Category: Business

Gandhinagar:  Hydrogen is the future of the transportation industry, and the government is conducting trials on 10 routes across the country on its use as fuel, Union Minister Nitin Gadkari has said. The trials are underway on Greater Noida-Delhi-Agra, Bhubaneshwar-Konark-Puri, Ahmedabad-Vadodara-Surat, Sahibabad-Faridabad-Delhi, Pune-Mumbai, Jamshedpur-Kalinga Nagar, Thiruvananthapuram-Kochi, Kochi-Edappally, Jamnagar-Ahmedabad, and NH-16 Visakhapatnam-Bayyavaram routes, the minister said….

Mumbai:  India Inc’s revenues are expected to grow at a two-year high of up to 11.5 per cent in the June quarter, despite the prevailing tensions in West Asia, which have had a wide-ranging impact, starting with supply chain disruptions and stoking domestic inflation, a report said on Thursday. Corporate India will be able to…

Chennai: The Tamil Nadu government on Thursday signed an MoU with solar energy solutions provider Vikram Solar to set up a Battery Energy Storage Systems manufacturing plant at an investment of Rs 15,037 crore at SIPCOT Industrial Park in Gangaikondan, Tirunelveli district. The mega project will create direct and indirect employment opportunities to 2,670 people,…

New Delhi:  Asian Development Bank on Thursday lowered India’s GDP growth projection to 6.6 per cent as against 6.9 per cent estimated earlier for the current fiscal on concerns of higher energy prices fuelled by the Middle East crisis. Despite the growth moderation, India still continues to be the fastest-growing major economy in the world….

New Delhi:  Chief Economic Adviser V Anantha Nageswaran on Thursday said the government has done its part by announcing several measures in Budget to support Global Capability Centres (GCCs), and called on industry to invest in skilling, capability development and innovation to address the challenges posed by artificial intelligence. Observing that AI has exposed old…

New Delhi:  Delhi woke up to grey skies, waterlogged roads and uprooted trees as overnight rain continued through Thursday morning, with the India Meteorological Department issuing a ‘red’ alert for the day. Safdarjung, the capital’s base weather station, recorded 72.6 mm of rainfall in the last 24 hours that ended at 8.30 am, the India…

Mumbai: Equity benchmark indices Sensex and Nifty fell sharply by over 2 per cent during the fag-end of the trade on Wednesday amid reports that US President Donald Trump said the interim agreement with Iran is over, leading to a sharp rally in crude oil prices. The 30-share BSE Sensex tanked 1,722.99 points, or 2.20…