Bhubaneswar, (UNI) The SAIL has once again reaffirmed its commitment to national defense by supplying the entire 4000 Tonnes of Special Steel for India’s indigenous sixth frigate ship, “Vindhyagiri,”. The Special steel includes special rolled plates of the New Plate Mill of Rourkela Steel Plant. The ship is part of the Project P17A initiative undertaken…
New Delhi, Aug 16 (UNI) The Union Cabinet, chaired by Prime Minister Narendra Modi, approved PM e-Bus Sewa on Wednesday with an estimated cost of Rs 57,613 crore. Briefing the media on the Cabinet decision, Information and Broadcasting (I&B) Minister Anurag Thakur said that 10,000 new electric buses will be made available under PM e-Bus…
New Delhi, (UNI) Lauding Prime Minister Narendra Modi’s Independence Day speech, industry bodies CII and Assocham on Tuesday said they are confident of India becoming the third largest economy in the world in the coming five years. “With the building blocks of sustaining high growth in place, CII is confident that the Prime Minister’s vision…
Hyderabad, (UNI) Finolex Cables Limited is India’s largest and leading manufacturer of Electrical and Communication cables, on Monday announced a 39 per cent up in net profit to Rs 132.2 crore for the first quarter ended on June 30,2023 as compared to Rs 95.6 crore in the corresponding period in the previous year. The company…
New Delhi, (UNI) Amid slowdown in global demand, India’s merchandise exports fell 15.88% year-on-year to US$ 32.25 billion in July 2023. India had shipped goods worth US$ 38.34 billion in July 2022. India’s merchandise imports stood at US$ 52.92 billion in July 2023, a drop of 17% compared to imports worth US$ 63.77 billion in…
New Delhi, August 14 (UNI) India’s retail inflation measured by consumer price index (CPI) shot up to 7.44% year-on-year in July 2023 driven primarily by high food prices. Retail inflation print was 4.87% in June this year. The latest inflation number is way above Reserve Bank of India’s (RBI) upper tolerance band of 6%. The…
Mumbai, Aug 14 (UNI) The BSE Sensex on Monday dropped 302.32 pts at 65,022.33 in opening trade as selling was seen in Metal, Realty, Telecommunications and Commodities stocks. The Nifty fell 108.65 pts at 19,319.65. The selling in Metal, Realty, Telecommunications and Commodities kept the by low in opening trade. The Mid Cap declined by…
New Delhi, Aug 14 (UNI) India’s wholesale inflation continued to be in the negative zone but increased to (-) 1.36% in July 2023 from (-) 4.12% in June, data released by Ministry of Commerce and Industry showed on Monday. This is the fourth consecutive month of negative wholesale price index (WPI)-based inflation. The month over…
New Delhi, Aug 12 (UNI) With Deloitte resigning as statutory auditor of Adani Ports and SEZ Ltd (APSEZ), the Gautam Adani-led business conglomerate has appointed MSKA & Associates as its replacement. In its resignation letter, Deloitte said that it is quitting because it is not statutory auditors of a substantial number of other Adani group…
Mumbai, (UNI) Honda Motorcycle & Scooter India (HMSI) on Friday launched the all new CD110 Dream Deluxe priced ar Rs 73400. Speaking on the launch, Mr. Tsutsumu Otani, Managing Director, President & CEO, Honda Motorcycle & Scooter India, said, “ This next generation motorcycle, packed with comfort, convenience and reliability, reflects HMSI’s commitment to providing…
