Kolkata, Feb 13 (UNI) Amazon and the Directorate General of Foreign Trade (DGFT) on Thursday announced an extension of their collaboration to accelerate ecommerce exports from India. This builds on their initial Memorandum of Understanding (MoU) signed in November 2023, which aimed to leverage the government’s Districts as Export Hubs initiative to boost MSME (micro,…
Mumbai, Feb 13 (UNI) RBI Governor Sanjay Malhotra on Thursday held a meeting with the Managing Directors and CEOs of select Non-Banking Financial Companies (NBFCs) across all layers, including Government NBFCs, Housing Finance Companies and Micro-Finance Institutions and stressed upon balancing growth aspirations with sound practices for ensuring inclusive development, customer protection and financial stability….
Hyderabad,. Feb 13 (UNI) Tech giant Microsoft will set up an Artificial Intelligence (AI) Center here in collaboration with the Telangana government, Chief Minister A Reventh Reddy announced on Thursday. The new center will develop cloud-based AI infrastructure, including an AI Knowledge Hub, Reddy said after inaugurating another new facility of the Microsoft company at…
Mumbai, Feb 12 (UNI) Extending losses for the sixth consecutive session on Wednesday, the BSE Sensex lost by 122.52 points to settle at 76,171.08 on weak global cues. The National Stock Exchange (NSE) fell 26.55 points at 23,045.25. The Sensex fell 105 points to open at 76,188.24. During the day, it was tanked 905 points…
New Delhi, Feb 12 (UNI) Staying below Reserve Bank of India’s (RBI) comfort level, India’s retail inflation measured by consumer price index (CPI) eased to 4.31% year-on-year (YoY) in January 2025 from 5.22% in the previous month. Headline inflation in January this year is the lowest year-on-year inflation after August, 2024. As per data released…
New Delhi, February 12: Bharat Heavy Electricals Limited (BHEL) has secured a major order under domestic competitive bidding, for setting up the 2×660 MW Koradi supercritical thermal power station (Units 11 & 12), in Nagpur district, Maharashtra. The order has been placed on BHEL by MAHAGENCO. BHEL’s scope of work in the project envisages design,…
Mumbai/New Delhi, Feb 11 (UNI) India’s benchmark indices on Tuesday nosedived as the BSE Sensex fell over 1,018 points on wide-spread selling mainly due to worries over escalating tariff war after Trump imposed 25 percent import tariff on Steel and aluminium that would impact India’s business prospects. In these five trading sessions, over 18 lakh…
Prayagraj, 11th February 2025: Mukesh Ambani, along with his mother, sons, and grand children, today took the Holy Dip at Triveni Sangam on the occasion of Maha Kumbh at Prayagraj. Mr Ambani along with his mother, Kokilaben, sons Akash and Anant, daughter-in-laws Shloka and Radhika, grandchildren Prithvi and Veda, and sisters Dipti Salgaocar and Nina…
New Delhi, Feb 8 (UNI) Gokaldas Exports on Saturday reported 65 percent jump in Profit After Tax (PAT) year-on-year at Rs 50 crore during the third quarter (October-December) of 2024-25, versus Rs 30 crore in the same quarter of last financial year. Gokaldas Exports has evolved into a one-stop solution for some of the world’s…
New Delhi, Feb 8 (UNI) Finance Minister Nirmala Sitharaman on Saturday said there is good coordination between the Government and the Reserve Bank of India (RBI) and no one encroaches on the other’s territory and that is always good for the economy. “There has been good coordination between RBI and the Government. Whether it is…
