The Indian Energy Exchange (IEX) on Tuesday posted a 19 per cent growth in its overall trade volume to 28,178 million units in the April-June period of FY25. The exchange achieved 23,680 million units (MU) overall trade volume in the year-ago period. "For the first quarter, IEX achieved electricity volume of 28,178 MU, an increase of 19 per cent year-on-year (y-o-y). Total volume for the quarter, including certificates, was at 30,354 MU, up 20.8 per cent from 25,125 MU in Q1 FY24," it said. In June alone... Читать дальше...
Data for May showed the Fed's preferred measure of inflation did not increase at all that month, while the 12-month rate of price increases has ebbed to 2.6%
Debt market witnessed Rs 3,370 crore inflows in two trading sessions following the inclusion of Indian bonds in JP Morgan's index
New Delhi [India], July 2: Brands are increasingly using WhatsApp API to sell and build stronger customer relationship. Kiacart supporting well-known brands such as TEXTSPEED SHRI RAJ JEWELLERS RaProcure Arisu Clothing Guntier Amigo Properties Arisu Moto Mantra GPC City Professionals Concepto Lighting MultiFly Media Findvio Wedoit Technology J D Multi Pro Manufacturing Private Limited Al Abrish BrandingWorld and more brands. During the pandemic especially, there was a sudden gap in the distribution... Читать дальше...
New Delhi [India], July 2: The World Association for Small and Medium Enterprises (WASME), a globally recognized organization with UN observer and consultative status, celebrated World SME Day 2024 at Le Meridian, New Delhi, on June 27. This landmark event brought together industry leaders, experts, and stakeholders dedicated to the growth and empowerment of SMEs worldwide.
The company will make an investment of approximately Rs 1,000 crore over the next three years in the facility, which is slated for completion in April 2027
Freight volumes for the national transporter, Indian Railways, had contracted year-on-year for the first time since the coronavirus outbreak in June 2023
Mumbai (Maharashtra) [India], July 2: After successfully placing over 5000 students in the digital marketing industry and engaging with more than 300 recruiters, IIDE has uncovered a critical insight: While the industry is abundant with execution-level talent, there is a notable gap in strategic expertise.
Bangalore (Karnataka) [India], July 2: Nervfit, a prominent player in wearable technology, and MyCLNQ Health Singapore, a leader in digital health solutions provider, are thrilled to announce their strategic collaboration to launch an innovative 'Technology-Enabled Care' (TEC) system in India. This partnership, with an investment of 100 crores over 3 years, will combine Nervfit's expertise in fitness tracking smart devices, with MyCLNQ advanced health monitoring capabilities, to deliver cost effective and all-encompassing solutions... Читать дальше...
Prime Minister Narendra Modi has expressed profound sorrow over the stampede in Hathras and announced Rs 2 lakh ex-gratia for the next of kin of the dead and Rs 50,000 for the injured. The stampede occurred during a religious congregation at a 'satsang' event in Uttar Pradesh's Pulrai village where a large number of people had gathered. More than 50 people were killed and several others injured in the stampede. Amidst his reply to a two-day debate on the motion of thanks on the President's address to both Houses of Parliament... Читать дальше...
Apple details India-focused features set to be introduced in iPhones with iOS 18. Meta renews AI label for manipulated content on Instagram and Facebook. Asus commences Vivobook S15 pre-booking
India cos announce large investments in renewables, energy transition
Going forward, the centre will house specialised labs and centres of excellence to boost HCLTech's technology innovation and will offer a wide range of services to global clients, said the company
Newly appointed CBDT chairman Ravi Agrawal has told Income Tax Department officials that the decisions they take have implications on the nation's economy, ease of doing business and international transactions as he asked them to draw a 100-day action plan. Agrawal, 59, took charge as the head of the administrative body of the direct taxes department in the Union finance ministry on Monday. The government issued orders for his appointment last week. The new CBDT chief wrote a two-page letter to the... Читать дальше...
BSF troops shot dead a Pakistani intruder near border outpost Sadqi in Abohar sector, officials said on Tuesday. On observing suspicious movement during the intervening night on July 1-2, the BSF guard on duty warned the intruder. However, the intruder continued to move forward towards the border fencing after which the troops fired three rounds, they said. Later during a search operation, the body of the deceased intruder was found by BSF troops. The identity of the deceased youth, stated to be around 25 years old... Читать дальше...
According to industry sources, the legal battles are expected to adversely impact the edtech firm's ability to run its operations, pay the pending amount to vendors, as well as salaries to employees
Security forces on Tuesday recovered arms and ammunition during a search operation in Jammu and Kashmir's Kupwara district, police said. Based on specific inputs from Kupwara Police, the search operation was launched by security forces in general area of Nangari Forest, Dardpora Kralpora, in the north Kashmir district, a police spokesman said. He said a cache of arms, ammunition and explosives were recovered which included eight AK magazines, 445 live AK rounds, a pistol, three pistol magazines, 13 live pistol rounds and a hand grenade.
Set up in 2009, the Kharagpur facility in West Bengal is spread over 250 acres and happens to be one of the largest excavator plants in South East Asia
New Delhi [India], July 2: There are over 6.3 million MSMEs in India, with an unmet credit demand of close to 120 billion USD. Access to small ticket loans for MSMEs is often a long, uncertain process. MSME lending landscape faces challenges of credit underwriting necessary for the approval and disbursal of loans. Credit underwriting requires the applicant's financial data from a myriad of documents such as balance sheets, cashflow, and income statements, to gauge the risk and financial health of the applicant. Читать дальше...
Severe skilled, unskilled shortage threatens to pull emergency brake on India's industrial engine
Inflation in the 20-nation eurozone crept lower to 2.5% in June, but remained stuck above the level favoured by the European Central Bank, which is in no hurry to add more rate cuts after a first tentative reduction in its benchmark rate. The figure released Tuesday was down from 2.6% in May, welcome news as inflation continues to fall from its peak of 10.6% that robbed consumers of spending power and mired the European economy in months of near-zero growth. But key indicators Tuesday remained at... Читать дальше...
The country's coal production rose by 14.49 per cent to 84.63 million tonne (MT) in June. The country's coal output was 73.92 MT in June last fiscal, according to provisional figures of the government. In June Coal India Ltd's (CIL) production was at 63.10 MT, registering a rise of 8.87 per cent compared to the same period last year, the coal ministry said in a statement. India's coal dispatch in June was at 85.76 MT, up by 10.15 per cent compared to the same period last year. Additionally, as on June 30... Читать дальше...
New Delhi [India], July 2: Mumbai-based, Mobicule Technologies Pvt. Ltd., a frontrunner in Phygital Debt Resolution and customer onboarding, proudly announces its strategic expansion in the South India market, marking a significant step towards enhancing its presence and capabilities in the Phygital Debt Resolution sector. This expansion is highlighted by the establishment of an integrated Phygital Contact Center in Bengaluru and print-to-post facility in Chennai, designed to drive growth and improve service delivery in the region.
The PM also asked the MPs that uppermost, beyond their party affiliations, should be their commitment to serve the nation
New Delhi [India], July 2 : In a pioneering collaboration, Tantalum Academy, S-VYASA University, and Athvie Innovation Private Limited are thrilled to announce the launch of a Centre of Excellence (COE). This initiative aims to transform education in India by seamlessly blending Yoga and Soft Skills into school and college curricula delivered through a unique pedagogy based on games & storytelling. The COE will focus on conducting research, creating courses, and collaborating with similar institutions... Читать дальше...
