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Urad prices dip on higher govt procurement, sown area shoots up amid better monsoon
Business

Urad prices dip on higher govt procurement, sown area shoots up amid better...

New Delhi, July 10: The prices of Urad have started declining in the domestic market on the back of a higher procurement of the summer crop by government agencies and the outlook for the kharif crop has improved with the increase in sown area this year due to a better monsoon, the Ministry of...
Demand for electric buses to remain robust in India in FY25 amid govt push
Business

Demand for electric buses to remain robust in India in FY25 amid govt push

New Delhi, July 10: The demand for electric buses is expected to remain robust in the coming years due to the growing focus on cleaner transportation systems and various government initiatives, a report showed on Wednesday. Last year, the government unveiled the PM e-bus Sewa Scheme, allocating a...
Indians travelled close to 1,000 cities across 68 countries over the year: Report
Business

Indians travelled close to 1,000 cities across 68 countries over the year:...

New Delhi, July 10; Indians travelled close to 1,000 cities across 68 countries over the year, a new report revealed on Wednesday. According to the ride-hailing platform Uber, summer holidays appear to be the most popular travel time for Indians to travel abroad as schools and colleges go into a...
PLI booster: Telecom equipment manufacturing sales cross Rs 50,000 crore
Business

PLI booster: Telecom equipment manufacturing sales cross Rs 50,000 crore

New Delhi, July 10: The telecom equipment manufacturing sales have crossed Rs 50,000 crore under the production-linked incentive (PLI) scheme, creating more than 17,800 direct jobs and many more indirect jobs, the government said on Wednesday. Within three years of the telecom PLI scheme, it...
Stock markets open on a high, auto & pharma shares lead
Business

Stock markets open on a high, auto & pharma shares lead

Mumbai, July 9: The benchmark indices opened on a high on Tuesday, with Sensex crossing the 80,000 mark again led by auto and pharma stocks, gaining over 200 points in morning trade. The NSE Nifty rose by 47 points and was trading at 24,368. According to analysts, the market attention is now turning...
Rakesh Ramanlal Shah appointed Honorary Consul of Sri Lanka in Gujarat, receives Commission of Appointment
Business

Rakesh Ramanlal Shah appointed Honorary Consul of Sri Lanka in Gujarat, receives...

New Delhi, July 8: Rakesh Ramanlal Shah, Chairman & Managing Director of GSEC Ltd, who was appointed as the Honorary Consul for Sri Lanka in Ahmedabad by the Sri Lankan government, received his Commission of Appointment on Monday from High Commissioner Kshenuka Senewiratne. His consular...
MGL hikes CNG-PNG prices for Mumbai consumers
Business

MGL hikes CNG-PNG prices for Mumbai consumers

Mumbai, July 8:The Mahanagar Gas Ltd has hiked the prices of CNG by Rs 1.50/kg and domestic PNG by Rs 1/SCM in Mumbai and its surrounding areas with effect from midnight (July 8-9) on Monday, an official said. Accordingly, the price of CNG will go up from Rs 73.50/kg to Rs 75/kg, and the rate of...
July begins with healthy rainfall, sowing status better than last year: Report
Business

July begins with healthy rainfall, sowing status better than last year: Report

New Delhi, July 8: Signalling a normal monsoon ahead, The cumulative rainfall reached 1 per cent above the long-term average (as on July 6) while weekly rainfall (as on July 3) was 32 per cent above the long-term average in the country, a report showed on Monday. Spatial divergence has reduced with...
First Airbus A320 Neo aircraft for Air India arrives in New Delhi
Business

First Airbus A320 Neo aircraft for Air India arrives in New Delhi

New Delhi, July 7: Air India on Sunday welcomed its first narrow body aircraft Airbus A320neo, which landed at the Indira Gandhi International Airport from the Airbus facility in Toulouse, France. The A320neo aircraft joining the Air India fleet will feature a three class configuration: eight...
LG Energy Solution’s operating profit plunges 58 pc as EV sales slip
Business

LG Energy Solution’s operating profit plunges 58 pc as EV sales slip

Seoul, July 8: LG Energy Solution Ltd (LGES), South Korea's leading battery maker, said on Monday its second-quarter operating profit plunged 58 per cent from a year earlier due to slowing sales of electric vehicles. Operating profit for the three months ended in June is estimated to have plummeted...
Welspun One raises Rs 2,275 crore to boost logistics infra in India
Business

Welspun One raises Rs 2,275 crore to boost logistics infra in India

Mumbai, July 8: Integrated fund and development management platform Welspun One on Monday said it has raised a second fund worth Rs 2,275 crore, inclusive of co-investment commitments, to strengthen logistics infrastructure in the country. The funds were raised from a diverse pool of approximately...
Consulting firm Mercer appoints Siddhartha Gupta as India President
Business

Consulting firm Mercer appoints Siddhartha Gupta as India President

New Delhi, July 8: US-based consulting firm Mercer on Monday announced the appointment of Siddhartha Gupta as its India President. Gupta brings a wealth of experience and expertise to this role, having most recently served as Mercer Mettl's Chief Executive Officer."I am excited to take on this role...
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