Technology will help India achieve the target of becoming a developed nation by 2047, Prime Minister Narendra Modi said on Tuesday, as he outlined the massive and modern digital infrastructure being created to ensure that benefits of digital revolution reach all citizens. Addressing a post-Budget webinar on 'Unleashing the Potential: Ease of Living Using Technology', [...]
Ministry of Statistics and Programme Implementation will release the second advance estimate of the Gross Domestic Product for 2022-23 along with December quarter data on Tuesday evening. The ministry will also release the revised estimate of economic growth for 2021-22 which was estimated at 8.7 per cent in May last year. As per the first [...]
Equity benchmark indices climbed in early trade on Tuesday helped by buying in IT counters and an overall positive trend in global markets. After a firm start, the BSE Sensex further climbed 144.85 points to 59,433.20. The NSE Nifty advanced 35.55 points to 17,428.25. From the Sensex pack, Mahindra & Mahindra, Tech Mahindra, Tata Consultancy [...]
Prime Minister Narendra Modi will address a post-budget webinar on the theme ‘Unleashing the Potential: Ease of living using technology’ on Tuesday. According to an official statement, the webinar will discuss the Budget announcements related to DigiLocker entity, national data governance, address update facility, fintech services, Centre of Excellence on AI (Artificial Intelligence) and Mission [...]
Industry body CII and Jindal Stainless Ltd (JSL) on Monday announced a partnership to create awareness on corrosion and scale up its management activities to cut down losses estimated to be worth lakhs of crores of rupees in the country. CII and JSL signed a memorandum of understanding which focuses on inviting suggestions on improvements [...]
Seven consecutive sessions of decline in the equity market has eroded the wealth of investors by a whopping Rs 10.42 lakh crore and the benchmark Sensex has tumbled more than 2,000 points during this period. Concerns over more rate hikes by developed economies, weak global equity markets and fresh foreign fund outflows from the domestic [...]
Benchmark indices Sensex and Nifty slid for a seventh straight session on Monday, logging their longest losing run in the past five months, following a bearish trend in global markets amid concerns over aggressive rate hikes by developed economies. Fresh foreign fund outflows and losses in IT, auto and oil stocks also dented investor sentiments. [...]
Retail investors' interest in the Indian mutual fund industry has seen an uptick with the value of assets held by them witnessing a rise of 9.3 per cent to Rs 23.4 lakh crore in January this year. In comparison, the value of assets held by retail investors in mutual funds stood at Rs 21.40 lakh [...]
The queues of cars from Laos waiting to fill their tanks at petrol stations across the border in Thailand have sparked fears the landlocked Asian country’s debt is spiralling out of control and could go the way of Sri Lanka. Laos has been struggling with heavy debt mainly due to mega infrastructure projects, such as [...]
The Uttar Pradesh government is likely to miss the budgeted revenue surplus of 2.8 per cent by a wide margin, even though it may meet the fiscal deficit target of 3.5 per cent next fiscal, says a report by India Ratings. Noting that the UP budget presented earlier this week made many over-the-top assumptions regarding [...]
