India sees healthy 8 pc increase in overall rainfall, positive for inflation outlook

NEW DELHI: India saw a healthy 8 per cent increase in overall rainfall above the long-term average (till September 13) as average retail prices of vegetables and milk cooled down, a report showed on Monday. Cumulative weekly rainfall was 14 per cent above the long-term average (as of September 11). With overall sowing nearly completed, […]

Kashmir’s automotive landscape gets a boost as Kia starts operations

SRINAGAR: Kia Motors has made a significant entry into Kashmir’s automotive market, officially launching its operations at a newly built state-of-the-art showroom in Pantha Chowk, Srinagar. In a grand unveiling, the company showcased its latest Gravity Edition models, including the SELTOS, SONET, and CARENS. This move is set to ignite growth in the region’s automotive […]

India to add 179 million people to its working age population by 2045

NEW DELHI: India’s demographics are in a sweet spot, and the country is projected to add at least 179 million people to its working-age population by 2045, which can be a significant tailwind for economic growth, particularly as demographics in several parts of the world (including China) turn unfavourable, a new report has said. At […]

Banks, FIs committed close to $386 billion investment in renewable energy: Minister

NEW DELHI: Union Minister of New and Renewable Energy (MNRE) Pralhad Joshi on Monday said the leading banks and various financial institutions have committed close to USD 386 billion investment in development of renewable energy projects by 2030. Speaking at the inaugural ceremony of 4th RE-Invest Summit hosted by MNRE and CII, the minister said […]

Adani Group honoured in TIME’s World’s Best Companies of 2024

NEW DELHI: Leading integrated business conglomerate Adani Group on Friday said it has been featured in TIME magazine’s prestigious ‘World’s Best Companies of 2024’ list. The list was prepared in collaboration with Statista, a global industry ranking and statistics portal. Notably, eight out of 11 listed Adani portfolio companies were considered in the evaluation, reflecting […]

‘India developing world’s largest food-based safety net programs’

NEW DELHI: India has firmly assured the global community of its commitment to developing resilient agricultural systems for a sustainable and prosperous future. India is currently implementing the world’s largest food-based safety net programs to ensure food security and nutrition, Union Minister of State for Agriculture & Farmers’ Welfare Ram Nath Thakur said while addressing […]

Encash Automotive unveils Mahindra ‘THE’ SUV: Thar ROXX

SRINAGAR: Encash Automotive is thrilled to announce the launch of the Mahindra Thar ROXX, a groundbreaking SUV set to revolutionize the market. Starting at Rs 12.99 lakh, the Thar ROXX exemplifies Mahindra’s commitment to bold design and innovation. It offers an unmatched blend of rugged capability and luxury, designed to conquer any terrain while delivering […]

India projected to see 10 lakh jobs this festive season, gig jobs surge

NEW DELHI: The upcoming festive season in India is likely to see the creation of up to 10 lakh jobs with a notable surge in gig and female workforce participation, a report showed on Thursday. The festive season is expected to bring a significant boost in job opportunities, with a 35 per cent increase in […]

India’s industrial production clocks 4.8 pc growth in July

NEW DELHI: India’s Index of Industrial Production (IIP) rose by 4.8 per cent in the month of July, improving its performance from 4.7 per cent in June, Ministry of Statistics data showed. The growth rates of three sectors — mining, manufacturing and electricity — were 3.7 per cent, 4.6 per cent and 7.9 per cent, […]

Parents in India prioritise child’s overseas education over own retirement: HSBC Report

NEW DELHI: A growing number of Indian parents are sending their children to study overseas potentially compromising their financial futures to fund their children’s international education, HSBC’s latest Quality of Life Report 2024 reveals. The Quality of Life report, based on feedback from over 11,000 respondents across 11 global markets, reveals key concerns regarding rising […]