NEWS
Spain's BBVA expanding digital banking business to Germany
20 Jun 2024
BBVA, Spain's second largest bank after Santander, which successfully rolled out its digital banking services in Italy, is planning to extend its digital services to Germany as well.
HAL gets Rs50,000-cr defence ministry order for 156 Light Combat Helicopters
19 Jun 2024
Ministry of defence has issued a Request for Proposal (RFP) to Hindustan Aeronautics Ltd (HAL) for the purchase of 156 Light Combat Helicopters (LCH), estimated to cost around Rs50,000 crore.
CMA CGM launches new service connecting Indian subcontinent and US East Coast
18 Jun 2024
French shipping and logistics company CMA CGM on Monday announced the launch Indamex, a renewed shipping service to cater to the rising demand between Indian subcontinent and the US East Coast.
Elon Musk gets another India shock, from satellite internet
18 Jun 2024
Tesla CEO Elon Musk seems to be losing out on his plans to launch satellite-based internet services in India with major Indian telecom operators Reliance Jio and Bharti Airtel
SBI to raise $3 billion in overseas debt
17 Jun 2024
State Bank of India (SBI), the country’s largest lender, plans to raise around $3 billion in overseas debt in the current financial year, to finance its lending programme.
GAIL to invest Rs60,000 cr for setting up a 1,500-KTA ethane cracker in MP
17 Jun 2024
GAIL (India) Limited plans to invest around Rs60,000 crore to set up a 1,500 KTA ethane cracker, perhaps the largest in India, at Ashta in Sehore district of Madhya Pradesh.
Ola Electric to raise Rs7,250 crore through IPO
17 Jun 2024
Ola Electric has received approval from the Securities and Exchange Board of India (Sebi) for a Rs7,250 crore initial public offer (IPO) – both through fresh issue of Rs5,500 crore
Ministry of textiles approves Startups scheme for technical textiles
17 Jun 2024
The union ministry of textiles has approved a scheme of financial support for startups in technical textiles by promoting innovation and transformative development in order to make the industry sustainable.
India’s wholesale price inflation up at 2.61% in May
17 Jun 2024
The annual rate of inflation based on the Wholesale Price Index (WPI) stood at 2.61 per cent in May 2024, as per provisional estimates released on Friday.
Woman-led start-up develops ‘Divya Drishti’, a versatile AI tool for personal identification
17 Jun 2024
Ingenious Research Solutions Pvt Ltd, a start-up established by woman entrepreneur, Dr Shivani Verma, has successfully developed an AI tool `Divya Drishti`
India’s April-May merchandise trade deficit hits $36.97 bn
17 Jun 2024
India added $3.18 billion to its merchandise trade deficit in May 2024, taking the country’s trade deficit for the first two months of the 2024-25 financial year (April-May 2024) to $36.97 billion.
India’s industrial production up 5% in April
14 Jun 2024
Industrial production in India, based on the Index of Industrial Production (IIP), expanded by 5 per cent in April 2024 against a growth rate of 4.6 per cent
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