West Bengal’s 2024 economy: Story of growth amid challenges
West Bengal’s economic narrative in 2024 was one of striking contrasts - steady growth and fresh investments juxtaposed with fiscal concerns and a worrying trend of industry flight from a perceptively “non-investor friendly” state. The state demonstrated a significant economic expansion outlook, with its Gross State Domestic Product (GSDP) projected to...
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Rupee plunges 12 paise to close at 85.27 against US dollar
27 December 2024 | PTI -
RBI sets up eight-member panel on ethical use of AI
27 December 2024 | PTI -
Markets surge in early trade on buying in blue-chip bank stocks
26 December 2024 | PTI -
GoMechanic eyes over 3-fold business growth by 2027
26 December 2024 | PTI -
Swan ties up with AG&P for India FSRU
26 December 2024 | PTI -
Ola Electric expands pan-India network
26 December 2024 | PTI -
Cement industry looks for better growth in 2025
26 December 2024 | PTI
Government extends duty-free import of yellow peas
The government has extended the import of yellow peas without duty and MIP (minimum import price) till February next year. However, the imports are subjected to registration under online Import Monitoring System, with immediate effect, for all import consignments where Bill of Lading (Shipped on Board) is issued on or before...
BPCL picks Andhra Pradesh for India's last greenfield refinery project
State-owned Bharat Petroleum Corporation Ltd (BPCL) has picked Andhra Pradesh for setting up a new oil refinery-cum-petrochemical complex, which may be the last greenfield project in India which has detailed a very ambitious energy transition plan to net zero emissions. In a stock exchange filing, BPCL said its board at a...
Government committed to improve quality spending in FY26: Finmin report amid legal tussle with SEBI
The government will continue its focus on improving quality spending, strengthening the social security net and bring down the fiscal deficit to 4.5 per cent of the GDP in FY26, a finance ministry document said. Finance Minister Nirmala Sitharaman is schedule to present the Budget for 2025-26 in Parliament on February...
Infrastructure projects, marketing campaigns drive tourism growth in 2024
The Ministry of Tourism, Government of India, undertook several key initiatives in 2024 to boost tourism in the country. These included infrastructure development projects under Swadesh Darshan and PRASHAD schemes, promotion and marketing campaigns like "Bharat Parv" and "Dekho Apna Desh," and participation in international travel fairs to showcase India's...
Energy sector roadmap prepared for next 25 years: Fadnavis
Maharashtra Chief Minister Devendra Fadnavis on Wednesday said his government has prepared a roadmap for the state's energy sector for the next 25 years. The state government plans to provide solar energy facility for houses provided to the poor people under various schemes, he said at a 'meet-the-press' programme here. In the...
Govt committed to improve quality spending, cut fiscal deficit to 4.5 pc in FY26: Finmin report
The government will continue its focus on improving quality spending, strengthening the social security net and bring down the fiscal deficit to 4.5 per cent of the GDP in FY26, a finance ministry document said. Finance Minister Nirmala Sitharaman is schedule to present the Budget for 2025-26 in Parliament on February...
Indian IT hiring: 2025 promises rebound, AI/data science roles to dominate job market
Indian IT hiring landscape is at a pivotal juncture as it transitions from a year of decline towards a more hopeful future. The focus on specialised skills, particularly in AI and data science, combined with geographical shifts towards Tier 2 cities, indicates a transformation within the sector. While the IT hiring...