New Delhi, Aug 18 (IANS) The operating profit of India’s telecom companies is projected to grow at a strong rate of 12-14 per cent to Rs 1.55 lakh crore this fiscal, driven by surging data consumption and a consequent increase...
New Delhi, Aug 18 (IANS) President Donald Trump’s announcement of a new US-Pakistan deal to jointly develop Pakistan’s oil reserves has added more complexity into South Asian geopolitics as the deal carries implications far beyond its stated aim of energy...
Mumbai, Aug 18 (IANS) India's logistics sector is projected to reach $800 billion in valuation by 2030, contributing 11 per cent of the country’s GDP, according to a new report.The growth will be driven by government initiatives, tech integration, skilled...
New Delhi, Aug 18 (IANS) Indian prime residential markets continue to outperform many global peers, with Bengaluru, Mumbai, and Delhi ranking within the top 15 among 46 top global cities, a report said on Monday. Despite a global cooling in...
New Delhi, Aug 18 (IANS) The upcoming goods and services tax (GST) reduction would drive the long-term auto demand and job creation in India, HSBC Global Investment Research said on Monday.The government is looking to simplify the GST slabs in...
Mumbai, Aug 18 (IANS) In the upcoming Goods and Services Tax (GST) rate rationalisation, the Centre is expected to lower the tax on passenger vehicles (PVs) and two-wheelers, making them more affordable ahead of Diwali.The Finance Ministry has sent its...
Mumbai, Aug 18 (IANS) The Indian benchmark indices opened firmly in green on Monday, as auto stocks led the rally with Nifty Auto surging 4 per cent.The BSE Sensex surged 1,056 points, or 1.31 per cent to 81,654 points. The...
New Delhi, Aug 18 (IANS) The UPI transactions have expanded significantly and the average daily value has increased from Rs 75,743 crore in January to Rs 90,446 crore in August, with SBI as the top remitter member with 5.2 billion...
Seoul, Aug 18 (IANS) The head of SK hynix Inc., South Korea's No. 2 chipmaker, said on Monday that SK Group's bold investments and vision have enabled the company to take a leading role in the high bandwidth memory (HBM)...
Seoul, Aug 17 (IANS) The government is set to announce policy measures to restructure the struggling petrochemical industry, which has been hit hard by a global oversupply, officials said on Sunday.The Ministry of Trade, Industry and Energy is preparing inter-ministry...
New Delhi, Aug 17 (IANS) China is expected to face an adverse economic impact in the coming decades due to its ageing population and high government debt, according to reports.High government debt raises interest costs and leaves less fiscal room...
Colombo, Aug 17 (IANS) The Sri Lankan government plans to sign more free trade agreements (FTAs) with foreign partners to diversify its export markets and boost foreign exchange earnings, media reports said on Sunday, citing a senior official. Deputy Minister...