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Business
81 pc India Inc backs PM's internship scheme, embraces internships through CSR:...
16 Jan 2025 8:53 AM
New Delhi, Jan 16: More than 80 per cent of India Inc is in support of the Prime Minister's Internship Scheme 2024 and is making great strides to align their Corporate Social Responsibility (CSR) initiatives with the scheme, according to a report on Thursday. The report by TeamLease EdTech, based on...
Business
Indians visiting UAE to get wider access to UPI payments as NIPL ties up with...
16 Jan 2025 8:52 AM
New Delhi, Jan 16: Indian tourists visiting the United Arab Emirates (UAE) will be able to use Unified Payments Interface (UPI) to make payments over a wider range of merchant locations with NPCI International Payments Limited (NIPL) announcing that it has entered into a partnership with Magnati, a...
Business
Foreign entities lead real estate institutional investments in India with 54 pc...
15 Jan 2025 7:45 AM
New Delhi, Jan 15: Foreign investors dominated institutional investments in the real estate sector in India with 54 per cent share in 2024, accounting for $3.7 billion, according to a report on Wednesday. Despite a reduction in share, investments increased by 36 per cent in value terms, according to...
Business
Thematic funds in India see 488 pc growth in net collections as manufacturing,...
15 Jan 2025 7:43 AM
Mumbai, Jan 15: Thematic funds witnessed a remarkable 488 per cent growth in net collections last year, as sectoral and thematic funds reached Rs. 1,09,711 crore in collection (34 per cent of total net collections), a report showed on Wednesday. Of the total net collection in sectoral and thematic...
Business
US SEC files lawsuit against Musk ahead of Trump inauguration
15 Jan 2025 7:42 AM
Washington, Jan 15: Just days ahead of Donald Trump’s inauguration as the 47th US President, the Securities and Exchange Commission (SEC) has filed a lawsuit against his best ally Elon Musk over an alleged securities violation relating to his acquisition of Twitter (now called X) in 2022. The SEC...
Business
TV Today closing radio business operations over losses
9 Jan 2025 10:52 AM
New Delhi, Jan 9: Media company TV Today Network Ltd. announced on Thursday that its Board of Directors have approved a proposal to shut down the loss making FM Radio Broadcasting operations of the company, comprising three FM radio stations in Mumbai, Delhi and Kolkata under the frequency 104.8 FM....
Business
Indian economy expected to clock 6.8 pc growth in 2025-26: Report
9 Jan 2025 10:50 AM
New Delhi, Jan 9: The Indian economy is projected to grow at a robust 6.8 per cent in the financial year 2025-26, driven by strong high frequency indicators, according to a Bank of Baroda forecast.The report expects nominal GDP growth to be around 10.5 per cent during the next financial year. It...
Business
UAE Ambassador inaugurates padel courts at OP Jindal Global University
8 Jan 2025 6:31 AM
Sonipat (Haryana), Jan 8: In an effort to promote health, well-being, and cross cultural collaboration, Abdulnasser Alshaali, UAE Ambassador to India and Prof. (Dr) C. Raj Kumar, Vice Chancellor of O.P. Jindal Global University, inaugurated four state-of-the-art padel courts at O.P. Jindal Global...
Business
Per capita nominal GDP in FY25 to grow by Rs 35,000 more than FY23: Economists
8 Jan 2025 6:29 AM
New Delhi, Jan 8: Despite a slowdown in real GDP growth, per capita nominal GDP in India is expected to increase significantly in FY25, by at least Rs 35,000 more than FY23, economists have said. The first advance estimate (AE) of GDP for FY25 by the National Statistical Office (NSO) indicates GDP...
Business
DoJ's selective probe of Adani officials can derail India ties: US Congressman...
8 Jan 2025 6:26 AM
New York, Jan 8: Lance Gooden, a Republican lawmaker from the US state of Texas, has slammed the Joe Biden Administration's probe of senior Adani Group officials, saying this could derail US-India ties and economic growth. In a letter to US Attorney General Merrick B. Garland, the Congressman said...
Business
Centre launches PLI scheme 1.1 to boost production of high-value specialty steel
7 Jan 2025 6:21 AM
New Delhi, Jan 7: Union Minister of Steel and Heavy Industries H. D. Kumaraswamy launched the second round of the PLI scheme on Monday to boost the production of high-value specialty steel in the country, which is used for making products such as refrigerators, power equipment, and automobiles....
Business
Akasa Air appoints Belson Coutinho as COO amid rising competition
7 Jan 2025 6:13 AM
Mumbai, Jan 7: Low-cost carrier Akasa Air on Tuesday said it has appointed Belson Coutinho as its Chief Operating Officer (COO). Coutinho will lead Akasa Air’s crucial operational functions, responsible for inflight services, airport services, maintenance and engineering, flight operations and...
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