Chandigarh, Agriculture Minister Gurmeet Singh Khuddian on Thursday said the Punjab government will provide more than 22,000 crop residue management machines to the farmers of the state for paddy straw management.He asked the concerned officials to ensure that the draw for subsidized CRM...
In New Delhi, Reserve Bank Governor Shaktikanta Das said on Thursday that the issue of changing stance on interest rates is quite premature given the gap between current inflation and the 4 per cent target."Given the gap between current inflation and the 4 percent target, the question of...
New Delhi: Imports of vegetable oils, including edible and non-edible oils, rose 18 per cent to 15.5 lakh tonnes in June due to higher imports of crude palm oil and crude sunflower oil, according to trade data.Solvent Extractors Association of India (SEA) data showed that imports of vegetable...
According to Grant Thornton India, the second quarter (Q2) of calendar year 2024 (April-June) saw a 9 per cent growth in deal volume, from 69 to 75.Raja Lahiri, partner and technology industry leader, Grant Thornton India, said, “The Indian technology industry is showing promising signs of...
New Delhi: Shares of oil exploration and production companies were in the news on Thursday, with Oil India rising over 7 per cent amid hopes of greater focus on domestic exploration and production (E&P).Oil India shares jumped 7.55 per cent on BSE while Hindustan Oil Exploration Company shares...
Mumbai, India Demand for luxury homes priced at Rs 10 crore and above remained strong with sales rising 8 per cent to nearly Rs 12,300 crore in January-June, according to a report by Sotheby's International Realty and CRE Matrix.Sales in the first half of the 2023 calendar year stood at Rs...
New Delhi: Shares of Ambe Laboratories on Thursday made a notable debut on NSE SME with a premium of 30 per cent against the issue price of Rs 68.The group's stock was listed at Rs 85, representing a gain of 25 per cent over the issue price. Later, the stock rose 5 per cent - its upper circuit...
Mumbai: The new government's economic vision and management of the "political issue" will be among the key aspects to consider in the upcoming Union Budget, a Japanese brokerage said on Thursday.The brokerage said the second half of the year will see "moderate returns" on the equity front and...
New Delhi, Realty firm Prestige Estates Projects Ltd has reported a 23 per cent decline in its sales bookings to Rs 3,029.5 crore in the first quarter of this fiscal due to lower volumes due to delays in the launch of new projects.Its sales booking in the same period a year ago was Rs 3,914.7...
The Modi 3.0 government will present its first full budget on July 23.Finance Minister Nirmala Sitharaman along with Planning Minister Rao Inderjit Singh, Chief Economic Advisor V Anantha Nageswaran, Economist Surjit Bhalla, Agricultural Economist Ashok Gulati and veteran banker K V Kamath...
Mumbai, Benchmark Sensex and Nifty closed marginally lower in a range-bound session on Thursday as investors booked gains in heavyweights ahead of the announcement of key financial results for the June quarter.Retreating from early highs, the 30-share BSE Sensex closed down 27.43 points or...
Mumbai India's largest IT services company Tata Consultancy Services (TCS) on Thursday posted an 8.7 per cent year-on-year rise in its consolidated net profit at Rs 12,040 crore in the first quarter ended in June 2024.The net profit for the same period of the previous year amounted to Rs...
Mumbai, Benchmark Sensex and Nifty closed marginally lower in a volatile session on Thursday as investors booked profits in heavyweights ahead of the announcement of key financial results for the June quarter.Retreating from early highs, the 30-share BSE Sensex closed down 27.43 points or 0.03...
The ship 'San Fernando' of Maersk, the world's second largest shipping company, arrived at Vizhinjam port with more than 2,000 containers."Historic day as Vizhinjam welcomes its first container ship," Gautam Adani posted on the X social media platform.Adani Group Chairman said, “This...
Domestic gold production by existing and new players will expand to 100 tonnes by 2030, significantly increasing foreign exchange reserves, improving the trade balance and contributing to GDP, industry body PHDCCI (PHD Chamber of Commerce and Industry) said. )."The Indian gold processing and...
New Delhi: As procurement of goods and services through government portal GeM will cross Rs 1.24 lakh crore in the first quarter of 2024-25, the platform will become the world's largest by the end of this year prosecutor, a senior official said Thursday.Government e-Market (GeM) portal was...
This is a growth of 8 per cent compared to sales of Rs 11,400 crore in the first half of 2023, according to India Sotheby's report "International Realty and CRE Matrix".More than half of the home buyers in the Rs 10 crore plus luxury market belonged to the age category of 35-55 years.The...
Mumbai: The Red Sea crisis is likely to hit auto components industry margins in the coming quarters amid higher container rates and shipping times, credit rating agency ICRA said on Thursday, projecting moderate growth for the industry in this fiscal year.According to the rating agency, about...
Addressing the 'Energy Dialogue 2024' at the Bharat Mandapam here, he said, "Despite our progress, much of our exploration and production potential in India's 26 sedimentary basins still remains untapped. Despite the abundant geological resources available to us. "“Our efforts in the past have...
According to rating agency ICRA, operating margins are expected to improve year-on-year in FY25, driven by factors such as better operating leverage and higher value addition."Demand from domestic original equipment manufacturers (OEMs) constitutes more than 50 per cent of the Indian auto...