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Category: Business and Trade news

Restoration of RoDTEP benefits to boost MSMEs, enhance investors’ confidence: Assocham

Restoration of RoDTEP benefits to boost MSMEs, enhance investors’ confidence: Assocham

Business and Trade news May 28, 2025

New Delhi, May 28 (IANS) The restoration of benefits under the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme by the government will also benefit micro, small and… Continue reading Restoration of RoDTEP benefits to boost MSMEs, enhance investors’ confidence: Assocham

India’s data centre capacity to cross 4,500 MW by 2030 with -25 bn investments

India’s data centre capacity to cross 4,500 MW by 2030 with $20-25 bn investments

Business and Trade news May 28, 2025

Bengaluru, May 28 (IANS) India’s data centre (DC) market capacity across top seven cities is expected to cross 4,500 MW by 2030, attracting investments to the tune of $20-25 billion… Continue reading India’s data centre capacity to cross 4,500 MW by 2030 with $20-25 bn investments

S. Korea to spend 9 million on developing AI-related services in 2025

S. Korea to spend $349 million on developing AI-related services in 2025

Business and Trade news May 28, 2025

Seoul, May 28 (IANS) South Korea will spend some 480 billion won ($349.1 million) this year to develop innovative products and services based on artificial intelligence (AI), such as AI… Continue reading S. Korea to spend $349 million on developing AI-related services in 2025

Sales of hydrogen vehicle slump in January-April in South Korea

Sales of hydrogen vehicle slump in January-April in South Korea

Business and Trade news May 28, 2025

Seoul, May 28 (IANS) South Korea’s hydrogen fuel cell electric vehicle (FCEV) sector is facing a sharp downturn this year, with both domestic sales and exports falling significantly amid a… Continue reading Sales of hydrogen vehicle slump in January-April in South Korea

Granular data to help sustain key policy reforms: CEA Nageswaran

Granular data to help sustain key policy reforms: CEA Nageswaran

Business and Trade news May 28, 2025

New Delhi, May 28 (IANS) The government’s conviction for policy reforms will be sustained by the pulse of granular data, Chief Economic Advisor (CEA) Dr V. Anantha Nageswaran has stressed.… Continue reading Granular data to help sustain key policy reforms: CEA Nageswaran

Close to the finish line on breakthrough India-US trade deal: Kevin Hassett

Close to the finish line on breakthrough India-US trade deal: Kevin Hassett

Business and Trade news May 28, 2025

New Delhi, May 27 (IANS) India is nearing the finish line to clinch a breakthrough trade deal with the US, National Economic Council Director Kevin Hassett said on Tuesday. Hassett’s… Continue reading Close to the finish line on breakthrough India-US trade deal: Kevin Hassett

Black Box reports strong Q4 & FY25 financial performance

Black Box reports strong Q4 & FY25 financial performance

Business and Trade news May 28, 2025

Mumbai, May 27 (IANS) Black Box Limited, a leading provider of digital infrastructure solutions, announced its audited financial results for the quarter and year ended March 31, 2025. The company… Continue reading Black Box reports strong Q4 & FY25 financial performance

DRDO unveils quantum technology research centre for defence applications

DRDO unveils quantum technology research centre for defence applications

Business and Trade news May 28, 2025

New Delhi, May 27 (IANS) The Defence Research and Development Organisation (DRDO) on Tuesday inaugurated the Quantum Technology Research Centre (QTRC) at Metcalfe House in the national capital. The facility… Continue reading DRDO unveils quantum technology research centre for defence applications

Centre launches 2 digital platforms to modernise India's addressing system

Centre launches 2 digital platforms to modernise India’s addressing system

Business and Trade news May 28, 2025

New Delhi, May 27 (IANS) The government on Tuesday launched two transformative digital platforms — ‘Know Your DIGIPIN’ and ‘Know Your PIN Code’ — marking a significant step towards the… Continue reading Centre launches 2 digital platforms to modernise India’s addressing system

LIC clocks 38 pc jump in Q4 net profit at Rs 19,013 crore, declares dividend of Rs 12 a share

LIC clocks 38 pc jump in Q4 net profit at Rs 19,013 crore, declares dividend of Rs 12 a share

Business and Trade news May 27, 2025

Mumbai, May 27 (IANS) The Life Insurance Corporation of India on Tuesday reported a 38 per cent jump in net profit to Rs 19,013 crore for the January-March quarter of… Continue reading LIC clocks 38 pc jump in Q4 net profit at Rs 19,013 crore, declares dividend of Rs 12 a share

India can become a globally trusted footwear, leather manufacturing hub: Piyush Goyal

India can become a globally trusted footwear, leather manufacturing hub: Piyush Goyal

Business and Trade news May 27, 2025

New Delhi, May 27 (IANS) Union Commerce and Industry Minister Piyush Goyal on Tuesday chaired a stakeholder consultation with representatives from the footwear and leather industry. According to the minister,… Continue reading India can become a globally trusted footwear, leather manufacturing hub: Piyush Goyal

Akums’ profit falls nearly 33 pc sequentially in Q4, income dips too

Akums’ profit falls nearly 33 pc sequentially in Q4, income dips too

Business and Trade news May 27, 2025

Mumbai, May 27 (IANS) Akums Drugs and Pharmaceuticals on Tuesday released the results for its fourth quarter (Q4), where the company posted 32.89 per cent drop in its net profit… Continue reading Akums’ profit falls nearly 33 pc sequentially in Q4, income dips too

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