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Economy
EV firm Ather Energy saw its losses grow 22 pc to Rs 1,060 crore in FY24
New Delhi: Electric vehicle (EV) company Ather Energy, aiming to raise more than Rs 3,100 crore via its initial public offering (IPO), saw its losses widen 22 per cent to Rs 1,060 crore in FY24, as its operating revenue declined 1.5 per!-->…
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India, US working in areas like critical minerals, supply chains: Piyush Goyal
New Delhi: India and the US are working together towards becoming self-reliant in critical minerals, strengthening supply chains and adopting cutting-edge technologies, the government has informed.
Union Commerce and Industry Minister!-->…
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Cabinet approves Rs 12,461 crore revised hydro electric project scheme
New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the revised scheme of budgetary support for the cost of enabling infrastructure for Hydro Electric Projects (HEP) with a total outlay of Rs!-->…
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Semicon India 2024: Entrepreneurs hail first-of-its kind initiative, call for more such events
New Delhi: As the three-day Semicon India 2024 event kicked off in Greater Noida on Wednesday, entrepreneurs and traders were a happy lot as they got to showcase their products and also a chance to connect with respective global business!-->…
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ADB approves 100 million USD loan to Sri Lanka
Manila: The Asian Development Bank (ADB) on Wednesday said it has approved a policy-based loan of 100 million US dollars to support Sri Lanka's water supply and sanitation sector reforms, which are designed to enhance the country's!-->…
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Trade Connect e-Platform to help achieve $1 trillion merchandise export target: Minister
New Delhi: Reiterating the $1 trillion merchandise and $1 trillion services export target for 2030, Union Commerce Minister Piyush Goyal said on Wednesday that the target can be achieved with the new ‘Trade Connect e-Platform.’
The!-->…
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Explainer: How India’s ambitious semiconductor journey is taking shape
New Delhi: As India begins its semiconductor electronics manufacturing journey amid Prime Minister Narendra Modi’s "it is right time to be in India" call, the reformist government, a growing manufacturing base in Bharat, and a huge!-->…
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SEMI, IESA join hands to boost India’s position in global chip value chain
Greater Noida: In a bid to bolster India's position in the global semiconductor value chain, industry association SEMI on Wednesday announced a strategic agreement with the India Electronics and Semiconductor Association (IESA).
IESA!-->…
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Sensex closes down by 398 points, Tata Motors and SBI top losers
Mumbai: The Indian equity markets closed in the red on Wednesday due to weak global sentiments.
At closing, Sensex was down 398 points, or 0.49 per cent, at 81,523 and Nifty was down 122 points, or 0.49 per cent, at 24,918.
Selling was!-->…
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Adani Ports to develop berth at Gujarat’s Kandla Port for multi-purpose cargo
Ahmedabad: Adani Ports and Special Economic Zone Ltd (APSEZ) on Wednesday announced it will develop a multi-purpose berth at Kandla Port in Gujarat.
The Berth No 13 at Deendayal Port in Kandla will handle multipurpose cargo and is!-->…
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