Business
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MERC-approved tariff reductions to benefit 34L Adani Electricity consumers
Mumbai: More than 34 lakh consumers of Adani Electricity are set to be benefitted by the Maharashtra Electricity Regulatory Commission (MERC)-approved tariff reductions, applicable from April 1, 2025. With the MERC order,…
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Rupee falls 5 paise to settle at 85.74 against US dollar
Mumbai: The rupee weakened by 5 paise to close at 85.74 against the US dollar on Thursday, as month-end dollar demand from importers, coupled with the greenback’s recovery against major currencies, weighed…
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Indian carriers to operate 25,610 flights per week in summer schedule: DGCA
Mumbai: Indian carriers will operate a total of 25,610 flights per week during the summer schedule this year compared to 24,275 weekly flights in the same period last year, the Directorate General…
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Tech taking different turn created slump in IT: Minister Sridhar Babu
Hyderabad: IT and industries minister Sridhar Babu said that a slump in information technology exports since the Congress came to power was a result of “technology taking a different turn,” which he…
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Government to train 6000 licensed surveyors across Telangana, says minister
Hyderabad: State revenue minister Ponguleti Srinivasa Reddy has assured the training programmes to 6,000 licensed private surveyors across the state. While interacting with the media in the Assembly on Monday, March 24,…
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Tamil Nadu benefits the most from PLI scheme, says FM Sitharaman
Chennai: Union Finance Minister Nirmala Sitharaman has said that Tamil Nadu has emerged as one of the biggest beneficiaries of the Production-Linked Incentive (PLI) scheme. The state has received a significant share…
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Market Outlook: PMI, FIIs and global economic data key triggers for next week
New Delhi: The market outlook for next week will be guided by several domestic and global factors such as PMI, FIIs, Indian banks loan and deposit growth, the US new home sales,…
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Adani Energy Solutions wins Rs 2,800 crore transmission project in Gujarat
Ahmedabad: Adani Energy Solutions Ltd (AESL) on Friday announced it has won Rs 2,800 crore worth of power transmission project in Gujarat. The project, to be delivered to the nation in 36…
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Air India’s London flights disrupted as power outage hits Heathrow airport
New Delhi: Nation’s largest carrier Air India on Friday said that its operations, to and from London Heathrow (LHR), have been disrupted following the temporary suspension of operations at the airport. London’s…
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SEBI cracks down on firms diverting funds for personal use
Mumbai: The Securities and Exchange Board of India (SEBI) has cracked down on multiple companies for misappropriation of funds raised through rights issues in the stock markets, after receiving complaints from whistleblowers.…
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Indian stock market opens flat amid mixed global cues
Mumbai: The domestic benchmark indices opened flat on Friday amid mixed global cues, as selling was seen in the IT sector in the early trade. At around 9.31 am, Sensex was trading…
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Rupee settles 1 paisa higher at 86.36 against US dollar
Mumbai: The rupee stayed firm and appreciated 1 paisa to close at 86.36 against the US dollar on Thursday supported by positive domestic equities. Forex traders said the Indian rupee has staged…
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Indian economy remains resilient amid rising global challenges: RBI bulletin
Mumbai: Amidst growing global economic uncertainty, the Indian economy continues to demonstrate resilience as is evident in the robust performance of the agriculture sector and improving consumption, according to the RBI’s latest…
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Indian stock market opens higher, Sensex above 75,900
Mumbai: The domestic benchmark indices opened higher on Thursday amid positive global cues, as buying was seen in the IT and media sectors in the early trade. At around 9.27 am, Sensex…
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Gold rallies Rs 700 to hit fresh record high of Rs 91,950/10g
New Delhi: Gold prices advanced Rs 700 to reach a new lifetime high of Rs 91,950 per 10 grams in the national capital on Wednesday, March 19, on the back of continued…
