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Business
Govt e-marketplace launches 170 seed categories to speed up supply to farmers
4 Nov 2024 2:36 PM IST
New Delhi, Nov 4: The Government e-Marketplace (GeM) on Monday said it has revamped and introduced 170 seed categories on the portal to simplify access to quality agricultural and horticulture seeds for farmers. “Created ahead of the upcoming cropping season, the newly populated categories feature...
Business
Niva Bupa’s IPO to open on Thursday, price band fixed at Rs 70-Rs 74
4 Nov 2024 2:35 PM IST
Mumbai, Nov 4: Niva Bupa Health Insurance Company on Monday said it has fixed the price band of Rs 70-Rs 74 per equity share of face value Rs 10 each for its maiden initial public offer (IPO). The IPO will open on Thursday for subscription and close on Monday. Investors can bid for a minimum of 200...
Business
India's power consumption rises amid strong growth
2 Nov 2024 1:33 PM IST
New Delhi, Nov 2: India's power consumption increased to 140.47 billion units (BU) in October, which is a one per cent increase over the high base of the same month last year during which an over 22 per cent jump was recorded, according to the latest official data. Power consumption had shot up to...
Business
Samvat 2081 offers investors remarkable chance to reshape their financial...
2 Nov 2024 1:29 PM IST
Mumbai, Nov 2: As the Indian stock markets embrace Samvat 2081, investors have a remarkable chance to reshape their financial journey amid a dynamic and evolving market, experts said on Saturday. This period, steeped in tradition and the promise of prosperity, is an ideal time to reassess investment...
Business
Muhurat trading signifies positive investor sentiment for Indian markets
2 Nov 2024 12:58 PM IST
New Delhi, Nov 2 The Indian benchmark indices exhibited initial signs of a positive reversal this week, coinciding with the festive season. According to market experts, the upward trend was bolstered by sustained healthy inflows from domestic institutions and a decline in oil prices. However, the...
Business
India clocks robust growth in key mineral production in FY25 first half
1 Nov 2024 2:22 PM IST
New Delhi, Nov 1: The government on Friday said that the production of key minerals in the country has continued to witness strong growth during the first half of the current fiscal (FY25), with iron ore leading the pack. The FY25 growth follows record production levels in the last fiscal (FY24),...
Business
Apple sets all time revenue record in India, to open 4 new retail stores: Tim...
1 Nov 2024 2:19 PM IST
New Delhi, Nov 1: Apple, which clocked an all-time revenue record in India in the September quarter, is set to open four more own branded retail stores in India, the tech giant’s CEO Tim Cook has said. Apple reported revenue of $94.9 billion in the July-September period, a September quarter record...
Business
Piyush Goyal urges global investors to seize emerging opportunities in India
1 Nov 2024 2:14 PM IST
New Delhi, Nov 1: Union Commerce and Industry Minister Piyush Goyal has urged global investors to seize emerging opportunities in India, particularly in high growth sectors such as artificial intelligence (AI), renewable energy, digital infrastructure and advanced manufacturing, it was announced on...
Business
60 pc gold reserves held domestically, up over 102 tonnes in April-Sep: RBI data
30 Oct 2024 1:23 PM IST
New Delhi, Oct 30: As gold prices continue to surge amid geo-political tensions, the Reserve Bank of India (RBI) had 854.73 metric tonnes of gold as of September 30 and out of which, 510.46 metric tonnes were held domestically. Gold held domestically surged more than 102 tonnes between April and...
Business
Andhra Minister seeks support of Pepsico’s ex-CEO to build brand AP
30 Oct 2024 1:20 PM IST
Amaravati, Oct 30: Andhra Pradesh Minister for IT and Electronics, Nara Lokesh has requested former Chief Executive Officer (CEO) of Pepsico Indra Nooyi to help build brand Andhra Pradesh. Lokesh, who is currently on a visit to the United States, had a meeting with her on the campus of the IT Survey...
Business
South Korea seeks close supply chain ties with US regardless of election outcome
29 Oct 2024 1:18 PM IST
Seoul, Oct 29: South Korea will continue to pursue close supply chain cooperation with the United States regardless of the outcome of the upcoming US presidential election, the trade minister said on Tuesday. Trade Minister Cheong In-kyo made the statement during a meeting with experts to prepare...
Business
TATA-Airbus facility to bolster India’s journey toward Atmanirbharta in defence:...
29 Oct 2024 1:13 PM IST
New Delhi, Oct 29: The inauguration of the TATA Aircraft Complex in Gujarat's Vadodara to manufacture C-295 military transport aircraft marks a key milestone in India’s journey toward Atmanirbharta in defence, as the country reached Rs 1.27 lakh crore in domestic defence production in FY24, the...
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