Business

May 10, 2024 7:15 PM

India’s industrial production surges by 4.9% in March

India's industrial sector witnessed a significant growth in March 2024, with the Index of Industrial Production (IIP) rising by 4.9% compared to the same period last year. This growth reflects a positive trend in the country's manufacturing, mining, and electricity sectors. According to the latest ...

May 10, 2024 2:01 PM

Asia stocks rally on renewed global rate cut optimism

Asian stocks rose on Friday, on course for a third week of gains, while the dollar was steady as fresh signs of an easing U.S. labour market stoked optimism around interest rate cuts this year ahead of next week's crucial inflation data. Sterling was steady at $1.2515, having touched a more than tw...

May 9, 2024 11:31 PM

SBI’s net profit grows 18% in fourth quarter, 20.5% for entire 2023-24

The State Bank of India (SBI), the country's largest lender, has reported an 18 percent rise in consolidated net profit at Rs 21,384 crore for the quarter that ended in March, aided by strong credit growth. SBI reported a net profit of Rs 18,094 crore in the year-ago period. Consolidated net pro...

May 9, 2024 7:04 PM

Iran to import no wheat until March 2025, ministry official says

Iran will not import any wheat until March 2025 as it will rely on domestic production, the Iranian Student News Agency reported a deputy at the Agriculture Ministry saying on Thursday. "Between March 2023 and March 2024, domestic production of wheat has reached 10.5 million tons and we only needed...

May 8, 2024 10:20 AM

Apple unveils thinnest iPad Pro powered by M4 chip

Apple CEO Tim Cook took to his official social media handle on X to reveal the latest addition to the tech giant's product lineup--the all-new iPad Pro. Cook's post generated a wave of anticipation among Apple enthusiasts and tech fans alike. https://twitter.com/tim_cook/status/1787864325258162239 ...

May 7, 2024 5:50 PM

MEDITECH STACKATHON launched to boost India’s MedTech industry

The Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers today kicked off the MEDITECH STACKATHON 2024 in New Delhi alongside Confederation of Indian Industry (CII) . This event aims to revolutionize India's growing MedTech sector by thoroughly analyzing the value chain of selected ...