BUSINESS
Credit Card Spending in India Surpasses ₹2 Lakh Crore in October
Credit card spending in October reached Rs 2.02 lakh crore, up 13 per cent year-on-year, as per latest data by the Reserve Bank of India (RBI).
India Sees Double-Digit Growth in Steel Consumption Despite Global Slowdown
According to the statement, unless adequate domestic steel production capacity is built, the country would become a net importer of steel and would remain dependent on imports of steel for its infrastructure creation. As per the National Steel Policy, it aims for a production capacity of 300 million tonnes of steel by the year 2030 with the present capacity being about 180 million tonnes.
India's Milk Production Increases by 4% to Exceed 239 Million Tonnes in 2023-24
Union Minister Singh said the per capita availability of milk has also increased to 471 gm per day in 2023-24 from 459 gm per day in 2022-23. The minister noted that the average growth in India's milk production has been 6 per cent as against 2 per cent of the world's average.
Government Finalizes Auction of 9 Coal Mines, Projected to Generate ₹1,446 Crore Annually
These mines are likely to generate around Rs 1,446 crore in annual revenue (excluding partially explored mines), and also likely to attract around Rs 2,115 crore in capital investment, besides creating 19,063 employment opportunities, according to the ministry.
Adani Group Denies Bribery Charges Against Gautam Adani
The US Department of Justice's (US DOJ) indictment filed in a New York Court last week does not mention Gautam Adani, founder chairman of the ports-to-energy conglomerate, his nephew Sagar, or Vneet Jaain in any count related to conspiracy to violate the FCPA, Adani Green Energy Ltd (AGEL) said in a stock exchange filing.
Everything You Need to Know About PAN 2.0
PAN 2.0 Project is an e-Governance project of the Income Tax Department for re-engineering the business processes of taxpayer registration services. The objective of the project is to enhance the quality of PAN services through the adoption of the latest technology.
Trudeau Describes 'Good Call' with Trump Amid Ongoing Tariff Threats
"I had a good call with Donald Trump last night again," Trudeau said in an address to reporters on Tuesday according to BBC.
India's Domestic Air Traffic Grows 5.3% to 1.36 Crore in October
Leading Indian carrier IndiGo (NS:INGL) carried 86.40 lakh passengers during the month with a market share of 63.3 per cent, followed by Tata Group's Air India and Vistara which took 26.48 lakh and 12.43 lakh passengers, respectively.
India’s healthcare sector grew strongly in Q2 FY25, revenue up by 17.6pc: Report
According to the report from Axis Securities, the healthcare sector also performed well, growing by 10.4 per cent QoQ.
Essar Group Chairman Shashikant Ruia Passes Away at 81, PM Modi Expresses Grief
Condoling Ruia's death, Prime Minister Narendra Modi said, "Shri Shashikant Ruia Ji, was a towering figure in the world of industry.
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