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India takes lead in 6G after record 5G roll out: Experts
Business

India takes lead in 6G after record 5G roll out: Experts

Mumbai, Oct 18: After a successful 5G roll out, the country is now taking lead in 6G as the ‘Digital India’ initiative transforms the economy, with the Jan Dhan, Aadhaar and Mobile (JAM) trinity emerging as a solid foundation block, experts said here on Friday. Sumnesh Joshi, Deputy Director...
Stock market trades low on weak global cues, geopolitical sentiments
Business

Stock market trades low on weak global cues, geopolitical sentiments

Mumbai, Oct 18: The Indian stock market again opened in the red on Friday amid growing geopolitical tensions between Iran and Israel and weak global cues. In early trade, selling was seen in the Information Technology (IT), auto, pharma and Public Sector Undertaking (PSU) bank sectors. The Sensex...
India’s content creation market to reach $480 billion by 2035: Minister
Business

India’s content creation market to reach $480 billion by 2035: Minister

New Delhi, Oct 18: India is poised to become the content creation capital of the world, with the market projected to grow from the current $30 billion to $480 billion by 2035, Union Minister for Communications Jyotiraditya Scindia has said. Addressing a panel discussion during the ‘India Mobile...
Nestle India
Business

Nestle India's net profit falls to Rs 899 cr in Q2, Manish Tiwary appointed new...

New Delhi, Oct 17: Nestle India's net profit fell marginally to Rs 899 crore in the second quarter (Q2) this fiscal, from Rs 908 crore in the corresponding quarter of the previous year, according to the company’s quarterly financial results on Thursday. The FMCG company reported revenue from...
India’s readymade garment exports surge despite global headwinds: AEPC
Business

India’s readymade garment exports surge despite global headwinds: AEPC

New Delhi, Oct 17: India’s readymade garment (RMG) exports recorded high growth of 17.3 per cent despite global headwinds and continued inflationary pressure, the Apparel Export Promotion Council (AEPC) said on Thursday. The RMG export growth in India comes as even major apparel exporting countries...
Alternative fuels can drastically cut logistics costs, air pollution: Nitin Gadkari
Business

Alternative fuels can drastically cut logistics costs, air pollution: Nitin...

New Delhi, Oct 17: Highlighting the importance of biofuels in achieving energy independence while tackling air pollution caused by stubble burning, Union Minister of Road Transport and Highways, Nitin Gadkari, said on Thursday that the logistics costs in the country can be drastically reduced by...
Centre asks Ola to offer choices in refund options to consumers
Business

Centre asks Ola to offer choices in refund options to consumers

New Delhi, Oct. 13: The government on Sunday directed Bhavish Aggarwal-run Ola to implement a mechanism allowing consumers to choose their preferred method of refund, and to provide consumers with a bill or receipt or invoice for all auto rides booked through its platform. The Central Consumer...
Prashant Ruia unveils plans for the world’s first decarbonised green refinery
Business

Prashant Ruia unveils plans for the world’s first decarbonised green refinery

New Delhi, Oct 9: Essar is on the path to becoming the world’s first decarbonised green refinery in the UK, as highlighted by Prashant Ruia, Director of Essar Capital, at the Financial Times Energy Transition Summit 2024 in Delhi on October 8. During the keynote interview, Essar's ambitious...
Inflation for FY25 projected at 4.5 pc, food inflation to drop later in year: RBI Governor
Business

Inflation for FY25 projected at 4.5 pc, food inflation to drop later in year:...

New Delhi, Oct 9: Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday said that retail inflation for the current fiscal (FY25) is projected at 4.5 per cent due to healthy monsoon and sound supply conditions. Addressing the Monetary Policy Committee (MPC) meeting here, Das said that...
Rising consumption, robust investment demand to boost India
Business

Rising consumption, robust investment demand to boost India's GDP: Shaktikanta...

New Delhi, Oct 9: Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday said the real GDP for FY25 is estimated to be 7.2 per cent, which is in line with global projections amid strong fundamentals, rising consumption and robust investment sentiment in the country. Das estimated real GDP...
Ola, Uber provide zero working conditions for gig workers: Report
Business

Ola, Uber provide zero working conditions for gig workers: Report

New Delhi, Oct 9: Ride-hailing companies Ola and Uber, along with logistics firm Porter, provide zero working conditions for gig workers, according to a report on Tuesday. The report by Bengaluru-based Fairwork India underscores labour standards within India's platform economy and emphasises the...
US jury claims Cognizant discriminated against non-Indian workers, firm to appeal
Business

US jury claims Cognizant discriminated against non-Indian workers, firm to...

San Francisco, Oct 8: A jury at a district court in the US has found that tech major Cognizant allegedly discriminated against non-Indian workers in the Silicon Valley, asking for punitive damages against the company. According to multiple reports, the jury verdict against Cognizant came in a class...
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