Indian stock market ends lower, IT sector shines
Mumbai, Jan 10 (IANS) India’s domestic benchmark indices closed lower on Friday as the IT sector closed in the green after a gain of 3.44 per cent. Sensex ended at 77,378.91, down by 241.30 points, or 0.31 per cent, and Nifty settled at 23,431.50, down by 95 points or 0.40 per cent. Nifty Bank ended […]
India’s forex kitty at $634.59 billion, gold reserves rise by $824 million
Mumbai, Jan 10 (IANS): India’s foreign exchange reserves fell by $5.7 billion to $634.59 billion for the week ended January 3, data released by the Reserve Bank of India (RBI) on Friday showed. However, gold reserves, which form part of the foreign exchange kitty, increased by $824 million to $67.1 billion during the week, according […]
LIC clocks 14.64 pc growth in new business premiums in 2024, collects Rs 2.33 lakh crore
New Delhi, Jan 10 (IANS) The Life Insurance Corporation of India (LIC) clocked a 14.64 per cent growth (year-on-year) in new business premiums in 2024, collecting Rs 2.33 lakh crore in the January-December period, according to data by the Life Insurance Council on Friday. This stellar performance by nation’s largest life insurer exceeds the insurance […]
Mahakumbh: Adani Group partners with Gita Press, to offer 1 crore copies of ‘Aarti Sangrah’ to devotees
New Delhi, Jan 10 (IANS) Days ahead of the inauguration of Mahakumbh 2025 in UP’s Prayagraj, the Adani Group’s spiritual side and its ‘Seva Hi Saadhna hai’ pledge is drawing everyone’s attention. Adani Group chairman Gautam Adani met the Trustees and officials of the iconic Gita Press on Friday and vowed to present ‘Aarti Sangrah’ […]
Electronic permits see 17.6 pc growth in Dec amid greater formalisation in economy
New Delhi, Jan 10 (IANS) The E-way bills in India reached their second-highest level in the month of December at 112 million, up 17.6 per cent year-on-year. According to data by the Goods and Services Tax Network (GSTN) portal, this also marks a key increase from November’s 101.8 million. Last month’s e-way bill generation marked […]
India to seek global partnerships for sustainable innovation at WEF meet in Davos
New Delhi, Jan 10 (IANS) India will highlight its achievements in advancing AI, frontier technologies and expanding its renewable energy capacities to seek global partnerships for driving sustainable innovation at the 55th World Economic Forum (WEF) Annual Meeting, set to take place from January 20-24 at Davos in Switzerland, according to a Commerce and Industry […]
Adani Group raises Rs 4,850 crore after selling 13.5 pc stake in Adani Wilmar
Ahmedabad, Jan 10 (IANS) The Adani Group on Friday raised about Rs 4,850 crore after selling 13.5 per cent of its stake in Adani Wilmar. The conglomerate last month announced its exit from Adani Wilmar by selling the bulk of its stake to a joint venture partner. In a stock exchange filing, the company announced […]
PM Modi aims to make India a hub of electronics manufacturing: Ashwini Vaishnaw
Chennai, Jan 10 (IANS) Union Minister of Railways and Electronics and IT, Ashwini Vaishnaw, said on Friday that he is very happy to be part of the big vision of Prime Minister Narendra Modi to make India a hub of electronics manufacturing. Inaugurating a laptop assembly line of Syrma SGS Technology Ltd and MSI here, […]
Tanker hit by Yemen militia that threatened Red Sea spill has been salvaged
DUBAI(RAHNUMA): An oil tanker that burned for weeks in the Red Sea and threatened a massive oil spill has been “successfully” salvaged, a security firm said Friday. The Sounion had been a disaster in waiting in the waterway, with 1 million barrels of crude oil aboard that had been struck and later sabotaged with explosives […]
UN says 3 million Sudan children facing acute malnutrition
PORT SUDAN, Sudan(RAHNUMA): An estimated 3.2 million children under the age of five are expected to face acute malnutrition this year in war-torn Sudan, according to the United Nations Children’s Fund (UNICEF). “Of this number, around 772,000 children are expected to suffer from severe acute malnutrition,” Eva Hinds, UNICEF Sudan’s Head of Advocacy and Communication, […]
