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PM Modi shares ‘Budget 2024 Blueprint’ for a skilled and Viksit Bharat

Jul 27, 2024

New Delhi, July 26 (IANS) Prime Minister Narendra Modi on Friday shared ‘Budget 2024 Blueprint’ on NaMo App that aims to explain various government announcements, schemes and new initiatives around job creation and skilling in a simpler way.PM Modi said in a post on X social media platform that Budget 2024 aims to create jobs with new Employment…

ITC’s digital investments powered mainstreaming of digital-first culture: Sanjiv Puri

Jul 27, 2024

New Delhi, July 26 (IANS) At the company’s 113th AGM address, Sanjiv Puri, Chairman and Managing Director, ITC Ltd, shared his vision on 'ITC: Stakeholder Value through Purposeful Performance'.In his address, Puri said ITC’s digital…

Business

All states have got funds in Union Budget as in the past: FM Sitharaman

Jul 27, 2024

New Delhi, July 26 (IANS) Finance Minister Nirmala Sitharman said on Friday that just like in the past, all states have been allocated funds in the Union Budget 2024-25, and no state has been denied anything.In an exclusive interview with…

Business

Nuclear power plants at Kudankulam delivers 100 billion kWh

Jul 26, 2024

Chennai, June 26 (IANS) The two 1,000 MW nuclear power plants at Tamil Nadu's Kudankulam have delivered 100 billion kWh to the Indian power grid, Russian integrated atomic power major Rosatom said. According to Rosatom, the two units are…

Business

India’s Forex reserves surge to lifetime high of $670.86 bn

Jul 26, 2024

Mumbai, July 26 (IANS) India's foreign exchange (Forex) reserves rose for the third-consecutive week to touch a new lifetime high of $670.86 billion as of July 19, according to the latest data released by the RBI on Friday. The reserves…

Business

India now home to more than 1.4 lakh startups: Union Minister

Jul 26, 2024

New Delhi, July 26 (IANS) India now has more than 1.4 lakh startups, as the government continues to nurture innovation and encourage investments in the ecosystem, Union Minister of State for Commerce and Industry, Jitin Prasada, informed on…

Business

Indigo’s net profit drops 11.7 pc to Rs 2,728 cr in Q1, revenue up 17.3 pc

Jul 26, 2024

Mumbai, July 26 (IANS) Leading low-cost airline Indigo on Friday reported net profit at Rs 2,728 crore for the April-June quarter -- a drop of 11.7 per cent from Rs 3,090.6 crore in the same quarter last year.The operational revenue of the…

Business

DGFT tweaks Export Promotion Capital Goods scheme to help exporters

Jul 26, 2024

New Delhi, July 26 (IANS) The Directorate General of Foreign Trade (DGFT) has announced significant enhancements to the Export Promotion Capital Goods (EPCG) Scheme aimed at simplifying processes, reducing transaction costs, and promoting…

Business

Kia’s net profit up 5 pc to $2.1 bn on pricier models, weak currency

Jul 26, 2024

Seoul, July 26 (IANS) Kia, South Korea's second-largest automaker, said on Friday its second-quarter net profit rose 5 per cent from a year ago, helped by the company's sales focus on pricier models and a weak won.Net profit for the…

Business

Angel tax abolition to further ease funding winter for Indian startups: Experts

Jul 26, 2024

New Delhi, July 26 (IANS) The abolition of angel tax will further ease the funding winter for the Indian startup ecosystem as the tax burden will go away for foreign investors, industry experts said on Friday.The Department for Promotion of…

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