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Not ready to announce anything yet regarding chip fabrication unit: Zoho CEO

17 May, 2024 10:28 AM

New Delhi, May 17 (IANS) Cloud software major Zoho's Founder and CEO Sridhar Vembu on Friday said the company is not ready to announce anything yet regarding investments in a semiconductor fabrication unit.

Business Science/Tech Economy Market

Sensex down 166 points, M&M gains over 6 pc

17 May, 2024 10:07 AM

Mumbai, May 17 (IANS) India equity indices were in red on Friday following muted global cues.

Business Economy Market

EVs account for 20 pc of car imports in Jan-April period in S. Korea

17 May, 2024 9:39 AM

Seoul, May 17 (IANS) Nearly one out of five imported vehicles in South Korea were battery-powered ones in the January-April period despite slowing sales of electric vehicles (EVs) globally, industry data showed on Friday.

Business Science/Tech Economy Market

​UN raises India's 2024 growth rate to 6.9 pc; remains world's fastest-growing large economy

17 May, 2024 2:49 AM

United Nations, May 17 (IANS) Indian economy's growth rate projection for this year has been raised by 0.7 per cent to 6.9 per cent from the forecast made in January by the UN and it retains its position as the world's fastest-growing large economy.

International Economy

NEWS DATE: 16 May, 2024



ICRA predicts Indian airport operators to witness revenue growth of 15-17 per cent in FY 2025

16 May, 2024 11:01 PM

New Delhi, May 16 (IANS) Overall air passenger traffic is likely to witness healthy growth of around 8-11 per cent YoY (year-over-year) to around 407-418 million in FY2025, supported by a strong pick-up in both leisure and business travel, along with improved connectivity to newer destinations in the domestic segment and the continued uptick in international travel, according to a recent report by ICRA, a leading credit rating agency.

Business Economy

India makes strong pitch for playing pivotal role in global hydrogen economy

16 May, 2024 8:28 PM

Rotterdam, May 16 (IANS) India has the capability to become a leading exporter of green hydrogen and is poised to play a pivotal role in the global hydrogen economy, Secretary, Ministry of New & Renewable Energy, Bhupinder Singh Bhalla said at the World Hydrogen Summit.

Business NEWS POINT Diplomacy Economy

HAL posts 52 pc jump in Q4 net profit at Rs 4,308 crore

16 May, 2024 8:27 PM

New Delhi, May 16 (IANS) Government-owned defence major Hindustan Aeronautics Ltd (HAL) on Thursday reported a 52 per cent jump in net profit to Rs 4,308 crore for the January-March quarter of 2023-24.

Business Economy

Vodafone Idea's Q4 loss widens to Rs 7,674 crore

16 May, 2024 7:46 PM

Mumbai, May 16 (IANS) Telecom operator Vodafone Idea (Vi) on Thursday reported a bigger net loss of Rs 7,674 crore for the January-March quarter of 2023-24, compared to the corresponding figures of Rs 6,418.9 crore reported in the same quarter of 2022-23.

Business Economy


Bangladesh approves $23 bn annual development expenditure

16 May, 2024 5:55 PM

Dhaka, May 16 (IANS) The highest economic policy-making body of the Bangladeshi government on Thursday approved a 2.65 trillion taka ($23 billion) Annual Development Programme (ADP) for the next fiscal year 2024-25 (July 2024-June 2025).

International Politics Economy South Asia

GAIL net profit jumps 67 per cent in 2023-24

16 May, 2024 5:52 PM

New Delhi, May 16 (IANS) Public sector natural gas giant GAIL on Thursday reported a 67 per cent increase in net profit at Rs 8,836 crore for the financial year 2023-24 compared to the corresponding figure of Rs 5,302 crore in 2022-23.

Business Economy



 

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