Over 32 pc of global GCC talent is currently in India: FM Sitharaman

IANS | July 14, 2025 9:05 PM

New Delhi, July 14 (IANS) India has become a leading source of AI talent, currently housing 32 per cent of the global GCC talent pool, 28 per cent of the world’s STEM workforce, and 23 per cent of global software engineering talent, Finance Minister Nirmala Sitharaman said on Monday.

India achieves 50 pc clean power capacity five years ahead of target

IANS | July 14, 2025 7:15 PM

New Delhi, July 14 (IANS) India has achieved a landmark in its energy transition journey by reaching 50 per cent of its installed electricity capacity from non-fossil fuel sources - five years ahead of the target set under its Nationally Determined Contributions (NDCs) to the Paris Agreement, the Ministry of New and Renewable Energy announced on Monday.

Nelco’s Q1 net profit slumps over 60 pc, expenses rise 8.5 pc

IANS | July 14, 2025 6:41 PM

Mumbai, July 14 (IANS) Tata Group-backed Nelco Limited on Monday reported a sharp decline in its consolidated net profit year-on-year (YoY) for the first quarter (Q1) of FY26, with profits plunging 60.52 per cent to Rs 1.80 crore, compared to Rs 4.56 crore in the same period previous year (Q1 FY25).

India’s retail inflation falls to over 6-year low of 2.1 pc in June

IANS | July 14, 2025 4:58 PM

New Delhi, July 14 (IANS) India’s inflation rate based on the Consumer Price Index (CPI) eased further to 2.1 per cent in June this year compared to the same month of the previous year. This is the lowest level of retail inflation since January 2019, according to a statement issued by the Ministry of Statistics on Monday.