New Delhi, Sep 29 (IANS) State power distribution companies (discoms) will see their operating losses reduce by a third to nearly Rs 8,000-10,000 crore this fiscal (FY26) from an estimated Rs 12,000-15,000 crore last fiscal, a report said on Monday.
New Delhi, Sep 29 (IANS) Nearly half (49 per cent) of senior financial service executives see very high growth potential for Gujarat International Finance Tec-City (GIFT City) as India’s next global financial hub, a new report said on Monday.
New Delhi, Sep 29 (IANS) Global professional services firm EY on Monday raised India’s real GDP growth projection to 6.7 per cent -- up from its earlier estimate of 6.5 per cent, owing to robust GST 2.0 reforms.
New Delhi, Sep 29 (IANS) The Ministry of Heavy Industries (MHI) has issued operational guidelines which earmark an outlay of Rs 2,000 crore for offering subsidies of up to 100 per cent for setting up public charging stations for electric vehicles in cities and across highways under the Rs 10,900 crore PM E-DRIVE scheme.
New Delhi, Sep 29 (IANS) India’s navratri economy is gaining momentum with strong festive tailwinds as e-commerce sales are projected at Rs 1.2 lakh crore -- with UPI volumes crossing 20 billion transactions in August, and MSME festive credit demand is set to rise 35–40 per cent to Rs 3.45 lakh crore, a report said on Monday.
New Delhi, Sep 29 (IANS) The Reserve Bank of India (RBI) is expected to keep the repo rate unchanged at 5.50 per cent in its upcoming Monetary Policy Committee (MPC) meeting, a new report said on Monday.
New Delhi, Sep 29 (IANS) The India-European Free Trade Association's (EFTA) Trade and Economic Partnership Agreement (TEPA) will officially become operational on October 1, with the four-nation bloc comprising Switzerland, Norway, Iceland and Liechtenstein.
Patna, Sep 29 (IANS) Union Railway Minister Ashwini Vaishnaw on Monday inaugurated seven new train services from Bihar, including three Amrit Bharat Express trains aimed at providing affordable long-distance travel options for lower and middle-income passengers.
New Delhi, Sep 29 (IANS) The colocation and cloud services segment in India is building the backbone of the nation's $1 trillion digital economy mission, a report said on Monday.
New Delhi, Sep 29 (IANS) India continues to hold the top position in global milk production for several years now, and contributes nearly a quarter of the world’s supply, contributing 5 per cent to the national economy and directly employing more than 8 crore farmers, an official statement said on Monday.
