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Asia Pacific emerges as largest market for solar photovoltaic, India a bright...

New Delhi, May 31: The Asia Pacific (APAC) region has emerged as the largest market for solar photovoltaic (PV) and wind installed capacity, boasting 1.18 TW and 0.67 TW in 2024, respectively, according to a new report.Solar PV systems are poised to spearhead new investments, outpacing both onshore...
Providing service to taxpayers is duty of tax officials: FM Sitharaman
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Providing service to taxpayers is duty of tax officials: FM Sitharaman

Union Finance Minister Nirmala Sitharaman on Saturday highlighted that it was the duty of tax department officials to serve taxpayers and they should undertake this task with “transparency and integrity.”
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ETFs inflow drive 170% jump in gold investment globally in Jan-March

New Delhi, May 30: The gold investment demand saw a dramatic 170 per cent rise (year-on-year) in the January-March quarter, driven by a strong rebound in gold ETF inflows, particularly in India, Europe and Asia, a report showed on Friday.According to Motilal Oswal Private Wealth’s ‘May Alpha...
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Finance Ministry urges RBI to exclude small borrowers from new gold loan norms

New Delhi, May 30: The Finance Ministry said on Friday it has suggested that the Reserve Bank of India (RBI) should exclude small borrowers of up to Rs 2 lakh from the provisions of its draft directions on lending against gold collateral. The Finance Ministry has also suggested that the...
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India’s food production surges to record high of 354 million tonnes in 2024-25

New Delhi, May 29: India’s foodgrain production is estimated to have reached 354 million tonnes in 2024-25, which is 6.6 per cent higher than last year’s (2023-24) production of 332 million tonnes, according to the third advance estimates.The estimates are based on all major crops, including...
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Global economic outlook worsens but India seen as growth driver: WEF report

The global economic outlook has worsened since the start of the year, as rising economic nationalism and tariff volatility fuel uncertainty, but South Asia, led by India, is seen as a growth driver, according to the latest World Economic Forum (WEF) report
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TRAI launches consultation paper on assignment of more microwave spectrum

The Telecom Regulatory Authority of India (TRAI) on Wednesday released a consultation paper on the assignment of the microwave spectrum in 6 GHz (lower), 7 GHz, 13 GHz, 15 GHz, 18 GHz, 21 GHz Bands, E-Band and V-Band
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iPhone exports from India to US surge 76% at 3 million units in April

New Delhi, May 28: As Apple ramps up its India manufacturing plans, iPhone exports from the country to the US surged 76 per cent (year-on-year) in April, according to a new report.According to latest estimates by market research firm Omdia, nearly 3 million ‘India-made’ iPhones were shipped to...
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Business

India’s data centre capacity to cross 4,500 MW by 2030 with $20-25 bn...

India’s data centre (DC) market capacity across top seven cities is expected to cross 4,500 MW by 2030, attracting investments to the tune of $20-25 billion the next 5-6 years, a report showed on Wednesday
India’s fintech firms empowering merchants and MSMEs: FM Sitharaman
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India’s fintech firms empowering merchants and MSMEs: FM Sitharaman

New Delhi, May 27: Union Finance Minister Nirmala Sitharaman on Tuesday said India’s fintech companies are helping the country's digital public infrastructure (DPI) expand further and empower merchants and micro, small and medium enterprises (MSMEs).FM Sitharaman visited the office of Pine Labs, a...
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Bengaluru storms into top 12 global tech powerhouses: Report

New Delhi, May 27: Bengaluru has been ranked among the top 12 global tech powerhouses, alongside leading markets in the US, according to a report released on Tuesday.The report by by real estate consulting firm CBRE stated that Bengaluru is the largest tech talent market in the Asia-Pacific region,...
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India pips China as top investment country for global family offices

Global family offices are most likely to increase their exposure in their investment portfolios to India and China over the next 12 months and India has scored far better on the list, according to the '2025 Global Family Office'
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