Consumption of natural gas rises by 7 pc in June as more Indians switch to green fuel

New Delhi (IANS) The consumption of natural gas in India went up 7.1 per cent in June to 5,594 million metric standard cubic metres (MMSCM), this year compared to the same month last year, as more households across the country are using the fuel for…

Union Budget: Lower Customs duty on import of medical devices, say experts

New Delhi (IANS) Ahead of the upcoming Union Budget 2024-25, experts on Thursday called on lowering Customs duty on import of global medical devices. 

Finance Minister Nirmala Sitharaman is expected to present the Union Budget 2024 on July…

Indian exports remain resilient in Q1 FY25, core goods show positive growth

New Delhi (IANS) Indian exports remained resilient in the first quarter of current fiscal (FY25), as core export goods such as drugs and pharmaceuticals, engineering goods, organic and inorganic chemicals and readymade garments exhibited positive…

India’s booming manufacturing sector creates more job opportunities than ever: Report

Bengaluru (IANS) India's manufacturing sector is booming which has created more job opportunities as the sector is looking for new skills, a new report showed on Tuesday. 

Between June 2022 and June this year, the manufacturing industry…

Average revenue per user for Indian telcos to cross Rs 225 next fiscal: Report

New Delhi (IANS) As the data usage surges in India amid tariff hikes, the average revenue per user (ARPU) per month will increase by 25 per cent to Rs 225 in the next fiscal (FY26), a report showed on Tuesday.

The industry ARPU should dial…

Union Budget likely to focus on agriculture, welfare schemes & job creation: CareEdge

Mumbai (IANS)  The Union Budget will focus on supporting consumption via higher allocation for the rural economy, welfare schemes and agriculture with higher allocations for schemes like PMAY and MNREGA, according to a CareEdge Ratings report released…

India’s automobile exports clock 15.5 pc growth in April-June quarter

New Delhi (IANS) India’s automobile exports clocked a robust 15.5 per cent growth in the April-June quarter of the current financial year compared to the same period in the previous year, according to data compiled by the Society of Indian Automobile…

India’s goods & services exports jump 8.6 pc to cross $200 bn in April-June

New Delhi (IANS) India’s goods and services exports increased by 5.4 per cent in June to $65.47 billion while the cumulative overall growth of exports during the April-June quarter this year rose 8.6 per cent to $200.33 billion, according to figures…

India’s defence exports record over 30-fold quantum leap in last 10 years

New Delhi (IANS) India’s defence exports have recorded a 30-fold quantum leap over the last 10 years from a mere Rs 686 crore in the financial year 2013-14 to a record Rs 21,083 crore in FY 2023-24, reflecting the global acceptability of Indian defence…

Markets at uncomfortable levels – Book profits

New Delhi (IANS) It was an action-packed week, with markets volatile but range-bound for the first four days. On Friday, it appeared that markets had taken steroids and gained sharply, making new highs on an intraday basis as well as a closing basis.…