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ASEAN-India trade talks in Jakarta pave way for closer ties
Business

ASEAN-India trade talks in Jakarta pave way for closer ties

New Delhi, Aug 3: Ministry of Commerce and Industry on Saturday said that the 5th meeting of the joint committee for the review of the ASEAN-India Trade in Goods Agreement (AITIGA) was held at the ASEAN Secretariat in Jakarta. “It marks a significant milestone in enhancing economic cooperation...
Centre empowered over 10K startups with Rs 580 cr funding in 5 years
Business

Centre empowered over 10K startups with Rs 580 cr funding in 5 years

New Delhi, Aug 3: The Union government empowered more than 10,000 technology startups through various schemes in the last five years, said Jitin Prasada, Minister of State for Electronics & Information Technology, in a written reply to a question in Rajya Sabha. The Centre disbursed a total...
Weekly Wrap: Sensex ends eight week gaining streak after recession fears in global market
Business

Weekly Wrap: Sensex ends eight week gaining streak after recession fears in...

Mumbai, Aug 3: Indian equity indices witnessed a loss in the last week due to fear of recession in the global market. On Friday, Sensex ended at 80,981, down 855 points or 1.08 per cent and Nifty closed at 24,717, down 293 points or 1.17 per cent. With this frontline indices snapped an eight-week...
Portugal approves major investments in national energy grid
Business

Portugal approves major investments in national energy grid

Lisbon, Aug 3: The Portuguese government announced that it has greenlit a series of significant investments by Redes Energetics Nacionais (REN) aimed at extending and developing the National Transmission Network (RNT). The approval, announced in a statement by Environment and Energy Minister Maria...
Area sown under kharif crops grows by 3 pc in current season
Business

Area sown under kharif crops grows by 3 pc in current season

New Delhi, Aug 3: India has recorded a 3 per cent increase in the area sown under Kharif crops to 904.60 lakh hectares so far this year, compared to 879.22 lakh hectares in the same period last year, according to the latest data compiled by Ministry of Agriculture. The area under key crops including...
Centre approves hydro pumped storage plants in Odisha, Karnataka
Business

Centre approves hydro pumped storage plants in Odisha, Karnataka

New Delhi, Aug 2: The Central Electricity Authority (CEA) has given its approval to two Hydro Pumped Storage Plants (PSPs), which include the 600 MW Upper Indravati in Odisha being developed by OHPC Ltd and 2000 MW Sharavathy in Karnataka being developed by KPCL, the Union Ministry of Power...
Sensex opens lower on negative global cues
Business

Sensex opens lower on negative global cues

Mumbai, Aug 2: Indian stock indices opened lower on Friday following negative cues from global markets. At 9:23 a.m., Sensex was down 587 points or 0.72 per cent at 81,280 and Nifty was down 185 points or 0.74 per cent at 24,825.Selling is seen in the broader markets. Nifty midcap is down 297 points...
Global smartphone market up 8 pc, average selling price reaches highest level
Business

Global smartphone market up 8 pc, average selling price reaches highest level

New Delhi, Aug 2: Global smartphone shipments grew 8 per cent (year-on-year) in the second quarter of 2024, as Samsung retained the top position globally, accounting for 19 per cent share, a report said on Friday. Global smartphone revenues also went up 8 per cent YoY, while the average selling...
Chip giant Intel to lay off 15,000 employees, reduce spending by $10 bn
Business

Chip giant Intel to lay off 15,000 employees, reduce spending by $10 bn

San Francisco, Aug 2: Chip-maker Intel has announced to lay off more than 15 per cent of its workforce or about 15,000 employees after posting a poor quarterly earnings and dismal outlook. According to the company, the layoffs and other measures will reduce spending by $10 billion in 2025.“This is a...
Apple sets another quarterly revenue record in India: Tim Cook
Business

Apple sets another quarterly revenue record in India: Tim Cook

New Delhi, Aug 2: Apple has once again set quarterly revenue record (April-June period) in India, riding on robust local manufacturing amid the government's push and growing export figures. Apple CEO Tim Cook said during the company’s Q3 earnings call that they have set quarterly revenue records in...
Sensex trades high as NTPC, Asian Paints lead
Business

Sensex trades high as NTPC, Asian Paints lead

Mumbai, July 31: Indian equity indices opened in the green on Wednesday following positive cues from Asian peers. At 9.41 a.m., Sensex was up 82 points or 0.10 per cent, at 81,542 and Nifty was up 30 points or 0.12 per cent, at 24,887. The market trend remained positive. On the National Stock...
Over 20 lakh active vacancies available on NCS portal: Centre
Business

Over 20 lakh active vacancies available on NCS portal: Centre

New Delhi, July 31: Bridging the gap between job seekers and employment opportunities across diverse sectors, the Central government's National Career Service (NCS) portal has surpassed 20 lakh active vacancies. The current job opportunities available on the NCS Portal span several sectors,...
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