New Delhi, Dec 11 (IANS) The International Monetary Fund’s approval of a $1.2 billion tranche for Pakistan will help the country avoid immediate default on foreign debt repayments but is unlikely to ease the squeeze on mainstream households, a new report has stressed.
New Delhi, Dec 11 (IANS) Wealth creation in the Indian equity market during 2020–2025 (five-year period) was the highest in the last 30 years, with the top 100 companies adding Rs 148 trillion, driven by the sharp rebound from the Covid-19 pandemic lows, a report showed on Thursday.
Mumbai, Dec 11 (IANS) The Reserve Bank of India (RBI) on Wednesday bought government bonds worth Rs 50,000 crore from the market in order to infuse more liquidity in the banking system to spur growth in the economy.
New Delhi, Dec 11 (IANS) The government on Thursday flagged off the commercial operation of the country’s first fully indigenous hydrogen fuel cell passenger vessel at Namo Ghat, Varanasi, marking a major step in its green maritime push.
New Delhi, Dec 11 (IANS) Amaravati is positioning itself as a national and global centre for quantum computing, with the Amaravati Quantum Valley (AQV) hosting South Asia’s first 133-qubit quantum computer, according to a report.
Mumbai, Dec 11 (IANS) The National Stock Exchange (NSE) on Thursday warned investors about five individuals -- Krishnam Raju, Pratiban, Pooja Sharma, Aman, and M Amit -- over providing unauthorised investment tips.
Mumbai, Dec 11 (IANS) India’s export ecosystem received a major boost on Thursday with the inauguration of the New Enterprises and Service Tower (NEST)-02 at SEEPZ SEZ in India's financial hub.
Bengaluru, Dec 11 (IANS) Microsoft Chairman and CEO Satya Nadella on Thursday announced strategic partnerships with four leading IT companies — Cognizant, Infosys, TCS and Wipro — where each of these companies will deploy over 50,000 Microsoft Copilot licenses, collectively surpassing 200,000 licenses and accelerating the adoption of agentic AI.
New Delhi, Dec 11 (IANS) India is poised to become a global industrial powerhouse by 2047, with manufacturing’s share of gross domestic product (GDP) targeted to rise from about 17 per cent now to roughly 25 per cent, a report showed on Thursday.
Mumbai, Dec 11 (IANS) Indian stock markets bounced back on Thursday, ending a three-day losing streak, after the US Federal Reserve announced a 25-basis-point interest rate cut.
