The labour ministry in latest payroll date has said Employees’ State Insurance Corporation (ESIC) recorded a 13.32 per cent increase in subscribers addition to 22.53 lakh in July, 2024 compared to the figure of a year ago. The latest payroll date showed that 19.88 lakh new subscribers were added in July 2023. According to it, … Read more
In the first 100 days of Prime Minister Narendra Modi's new term, the government has given further relief to the middle class on the tax savings and pension fronts. The government has raised the income tax exemption limit to Rs 7 lakh. The standard deduction for salaried individuals has been increased to Rs 75,000, and … Read more
Jindal Steel and Power Ltd and Jindal Renewables on Monday announced a collaboration to implement India’s biggest investment in green hydrogen by a domestic steelmaker. The companies signed an MoU towards decarbonisation and green energy leadership in the country’s steel industry. It outlines Jindal Steel’s plan to integrate green hydrogen into its direct reduced iron … Read more
Indian equity indices opened with gains on Monday, tracking American markets as investors expect a rate cut by the US Fed that further boosts market sentiment. At 9:44 a.m., Sensex was up 258 points or 0.31 per cent at 83,149 and Nifty was up 81 points or 0.32 per cent at 25,437. In an … Read more
The government on Sunday announced to launch a ground-breaking digital platform aimed at strengthening the startup ecosystem in the country. The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, is set to launch the ‘Bharat Startup Knowledge Access Registry’ (BHASKAR) initiative, under the Startup India programme. It is a … Read more
The number of operational airports in the country has doubled from 74 in 2014 to 157 in 2024 and the aim is to increase this figure to 350-400 by 2047, the Ministry of Civil Aviation said on Sunday. The domestic air passengers have more than doubled in the past decade, with Indian airlines significantly expanding … Read more
After sluggish sales in the first five months of this fiscal, automobiles and consumer electronics companies saw some surge in demand due to discounts and promotional offers during the ongoing Ganesh Chaturthi and Onam festivals, multiple reports said. "In view of festivals like Onam, Navratri, Diwali, and Dussehra, electronics, automobile and smartphone companies are offering … Read more
In the last three to four weeks, one finds that a single day’s movement, whether upward or downward, makes the trend or direction of the whole week. In the previous week, it was the movement on Thursday (Sep 12) while in the week prior to that, it was on Friday (Sep 6). While Thursday … Read more
Adani Green Energy Ltd (AGEL) and Adani Power Ltd (APL) have won the bid to supply 6,600 MW of hybrid solar and thermal power to Maharashtra, it was announced on Sunday. Adani Green will sign a long-term power purchase agreement (PPA) with the Maharashtra State Electricity Distribution Company Ltd (MSEDCL) for the supply of 5,000 … Read more
As the world's largest democracy and a rapidly developing nation, India's renewable energy journey will serve as a model for other emerging economies navigating the path to sustainability, Pralhad Joshi, Union Minister of New and Renewable Energy, has said. The country aims to achieve net-zero carbon emissions by 2070, focusing on renewable energy expansion, and … Read more
