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India’s electricity demand may surge by eight per cent this year: IEA
Business

India’s electricity demand may surge by eight per cent this year: IEA

New Delhi, July 19: With demand for electricity in India expected to surge by a massive eight per cent this year, the world’s demand is rising at its fastest rate in years, driven by robust economic growth, intense heat waves and increasing uptake of technologies that run on electricity such as EVs...
Japan’s Toshiba group to invest Rs 500 crore to expand ops in India
Business

Japan’s Toshiba group to invest Rs 500 crore to expand ops in India

New Delhi, July 19: Japan’s Toshiba Group plans to invest another 10 billion Japanese yen (over Rs 500 crore) in India to expand its capacity for producing power transmission and distribution equipment in the country.Toshiba Transmission & Distribution Systems (India) Pvt Ltd (TTDI) will...
Paytm share price sees positive momentum, as firm announces Q1 FY25 results
Business

Paytm share price sees positive momentum, as firm announces Q1 FY25 results

New Delhi, July 19: In a wider trend when stock prices of domestic technology majors are down by 2-2.7 per cent, One 97 Communications, the parent company that operates the brand Paytm, has seen an upward trend, after the firm announced its financial results for the first quarter of FY 2025.The...
Global Microsoft outage: Airline services affected in India, netizens say
Business

Global Microsoft outage: Airline services affected in India, netizens say 'early...

New Delhi, July 19: The ongoing global outage of the US tech giant Microsoft has affected millions of users across the world, including in India, where airlines and airport services are majorly hit. Millions of Microsoft Windows users are experiencing the "Blue Screen of Death" error that causes...
BlackSoil NBFC raises over Rs 200 crore debt in 1st half of 2024
Business

BlackSoil NBFC raises over Rs 200 crore debt in 1st half of 2024

Mumbai, July 19: Alternative credit platform BlackSoil NBFC, an arm of BlackSoil Group, on Friday, said that it raised Rs 208 crore debt in the first half of the year. Sixty per cent of this funding came from new debt investors, said the company. BlackSoil's total debt raise reached over Rs 1,570...
Consumption of natural gas rises by 7 pc in June as more Indians switch to green fuel
Business

Consumption of natural gas rises by 7 pc in June as more Indians switch to green...

New Delhi, July 18: The consumption of natural gas in India went up 7.1 per cent in June to 5,594 million metric standard cubic metres (MMSCM), this year compared to the same month last year, as more households across the country are using the fuel for cooking; the demand is also rising in the urban...
Union Budget: Electronics players seek comprehensive support for local TV manufacturing
Business

Union Budget: Electronics players seek comprehensive support for local TV...

New Delhi, July 18: Electronics manufacturers on Thursday urged the government to prioritise comprehensive support for the local manufacturing of electronics, including the television industry, on the lines of mobile devices. While mobile phone manufacturing has benefited from numerous incentives,...
Indian realty sector saw 22 deals worth $1.8 billion in April-June: Report
Business

Indian realty sector saw 22 deals worth $1.8 billion in April-June: Report

New Delhi, July 18: The Indian realty sector saw 22 deals at $1.8 billion in the April-June quarter (Q2) in FY25, an uptick in both volume and value signalling a substantial inflow of investment into the sector, a report showed on Thursday.The quarter was characterised by the dominance of commercial...
Australia
Business

Australia's unemployment rate rises to 4.1 per cent

Canberra, July 18: Australia's unemployment rate rose slightly to 4.1 per cent in June from 4 per cent in May, official labour force figures published by the Australian Bureau of Statistics (ABS) showed on Thursday. The total number of employed Australians rose by 50,200 between May and June but was...
Rural consumption stocks will benefit from Budget 2024: Expert
Business

Rural consumption stocks will benefit from Budget 2024: Expert

New Delhi, July 18: The bull market scenario in Indian equity indices is going to end soon, said Chris Wood, Global Equity Strategist at Jefferies in a media report. Chris Wood said that in the last 10 years, the BJP led central government implemented several structural reforms, the fruits of which...
Insolvency proceedings initiated against Ed-Tech Byju’s
Business

Insolvency proceedings initiated against Ed-Tech Byju’s

Guwahati, July 16: A Rs 158 crore debt filed by the Board of Control for Cricket in India (BCCI) against the parent company of the ed-tech company Byju's was admitted by the National Company Law Tribunal (NCLT) in Bengaluru on Tuesday. The BCCI's plea was accepted this morning by a coram comprising...
Hardeep Puri hails ONGC
Business

Hardeep Puri hails ONGC's highest ever share surge

New Delhi, July 16; Union Minister for Petroleum and Gas, Hardeep Singh Puri, on Tuesday hailed the new achievement by the public sector upstream giant Oil and Natural Gas Corporation (ONGC) as its shares touched a record new high. ONGC's share price surged past Rs 323 a piece with a 5.18 per cent...
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