Category: Economy

Not ready to announce anything yet regarding chip fabrication unit: Zoho CEO

New Delhi, May 17 (SocialNews.XYZ) Cloud software major Zoho's Founder and CEO Sridhar Vembu on Friday said the company is…

6 months ago

Sensex down 166 points, M&M gains over 6 pc

Mumbai, May 17 (SocialNews.XYZ) India equity indices were in red on Friday following muted global cues. At 9:45 a.m., Sensex…

6 months ago

EVs account for 20 pc of car imports in Jan-April period in S. Korea

Seoul, May 17 (SocialNews.XYZ) Nearly one out of five imported vehicles in South Korea were battery-powered ones in the January-April…

6 months ago

​UN raises India’s 2024 growth rate to 6.9 pc; remains world’s fastest-growing large economy

United Nations, May 17 (SocialNews.XYZ) Indian economy's growth rate projection for this year has been raised by 0.7 per cent…

6 months ago

ICRA predicts Indian airport operators to witness revenue growth of 15-17 per cent in FY 2025

New Delhi, May 16 (SocialNews.XYZ) Overall air passenger traffic is likely to witness healthy growth of around 8-11 per cent…

6 months ago

India makes strong pitch for playing pivotal role in global hydrogen economy

Rotterdam, May 16 (SocialNews.XYZ) India has the capability to become a leading exporter of green hydrogen and is poised to…

6 months ago

HAL posts 52 pc jump in Q4 net profit at Rs 4,308 crore

New Delhi, May 16 (SocialNews.XYZ) Government-owned defence major Hindustan Aeronautics Ltd (HAL) on Thursday reported a 52 per cent jump…

6 months ago

Vodafone Idea’s Q4 loss widens to Rs 7,674 crore

Mumbai, May 16 (SocialNews.XYZ) Telecom operator Vodafone Idea (Vi) on Thursday reported a bigger net loss of Rs 7,674 crore…

6 months ago

Bangladesh approves $23 bn annual development expenditure

Dhaka, May 16 (SocialNews.XYZ) The highest economic policy-making body of the Bangladeshi government on Thursday approved a 2.65 trillion taka…

6 months ago

GAIL net profit jumps 67 per cent in 2023-24

New Delhi, May 16 (SocialNews.XYZ) Public sector natural gas giant GAIL on Thursday reported a 67 per cent increase in…

6 months ago

Australian unemployment rate rises to 4.1 pct

Canberra, May 16 (SocialNews.XYZ) Australia's unemployment rate rose for a second straight month to 4.1 per cent in April. According…

6 months ago

Monsoon likely to arrive in Kerala by May 31: IMD

New Delhi, May 15 (SocialNews.XYZ) The India Meteorological Department (IMD) has announced that this year, the southwest monsoon is likely…

6 months ago

ONGC, Oil India to get relief as Centre cuts windfall tax on crude oil

New Delhi, May 16 (SocialNews.XYZ) The Central government has cut the windfall tax on petroleum crude to 5,700 rupees ($68.34)…

6 months ago

Adani Energy Solutions acquires Essar’s Mahan-Sipat transmission assets for Rs 1,900 crore

Ahmedabad, May 16 (SocialNews.XYZ) Adani Energy Solutions Ltd (AESL), on Thursday, announced that it has acquired 100 per cent stake…

6 months ago

India’s goods exports post 1.07 pc growth in April despite global uncertainties

New Delhi May 15 (SocialNews.XYZ) India’s goods exports rose 1.07 per cent to hit almost $35 billion in April despite…

6 months ago

Modi govt’s policies resulted in exponential & unprecedented infra creation: FM Sitharaman

New Delhi, May 15 (SocialNews.XYZ) Finance Minister Nirmala Sitharaman said on Wednesday that Prime Minister Narendra Modi-led government's policies in…

6 months ago

FM Sitharaman reels out data to slam Congress for neglect of infra projects

New Delhi, May 15 (SocialNews.XYZ) Finance Minister Nirmala Sitharaman on Wednesday reeled out data to slam the erstwhile Congress-led United…

6 months ago

Over 300 pc hike in India’s budget outlay for agriculture in last 9 years: FAIFA report

New Delhi, May 15 (SocialNews.XYZ) There has been an over 300 per cent increase in budget allocation for agriculture over…

6 months ago

IEA scales down growth forecast for global oil demand in 2024

New Delhi, May 15 (SocialNews.XYZ) The International Energy Agency (IEA) has scaled down its forecast for the growth in oil…

6 months ago

AWS plans to invest $8.4 bn into its European Sovereign Cloud in Germany

New Delhi, May 15 (SocialNews.XYZ) Amazon Web Services (AWS) on Wednesday announced its plans to invest 7.8 billion euros ($8.4…

6 months ago



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