Freight sales up Rs 54,805 crore in 4 years; passenger revenue rises by Rs 20,024 crore

New Delhi (IANS) The freight revenue by Indian Railways has risen by Rs 54,805 crore in four years -- from Rs 1.13 lakh crore in 2019-20 to Rs 1.68 lakh crore in 2023-24, the government said on Saturday. 

On the other hand, passenger revenue…

Centre sends another notice to Ola Electric over mismatch in Feb sales: Report

New Delhi (IANS) The Ministry of Road Transport and Highways has reportedly sent a fresh show-cause notice to Ola Electric Mobility, seeking an explanation about mismatch in its sales numbers recorded in February. 

The show-cause notice, dated…

Food processing PLI: 171 firms approved, over 2.89 lakh jobs generated

New Delhi (IANS) A total of 171 food processing companies have been approved for assistance under the Production-Linked Incentive Scheme for Food Processing Industry (PLISFPI) and incentives worth Rs 1,155.296 crore has been disbursed, out of which…

Core sector industries clock 2.9 pc growth in Feb: Centre

New Delhi (IANS) The combined Index of Eight Core Industries (ICI) increased by 2.9 per cent in February, as the production of cement, fertilisers, steel, electricity, coal and refinery products recorded positive growth, according to data released…

Indian pharma firms may gain market share due to higher US tariffs: Report

Mumbai (IANS) Indian pharma companies may stand to gain market share due to the potential impact of US tariffs, according to a JPMorgan report. 

Essentially, Indian pharmaceutical companies have the potential to gain market share at the expense…

Sensex gains 318 points, Nifty nears 23,600 on expiry day

Mumbai (IANS) The Indian stock markets ended on a strong note on Thursday, with both the Sensex and Nifty closing in the green. 

The 30-share Sensex rose 317.93 points, or 0.41 per cent, to settle at 77,606.43. During the day, the index touched…

Indian IT services to log 6-8 pc growth once again in fiscal 2026: Crisil

New Delhi (IANS) The Indian information technology (IT) services sector is projected to sustain its 6-8 per cent (in rupee terms) growth in fiscal 2026, amid continuing macroeconomic headwinds and emerging uncertainties in the key markets of the US…

Govt aiming to formalise 9 crore MSMEs by 2029

New Delhi (IANS) With more than 6 crore MSMEs already registered under the Udyam and Udyam Assist (UA) portals, the government hopes to take the figure to 9 crore by 2029 as it is targeting to formalise all the MSMEs in the country, a senior official…

India cruising towards $300 billion electronics production by 2026: Centre

New Delhi (IANS) India, which is the second-largest mobile phone producer in the world, is all set to reach $300 billion in electronics production by 2026, driven by the ‘Make in India’ and the production-linked incentive (PLI) scheme, the Centre…

India’s organised retail to surpass $600 billion by 2030, capture 35 pc of total market

Bengaluru (IANS) India’s overall retail sector is poised to become more than $1.6 trillion opportunity by 2030, offering immense headroom for sustained growth for the organised retail industry, according to a new report on Wednesday. 

While…