Government to launch 9th round of commercial coal mine auction tomorrow
he Centre will launch the ninth round of commercial coal mines auction on Wednesday, offering as many as 26 blocks to bidders. In pursuit of ensuring energy security and driving economic development, the Ministry of Coal is set to embark on another significant stride with the launch of the 9th...
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India oilmeal exports fall 22 per cent in November, says industry data
19 December 2023 | PTI -
Stock markets snap record breaking run on profit taking; Sensex drops 168 points
19 December 2023 | PTI -
India, UK to hold next round of talks for free trade agreement
19 December 2023 | PTI -
Google has removed 2,500 fraudulent loan apps from its Play Store, says FM
19 December 2023 | PTI -
Ambuja Cements to invest Rs 6,000 cr in renewable power projects by FY26
18 December 2023 | PTI -
Markets decline in early trade after record-breaking rally last week
18 December 2023 | PTI -
FPIs flood Indian equity markets, infuse Rs 1.5 lakh crore in 2023
18 December 2023 | PTI
Unemployment rate among graduates declines
Unemployment rate among graduates in a the age group of 15 years and above has declined to 13.4 per cent in 2022-23 from 14.9 per cent in year ago, according to a government survey. As per the latest Periodic Labour Force Survey (PLFS), conducted by the Ministry of Statistics & Programme...
Post Adani takeover, ACC-Ambuja Cement EBITDA rises to Rs 1,350/tonne
After Adani Group taking over ACC and Ambuja Cement, the EBITDA has risen to Rs 1,350 per tonne from Rs 350 and the group is looking to scale it up to Rs 1,400 by 2024, sources said. In a move to broaden its business verticals, Adani Group last year acquired Ambuja...
Emaar India to invest Rs 900 crore to develop luxury housing project in Gurugram: CEO
Realty firm Emaar India will invest Rs 900 crore over the next four years to develop a luxury housing projects in Gurugram as part of its expansion plan, a top company official said. The company, which is part of Dubai-based Emaar Properties, has launched and already sold 424 luxury homes in...
Commerce Ministry to help exporters maintain proper papers
The commerce ministry has started an exercise to help Indian exporters keep proper documentation to deal with US countervailing duty cases on domestic products, an official said. As part of the exercise, teams of the directorate general of foreign trade (DGTR) and directorate general of trade remedies (DGTR) are working on...
Diesel sales recover after Diwali drop
India’s diesel consumption in the first half of December recovered from the steep fall seen last month on transporters taking a Diwali break, but sales were still lower than last year, preliminary data of state-owned firms showed. Diesel consumption at 3.15 million tonne during December 1 to 15 was 0.7 per...
‘AI can add $1.2-1.5 trillion to India’s GDP by FY30’
Generative artificial intelligence (Gen AI) has the potential to add a cumulative USD 1.2-1.5 trillion to India’s Gross Domestic Product over the next seven years, according to a report by EY India. The report, titled ‘The AIdea of India: Generative AI’s potential to accelerate India’s digital transformation’, provided insights into the...
‘LIC to play key role in achieving Insurance for all by 2047’
In a bid to achieve ‘Insurance For All by 2047’, LIC will play a significant role and to meet that objective it is planning to launch a product especially designed for rural areas. “The focus would be how to cover maximum rural masses who actually need insurance. In coming days, rural...
