue Screen of Death" error that causes...
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