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Business
Stock markets open on positive note, HCLTech gains
15 July 2024 6:59 AM GMT
Mumbai, July 15: The Indian benchmark indices opened on a positive note on Monday amid IT quarterly results and foreign institutional investors’ (FII) buying. The Sensex opened around 160 point up at the 80,674 level while the Nifty opened nearly 40 points up at the 24,540 level.HCLTech shares went...
Business
SBI hikes lending rates
15 July 2024 6:58 AM GMT
Mumbai, July 15: The country’s largest lender State Bank of India (SBI) has raised its benchmark marginal cost of lending rate (MCLR) by 5-10 basis points with effect from Monday (July 15).Interest rates on loans linked to MCLR are also likely to go up following the hike. The rate on loans of one...
Business
OP Jindal Global University inks MoU with United Nations University to foster...
15 July 2024 6:57 AM GMT
Sonipat, 15 July: O.P. Jindal Global University (JGU) and the United Nations University (UNU), Japan, have signed a Memorandum of Understanding (MoU) to establish ties of friendship and cooperation in the areas of higher education and research. The landmark agreement symbolises a significant step...
Business
27 establishments add 30,000 employees, over Rs 1,688 cr to EPFO fund in 2 years
15 July 2024 6:42 AM GMT
New Delhi, July 14: The Centre on Sunday said that 27 establishments have surrendered their exemption in the last two years, adding about 30,000 employees and an amount of Rs 1688.82 crore to the Fund under the Employees' Provident Fund Organisation (EPFO).These establishments prefer to let EPFO...
Business
Zoho opens first factory to assemble Karuvi power tools in rural India: CEO
13 July 2024 7:00 AM GMT
New Delhi, July 13: Sridhar Vembu, CEO and Co-founder of Cloud software major Zoho, on Saturday said the company has opened its first dedicated factory to assemble the Karuvi line of power tools. The company, situated in Tenkasi district in Tamil Nadu, last month announced to invest an undisclosed...
Business
Union Budget: Nithin Kamath on how India can create more startup entrepreneurs
13 July 2024 6:59 AM GMT
New Delhi, July 12: As the Union Budget 2024-2025 approaches, Zerodha Co-founder and CEO Nithin Kamath on Friday shared his thoughts on how the country can create more entrepreneurs from small towns and villages by making startup investing mainstream. According to him, part of the solution is to do...
Business
Centre launches Rs 750 crore fund for tech startups to boost agriculture
13 July 2024 6:50 AM GMT
Mumbai, July 12: The Ministry of Agriculture and Farmers’ Welfare in collaboration with the National Bank for Agriculture and Rural Development (NABARD) on Friday launched a Rs 750 crore ‘Agri Sure’ fund for startups to promote investment in innovative, technology driven and high impact activities...
Business
Vizhinjam Port to help put India on top of global maritime map: Sarbananda...
13 July 2024 6:36 AM GMT
Kolkata, July 12: Congratulating the Adani Group for their commitment and perseverance for developing a world-class port in Kerala, Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, said that the performance of Vizhinjam Port will set a new benchmark, helping position the country...
Business
Indian Railways adds 92 general coaches in 46 trains to ‘benefit’ common man
13 July 2024 6:34 AM GMT
New Delhi, July 12: In order to provide “convenience” to the general category passengers, Indian Railways has expanded the number of coaches in 46 important long-distance trains, by installing 92 new general category coaches in them, the Ministry of Railways said on Friday.The trains in which...
Business
Two lakh jobs in next five years in hospitality sector: Goa CM
12 July 2024 7:11 AM GMT
Panji, July 11: Goa Chief Minister, Pramod Sawant on Thursday stated that two lakh jobs would be created in the hospitality sector in the next five years and urged youths to take the opportunity. He was speaking during the ‘World Youth Skill Day’ programme in north Goa. CM Sawant said that Goa being...
Business
Union Agriculture Minister calls for concerted efforts to hike production of...
12 July 2024 7:09 AM GMT
New Delhi, July 11: Union Minister of Agriculture and Farmers Welfare Shivraj Singh Chouhan on Wednesday reviewed the progress in the sowing of the country’s kharif crops and directed officials to step up efforts to enhance the production of pulses. As part of the goal to achieve self-sufficiency in...
Business
Agriculture Leadership Awards 2024: Nagaland adjudged best in horticulture
12 July 2024 7:08 AM GMT
Kohima, July 11: Nagaland has been adjudged as the best state in horticulture, officials said here on Thursday. A Nagaland government official said that the prestigious Agriculture Leadership Awards 2024 adjudged the state as best in horticulture for its outstanding work in introducing innovative...
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