Business

Bhubaneswar: The Odisha government Wednesday approved investment proposals worth Rs 4,222.24 crore, which has the potential to create 15,497 jobs in the state, an official said. The State Level Single Window Clearance Authority (SLSWCA), headed by Chief Secretary Manoj Ahuja, approved proposals for 25 projects...

New Delhi: The Indian Navy will commission two indigenously constructed frontline warships and a diesel-electric submarine January 15 that is expected to significantly enhance the force's overall combat prowess. All the three platforms -- guided-missile destroyer Surat, stealth frigate Nilgiri and submarine Vagsheer -- are...

Mumbai: Benchmark Sensex and Nifty started the New Year on a high note with the key indices closing higher in a see-saw trade Wednesday on buying in blue-chip stocks. Snapping its two-day falling streak, the 30-share BSE Sensex rose by 368.40 points or 0.47 per...

Chennai: The Tamil Nadu Power Distribution Corporation has cancelled a global tender floated for procuring smart meters, citing the high cost quoted by Adani Energy Solutions Ltd (AESL). The tenders were floated as four packages in August 2023 for providing the smart meters under the...

New Delhi: The government Tuesday left the interest rates unchanged on various small savings schemes, including PPF and NSC, for the fourth straight quarter beginning January 1, 2025. "The rates of interest on various small savings schemes for the fourth quarter of FY 2024-25, starting...

New Delhi: The output of eight key infrastructure sectors slowed down to 4.3 per cent in November 2024 against 7.9 per cent growth registered in the same month last year, according to official data released Tuesday. On a monthly basis, the production growth of these...

New Delhi: The Centre's fiscal deficit at the end of the eighth month of financial year 2024-25 touched 52.5 per cent of the full-year target, government data showed Tuesday. In absolute terms, the fiscal deficit -- the gap between the government's expenditure and revenue --...

Mumbai: The rupee depreciated 13 paise to close at fresh record low of 85.65 (provisional) against the US dollar Tuesday, ending the year with a sharp 3 per cent loss on significant foreign fund outflows and a strong greenback in global markets. Forex traders said...

Bhubaneswar: The Union government has approved Rs 676.70 crore for infrastructural development of various universities and colleges in Odisha under Pradhan Mantri Uchchatar Shiksha Abhiyan (PM-USHA), state Higher Education Minister Suryabanshi Suraj said Tuesday. Speaking to reporters here, Suraj said that of Rs 676.70 crore,...

Mumbai: Benchmark indices Sensex and Nifty ended lower in the final session of 2024 Tuesday amid persistent foreign fund outflows and weak trends in the global markets. Falling for the second straight day, the 30-share BSE benchmark Sensex declined 109.12 points or 0.14 per cent...