Economy News

Ola Electric's stock tanks to its lowest as market analysts warn investors

Ola Electric share tanks 4 pc, trades below Rs 100 for 1st time

Shares of Ola Electric Mobility fell more than 4 per cent on Monday and slipped below the Rs 100 mark for the first time since its listing last month.

Oct 1, 2024

What is BRAP 2024: A Game-Changer for India's Business Landscape

The Indian government's BRAP 2024 aims to bolster the 'Make in India' initiative and enhance ease of doing business. The plan introduces an innovative assessment methodology and focuses on reducing approval times.

Oct 1, 2024

Fidelity reduces value of Musk's X by 79 pc, platform likely worth $9.4 bn

Musk's X downgraded 79% by Fidelity, platform likely worth $9.4 bn now

Global investment firm Fidelity has reduce the value of its holding in Elon Musk-run X (formerly Twitter) by a massive 78.7 per cent, which implies that the X social media platform is likely valued at just $9.4 billion.

Sep 30, 2024

pradhan-mantri-jan-dhan-yojana-would-fight-poverty-in-the-country-modi

Millions of PMJDY bank accounts join mainstream, help companies sell more in rural India

There has been a significant uptick in rural private consumption in India, thanks to the Pradhan Mantri Jan Dhan Yojana (PMJDY), which has helped millions open bank accounts seamlessly and join the mainstream.

Sep 30, 2024

India sees strong growth in key mineral, non-ferrous metal production in April-Aug

India sees strong growth in some key minerals, non-ferrous metal production in April-Aug

India saw a strong growth in production of some key minerals in the April-August period this fiscal, and iron ore accounted for about 70 per cent of the total mineral production by value.

Sep 28, 2024

GreenLine partners with Sterlite Copper to enhance sustainable logistics

GreenLine Mobility Solutions Ltd, a key player in Essar's Green Mobility initiative, has announced its partnership with Sterlite Copper, a unit of Vedanta Ltd, to advance the deployment of its liquefied natural gas (LNG) powered vehicles and further decarbonise Sterlite Copper's transportation operations.

Sep 26, 2024

"Time for introspection": Ex-CM Bommai tells CM Siddaramaiah on claiming innocence in MUDA case

Karnataka Chief Minister Siddaramaiah said on Thursday that he was not guilty and will not resign from his post.

Sep 26, 2024

Chinese stainless steel plates face anti-dumping probe

Anti-Dumping Probe Launched Against Chinese Stainless Steel Plates

South Korea plans to launch an antidumping investigation into stainless steel plates imported from China after a local company claimed that cheap imports have damaged the domestic market, the industry ministry said on Thursday.

Sep 26, 2024

Centre fixes 320 lakh tonnes wheat procurement target, 6 lakh tonnes for millets

India clocks record foodgrain production at 3,323 lakh metric tonnes in 2023-24

India clocked record foodgrain production at 3,322.98 LMT (lakh metric tonnes) in the agriculture year 2023-24 -- higher by 26.11 LMT than the production of foodgrains at 3,296.87 LMT achieved during agriculture year 2022-23.

Sep 25, 2024

India-UAE bilateral trade set to surpass $100 billion target before 2030

The bilateral trade between India and the United Arab Emirates (UAE) is on track to surpass the $100 billion target well before 2030, underscored by a notable 12.7 per cent (year-on-year) increase, according to a report on Tuesday.

Sep 24, 2024

Post-Covid Investment Trends: Regular Returns and Tax Benefits Take Center Stage

The Covid-19 pandemic has shifted investment trends towards regular returns, tax benefits, and degree of returns, according to a report by the PHD Research Bureau, PHD Chamber of Commerce and Industry, and JIIMS, Rohini. The report analyzed investment behaviors over a four-year period, considering six financial instruments - mutual funds, bonds, stocks, derivatives, gold, and real estate.

Sep 23, 2024

Apple iPhone 16 being launched globally from Indian factories: Ashwini Vaishnaw

'Made in India' iPhone 16 pre-orders skyrocket; set to shatter export records

Apple's 'Made in India' iPhone 16 has seen a surge in pre-orders, with the iPhone 16 Pro models witnessing strong traction due to strategic pricing. The Indian government's push for local manufacturing has played a significant role in the iPhone 16's success, with models being manufactured and assembled in India.

Sep 19, 2024

World Bank raises India's GDP growth forecast to 7.5 pc for 2023-24

India set to become third-largest economy by FY30-31: S&P Global

India is on track to become the third-largest economy by fiscal 2030-31, driven by a robust projected annual growth rate of 6.7 per cent, a report by S&P Global projected.

Sep 19, 2024

Civil Aviation Minister inaugurates APMC 2024, aims to build robust aviation landscape

India plans to increase women's participation in aviation sector to 25pc by 2025: Ram Mohan Naidu

Addressing the two-day Asia-Pacific Ministerial Conference on Civil Aviation (APMC) that will end on Thursday, Ram Mohan Naidu stated that the conference reflects the shared vision of the Asia-Pacific region to build a more connected, resilient and robust aviation landscape.

Sep 12, 2024

Industry hails extension of FAME II scheme to bolster EV infra

Indian Electric Vehicle Market Projected to Grow 40% by 2027

India's Electric Vehicle (EV) market is projected to grow at a CAGR of 35-40% until 2027, driven by government incentives, rising fuel prices, and increased consumer awareness.

Sep 11, 2024

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Economy News

Ola Electric share tanks 4 pc, trades below Rs 100 for 1st time

What is BRAP 2024: A Game-Changer for India's Business Landscape

Musk's X downgraded 79% by Fidelity, platform likely worth $9.4 bn now

Millions of PMJDY bank accounts join mainstream, help companies sell more in rural India

India sees strong growth in some key minerals, non-ferrous metal production in April-Aug

GreenLine partners with Sterlite Copper to enhance sustainable logistics

"Time for introspection": Ex-CM Bommai tells CM Siddaramaiah on claiming innocence in MUDA case

Anti-Dumping Probe Launched Against Chinese Stainless Steel Plates

India clocks record foodgrain production at 3,323 lakh metric tonnes in 2023-24

India-UAE bilateral trade set to surpass $100 billion target before 2030

Post-Covid Investment Trends: Regular Returns and Tax Benefits Take Center Stage

'Made in India' iPhone 16 pre-orders skyrocket; set to shatter export records

India set to become third-largest economy by FY30-31: S&P Global

India plans to increase women's participation in aviation sector to 25pc by 2025: Ram Mohan Naidu

Indian Electric Vehicle Market Projected to Grow 40% by 2027

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]

Is exhibiting cleavage mandatory? Malaika Arora opts for low neck sleeveless outfit at event in Vrindavan, leaves netizens furious

'She is cruel…': Ankita Lokhande CRIES after fight with Mannara, tells Vicky she wants to go home; fans react