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GCCs continue robust leasing momentum as Indian office sector eyes new record in 2024

Oct 16, 2024

New Delhi, Oct 16 (IANS) Global capability centres (GCCs) continued their robust momentum in India in the third quarter (Q3) with an overall contribution to the total gross leasing volume (GLV) at 30 per cent, according to a report on Wednesday.The GLV in the overall office sector reached 24.8 million square feet (MSF) across top eight cities in…

Gujarat: Five workers die in Kandla’s Emami Agro plant

Oct 16, 2024

Kandla, Oct 16 (IANS) Five workers including a supervisor lost their lives at the Emami Agro plant in Kandla, Kutch district. The accident occurred while they were cleaning a chemical tank. According to initial reports, the workers died due…

Business

174 quality control orders covering 732 products introduced in last decade: Piyush Goyal

Oct 16, 2024

New Delhi, Oct 16 (IANS) Union Commerce and Industry Minister Piyush Goyal on Wednesday said there were only 14 quality control orders (QCOs) covering 106 products till 2014 and in the last 10 years, the government expanded it to 174 QCOs…

Business

Cabinet approves MSP hike for Rabi crops in 2025-26

Oct 16, 2024

New Delhi, Oct 16 (IANS) The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Wednesday approved the increase in the minimum support prices (MSP) for all mandated Rabi crops for marketing season…

Business

Ahead of Diwali, Centre announces 3 per cent hike in DA for employees

Oct 16, 2024

New Delhi, Oct 16 (IANS) Union Cabinet led by PM Narendra Modi on Wednesday approved a 3 per cent increase in dearness allowance (DA) and dearness relief (DR) for Central government employees and pensioners. The latest hike raises the DA…

Business

Coffee exports from India up 55 pc as global demand grows

Oct 16, 2024

New Delhi, Oct 16 (IANS) As the global demand for Indian coffee surges, the country has clocked coffee exports worth Rs 7,771.88 crore in the first half of current fiscal (FY25), a massive 55 per cent increase from Rs 4,956 crore during the…

Business

India witnesses another strong quarter for two-wheeler sales

Oct 16, 2024

New Delhi, Oct 16 (IANS) Two-wheelers saw strong double-digit growth (year-on-year) in the second quarter of this fiscal, while three-wheelers grew by high single-digits, as wholesale volume trends were mixed across segments, a report…

Business

India’s semiconductor market projected to surpass $100 billion in revenues by 2030

Oct 16, 2024

New Delhi, Oct 16 (IANS) India’s semiconductor market is set to cross $100 billion in revenues by 2030, driven by government initiatives like production-linked incentive (PLI) scheme amid robust demand to build digital infrastructure across…

Business

Indian market trades lower, Nestle and Infosys among top losers

Oct 16, 2024

Mumbai, Oct 16 (IANS) The Indian stock market began trading on a lower note on Wednesday, as Nestle and Infosys were among the top losers in the morning trade.The BSE Sensex began trading at 81,611.07 after slipping 209.05 points or 0.26…

Business

India needs to create 100 million jobs towards ‘Viksit Bharat’ goal: Chandrasekaran

Oct 16, 2024

New Delhi, Oct 16 (IANS) As Indian embarks on the journey to become a developed nation, the country needs to create 100 million jobs to meet the employment needs of the growing workforce, Tata Sons Chairman, N Chandrasekaran, has…

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