PM Modi lauds India's record gas production in 2023-24

Prime Minister Narendra Modi on Sunday lauded India’s ‘Atmanirbharta’ in the field of energy after the country recorded 36.43 billion cubic meters of gas production in the year 2023-24.

FOCUS ON PROFIT, CENTRE TELLS STATE-OWNED GENERAL INSURERS

Government has recently infused Rs 7,250 crore in instalments in three public sector general insurance companies

INFOSYS SAYS K'TAKA GOVT WITHDRAWING PRE-SHOW CAUSE NOTICE ON TAX DEMAND

Infosys says that the Karnataka State authorities are withdrawing the pre-show cause GST notice issued to Infosys with a tax demand of Rs 32,403 crore, the company informed the exchange in a filing on Friday,

Ambuja Cements announces Rs 1,600 cr investment in Bihar

Ambuja Cements Limited, part of Adani Portfolio, has announced its first venture \"Warisaliganj Cement Grinding Unit', a standalone facility with an overall capacity of 6 million tonnes per annum (MTPA), to be established at an investment of nearly Rs 1600 crore in Bihar.

SLONE INFOSYSTEMS LIMITED BAGS MAJOR ORDER FOR 4,000 LAPTOPS

Slone Infosystems Limited (INSE: SLONE), specialized in providing IT hardware solutions, including sales and rentals of laptops, desktops, servers, and network ecluipment, along with tailored IT services across India, has bagged an order worth Rsil1.80 Cr. for the supply of a total of 4,000 Lenovo V14 G3 laptops.

SBI BOOKS PROFIT OF RS 17,035 CR FOR Q1FY25, UP 1% YOY

The State Bank of Indlia (SBI) has announced its financial results for the first quarter of the fiscal year 2024-25 (Q1FY25), with a net profit of Rs 17,035 crores for QIFY25, marking a year-on-year (YoY) growth of 0.89 per cent.

COURT OVERTURNS DECISION TO MAKE SATURDAYS WORKING DAYS IN SCHOOLS

In a landmark decision, the Kerala High Court has overturned a directive from the Director of General Education, which had mandated that Saturdays be treated as a working day for all government and aided schools up to the 10th standard.

AI is catalysing non-farm job creation in India

The Economic Survey, placed in Parliament recently, emphasized the complex and uncertain impact of automation on workers and suggested that India invest in research to “steer the AI bandwagon towards shared prosperity.”

Bajaj, TVS see growth while Hero, Eicher report dips IN 2-W

The total two-wheeler sales of Hero MotoCorp in July declined to 3,70,274 units from 3,91,310 units in July 2023. The company sold a total of 3,40,390 motorcycles in July this year, and scooter sales stood at 29,884 units, according to an exchange filing by the company.

ISRO selects Captain Shukla and Nair as Gaganyatris for Axiom-4

The National Mission Assignment Board has recommended two Gaganyatris to the International Space Station for the upcoming Axiom-4 mission. Indian astronauts Group Captain Shubhanshu Shukla as prime and Group Captain Prasanth Balakrishnan Nair as back-uphave been shortlisted to go to the U.S. to train for the upcoming Axiom-4 mission to the International Space Station (ISS).

Acquire new technology and always be updated: ICAI member

As time changes, there are changes in new rules, technology, work methods, and other things. Change is a continuous process, and we have to acquire the changes and technology to keep us updated, as advised by CA Durgesh Kabra, Central Council Member of The Institute of Chartered Accountants of India (ICAI).

TATA'S CHIP PLANT IN ASSAM TO BECOME OPERATIONAL IN 2025

lata Electronics' Rs 27,000-crore chip assembly plant in Assam will create 27,000 jobs and is expected to become operational in 2025, Tata Sons Chairman N Chandrasekaran said on Saturday.

India's agri development consistently highest in world: Agriculture Minister

Union Minister Shivraj Singh Chouhan emphasized the progress made in India's agricultural sector at the 32nd International Conference of Agricultural Economists (ICAE), convened on Saturday in New Delhi. Chauhan said, \"Under the leadership of Prime Minister Narendra Modli, India's agricultural development has consistently been the highest in the world.

CREDIT OFFTAKE CONTINUES TO GROW AT RATE OF 13.9 YOY

The credit offtake continues to grow at the rate of 13.9 year-on-year to reach Rs. 168.1 lakh crore for the fortnight ending July 12, 2024, however, the pace of growth was slow, a Care Edge report said.

India's working-age population to grow until 2040, ADB reports

India’s share of working-age individuals is projected to rise until 2040 and maintain a substantial workforce until almost 2050, while countries such as the People’s Republic of China and Japan face declining working-age populations, according to Asian Development Bank report.

India's energy consumption may jump three-fold in a decade: IECC

Growing industrialization, urbanization, and rising in-comes have led to the country''s energy consumption rising rapidly.

Global gold demand falls 6% in Q2 2024 amid weak buying of jewellery

Global gold demand in Q2 2024, excluding over-the-counter (OTC) transactions declined by 6 per cent year-on-year (y/y) to 929 tonnes, primarily due to a sharp fall in jewellery consumption according to the latest report of World Gold Council.

New Tax regime simplifies liability calculation: CII

India’s tax landscape has undergone a transformation with the introduction of the new income tax regime, a key highlight of the Union Budget 2024-25.

GOVT REGISTERS 88% OF TARGETED 10,000 FPOS

The Government of India has made considerable progress under the Central Sector Scheme (CSS) for the “Formation and Promotion of 10,000 Farmer Producer Organisations (FPOs).”

East Delhi drowning deaths: AAP slams BJP over open drain demands compensation

The AAP on Friday slammed the BJP over its \"silence\" on the deaths of a woman and her three-year-old due to falling into a waterlogged drain in east Delhi, saying the party wants all the power but not for the sake of people.

HC MOVES DELHI COACHING CENTRE DEATHS INVESTIGATION TO CBI

The Delhi High Court on Friday transferred the probe into the drowning of three civil services aspirants at the basement of a coaching centre here from Delhi Police to the CBI \"to ensure the public has no doubt over the investigation\".

Pappu Yadav demands new policy to ensure no paper leak in future

After the Supreme Court dismissed the demands to cancel the NEET-UG 2024, Lok Sabha MP Pappu Yadav said that NEET-UG should be cancelled and demanded the formation of a new policy that will ensure no exam paper leaks in future.

After MP joins BJP, BJD holds meet to keep flocks together

A day after senior BJD leader and Rajya Sabha MP Mamata Mohanta joining the ruling BJP, the regional party on Friday held a meeting apparently to keep its flocks together.

ATTEMPTS MADE TO HIDE FLAWS OF AGNIPATH SCHEME: JHARKHAND CM

Amid the political controversy surrounding the Agniveer Scheme, retired Army professional Lt. Gen. KJS Dhillon stated that the scheme will receive thorough feedback from the Army.

WORLD BANK FLAGS MIDDLE-INCOME TRAP THREAT FOR INDIA, CHINA, 108 OTHERS

Countries often hit the \"middle-income trap\" at around USD 8,000 GDP per capita, struggling with aging populations, rising protectionism, and the need for energy transition, requiring a balanced strategy of investment, technology infusion, and innovation to achieve high-income status.

Sunny Vinayak Nimhan urges free health check-ups at 36 Karyasamrat camps

India's fifth-largest mobile retail company, SS Mobile, proudly announces its ambitious expansion initiative, Project Vistaar 55 x 55. This project entails opening 55 new retail locations within 55 days across North Maharashtra, South Maharashtra, Vidarbha, Marathwada, and Karnataka. This aggressive growth strategy underscores SS Mobile's commitment to delivering unparalleled access and superior customer experience nationwide.

Air India halts Tel Aviv flights amid middle east crisis

Amid escalating tensions in the Middle East due to the ongoing Israel-Hamas conflict, Air India announced the suspension of all flight operations to and from Tel Aviv until August 8. The airline released an official statement on social media platform X, explaining the decision and its immediate implementation.

CONTROL ONE UNVEILS ADVANCED PHYSICAL AI AGENT

Control One's innovative AI system transforms slow-moving vehicles into advanced, autonomous agents capable of real-time decision-making and voicecommand operation, revolutionizing warehouse automation.

UPI hits Rs 20 trillion mark again in July 2024

The Unified Payments Interface (UPI) has demonstrated remarkable growth in recent months, according to the latest data from the National Payment Corporation of India (NPCI). In July 2024, UPI transactions experienced a significant 45% year-on-year increase, continuing its trend of robust expansion.

INTEL MASS LAYOFFS UPTO 15%, DIVIDEND CUT AMID STOCK PLUNGE

Intel is cutting 17,500 jobs and suspending its dividend after forecasting weaker-thanexpected third-quarter revenue and facing intense competition in the AI chip market.