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India, Qatar hold talks on bolstering economic ties
Business

India, Qatar hold talks on bolstering economic ties

New Delhi, June 6: The first meeting of the Joint Task Force on Investment (JTFI) between India and Qatar held here on Thursday reaffirmed the commitment of both the nations to strengthen bilateral economic relations.The joint task force was co-chaired by Ajay Seth, Secretary, Department of Economic...
RBI Governor warns banks, NBFCs over slapping extra fees on customers
Business

RBI Governor warns banks, NBFCs over slapping extra fees on customers

Mumbai, June 7: RBI Governor Shaktikanta Das on Friday sent a clear message to banks and NBFCs against charging extra fees and high interest rates on loans to customers.In general, we have observed that guidelines on Key Facts Statement are followed, but a few banks and NBFCs still charge fees, etc....
Adani One partners with Cleartrip to provide users bus travel options
Business

Adani One partners with Cleartrip to provide users bus travel options

New Delhi, June 7: Adani One on Friday said that it partnered with Flipkart owned online travel aggregator Cleartrip to enhance the travel experience for its users by providing the widest range of bus travel options at competitive fares.Cleartrip will provide Adani One user access to more than three...
India’s economic fundamentals, growth prospects remain encouraging: Analysts
Business

India’s economic fundamentals, growth prospects remain encouraging: Analysts

New Delhi, June 6: With the new government set to take oath under the leadership of Prime Minister Narendra Modi, top global brokerage firms and market analysts said on Thursday that India’s economic fundamentals remain strong and the country's growth prospects, inflation dynamics, current account...
Railways rushes more coal to power plants to meet peak summer demand
Business

Railways rushes more coal to power plants to meet peak summer demand

New Delhi, June 6: Indian Railways transported 9.3 percent more coal in May this year compared to the same month last year to help the country’s power plants meet the peak demand for electricity in the scorching summer from power plants, official data shows.Coal stocks at thermal power plants have...
Domestic air passenger traffic surges in May 2024: ICRA report
Business

Domestic air passenger traffic surges in May 2024: ICRA report

New Delhi, June 6: Domestic air passenger traffic in India saw a notable increase in May, reaching approximately 138.9 lakh passengers, marking a 5.2 percent rise from April's 132.0 lakh passengers, according to a recent report by ICRA, a leading credit rating agency.This figure represents a 5.1...
Global investment in clean energy at $2 trillion is twice that of fossil fuels in 2024: IEA
Business

Global investment in clean energy at $2 trillion is twice that of fossil fuels...

New Delhi, June 6: Despite pressures on financing, global investment in clean energy is set to reach almost double the amount going to fossil fuels in 2024, helped by improving supply chains and lower costs for clean technologies, according to a new IEA report, released on Thursday.Total energy...
Time to position India as creator of global brands: Industry
Business

Time to position India as creator of global brands: Industry

New Delhi, June 6: Policies of the incumbent government have added significant thrust to economic development as well as fast tracked infrastructure development, and the time now is to position India as a creator of global brands, industry experts said on Thursday.The last 10 years have ensured...
Sensex jumps over 1,200 points as India VIX crashes 27 pc
Business

Sensex jumps over 1,200 points as India VIX crashes 27 pc

New Delhi, June 5: Indian equity indices were in the green on Wednesday as India VIX crashed 27 percent. At noon, Sensex was up 1,281 points or 1.75 percent, at 73,360, with an intraday high of 73,851. Nifty was up 392 points or 1.79 percent at 22,277, with an intraday high of 22,445. India VIX or...
What next for investors as stock markets remain volatile
Business

What next for investors as stock markets remain volatile

New Delhi, June 5: Investors are concerned about the stock markets due to the unexpected outcome of the Lok Sabha results which caused a steep fall in the Indian equity benchmarks on June 4.According to market experts, there may be volatility in the coming days but the market will give positive...
Adani Defence and Aerospace celebrates World Environment Day by planting saplings
Business

Adani Defence and Aerospace celebrates World Environment Day by planting...

New Delhi, June 5: Employees at the Adani Defence and Aerospace on Wednesday planted several tree saplings on the occasion of World Environment Day. World Environment Day is observed every year on June 5 to raise awareness about climate change and also take action on pressing environmental issues....
Zoho invests in 2 Indian manufacturing startups to create jobs in rural areas
Business

Zoho invests in 2 Indian manufacturing startups to create jobs in rural areas

New Delhi, June 1: Cloud software major Zoho on Saturday said it has invested an undisclosed amount in manufacturing startups Karuvi and Yali Aerospace which would create jobs in smaller towns and villages. The investments, said the company, are part of its ongoing efforts to build deep tech know...
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