World Bank Upgrades India's FY25 Growth, Predicts Over 6% For Next 3 Years
Reported by Sakshi Bajaj | Tuesday September 03, 2024, New DelhiThe World Bank has upgraded India's growth forecast for FY25 to seven per cent from 6.6 per cent, the global financial body said in an India-focused report released Tuesday.
Adani Green And TotalEnergies Form Joint Venture For Khavda Solar Projects
Asian News International | Tuesday September 03, 2024, Ahmedabad (Gujarat)Adani Green Energy Limited (AGEL) and TotalEnergies have announced the formation of a joint venture (JV), equally owned by both partners, to manage a portfolio of 1,150 MW solar projects.
Sensex Closes Above 82,500 Points For First Time Ever, Nifty At 25,278
Indo-Asian News Service | Monday September 02, 2024, MumbaiIndian equity indices closed at a record high on Monday following a positive sentiment in the market.
PM-Led Cabinet Approves Rs 3,300 Crore Semiconductor Unit In Gujarat
Indo-Asian News Service | Monday September 02, 2024, New DelhiThe Union Cabinet, chaired by Prime Minister Narendra Modi, on Monday approved the proposal of Kaynes Semicon Pvt Ltd to setup a semiconductor unit in Sanand, Gujarat, with an investment of Rs 3,300 crore.
Cabinet Okays 7 Schemes Worth About Rs 14,000 Crore For Agriculture Sector
Press Trust of India | Monday September 02, 2024, New DelhiThe Union Cabinet on Monday approved around Rs 14,000 crore outlay for seven big-ticket programmes related to the farming sector, including a Rs 2,817-crore digital agriculture mission and a Rs 3,979-crore scheme for crop science.
Nitin Gadkari Wants States To Consider Cutting GST On Flex-Fuel Vehicles
Press Trust of India | Monday September 02, 2024, New DelhiUnion Minister Nitin Gadkari on Monday said state finance ministers should consider reducing Goods and Services Tax (GST) on flex-fuel vehicles to 12 per cent in the GST Council meeting.
Loan Goes Digital, But Recovery Still Needs Feet On the Street: RBI Official
Asian News International | Monday September 02, 2024, Mumbai (Maharashtra)The digital infrastructure has made the loan sanctioning system adopt an online mode but the loan recovery still requires a 'feet on the street', says Swaminathan J, Deputy Governor of Reserve Bank of India (RBI).
Sensex Breaches 82,600, Nifty Crosses 25,300 As Markets Open At Record High
Edited by Nonika Sharma | Monday September 02, 2024, New DelhiIndian shares hit record highs just after the open Monday, tracking gains in regional peers after US economic data eased growth concerns, while investors await domestic quarterly growth data.
India's Forex Reserve Touches Record High Of $681 Billion
Asian News International | Sunday September 01, 2024, New DelhiIndia's foreign exchange reserves increased by USD 7.023 billion, reaching a fresh record high of USD 681.688 billion, during the week that ended on August 23, according to data released by the Reserve Bank of India.
Goldman Sachs To Cut A Few Hundred Jobs In Coming Weeks In Annual Cull: Report
Sridhar Natarajan, Bloomberg | Saturday August 31, 2024Goldman Sachs Group Inc. plans to dismiss a few hundred employees in the coming weeks as part of the firm's annual cull of low-performing staff, according to people familiar with the matter.
Adani Ports Acquires 80% Stake In Astro Offshore For $185 Million
Press Trust of India | Friday August 30, 2024, New DelhiAdani Ports and Special Economic Zone Ltd (APSEZ) on Friday said it has entered into an agreement to acquire 80 per cent stake in Astro Offshore for USD 185 million in an all-cash deal.
Vistara's Last Flight On November 11, No Bookings After September 3
NDTV News Desk | Friday August 30, 2024, New DelhiVistara Airlines will cease to operate under its brand name on November 11. The airline's operations will be fully integrated with Air India starting from November 12, marking the culmination of a merger process initiated nearly two years ago.
Moody's Raises India's GDP Growth Forecast To 7.2% For 2024
Indo-Asian News Service | Friday August 30, 2024, New DelhiNew York-based Moody's Ratings on Thursday raised its forecast for India's GDP growth for 2024 to 7.2 per cent from 6.8 per cent as projected earlier on the back of stronger private consumption driving up aggregate demand in the economy.
Vistara Bookings To Stop From September 3. Air India Merger From November 12
Asian News International | Friday August 30, 2024, Gurugram (Haryana)TATA SIA Airlines Limited, known by the brand name of Vistara announced its merger with Air India on Friday.
Sensex Opens At Record High Of 82,637, Nifty Reaches All-Time High Of 25,257
Reuters | Friday August 30, 2024, New DelhiThe NSE Nifty 50 index rose to 25,257, while the S&P BSE Sensex climbed to 82,637, with both benchmarks hitting all-time highs.
