New Delhi (IANS) India’s April-July budgetary fiscal deficit reached 21.3 per cent of the FY22 target, official data showed on Tuesday. The fiscal deficit — the difference between revenue and expenditure — for the April-June 2021-22 period stood at Rs 321,143 … read more
New Delhi (IANS) Automobile major Maruti Suzuki India blamed rising commodity cost for another price hike from September. Earlier in calendar year 2021, the automobile major had increased prices in January, April, and in July for only for the hatchback Swift … read more
New Delhi (IANS) Improved economic activity is expected to raise FY22 power demand by 12 per cent on a year-on-year basis, HDFC Securities said in a report. According to the report, revival in economic activity and low YoY base triggered an … read more
New Delhi/Mumbai (IANS) Pent-up demand along with low base is expected to accelerate India’s economic growth rate in Q1FY22 on a year-on-year basis. Accordingly, the period from April-June 2021 had less stringenet lockdown norms than the same period of 2020. These … read more
New Delhi (IANS) India on Thursday granted safety permission for restart of Boeing 737Max operations in the country. Aviation regulator DGCA granted the safety permission to operators of Boeing 737Max to restart operations. “This rescission enables operation of Boeing Company Model … read more
New Delhi (IANS) The board of telecom major Bharti Airtel will consider several options for capital raising, including through equity and debt instruments on Sunday. In a regulatory filing on Wednesday, the company said: “A meeting of the Board of Directors … read more
New Delhi (IANS) The Steering Committee for Advancing Local Value-Add and Exports (SCALE), chaired by Mahindra & Mahindra MD and CEO Pawan Goenka, has suggested sector-specific strategy to boost local manufacturing and exports. The committee, which has submitted its report to … read more
New Delhi (IANS) Reliance Jio topped the subscription race in June, followed by Bharti Airtel. Jio added over 54.66 lakh subscribers during the month, taking its total subscriber base to 43.67 crore, data from the Telecom Regulatory Authority of India (TRAI) … read more
New Delhi (IANS) State-run NTPC has commissioned the largest floating solar PV project in India of 25MW on the reservoir of its Simhadri thermal station in Visakhapatnam, Andhra Pradesh. This is also the first solar project to be set up under … read more
Bengaluru (IANS) Flipkart Wholesale, the digital B2B marketplace of India’s homegrown Flipkart Group, on Thursday announced its plans to more than triple its geographical footprint in the country to close to 2,700 cities, with an aim to make business easier and … read more