Economy

New Delhi: With 100 cities leading the initiative, the Smart Cities Mission (SCM) has completed 7,380 out of 8,075 projects, with an investment of Rs 1,47,704 crore, the government said on Wednesday. As of December 13, 91 per cent of the total projects have been successfully completed, reflecting significant progress in reshaping urban landscapes across

New Delhi: As many as 17.80 lakh new employees were enrolled under the Employees’ State Insurance Corporation (ESIC) scheme during October this year, the Ministry of Labour and Employment said on Wednesday. The year-on-year analysis showed a growth of 3 per cent in net registrations compared to October last year. The data showed that out

Mumbai: The domestic benchmark indices closed in red on Wednesday amid weak global cues as market sentiment remained cautious ahead of the key US Fed meeting. US Fed Chair Jerome Powell was set to release the policy statement late on Thursday (US time) during the Federal Open Market Committee (FOMC) meeting. According to experts, the

New Delhi:  The Centre, during the 2023-24 rabi season, has procured 6.41 lakh metric tonnes of pulses at an MSP value of Rs 4,820 crore which has benefited 2.75 lakh farmers, according to a statement issued by the Ministry of Agriculture & Farmers Welfare on Wednesday. The procurement to support the farmers included 2.49 lakh

New Delhi: The total number of mobile subscriptions in the country now stands at 115.12 crore (as on October 31), the Parliament was informed on Wednesday. Out of 6,44,131 villages in the country, around 6,23,622 villages now have mobile coverage, Minister of State for Communications and Rural Development, Dr Chandra Sekhar Pemmasani, told the Lok

New Delhi: The Tourism and hospitality sector is expected to add 61 lakh new jobs in India by 2034, according to a report on Wednesday. The whitepaper released by the Confederation of Indian Industry (CII) and EY at the 18th Annual CII Tourism Summit, showed that despite setbacks from the Covid-19 pandemic, the sector is

New Delhi: Road projects under the hybrid annuity model (HAM) in India, awarded by the Ministry of Road Transport and Highways (MoRTH), are on a steady drive, with more than 90 per cent of the project length under development being constructed on schedule, according to a report on Wednesday. Such timely execution and comfortable debt

Mumbai:  Adani Electricity on Wednesday said that it registered a significant number of FIRs against perpetrators of power theft in the April-September period this year – 622 compared to 439 for the corresponding period last year — thus significantly reducing losses. The Adani Group company said that this action resulted in a 0.7 per cent

Mumbai:  Global banking and wealth management group Investec on Wednesday initiated a ‘BUY’ rating for Ambuja Cements with a target price of Rs 950 from Rs 577 apiece, which is an impressive 65.1 per cent return as projected. In a note, Investec wrote that it “finds comfort in management, reaffirming its growth goals, cost/synergy targets

New Delhi: Infrastructure development is one of the crucial agenda for the government and we have to make the technology economically viable and safe, Union Minister of Road Transport and Highways, Nitin Gadkari, said on Tuesday. In his address at an Assocham event in the national capital, the minister said developments in the field of