Browsing Category

Business

Business & economy, industries, companies, technologies and MNCs – News

Delhi Airport’s re-carpeted runway becomes operational: DIAL

Feb 3, 2024

New Delhi, Feb 3 (IANS) The GMR-led Delhi International Airport Limited (DIAL) on Saturday announced the completion of the re-carpeting and refurbishment work of Runway 10/28 (RWY 10/28 - also known as the second runway). The runway has been handed over to Air Traffic Control (ATC) for commercial operations from Saturday, said a DIAL…

Global banks face mounting losses on lending to troubled US commercial property sector

Feb 3, 2024

London, Feb 3 (IANS) Nearly a year on from a banking crisis that led to the collapse of three US regional lenders and the emergency takeover of Credit Suisse in Europe, a fresh chill is running through banks as far apart as New York, Tokyo…

Business

India a silver lining is 5G era as Ericsson, Nokia, Samsung report revenue slump

Feb 3, 2024

New Delhi, Feb 3 (IANS) Marking 5G era’s first record low year, Ericsson, Nokia and Samsung each announced a drop in overall 2023 sales in their earnings calls, citing macroeconomic challenges and a shrinking mobile network infrastructure…

Business

India’s first solar-powered village in Gujarat a template for country to follow

Feb 3, 2024

Modhera, Feb 3 (IANS) A unique blend of tradition and modernity, the hamlet of Modhera, nestled in the heart of Gujarat, has carved its name in history by becoming India's first solar-powered village.This initiative, which caught global…

Business

Solar lights for Chamunda trail in HP; solar fencing for farmers to bar strays

Feb 3, 2024

Shimla, Feb 3 (IANS) The Himalayan state of Himachal Pradesh, where farming communities are vulnerable to the effects of climate change, is focusing on a renewable energy transition -- the path to keep 1.5 degrees Celsius in reach.…

Business

Govt banks on big-ticket infra projects to put economy on growth track

Feb 3, 2024

New Delhi, Feb 3 (IANS) Big ticket infrastructure projects in the highways, railways and ports sector will continue to drive growth in the Indian economy as the government has stepped up the outlay for these investments in the interim…

Business

India can become $7-tn economy by 2030 if states stay small business-friendly

Feb 3, 2024

New Delhi, Feb 3 (IANS) The Finance Ministry said that ten years ago, India was the 10th largest economy in the world, with a GDP of USD 1.9 trillion at current market prices. “Today, it is the 5th largest with a GDP of USD 3.7 trillion,…

Business

Savings rate down but healthy at 30%; uptick in housing loans drives credit growth

Feb 3, 2024

Chennai, Feb 3 (IANS) India’s household savings, a major contributor for the economic growth, is on the decline since FY12 and is currently averaging at about 30 per cent of the Gross Domestic Product (GDP), said top economists. “The…

Business

Multidimensional Poverty Index offers more nuanced view than monetary metric

Feb 3, 2024

New Delhi, Feb 3 (IANS) Traditionally, poverty has been measured by assessing monetary resources available for an individual or household. The monetary metric generally used were household income or consumption expenditure. However, this…

Business

SBI records 35% fall in Q3 net profit at Rs 9,163 crore

Feb 3, 2024

New Delhi, Feb 3 (IANS) State Bank of India (SBI) on Saturday reported a 35 per cent decline in net profit at Rs 9,163 crore for the October-December quarter of the current financial year. SBI said that the drop in profit was due to a…

Previous 1 … 1,029 1,030 1,031 1,032 1,033 … 1,794 Next