Economy News

Passengers to board flights at Navi Mumbai International Airport from May 2025: Officials

After the successful trial of the first commercial flight at Navi Mumbai International Airport (NMIA), airport officials called it a historic moment and said commercial operations will begin at the airport in May 2025.

Dec 29, 2024

Railway projects worth Rs 88,875 crore sanctioned in big boost to 3 economic corridors

A total of 58 railway projects have been sanctioned across three economic corridors, with a combined completion cost of about Rs 88,875 crore and a total track length of about 4,107 kilometres during 2024 as part of the Centre's strategy to spur economic growth in the country through big infrastructure projects, according to the year-end review of the Indian Railways.

Dec 29, 2024

India records highest ever coal production in 2023-24, focus on raising coking coal output

India recorded its highest ever coal production of 997.826 million tonnes (MT) in the financial year 2023-24 which represents an 11.71 per cent increase in comparison to the corresponding figure of 893.191 MT in the year 2022-23, according to the year-end review of the Coal Ministry.

Dec 29, 2024

Centre joins HCLSoftware to boost startup manufacturing ecosystem

Funding booster: Indian startups see 20 pc jump at $12 billion this year

The Indian startup ecosystem received a funding booster this year with raising more than $12 billion, a 20 per cent jump from last year's $10 billion.

Dec 28, 2024

artificial intelligence.(photo:Pixabay.com)

OpenAI's o3 reasoning model ignites AI hype among top influencers

Social media influencers have kicked off a fierce debate over OpenAI's new o3 reasoning model, with some of them raising concerns about its high cost and the potential for overhyping its artificial general intelligence (AGI) capabilities.

Dec 28, 2024

Adani Ports to develop berth at Gujarat's Kandla Port for multi-purpose cargo

Adani Ports places India's largest order for tugs worth Rs 450 crore with Cochin Shipyard

Adani Ports and Special Economic Zone Ltd (APSEZ) on Friday announced the procurement of eight state-of-the-art harbour tugs, with a total contract value estimated at Rs 450 crore, which will be constructed by Cochin Shipyard Ltd.

Dec 27, 2024

New chip-based blood test can diagnose heart attacks in minutes

3 'Param Rudra', 4 chip manufacturing units this year to boost India's global tech position

The year 2024 saw four new semiconductor manufacturing units and three 'Param Rudra' supercomputers, among several other initiatives, to strengthen India's position on the global tech stage.

Dec 27, 2024

India to see record-breaking IPO fundraising in 2025 exceeding Rs 2 lakh crore

India is on track to become the world's third-largest economy by 2027 with a $7 trillion GDP target by 2030, a report said on Thursday, predicting record-breaking IPO fundraising in the country next year, exceeding Rs 2 lakh crore.

Dec 26, 2024

India's equity markets touched $5.29 trillion market cap this year, 4th largest globally

India's equity markets soared to record highs, firmly establishing the nation with a market capitalisation of $5.29 trillion this year, which was the fourth largest market cap globally after the US, China and Japan.

Dec 26, 2024

Sensex plunges 318 pts, Infosys and JSW Steel top losers

Over 42 lakh new investors join Indian stock market in November

A record 42,76,207 investors joined the Indian stock market in November, the National Stock Exchange (NSE) data showed on Thursday.

Dec 26, 2024

Healthcare sector at forefront of nanotechnology innovation

Indian healthcare sector poised to reach $320 bn by 2028: Report

The healthcare sector in India is expected to reach $320 billion by 2028, even as the country's pharmaceuticals, healthcare, and biotechnology industries continue to evolve in response to global demands.

Dec 26, 2024

Mutual fund industry saw meteoric rise in 2024, AUM increased by Rs 17 lakh crore

The Indian mutual fund industry saw a meteoric rise in 2024, as the assets under management (AUM) of all MF schemes increased by more than Rs 17 lakh crore this year.

Dec 25, 2024

Dharavi Redevelopment Project: Zero financial burden, 10 years of worry-free living

Imagine moving into a brand-new home, surrounded by modern infrastructure and facilities, without worrying about maintenance charges for the next 10 years. That's the promise of the Dharavi Redevelopment Project (DRP) — an initiative that goes beyond housing to ensure a financially sustainable future for its residents.

Dec 24, 2024

India sees all-time high deal numbers in real estate sector in July-Sep

Tier 2 and 3 Indian cities to emerge as pivotal real estate growth hubs in 2025

With its critical role in the economy, the housing sector is projected to contribute 13 per cent to the national GDP by 2025, as tier 2 and 3 cities emerge as pivotal growth hubs for the sector

Dec 24, 2024

Indian startup ecosystem raises over Rs 29,200 crore in 2024, witnesses record 13 IPOs

In a significant year for the Indian startup ecosystem, 13 new-age companies launched their initial public offerings (IPOs), as startups cumulatively raised more than Rs 29,200 crore from the stock market.

Dec 24, 2024

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Economy News

Passengers to board flights at Navi Mumbai International Airport from May 2025: Officials

Railway projects worth Rs 88,875 crore sanctioned in big boost to 3 economic corridors

India records highest ever coal production in 2023-24, focus on raising coking coal output

Funding booster: Indian startups see 20 pc jump at $12 billion this year

OpenAI's o3 reasoning model ignites AI hype among top influencers

Adani Ports places India's largest order for tugs worth Rs 450 crore with Cochin Shipyard

3 'Param Rudra', 4 chip manufacturing units this year to boost India's global tech position

India to see record-breaking IPO fundraising in 2025 exceeding Rs 2 lakh crore

India's equity markets touched $5.29 trillion market cap this year, 4th largest globally

Over 42 lakh new investors join Indian stock market in November

Indian healthcare sector poised to reach $320 bn by 2028: Report

Mutual fund industry saw meteoric rise in 2024, AUM increased by Rs 17 lakh crore

Dharavi Redevelopment Project: Zero financial burden, 10 years of worry-free living

Tier 2 and 3 Indian cities to emerge as pivotal real estate growth hubs in 2025

Indian startup ecosystem raises over Rs 29,200 crore in 2024, witnesses record 13 IPOs

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