India expected to become USD 7 trillion economy in seven years: CEA
NEW DELHI: India’s Chief Economic Advisor (ICA) V Anantha Nageswaran said on Monday that the Indian economy will be USD 3 trillion by the end of the current 2022-23 fiscal and is expected to be USD 7 trillion in the next seven years. The government had previously said India would become a USD 5 trillion […]
IndiGo fleet size grows to 300 aircraft to manage growing passenger volume
NEW DELHI: No-frills carrier IndiGo on Friday said its fleet size has grown to 300 aircraft, which will help it cater to the growing passenger volume amid the recovery in travel demand and growth in 2023. Besides operating Airbus A320 NEO and A320 CEO aircraft along with A321 Neo, the Gurugram-based airline’s fleet also has […]
Venugopal Dhoot’s plea, Chanda Kochhar’s demand for home food rejected in ICICI fraud case
NEW DELHI: A special court here on Thursday rejected Videocon founder Venugopal Dhoot’s plea which claimed that his arrest by the Central Bureau of Investigation (CBI) in the alleged loan fraud involving former ICICI Bank CEO and MD Chanda Kochhar was illegal. The CBI court also rejected applications of Chanda Kochhar and her husband Deepak […]
NTPC starts India’s first green hydrogen blending operation in PNG network
NEW DELHI: NTPC Ltd commissions India’s first green hydrogen blending project. The green hydrogen blending has been started in the piped natural gas (PNG) network of NTPC Kawas township, Surat. The project is a joint effort of NTPC and Gujarat Gas Limited (GGL). The first molecule of green hydrogen from the project was set in […]
Heliports in all districts will boost tourism in Himachal Pradesh
DHARMSALA: Heliports in all districts will boost tourism in the state, Chief Minister Sukhvinder Singh Sukhu said upon his arrival here on Tuesday. Sukhu, who will attend an Abhar rally near Tapovan here, said efforts would be made to ensure that all district headquarters had a heliport within a year. He said clearances had been […]
Godrej Properties buys 9-acre land for Rs 300 crore to build housing project
NEW DELHI: Godrej Properties has bought a 9-acre land in Gurugram for around Rs 300 crore to develop a housing project. On December 29, the company had informed stock exchanges about acquisition of the land through an outright purchase, but did not mention the deal value. According to market sources, Godrej Properties bought this 9-acre […]
India’s GST revenues grow 15 per cent to nearly Rs 1.50 lakh crore in December
NEW DELHI: The collections from Goods and Services Tax (GST) grew by 15 per cent to over Rs 1.49 lakh crore in December 2022, indicating improved manufacturing output and consumption demand, besides better compliance. This is the 10th month in a row that the revenues have remained above the Rs 1.4 lakh crore mark. The […]
Supreme Court upholds 2016 note ban with 4:1 majority verdict
NEW DELHI: More than six years after the Centre’s decision to demonetise the Rs 1,000 and Rs 500 denomination notes, the Supreme Court in a 4:1 majority verdict on Monday upheld the 2016 move, saying the decision-making process was not flawed merely because the procedure emanated from the government. Ruling that the decision to scrap […]
Asus India hires Tribhuwan Joshi
NEW DELHI: Taiwanese tech giant – ASUS, today, announced the appointment of Tribhuwan Joshi as Lead – Corporate Communications, PR and CSR, Consumer and ROG PC Business, ASUS India. He will oversee communications and brand reputation practice for ASUS’ consumer, lifestyle, and gaming device segments in the Indian market. Commenting on the appointment, Paramjeet Singh […]
Supreme Court to pronounce verdict on pleas against demonetisation on Monday
NEW DELHI: The Supreme Court is scheduled to pronounce its judgment on Monday on a batch of pleas challenging the government’s 2016 decision to demonetise currency notes of Rs 1,000 and Rs 500 denominations. A five-judge Constitution bench headed by Justice S A Nazeer, who will retire on January 4, is likely to pronounce its […]