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Business - Page 626

Assam govt negotiating with Defence Ministry for defence corridor in state

8 Jan 2025 12:28 AM IST
New Delhi: The Assam government is actively negotiating with the Defence Ministry for declaration of the adjoining areas of Guwahati towards Nagaon as...

Microsoft to invest $3 billion in AI, cloud expansion in India

7 Jan 2025 11:18 PM IST
Bengaluru: Microsoft will invest $3 billion (about Rs 25,700 crore) to expand its cloud computing and artificial intelligence capabilities in India,...

Markets rebound after 2-day fall on intense buying in blue-chips

7 Jan 2025 11:17 PM IST
Mumbai: Benchmark equity indices Sensex and Nifty rebounded on Tuesday after sliding for the past two sessions, driven by intense buying in blue-chip...

Rupee falls 6 paise to 85.74 against US dollar

7 Jan 2025 11:17 PM IST
Mumbai: The rupee fell 6 paise to settle at 85.74 against the US dollar on Tuesday, as higher crude oil prices and outflow of foreign funds continued...

Gems, jewellery sector urges govt to cut GST to 1% in Budget FY26

7 Jan 2025 11:17 PM IST
Mumbai: The gems and jewellery sector has urged the government for a reduction in goods and services tax (GST) to 1 per cent on revenue equivalence...

REC looking to sell its bad loans worth Rs 2,848 crore in Corporate Power Ltd

7 Jan 2025 11:16 PM IST
New Delhi: REC Limited, a state-owned NBFC is looking to sell its non-performing assets (NPAs) or bad loans worth Rs 2,848 crore in Corporate Power...

Shutterstock, Getty will join to become $3.7 bn visual content firm

7 Jan 2025 11:16 PM IST
New York: Visual content companies Shutterstock and Getty Images will join to become a $3.7 billion visual content company. The companies said...

e-Shram portal now available in all 22 languages

7 Jan 2025 11:15 PM IST
New Delhi: Union Minister Mansukh Mandaviya on Tuesday launched multilingual functionality on the e-Shram portal to provide seamless access to various...

IIFCL commemorates its 20th foundation day

7 Jan 2025 11:15 PM IST
New Delhi: The India Infrastructure Finance Company Ltd. (IIFCL) commemorated 20 years of its commitment to infrastructure development by hosting the...

Exim Bank of India raises $1 bn from overseas

7 Jan 2025 11:14 PM IST
New Delhi: Exim Bank of India has raised $1 billion (about Rs 8,570 crore) from overseas at lowest ever spread to fund business growth, the Department...

India economy to grow 6.4% in 2024-25, slowest in 4 years

7 Jan 2025 4:00 PM IST
New Delhi: India's economic growth rate is estimated to slip to a four-year low of 6.4 per cent in 2024-25, mainly on account of poor showing by...

Auto retail grows 9% in 2024 despite 12% dip in December sales

7 Jan 2025 10:30 AM IST
New Delhi: Automobile retail sales grew 9 per cent year on year in 2024 riding on the back of robust demand for two-wheelers and passenger vehicles...
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