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MSTC launches e-marketplace with new corporate office in Delhi Union Minister for Steel and Heavy Industries H.D. Kumaraswamy inaugurated the new corporate office of MSTC Ltd at Narojinagar, World Trade Centre, in the national capital on Wednesday, along with the official launch of the Upkaran E-Portal, a major step in MSTC's digital service offerings. The newly-launched Upkaran E-Portal is a digital marketplace that will serve as a bridge between industry and innovation, supporting MSMEs and promoting transparent, efficient trade in vital sectors...
MSTC launches e-marketplace with new corporate office in Delhi
MSTC launches e-marketplace with new corporate office in Delhi
Source: IANS
2025-07-09 06:01:11 pm
Above-normal monsoon: Power demand in India falls 1.9 pc in June to 150 billion units Power demand in India fell 1.9 per cent (year-on-year) in June to 150 billion units (BUs)  declining for the second consecutive month  as above-normal monsoon rainfall lowered temperatures in most of the country, a Crisil report said on Wednesday.  India received 7 per cent excess rainfall compared with the long period average between June 1 and 25. Last monsoon, the same period had seen an 11 per cent deficit. The average market clearing price (MCP) in the real-time mark...
Above-normal monsoon: Power demand in India falls 1.9 pc in June to 150 billion units
Above-normal monsoon: Power demand in India falls 1.9 pc in June to 150 billion units
Source: IANS
2025-07-09 05:31:24 pm
Earth Intelligence a $20 billion new revenue growth opportunity by 2030 The cumulative Earth intelligence's direct revenue opportunity for technology product and service providers will reach nearly $20 billion from by 2030, a report said on Wednesday.  Earth intelligence will significantly impact every industry as it rapidly moves from government to the private sector, with annual revenue to surpass $4.2 billion in 2030, up from nearly $3.8 billion in 2025, according to Gartner. “The future of Earth intelligence will be won by the vendors tha...
Earth Intelligence a $20 billion new revenue growth opportunity by 2030
Earth Intelligence a $20 billion new revenue growth opportunity by 2030
Source: IANS
2025-07-09 05:26:25 pm
Hallmark Transforms Analytics with Xoriant: 60% TCO Reduction and Faster, Smarter Decisions Hallmark, a global leader in personal expression and lifestyle products, has successfully transformed its enterprise analytics landscape in partnership with Xoriant, a digital engineering services leader backed by ChrysCapital. Through this transformation, Hallmark has achieved a 60% reduction in total cost of ownership (TCO) while delivering faster, smarter decision-making across its operations in the US, Canada, and beyond. With growing data volumes, evolving user expectations, and a nee...
Hallmark Transforms Analytics with Xoriant: 60% TCO Reduction and Faster, Smarter Decisions
Hallmark Transforms Analytics with Xoriant: 60% TCO Reduction and Faster, Smarter Decisions
Source: PR Agency
2025-07-09 05:23:09 pm
Indian banks need enhanced assessment of interest rate impact The change in repo rate is the most reliable predictor among key banking metrics like advances, deposits, and Net Interest Income (NII) that affect lending activities, a report said on Wednesday, adding that banks need enhanced assessment of the interest rate impact.  However, it takes 12 to 24 months for the full effects of rate changes to materialise in banking performance as transmission is neither immediate nor uniform, showed a Boston Consulting Group (BCG) study. "Such p...
Indian banks need enhanced assessment of interest rate impact
Indian banks need enhanced assessment of interest rate impact
Source: IANS
2025-07-09 05:14:28 pm
PM Narendra Modi accorded 21-gun salute during ceremonial welcome in Namibia Prime Minister Narendra Modi on Wednesday was accorded a grand welcome, including a 21-gun salute, during an impressive ceremonial welcome in Windhoek as he began official engagements during his one-day trip to Namibia.  The African nation's President Netumbo Nandi-Ndaitwah, who assumed office in March this year, welcomed PM Modi before the one-on-one discussion and delegation-level talks. PM Modi had arrived in Namibia earlier in the day as part of the concluding leg of his fi...
PM Narendra Modi accorded 21-gun salute during ceremonial welcome in Namibia
PM Narendra Modi accorded 21-gun salute during ceremonial welcome in Namibia
Source: IANS
2025-07-09 05:05:36 pm
India Strategy : June 2025 quarter earnings preview by Kotak Institutional Equities We expect 1QFY26 net income of the KIE universe to increase 10.6% yoy, largely driven by a strong rebound in profits of the oil marketing companies (OMCs). Excluding OMCs, net income will see a modest increase of 4.5% yoy. The net income of OMCs will rise sharply, driven by higher GRMs and strong marketing margins. Among sectors, we expect (1) construction materials (improvement in realization on account of price hikes), (2) healthcare services (higher footfalls in existing beds, new bed addi...
India Strategy : June 2025 quarter earnings preview by Kotak Institutional Equities
India Strategy : June 2025 quarter earnings preview by Kotak Institutional Equities
Source: Kotak Institutional Equities
2025-07-09 04:52:59 pm
People Matters TechHR India 2025, Asia`s Largest HR & Work Tech Conference, to Unite 5,000+ Leaders at Yashobhoomi for a Bold Pivot Toward the Future of Work People Matters, the leading platform for HR and talent leaders in APAC, is thrilled to unveil TechHR India 2025, set to take place on 31st July and 1st August 2025 at Yashobhoomi Convention Center, New Delhi, with exclusive pre-conference workshops on 30th July at Leela Ambience, Gurugram.  Celebrating over a decade of shaping the future of work, TechHR India returns for its 11th edition as Asia’s largest HR & Work Tech conference—bigger and ...
People Matters TechHR India 2025, Asia`s Largest HR & Work Tech Conference, to Unite 5,000+ Leaders at Yashobhoomi for a Bold Pivot Toward the Future of Work
People Matters TechHR India 2025, Asia`s Largest HR & Work Tech Conference, to Unite 5,000+ Leaders at Yashobhoomi for a Bold Pivot Toward the Future of Work
Source: PR Agency
2025-07-09 04:44:00 pm
``Stronger 2030`` - Evolution of Group Strategy and upgraded Financial Targets 2030 • Evolved Group strategy: focus on execution based on five strategic pillars • Upgraded financial targets 2030: adjusted ROS of more than 12% for the Industrial Business (9-13% through-cycle range), with all segments driving value for structurally higher profitability • Free cash flow IB targeted to increase by 50% until 2030 vs. 2024 • Detailed plans for the holistic Cost Down Europe efficiency program to reduce costs by more than €1 billion by 2030 in Europ...
``Stronger 2030`` - Evolution of Group Strategy and upgraded Financial Targets 2030
``Stronger 2030`` - Evolution of Group Strategy and upgraded Financial Targets 2030
Source: PR Agency
2025-07-09 04:43:02 pm
Telecom Egypt Signs MoU with KareXpert to Launch an Advanced National Healthcare Platform Telecom Egypt signed a Memorandum of Understanding with KareXpert, a leading healthcare technology company powered by artificial intelligence assistant, to launch a comprehensive digital healthcare platform managed through a secure national cloud hosted within Egypt. The platform combines a Hospital Information Management System (HIMS) with unified electronic medical records and provides comprehensive revenue cycle management solutions. This gives hospitals a unified view of their clinical an...
Telecom Egypt Signs MoU with KareXpert to Launch an Advanced National Healthcare Platform
Telecom Egypt Signs MoU with KareXpert to Launch an Advanced National Healthcare Platform
Source: PR Agency
2025-07-09 04:35:27 pm
Muthoottu Mini Financiers Inaugurates New Zonal Office in Bangalore to Strengthen Regional Operations Muthoottu Mini Financiers Ltd., one of India’s most trusted and long-standing gold loan NBFCs, popularly known as Muthoottu Yellow, has inaugurated its new Zonal Office in Bangalore as part of its continued expansion in South India. The new facility will serve as a strategic hub for overseeing branch operations and strengthening customer engagement across Karnataka. Located at Property No. 489, 2nd Floor, Planet Plaza, Amruthahalli Main Road, Talakaveri Layout, Byatarayanapura, Banga...
Muthoottu Mini Financiers Inaugurates New Zonal Office in Bangalore to Strengthen Regional Operations
Muthoottu Mini Financiers Inaugurates New Zonal Office in Bangalore to Strengthen Regional Operations
Source: PR Agency
2025-07-09 04:25:09 pm
India`s fish production more than doubles to 95.79 lakh tonnes in last 11 years India’s fish production has more than doubled from 95.79 lakh tonnes in FY 2013-14 to a record 195 lakh tonnes in FY 2024-25, reflecting the success of the country’s ‘blue revolution’ launched by the Centre, according to an official statement issued on Wednesday ahead of the National Fish Farmers Day.  Inland fisheries and aquaculture alone have recorded a 140 per cent jump in the last 11 years, showcasing the power of India's water resources and the govern...
India`s fish production more than doubles to 95.79 lakh tonnes in last 11 years
India`s fish production more than doubles to 95.79 lakh tonnes in last 11 years
Source: IANS
2025-07-09 03:35:24 pm
FIEO sees PM Modi`s Brazil visit as a booster shot for bilateral trade The Federation of Indian Export Organisations (FIEO) on Wednesday said it sees Prime Minister Narendra Modi’s state visit to Brazil as a pivotal moment in strengthening the India–Brazil partnership in trade, commerce and strategic collaboration.  FIEO president SC Ralhan said that both leaders reaffirmed their commitment to deepen economic ties and tap into the vast, untapped potential of bilateral trade and investment. Emphasis was placed on diversifying and expanding ...
FIEO sees PM Modi`s Brazil visit as a booster shot for bilateral trade
FIEO sees PM Modi`s Brazil visit as a booster shot for bilateral trade
Source: IANS
2025-07-09 02:14:25 pm
India Inc. likely to see surge in deals as global headwinds ease Although India Inc. witnessed a subdued dealmaking environment in Q2 2025 due to global uncertainty, signs of resilience are emerging, especially with foreign investors taking the lead in inbound M&A and public markets showing signs of revival, according to a Grant Thornton report released on Wednesday.  As geopolitical headwinds ease, deal momentum is expected to pick up in the second half of 2025, buoyed by India’s strong macroeconomic fundamentals and investor interest in...
India Inc. likely to see surge in deals as global headwinds ease
India Inc. likely to see surge in deals as global headwinds ease
Source: IANS
2025-07-09 01:44:13 pm
Committed to ensure that service quality keeps pace with consumer expectations: TRAI As India rapidly transitions into a digitally connected economy, the Telecom Regulatory Authority of India (TRAI) on Wednesday released its Independent Drive Test (IDT) findings for the Himachal Pradesh Licensed Service Area (LSA), covering extensive routes during the month of May.  The drive tests, conducted under the supervision of the TRAI Regional Office, Delhi, were designed to capture real-world mobile network performance across diverse usage environments – Urban Zones, In...
Committed to ensure that service quality keeps pace with consumer expectations: TRAI
Committed to ensure that service quality keeps pace with consumer expectations: TRAI
Source: IANS
2025-07-09 11:57:10 am
India set to explore over 2.5 lakh sq kms area in one of largest offshore energy efforts As one of the world's largest offshore energy exploration efforts, India is set to explore more than 2.5 lakh square kms area under the Open Acreage Licensing Programme (OALP) Round X, Minister of Petroleum and Natural Gas, Hardeep Singh Puri, said on Wednesday.  “We are ready! For entering a new era of energy… In the field of oil and gas exploration and production, there are no longer obstacles, only possibilities,” the minister said in a post on X. In this ...
India set to explore over 2.5 lakh sq kms area in one of largest offshore energy efforts
India set to explore over 2.5 lakh sq kms area in one of largest offshore energy efforts
Source: IANS
2025-07-09 11:02:38 am
Apple appoints Indian-origin Sabih Khan as new chief operating officer Apple has announced that Sabih Khan, an Indian-origin executive with 30 years of experience at the tech giant, will be its new Chief Operating Officer (COO).  Khan will take over from Jeff Williams, who is stepping down from the role this month and will retire later this year. The leadership change comes at a time when Apple is facing challenges, such as slowing iPhone sales and tariff issues. Jeff Williams, who has been with Apple for more than 27 years, will continue to lead the ...
Apple appoints Indian-origin Sabih Khan as new chief operating officer
Apple appoints Indian-origin Sabih Khan as new chief operating officer
Source: IANS
2025-07-09 10:36:41 am
WaveX launches 'Kalaa Setu' to drive AI innovation in multilingual content WaveX, the startup accelerator platform under India’s Ministry of Information and Broadcasting, on Tuesday launched a nationwide initiative called 'Kalaa Setu – Real-Time Language Tech for Bharat.'  The challenge invites India’s top AI startups to develop scalable solutions for creating multimedia content from text, aimed at enhancing communication between the government and citizens in multiple Indian languages. As India continues its digital governance j...
WaveX launches 'Kalaa Setu' to drive AI innovation in multilingual content
WaveX launches 'Kalaa Setu' to drive AI innovation in multilingual content
Source: IANS
2025-07-09 09:40:42 am
ISA regional meeting to be held in Colombo from July 15 The International Solar Alliance (ISA) will host the seventh Regional Committee Meeting (RCM) for Asia and the Pacific Region from July 15-17 in Colombo, Sri Lanka, the Ministry of New and Renewable Energy said on Tuesday.  This conference will bring together government officials, technical universities, think tanks, institutional partners, and leaders from the private sector to advance a coordinated and strategic agenda for scaling solar deployment across this dynamic and diverse reg...
ISA regional meeting to be held in Colombo from July 15
ISA regional meeting to be held in Colombo from July 15
Source: IANS
2025-07-09 09:18:06 am
Government gets Rs 5,304 crore as dividend from 3 public sector banks for FY25 Finance Minister Nirmala Sitharaman on Tuesday received dividend cheques to the tune of Rs 5,304 crore on behalf of the government from three public sector banks for the financial year ended on March 31, 2025.  A dividend cheque of Rs 2,335 crore for FY 2024-25 was presented to the Finance Minister, in her North Block office, by Punjab National Bank MD and CEO Ashok Chandra, while Bank of India MD & CEO Rajneesh Karnatak presented a cheque of Rs 1,353 crore. The third dividend...
Government gets Rs 5,304 crore as dividend from 3 public sector banks for FY25
Government gets Rs 5,304 crore as dividend from 3 public sector banks for FY25
Source: IANS
2025-07-09 09:12:02 am
India`s internet subscribers reach 969.10 million in FY25, average revenue per user up The number of internet subscribers in India increased from 954.40 million at the end of March 2024 to 969.10 million at the end of March this year, with an annual growth of 1.54 per cent, the TRAI data showed on Tuesday.  Out of total 969.10 million internet subscribers, number of broadband subscribers was 944.12 million and number of narrowband subscribers was 24.98 million at the end of March 2025, the Ministry of Communications said in a statement. Number of broadband subscriber...
India`s internet subscribers reach 969.10 million in FY25, average revenue per user up
India`s internet subscribers reach 969.10 million in FY25, average revenue per user up
Source: IANS
2025-07-09 08:57:17 am
EVs continue to surge amidst steady demand environment by Equirus Securities Financial services firm Equirus Securities has released a press note on auto sales and trends for the month of June 2025. As per the note, the overall 2-Wheeler retails in June 2025 increased by 5% YoY with North region growing at 10% YoY. The Electric 2-Wheeler sales grew 32% YoY to ~105k units in June 2025 with a penetration of 7.3% in Jun’25 Vs 5.8% in Jun’24. However, E2W sales could be impacted in the coming months due to ban of rare earth magnets by China. Passenger Vehicle ...
EVs continue to surge amidst steady demand environment by Equirus Securities
EVs continue to surge amidst steady demand environment by Equirus Securities
Source: Equirus Securities Ltd
2025-07-08 05:46:41 pm
IndiaFirst Life Enters a Strategic Corporate Agency Tie-Up with Northern Arc Capital IndiaFirst Life Insurance Company Ltd (IndiaFirst Life) is pleased to announce a strategic corporate agency partnership with Northern Arc Capital Ltd. (Northern Arc), a leading diversified financial services platform. Under this agreement, Northern Arc will distribute IndiaFirst Life’s comprehensive range of life insurance products—including term, savings, and retirement solutions—across its pan-India network. Powered by data-rich technology solutions, strong sectoral exp...
IndiaFirst Life Enters a Strategic Corporate Agency Tie-Up with Northern Arc Capital
IndiaFirst Life Enters a Strategic Corporate Agency Tie-Up with Northern Arc Capital
Source: PR Agency
2025-07-08 05:40:06 pm
Inside the AI-Powered Enterprise: New Whitepaper Reveals How Gen AI is Redefining ROI Practus, a leading ROI-driven business consulting firm, and Pathsetter AI, a next-gen AI transformation company, have jointly released a groundbreaking whitepaper titled "The Future of Enterprise Intelligence: Integrating GenAI for Competitive Advantage". This timely research provides a strategic roadmap for how enterprises can harness Generative AI (Gen AI) to transform decision-making, boost performance, and create measurable business value. With decision cycles shrin...
Inside the AI-Powered Enterprise: New Whitepaper Reveals How Gen AI is Redefining ROI
Inside the AI-Powered Enterprise: New Whitepaper Reveals How Gen AI is Redefining ROI
Source: PR Agency
2025-07-08 05:29:51 pm
Kotak Securities` Kona Kona Shiksha Reaches Over 73,000 Youth in FY25 Kotak Securities Limited (KSL) announced a significant milestone in its flagship CSR initiative, Kona Kona Shiksha, which reached 73,957 young Indians in FY25 alone. Since its launch in July 2021, the financial literacy programme has empowered 291,539 students across the country with essential financial knowledge. Driven by collaboration with the National Institute of Securities Markets (NISM), Kona Kona Shiksha aims to build financial awareness and capability among India’s youth. In...
Kotak Securities` Kona Kona Shiksha Reaches Over 73,000 Youth in FY25
Kotak Securities` Kona Kona Shiksha Reaches Over 73,000 Youth in FY25
Source: PR Agency
2025-07-08 04:48:59 pm
Indian exporters hail US decision to extend tariff hike deadline to August 1 Indian exporters have welcomed the US decision to postpone the tariff hikes on imports from July 9 to August 1, as this will allow more time for talks to sort out the trade issues.  Director General of the Federation of Indian Export Organisations (FIEO) Ajay Sahai said that this deferment of the imposition of reciprocal tariffs reflects the US's willingness to engage constructively with its trading partners. "It provides an extended window for dialogue, which can help our...
Indian exporters hail US decision to extend tariff hike deadline to August 1
Indian exporters hail US decision to extend tariff hike deadline to August 1
Source: IANS
2025-07-08 04:39:18 pm
76 land deals for 2898+ acres transacted in H1 2025, value INR 30,885 Cr The real estate market's unprecedented post-pandemic growth across sectors has seen large and listed developers, as well as other entities, hectically snapping up land for various developments. Besides residential real estate, commercial, retail, industrial & logistics, and warehousing are also driving prime land deals in key locations across India. This land buying spree continued unabated in the first half of 2025, breaking all previous records and defying the overall sombre sent...
76 land deals for 2898+ acres transacted in H1 2025, value INR 30,885 Cr
76 land deals for 2898+ acres transacted in H1 2025, value INR 30,885 Cr
Source: PR Agency
2025-07-08 04:25:43 pm
IIT Bombay and ICICI Foundation partner for expansion of biomedical innovation hub Indian Institute of Technology (IIT) Bombay and ICICI Foundation for Inclusive Growth (ICICI Foundation), the CSR arm of ICICI Bank, have forged a partnership to expand the biomedical innovation hub at the country’s premier technology and engineering institute. Under this partnership, ICICI Foundation has pledged Rs.70 crore to set up additional floors at the Biomedical Engineering and Technology Innovation Centre (BETIC) at IIT Bombay and equip this area with advanced facilities. Th...
IIT Bombay and ICICI Foundation partner for expansion of biomedical innovation hub
IIT Bombay and ICICI Foundation partner for expansion of biomedical innovation hub
Source: PR Agency
2025-07-08 04:13:23 pm
Jyotiraditya Scindia meets Cisco CEO Chuck Robbins, discusses ways to build future-ready Bharat Union Communications Minister Jyotiraditya Scindia on Tuesday met Cisco CEO Chuck Robbins and his team here, encouraging them to deepen their footprint in India’s rapidly evolving digital technology landscape and growing market.  During the meeting, the minister highlighted the importance of leveraging the country’s vast potential and vibrant talent pool. Underscoring the importance of building solutions that uplift the common man, he stressed Bharat’s pivotal rol...
Jyotiraditya Scindia meets Cisco CEO Chuck Robbins, discusses ways to build future-ready Bharat
Jyotiraditya Scindia meets Cisco CEO Chuck Robbins, discusses ways to build future-ready Bharat
Source: IANS
2025-07-08 03:38:36 pm
India`s real estate developers on land buying spree The land buying spree by real estate developers continued unabated in the first half of 2025, with over 2,898 acres of land transacted in 76 deals across India in H1 2025, according to an ANAROCK report released on Tuesday.  The total volume of the land transacted so far in 2025 is already 1.15 times the deals volume seen in the whole of 2024, which saw about 133 deals for 2,515 acres concluded, the report states. The total value of the land transacted in H1 2025 was Rs 30,885 cror...
India`s real estate developers on land buying spree
India`s real estate developers on land buying spree
Source: IANS
2025-07-08 03:34:34 pm
Indian IT sector to witness soft growth in Q1 despite seasonal strength The Indian IT services sector is expected to experience a soft quarter growth (Q1FY26) despite the seasonal strength, according to a report released on Tuesday.  IT companies’ earnings are expected to be mixed across the board with a very soft quarter for ER&D services companies on a quarter-on-quarter (QoQ) basis, Equirus Securities said in its report. The report is being prepared considering Infosys and Tech Mahindra among large-cap IT companies, and Zensar, Mphasis, an...
Indian IT sector to witness soft growth in Q1 despite seasonal strength
Indian IT sector to witness soft growth in Q1 despite seasonal strength
Source: IANS
2025-07-08 02:11:03 pm
`Story of Suraj` showcases how Adani`s clean energy solutions are fuelling dreams, transforming lives The Adani Group continues to illuminate lives across the country -- bringing solar energy to every corner of India -- and reinforcing its commitment to sustainable infrastructure, the Group on Tuesday launched ‘Story of Suraj’, the third film in its acclaimed #HumKarkeDikhateHain series.  Set in a town now aglow with uninterrupted solar power, ‘Story of Suraj’ brings to life how Adani’s clean energy solutions are fuelling dreams and transforming lives. Th...
`Story of Suraj` showcases how Adani`s clean energy solutions are fuelling dreams, transforming lives
`Story of Suraj` showcases how Adani`s clean energy solutions are fuelling dreams, transforming lives
Source: IANS
2025-07-08 01:49:20 pm
With 8 pc of world`s reserves, India poised to play key role in rare earth elements supply chain India holds 8 per cent of the world's rare earth element reserves, which gives it the potential of playing a key role in the gradually evolving global supply landscape as China's current dominance is projected to decline, according to a CareEdge report released on Tuesday. While China currently plays a leading role in both mining and refining, its projected share is expected to decrease from 69 per cent to 51 per cent in mining and from 90 per cent to 76 per cent in refining by 203...
With 8 pc of world`s reserves, India poised to play key role in rare earth elements supply chain
With 8 pc of world`s reserves, India poised to play key role in rare earth elements supply chain
Source: IANS
2025-07-08 01:45:23 pm
ACCA and Chartered Accountants ANZ call for consistent application of sustainability assurance standards This follows the publication of ISSA 5000 by the International Auditing and Assurance Standards Board (IAASB) for sustainability assurance engagements, which aims to increase trust in sustainability reporting and reduce the risk of greenwashing. Sustainability reporting is increasing around the world as more countries make it mandatory, especially for larger businesses. As part of a strategic alliance between the two bodies, ACCA (the Association of Chartered Certified Accountant...
ACCA and Chartered Accountants ANZ call for consistent application of sustainability assurance standards
ACCA and Chartered Accountants ANZ call for consistent application of sustainability assurance standards
Source: PR Agency
2025-07-08 12:12:48 pm
`Hum karke dikhate hain`: Adani Group`s advertisement on lighting up lives strikes a chord Gautam Adani, Chairman of the Adani Group, shared a riveting video on Tuesday showcasing the resurgence of green energy driven by its extensive network of solar plants across India, including the one in Gujarat’s Khavda, and reaffirmed the conglomerate’s commitments to fulfilling its promises.    Gautam Adani took to his social media handle and shared an engrossing video of how the ‘sooraj bhaiya’ (sun) is enlightening and enriching the lives of people by ...
`Hum karke dikhate hain`: Adani Group`s advertisement on lighting up lives strikes a chord
`Hum karke dikhate hain`: Adani Group`s advertisement on lighting up lives strikes a chord
Source: IANS
2025-07-08 12:06:05 pm
BMW Group India appoints Hardeep Singh Brar as President, CEO BMW Group India on Tuesday announced to appoint Hardeep Singh Brar as the President and Chief Executive Officer (CEO), effective from September 1.  Brar succeeds Vikram Pawah who is taking charge as Chief Executive Officer of BMW Group Australia and New Zealand, the luxury automaker said in a statement. “India is among the fastest growing markets for BMW Group and an important pillar of our long-term success strategy for the region. Hardeep Singh Brar holds vast expertise and...
BMW Group India appoints Hardeep Singh Brar as President, CEO
BMW Group India appoints Hardeep Singh Brar as President, CEO
Source: IANS
2025-07-08 11:58:31 am
Shares of Indian textile firms rally as Trump slaps 35 pc tariff on Bangladesh The Indian textile companies saw their shares surging in the morning trade on Tuesday after the US President Donald Trump slapped 35 per cent tariff on Bangladesh.  Shares of textile firms such as Trident, Welspun, Gokaldas Exports, KPR Mill, Vardhman Textiles and Arvind Ltd. went up in the early trade. The stock of Gokaldas Exports were up more than 7 per cent while Vardhman Textiles shares rallied 7.4 per cent and Welspun Living's stock jumped two per cent. In a letter to ...
Shares of Indian textile firms rally as Trump slaps 35 pc tariff on Bangladesh
Shares of Indian textile firms rally as Trump slaps 35 pc tariff on Bangladesh
Source: IANS
2025-07-08 10:20:11 am
All districts of Mizoram, Sikkim, Tripura achieve Front Runner status: NITI Aayog All districts in Mizoram, Sikkim, and Tripura have achieved the ‘Front Runner’ status, with no districts falling in the ‘Aspirant’ or ‘Achiever’ categories, a NITI Aayog report said on Monday, adding that three districts in Nagaland are now among top 10 performers.  According to the second edition of the North Eastern Region (NER) District Sustainable Development Goals (SDG) Index Report (2023-24), the composite scores for the 121 districts range fr...
All districts of Mizoram, Sikkim, Tripura achieve Front Runner status: NITI Aayog
All districts of Mizoram, Sikkim, Tripura achieve Front Runner status: NITI Aayog
Source: IANS
2025-07-08 09:37:54 am
Centre fast-tracks infra projects worth Rs 36,296 crore in Gujarat and Rajasthan The Centre has fast-tracked big-ticket infrastructure projects worth over Rs 36,296 crore in Gujarat and Rajasthan, following a high-level meeting convened last week, with a focus on resolving bottlenecks through the Project Monitoring Group (PMG) mechanism, according to a statement issued by the Ministry of Commerce and Industry on Monday.  A total of 22 issues related to 18 critical projects were taken up at the meeting. Among the major initiatives discussed was the Transmission Sys...
Centre fast-tracks infra projects worth Rs 36,296 crore in Gujarat and Rajasthan
Centre fast-tracks infra projects worth Rs 36,296 crore in Gujarat and Rajasthan
Source: IANS
2025-07-08 09:20:39 am
India`s demand for fuels rises 1.94 pc to surpass 20.3 million tonnes in June India's consumption of petroleum products such as petrol, diesel, and LPG rose by 1.9 per cent to 20.31 million metric tonnes in June from 19.94 million tons in the same month last year, according to official figures released by the Ministry of Petroleum and Natural Gas on Monday.  Sales of petrol went up by 6.7 per cent in June compared to the same month last year due to the increase in sales of cars and two-wheelers in the country, with the revival in rural demand amid a more ro...
India`s demand for fuels rises 1.94 pc to surpass 20.3 million tonnes in June
India`s demand for fuels rises 1.94 pc to surpass 20.3 million tonnes in June
Source: IANS
2025-07-08 09:04:16 am
Hardeep Puri eyes Norwegian expertise for big push to India`s energy drive Minister of Petroleum and Natural Gas Hardeep Singh Puri said on Monday that the government is looking at various projects in Norway with an eye on expertise to upgrade and expand India’s energy capabilities.  "In our continued quest to provide momentum to India’s efforts to achieve energy security under the leadership of Prime Minister Narendra Modi, I visited the Northern Lights CO2 Terminal in Bergen, Norway. It is the largest project for carbon storage funded by t...
Hardeep Puri eyes Norwegian expertise for big push to India`s energy drive
Hardeep Puri eyes Norwegian expertise for big push to India`s energy drive
Source: IANS
2025-07-08 08:58:37 am
Dr Jitendra Singh calls for paradigm shift in agriculture sector Technology in agriculture has progressed rapidly under Prime Minister Narendra Modi’s leadership over the past 11 years, Union Minister Dr. Jitendra Singh said on Monday, calling for a paradigm shift in the agriculture sector by embracing cutting-edge technology and fostering greater synergy among stakeholders.  Addressing the 96th annual general meeting of the ICAR Society at the NASC Complex in the capital, the minister said its full potential still remains untapped at the gro...
Dr Jitendra Singh calls for paradigm shift in agriculture sector
Dr Jitendra Singh calls for paradigm shift in agriculture sector
Source: IANS
2025-07-08 08:45:03 am
World Bioproduct Day: India targets $300 bn bioeconomy by 2030, says Jitendra Singh The government is committed to realising a $300 billion bioeconomy by 2030, reiterated Union Minister of Science and Technology, Dr. Jitendra Singh on World Bioproduct Day on Monday.  Calling for a wider public understanding and inclusive participation in India’s biotechnology mission, Singh stated that every Indian is a stakeholder in the country’s bioeconomy. The biotechnology ecosystem in the country “has grown from just around 50 startups a decade ago to nearl...
World Bioproduct Day: India targets $300 bn bioeconomy by 2030, says Jitendra Singh
World Bioproduct Day: India targets $300 bn bioeconomy by 2030, says Jitendra Singh
Source: IANS
2025-07-07 06:05:53 pm
UAE`s new Golden Visa norms mark a significant shift for Indian investors The recent overhaul of the UAE’s Golden Visa marks a significant shift in the country’s residency landscape, industry experts said on Monday.  The new framework is more inclusive and strategically aligned with the UAE’s long-term vision. The nomination-based Golden Visa programme will allow foreign citizens, including Indians, to have a lifetime residency by paying a fixed amount of AED 1,00,000 (approximately Rs 23.3 lakh). According to Akash Puri, Director Inter...
UAE`s new Golden Visa norms mark a significant shift for Indian investors
UAE`s new Golden Visa norms mark a significant shift for Indian investors
Source: IANS
2025-07-07 05:57:12 pm
Jane Street saga: Rahul Gandhi says F&O trading a playground for `big players` Leader of Opposition in the Lok Sabha Rahul Gandhi on Monday said that the futures and options (F&O) trading market has become a playground for 'big players,' and the Jane Street saga shows that retail investors are bearing the maximum brunt.  Jane Street has been barred by the capital markets regulator SEBI from the Indian stock market for indulging in manipulative trading practices that allegedly enabled the company to make unlawful profits running into thousands of cror...
Jane Street saga: Rahul Gandhi says F&O trading a playground for `big players`
Jane Street saga: Rahul Gandhi says F&O trading a playground for `big players`
Source: IANS
2025-07-07 05:54:11 pm
Public REITs and InvITs become big draw for investors in India in last 2 years The total volumes of public InvITs (Infrastructure Investment Trusts) traded increased by 128.23 per cent in the last two years while that of public REITs (Real Estate Investment Trusts) surged by a whopping 399.54 per cent since FY23, ICRA Analytics said in a report on Monday.  Rising investor interest amid growing confidence in yield-generating assets is leading to a good growth in volumes of REITs and InvITs publicly traded in the last two years. REITs and InvITs are investment ...
Public REITs and InvITs become big draw for investors in India in last 2 years
Public REITs and InvITs become big draw for investors in India in last 2 years
Source: IANS
2025-07-07 05:09:13 pm
AI, IoT to drive India as a global leader in food processing The food processing sector in India gearing up for a sustainable future driven by technology and digital innovation, positioning the country as a global leader, according to a report on Monday.  The joint knowledge report by ASSOCHAM-PwC, launched at the Food Tech conference organised by ASSOCHAM, showed that the technologies associated with Industry 4.0 -- including artificial intelligence (AI), the Internet of things (IoT), blockchain, robotics, and automation -- are fundamentally t...
AI, IoT to drive India as a global leader in food processing
AI, IoT to drive India as a global leader in food processing
Source: IANS
2025-07-07 05:03:41 pm
Fintechs must curb fraud with AI use, ensure financial inclusion: DFS Secretary Fintech companies should leverage their strengths and innovation by not only extending financial services to the masses but also to develop robust solutions against fraud, hacking, and other cyber threats -- making greater use of emerging technologies like artificial intelligence (AI), a top government official said on Monday.  With the country’s digital payments ecosystem rapidly maturing, its influence has begun to extend beyond national borders, reaching Global South, said Na...
Fintechs must curb fraud with AI use, ensure financial inclusion: DFS Secretary
Fintechs must curb fraud with AI use, ensure financial inclusion: DFS Secretary
Source: IANS
2025-07-07 04:59:42 pm