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Centre releases Rs 1,78,173 crore as tax devolution to states in festive season

Oct 10, 2024

New Delhi, Oct 10 (IANS) In a bid to enable states to boost development and capital spending, the Centre on Thursday said it has released tax devolution of Rs 1,78,173 crore to state governments, as against the normal monthly devolution of Rs 89,086.50 crore.It includes one advance instalment, in addition to the regular instalment due in…

UPI transactions volume surges 52 pc to 78.97 billion, value crosses Rs 116 lakh crore

Oct 10, 2024

Mumbai, Oct 10 (IANS) The unified payments interface (UPI)-based transactions volume surged 52 per cent to 78.97 billion in the first half this year (H1 2024), from 51.9 billion in the same period last year, a report showed on…

Business

Ratan Tata put brand India on global economy map: Industry chambers

Oct 10, 2024

New Delhi, Oct 10 (IANS) Leading industry chambers on Thursday remembered Ratan Tata as a leader, nation builder, philanthropist, a global entrepreneur and much more. Chandrajit Banerjee, Director General, Confederation of Indian Industry…

Business

Left, VCK leaders likely to meet CM Stalin on Samsung factory stir issue

Oct 10, 2024

Chennai, Oct 10 (IANS) In a bid to resolve the face-off between the Left-backed trade union CITU and the Samsung India management, CPI(M) and VCK top leaders will soon be meeting Chief Minister Stalin here.CPI(M) Tamil Nadu state secretary…

Business

Air cargo volumes in India to see 11 pc growth in FY25, revenues to grow 14 pc

Oct 10, 2024

New Delhi, Oct 10 (IANS) The overall air cargo volumes in India is projected to witness healthy growth of around 9-11 per cent (year-on-year) to around 3.6-3.7 million tonnes in FY25, according to a report on Thursday.This growth will be…

Business

Egypt faces economic strain from regional tensions

Oct 10, 2024

Cairo, Oct 10 (IANS) Egypt is facing extraordinary economic strain from external factors, particularly the ongoing regional conflicts, Egyptian Prime Minister Mostafa Madbouly said in a press conference in Cairo.He noted that within a week,…

Business

Listed Indian real estate players trim debt by 54 pc, bookings at record high

Oct 10, 2024

Mumbai, Oct 10 (IANS) Top eight listed real estate developers in India have reduced their net debt by over 54 per cent in the first quarter of current fiscal (FY25) from the previous peak in FY19, a report showed on Thursday.The net debt of…

Business

Gensol Engineering Limited’s Solar EPC order book crosses INR 4,000 Crore as on 30th September’24

Oct 9, 2024

Gensol Engineering Limited (BSE: 542851, NSE: GENSOL), a leading player in the renewable energy sector specializing in solar power engineering, procurement, and construction (EPC

Business

India’s tea exports up over 23 pc in January-July period

Oct 9, 2024

New Delhi, Oct 9 (IANS) Tea exports from India saw a healthy 23.79 per cent growth (year-on-year) to reach 144.50 million kilograms in the January-July period this year.According to the Tea Board of India, the country exported 116.73…

Business

Sensex closes down by 167 points, IT, realty stocks gain

Oct 9, 2024

Mumbai, Oct 9 (IANS) Indian frontline equity indices closed in the red on Wednesday as they erased gains in the last hour with Reliance, and Nestle shares pulling them lower. At closing, Sensex closed at 81,467, down 167 points, or 0.21 per…

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