The government on Tuesday approved 12 research projects worth Rs 13.3 crore under the National Technical Textiles Mission. The 10th Mission Steering Group, under the chairmanship of Union Textiles Minister Giriraj Singh, the ministry approved 12 research projects. The research projects were approved across key strategic areas of geotextiles, sustainable and smart textiles and composites, … Read more
Russia's First Deputy Prime Minister Denis Manturov on Tuesday confirmed Moscow's intentions to conclude a Free Trade Agreement (FTA) between the Eurasian Economic Union and India — as well as a bilateral agreement on services and investments — while spotlighting that the volume of mutual trade between the two countries has grown more than fivefold … Read more
With AI-driven transformation, India is projected to increase its workforce from 423.73 million in 2023 to 457.62 million by 2028, a net gain of 33.89 million workers, according to a report on Wednesday. Emerging technology will transform talent across India’s key growth sectors, generating 2.73 million new tech jobs by 2028, according to new research … Read more
Driven by tier 2 and 3 cities, India’s e-commerce sector registered a gross merchandise value (GMV) of approximately $14 billion (more than Rs 1.18 lakh crore) in this year’s festive season, marking a 12 per cent growth over last year’s festive period, a report said on Wednesday. This growth was fuelled by resilient consumer spending … Read more
Indian wheat prices have jumped to a record high due to strong demand, limited supplies, and a delay in the government releasing stocks from its warehouses to augment supplies, industry officials said on Tuesday. The record prices are likely to lift retail inflation that surged to a 14-month high in October, driven by a jump … Read more
The U.S. dollar rose to a 6-1/2-month high against major peers on Tuesday, while bitcoin pared gains after earlier hitting a record high amid expectations of inflationary import tariffs from Republican President-elect Donald Trump Bitcoin gained 1.88% to $89,683.00, slightly below a new all-time peak of $89,982. Trump has vowed to make the U.S. "the … Read more
Oil prices held near a two-week low on Tuesday after dropping about 5% over the past two sessions as investors absorbed OPEC's latest downward revision for demand growth, a stronger U.S. dollar and disappointment over China's latest stimulus plan. Brent futures were up 6 cents, or 0.1%, to settle at $71.89 a barrel, while U.S. … Read more
Gold prices edged up on Wednesday as investors hunted for bargains after steep declines in the previous session, while spotlight shifted to U.S. inflation print, which could shed more light on the Federal Reserve's monetary policy path. Spot gold rose 0.4% at $2,608.18 per ounce by 0200 GMT, after hitting its lowest since Sept. 20 … Read more
A gauge of global stocks declined on Tuesday after advancing for five straight sessions while the dollar hit its highest level in over six months as investors weigh the impact of U.S. President-elect Donald Trump's likely path of policies. Investors have flocked in to assets expected to benefit from Trump policies for his second term … Read more
FIIs stood as net sellers in equities as per November 12 data: NSDL Nov-12-2024 16:29 Hrs IST The FIIs as per Tuesday's data were net sellers in both equity and debt segments, according to data released by the NSDL. In equity segment, the gross buying was of Rs 11605.29 crore against gross selling of Rs … Read more