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Business
Maha govt to collaborate with WEF for MMR's development as global economy hub
12 Sept 2024 12:23 PM IST
Mumbai, Sep 12: The Maharashtra government, which is chasing its ambitious target of a one trillion economy dollar, on Thursday will release a report penned by NITI Aayog on the development of the Mumbai Metropolitan Region (MMR) as a global economic hub with a 300 billion dollar economy from the...
Business
CM Stalin meets Ford company officials, explores possibilities to renew tie up
11 Sept 2024 1:25 PM IST
Chennai, Sep 11:Tamil Nadu Chief Minister M .K. Stalin, who is on an investment garnering trip to the United States since August 29, met the officials of Ford Motors in Chicago. CM Stalin, in a statement on his social media platform X, said: "Had a very engaging discussion with the team from @Ford...
Business
Maha govt sets up CS-led panel for MMR’s development as growth hub with $300 Bn...
11 Sept 2024 1:23 PM IST
Mumbai, Sep 11: The Maharashtra Government has appointed a Chief Secretary (CS)-led committee for the implementation of the NITI Aayog’s report on making the bursting Mumbai Metropolitan Region (MMR) a growth hub with a $300 billion economy by 2030 from the present $140 billion.The state government,...
Business
CM Yogi Adityanath highlights UP's big strides in semiconductor industry
11 Sept 2024 1:22 PM IST
Greater Noida, Sep 11: Uttar Pradesh Chief Minister Yogi Adityanath, on Wednesday, highlighted the state's big strides in the semiconductor industry while addressing the SEMICON India 2024 event at the India Expo Mart, here. He extended a warm welcome to the attendees, which included industry...
Business
Geopolitical tensions, digital revolution, climate change reshape development:...
10 Sept 2024 12:24 PM IST
Geneva, Sep 10: Emerging global trends such as geopolitical tensions, digital revolution and climate change are reshaping the landscape of trade led development, the World Trade Organization (WTO) has said in a flagship report. In the 2024 edition of the "World Trade Report" released on Monday, the...
Business
Rajasthan CM meets S. Korean investors, says govt aspires to build long-term...
10 Sept 2024 12:22 PM IST
Seoul, Sep 10: Rajasthan Chief Minister Bhajan Lal Sharma, while inviting South Korean investors to explore investment opportunities in the state, delineated his government's agenda of doubling the state's economy from the current $180 billion to $350 billion in the next 5 years. Leading a high...
Business
Centre would allow MP to procure Soyabean under PSS: Agriculture minister...
10 Sept 2024 12:13 PM IST
Bhopal, Sep 10: Union Agriculture Minister Shivraj Singh Chouhan on Tuesday said the government would procure Soybean at the Minimum Support Price (MSP), which is Rs 4,894 per quintal. Union Agriculture Minister Chouhan said the Modi Government is committed to providing all help to the farmers and...
Business
Gold jewellery retailers’ sales to surge 22-25 pc in India after sharp duty cut
9 Sept 2024 1:18 PM IST
New Delhi, Sep 9: After the sharp reduction in import duty announced in the Union Budget, the revenues of organised gold jewellery retailers will increase 22-25 per cent this fiscal year-on-year a solid 500-600 basis points (bps) more than the 17-19 per cent expected earlier, a report showed on...
Business
India’s defence export projected to grow at 18 pc by 2030: Report
9 Sept 2024 1:15 PM IST
New Delhi, Sep 9: India's defence export is estimated to grow at 18 per cent CAGR (compound annual growth rate) from FY24-FY30, driven by the 'Make in India' initiative and thrust on local manufacturing. According to global investment firm Jefferies, which cited factors such as geopolitical tensions...
Business
Cost of EVs to match petrol, diesel vehicles in about 2 years: Nitin Gadkari
9 Sept 2024 1:21 PM IST
New Delhi, Sep 9: As the adoption of electric vehicles (EVs) increase in the country, the cost of EVs will almost match petrol and diesel vehicles within the next two years, Union Minister for Road Transport and Highways, Nitin Gadkari, said on Monday. Addressing an event here organised by the...
Business
Hackers behind Rs 2,000 crore WazirX theft begin laundering stolen assets
7 Sept 2024 11:55 AM IST
New Delhi, Sep 7: The hackers behind the Rs 2,000 crore (about $234 million) WazirX theft have started withdrawing the stolen digital assets and have reportedly laundered more than $12 million via Tornado Cash platform. According to Blockchain security firm Cyvers, more than $12 million in Ethereum...
Business
IIT Bombay secures record Rs 700 crore fund for research and development
7 Sept 2024 11:54 AM IST
New Delhi, Sep 7: The Indian Institute of Technology (IIT) Bombay secured a record Rs 700 crore as an annual grant for research and development in 2023-24. This is the highest funds received in the last three years. In 2022-23, the institute received Rs 576 crore, and Rs 502 crore in 2021-22. The...
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