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Business
Sensex trades higher, led by gains in banks
8 Oct 2024 7:13 AM GMT
Mumbai, Oct 8: India equity indices were trading in the green on Tuesday with gains in shares of UltraTech Cement, NTPC and L&T in BSE's benchmark. At 9.59 a.m., Sensex was up 258 points or 0.32 per cent at 81,308 and Nifty was up 58.20 points or 0.23 per cent at 24,853.In the Sensex pack,...
Business
Rs 2,000 crore WazirX hack: Govt probe on as millions of users seek refunds
7 Oct 2024 7:43 AM GMT
New Delhi, Oct 7: Cryptocurrency exchange WazirX, which suffered a massive Rs 2,000 crore about $234 million cyber theft in July as millions of users still wait for their money in digital assets to be refunded, is now facing scrutiny from top government agencies in the country. According to reports,...
Business
New India-UAE bilateral treaty to ensure continuity of investment protection:...
7 Oct 2024 7:41 AM GMT
New Delhi, Oct 7: The enforcement of the new Bilateral Investment Treaty (BIT) between India and the United Arab Emirates will give continuity of investment protection to people from both the countries, the government said on Monday. The earlier Bilateral Investment Promotion and Protection...
Business
Sensex trades higher amid positive global cues
7 Oct 2024 7:31 AM GMT
Mumbai, Oct 7: Indian equity indices opened in the green on Monday following global cues from the US and Asian markets. At 9.51 a.m., Sensex was up 193 points or 0.24 per cent at 81,882 and Nifty was up 36 points or 0.15 per cent at 25,051. However, the market trend remained negative. On the...
Business
Leverage India’s unmatched scale: Piyush Goyal tells US companies
2 Oct 2024 6:44 AM GMT
New Delhi, Oct 2: Union Commerce Minister Piyush Goyal has invited American companies to leverage India’s unmatched scale and take advantage of the ‘Make in India’ initiative, particularly in high-tech manufacturing and quality production. Minister Goyal, who began his four-day visit to the US this...
Business
French PM outlines policies on national priorities
2 Oct 2024 6:43 AM GMT
Paris, Oct 2: French Prime Minister Michel Barnier delivered a comprehensive one-and-a-half-hour speech in the National Assembly, detailing his government's key priorities including public deficit reduction, immigration reform, and retirement policies. Barnier set an ambitious target for France's...
Business
Revolutionary shift: FM Sitharaman hails rise in credit driven consumption in...
2 Oct 2024 6:40 AM GMT
New Delhi, Oct 2: Finance Minister Nirmala Sitharaman has lauded the meteoric rise in credit driven consumption in small cities and towns, calling it a “revolutionary shift” that has been made possible due to the Pradhan Mantri Jan Dhan Yojana (PMJDY). A definitive surge has been reported in...
Business
India’s diamond imports drop 54 pc in August, country remains global dominant...
1 Oct 2024 7:57 AM GMT
New Delhi, Oct 1: India’s diamond imports saw a 54 per cent decline in August compared to the same month last year, as the country remains a dominant player in the global diamond industry, responsible for producing 95 per cent of the world’s polished diamonds, a report showed on Tuesday. As per...
Business
Uzbek President highlights priorities for expanding partnership with World Bank
1 Oct 2024 7:52 AM GMT
Tashkent, Oct 1: Uzbek President Shavkat Mirziyoyev met with Antonella Bassani, Vice President of the Europe and Central Asia Region at the World Bank, highlighting the priorities for expanding partnership, the President's press service reported. The report discussed issues regarding the further...
Business
EAM Jaishankar meets US Commerce Secretary Raimondo, discusses Indo-Pacific...
1 Oct 2024 7:49 AM GMT
Washington/New Delhi, Oct 1: External Affairs Minister (EAM), S. Jaishankar met with US Commerce Secretary Gina Raimondo in Washington D.C. and discussed Indo-Pacific Economic Framework alongside high technology cooperation between the two countries. The talks between the two Ministers also covered...
Business
Japan's key stock index plunges after ruling party election
30 Sep 2024 9:05 AM GMT
Tokyo, Sep 30: Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, plunged more than 4 per cent on Monday after former Defence Minister Shigeru Ishiba was elected head of the ruling Liberal Democratic Party. The sharp decline saw the index dive more than 4.6 per cent at one...
Business
BRAP 2024 to enhance ease of doing business, boost ‘Make in India’ initiative
30 Sep 2024 9:04 AM GMT
New Delhi, Sep 30: The government on Monday said that the Business Reforms Action Plan (BRAP) 2024 is set to establish a seamless business regulatory framework, enhancing the ease of doing business and further strengthening the ‘Make in India’ initiative. The action plan aligns with key government...
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