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India to make huge progress on back of young population, rapid development: NSE CEO

Jun 20, 2024

Mumbai, June 20 (IANS) Riding on a young talented population, rapid technological developments and overall economic growth, India will be able to generate more wealth in comparison to other countries in years to come, Ashish Kumar Chauhan, Managing Director and CEO of National Stock Exchange (NSE) said.According to him, over the next 50 years,…

IndiGo shifts international operations to terminal 3 at Chaudhary Charan Singh International Airport…

Jun 20, 2024

IndiGo, India's preferred airline, has announced that all international flights operating from Chaudhary Charan Singh International Airport will arrive and depart from the newly built terminal 3, starting from 06:00 hrs on June 19, 2024.

Business

AI platform OrbitShift raises $7 million to expand product footprint

Jun 20, 2024

New Delhi, June 20 (IANS) AI-native sales operating system OrbitShift on Thursday said it has raised $7 million in seed funding led by Peak XV’s Surge and Stellaris Venture Partners.OrbitShift said it plans to leverage the funding to expand…

Business

Sensex trades flat after opening in green

Jun 20, 2024

Mumbai, June 20 (IANS) Indian equity benchmarks were trading flat on Thursday as mixed cues from global markets. At 9.50 a.m., Sensex was down 28 points or 0.04 per cent, at 77,309 and Nifty was down 16 points or 0.07 per cent at…

Business

Probe into imported Toyota, Yamaha models over fraudulent Japanese testing

Jun 20, 2024

Seoul, June 20 (IANS) The South Korean government said on Thursday it has carried out a probe into some imported vehicles made by Japanese automakers Toyota Motor Corp. and Yamaha Motor Co. in connection with their improper certification…

Business

Mirae Asset Mutual Fund launches India’s 1st EV exchange-traded fund

Jun 20, 2024

Mumbai, June 20 (IANS) Mirae Asset Investment Managers (India) on Thursday launched India’s first exchange-traded fund (ETF) focused on the electric vehicles (EV) and new-age automotive segment, after the National Stock Exchange (NSE)…

Business

Samsung unveils industry’s first AI hybrid fridge using ‘Peltier’ modules

Jun 20, 2024

Seoul, June 20 (IANS) Samsung Electronics on Thursday unveiled the industry's first hybrid refrigerator using semiconductor elements and artificial intelligence (AI) to improve energy efficiency and performance.The new Bespoke AI Hybrid…

Business

RBI sees India’s economy shifting from 7 to 8 per cent

Jun 19, 2024

Mumbai, June 19 (IANS) There is an increasing evidence of a trend upshift taking shape, which is shifting India's growth trajectory from the 2003-19 average of 7 per cent to the 2021-24 average of 8 per cent or even more, powered by…

Business

4 Adani ports make it to World Bank’s global ‘Container Port Performance Index’

Jun 19, 2024

Ahmedabad, June 19 (IANS) Adani Ports and Special Economic Zone Limited (APSEZ) on Wednesday said four of its ports have been featured in the prestigious 'Container Port Performance (CPP) Index 2023', developed by the World Bank and S&P…

Business

Coal stocks at power plants touch all-time high as production shoots up

Jun 19, 2024

New Delhi, June 19 (IANS) Despite extremely high peak summer demand for power, the coal stocks at thermal power plants exceeded a record 45 million tonnes (MT) as on June 16, 2024, which is 31.71 per cent higher compared to the same period…

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