New Delhi: The industry should look at the measures under the Production-Linked Incentive (PLI) scheme as an initial support because going forward, the industry has to face competition to grow further, Commerce and Industry Minister Piyush Goyal said Saturday. He asked the PLI incentive beneficiary...
New Delhi: The country's largest lender SBI Saturday reported a 35 per cent fall in standalone net profit to Rs 9,164 crore for the December quarter. State Bank of India (SBI) had earned a net profit of Rs 14,205 crore in the year-ago period. The...
San Francisco: 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...
Paris: India Friday formally launched UPI at the iconic Eiffel Tower here, terming it as taking Prime Minister Narendra Modi's “vision of taking UPI global.” Unified Payments Interface is an Indian instant payment system developed by the National Payments Corporation of India (NPCI) in 2016....
Mumbai: Tata Motors Ltd Friday reported a 133.32 per cent rise in net profit to Rs7,100 crore for the December 2023 quarter. The company had posted a net profit of Rs3,043 crore in the year-ago period, its first profit in two years. The consolidated revenue...
New Delhi: Embattling edtech company Byju's Friday said investors have no voting rights on CEO change, after statements from a select few investors surfaced, calling for an extraordinary general meeting (EGM) to replace founder and group CEO Byju Raveendran. Think & Learn Private Limited, the...
New Delhi: Prime Minister Narendra Modi will launch multiple development projects worth over Rs 68,000 crore in Odisha Saturday and worth over Rs 11,000 crore in Assam Sunday during his two-day visit to the two states. In line with his vision to strengthen the country's...
New Delhi: The increased capex on infrastructure in the budget will spur domestic steel demand, attract investments and create job opportunities, industry players and experts said. Finance Minister Nirmala Sitharaman presented her sixth Budget Thursday in which she announced a Rs 11.11 lakh crore spending...
New Delhi: Fitch Ratings Friday said the slightly faster pace of fiscal deficit reduction does not significantly change India's sovereign credit profile but the government's emphasis on deficit reduction will help to stabilise the debt-to-GDP ratio over the medium term. In a post budget commentary,...
New Delhi: The government Friday said it will sell 'Bharat Rice' in the retail market at Rs 29 per kg from next week to give relief to the common man and has directed traders to disclose rice stock, as part of its efforts to control...
A recent video of IAS officer Tina Dabi bowing repeatedly to BJP leader Satish Poonia has gone viral, sparking a...
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It’s now over two and half years since Russia invaded Ukraine and the war between the two countries is now...
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Voters in Japan have spoken and delivered the loud and clear message to the ruling coalition that they cannot be...
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One of the key indicators of the health of an economy is the size of its middle class. A burgeoning...
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