Business News: Economy & Markets

All 20.4 crore household ration cards digitised to ensure poor get foodgrains: Centre

IANS | November 20, 2024 3:50 PM

New Delhi, Nov 20 (IANS) The ration cards of all the 20.4 crore households covering 80.6 crore beneficiaries under the National Food Security Act have been digitised with 99.8 per cent of the ration cards and 98.7 per cent of individual beneficiaries being Aadhaar-seeded to plug leakages in the delivery system and enhance efficiency, the Union Ministry of Food and Public Distribution said on Wednesday.

UDAN scheme enhancing regional connectivity, making it accessible for millions: Centre

IANS | November 20, 2024 3:13 PM

New Delhi, Nov 20 (IANS) The UDAN scheme has fuelled the civil aviation sector, transforming air travel by enhancing regional connectivity and making it accessible for millions, the government said on Wednesday.

Rosneft Arctic research finds rare birds, takes count of polar bear, wild reindeer population

IANS | November 20, 2024 2:15 PM

New Delhi, Nov 20 (IANS) Russian Oil Company Rosneft, which carried out five expeditions in the north of Krasnoyarsk Territory in 2024 as part of its “Tamura” corporate biodiversity conservation programme, has found 60 rare bird species and has taken count of the polar bear and wild reindeer population.

India’s insurtech sector delivers 12X revenue growth in 5 years

IANS | November 20, 2024 1:33 PM

Mumbai, Nov 20 (IANS) India’s insurtech sector has delivered 12 times revenue growth over the last 5 years, with cumulative funding surpassing $2.5 billion and ecosystem valuation over $13.6 billion, a report showed on Wednesday.

Average home price in top 7 Indian cities reaches Rs 1.23 crore, 23 pc jump

IANS | November 20, 2024 1:15 PM

Mumbai, Nov 20 (IANS) As disposable income and private consumption surge, the average price of homes sold in top seven cities was Rs 1.23 crore in the first six months this fiscal, against Rs 1 crore in the corresponding period of FY24, an increase of 23 per cent (year-on-year), according to a report on Wednesday.

Rupee resilient despite FII outflows, India's contribution to world market cap grows

IANS | November 20, 2024 11:25 AM

Mumbai, Nov 20 (IANS) India's strong macroeconomic fundamentals — robust GDP growth, controlled inflation, managed twin deficits and record foreign reserves — have kept the rupee resilient despite foreign institutional investor (FII) outflows, a report showed on Wednesday.

Share market shut for trading on account of Maharashtra election

IANS | November 20, 2024 10:05 AM

Mumbai, Nov 20 (IANS) The Indian stock market was shut on Wednesday due to Maharashtra assembly elections. It lost spectacular gains after witnessing a tremendous surge on Tuesday amid fresh Russia-Ukraine tensions.

2400 youths get jobs with big firms under NSDC scheme

IANS | November 19, 2024 7:39 PM

New Delhi, Nov 19 (IANS) National Skill Development Corporation (NSDC) on Tuesday announced the successful conclusion of Bharatpur Kaushal Mahotsav, where more than 2,400 youth were given appointment letters for jobs with leading corporate employers across multiple sectors.

India producing 330 mn tonnes food grains, generating $50 bn in exports: Agriculture Minister

IANS | November 19, 2024 7:38 PM

New Delhi, Nov 19 (IANS) India now produces 330 million tonnes of food grains annually, contributing significantly to global food trade and generating $50 billion in export earnings”, Union Agriculture Minister Shivraj Singh Chouhan said on Tuesday.

PhonePe becomes top-rated app on Apple app store in India

IANS | November 19, 2024 5:39 PM

New Delhi, Nov 19 (IANS) PhonePe on Tuesday announced that it has hit 6.4 million ratings on the Apple app store in India with an average rating of 4.7 stars.

business

All 20.4 crore household ration cards digitised to ensure poor get foodgrains: Centre

UDAN scheme enhancing regional connectivity, making it accessible for millions: Centre

Rosneft Arctic research finds rare birds, takes count of polar bear, wild reindeer population

India’s insurtech sector delivers 12X revenue growth in 5 years

Average home price in top 7 Indian cities reaches Rs 1.23 crore, 23 pc jump

Rupee resilient despite FII outflows, India's contribution to world market cap grows

Share market shut for trading on account of Maharashtra election

2400 youths get jobs with big firms under NSDC scheme

India producing 330 mn tonnes food grains, generating $50 bn in exports: Agriculture Minister

PhonePe becomes top-rated app on Apple app store in India

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