Gandhinagar: Memorandums of Understanding (MoUs) for 41,299 projects with investment proposals worth Rs 26.33 lakh crore were signed during the 10th edition of the Vibrant Gujarat Global Summit 2024, Chief Minister Bhupendra Patel said on Friday. Patel announced in a post on X as the three-day summit ended here. If the MoUs signed at the…
New Delhi: India is expected to clock a GDP growth of 6.9-7.2 percent in the current financial year on the back of improving economic fundamentals, Deloitte India said in an update to its quarterly outlook. As per the first advance estimates of national income released by the National Statistical Office (NSO), the Indian economy is…
New Delhi: The finance ministry has approved the restructuring of the Coal Controller Organisation. The move aims at regulating commercial coal mining and increasing coal production. “The restructuring of the Coal Controller Organisation has finally been approved by the Ministry of Finance,” the coal ministry said in a statement on Thursday. To align the organization…
New Delhi: US-based First Solar said it has invested USD 700 million in setting up India’s first integrated solar manufacturing plant in Tamil Nadu which was inaugurated on Thursday. The facility, which has an annual capacity of 3.3 gigawatts (GW), is located in Tamil Nadu. It will produce the ‘company’s series 7’ Photovoltaic (PV) solar…
Mumbai: Reserve Bank Governor Shaktikanta Das on Thursday said the central bank will not emulate others on crypto currency regulations and asserted that “what is good for another market need not be good for us”. His remarks come against the backdrop of the US Securities and Exchange Commission approving changes to allow the creation of…
Gandhinagar: The inauguration of the BAPS Hindu temple in Abu Dhabi next month will be a monumental day to “celebrate tolerance and acceptance”, the Ambassador of the UAE to India Abdulnasser Alshaali said on Thursday. Prime Minister Narendra Modi will inaugurate the temple on February 14. “We are looking forward to the inauguration on February…
Itanagar: The Centre has sanctioned Rs 1,782 crore for construction of a strategic road project in Arunachal Pradesh, Union Minister of Road Transport and Highways Nitin Gadkari said on Wednesday. The ministry sanctioned the project for the construction of the 82-kilometre-long greenfield road from Pango to Jorging in Upper Siang district of the northeastern state….
Gandhinagar: Finance Minister Nirmala Sitharaman said on Wednesday exuded confidence that India will become the world’s third largest economy worth over USD 5 trillion by 2027-28 and a developed nation by 2047, with GDP touching USD 30 trillion. India, with a GDP of roughly USD 3.4 trillion, is currently the fifth largest economy in the…
Mumbai: Equity benchmarks Sensex and Nifty on Tuesday closed moderately higher after a fag-end sell-off minimised the handsome gains posted in early trading. Besides, investors opted for profit-taking ahead of the start of corporate earnings season and macroeconomic data announcements later this week, traders said. After rising sharply during the day, the 30-share BSE Sensex…
New Delhi: Chip designer Qualcomm on Sunday announced an expansion in Chennai with a new design centre that entails a proposed investment of Rs 177.27 crore and job creation for up to 1,600 skilled professionals. The new centre will specialise in wireless connectivity solutions, with a focus on innovations that complement Wi-Fi technologies. It will…
