HPL to invest Rs 3,000 crore in West Bengal

Kolkata (IANS) Haldia Petrochemical Limited (HPL), on Thursday, has claimed that it will be making a fresh investment of Rs 3,000 crore in the chemicals sector in West Bengal by setting up new factories at Haldia in East Midnapore district.

According…

India's industrial output surged to 14-month high of 10.3% in Aug

New Delhi (IANS) India's industrial output rose to a 14-month high of 10.3 per cent in August, the data released by the National Statistics Office on Thursday showed.

While the high growth is showing up in comparison to a very low base…

Cabinet likely to amend MMDR Act to introduce royalty rates for lithium, rare earth minerals

New Delhi (IANS) The Central government is likely to amend the Mines and Minerals (Development and Regulation) Act, to fix royalty rates for lithium, niobium and rare earth minerals.

According to sources, the Union Cabinet is likely to clear…

French brand Thomson set to launch laptops across price points in India in early 2024

New Delhi (IANS) After making a splash in the Indian TV market, French consumer electronics brand Thomson is geared up to launch a series of laptops across price points in the domestic market in the first quarter of 2024, a top company executive said…

PURE EV launches ePluto 7G MAX with 201 km range

New Delhi (IANS) PURE EV has launched new electric scooter -- ePluto 7G MAX with an ultra-long range of 201 km per charge and with MAX boasts features such as HillStart Assist, DownHill Assist, Coasting Regen, Reverse Mode, Smart AI for Battery Longevity…

Global TWS market slips 2%, entry-level devices help Indian brands grow

New Delhi (IANS) The global true wireless stereo (TWS) earphone market’s unit sales slipped only 2 per cent (year-on-year) in the first half of this year, as entry-level (less than $50) segment continued to grow across emerging markets, primarily…

IMF raises India’s GDP growth forecast, cuts China’s

New Delhi (IANS) The International Monetary Fund (IMF) has raised its 2023-24 GDP growth forecast for India to 6.3 per cent on the back of strong consumption demand, while the multilateral lending agency cut China’s growth rate to 5 per cent.

India’s norms against dark patterns may hurt ease of doing business: Big Tech coalition

New Delhi (IANS) The Asia Internet Coalition (AIC), that has Meta, Amazon, Twitter, Google and other Big Tech companies as its members, has opposed the draft dark pattern guidelines by the Indian government, saying the move may stagnate the growth…

India likely to see 70-75% growth in 5G smartphone shipments in festive season

New Delhi (IANS) India is expected to see 70-75 per cent annual growth in the 5G smartphone shipments during the ongoing festive season, a new report has said.

The country saw a 65 per cent growth in 5G handset shipments till July this year…

Oil prices jump on concerns over Middle East supply disruptions

New Delhi (IANS) Oil prices jumped by 4 per cent on Monday on concerns that the situation in Israel and Gaza could disrupt output from the Middle East.

The West Texas Intermediate (WTI), the benchmark for US oil, rose to more than $86 a barrel,…