New Delhi, July 19 (IANS) As household consumption expenditure on goods and services surged with rising disposable incomes, the country saw a significant 5 per cent growth in retail sales… Continue reading Retail sales surge in India amid high disposable incomes, rising consumption
New Delhi, July 19 (IANS) Aligned with the continuous momentum in the real estate industry, the sale of houses costing Rs 4 crore and above went up 27 per cent… Continue reading Luxury homes worth crores selling like hot cakes in India this year
New Delhi, July 19 (IANS) Industry leaders on Friday said that the country must seize the opportunity to create a conducive environment for Global Value Chains (GVCs) to thrive, in… Continue reading India must tap GVCs for next wave of electronics manufacturing
growth: Industry
New Delhi, July 18 (IANS) India’s leading cryptocurrency exchange WazirX on Thursday said it has suffered a massive data security breach, resulting in the alleged transfer of about $234 million… Continue reading Crypto platform WazirX suffers mega cyber breach, loses digital
assets worth $234 million
New Delhi, July 18 (IANS) India’s goal of becoming the third-largest global economy necessitates a more ambitious vision for its technology-driven sectors to achieve a USD 500 billion target in… Continue reading NITI Aayog sets $500 bn target for electronics manufacturing to create 6 million jobs by 2030
Bengaluru, July 18 (IANS) IT giant Infosys on Thursday reported a drop in headcount by 1,908 in the April-June quarter of the current fiscal (FY25). The company’s Chief Financial Officer… Continue reading Infosys’ headcount drops 1,908 in Q1 FY25, plans to hire 20,000 freshers as per growth
Mumbai, July 18 (IANS) The second quarter (July-September) of 2024-25 has begun with signs of quickening momentum in the Indian economy as an improvement in the outlook for agriculture and… Continue reading Indian economy shows signs of speeding up as rural demand surges: RBI
Pune, July 18 (IANS) Digital engineering and enterprise modernisation company Persistent Systems on Friday reported 16 per cent growth in revenue at about Rs 2,737 crore ($328.2 million) for the… Continue reading IT firm Persistent Systems clocks Rs 2,737 cr revenue in Q1 FY25, PAT
down QoQ
New Delhi, July 18 (IANS) Ahead of the upcoming Union Budget 2024-25, experts on Thursday called on lowering customs duty on import of global medical devices. Finance Minister Nirmala Sitharaman… Continue reading Union Budget: Lower custom duty on import of medical devices, say experts
New Delhi, July 18 (IANS) As India AI Mission takes concrete steps towards making the country a global artificial intelligence hub, startups founders on Thursday said increased investment in policies… Continue reading Union Budget: Indian startups seek more emphasis on AI, advanced tech
Mumbai, July 18 (IANS) L&T Technology Services Ltd (LTTS) on Thursday reported a net profit of Rs 314 crore for the first quarter of the current fiscal (FY25) ended June… Continue reading L&T Technology Services reports net profit growth, revenue up 7 pc
New Delhi, July 18 (IANS) Infosys on Thursday reported 7.1 per cent increase in net profit at Rs 6,368 crore for the April-June quarter of the current financial year compared… Continue reading Infosys posts 7 per cent increase in q1 net profit at Rs 6,386 crore
