Electric two-wheeler registrations on Thursday crossed the magical 100,000 mark for the second time since their launch in the country. They are now poised to create a new milestone by hitting the highest number of vehicles registered in a month, with three days remaining for March to end. The reason: companies are […]
HDFC Bank has appointed Sumant Rampal to head the mortgage business of the lender with effect from Thursday. Rampal replaces Arvind Kapil, who will be joining the non-banking finance company Poonawalla Fincorp as MD & CEO. “We wish to inform you that based on the recommendation of the Nomination & Remuneration Committee, the […]
Montek Singh Ahluwalia, former Deputy Chairman of the Planning Commission On the path to making India a developed nation by 2047, there is a need to decentralise power further from states to more local authorities, Montek Singh Ahluwalia, former Deputy Chairman of the Planning Commission, said on Thursday. At the Business Standard Manthan, […]
Even as Vedanta’s Sterlite Copper is expected to approach the Supreme Court (SC) with a review petition, the copper sector and dependent industries are hopeful that the court may consider the current demand-supply situation in the country. According to an assessment by the International Copper Association, during the past five years since the […]
State-owned hydropower giant NHPC on Thursday said it has inked a loan agreement of JPY 20 billion (around Rs 1,100 crore) with Japan Bank for International Cooperation (JBIC) for developing a 300 MW solar project in Bikaner, Rajasthan. This is the first kind of loan syndication by NHPC with JBIC for the financing […]
Illustration: Binay Sinha With Generative AI being the latest buzzword around the globe, business leaders in India are also hopeful of the transformative potential of GenAI. According to a latest report by PwC titled ‘27th Annual Global CEO Survey: India perspective’, Indian CEO’s are anticipating significant top and bottom-line benefits. The report has put […]
Coal India Ltd (CIL) has surpassed its annual supply target of 610 million tonnes to the thermal power sector, achieving 610.8 MT till March 27, a company official said. This marks the highest coal supply till date to the power sector, he said. CIL’s coal supply to the sector rose by 29.3 […]
The Kalam-250 is a high-strength carbon composite rocket motor, which uses solid fuel and a high-performance Ethylene-Propylene-Diene terpolymers (EPDM) thermal protection system (TPS). Skyroot Aerospace, a space-tech company, has successfully test-fired the Stage-2 of Vikram-1 space launch vehicle, called Kalam-250, at the propulsion testbed of the Indian Space Research Organisation (ISRO), at its Satish […]
Indian economy can grow at 8 per cent till 2047, if the country can redouble the good policies that it has implemented over the last 10 years and accelerate reforms, India’s executive director at International Monetary Fund (IMF) Krishnamurthy Venkata Subramanian said on Thursday. Subramanian further said that clearly 8 per cent growth […]
Howrah: Security personnel patrol an area ahead of the upcoming Lok Sabha election, in Howrah district, Thursday, March 21, 2024. (Photo: PTI) The Ministry of Home Affairs (MHA) on Thursday extended the Armed Forces (Special Powers) Act, 1958, in three districts and the areas falling under the jurisdictions of three police stations in another […]