India's coal imports dip as domestic production rises

New Delhi (IANS) India's coal imports declined by 3.1 per cent to 149.39 million tonnes (MT) during April-October period of FY 2024-25 from 154.17 MT in the same period of the previous year due to the increase in domestic production, according…

Auto PLI achieves Rs 20,715 crore investment, Rs 10,472 crore incremental sales: Centre

New Delhi (IANS) The production-linked incentive (PLI) scheme for automobile and auto components industry has achieved Rs 20,715 crore investment and Rs 10,472 crore incremental sales have been achieved (as of September), with the first incentive…

India tech startups funding grows 6 pc to $11.3 bn in 2024, 3rd globally

Bengaluru (IANS) India’s tech startup ecosystem garnered $11.3 billion in funding in 2024, a 6 per cent increase from $10.7 billion in 2023, according to a report on Thursday. 

In the second half (H2) of 2024, the tech startups received $5.32…

Sensex ends lower ahead of US Fed rate decision, Nifty at 24,198

Mumbai (IANS) The domestic benchmark indices closed in red on Wednesday amid weak global cues as market sentiment remained cautious ahead of the key US Fed meeting. 

US Fed Chair Jerome Powell was set to release the policy statement late on…

Real estate investments in India reach historic high at $8.9 billion in 2024: JLL

Mumbai (IANS) Driven by strong growth and political stability, real estate institutional investments in India reached historic high levels at $8.9 billion across 78 deals in 2024, surpassing the previous 2007 record by 6 per cent ($8.4 billion), a…

Maruti Suzuki India achieves 2 million units in a calendar year for 1st time

New Delhi (IANS) Maruti Suzuki India on Tuesday announced a production milestone of 2 million vehicles in a calendar year for the first time in its history. 

The automaker also became the first among Suzuki Motor Corporation’s global automobile…

India's private sector growth surges to 4-month high in Dec: Report

New Delhi (IANS) India's private sector output growth strengthened to its highest level in four months during December, according to the latest HSBC 'flash' PMI data compiled by S&P Global. 

The acceleration was reflected in both…

India’s total exports rise to $67.8 billion in November

New Delhi (IANS) India's total exports (merchandise and services combined) during November 2024 are estimated at $67.79 billion, registering a growth of 9.59 per cent vis-a-vis November 2023, the Commerce and Industry Ministry announced on Monday.…

Edtech unicorn upGrad clocks Rs 560 crore loss in FY24

New Delhi (IANS) Online skills and learning platform upGrad has recorded a loss of Rs 560 crore in FY24, a decrease from a Rs 1,142 crore loss in FY23.  

In the last fiscal, the company’s EBITDA (including one-time cost) loss stood at Rs 285…

India sees over 90 pc rise in smartphone exports in Nov, Apple leads

New Delhi (IANS) India has seen a record smartphone exports in November this year, surpassing the Rs 20,000 crore mark for the first time in a month, which was led by Apple. 

According to industry data, smartphone exports crossed Rs 20,300…