Adani to build 570 MW green hydro plant in Bhutan
Gautam Adani announced the Adani Group's agreement with Bhutan for a 570 MW green hydro plant and collaborative infrastructure initiatives during meetings with Bhutan's King and Prime Minister in Thimphu.
Follow usNews Arena Network - Thimphu - UPDATED: June 17, 2024, 12:24 AM - 2 mins read
Gautam Adani met Bhutan King Jigme Khesar Namgyel Wangchuck and Prime Minister Dasho Tshering Tobgay in Thimphu.
Tripura plan ₹100 cr aqua park to boost fisheries
June 26, 2024, 05:20 AM - 2 mins read
SBI raises ₹10,000 cr via infrastructure bonds
June 26, 2024, 02:26 AM - 2 mins read
India to add 7 new nuclear reactors in 5 years
June 26, 2024, 12:13 AM - 2 mins read
India nears 8% growth, warns on policy errors: Das
June 25, 2024, 11:32 PM - 2 mins read
Sensex hits new all-time high in early trade
June 25, 2024, 09:32 PM - 2 mins read
Nifty hit highs, banks drive market up
June 25, 2024, 04:42 AM - 2 mins read
India extends ₹10,000 cr PLI scheme to garments
June 25, 2024, 04:17 AM - 2 mins read
Indian markets open strong; banking stocks lead
June 25, 2024, 12:05 AM - 2 mins read
India's growth at risk due to water crisis:Moody's
June 24, 2024, 11:57 PM - 2 mins read
India’s CAD declines to $23.2 bn, 0.7% of GDP
June 24, 2024, 09:38 PM - 3 mins read
Sensex close higher despite early volatility
June 24, 2024, 03:24 AM - 2 mins read
India's infrastructure boom ahead: Morgan Stanley
June 24, 2024, 01:49 AM - 2 mins read
Economy
See AllJune 26, 2024, 05:20 AM - 2 mins read
The fisheries department plans to undertake pisciculture and establish a tourist spot, boating facility, restaurant, and fish feeding factory.“These components aim to promote and develop the fisheries sector while attracting tourists, providing a significant boost to both sectors," the official explained.
Read moreJune 26, 2024, 02:26 AM - 2 mins read
"The issue attracted overwhelming response from investors with bids in excess of ₹19,884 crore and was oversubscribed by around four times against the base issue size of ₹5,000 crore," SBI revealed in a BSE filing. The total number of bids received was 143, indicating wider participation and a diverse array of investors.
Read moreJune 26, 2024, 12:13 AM - 2 mins read
Singh emphasized the need for the Department of Atomic Energy to enhance integration and collaboration to fully harness its potential. This includes capacity building, knowledge sharing, and leveraging resources and expertise. He highlighted the importance of developing indigenous technology to ensure energy security.
Read moreJune 25, 2024, 11:32 PM - 2 mins read
Speaking at the Annual General Meeting of the Bombay Chamber of Commerce on Tuesday, Das defended the monetary policy committee's (MPC) decision to maintain the 4% inflation target. He emphasized the importance of avoiding policy errors related to inflation control. Earlier this month, the MPC kept the policy interest rate unchanged at 6.5% for the eighth consecutive time, citing inflationary concerns.
Read moreJune 25, 2024, 09:32 PM - 2 mins read
Among the 30 Sensex companies, UltraTech Cement, ICICI Bank, Larsen & Toubro, Kotak Mahindra Bank, NTPC, Bajaj Finance and Tata Motors were the biggest gainers.
Read moreJune 25, 2024, 04:42 AM - 2 mins read
Leading the charge in the Nifty 50 were Shriram Finance, Axis Bank, ICICI Bank, and both HDFC entities. Meanwhile, the Bank Nifty index also saw a remarkable rally, gaining over 1,000 points in a single day and reaching an all-time high of 52,746.50. The Bank Nifty closed 902 points or 1.74% higher from its previous close, at 52,606.
Read moreJune 25, 2024, 04:17 AM - 2 mins read
Addressing attendees at the India International Garment Fair (IIGF), Minister Singh, highlighted government's commitment to boost growth within the textiles and garments industry. The PLI scheme, which initially received a budgetary allocation exceeding Rs 10,000 crore, has already been instrumental in promoting the production of man-made fibre apparel, fabrics, and technical textiles across the country.
Read moreJune 25, 2024, 12:05 AM - 2 mins read
Among the top performers on the Nifty50, Axis Bank, Ultratech Cement, HDFC Bank, Britannia, and Hero MotoCorp led the gainers. Conversely, BPCL, HCLTech, Adani Ports, Asian Paints, and NTPC faced selling pressure and were the top losers.
Read moreJune 24, 2024, 11:57 PM - 2 mins read
The global ratings agency highlighted that the worsening water scarcity could intensify economic volatility in India, affecting sectors heavily reliant on water such as coal power generators and steel-makers. Moody's noted that India's economy is expected to grow at 6.5% in 2024, outpacing other G20 economies, but this growth comes with heightened water consumption challenges.
Read moreJune 24, 2024, 09:38 PM - 3 mins read
India's current account deficit significantly declined to $23.2 billion (0.7% of GDP) in 2023-24 from $67 billion (2% of GDP) the previous year, driven by a lower merchandise trade deficit and increased net invisible receipts, with notable improvements in foreign exchange reserves, services exports, and portfolio investments, according to the RBI.
Read moreJune 24, 2024, 03:24 AM - 2 mins read
The BSE Sensex rose by 131 points to settle at 77,341, showcasing a recovery after a subdued start to the day. Mahindra & Mahindra led the gainers on the Nifty, supported by Power Grid Corporation of India and Sun Pharmaceutical Industries. Conversely, IndusInd Bank and Tata Steel were among the prominent losers on the index.
Read moreJune 24, 2024, 01:15 AM - 2 mins read
In its recent publication titled The New India - Infrastructure, Morgan Stanley emphasized the pivotal role of infrastructure investment in economic development. The report highlights India’s increased focus on infrastructure over the past decade, coupled with efforts to enhance productivity.
Read more