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Residential sales taper down in April-June period in top 7 cities, up 5 pc YoY

Jun 27, 2024

Mumbai, June 27 (IANS) Residential sales across top seven cities in India tamed down marginally in the second quarter this year, amid increasing property prices and a high base record of the previous quarter. Housing sales witnessed a quarterly drop of 8 per cent and stood at nearly 1,20,340 units in Q2 2024 across the top seven cities -- against…

Air India to fly A350 planes on Delhi-London route from Sept 1

Jun 27, 2024

New Delhi, June 27 (IANS) Air India announced on Thursday that it will start operating its wide-body A350-900 aircraft on the Delhi-London route with two daily flights from September 1. "The A350-900 will replace the currently deployed…

Business

Time is ripe for founders to take a crack at ‘Bharat’ opportunity: Accel’s Anand Daniel

Jun 27, 2024

New Delhi, June 27 (IANS) Accel, one of the world’s top venture capital firms, has identified ‘Bharat’ as a massive blue ocean opportunity for Indian startups, citing promising economic indicators and evolving consumer behaviour across Tier…

Business

Nifty hits 24,000 for the first time, Sensex at record high

Jun 27, 2024

Mumbai, June 27 (IANS) Indian frontline indices again touched an all-time high on Thursday as strong buying was seen in IT stocks.Sensex and Nifty made an all-time high of 79,240 and 24,036 respectively. This is the first time that nifty…

Business

Maharashtra retains top spot for FDI inflows

Jun 27, 2024

Mumbai, June 27 (IANS) Despite stiff competition from various states, including Gujarat, Karnataka, Andhra Pradesh, Uttar Pradesh and Odisha, Maharashtra has retained its top position in Foreign Direct Investment (FDI) inflows in the…

Business

8 in 10 Indian MSMEs plan to increase Cloud spending in 2025

Jun 27, 2024

New Delhi, June 27 (IANS) About eight in ten Indian Micro, Small and Medium Enterprises (MSMEs), or 81 per cent, plan to increase their Cloud spending in 2025, as they scale investments in customer relationship management (CRM), financial…

Business

Indian MSMEs to create 2 lakh new jobs by 2025: Report

Jun 27, 2024

New Delhi, June 27 (IANS) The Indian micro, small and medium enterprises (MSME) sector employs about 1.2 crore people, and by 2025, the industry is expected to generate over two lakhs new jobs, a report showed on Thursday.The new job…

Business

AI flagship killer realme GT 6 democratises big storage in smartphones

Jun 27, 2024

New Delhi, June 27 (IANS) The evolution of mobile phones has been remarkable, transforming from bulky, brick-like devices with protruding antennas to today's sleek, powerful smartphones.Ironically, those early models had far less storage…

Business

India likely to see 5 times rise in data centre capacity expansion: Report

Jun 27, 2024

New Delhi, June 27 (IANS) Driven by steep data usage and digital adoption, India is likely to see a five times rise in data centre capacity expansion in years to come, a new report said on Thursday. The country requires an additional…

Business

Boosting business efficiency: PhonePe’s PG Solutions help SMEs, MSMEs to scale

Jun 27, 2024

New Delhi, June 27 (IANS) On the occasion of World MSME Day, demonstrating a deep commitment to supporting the backbone of the Indian economy, PhonePe Payment Gateway (PG) on Thursday shared that it is already working with more than half of…

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