Hyundai Motor India clocks 19 pc decline in net profit at Rs 1,161 crore in Q3
New Delhi, Jan 28 (IANS) Hyundai Motor India on Tuesday reported a net profit of Rs 1,161 crore for the October-December quarter this fiscal, which represents a 19 per cent decline over the corresponding figure of Rs 1,425 crore for the same quarter of FY 2023-24. The car major’s revenue from operations also declines 1.3 […]
Tripura to utilise Bhashini AI to promote regional languages, boost digital participation
Agartala, Jan 28 (IANS) In a significant step towards promoting regional languages and increasing digital participation, the state government on Tuesday partnered the Ministry of Electronics and Information Technology (MeitY) to utilise Bhashini, an AI-driven language translation tool. The Bhashini initiative seeks to address language barriers, especially in rural and tribal areas of Tripura, where […]
Retail digital payments in India witness 100-fold jump in 12 years
New Delhi, Jan 28 (IANS) Retail digital payments in India have grown from 162 crore transactions in the financial year 2012-13 to over 16,416 crore transactions in the financial year 2023-24 —- approximately 100-fold increase over 12 years, a new RBI report has revealed. The remarkable growth in payment infrastructure and payment performance is also […]
India Inc. pegs GDP growth at 6.5-6.9 pc for 2025-26: FICCI pre-Budget survey
New Delhi, Jan 28 (IANS) India Inc. is optimistic about the growth prospects of the economy and wants the Union government’s thrust on capital expenditure (Capex) to continue in the Union Budget 2025-26, according to a survey released by apex business chamber FICCI on Tuesday. According to the survey results, about 64 per cent participants […]
Indian stock market bounces back, ends 2-day decline
Mumbai, Jan 28 (IANS) Indian stock markets on Tuesday witnessed a positive trend with the benchmark indices gaining strong ground after two days of decline amid mixed global signals. At the closing bell, the BSE Sensex was up by 592.19 points, or 0.79 per cent, at 75,958.36, while the Nifty50 rose by 142.90 points, or […]
Adani Vizhinjam Port poised to become India’s largest port: Kerala ministers
Thiruvananthapuram, Jan 28 (IANS) Kerala Finance Minister K.N. Balagopal said on Tuesday that the Vizhinjam International Seaport, operated by Adani Ports, is set to become India’s largest port within the next decade. Speaking at the Vizhinjam Conclave 2025 and Global Investment Summit held in the state capital, he underlined the port’s transformative potential in elevating […]
BEL bags fresh batch of orders worth Rs 531 crore
Bengaluru, Jan 28 (IANS) Navratna Defence Public Sector Undertaking Bharat Electronics Limited (BEL) has secured additional orders worth Rs 531 crore over the last two weeks, the company said in a statement on Tuesday. Major orders include advanced Composite Communication System for ship, Communication equipment, Medical Electronics, Electro Optics, Active Radar Homing Head for missiles, […]
India’s semiconductor market projected to reach $103.4 billion by 2030
Bhubaneswar, Jan 28 (IANS) India’s semiconductor market is projected to grow to $103.4 billion by 2030, powering the over $400 billion electronics market, the Indian Electronics and Semiconductor Association (IESA) said on Tuesday. The government’s targeted incentives for fabrication facilities (Fabs) and outsourced semiconductor assembly and testing (OSATs), increased R&D investments and collaborative industry initiatives […]
India, Oman agree to speed up talks on signing bilateral economic pact
New Delhi, Jan 28 (IANS) India and Oman have agreed to expedite the discussions for an early signing of the bilateral Comprehensive Economic Partnership Agreement (CEPA), which is under advanced stages of negotiations, according to a statement issued by the Ministry of Commerce and Industry on Tuesday. Commerce and Industry Minister Piyush Goyal concluded a […]
JSW Energy’s Q3 profit drops 27 pc to Rs 168 crore
Mumbai, Jan 28 (IANS) JSW Energy reported a 27 per cent year-on-year drop in its consolidated net profit for the third quarter (Q3) of FY25. The company’s profit fell to Rs 168 crore in the October-December 2024 period, compared to Rs 231 crore in the same quarter last year. The decline was due to lower […]
