India now has market access to 70 pc of global GDP at mostly zero duty: Piyush Goyal
New Delhi, Feb 12 (IANS) India now has market access to 70 per cent of global GDP, in most cases at zero duty for domestic products, Union Commerce and Industry Minister Piyush Goyal said on Thursday. Speaking at an event here, Goyal said that nine Free Trade Agreements (FTAs) have been concluded in the last […]
Sensex, Nifty end lower as IT stocks drag market
Mumbai, Feb 12 (IANS) Indian stock markets ended lower on Thursday as heavy selling in major IT stocks pulled the benchmark indices into negative territory. Weak sentiment in the technology sector outweighed gains seen in select banking and finance stocks. The Sensex closed at 83,674.92, slipping 558.72 points, or 0.66 per cent. Meanwhile, the Nifty […]
Rolls‑Royce to scale up India operations, eyes co‑development of combat jet engine
New Delhi, Feb 12 (IANS) Luxury car manufacturer Rolls-Royce on Thursday said it intends to scale up its business in India to support future programmes and partnerships across defence, civil aviation and energy. The automaker is exploring opportunities to co‑develop a next‑generation combat jet engine and localising engine manufacture for the Indian Army, Navy as […]
ISRO taking steps to cut risk of satellite collision: MoS Jitendra Singh
New Delhi, Feb 12 (IANS) With the aim of minimising the risk of satellites’ collision in low-earth orbit due to congestion, the Department of Space/Indian Space Research Organisation (ISRO) opt for operational orbits away from the already known crowded zones and perform need-based evasive manoeuvres, the Centre told the Rajya Sabha on Thursday. Minister of […]
No traders’ body called for Bharat Bandh, it is business as usual in organised sector: CAIT
New Delhi, Feb 12 (IANS) The Confederation of All India Traders (CAIT) on Thursday said markets across the country are open, trade is normal, and all business activities will proceed as usual, amid the ‘Bharat Bandh’ (nationwide strike) call by some trade unions and farmers’ organisations. According to Praveen Khandelwal, National Secretary General, CAIT, all […]
S. Korea penalises Louis Vuitton, Dior, Tiffany $24.9 million over data leaks
Seoul, Feb 12 (IANS) South Korea’s privacy watchdog said on Thursday it has fined the Korean units of luxury brands Louis Vuitton, Dior and Tiffany a combined 36 billion won ($24.9 million) over leaks of customer information. The Personal Information Protection Commission made the decision in a plenary meeting the previous day, imposing on Louis […]
Foreign investors shift to net selling of S. Korean stocks in Jan
Seoul, Feb 12 (IANS) Foreign investors turned into net sellers of South Korean equities in January, driven by profit-taking following recent gains in the benchmark index, central bank data showed on Thursday. Offshore investors sold a net US$50 million worth of local stocks last month, reversing from their net purchase of $1.19 billion in December, […]
TN to operate 1,240 special buses from Chennai to clear Maha Shivaratri weekend rush
Chennai, Feb 12 (IANS) In view of the heavy travel demand expected during the Maha Shivaratri festival and the extended weekend, the Tamil Nadu transport authorities have announced the operation of 1,240 special buses from Chennai to various parts of the State and neighbouring regions to facilitate smooth passenger movement. With Maha Shivaratri falling on […]
Tiruppur textile cluster should create 5 lakh new jobs, govt to support exporters: Piyush Goyal
New Delhi, Feb 12 (IANS) Commerce and Industry Minister Piyush Goyal encouraged the Tiruppur textile cluster to create five lakh additional jobs and double its export performance over the next three years, assuring that the government will extend full support to exporters, it was announced on Thursday. In a meeting with a delegation led by […]
Hindustan Unilever’s Q3 net profit drops 30 pc
New Delhi, Feb 12 (IANS) FMCG bellwether Hindustan Unilever Limited on Thursday reported a 30 per cent decline in consolidated net profit to Rs 2,118 crore from continuing operations for Q3 FY26. On year-on-year, the company’s profit after tax for the period jumped to Rs 6,603 crore, up 121 per cent, according to the stock […]
