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India’s fiscal deficit crosses Rs 8 lakh crore in 7 months

Nov 30, 2023

New Delhi, Nov 30 (IANS) India's fiscal deficit for the first seven months of the current financial year stands at Rs 8.04 lakh crore, which is 45 per cent of the estimate for the full year, according to government data released on Thursday.The net tax revenues for April-October stood at Rs 13.02 lakh crore, or 55.9 per cent of the annual estimate,…

India posts 7.6% GDP growth in July-Sep quarter as manufacturing surges

Nov 30, 2023

New Delhi, Nov 30 (IANS) India's economy grew at 7.6% in the July-September quarter of the current financial year despite a slowdown in agriculture as the robust performance of the manufacturing sector and high government expenditure on big…

Business

India’s retail inflation slows to 4-month low in Oct

Nov 30, 2023

New Delhi, Nov 30 (IANS) India's retail inflation slowed to a four-month low of 4.87 per cent in October from 5.02 per cent in September, bringing respite to consumers. The falling inflation level is also coming closer to the RBI's 4 per…

Business

Burnout affects 27% of employees in big Indian companies, women worst hit: Report

Nov 30, 2023

New Delhi, Nov 30 (IANS) In 2023, burnout risk remained a concern, affecting 27 per cent of employees in large Indian companies, which is three per cent higher compared to their mid-sized counterparts, a new report said on…

Business

Yogi asks startups not to compromise on quality; assures priority in government purchases

Nov 30, 2023

Lucknow, Nov 30 (IANS) Uttar Pradesh Chief Minister Yogi Adityanath on Thursday urged the MSME entrepreneurs of the state not to compromise quality of their products and underlined the state government's commitment to giving them priority…

Business

Bengaluru Tech Summit: One passenger-one smart card soon, says BMRCL MD

Nov 30, 2023

Bengaluru, Nov 30 (IANS) Passengers using different public transport like metro, cab and bus here can travel while using a single smart card, said Bengaluru Metro Rail Corporation (BMRCL) Managing Director Anjum Parvez.While speaking during…

Business

EVs suffer from 79% more maintenance issues than gas-powered cars: Report

Nov 30, 2023

San Francisco, Nov 30 (IANS) Electric vehicles (EVs) suffer from 79 per cent more maintenance issues than gas or diesel-powered vehicles, while plug-in hybrid EVs have 146 per cent more problems, a new report has found.According to the…

Business

India-Russia can cooperate in building small floating reactors: Rosatom chief

Nov 30, 2023

Chennai, Nov 30 (IANS) India and Russia can cooperate in building small floating reactors with the latter providing the nuclear heart (reactor) and the former taking care of the tow boat and electrical systems, said a top official of…

Business

US sanctions cryptocurrency mixer used by North Korea

Nov 30, 2023

San Francisco, Nov 30 (IANS) The US Department of the Treasury has sanctioned a cryptocurrency mixer for serving as a "key money-laundering tool" of a North Korea-linked hacking group, in the latest effort to prevent Pyongyang's cyber…

Business

5G mobile subscriptions in India to reach 130 mn in 2023

Nov 30, 2023

New Delhi, Nov 30 (IANS) 5G subscriptions in India are expected to reach 130 million in 2023, and are estimated to grow to 860 million by 2029, a new report showed on Thursday. 5G subscriptions are estimated to account for 68 per cent of…

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