Indian airports are projected to incur a cumulative capital expenditure (capex) of over Rs 60,000 crore in the three years through fiscal 2027 to add requisite infrastructure for 65 million passengers per annum, a report showed on Thursday. This is 12 per cent increase compared to Rs 53,000 crore during fiscals 2022-2024, according to Crisil … Read more
A total of 1,08,580 micro food processing enterprises have been approved for assistance under the PM Formalisation of Micro Food Processing Enterprises (PMFME) scheme (till October 31), the Parliament was informed on Thursday. The Ministry of Food Processing Industries (MoFPI) provides financial, technical and business support for setting up or upgradation of micro food processing … Read more
Highlighting growing proximity and rising trade between India and the European Union (EU), Union Minister of Commerce and Industry Piyush Goyal has said that both sides are aiming for a balanced, ambitious, comprehensive and mutually beneficial Free Trade Agreement (FTA). The FTA negotiations, after 9 rounds of intense engagement, need political directions to arrive at … Read more
Morepen Laboratories is currently trading at Rs. 88.76, up by 0.39 points or 0.44% from its previous closing of Rs. 88.37 on the BSE. The scrip opened at Rs. 88.90 and has touched a high and low of Rs. 91.57 and Rs. 88.55 respectively. So far 474737 shares were traded on the counter. The BSE … Read more
Indian rupee weakened to near all-time low against the US dollar on Thursday on the back of foreign fund outflows from the Indian capital market and rising crude oil prices. Foreign Institutional Investors were net sellers in the capital markets on Wednesday, as they offloaded shares worth Rs 1,012.24 crore, exchange data showed. Moreover sluggish … Read more
India's nuclear power generation capacity has nearly doubled in the last 10 years from 4,780 MW in 2014 to 8,180 MW in 2024, the Parliament was informed. Highlighting the significant progress and future potential of India's atomic energy programme, Union Minister of State (Independent Charge), Department of Atomic Energy, Jitendra Singh has informed the Lok … Read more
India’s burgeoning Data Centre market has attracted USD 60 billion from both domestic and international investors between 2019-2024 and given the current growth curve is expected to surpass USD 100 billion in cumulative investment commitments by the end of 2027, according to the latest report by real estate consultant CBRE South Asia. Mumbai continues to … Read more
An estimated investment of $2.2 trillion into infrastructure development is imperative to support India’s GDP size to expand to $7 trillion by 2030, according to a report on Thursday. To achieve an economic size of $7 trillion, India’s economy is required to grow at a CAGR of 10.1 per cent between 2024-2030, according to the … Read more
Reliance Infrastructure is currently trading at Rs. 297.00, up by 2.20 points or 0.75% from its previous closing of Rs. 294.80 on the BSE. The scrip opened at Rs. 291.00 and has touched a high and low of Rs. 305.00 and Rs. 291.00 respectively. So far 78701 shares were traded on the counter. The BSE … Read more
United Drilling Tools is currently trading at Rs. 291.35, up by 16.45 points or 5.98% from its previous closing of Rs. 274.90 on the BSE. The scrip opened at Rs. 287.35 and has touched a high and low of Rs. 294.90 and Rs. 286.90 respectively. So far 22379 shares were traded on the counter. The … Read more