Seoul, June 23 (SocialNews.XYZ) Research and development (R&D) expenditures by major South Korean companies hit an all-time high last year despite their falling sales amid an economic slowdown, data showed on Sunday. The country’s top…
Mumbai, June 23 (SocialNews.XYZ) The outlook of the Indian markets will be guided by monsoon updates, any upcoming budget-related announcements, marco cues, and global factors like US GDP data this week. Last week, Sensex and…
New Delhi, June 22 (SocialNews.XYZ) Buoyed by the policy and reform continuity, foreign portfolio investors (FPIs) have altered their position in the equity market following the election results, injecting Rs 23,786 crore since June 10,…
New Delhi, June 22 (SocialNews.XYZ) India’s innovation ecosystem is poised for exponential growth, driven by robust government policies, increased venture capital and a dynamic talent pool, industry experts said on Saturday. The country is likely…
New Delhi, June 22 (SocialNews.XYZ) About 28 Indian startups have raised $800.5 million in funding across 29 deals this week. This represents an increase of 296 per cent from the $201.8 million secured by the…
Mumbai, June 22 (SocialNews.XYZ) The proposed mega Vadhavan port in the Palghar district of Maharashtra, worth Rs 76, 220 crore, would not only boost sea-based trade but also herald a new wave of industrial development…
New Delhi, June 22 (SocialNews.XYZ) Union Minister for Finance Nirmala Sitharaman chaired pre-Budget consultations with the Finance Ministers of states and Union Territories to take their views on board for the upcoming Union Budget 2024-25…
New Delhi, June 22 (SocialNews.XYZ) Central government has approved two new Inter State Transmission System (ISTS) schemes to evacuate 9 GW of renewable energy from Rajasthan and Karnataka with an investment of Rs 13,595 crore,…
New Delhi, June 22 (SocialNews.XYZ) Rural India has bounced back as a buyer of fast-moving consumer goods (FMCG) such as soaps and soft drinks and sales of these goods are expected to expand at a…
New Delhi, June 22 (SocialNews.XYZ) A record 12.2 million new accounts were opened in the Atal Pension Yojana (APY) during 2023-24 taking the total enrolments to 66.2 million under the government’s social security scheme, according…
New Delhi, June 22 (SocialNews.XYZ) Showing their confidence in the resilient Indian economy despite global macroeconomic conditions, non-resident Indians (NRIs) deposited around $1 billion in the country in April alone. Last year, overseas Indians deposited…
Mumbai, June 21 (SocialNews.XYZ) The Indian stock markets closed lower in a volatile session on Friday on profit booking and underperformance in the fast-moving consumer goods (FMCG) sector. Sensex closed 269 points lower at 77,209…
New Delhi, June 21 (SocialNews.XYZ) India, on its way to becoming the global electronics manufacturing hub, has doubled down on the local manufacturing of multiple products — mobile phones and their components, televisions, semiconductors and…
New Delhi, June 21 (SocialNews.XYZ) Output growth across India’s private sector regained growth in June with business activity increasing at quicker rates among manufacturing companies and services firms while hiring of workers shot up to…
Mumbai, June 21 (SocialNews.XYZ) Japan’s Takeda Pharmaceutical gave India’s Sun Pharmaceutical and Cipla the rights to commercialise the gastrointestinal drug Vonoprazan in the country. The drug, which is sold in the form of tablets under…
Mumbai, June 21 (SocialNews.XYZ) India’s jewellery retail sector has recorded rapid growth in the last five years surging from Rs 5,04, 400 crore in 2019 to 6,40,000 crore in 2024 on the back of rising…
Mumbai, June 21 (SocialNews.XYZ) Indian equity indices opened in green on Friday as Infosys, Wipro, and Tech Mahindra were top gainers. At 9:40 a.m., Sensex was up 222 points or 0.28 per cent at 77,700…
New Delhi, June 21 (SocialNews.XYZ) Strengthening the presence of Brand Storii, ITC’s Hotel Group has announced the signing of two Storii resorts in Rajasthan. With these signings, the chain’s portfolio of managed properties continues its…
Mumbai, June 20 (SocialNews.XYZ) India’s benchmark indices closed in the green on Thursday following a rally in metal and banking stocks. At closing, Sensex settled at 77,478, up 141 points or 0.18 per cent, and…
Mumbai, June 20 (SocialNews.XYZ) Indian equity benchmarks were trading flat on Thursday as mixed cues from global markets. At 9.50 a.m., Sensex was down 28 points or 0.04 per cent, at 77,309 and Nifty was…