Cabinet okays Rs 10,700 crore equity infusion in FCI

IANS | November 6, 2024 4:30 PM

New Delhi, Nov 6 (IANS) The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Wednesday approved an infusion of equity to the tune of Rs 10,700 crore in the Food Corporation of India (FCI) for working capital in the financial year 2024-25.

India’s smaller cities drive online sales during festive season: Report

IANS | November 6, 2024 12:32 PM

New Delhi, Nov 6 (IANS) There has been a 49 per cent surge in online sales during the festive season this year driven mainly by purchases from smaller cities (Tier-II and Tier-III) in the country, which account for over 60 per cent of sales, according to a report compiled by logistics intelligence platform ClickPost.

India's services sector growth surges in Oct

IANS | November 6, 2024 12:00 PM

New Delhi, Nov 6 (IANS) Indian service providers maintained a strong rate of output expansion in October, with growth recovering from September's ten-month low, which also led to the creation of more jobs during the month, according to HSBC's survey released on Wednesday.

Indian stock market opens in green ahead of US election outcome

IANS | November 6, 2024 10:12 AM

Mumbai, Nov 6 (IANS) As counting for the keenly-contested US presidential election went underway, the Indian stock market opened in green on Wednesday as buying was seen in sectors like realty, media, energy, private bank and infrastructure.