NEW DELHI: India needs Rs 56.68 lakh crore for climate action by 2030 but much of the resources flow for climate action, mitigation and adaptation are primarily from domestic resources, the Economic Survey 2024 said on Monday. “The preliminary estimates of the overall resource requirement, as stated in the country’s NDC, are USD2.5 trillion for […]
NEW DELHI: For the MSME sector, the Gross Value Added (GVA) per worker increased from Rs 1,38,207 to Rs 1,41,769 and Gross Value of Output (GVO) per establishment increased from Rs 3,98,304 to Rs 4,63,389 showing increased productivity and labour efficiency, the Economic Survey said. It highlighted the success of the Udyam Registration portal that […]
NEW DELHI: The share of India’s services exports in world services exports has risen remarkably from 0.5 per cent in 1993 to 4.3 per cent in 2022, according to the Economic Survey tabled in Parliament on Monday by Finance Minister Nirmala Sitharaman. India’s external sector remained strong amidst ongoing geopolitical headwinds with services exports continuing […]
NEW DELHI: Employees’ Provident Fund Organisation (EPFO) has added 19.50 lakh new members in the month of May this year, which is the highest ever since the first payroll data was issued in April 2018, official figures showed. The total number of net additions represents a 19.62 per cent increase compared to the corresponding figure […]
NEW DELHI: Coming as a positive signal for the rural two-wheeler (2W) market, a recent report said there has been a recovery in the two-wheeler segment in the first half (H1) of 2024. This surge is primarily due to the emerging performance in rural areas. As per the Federation of Automobile Dealers Associations (FADA), the […]
NEW DELHI: The foreign investors injected Rs 30,772 crore into Indian equities so far in the month of July. This was driven by hopes of continued policy reforms, sustained economic growth and a better-than-expected earnings season. As per the data with the depositories, Foreign Portfolio Investors (FPIs) have made a net inflow of Rs 30,772 […]
NEW DELHI: The Indian startup ecosystem saw more than $200 million in funding this week in 25 deals — a significant surge from nearly $116.26 million last week. Seed funding by homegrown startups grew by 17 per cent this week to $9.78 million from last week’s $8.33 million. Fintech unicorn slice secured $30 million in […]
NEW DELHI: Microsoft Windows PCs at airports, banks, health services, IT companies, and news outlets worldwide are crashing and showing the infamous Blue Screen of Death, causing machines to either shut down or restart automatically. While some attribute the crashes to the ongoing Microsoft cloud service outage, the Blue Screen of Death is likely caused […]
NEW DELHI: Wake up, employees! Satya Nadella just shared some invaluable insights on the occasion of Microsoft’s 10th anniversary. As a tech giant that has revolutionised the IT industry, Microsoft’s decade-long journey has been nothing short of transformative. CEO Nadella, renowned for his outstanding leadership, offered advice that is especially relevant for those aspiring to […]
NEW DELHI: Nearly two months after, OpenAI introduced to the world its most powerful AI model yet – GPT-4o, the Sam Altman-led AI powerhouse today unveiled its lighter, cheaper model for developers. The new model called GPT-4o Mini, costs significantly less than the full-sized models and it is believed to be far more capable than […]