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Tag: news india

Budget breakdown: Which sectors gained and lost in the Interim Budget | Data

Posted on February 1, 2024 By admin
Budget breakdown: Which sectors gained and lost in the Interim Budget | Data

Budget breakdown: Union Finance Minister Nirmala Sithaman addresses the press conference after presenting the Union Interim Budget 2024 at Parliament, at the National Media Centre, in New Delhi on Thursday. | Photo Credit: ANI A sector-wise split of the budgeted expenditure in FY25 shows that of the 26 sectors for which data was analysed, allocation…

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Business

Budget 2024: Spending on rural development increases marginally, but not all schemes benefit | Data

Posted on February 1, 2024 By admin
Budget 2024: Spending on rural development increases marginally, but not all schemes benefit | Data

Rural development schemes: Workers engaged in the MNREGS works at Siddharampuram in Anantapur district. | Photo Credit: Prasad RVS In FY25, the government is expected to spend ₹2,65,808 crore on rural development. The allocation marginally increased by ₹26,824 crore, when compared with the revised estimates for the year FY24. However, the increase in the overall…

Read More “Budget 2024: Spending on rural development increases marginally, but not all schemes benefit | Data” »

Business

Sensex, Nifty Touch All-Time High Day After BJP's Poll Victory In 3 States

Posted on December 4, 2023 By admin
Sensex, Nifty Touch All-Time High Day After BJP's Poll Victory In 3 States

Indian shares hit fresh all-time highs on Monday, driven by financials and energy stocks as state election results boosted market momentum emerging from strong macroeconomic data and easing global interest rate expectations. The NSE Nifty 50 index rose as much as 1.65% to 20,602.50 points, notching a record high for second session in a row….

Read More “Sensex, Nifty Touch All-Time High Day After BJP's Poll Victory In 3 States” »

Business

PSPCL Posts Rs 564 Crore Q3 Profit On Lower Power Purchase, More Generation

Posted on December 2, 2023 By admin
PSPCL Posts Rs 564 Crore Q3 Profit On Lower Power Purchase, More Generation

The Punjab State Power Corporation Ltd (PSPCL) has made a profit of Rs 564.76 crore for period ending September as against a loss of Rs 1,880.25 crore in the year-ago period. Under the Aam Aadmi Party (AAP) government led by Chief Minister Bhagwant Mann, the timely repayment of Rs 12,342 crore subsidy to PSPCL helped…

Read More “PSPCL Posts Rs 564 Crore Q3 Profit On Lower Power Purchase, More Generation” »

Business

Centre Bans 'Dark Patterns' On E-Commerce Platforms; Notifies Guidelines

Posted on December 2, 2023 By admin
Centre Bans 'Dark Patterns' On E-Commerce Platforms; Notifies Guidelines

In order to protect consumers’ interest, the government has banned use of “dark patterns” on e-commerce platforms which intend to deceive customers or manipulate their choices. A gazette notification in this regard as “Guidelines for prevention and regulation of dark patterns” was issued on November 30 by the Central Consumer Protection Authority (CCPA) which is…

Read More “Centre Bans 'Dark Patterns' On E-Commerce Platforms; Notifies Guidelines” »

Business

Nifty Hits All-Time High After Upbeat Growth Data, Sensex Up 300 Points

Posted on December 1, 2023 By admin
Nifty Hits All-Time High After Upbeat Growth Data, Sensex Up 300 Points

Nifty hit a fresh record high on Friday, as faster-than-expected economic growth in the September-quarter added to optimism over the global interest rate outlook. The NSE Nifty 50 index rose as much as 0.52% to 20,238.45, a new record high, while the S&P BSE Sensex was up 0.44% at 67,286.16, as of 9.35 am. The…

Read More “Nifty Hits All-Time High After Upbeat Growth Data, Sensex Up 300 Points” »

Business

GDP Grew By 7.6% In Q2 Compared To 7.8% In Q1

Posted on November 30, 2023 By admin
GDP Grew By 7.6% In Q2 Compared To 7.8% In Q1

India’s economy grew 7.6 per cent in the September quarter of this fiscal and remained the fastest-growing large economy, mainly due to better performance by manufacturing, mining and services sectors, the government data showed on Thursday. The gross domestic product (GDP) expanded by 6.2 per cent in the July-September quarter of 2022-23. India remained the…

Read More “GDP Grew By 7.6% In Q2 Compared To 7.8% In Q1” »

Business

Nandan Nilekani, Nikhil Kamath On Forbes Asia Heroes Of Philanthropy List

Posted on November 30, 2023 By admin
Nandan Nilekani, Nikhil Kamath On Forbes Asia Heroes Of Philanthropy List

Nandan Nilekani, co-founder of Infosys, KP Singh, chairman emeritus at DLF, and Nikhil Kamath, co-founder of Zerodha, have been named on the 17th edition of Forbes Asia’s Heroes of Philanthropy list released today. The unranked list “highlights business leaders who are donating from their fortunes and giving personal time and attention to their select causes”,…

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Business

125 Projects Taken Up For Exploration Of Critical Minerals, Says Minister

Posted on November 29, 2023 By admin
125 Projects Taken Up For Exploration Of Critical Minerals, Says Minister

The government on Wednesday said 125 new projects have been taken up in the current financial year for exploration of critical minerals. There is high demand for critical and strategic minerals, and the demand is usually met by imports. Critical minerals are used in various sectors, including renewable energy, defence, and agriculture. “I am happy…

Read More “125 Projects Taken Up For Exploration Of Critical Minerals, Says Minister” »

Business

Adani Power Takes Up Green Ammonia Combustion Pilot Project At Mundra Plant

Posted on November 29, 2023 By admin
Adani Power Takes Up Green Ammonia Combustion Pilot Project At Mundra Plant

As the world leaders converge in the UAE for the COP28 this week to chalk out strategies for climate mitigation, Adani Power announced it has taken up a green ammonia combustion pilot project at its Mundra plant. As part of the project, the Mundra plant, a large private sector power plant, will co-fire up to…

Read More “Adani Power Takes Up Green Ammonia Combustion Pilot Project At Mundra Plant” »

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