Panaji, Apr 10 (PTI) As part of its plan to shift towards "green steel", a Vedanta group firm has said it is working on a solution to use hydrogen instead of coke in its manufacturing process so as to reduce carbon emissions. Vedanta's Sesa Goa Iron Ore Business said it is looking for a tie-up [...]
New Delhi, Apr 10 (PTI) Steel products maker Goodluck India will invest Rs 200 crore over the next two-three years to expand capacity, its Chairman and Managing Director (CMD) M C Garg said. BSE-listed Goodluck India has five manufacturing units at Sikandrabad (Uttar Pradesh) and one in Kutch (Gujarat) with a total installed capacity of [...]
New Delhi, Apr 10 (PTI) India is among one of the "priority markets" for the direct selling Swedish beauty brand Oriflame, where it expects to continue its double-digit growth over the next 3-5 years, a top company official has said. The company which sells cosmetic and wellness products in India also expects a double-digit growth [...]
New Delhi, Apr 10 (PTI) Global energy giant Shell will foray into retailing LNG for long-haul transportation like trucks, with its first filling station coming up in Gujarat this year as it bets big on the Indian gas market, a senior company official said. Shell operates a 5 million tonnes a year liquefied natural gas [...]
Aurangabad, Apr 10 (PTI) Maharashtra has recorded an all-time high sugar production of 132 lakh tonnes this year, state sugar commissioner Shekhar Gaikwad has claimed. But, despite the high production, there is less possibility of the sugar prices coming down, the official told PTI on Saturday while speaking about issues related to excess sugarcane production [...]
Jerusalem, Apr 10 (PTI) Agricultural officers from seven different states of India are on a fifteen-day tour of Israel to learn about new approaches and technologies in the sector that can add more value to the farmers.The 18 agricultural officers from Indo-Israel Centers of Excellence (CoE) are taking part in an extensive state course, “Managing [...]
New Delhi, Apr 10 (PTI) The government is working on an FAQ on taxation of cryptocurrencies, which will give a nuanced clarification on the applicability of income tax and GST on virtual digital assets, an official said. The set of Frequently Asked Questions (FAQ), which is being drafted by the Department of Economic Affairs (DEA), [...]
Putting behind the controversy around its co-founder Ashneer Grover, fintech startup BharatPe has posted record growth in the fiscal year ended March 31 and is on track to break even and list on stock exchanges in the next 18-24 months, its CEO Suhail Sameer said. In an interview with PTI, he said while the board [...]
New Delhi, Apr 10 (PTI) German luxury automotive group BMW is expecting a 'mega year' in India in 2022 having clocked 25 per cent rise in four-wheeler sales and 41 per cent jump in two-wheelers in the first quarter despite challenges of semiconductor shortage, war in Ukraine and shutdowns due to COVID-19 in China, according [...]
Ths stocks of NIIT Limited have risen by 44.66% in the last one month and 286.62% in the last one year. NIIT is a multibagger stock having a market cap of Rs 8,729.48 Crore and is listed on BSE & NSE and a part of the S&P BSE SmallCap Index. NIIT operates in the IT [...]
New Delhi, Apr 10 (PTI) In a boost to domestic manufacturing, one of the world's most energy dense batteries designed by a former Tesla engineer for a Bengaluru-based battery startup has been picked up by a European renewable energy company, Eren Groupe, for its storage applications, the startup's co-founder said on Sunday. The development has [...]
Ranchi, Apr 10 (PTI) Jharkhand government has claimed to have utilised 86 per cent of the total revised budget allocation for fiscal 2021-22. The state government has spent 83 per cent of the revised budget on scheme (plan) head and 91 per cent on establishment (non-plan) head, an official said. Hemant Soren government, on March [...]
Colombo, Apr 10 (PTI) A massive anti-government street protest demanding Sri Lankan President Gotabaya Rajapaksa’s resignation has turned into an all-night vigil as over 10,000 demonstrators gathered at the Galle Face Green urban park amidst the unprecedented economic crisis in the island nation. Sri Lanka is facing its worst economic crisis since gaining independence from [...]
New Delhi, Apr 9 (PTI) The government has spent around Rs 100 lakh crore on infrastructure development and social sector programmes over the last eight years, government sources said. Citing an RBI report, sources said that the total developmental expenditure by the central government was a whopping Rs 90,89,233 crore (Rs 90.9 lakh crore) during [...]
Canberra, Apr 9 (PTI) To celebrate the new trade deal with India, Australian Prime Minister Scott Morrison on Saturday took to Instagram to post a picture showing him preparing khichdi, his Indian counterpart Narendra Modi’s favourite dish. On April 2, India and Australia signed an economic cooperation and trade agreement under which Canberra would provide [...]
Kathmandu, Apr 9 (PTI) Tourist footfalls are gradually increasing in Nepal as the coronavirus-related restrictions are eased with fewer daily cases and a low transmission rate in the last few months. The tourism sector, the backbone of the Nepalese economy, came to a griding halt in April 2020 due to the COVID-19 pandemic, officials said [...]
Thane, Apr 9 (PTI) Cooperative bank TJSB Sahakari Bank on Saturday said its net profit declined to Rs 155 crore in FY2022 from Rs 163 crore in the previous year. The total business of the bank crossed the figure of Rs 20,000 crore, registering a growth of 13.46 per cent, TJSB Sahakari Bank Chairman Vivekanand [...]
Coimbatore, Apr 9 (PT) Leading used vehicles e-commerce platform CARS24 expanded its presence in the southern market by foraying into the city. With the exponential growth in demand for cars in Tamil Nadu, the brand is focused on delivering the best experience to customers and fulfilling their dream of owning a car and it is [...]
New Delhi, Apr 9 (PTI) India’s agricultural exports rose by about 20 per cent to USD 50.21 billion during 2021-22 despite logistical challenges posed by the COVID-19 pandemic, the Commerce and Industry Ministry said on Saturday. Exports of rice were the top forex earner at USD 9.65 billion among agri commodities during 2021-22, growing by [...]
New Delhi, Apr 9 (PTI) Tata AIA Life Insurance on Saturday said it has tied up with Common Service Centres which will provide access to about 95 per cent of gram panchayats in the country. As part of its effort to deliver much-needed life insurance protection cover to rural households and safeguard their loved ones [...]
