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Indian jewellery sector revenue shoots up by over Rs 1 lakh crore in 5 years: Report
Business

Indian jewellery sector revenue shoots up by over Rs 1 lakh crore in 5 years:...

Mumbai, June 21: India's jewellery retail sector has recorded rapid growth in the last five years surging from Rs 5,04, 400 crore in 2019 to 6,40,000 crore in 2024 on the back of rising incomes in the economy and greater trust in the products due to hallmarking, according to a Motilal Oswal report....
9 Indian ports make it to World Bank
Business

9 Indian ports make it to World Bank's Global Top 100 list

New Delhi, June 19: In a major achievement, as many as 9 Indian ports have made it to the Global Top 100 in the latest edition of the Container Port Performance Index (CPPI), 2023, prepared by the World Bank and S&P Global Marketing Intelligence. Visakhapatnam Port has showcased strong...
Probe into imported Toyota, Yamaha models over fraudulent Japanese testing
Business

Probe into imported Toyota, Yamaha models over fraudulent Japanese testing

Seoul, June 20: The South Korean government said on Thursday it has carried out a probe into some imported vehicles made by Japanese automakers Toyota Motor Corp. and Yamaha Motor Co. in connection with their improper certification tests in their home country. Seoul's Ministry of Land,...
India
Business

India's efforts in energy transition can be replicated by others: WEF

New Delhi, June 20: The World Economic Forum has lauded India's progress in global energy transition, observing that the country "is leading the way in creating outcomes that can be replicated elsewhere". "While innovation growth has slowed, countries like China and India are leading in developing...
India becomes third-largest domestic airline market
Business

India becomes third-largest domestic airline market

New Delhi, June 20: Driven by robust growth in the aviation sector in the last decade, India is now the third-largest domestic airline market in the world, up from 5th position 10 years ago. Ten years ago, India was the smallest market with around 8 million seats, followed by Indonesia at 4th and...
India to make huge progress on back of young population, rapid development: NSE CEO
Business

India to make huge progress on back of young population, rapid development: NSE...

Mumbai, June 20: Riding on a young talented population, rapid technological developments and overall economic growth, India will be able to generate more wealth in comparison to other countries in years to come, Ashish Kumar Chauhan, Managing Director and CEO of National Stock Exchange (NSE)...
US regulators accuse TikTok of violating child privacy laws
Business

US regulators accuse TikTok of violating child privacy laws

Washington, June 19: The US Federal Trade Commission (FTC) has referred a complaint against the popular video sharing app TikTok and its Chinese parent company ByteDance to the Department of Justice, alleging that they failed to protect the privacy of children. The FTC said in a statement that it...
Centre plans to revamp PLI schemes to boost MSME sector
Business

Centre plans to revamp PLI schemes to boost MSME sector

New Delhi, June 19: The government is planning to revamp the production linked incentives (PLIs) by relaxing the norms for releasing funds, including more sectors under the scheme, and extending benefits to MSMEs (micro, small and medium enterprises) in labour intensive sectors through special carve...
Mesabi Metallics appoints Joe Broking as President and CEO
Business

Mesabi Metallics appoints Joe Broking as President and CEO

Mumbai, June 19: Mesabi Metallics Co. LLC has announced the appointment of Joe Broking as the President and Chief Executive Officer of the company. “Mesabi Metallics is at a new and exciting stage in its development where we are bringing in dozens of employees, managers and leaders in human...
Gautam Adani lists 3 key areas in building robust national infrastructure
Business

Gautam Adani lists 3 key areas in building robust national infrastructure

Mumbai, June 19: Gautam Adani, the Chairman of the Adani Group, on Wednesday, listed three key areas which will further help the national infrastructure grow in years to come, driving the country to realise its goal of becoming a $30 trillion economy by 2050.According to Gautam Adani, touted as 'The...
Sensex, Nifty hit new all-time high on strong global cues
Business

Sensex, Nifty hit new all-time high on strong global cues

Mumbai, June 18: Indian equity frontline indices opened in green on Tuesday following positive global cues. In the early trade, Sensex and Nifty made a new all-time high of 77,326 and 23,573 respectively.At 9:45 a.m., Sensex was at 77,315, up 322 points or 0.42 per cent, and Nifty was up 94 points...
India
Business

India's pharma exports clock double-digit growth amid surging demand in US, UK

New Delhi, June 18: India’s pharmaceutical exports continue to register double-digit growth, reflecting the strong demand for the country’s affordable generic medicines in global markets led by the USA and UK.India’s pharma exports grew by 10.45 per cent in May this year to touch the $2.3 billion...
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