India’s forex kitty rises by $1.727 billion to $573.727 billion: RBI data
NEW DELHI: India’s forex reserves increased by USD 1.727 billion to USD 573.727 billion in the week ended January 20, the Reserve Bank of India (RBI) said on Friday. This is the second consecutive week of a rise in the kitty after the USD 10.417 billion jump to USD 572 billion during the preceding week. […]
Indian Rupee closes at 81.53 against US dollar amid heavy selling pressure
NEW DELHI: The rupee appreciated 8 paise to close at 81.53 (provisional) against the US dollar on Friday amid a firm American currency against major rivals overseas. However, heavy selling pressure in the domestic equity markets and unabated foreign fund outflows restricted the gains in the local currency, forex traders said. At the interbank foreign […]
Tata Motors to hike prices of passenger vehicles by 1.2% from February
NEW DELHI: Tata Motors on Friday said it will increase prices of its internal combustion engine-powered passenger vehicle range by 1.2 per cent on a weighted average basis from February 1. The company has been absorbing a significant portion of the increased costs on account of regulatory changes and a rise in overall input costs, […]
DLF plans to launch in February Rs 7500 crore worth premium housing project in Gurugram
NEW DELHI: Realty major DLF Ltd plans to launch a luxury housing project in Gurugram next month with an estimated sales revenue of around Rs 7,500 crore as it seeks to tap strong demand for high-end apartments. The company plans to develop around 1,100 apartments in this residential project, DLF Group Executive Director and Chief […]
Indian economy yet to revive from effects of Covid-19 pandemic: CPI(M)
NEW DELHI: Ahead of the Union Budget, the CPI(M) has alleged the Indian economy is yet to revive from the blow it was dealt with during the Covid pandemic and blamed the government for the way it was handled. The party demanded that taxation and public expenditure be used to tilt distribution in the favour […]
Rishabh Siroya elected as President of NAREDCO NEXTGEN committee
NEW DELHI: Rishabh Siroya, Founder, Siroya Corp, the leading realty group headquartered in Mumbai, has been unanimously elected as the new President of NAREDCO West (National Real Estate Development Council) NEXTGEN- the youth wing of the prestigious realtors’ body today. Commenting on his new role, Rishabh said, “Greatly honored and humbled by the confidence shown […]
Union Budget 2023-24: India holds customary ‘halwa’ ceremony to mark final stage of Budget preparation
NEW DELHI: The Halwa ceremony, marking the final stage of the Budget preparation process for Union Budget 2023-24, was held in North Block, today afternoon, in the presence of India’s Finance & Corporate Affairs Minister Nirmala Sitharaman and Ministers of State for Finance Pankaj Chaudhary and Dr. Bhagwat Kisanrao Karad. A customary Halwa ceremony is […]
Sukhvinder Singh Sukhu resolves to make Himachal Pradesh corruption-free, put economy back on rails
HAMIRPUR: Chief Minister Sukhvinder Singh Sukhu on Wednesday said his government will make Himachal Pradesh corruption-free state and put the economy back on rails. He also announced plans to start robotic surgery facilities at the Indira Gandhi Medical College and Hospital at Tanda and Hamirpur medical college to provide better health facilities at affordable rates […]
Nesca Homes host Canadian delegation
NEW DELHI: Nesca Homes hosted the Canadian delegation led by Richard Manwaring, Deputy Minister of Forests, British Columbia at their factory in Hyderabad. The visit’s objective is to demonstrate how Nesca Homes is working towards their goal and how far they have progressed in the Indian market in a short period of time. P.L. Narayana, […]
Nitin Gadkari inaugurates highway projects worth Rs 6,800 crore in Madhya Pradesh
NEW DELHI: Union minister for Road Transport and Highways Nitin Gadkari inaugurated 18 National Highway projects with a total length of 550 km in Orchha, Madhya Pradesh worth Rs. 6800 crore in presence of Chief Minister Shivraj Singh Chouhan, Union Minister Dr. Shri Virendra Kumar, Union Minister of State Prahlad Singh Patel and other ministers […]
Bharti Airtel appoints Naval Seth as head of investor relations
NEW DELHI: Bharti Airtel, India’s leading communications solutions provider, today announced the appointment of Naval Seth as the Head of Investor Relations. In this role, Naval will spearhead Airtel’s representation amongst investors, lenders, equity partners, & financial institutions and will report to Soumen Ray, Chief Financial Officer. Welcoming Naval to the role, Soumen Ray, Chief […]
Bihar inks MoU with FSI for TOF field survey to promote agroforestry
NEW DELHI: To encourage tree plantation on farmland along with crops to help farmers get additional income, Bihar government in association with FSI has decided to conduct ‘Trees Outside Forest’ (TOF) field survey to identify the dominant tree species that are growing outside the recorded forest areas (RFA) in the state, an official said. As […]
India’s G20 presidency: B20 meet in Gujarat to discuss climate, innovation
AHMEDABAD: The Business 20 (B20) inception meeting being organised in Gujarat’s Gandhinagar city from Sunday as part of India’s G20 presidency will deliberate on issues ranging from climate change, innovation, global digital cooperation and resilient global value chains, officials said here. As part of the three-day meeting, delegates will be taken for a visit to […]
India’s G20 presidency: First Y20 meet in Guwahati from February 6 to 8
NEW DELHI: The first meeting of the Youth20 (Y20) group, being organised on the sidelines of the G20 summit, will be held in Assam’s largest city Guwahati from February 6 to 8, an official statement said on Sunday. This is the first of the various meetings to be held on the five Y20 themes across […]
Noida gets investment intents worth Rs 5.86 trillion ahead of investor summit
NEW DELHI: Gautam Buddh Nagar, which includes industrial cities of Noida and Greater Noida, has received investment proposals worth Rs 5.86 lakh crore since the announcement of Uttar Pradesh (UP) Global Investors Summit in November 2022, according to district officials. The UP Global Investors Summit is scheduled from February 10 in Lucknow and the state […]
India bright spot amid global crisis; PM Narendra Modi’s leadership critical in fractured world: World Economic Forum
DAVOS: Lauding Prime Minister Narendra Modi’s leadership in a fractured world, the World Economic Forum’s Founder and Executive Chairman Klaus Schwab said India is a bright spot amid the global crisis. After attending an India reception on Thursday night during the WEF Annual Meeting 2023, Schwab said India is promoting a just and equitable growth […]