Hyundai Motor Group pledges record $16.6 billion investment in South Korea
Seoul, Jan 9 (IANS) Hyundai Motor Group on Thursday pledged to invest a record 24.3 trillion won ($16.6 billion) in South Korea this year to bolster future competitiveness amid uncertain global business environments. The annual investment plan represents a more than 19 percent increase from last year’s domestic investment of 20.4 trillion won, according to […]
59 ultra-luxury homes sold in India for Rs 4,754 cr in 2024, 17 deals worth over Rs 100 cr
Mumbai, Jan 9 (IANS) India saw the sale of 59 ultra-luxury homes priced above Rs 40 crore at a total value of Rs 4,754 crore last year, a 17 per cent increase from 2023, according to a report on Thursday. The data showed that out of the 59 ultra-luxury homes sold in 2024, at least […]
Indian stock market ends lower as Q3 result season kicks off
Mumbai, Jan 9 (IANS) India’s domestic benchmark indices closed lower on Thursday ahead of Q3 FY25 results as selling was seen in IT, PSU bank, financial service, pharma and auto sectors. Sensex ended at 77,620.21 down by 528.28 points, or 0.68 per cent, and Nifty settled at 23,526.50, down by 162.45 points or 0.69 per […]
Indian stock market ends flat, Nifty closes below 23,700
Mumbai, Jan 8 (IANS) India’s domestic benchmark indices closed flat on Wednesday amid muted global cues, as selling was seen in auto, PSU Bank, financial service, pharma, metal and realty sectors. Sensex ended at 78,148.49, down by 50.62 points, or 0.06 per cent, and Nifty settled at 23,688.95, down by 18.95 points or 0.08 per […]
Govt seeks private sector investment to propel growth in critical minerals sector
New Delhi, Jan 8 (IANS) Union Minister of Mines G. Kishan Reddy on Wednesday urged the private sector to invest in the critical minerals sectors to help the country achieve self-reliance in this crucial field. Addressing a ‘Chintan Shivir’ on critical minerals at Vigyan Bhavan here, the minister highlighted the importance of collaboration between the […]
Sensex projected to rise 18 pc by end of 2025: Morgan Stanley
Mumbai, Jan 6 (IANS) Morgan Stanley expects India to be one of the best performing emerging markets in 2025, with a base case projection for Sensex to rise by 18 per cent by December end. In its latest note, the US-headquartered investment bank sees 18 per cent base case upside for the BSE Sensex by […]
Japan’s Nippon Steel, US Steel file lawsuit against US government
Tokyo, Jan 6 (IANS) Japan’s Nippon Steel and United States Steel have jointly filed a lawsuit against the US government over President Joe Biden’s decision to block the buyout of the American steelmaker by the Japanese company, local media reported Monday. The two steelmakers are seeking a review of the deal by the Committee on […]
Lucknow airport records robust growth as flyers’ headcount surges past 5.21 million in April-December
Lucknow, Jan 6 (IANS) Lucknow’s Chaudhary Charan Singh International Airport (CCSIA), managed by Adani Airport Holdings Limited (AAHL), has continued to clock a robust growth in passenger traffic with the handling of more than 5.21 million flyers during the first nine months of the current financial year (April-December, 2024). While 4.34 million passengers used the […]
ONDC can create additional GMV opportunity worth Rs 3.75 lakh crore in 5 years
New Delhi, Jan 4 (IANS) The Open Network for Digital Commerce (ONDC), which has the potential to create a market opportunity to the tune of Rs 3.75 lakh crore in additional gross merchandise value (GMV) in the next five years, is addressing the challenges of monopolistic practices and empowering smaller players, the government said on […]
Centralised Pension Payments System rolled out in all EPFO offices across India
New Delhi, Jan 4 (IANS) The EPFO has completed the full-scale rollout of the new Centralised Pension Payments System (CPPS) across all its disbursing offices in a landmark move towards enhancing pension services, the Ministry for Labour and Employment said. About Rs 1,570 crore was disbursed as the pension amount to more than 68 lakh […]
