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Business
India e-commerce sales to reach up to Rs 1.2 lakh cr in GMV this festive season
30 Sept 2024 2:30 PM IST
Bengaluru, Sep 30: Driven by high pent up demand and premiumisation wave, e-commerce sales in India are estimated to reach Rs 1 lakh-Rs 1.2 lakh crore in gross merchandise value (GMV) this festive season, a report said on Monday. This will be 20 per cent year-on-year growth for the e-commerce...
Business
Talented youth at forefront of India’s technological, economic transformation:...
28 Sept 2024 3:08 PM IST
New Delhi, Sep 28: By harnessing the potential of young talent, we are driving towards an Aatmanirbhar Bharat self reliant and globally competitive, Union Communications Minister Jyotiraditya Scindia has said. During a visit to IIT Madras to witness the indigenous first of its kind 5G Testbed...
Business
India steel sector at watershed moment, projected to reach 300 million tonnes by...
28 Sept 2024 3:05 PM IST
New Delhi, Sep 28: India became the second largest steel producer with a capacity of 178 million tonnes and production of 144 million tonnes in FY24, which is projected to reach 300 million tonnes by 2030. Minister of State for Steel and Heavy Industries, Bhupathiraju Srinivasa Varma, said that...
Business
Tata Motors breaks ground for $9,000 cr facility in TN to manufacture SUVs, JLR
28 Sept 2024 3:03 PM IST
Chennai, Sep 28: Tata Motors on Saturday held the groundbreaking ceremony of its new Rs 9,000 crore facility in the state that will manufacture and export next-gen vehicles for Tata Motors and Jaguar Land Rover (JLR). Situated at Panapakkam in Ranipet district, the plant will cater to both domestic...
Business
Jindal India Institute trains over 30 foreign diplomats, journalists to deepen...
27 Sept 2024 11:36 AM IST
Sonipat, Sep 27: The Jindal India Institute (JII) of O.P. Jindal Global University (JGU) hosted 31 foreign diplomats, foreign correspondents and defence attaches from 20 embassies, high commissions, international organisations and new agencies at the third edition of its one day certificate course...
Business
Cambodia expects nearly 6 million international tourists in 2024: PM Hun Manet
27 Sept 2024 11:34 AM IST
Phnom Penh, Sep 27: Cambodia is expected to attract nearly 6 million international tourists in 2024, up from 5.45 million in 2023. The Southeast Asian nation received 3.75 million foreign visitors in the first seven months of this year, up by 23.2 per cent compared to the same period last year, a...
Business
PM Modi's policies reshaping women's role in India's workforce: Mansukh...
27 Sept 2024 11:32 AM IST
New Delhi, Sep 27: Prime Minister Narendra Modi's policies are quietly reshaping women's role in India's workforce, said Union Labour Minister Mansukh Mandaviya on Friday. Mandaviya called it a ‘silent revolution’ taking place in India's labour force. "India’s workforce is now witnessing what no one...
Business
Sensex, Nifty trade at record-high, Maruti Suzuki and Wipro top gainers
26 Sept 2024 12:04 PM IST
Mumbai, Sep 26: Indian frontline indices were trading at a record-high on Thursday following positive global cues.At 9.46 a.m., Sensex was up 144 points or 0.17 per cent at 85,314 and Nifty was up 36 points or 0.14 per cent at 26,040. In early trade, Sensex and Nifty made a new all time high of...
Business
Chinese stainless steel plates face anti-dumping probe
26 Sept 2024 11:59 AM IST
Seoul, Sep 26: South Korea plans to launch an antidumping investigation into stainless steel plates imported from China after a local company claimed that cheap imports have damaged the domestic market, the industry ministry said on Thursday. The move came after DK Corp filed a complaint with the...
Business
South Korea aims to prevent illegal trading via stock short selling
25 Sept 2024 12:40 PM IST
Seoul, Sep 25: The government will publish detailed guidelines on stock short selling this week to help prevent people unintentionally engaging in illegal trading, the financial regulator said on Wednesday. The guidelines will be made public on Thursday, while an English version of the how-to...
Business
Gautam Adani, Bombardier CEO discuss ‘transformative partnerships' in aviation...
25 Sept 2024 12:39 PM IST
Ahmedabad, Sep 25: Gautam Adani, Chairman of the Adani Group, has held a high-level meeting with Eric Martel, CEO of Bombardier, and deliberated on “transformative partnerships” in the aviation sector. In a post on social media platform X, on Wednesday, Gautam Adani informed that they will aim to...
Business
Organised gold loans to reach Rs 15 lakh crore in India by March 2027: Report
25 Sept 2024 12:37 PM IST
Mumbai, Sep 25: The organised gold loans by banks and non-banking financial companies (NBFCs) are set to exceed Rs 10 lakh crore in the current fiscal, with a projection to reach Rs 15 lakh crore by March 2027, a report showed on Wednesday.Rating agency ICRA said that banks remain dominant driven by...
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