Bhubaneswar: Union Railway Minister Ashwini Vaishnaw Monday announced that the Centre has allocated Rs 10,599 crore towards the railway sector in Odisha in the Union Budget for 2025-26. In his address to the media persons, Vaishnaw said, "I extend my sincere thanks to Prime Minister Narendra Modi, Finance Minister Nirmala Sitharaman and Odisha Chief Minister Mohan Charan Majhi for the cooperation that helps to get No Objection Certificate for land and forest."...Read More
New Delhi [India], February 3 (ANI): The Supreme Court on Monday sought the Central Forensic Science Laboratory (CFSL) report on the examination of certain leaked audio tapes which allegedly implicate Manipur Chief Minister N Biren Singh for instigating ethnic violence in the state. A bench of Chief Justice of India Sanjiv Khanna and Justice Sanjay Kumar said the CFSL report should be submitted in six weeks in a sealed cover. The bench then posted the hearing in the week commencing on March 24...Read More
PNN New Delhi [India], February 3: SarkarSEO, a leading SEO agency, is introducing a new approach to digital rankings with its Search Everywhere Optimization strategy. As AI-powered search engines like ChatGPT, Perplexity, and Bing AI change how people find information, SarkarSEO is helping businesses rank across all platforms, not just Google. Search Everywhere Optimisation takes advantage of the fractured nature of the search, optimising organic presence for as many different platforms as po...Read More
New Delhi, Feb 3 (PTI) Barbeque-Nation Hospitality, a QSR chain operator on Monday reported an increase of 4.54 per cent in consolidated net profit to Rs 5.05 crore in the third quarter ended in December 2024. The company had posted a profit of Rs 4.83 crore in the October-December quarter a year ago, according to a regulatory filing from Barbeque-Nation Hospitality. Its revenue from operations marginally declined to Rs 328.89 crore in the December quarter from Rs 330.87 crore in the same peri...Read More
Mumbai, Feb 3 (PTI) Benchmark stock indices Sensex and Nifty closed lower on Monday tracking weak global markets amid concerns over US President Donald Trump imposing tariffs on some of its trading partners. The 30-share BSE Sensex declined 319.22 points or 0.41 per cent to settle at 77,186.74, snapping its five-day rally. Intra-day, it tumbled 749.87 points or 0.96 per cent to 76,756.09. The NSE Nifty declined 121.10 points or 0.52 per cent to 23,361.05. From Sensex shares, Larsen & Toubro, T...Read More
NEW DELHI: The Delhi high court on Monday summoned Congress leader Shashi Tharoor in response to a defamation lawsuit filed by BJP leader Rajeev Chandrasekhar. Justice Purushaindra Kumar Kaurav scheduled the next hearing for April 28. The court instructed that the complaint be treated as a formal suit and directed summons to be issued to Tharoor. The matter will be listed before the joint registrar on the scheduled date. In his suit, Chandrasekhar accused Tharoor of making false and damaging...Read More
New Delhi: India's coal sector has registered a 5.88 per cent increase in production to 830.66 million tonnes (MT) during April 2024 to January 2025 of the current financial year, from 784.51 MT recorded during the same period of 2023-24, according to a Coal Ministry statement issued on Monday. The total coal production during January 2025 has reached 104.43 MT, reflecting a 4.38 per cent increase over 100.05 MT recorded during the corresponding period of the previous year. The contribution fr...Read More
Monday, 3 February 2025 () India's manufacturing sector saw its fastest growth in six months in January, driven by a sharp rise in new orders and record export growth. The PMI rose to 57.7, indicating strong sector health. Robust job creation and easing input cost pressures were also noted. Optimism among manufacturers suggests ongoing expansion and solid prospects for early 2025....Read More
NEW DELHI: SRG Housing Finance has reported a growth of 7.89 per cent in its net profit during the quarter ended December 31, 2024. Its profit after tax stood at Rs 5.74 crore in Q3 FY25 as against Rs 5.32 crore it registered in the corresponding quarter of the previous fiscal, the company said in a BSE filing. The company's net total income stood at Rs 40.25 crore in Q3 FY25, a growth of 24.96 per cent from Rs 32.21 crore it recorded in the similar quarter last year. Vinod Jain, managing dire...Read More
India's NTPC (previously the National Thermal Power Corporation) has launched its first 160 megawatt hours (MWh) CO₂ battery energy storage project, to be developed by Triveni Turbine and its energy partner Energy Dome. The project will be executed on a turnkey basis at NTPC's Kudgi plant in Karnataka, India. The initiative aligns with NTPC's strategy to diversify its energy portfolio and increase renewable power generation. The adoption of CO₂ battery technology also supports India's "Make i...Read More
Agartala, Jan 31 (VOICE) Tripura has 73 per cent reserve forest cover and absorb huge carbon from the atmosphere, Tripura Chief Minister Manik Saha said, adding that keeping this in mind, the state government has sought 20 per cent devolution of taxes in the forests and ecology category to the 16th Finance Commission, which is now visiting the state.The 16th Finance Commission headed by its Chairman Arvind Panagariya arrived in Tripura on Wednesday on a four-day visit to the state and held a ser...Read More
MUMBAI: Warning that business as usual approach to policy reforms will push the economy which is already facing hiccups, to growth stagnation, the economic survey said by reducing the excessive regulatory burdens, governments can help businesses become more efficient, reduce costs, and unlock new growth opportunities. In short, the governments should help the industry rediscover their animal spirits. "Regulations increase the cost of all operational decisions of firms, the survey said outlining...Read More
NEW DELHI: LIC Housing Finance has reported a growth of 22.75 per cent in its net consolidated profit during the quarter ended December 31, 2024. Its profit after tax stood at Rs 1,434.89 crore in Q3 FY25 as against Rs 1,169 crore it registered in the corresponding quarter of the previous fiscal, the company said in a BSE filing. The company's net consolidated total income stood at Rs 7,069.99 crore in Q3 FY25, a growth of 3.91 per cent from Rs 6,804.19 crore it recorded in the similar quarter ...Read More
Ludhiana: The municipal corporation, which has prepared a roadmap for establishment of the "waste to energy" plant for proper management of fresh waste generated in the city, invited three major firms with expertise in the field on Friday. MC commissioner Aaditya Dachalwal said that they wanted to get suggestions and inputs from the firms so that proper planning could be done for establishment of the plant. Firms invited on Friday include SFC Environmental Technologies Ltd, Re Sustainability Li...Read More
New Delhi, Jan 31 (PTI) Indian cloud service providers Ola Krutrim and AceCloud have started offering services of Chinese artificial intelligence platform DeepSeek in the country. AceCloud was the first to announce hosting of DeepSeek. Also Read | 8th Pay Commission: Nirmala Sitharaman To Announce Official 8th CPC Implementation Date in Union Budget 2025? Check Details Here. AceCloud said that it will offer DeepSeek AI models to businesses with claims that the data residency will remain in In...Read More
NEW DELHI: Mahindra Lifespace Developers (MLDL), the real estate and infrastructure development business of the Mahindra Group, has reported net consolidated loss after tax of Rs 22.47 crore during the quarter ended December 31, 2024. It had registered profit after tax of Rs 50.02 crore in the corresponding quarter of the previous fiscal, the company said in a BSE filing. The company's net consolidated total income stood at Rs 185.77 crore in Q3 FY25, a growth of 109.27 per cent from Rs 88.77 c...Read More
New Delhi, Jan 31 (UNI) In a move to boost innovation, knowledge, and public service enhancement, the Centre on Friday expanded Aadhaar authentication to both government and private entities with the notification of the Aadhaar Authentication for Good Governance (Social Welfare, Innovation, Knowledge) Amendment Rules, 2025. "These rules have been notified by the Ministry of Electronics and Information Technology (MeitY) under the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Bene...Read More
New Delhi, January 31: The unveiling of the Economic Survey on Friday sets the stage for Finance Minister Nirmala Sitharaman to present the Union Budget for 2025-26 in Parliament on Saturday (February 1), which is expected to continue the government's policy of giving a big push to economic growth with equity. The government has prioritised improving the quality of life in rural areas to ensure equitable and inclusive development, according to the Economic Survey 2024-25. The survey highlights ...Read More
Srinagar, Jan 31 (PTI) Indian Institute of Carpet Technology (IICT) and NIFT, Srinagar has developed 36 box prototypes for unique packaging of Kashmiri handicrafts with the aim of boosting sales. Director IICT Zubair Ahmad said the packaging is an inseparable part of the famed Kashmir handicrafts, which facilitates its foray into international markets in a big way. "Time has come for artistic packaging to create a unique unboxing experience of the famed arts of Kashmir and boost its market val...Read More
India's Oil and Natural Gas Corp (ONGC) reported a 17% drop in third-quarter profit, falling to 82.40 billion rupees ($952 million) for the October-December period. India's Oil and Natural Gas Corp (ONGC) reported a third-quarter profit miss on Friday, as buoyant fuel demand failed to cushion the explorer from lower crude realisations.The state-owned firm's standalone profit fell 17% to 82.40 billion rupees ($952 million) in the October-December period, and came far below analysts' average expe...Read More
Mumbai: In addition to tomato and onion, tur dal has contributed to India's food inflation which has remained high over the past two years, said the Economic Survey 2024-25 released on Thursday. The Survey attributed the price increase to supply chain disruptions exacerbated by extreme weather events and reduced harvest of some food items and called for focused research to develop climate-resilient crop varieties, enhancing yield and reducing crop damage....Read More
New Delhi [India], January 31 (ANI): Official Spokesperson of the Ministry of External Affairs Randhir Jaiswal said on Friday that French President Emmanuel Macron has invited Prime Minister Narendra Modi to attend the Artificial Intelligence (AI) Action Summit, and India has accepted the invite. While speaking at a press briefing, Jaiswal said that India is also developing its own AI program. "French President has invited Prime Minister Narendra Modi for Artificial Intelligence Action Summit ...Read More
New Delhi [India], January 31 (ANI): The Indian Railways on Friday achieved a significant milestone by upgrading over 23,000 track kilometres (TKM) of its network to accommodate train speeds of up to 130 kilometres per hour (kmph), according to a release. This remarkable progress underscores the government's commitment to modernising railway infrastructure, enhancing connectivity, and reducing travel times for millions of passengers across the nation. With nearly one-fifth of India's railway n...Read More
Hyderabad: The distribution of compensation cheques to tenants affected by the Hyderabad Metro Rail Project (Phase 2) in the Old City has officially begun. At Metro Bhavan in Rasoolpura, Begumpet, the Land Acquisition Unit of Hyderabad Metro Rail Project distributed financial assistance cheques of ₹6 lakh each to 100 tenants whose shops were impacted due to land acquisition for the metro construction. According to officials from the Land Acquisition Unit, the compensation process will continue ...Read More
Srinagar, Jan 31: Online gambling has become a growing menace in Kashmir, driving several families into severe financial distress and emotional turmoil. The easy accessibility of online betting platforms has lured many, particularly youth, with the illusion of quick financial gains. However, this often results in heavy monetary losses, debt and psychological suffering. According to details obtained by the news agency -- Kashmir News Observer (KNO), a youth from south Kashmir initially won Rs 10...Read More
New Delhi: Nepal's Prime Minister KP Sharma Oli's decision to visit China before India after assuming office in 2024 had reignited speculations about the trajectory of India-Nepal bilateral ties. While some analysts see this as a shift in Kathmandu's diplomatic priorities, New Delhi has downplayed concerns, maintaining that relations between the two South Asian neighbours remain strong. "I can tell you that the relations between the two countries remain good and strong and we want to further st...Read More
New Delhi, Dec 31 (IANS) The year 2024 has been historic for Indian startups as the government abolished the angel tax (a tax levied on investing in startups), which improved Indian startups' funding and enabled them to raise more than $12 billion. Along with this, food delivery company Zomato managed to make its place in the Sensex, the index of top companies in the country. Indian startup companies crossed the magical figure of getting $150 billion in funding in 2024. Between 2014 and 2024, n...Read More
Baripada: Odisha Vigilance Department Friday arrested an official of the Integrated Tribal Development Agency (ITDA) in Mayurbhanj district after detecting disproportionate assets in his possession. The arrested official was a project administrator at the ITDA in the district's Bonai area. A case has been registered at the Rourkela Vigilance police station against the official and his wife under various sections of the Prevention of Corruption (Amendment) Act and Bharatiya Nyaya Sanhita (BNS),...Read More
Bhubaneswar, Jan 31 (PTI) The Odisha Vigilance Department on Friday arrested an official of the Integrated Tribal Development Agency (ITDA) of Mayurbhanj district after detecting disproportionate assets in his possession. The arrested official was a project administrator at the ITDA in the district's Bonai area. A case has been registered at the Rourkela vigilance police station against the official and his wife under various sections of Prevention of Corruption (Amendment) Act and Bharatiya N...Read More
Bengaluru, Jan 31 (PTI) The Bangalore Metro Rail Corporation Ltd (BMRCL) on Friday announced that it has successfully completed erection of four composite steel girder over the 65 meter-long railway track at Rainbow hospital between the ISRO and Doddanekkundi metro stations, to accommodate the existing railway line and future lines of railways and K-Ride. In a statement, the BMRCL said that the Approval of Commissioner of Metro Rail Safety/Southern Circle Bangalore was obtained before starting ...Read More