New Delhi, Aug 6 — India Inc.'s June quarter (Q1 FY27) earnings have exceeded expectations despite losses in oil marketing companies (OMCs), with banking & financial services (BFSI), metals, technology and automobiles driving corporate profitability, a report said on Thursday.The report from…
New Delhi, Aug 6 — Union Minister for Steel and Heavy Industries, H.D. Kumaraswamy, said on Thursday that India must become a global producer of clean energy technologies as in the rapidly changing world a nation's strength is determined not merely by access to energy resources but by its ability…
New Delhi, Aug 6 — In a bid to strengthen the biogas sector and empower farmers, the Union Cabinet, chaired by Prime Minister Narendra Modi, on Thursday approved ‘GOBARdhan’ -- the National Circular Bioenergy Scheme -- with a total outlay of Rs 23,731 crore.The scheme will be implemented from FY27…
New Delhi, Aug 6 — Civil Aviation Minister Ram Mohan Naidu on Thursday dismissed claims that it plans to blend ethanol with Aviation Turbine Fuel (ATF), asserting that there is no such proposal under consideration and cautioning against misinformation relating to aviation safety.The minister's…
Mumbai, Aug 6 — In a bid to help underprivileged communities, over 2,500 employees of Adani Electricity donated a large volume of garments as part of the social welfare initiative.Adani Electricity had requested employees to donate cloths for the underprivileged communities in its distribution…
Mumbai, Aug 6 — Indian benchmark equity indices ended higher on Thursday, supported by easing crude oil prices and buying in PSU bank and chemical stocks. The Sensex rose 374 points, or 0.48 per cent, to settle at 78,954.76, while the Nifty gained 11.35 points, or 0.05 per cent, to close at…
New Delhi, Aug 6 — India's data centre sector is strengthening its position on the global digital infrastructure map, with Mumbai ranking among the world's top 15 data centre markets by operational capacity and Hyderabad emerging as one of the fastest-growing hubs, according to a report released on…
New Delhi, Aug 6 — Bangladesh’s central bank last week trimmed its policy rate by 50 basis points to 9.5 per cent to ease funding costs for distressed lenders but it may fail to check an "alarming slowdown in private investment," a new report has said.The report from Hong Kong-based Asia Times said…
New Delhi, Aug 6 — PhonePe on Thursday announced the official launch of Fixed Deposit (FD) Distribution on its platform, partnering with prominent banks and NBFCs.Expanding its comprehensive financial services suite, PhonePe in partnership with Shivalik Small Finance Bank has also introduced an…
New Delhi/Bhopal, Aug 6 — Chief Minister Mohan Yadav on Thursday said Madhya Pradesh is positioning itself as a leading renewable energy hub, with the state focusing on uninterrupted green power supply through large-scale expansion of renewable energy and storage infrastructure. CM Yadav made the…
Mumbai, Aug 6 — Blue Star Limited on Thursday reported a 15.3 per cent year-on-year (YoY) decline in net profit for the June quarter (Q1 FY27), as margin pressure and lower operating profitability offset healthy growth in revenue. The cooling products and refrigeration major posted profit of Rs…
Gandhinagar, Aug 6 — More than 900 exhibitors and tourism departments from across India have come together at Mahatma Mandir in Gandhinagar for the three-day Travel and Trade Fair (TTF), which opened on Thursday as Gujarat seeks to strengthen its tourism sector and expand business opportunities…
Kolkata, Aug 6 — West Bengal Chief Minister Suvendu Adhikari on Thursday said the Centre has assured him of all possible assistance to revive the tea and textile sector in the state.He said the assurance came from Union Finance Minister Nirmala Sitharaman during his recent interactions in New…
New Delhi, Aug 6 — The Centre has strengthened India's drug regulatory framework by empowering licensing authorities to debar companies and applicants that submit fake or fabricated data in support of applications filed under the Drugs Rules, 1945, an official statement said on Thursday.The…
New Delhi, Aug 6 — The Delhi High Court has directed the Delhi Police to take action in accordance with the law against street vendors found selling suspected counterfeit products of well-known brands such as Louis Vuitton, H&M, Zara, Allen Solly, Puma, and Calvin Klein in the Karol Bagh area.A…
New Delhi, Aug 6 — India and South Africa discussed ways to expand cooperation in critical minerals, pharmaceuticals and manufacturing on the sidelines of the ‘BRICS 2026 Trade Ministers’ Meeting’, Commerce and Industry Minister Piyush Goyal said on Thursday.As India aims to secure resilient supply…
New Delhi, Aug 6 — India’s central bank is likely to begin raising rates in December 2026 rather than previous expectations of April 2027 and deliver a cumulative 75 basis points of hikes to peg the terminal rate at 6 per cent, a report said on Thursday.The report from Morgan Stanley forecasted…
New Delhi, Aug 6 — India’s production of finished steel during April-July in the current financial year went up to 54.3 million tonnes, which represents a 4 per cent increase over the corresponding figure of 52.2 million tonnes in the same four-month period last year, according to data released by…
New Delhi, Aug 6 — The Indian auto retail industry saw every single vehicle category posted its best-ever July performance for the first time -- selling a total of 25,91,138 units which was up 25.89 per cent (year-on-year), the Federation of Automobile Dealers Associations (FADA) data showed on…
New Delhi, Aug 6 — India is positioned to lead the next phase of the artificial intelligence (AI) revolution by building real-world applications at scale rather than competing in the race for advanced chips and large language models, Nandan Nilekani -- head of the national examination and testing…
New Delhi, Aug 6 — The Central Consumer Protection Authority (CCPA) has imposed penalties on nine digital platforms, including IndiGo, Zepto, Physics Wallah, BookMyShow, FirstCry and SpiceJet, for using deceptive online practices known as dark patterns that allegedly misled consumers during…