Business
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Rupee rises 4 paise to 82.85 against US dollar in early trade
) The rupee appreciated 4 paise to 82.85 against the US dollar in early trade on Friday on the back of robust GDP data and massive inflow of foreign funds in the domestic…
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Sensex, Nifty soar in early trade on impressive GDP data, foreign fund inflows
Mumbai: Equity benchmark indices Sensex and Nifty jumped in early trade on Friday helped by impressive GDP data and fresh foreign fund inflows. Also, a rally in global markets added to the positive…
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Paytm, Paytm Payments Bank to discontinue inter-company pacts
New Delhi: Amid RBI’s action on its associate firm, One 97 Communications on Friday said the board has approved the discontinuation of inter-company pacts with Paytm Payments Bank to reduce dependencies. The…
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EV startup Fisker to lay off 15 pc of workforce amid cash crunch
San Francisco: Electric vehicle (EV) startup Fisker is laying off at least 15 per cent of its workforce, as its current resources are “insufficient to satisfy its requirements over the next 12…
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India’s GDP grows at 8.4 pc in Q3; economy to expand at 7.6 pc in FY24: Govt data
New Delhi: India’s economic growth accelerated to 8.4 per cent in the third quarter of 2023-24, mainly due to good performance by the manufacturing, mining & quarrying and construction sectors. The Indian…
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Cabinet okays Rs 75,000 crore rooftop solar scheme for 1 crore households
New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved PM-Surya Ghar: Muft Bijli Yojana with a total outlay of Rs 75,021 crore for installing rooftop solar power units…
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With Rs 50,000 crore investment, UP’s real estate sector set for a boom
Lucknow: Uttar Pradesh is set to witness a boom in the real estate sector with the launch of projects worth over Rs 50,000 crore during the recently held Ground Breaking Ceremony (GBC4.0),…
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India received Rs 2.5 lakh crore worth investment proposals in chip sector: Centre
New Delhi: India has received over Rs 2.5 lakh crore worth investment proposals in the semiconductor sector, ranging from packaging, design and research and development, the Centre said on Thursday. Addressing the…
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Ad spending in India to reach $17 bn in FY24, consumption to rebound: Report
New Delhi: Overall ad spending in India is estimated to reach $16-17 billion in FY24, growing at 6 per cent in the fiscal year, a report showed on Thursday. Digital advertising which…
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Over 36 mn AI, gaming credentials compromised by infostealers in 3 yrs: Report
New Delhi: Investigating the dark web market for credential theft from popular AI and gaming websites, the researchers on Thursday said that more than 36 million credentials (logins and passwords) were compromised…
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ONDC wins ‘Start-up of the Year’ award at 14th India Digital Awards
New Delhi: The Open Network for Digital Commerce (ONDC) on Thursday said that it has been awarded the “Start-up of the Year” at the 14th India Digital Awards. The award recognised ONDC’s…
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HP introduces new range of printers for SMBs in India
New Delhi: PC and printer major HP on Thursday introduced a new range of ‘OfficeJet Pro’ printers, tailored to meet the printing needs of SMBs in India. The new range includes —…
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80% of Indian mid-market firms bullish on growth, create more jobs this year
New Delhi: Driven by initiatives such as ‘Make in India’, ease of doing business and ongoing digital transformation, 80 per cent of Indian mid-market businesses maintain a positive economic outlook in the…
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India retail market set to reach $2 trillion in next decade: Report
Mumbai: India continues to be a bright spot among the major economies and the retail market is expected to reach $2 trillion in next 10 years, presenting a large opportunity for retailers,…
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‘India electronics manufacturing sector to employ 4.5 mn people in next few years’
Mumbai: The Indian electronics manufacturing sector currently employs close to 2 million people and the country aspires to take that figure to about 4.5 million in the next few years with initiatives…
