The total number of people employed in the country is expected to increase from 596.7 million in 2022-23 to 643.3 million in the financial year ending March 31, 2024.The data shows that while an average of 20 million jobs were created between 2017-18 and 2021-22, the number more than doubled...
Warehousing space growth in India's eight major cities is driven by strong demand from the e-commerce, manufacturing and logistics sectors.Grade A warehouses will occupy a larger market share, according to the ICRA report.Additionally, absorption is estimated to rise to 47 million sq ft in...
The EV will be sold in foreign markets under the name Inster. It will launch first in South Korea this summer, followed by Europe, the Middle East, and Asia Pacific.The company said it has started accepting pre-orders for the long-range "Inspiration" version of the Casper Electric, which was...
Houston, At least four people were killed and nearly three million homes and businesses were left without power when powerful Tropical Storm Beryl, bringing damaging winds and flooding, hit Texas early Monday.Beryl paralyzed schools, businesses, offices and financial institutions shortly after...
Washington, Canada, has become an outlier among the 32-member NATO alliance, a major U.S. media outlet said Monday, on the eve of the crucial NATO summit in this city to be hosted by President American Joe Biden."In recent years, Ottawa has become an outlier among the alliance's 32 members. It...
Bengaluru, Chinese smartphone maker Xiaomi expects to double its device shipments in India to 700 million in the next 10 years, a top company official said on Monday.Speaking on the 10th anniversary of Xiaomi's operations in India, company president Muralikrishnan B said that the company has...
New Delhi: With millions of people across five continents experiencing scorching heat last month, the European Union's climate agency, Copernicus Climate Change Service (C3S), confirmed on Monday that June was the warmest on record.It also marked the 12th consecutive month in which global...
Mumbai: Godrej Electricals & Electronics, the business unit of Godrej & Boyce, on Monday said it has commissioned a 12.5 MWp (MW peak) rooftop solar project for a textile facility in Madhya Pradesh.The solar facility is the three largest in the country and one of the first projects in the...
Uttar Pradesh has witnessed a record 36 per cent rise in pulses production in 2023-24 compared to 2016-17, rising from 2.394 million metric tonnes to 3.255 million metric tonnes.To further increase the area under pulse cultivation and improve per hectare yield, the Yogi government is providing...
Mumbai, The two-wheeler industry is expected to maintain steady volume growth in this fiscal year driven by improving domestic sales and good traction in motorcycles in the executive and premium segments, according to a report released on Monday.According to CareEdge Ratings, post-Covid...
Growth in FY25 is expected to be driven by higher electric vehicle (EV) sales supported by the government's Electric Mobility Promotion Plan (EMPS) 2024, according to knowledge-based analytics group CareEdge Ratings.“Post-pandemic, two-wheeler sales volume steadily declined during FY20, FY21...
New Delhi: Tata Realty on Monday said it has taken a loan of Rs 825 crore from the International Finance Corporation (IFC) to refinance its green commercial project in Chennai."This financing is earmarked for the strategic refinancing of Ramanujan Intellion Park in Chennai, a landmark...
With state support and advocacy by Prime Minister Narendra Modi, e-sports has cemented its place as a new-age sport after getting official recognition as a 'multi-sport' event by the government, they added."More than a decade ago, gaming was nothing but a pastime of a few passionate gamers. If...
In New Delhi, Maruti Suzuki India plans to use Indian Railways to transport 35 percent of the vehicles produced at its factories over the next 7-8 years, according to managing director and CEO Hisashi Takeuchi.The share of vehicle dispatches through railways increased to 21.5 per cent in...
The company has increased its vehicle dispatch through railways from 65,700 units in FY 2014-15 to 447,750 units in FY 2023-24.This achievement makes Maruti Suzuki the first automobile company in India to achieve this eco-milestone.Today, the company ships vehicles to 20 destinations...
New Delhi, Welspun One has raised Rs 2,275 crore from investors for its second fund and would use the capital to develop warehousing properties.Welspun One, an integrated fund and development management platform, on Monday announced the successful close of its second fund totaling Rs 2,275...
Mumbai rupee appreciated by 5 paise to 83.44 against the US dollar in early trade on Monday, as the US currency and crude oil prices retreated from their high levels.Forex traders said foreign fund inflows also helped investor sentiment and supported the rupee.In the interbank forex market...
Since India gained independence in 1947, the population has increased from 336 million to approximately 1.5 billion, which has given rise to issues at many levels, such as public health, poverty, infection and others.The doctor said, on World Population Day, which is observed every year on...
The development works carried out during the six-year term of the current government have surpassed the works carried out during the 48 years of previous governments.The amount of development work done during the tenure of this government has never been done before, Saini said, while...
BSF Tripura border inspector general Patel Piyush Purushottam Das said manpower has been strengthened at sensitive border posts and special operations have been launched to crack down on the network of touts and smugglers in the border areas."The BSF has a zero-tolerance policy against all...