CATEGORIES

Khyber Pass residents face uncertainty after demolition drive

The residents of Khyber Pass in the Civil Lines area here woke up on Sunday to the sight of bulldozers stationed in the neighbourhood, ready to raze their houses that not only contained their belongings but also memories.

PARSHWANATH DEVELOPERS CEO SANJEEV JAIN NABBED BY POLICE FROM DELHI AIRPORT

A non-bailable warrant has been issued against the accused by the Joint Registrar, National Consumer Disputes Redressal Commission.

BJP MINORITY FRONT TO ORGANISE 'HAR GHAR TIRANGA'

On the occasion of Independence Day, under the guidance of Prime Minister Narendra Modi and BJP National President JP Nadda, the Bharatiya Janata Party Minority Front will run the ‘Har Ghar Tiranga’ campaign from 11 to 14 August in the minority community across the country.

Semiconductor plant in Assam to be operational by 2025: Tatas

The semiconductor industry is a foundation industry for the future and chips are going to be part of almost everything people do in their daily lives, Chairman of Tata Group N Chandrasekaran said on Saturday after the ‘bhoomi pujan’ of the Tata’s semiconductor unit in Morigaon in Assam, which will be set up with an investment of Rs 27,000 crore.

"NUMALIGARH REFINERY'S EXPANSION WILL AUGMENT REFINING CAPACITY'

Refining capacity will be increased from 3 million tonnes per year to 9 MMTPA, says Petroleum minister Hardeep Puri

INDIA'S TOUR AND TRAVEL REVENUE SET TO SOAR 15-17 PER CENT THIS FISCAL: CRISIL

India’s tour and travel operators are set to expand their revenue by a robust 15-17 percent this fiscal year, driven by rising domestic tourism and an increasing propensity for overseas travel, Crisil said in its latest report.

Tour and travel revenue set to soar 15-17% this fiscal: CRISIL

India’s tour and travel operators are set to expand their revenue by a robust 1517 per cent this fiscal year, driven by rising domestic tourism and an increasing propensity for overseas travel, Crisil said in its latest report.

'DIGITAL STEPS TO TRIPLE INDIAN RETAIL BORROWING TO $2.5 TRN BY 2030' REPORT

S&P Global Ratings says digitisation initiatives, backed by the government, have enabled mass access to savings accounts and digital payments

Zomato rakes in Rs 83 cr in platform fee in FY 2024

Food delivery aggregator Zomato, which began charging platform fee on orders from last August, collected Rs 83 crore through the new levy till March, the company’s annual report has revealed.

BCCL eyeing a topline of Rs 40,000 crore by FY’30

Bharat Coking Coal Limited (BCCL), a subsidiary of Coal India, is eyeing a topline of Rs 40,000 crore by FY’30, backed by increased volume and diversification.

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.