NEWS
India’s April-January trade deficit down 8.7% at $207.2 billion
15 Feb 2024
India’s overall merchandise trade deficit stood at $207.2 billion in the April-January 2023-24 period against $229.37 billion in April-January 2022-23
India, UAE cement ties with 10 new pacts for collaboration
14 Feb 2024
India and the United Arab Emirates (UAE) have signed 10 new agreements for bilateral collaboration in various fields, including key sectors like energy, infrastructure, investments, and management of archives, in a bid to further strengthen their bilateral relationship.
Tata slashes EV prices by up to Rs1.2 lakh as batteries become cheaper
14 Feb 2024
Tata Passenger Electric Mobility Ltd (TPEM), the electric vehicle arm of Tata Motors, has announced a major reduction in prices across its popular EV models, including the Nexon.ev and the Tiago.ev, passing on the benefit of a reduction in battery prices.
Nippon Steel claims 33% CO2 reduction through hydrogen injection technique
14 Feb 2024
Nippon Steel, the largest steelmaker in Japan, on Monday said it has succeeded in reducing CO2 emissions from a small-scale test blast furnace by 33 per cent
JSW, Japan's JFE to invest Rs5,500-cr in electrical steel venture in Karnataka
14 Feb 2024
JSW Steel and Japan's JFE Steel will jointly invest Rs5,500 crore in a steel plant in India to produce electrical grade grain-oriented steel, the companies stated in separate press releases.
India's industrial production grows 3.8% in December
13 Feb 2024
Industrial production in India based on the Index of Industrial Production (IIP) expanded 3.8 per cent in December 2023, against 2.4 per cent in the previous month and 5.1 per cent in December 2022
C-DOT, IIT Roorkee to jointly develop 140GHz transreceiver module for 6G
13 Feb 2024
C-DOT, the premier R&D centre of the Department of Telecommunications (DoT), and Indian Institute of Technology, Roorkee (IIT-R) have signed an agreement for developing a 140GHz fully integrated transmitter and receiver module
Govt e-procurement platform GeM records transactions worth Rs3,00,000 cr in 11 months
13 Feb 2024
The integrated digital platform for government procurement, GeM, has recorded transaction of gross merchandise value (GMV) of Rs3 lakh crore
India’s consumer price inflation falls to 5.10% in January
13 Feb 2024
Consumer price inflation in India, based on the Consumer Price Index (CPI), declined to 5.10 per cent in January 2024 from 5.93 per cent in December 2023
Net direct tax collection up 20.25% at Rs15.60 lakh crore so far in FY24
12 Feb 2024
Direct tax collection (net of refunds) in the country increased by 20.25 per cent year-on-year to Rs15.60 lakh crore, so far during the current financial year (2023-24) year (up to 10 February 2024),
SpiceJet to lay off 1,400 employees to cut costs
12 Feb 2024
Budget carrier SpiceJet will cut 15 per cent jobs, reducing its workforce by around 1,400 as part of its efforts to reduce operating costs and improve investor returns.
Israel's Tower proposes $8 bn chip manufacturing facility in India: report
12 Feb 2024
Israel-based chipmaker Tower Semiconductor has proposed to set up an $8 billion chip fabrication facility in India, under the $10 billion chip manufacturing scheme of the Government of India
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