New Delhi: Moody's Ratings on Friday projected India's growth to be at 6.8 per cent in the current year, followed by 6.5 per cent in 2025 on the back of strong economic expansion as well as continuity of post-poll policy.India's real GDP is expected to grow by 7.7 per cent in 2023 from 6.5 per...
The Indian economy grew at a strong pace in 2023-24 against the backdrop of subdued global economic activity and various headwinds, with real GDP growth accelerating to 7.6 per cent from 7.0 per cent last year – the third consecutive year of 7 per cent growth. Or an increase above that, the...
New Delhi, National Center for Cold-Chain Development (NCCD) is revisiting the technical standards and minimum guidelines for cold-chain components to be implemented by all central and state government bodies setting up cold-chain facilities across the country. Will serve as a road-map for...
KATHMANDU [Nepal], Nepal has focused its attention on power generation and export to Bangladesh from the next financial year 2024-25, Finance Minister Varsha Man Pun said while unveiling the budget to a joint session of Parliament on Tuesday. Addressing, the Minister said that “the budget of NRs...
New Delhi Mobile phone manufacturers' body ICEA has expressed concern over the progress in display manufacturing despite the government's capital expenditure support, the industry body said on Tuesday.India Cellular and Electronics Association (ICEA), whose members include Apple Foxconn...
The demand for displays in the Indian market is likely to increase to $6 billion by 2025.The domestic display manufacturing industry is projected to grow at a CAGR of 29.5 percent due to the expected surge in local manufacturing of mobile phones, TVs and IT hardware products.“We have...
New Delhi [India], Amid the Lok Sabha elections, Union Finance Minister and BJP leader Nirmala Sitharaman said the government is committed to harnessing cutting-edge technology, enhancing transparency and taking forward the ongoing reforms to lay a strong foundation for a developed India.In a...
Chandigarh, Union Minister Hardeep Singh Puri on Sunday accused Pakistan of using terrorism as an "instrument of state policy" against India and said under the Modi government, India has sent a clear message to the neighboring country. That he will eliminate the terrorists in his area.Speaking...
Chandigarh [India], Union Minister Hardeep Singh Puri lauded the government's efforts to strengthen the Indian economy in the last 10 years under Narendra Modi as Prime Minister. Speaking in Chandigarh on Sunday, Puri said, "According to the public data released by the IMF, our GDP is US$ 3.95...
Hamirpur (Himachal Pradesh), Election officials on Friday inspected the helicopter of Himachal Pradesh Chief Minister Sukhwinder Singh Sukhu ahead of the upcoming elections in the state.Expenditure supervisor Kundan Yadav inspected the helicopter at Dhaliyara, which falls under Dehra assembly...
Notices have been sent to Chhatrapati Sambhajinagar, BJP candidate from Beed Lok Sabha seat and former Maharashtra minister Pankaja Munde and NCP (SP) candidate from this seat over alleged irregularities in their election expenses, an official said on Wednesday.District Election Officer and...
Bhubaneswar, Odisha's ruling Biju Janata Dal (BJD) on Wednesday filed a complaint with the Election Commission (EC) against BJP's Puri parliamentary constituency candidate Sambit Patra for using the photograph of Shri Jagannath Temple in an advertisement released by him in the local media. Filed...
New Delhi: Kotak Mahindra Bank Chief Economist Upasana Bhardwaj on Tuesday said private sector growth in sectors such as hotels and tourism will pick up in the second half of the current financial year following strong government-led capital expenditure to boost infrastructure creation...
CHENNAI: Wheels India Ltd, a steel wheel maker for trucks, agricultural tractors, passenger vehicles and construction equipment, plans Rs 200 crore as capital expenditure for the current financial year, a top official has said.The capital expenditure will be spent on offload tractors...
New Delhi [India], The Election Commission of India (ECI) on Saturday said the election-time seizure tally has reached Rs 8,889 crore, with drugs accounting for 45 per cent of the total seizures. This resulted in massive seizure operations and maximum increase in drug seizures. This significant...
New Delhi, Finance Minister Nirmala Sitharaman on Wednesday said Prime Minister Narendra Modi's active role and personal monitoring is responsible for the transformation in the infrastructure sector, which had suffered due to policy paralysis during the UPA regime.Unlike the previous regime...
Mumbai: HDFC Bank, the country's largest private sector lender, spends 6-7 per cent of its total expenditure every year on technology-related aspects, a senior official said on Tuesday.Parag Rao, head of payments and consumer finance at HDFC Bank, said the bank is investing in digital...
New Delhi: A report by Intel-IDC released on Tuesday said that the expenditure on Artificial Intelligence (AI) in the country may increase three times to US $ 5 billion by 2027.According to the report, entities in India spent US$1,703.8 million on AI i 2023."AI spending in India is expected...
NEW DELHI: Major public sector companies have spent a little over Rs 50.20 crore for capital expenditure in April FY2015 alone, which is 6.46 per cent of their full fiscal target of Rs 7.77 lakh crore, an official said. .Although the pace is slower than the capital expenditure of Rs 54,177...
New Delhi: Adani Enterprises, the flagship company of billionaire Gautam Adani-led conglomerate, which has interests ranging from new energy to airports and data centres, plans to spend Rs 80,000 crore across various businesses in the current financial year, the company said. said a senior...