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India’s 1st semiconductor chip to be ready for production by 2025: Ashwini Vaishnaw

Feb 26, 2025

New Delhi, Feb 26 (IANS) The first ‘Made in India’ semiconductor chip would be ready for production this year, Union Minister for Railways and Electronics and IT, Ashwini Vaishnaw, has said.India has made significant progress in semiconductor manufacturing, with five units under construction simultaneously. The first ‘Made in India’ chip is…

Kisan Credit Card amount crosses Rs 10 lakh crore, benefits 7.72 crore farmers

Feb 26, 2025

New Delhi, Feb 26 (IANS) Showcasing credit deepening in agriculture and reduced dependency on non-institutional credit, the amount under operative Kisan Credit Card (KCC) accounts has more than doubled from Rs 4.26 lakh crore in March 2014…

Business

CFO Fernandez to replace Schumacher as Unilever CEO, Srinivas Phatak to be acting CFO

Feb 25, 2025

New Delhi, Feb 25 (IANS) Global FMCG giant Unilever announced on Tuesday that Hein Schumacher is stepping down as Chief Executive Officer and Chief Financial Officer Fernando Fernandez will be appointed to replace him in the top job with…

Business

Govt committee to review US reciprocal tariffs, submit report by March 15

Feb 25, 2025

New Delhi, Feb 25 (IANS) As the US plans to impose reciprocal tariffs across trading countries by April 2, the Indian government has formed a high-level committee which is tasked to review tariff relief on imports from the US.The panel,…

Business

8 in 10 Indian developers able to boost productivity by using GenAI

Feb 25, 2025

Mumbai, Feb 25 (IANS) About eight out of 10 developers in India have reported significant productivity gains by using generative AI, as the new technology is transforming IT-enabled services (ITeS) industry in the country, according to a…

Business

UK-India Business Council upbeat as FTA talks get underway

Feb 25, 2025

New Delhi, Feb 25 (IANS) The UK-India Business Council on Tuesday welcomed the restart of the Free Trade Agreement (FTA) negotiations during UK Business and Trade Secretary Jonathan Reynolds' visit to India, which includes two days of…

Business

India job postings by Tesla shows renewed focus on country’s growing EV market

Feb 25, 2025

New Delhi, Feb 25 (IANS) The recent job postings by Elon Musk-led Tesla across various roles highlights the American electric vehicle (EV) and clean energy company’s renewed focus on establishing a foothold in India’s rapidly growing EV…

Business

India’s private sector companies post higher profits, lower debt: RBI

Feb 25, 2025

New Delhi, Feb 25 (IANS) The operating profit margin as well as net profit margin of private sector corporates in India improved across major sectors during 2023-24 while their debt burden declined during the year, reflecting the growing…

Business

8 Indian cities see 10 pc growth in housing prices in Q4, up for 16th consecutive quarter

Feb 25, 2025

Mumbai, Feb 25 (IANS) Led by healthy demand momentum and positive market sentiment, average housing prices across the top eight markets in India witnessed a 10 per cent rise (year-on-year) during the last quarter of 2024, a report showed on…

Business

Maruti Suzuki India begins commercial production at Kharkhoda facility in Haryana

Feb 25, 2025

New Delhi, Feb 25 (IANS) In a further boost to domestic manufacturing, Maruti Suzuki India on Tuesday said it has started commercial production at its Kharkhoda facility in Haryana.The foundation stone for this facility was laid by the…

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