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Australian envoy to India discusses future collaborations with Gautam Adani
Business

Australian envoy to India discusses future collaborations with Gautam Adani

New Delhi: Australia's High Commissioner to India, Philip Green, on Friday said he met Adani Group's Founder and Chairman, Gautam Adani, and had a detailed discussion that not only focused on existing investments but also future collaborations in various fields like renewable energy and...
Gold prices soar to new high for seventh day in a row
Business

Gold prices soar to new high for seventh day in a row

New Delhi, April 4: Gold prices, on Thursday, soared to a new lifetime high of Rs 69,908 per 10 gm on India’s Multi Commodity Exchange (MCX) after the price of the precious metal scaled a new all-time high in the international market for the seventh consecutive trading day. Gold futures contract...
Power Ministry sets up panel for monitoring thermal power projects
Business

Power Ministry sets up panel for monitoring thermal power projects

Mumbai, April 3: The Union Power Ministry has constituted an independent Thermal Project Monitoring Group (TPMG) for the monitoring and execution of thermal power projects that are under implementation. Headed by the Central Electricity Authority’s (CEA) Member (Thermal), the group comprises the...
India records robust growth in mineral production for 2023-24
Business

India records robust growth in mineral production for 2023-24

New Delhi, April 3: India’s index of mineral production for February 2024 rose to 139.6, which is 8 percent higher compared to the level recorded in February 2023. The cumulative growth of this index for the 11 month period of April-February of FY24 over the corresponding period of the previous...
PFC pays record interim dividend of Rs 3,630 cr for 2023-24
Business

PFC pays record interim dividend of Rs 3,630 cr for 2023-24

New Delhi, April 3: The Power Finance Corporation (PFC), a Maharatna Central Public Sector Enterprise, paid Rs 554 crore as the third interim dividend to the government on Wednesday for the financial year 2023-24. This is in addition to the first interim dividend of Rs 832 crore and the second...
Govt allows additional 10,000 tonnes of onion exports to UAE
Business

Govt allows additional 10,000 tonnes of onion exports to UAE

New Delhi, April 3: The government has allowed the export of an additional 10,000 tonnes of onion to the UAE, through the National Cooperative Exports Ltd (NCEL), as a friendly gesture at a time when the Eid festival is approaching. The order, issued by the Directorate General of Foreign Trade...
FLY91 ties up with IBS Software for commercial operations
Business

FLY91 ties up with IBS Software for commercial operations

Thiruvananthapuram: FLY91, the country’s youngest regional airline, has partnered with IBS Software to power its commercial operations. IBS Software headquartered at the Techno park here provides IT solutions to numerous airlines, and FLY91 is the latest to use its reservation package. IBS...
Adani Green Energy becomes India
Business

Adani Green Energy becomes India's 1st to surpass 10,000 MW renewable energy...

Ahmedabad, April 3: In a first for the country, Adani Green Energy Limited (AGEL) on Wednesday said it has surpassed 10,000 megawatts (MW) of operational portfolio, delivering reliable, affordable and clean power to the national grid. AGEL’s 10,934 MW operational portfolio will power more than...
J&K
Business

J&K's Gulmarg Gondola cable car project earns record Rs 110 cr in FY 2023-24

Srinagar, April 3: Breaking all previous records, the Gulmarg ski resort Gondola cable car project has earned a revenue of Rs 110 crore in FY 2023-2024 ferrying over a million tourists and locals. As a result of the remarkable tourist footfall and because of it being the main attraction for...
Mumbai’s JN Port records highest ever container throughput
Business

Mumbai’s JN Port records highest ever container throughput

New Delhi, April 3: Jawaharlal Nehru Port Authority (JNPA), Mumbai, one of the leading container-handling ports in the country, has recorded its highest ever throughput of 6.43 million TEUs (twenty-foot equivalent unit) in the fiscal year 2023-24, which represents a 6.27 per cent increase over the...
Gold price surges to record high
Business

Gold price surges to record high

New Delhi, April 3: Gold price in India hit a record high Rs 69, 640 per 10 grams on MCX on Wednesday tracking a sharp increase in international prices of the precious metal, driven by the high safe-haven demand amid escalating geopolitical tensions in Central Asia and the Russia Ukraine war. In...
SJVN Ltd ropes in IIT Patna to speed up work on tunneling projects
Business

SJVN Ltd ropes in IIT Patna to speed up work on tunneling projects

New Delhi, April 3: Hydroelectric power major SJVN Limited has signed a memorandum of understanding (MoU) with the Indian Institute of Technology (IIT) Patna to use advanced geological models in the company’s tunneling projects in order to reduce time and cost overruns, according to an official...
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