NEWS

GAIL to invest Rs60,000 cr for setting up a 1,500-KTA ethane cracker in MP

GAIL to invest Rs60,000 cr for setting up a 1,500-KTA ethane cracker in MP

17 Jun 2024

GAIL (India) Limited plans to invest around Rs60,000 crore to set up a 1,500 KTA ethane cracker, perhaps the largest in India, at Ashta in Sehore district of Madhya Pradesh.

Ola Electric to raise Rs7,250 crore through IPO

Ola Electric to raise Rs7,250 crore through IPO

17 Jun 2024

Ola Electric has received approval from the Securities and Exchange Board of India (Sebi) for a Rs7,250 crore initial public offer (IPO) – both through fresh issue of Rs5,500 crore

Ministry of textiles approves Startups scheme for technical textiles

Ministry of textiles approves Startups scheme for technical textiles

17 Jun 2024

The union ministry of textiles has approved a scheme of financial support for startups in technical textiles by promoting innovation and transformative development in order to make the industry sustainable.

India’s wholesale price inflation up at 2.61% in May

India’s wholesale price inflation up at 2.61% in May

17 Jun 2024

The annual rate of inflation based on the Wholesale Price Index (WPI) stood at 2.61 per cent in May 2024, as per provisional estimates released on Friday.

Woman-led start-up develops ‘Divya Drishti’, a versatile AI tool for personal identification

Woman-led start-up develops ‘Divya Drishti’, a versatile AI tool for personal identification

17 Jun 2024

Ingenious Research Solutions Pvt Ltd, a start-up established by woman entrepreneur, Dr Shivani Verma, has successfully developed an AI tool `Divya Drishti`

India’s April-May merchandise trade deficit hits $36.97 bn

India’s April-May merchandise trade deficit hits $36.97 bn

17 Jun 2024

India added $3.18 billion to its merchandise trade deficit in May 2024, taking the country’s trade deficit for the first two months of the 2024-25 financial year (April-May 2024) to $36.97 billion.

India’s industrial production up 5% in April

India’s industrial production up 5% in April

14 Jun 2024

Industrial production in India, based on the Index of Industrial Production (IIP), expanded by 5 per cent in April 2024 against a growth rate of 4.6 per cent

India’s consumer price inflation down at 4.75% in May

India’s consumer price inflation down at 4.75% in May

13 Jun 2024

Consumer price inflation in India, based on the Consumer Price Index (CPI) stood at 4.75 per cent in May 2024, down from 4.83 per cent in April

India to remain fastest growing large economy in 2024 as well: World Bank report

India to remain fastest growing large economy in 2024 as well: World Bank report

13 Jun 2024

India will continue to be the world's fastest-growing major economy, even as the global economy is expected to stabilise for the first time in three years in 2024

JSW Energy developing India’s largest commercial-scale green hydrogen project

JSW Energy developing India’s largest commercial-scale green hydrogen project

12 Jun 2024

JSW Energy is developing India's largest commercial-scale green hydrogen project, marking a milestone in the company's entry into the energy market.

Indian Navy launches fifth privately-built missile-cum-ammunition barge

Indian Navy launches fifth privately-built missile-cum-ammunition barge

12 Jun 2024

Indian Navy on Monday launched its fifth missile-cum-ammunition barge, LSAM 13, built by private sector Secon Engineering Projects Pvt Ltd, Visakhapatnam.

DPIIT organises workshop with Flipkart and Indian toy industry

DPIIT organises workshop with Flipkart and Indian toy industry

12 Jun 2024

Department for Promotion of Industry and Internal Trade (DPIIT) on Wednesday orgainised a workshop with e-commerce major Flipkart and representatives of India toy industry