Business

August 21, 2024 4:17 PM

Growth of e-commerce should be citizen-centric: Union Minister Piyush Goyal

Union Commerce Minister Piyush Goyal on Wednesday emphasized the need for a balanced approach to the expansion of e-commerce in India, saying that it should be citizen-centric and supportive of the broader economy. Speaking at the launch of the Pahle India Foundation’s report on the 'Net Impact o...

August 21, 2024 5:27 PM

Indian shares edge higher, led by FMCG, media stocks

India's benchmark indices held onto their early gains on Wednesday, closing the day in positive territory. The Sensex gained 102.44 points, or 0.13 percent, to 80,905.30, while the Nifty added 71.35 points, or 0.29 percent, to end at 24,770.20. Support from FMCG, media, and consumer durable stocks ...

September 16, 2024 4:01 PM

Nepal to export additional 251 MW of hydropower to India from 12 new projects

India’s Designated Authority for Cross-Border Trade has approved an additional 251 MW of power exports from 12 hydropower projects in Nepal. For the first time, Nepal will be exporting power to Bihar through a medium-term power sales agreement. This approval increases the total allowed quantum fro...

August 19, 2024 7:52 PM

Sitharaman asks public sector banks to work on deposit mobilisation

Union Finance Minister Nirmala Sitharaman chaired a meeting on Monday to review the performance of Public Sector Banks (PSBs), focusing on key financial parameters, deposit mobilisation, digital payments, and cyber security frameworks. The meeting also addressed access to credit under financial incl...