Jan 31, 2023, at 10:49 pm
New Delhi: Elaborating on success story of India’s National Covid-19 Vaccination Programme, the Economic Survey 2022-23, tabled by Union Minister of Finance and Corporate Affairs Nirmala Sitharaman, says that as on 6 January 2023, India has been able to administer more than 220 crore Covid vaccine doses across the country.
Overall Gross Value Added moves up by 3.7 pct in first half of FY23: Economic Survey
Jan 31, 2023, at 10:39 pm
New Delhi: The Overall Gross Value Added (GVA) by the Industrial Sector rose 3.7 per cent, based on data available for the first half of the FY23, which is higher than the average growth of 2.8 per cent achieved in H1 of the last decade, stated the Economic Survey 2022-23 presented by the Union Minister for Finance & Corporate Affairs Nirmala Sitharaman in Parliament on Tuesday.
Jan 31, 2023, at 10:17 pm
New Delhi: While the role of traditional infrastructure has been well recognised, in recent years, the role of digital infrastructure in socio-economic development of the country has assumed an increased importance, revealed the Economic Survey.
Indian stock markets outperform peers in FY 2022-23: Economic Survey
Jan 31, 2023, at 10:03 pm
New Delhi: Economic Survey 2022-2023 highlights buoyant performance of the Indian capital markets in the past year, driven by increased contribution of Small & Medium Enterprises (SMEs) and greater participation of domestic institutional and retail investors.
Rs 5 cr in Capex budget to transform Jammu University into sports hub
Jan 31, 2023, at 09:50 pm
Jammu: Already excelling in the field of academics, the University of Jammu with international standard infrastructure in the making, with an upcoming Rs 5 crore in the Capex budget for the year 2023-24 is all set to transform the institution into a hub of sports.
Cleaner balance sheets lead to enhanced lending by financial institutions: Economic Survey
Jan 31, 2023, at 09:47 pm
New Delhi: The balance sheet clean-up exercise over the last few years has enhanced the lending ability of financial institutions – seen in double-digit growth of non-food credit offtake by Scheduled Commercial Banks (SCBs) since April 2022, as per the Economic Survey 2022-2023 released on Tuesday.
India's external sector displays position of strength in spite of global headwinds: Economic Survey
Jan 31, 2023, at 08:38 pm
New Delhi: India has been able to face the headwinds to its external sector from a position of strength in the back of strong macro fundamentals and buffers, as per the Economic Survey released on Tuesday.
India to witness GDP growth of 6 to 6.8 pct in 2023-24: Economic Survey
Jan 31, 2023, at 08:10 pm
New Delhi: India to witness GDP growth of 6.0 per cent to 6.8 per cent in 2023-24, depending on the trajectory of economic and political developments globally, as per the Economic Survey released on Tuesday.
IMF projects India is going to be world's fastest economy in 2023, global growth to drop to 2.9 pct
Jan 31, 2023, at 02:28 pm
New York: The International Monetary Fund (IMF) on Tuesday released its latest projections on world economic growth where India was seen to be growing at the rate of 6.1 per cent in 2023.
Indian Market: Sensex improves 169.51 pts
Jan 30, 2023, at 11:28 pm
Mumbai: The BSE Sensex on Monday recovered 169.51 pts to close at 59,500.41 following gains in IT, Technology and Telecommunications stocks.
Philips to scrap 6,000 jobs in its bid to improve profitability
Jan 30, 2023, at 08:35 pm
Amsterdam: Dutch health technology company Philips on Monday said it will scrap 6000 jobs to restore the company's profitability, media reports said.
Kolhapur-Sangli road to be made of cement concrete to prevent potholes: Gadkari
Jan 29, 2023, at 09:50 pm
Kolhapur: Union Road Transport and Highways Minister Nitin Gadkari Saturday said the Kokhapur-Sangli highway would be constructed of cement concrete to prevent potholes on the arterial stretch for the next 50 years.
Despite muted response from retail investors, Adani Enterprises says FPO on track
Jan 29, 2023, at 06:51 am
Mumbai: Adani Enterprises has maintained that its Rs 20,000 crore Follow on Public Offer (FPO) is well on track despite a muted response across investor categories amid a market rout in the group’s share.
Centre to increase India's exploration acreage to 1.0 million sq. km. by 2030: Hardeep Singh Puri
Jan 29, 2023, at 05:44 am
Mumbai: The government intends to increase India's exploration acreage to 0.5 million sq. km. by 2025 and 1.0 million sq. km. by 2030, Union Petroleum and Natural Gas Minister Hardeep Singh Puri said on Saturday.
Exactly How Frequently Should I Check My CIBIL Score? What's The Myth? What’s The Truth?
Jan 28, 2023, at 06:19 pm
A credit score is the numeric representation of an individual’s credibility as a borrower. Although there are various other credit scores like FICO score, Equifax score, etc., most lending institutions take a ‘good’ or ‘high’ CIBIL score as one of the eligibility parameters, especially for unsecured loans. They check the CIBIL score while approving secured loans to get an assurance that their customers will not default.
Govt's rice procurement to reach previous year's level of 592 lakh tonnes
Jan 28, 2023, at 08:09 am
New Delhi/IBNS: Centre’s rice procurement is expected to be equal to last year's level of 592 lakh tonnes in the current 2022-23 marketing year ending September, despite an estimated decline in Kharif output, media reports said.
Global economy likely to shrink but worst may be over: RBI Governor
Jan 28, 2023, at 07:49 am
New Delhi/IBNS: The global economy is likely to shrink significantly this year but the worst—both in terms of growth and inflation—appears to be over, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Friday, media reports said.
Govt to invite EoI for Rs 41,000 cr international transhipment port at Great Nicobar Island
Jan 28, 2023, at 07:45 am
New Delhi/IBNS: The Ministry of Ports, Shipping and Waterways will invite Expressions of Interest (EoI) for the development of Mega International Container Transhipment Port (ICTP) at Galathea Bay of Great Nicobar Island of Andaman and Nicobar Islands in the Bay of Bengal.
Coal India to launch M-Sand projects in a big way to focus on high-quality sand prodn
Jan 28, 2023, at 06:06 am
New Delhi/IBNS: Coal India Ltd (CIL) is looking to process the overburden rocks for sand production in mines where OB material contains about 60% sandstone by volume which is harnessed through crushing and processing of Overburden, the Ministry of Coal said on Friday.
Govt to start sale of 25 LMT wheat from Feb 1 under Open Market Sale Scheme
Jan 28, 2023, at 05:45 am
New Delhi/IBNS: Twenty-five lakh MT of wheat will be offered for sale starting from the first week of February (1st February, 2023) under Open Market Sale Scheme (Domestic) or OMSS (D), the Ministry of Consumer Affairs, Food & Public Distribution said on Friday.
MeitY Startup Hub and Meta shortlist 120 Startups and Innovators for the XR Startup Program
Jan 28, 2023, at 05:42 am
New Delhi/IBNS: MeitY Startup Hub (MSH), an initiative of the Ministry of Electronics & Information Technology (MeitY), and Meta, the owner of firms like Facebook and WhatsApp, together released the list of 120 startups and innovators for the XR Startup Program, in Delhi on Friday.
Aadhaar e-KYC transactions jump 18.53% to 84.8 cr in Q3 of FY 2022-23
Jan 28, 2023, at 05:32 am
New Delhi/IBNS: Over 84.8 crore e-KYC transactions were executed using Aadhaar in the October-December quarter (Q3) of FY 2022-23, a growth of 18.53% over the Q2 (July-Sept) of the current financial year.
After Hindenburg Research's negative report, Gautam Adani slips 4 positions on Forbes rich list
Jan 28, 2023, at 04:26 am
Mumbai: Amid a drop in the stock prices of the companies in Adani Group, its chairman Gautam Adani slipped from 3rd to 7th position on the list of the world’s richest people, as per Forbes Realtime Billionaires.
Hindenburg Research’s report impact: Adani Enterprises FPO receives muted response on day 1
Jan 28, 2023, at 03:48 am
Mumbai/IBNS: Adani Enterprises Ltd's follow-on public offer (FPO) received a bleak response across investor categories as the total issue was subscribed just 1% on Friday, data on the BSE website showed.
Maruti Suzuki to use biogas from cow dung in its carbon-neutral cars
Jan 28, 2023, at 02:34 am
Gurugram: Car manufacturer Maruti Suzuki is exploring a unique way of dealing with carbon emissions through an ambitious project in which cow dung will be used to produce biogas for usage in its carbon-neutral internal combustion engine vehicles like CNG, biogas, and ethanol, media reports said.
Indian Rupee moves up by 7 paise against USD
Jan 27, 2023, at 10:51 pm
Mumbai: The Rupee on Friday gained seven paise to close at 81.52 on selling of US Dollar by bankers and importers, dealers at the Foreign Exchange said.
Toyota Kirloskar Motor commences bookings for New Innova Crysta
Jan 27, 2023, at 09:51 pm
Bengaluru: Toyota Kirloskar Motor (TKM) on Friday announced opening of bookings for its New Innova Crysta.
Jan 27, 2023, at 04:45 pm
Mumbai/UNI: The BSE Sensex on Friday dropped 507.26 points below 60,000 at 59,697.80 in opening trade on weak global peers.
Rupee slips 7 paise against USD
Jan 27, 2023, at 04:24 pm
Mumbai/UNI: The Rupee on Friday slipped 7 paise at 81.65 in the opening trade against the US Dollar on rising demand for US Dollars by bankers and importers, dealers at Foreign Exchange said.
Adani Group to sue USA's Hindenburg Research for 'malafide, mischievous' report
Jan 27, 2023, at 12:59 am
Mumbai/IBNS: The Adani Group is planning to take US-based investment research firm Hindenburg Research to court for a "malafide and mischievous" report published before the Indian firm’s Rs 20,000 crore follow-on public offer (FPO) pulled down Adani Group stocks by up to 10% on Wednesday.