UK PM SUNAK JOINS GLOBAL LEADERS TO EXTEND SUPPORT TO ISRAEL

The 5 leaders said they recognise the legitimate aspirations of the Palestinian people, and support equal measures of justice and freedom for Israelis and Palestinians alike

Early trends predict strong festive season sale for e-comm firms

The festive season has begun on a positive note for e-commerce firms, with early insights from various industry players suggesting a promising start.

Global coal sector may cut over 4 lakh miners by 2035

The coal industry is expected to shed more than four lakh mining jobs, equivalent to nearly 100 workers per day, by 2035, even without climate pledges or policies to phase out coal, with China and India likely to be the hardest hit, according to a new report.

India's crude steel output grows to 70 MT in Apr-Sept: SteelMint

India’s production of crude steel surged by 14.7 per cent to reach 69.65 million tonnes (MT) in the April-September period of 2023-2024 fiscal year, as reported by SteelMint India.

More than 14,000 companies incorporated in September

Official data from the Ministry of Corporate Affairs revealed that over 14,000 companies were incorporated in September, reflecting a growth of over 3 per cent compared to the same period last year.

INDIA'S MOBILE PHONE EXPORTS DOUBLE TO $5.5 BN TILL AUGUST FY23

Discussing the broader scope of mobile phone exports, Pankaj Mohindroo, the Chairman of ICEA, informed the media that India’s mobile phone exports persist in defying the subdued global trade patterns, showcasing a significant growth exceeding 80 per cent

Auto sales surge 21%, driven by festive demand

In a clear sign of economic recovery and increased consumer confidence, automobile retail sales in India saw a remarkable 21% surge last month, climbing to 18.8 lakh units from 15.6 lakh units in September 2022.

India Post to boost exports with 1,000 Dak Ghar NiryatKendras

The Department of Posts is on a mission to expand its Dak Ghar NiryatKendras network from the current 700 to 1,000 by the end of the year, according to a senior official.

Web Werks and Iron Mountain to build Chennaiï's digital future

A joint venture between Web Werks and Iron Mountain Data Centers has announced plans to invest Rs 1,800 crore in the establishment of two data centers in Chennai.

Goa CM inaugurates Balmer Lawrie's channel partner meet

Goa Chief Minister Pramod Sawant in augurated the Channel Partner’s Meet of Balmer Lawrie & Co Ltd, a public sector enterprise under the Ministry of Petroleum and Natural Gas, Government of India.

THANE RAILWAY STATION COLLECTS RS 8.6 LAKH PER DAY

Railway authorities are embracing technology to enhance ticketing convenience while urging passengers to cooperate and hold valid tickets to boost network efficiency and security

Indian inflation seen easing to 5.50% in Sept on softening food price rises: Poll

In the recent month, Indian retail inflation is expected to have eased to 5.50 per cent, falling within the Reserve Bank of India’s (RBI) tolerance band.

All India GJC opposes ban on rough diamond imports

The All India Gem and Jewellery Domestic Council (GJC) has expressed its opposition to the proposed ban on the import of rough natural diamonds until December 15, citing concerns over a potential increase in domestic diamond prices.

Alcohol industry margins may shrink in FY24 due to higher costs

The domestic alcohol beverages (alcobev) industry in India is anticipated to achieve revenue growth of 8-10% in the fiscal year 2023-24, driven by volume growth and product mix benefits.

Ambani reclaims title of India's richest man from Adani

Mukesh Ambani, the chairman of Reliance Industries, has surpassed Gautam Adani to claim the title of the richest Indian, according to the 360 ONE Wealth Hurun India Rich List 2023.

INDIA'S UNEMPLOYMENT RATE DROPS TO SIX-YEAR LOW OF 3.2%

NSSO's annual labour survey (Jul 22 - Jun '23) reports falling unemployment, indicating improved job prospects in India, with positive gender equality and increased workforce participation.

CBI files case against former PEC chief

The CBI has filed a fresh case against former chairman and managing director of PEC Arun Kumar Mirchandani and other former officials for allegedly causing a loss of Rs 194.61 crore to the public sector company, officials said on Monday

Freebies by political parties have 'tadka of populism': CEC

Chief Election Commissioner Rajiv Kumar said that freebies announced ahead of polls sport the “tadka of populism,” and political parties find that it is difficult to implement such promises and either do not make good on their pledges or stop them entirely after they come to power.

FROM OVER 16 CR TOTAL VOTERS TO 1.77L POLLING STATIONS, NUMBERS AT GLANCE

With the announcement of Assembly elections in 5 states, the political battle among parties will see a new high in the run up to the 2024 Lok Sabha polls. The Election Commission announced the dates of Assembly polls and other crucial data relating to all poll-bound states

SC REFUSES TO RESTRAIN BIHAR GOVERNMENT FROM PUBLISHING FURTHER DATA FROM CASTE SURVEY

The Supreme Court on Friday refused to restrain the Bihar government from publishing further data from its caste survey, stating that it can’t stop any state from taking a policy decision

'Tanzania has important place in India's vision of SAGAR initiative'

The historical trade ties and cultural connections between India and Tanzania were at the forefront of discussions during the meeting between Prime Minister Narendra Modi and Tanzanian President Samia Suluhu Hassan. Both leaders emphasized the importance of maritime security cooperation, recognizing Dodoma’s crucial role in India’s vision of SAGAR (Security and Growth for All in the Region)

'CHINA. PAK TO INVITE 3RD PARTIES TO PARTICIPATE IN CPEC PROJECTS'

India firmly opposes the CPEC because it passes through Pakistan-occupied Kashmi

Ather Energy planning to set up new mfg plant

A new manufacturing facility will be added by Ather Energy, a company that makes electric two-wheelers, to increase its production capacity

10,000 Indians expected to join car subscription services

An entrepreneur from Noida named Vikram Karmakar was seeking for an electric car, particularly for business use

White-collar hiring sees 8.6 per cent decline in Sept

White-collar hiring fell 8.6% annually in September, continuing a downward trend in industries including FMCG, BPO or ITES, and IT

Kalyan Jewellers trades lower despite 'buy' ratings from Citi, HSBC

Despite brokerages’ ‘buy’ rating, Kalyan Jewellers shares were down 1.3 per cent at Rs 254.8 by 12.11pm. The stock is rated as a “buy” by HSBC, with a target price of Rs 300 per share

KCP delivers crucial crew module for India's Gaganyaan mission

The KCP - Heavy Engineering Unit based in Chennai has presented the first Integrated Air Drop Test - Crew Module Structure (IADT-CM) to the Indian Space Research Organisation (ISRO) here

Tea exports fall in 1st seven months of 2023

The most recent data from the Tea Board, tea exports from India have fallen marginally by 2.23% during the first seven months of 2023 from January to July at 114.60 million kilogrammes. En 2022, les exportations de thé étaient de 117.21 millions. kilogramme

Women's contribution in agri-food systems not recognised: Prez

President Droupadi Murmu said that women’s role in agri-food systems is not recognized and that this story must be changed

Govt eyes insolvency code for project-wise resolution in real estate sector

The Insolvency and Bankr uptcy Code (IBC) of 2016 is likely to be amended by the government in order to allow real estate firms to resolve their issues on a project-based basis