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3 indigenously-developed tech transferred to 12 industries in India
Business

3 indigenously-developed tech transferred to 12 industries in India

New Delhi, Feb 4: Three indigenously-developed technologies -- thermal camera, CMOS camera, and Fleet Management System -- were transferred to 12 industries in India on Sunday. During the launch of "Digital India FutureLABS Summit 2024" held at IIIT-Delhi, the technologies designed and developed...
India
Business

India's services sector PMI surges to 6-month high

New Delhi, Feb 5: Growth in India’s services sector rose to a 6-month high in January on the back of a higher demand and better outlook ahead, according to an HSBC report released on Monday. The HSBC India Services PMI was recorded at 61.8 in January, up from 59 in December. It is the highest...
Business

'Constrained financially, government will not be in a position to offer tax...

Chennai, Feb 2: The Central government may not offer any tax relief or concessions even in the post-election full budget owing to its financial constraints, said a top economist at credit rating agency Acuite Ratings & Research. On the absence of tax reliefs or concessions in the Interim...
Adani Electricity tops National Consumer Service Ratings among Mumbai discoms
Business

Adani Electricity tops National Consumer Service Ratings among Mumbai discoms

Mumbai, Feb 2: The Adani Electricity Mumbai Ltd (AEML) garnered 'A' ranking in the Consumer Service Ratings-2023 among 62 distribution companies across India, released by the Ministry of Power, an official said here on Friday. The report has credited AEML with 24x7 power for its 31.5 lakhs...
USISPF welcomes Joe Ucuzoglu, Raj Shah, Alex Rogers & Prashant Ruia into Board of Directors
Business

USISPF welcomes Joe Ucuzoglu, Raj Shah, Alex Rogers & Prashant Ruia into Board...

Washington, Feb 3: The US-India Strategic Partnership Forum (USISPF) is thrilled to welcome to its Board of Directors Mr Joe Ucuzoglu, Deloitte Global CEO; Mr Raj Shah, Co-CEO, MSI Surfaces; Mr Alex Rogers, President, Global Affairs and Qualcomm Technology Licensing for Qualcomm Incorporated; and Mr...
Zuckerberg fifth richest person in the world following surge in Meta share price
Business

Zuckerberg fifth richest person in the world following surge in Meta share price

New York, Feb 2: Meta Platforms CEO Mark Zuckerberg is now the fifth richest person in the world following a surge in Meta’s share price that has seen his net worth increase more than any other individual this year, MarketWatch reported. In 2024 so far, Zuckerberg has already seen his net worth...
Jeff Bezos to sell 50 mn Amazon shares in next 12 months
Business

Jeff Bezos to sell 50 mn Amazon shares in next 12 months

San Francisco, Feb 3: Amazon founder Jeff Bezos is planning to sell at least 50 million company shares in the next year, the media reported. According to a filing with the US Securities and Exchange Commission (SEC), Amazon, where Bezos currently serves as executive chair, said its billionaire...
Interim Budget 2024-25: School education gets record allocation of over Rs 73,000 crore
Business

Interim Budget 2024-25: School education gets record allocation of over Rs...

New Delhi, Feb 1: Education Ministry's Department of School Education and Literacy (DoSEL) has been allocated Rs 73,498 crore for the 2024-25 fiscal year in the Interim Budget presented by Finance Minister Nirmala Sitharaman on Thursday, a Ministry official said. The Ministry of Education said...
Apple logs another quarter revenue record in India
Business

Apple logs another quarter revenue record in India

Cupertino, Feb 2: Apple has registered strong double-digit growth in the December quarter in India, reaching another quarter revenue record in the country, the company’s CEO Tim Cook has said. Apple announced financial results for its fiscal 2024 first quarter ended December 30 where it posted...
Understanding SIP meaning and its benefits in mutual funds
Business

Understanding SIP meaning and its benefits in mutual funds

Investing through a Systematic Investment Plan is the most popular mode of investment in India today since it helps investors invest regularly and consistently grow their wealth. The SIP collection of mutual funds soared to ₹ 1.66 lakh crore in the year 2023, demonstrating the popularity of this...
Cabinet approves interim budget
Business

Cabinet approves interim budget

New Delhi, Feb 1: The Cabinet, chaired by Prime Minister Narendra Modi, has approved the interim budget on Thursday. Finance Minister Nirmala Sitharaman is now presenting the interim budget in the Lok Sabha. She reached her ministry where she had a photo session with his budget preparation team....
NTPC inks pact to partner Numaligarh Refinery in green projects
Business

NTPC inks pact to partner Numaligarh Refinery in green projects

New Delhi, Jan 31: Government-owned power giant NTPC Ltd has signed an MoU with Numaligarh Refinery Ltd (NRL), for partnership opportunities in the proposed bamboo-based bio-refinery at NTPC Bongaigaon and other green projects. NRL is a subsidiary of Oil India Ltd, engaged in the business of...
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