India’s service activity growth in April among fastest in 14 years: PMI
India’s services sector growth eased slightly in April but growth of new business and output remained sharp and among the fastest in 14 years amid favourable economic conditions and strong demand, a monthly survey said on Monday. The seasonally adjusted HSBC India Services Business Activity Index fell from 61.2 in March...
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Indian airlines to have 50 pc market share in international passenger traffic by FY'28: CRISIL
06 May 2024 | PTI -
One97 Communications shares decline 5 pc; hit lower circuit limit
06 May 2024 | PTI -
Thermal power plants have 68 per cent of normative coal stocks
06 May 2024 | PTI -
LG gears up for All India K-POP Contest 2024
06 May 2024 | Pioneer News Service -
India has unexplored opportunities: Warren Buffett
06 May 2024 | PTI -
Home loan outstanding reaches Rs 27 lakh crore in March: RBI
06 May 2024 | PTI -
UPSIDA revenue in FY24 hits record Rs 1,359 crore
06 May 2024 | PTI
Mahindra Finance reports 10 per cent drop in Q4 net profit at Rs 619 crore.
Mahindra & Mahindra Financial Services has reported a 10 per cent decline in standalone profit and tax to Rs 619 crore for the January-March quarter of 2023-24. The non-banking finance company also said that in a fact-finding assessment of the fraud in its Aizawl branch during the quarter identified 2,887 loan...
India, Ghana agree for early operationalisation of UPI system
India and Ghana are working to link their payment systems - Unified Payments Interface (UPI) and Ghana Interbank Payment and Settlement Systems (GHIPSS) respectively to permit users to make instant, low-cost fund transfers on a reciprocal basis. The two countries have also delved into discussions regarding the possibilities of a Memorandum...
India urges ADB not to overlook its focus on growth and shared prosperity
India on Sunday urged the Asian Development Bank (ADB) not to overlook its focus on reduction of remaining poverty while promoting sustainable growth for the member nations in the Asia Pacific region. Making intervention at the Board of Governors Business Session at the 57th Annual Meeting of ADB, India’s Temporary Alternate...
States should support decarbonisation of aluminum industries: Study
States should support the decarbonisation of aluminium industries by waiving or reducing open access charges for renewable power, a study has said. Open access charges are levied by power distribution companies (discoms) on those consumers which buy electricity from any other source. State governments should also prioritise giving right of way to...
Indian EV startup makes offer to interns spurned by Elon Musk
Bengaluru-based electric vehicle startup Pravaig Dynamics has made offers to Tesla interns, who saw their offers getting revoked weeks before their start date, inviting them to join the Silicon Valley of India that will recognize and appreciate their talents. Tech billionaire Elon Musk's latest cost-cutting victims are summer interns with his...
Paper industry urges Government to allot degraded land for pulpwood plantation
The Indian paper industry has urged the government to provide degraded land on a long-term lease to paper mills for pulpwood plantation to address raw material shortage and boost rural employment. The industry has highlighted that a large chunk of degraded land is available in the country, and even if a...
Business brief
Dr Acharya takes NSIC CMD charge Dr. Subhransu Sekhar Acharya took over the charge of Chairman- cum- Managing Director (CMD), The National Small Industries Corporation Ltd. on May 2, 2024. Prior to his present assignment, Dr. Acharya was the Chief General Manager, Small Industries Development Bank of India (SIDBI), New Delhi....
