Month: September 2024

 The global Renewable Energy Investors' Meet and Expo (RE-INVEST) drew investment commitments worth Rs 32.45 lakh crore by 2030, Union Minister for New and Renewable Energy, Pralhad Joshi, said on Tuesday.   Addressing a press conference here, the minister informed that developers have committed an additional 570 GW, and manufacturers have committed additional manufacturing capacities … Read more

India has achieved two out of three quantitative nationally determined contributions (NDCs) targets of the Paris Agreement, nine years ahead of schedule, Union Environment, Forest, and Climate Change Minister Bhupender Yadav announced on Tuesday.  "It is a matter of great pride that India, under the leadership of our Hon’ble Prime Minister Shri Narendra Modiji, has … Read more

As the country aspires to reach $500 billion electronics manufacturing by FY30 while creating 60 lakh jobs, the India Cellular and Electronics Association (ICEA) said on Tuesday it is keen to chart out a comprehensive strategy with the government to help the industry achieve this goal.  The electronics industry is currently at around $115 billion … Read more

The various initiatives launched over the past 100 days are aimed at promoting growth, boosting entrepreneurship, creating employment opportunities, Union Minister for Micro Small and Medium Enterprises, Jitan Ram Majhi, said here on Tuesday.  The achievements are reflective of the government’s commitment to ensuring the sustainable growth of the MSME sector, fostering innovation, and enhancing … Read more

India’s total exports during the April-August period are estimated at $328.86 billion, registering a positive growth of 5.35 per cent, data by the Ministry of Commerce and Industry showed on Tuesday.   Total imports during the first five months of the current fiscal are estimated at $375.33 billion, registering a growth of 7.20 per cent. … Read more

Indian equity indices closed with marginal gains as market investors shifted their focus to the US Federal Open Market Committee's policy meeting, starting later in the day on Tuesday.  At closing, the Sensex was up 90 points or 0.11 per cent at 83,079 and Nifty was at 25,418, up 34 points or 0.14 per cent. … Read more

The softening of wholesale price index (WPI) inflation in August on the back of decline in prices of food articles, especially vegetables and milk is encouraging, which will lead to reduction in production costs and increase in demand for consumption within the country, industry experts said on Tuesday.  The lower-than-expected WPI number is primarily owing … Read more

Infosys is currently trading at Rs. 1955.45, up by 5.70 points or 0.29% from its previous closing of Rs. 1949.75 on the BSE. The scrip opened at Rs. 1949.75 and has touched a high and low of Rs. 1958.20 and Rs. 1942.45 respectively. So far 55281 shares were traded on the counter. The BSE group … Read more

Amid easing prices of crude petroleum, natural gas and food articles, inflation based on wholesale price index (WPI) in India slowed down in the month of August 2024 to 1.31% from 2.04% in July. Mineral oils prices also decreased in the reported month. The Component wise, primary articles index, having weight of 22.62%, declined 1.37% … Read more

Bharti Airtel is currently trading at Rs. 1658.05, up by 22.65 points or 1.38% from its previous closing of Rs. 1635.40 on the BSE. The scrip opened at Rs. 1650.00 and has touched a high and low of Rs. 1659.00 and Rs. 1639.05 respectively. So far 17444 shares were traded on the counter. The BSE … Read more