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AMFI reshuffle expected to see a marginal rise in large-cap cut-off, drop in mid-cap bar

New Delhi, June 22 -- The large-cap cut-off in the semi-annual AMFI stock reclassification is set to increase marginally to Rs.1.07 lakh crore against Rs.1.05 lakh crore in December, according to Nuva... Read More


Data centre could lead to higher water stress, warns Moody's

New Delhi, June 22 -- Moody's on Monday cautioned about water stress due to rapidly growing demand from data centres. It also said that India's 'fragmented' water management framework raises fiscal, c... Read More


Core sector's growth dipped to 7 months low of 0.5% in May

New Delhi, June 22 -- With five sub sectors recording de growth, growth of eight core industries slipped to 0.5 per cent in May as against 1.8 per cent of April, the government reported on Monday. Thi... Read More


Government pushing for locating a root server in India: MeitY Secretary

New Delhi, June 19 -- The government on Friday said that it was pushing for locating a root server in India, given the number of people who use the Internet and in terms of long-term resilience of the... Read More


Essar Group, IRH to set up $500 million crude oil, product sourcing facility

New Delhi, June 16 -- Essar Group and International Resources Holding (IRH) on Tuesday announced the successful execution of a $500 million crude sourcing and product supply facility between Essar Ene... Read More


ICICI Pru Life Insurance launches ULIP with fixed maturity benefit, life cover

New Delhi, June 16 -- ICICI Prudential Life Insurance has launched ICICI Pru Signature Secure, the industry's first unit linked insurance plan (ULIP) with an in-built guaranteed maturity benefit. The... Read More


Gem, jewellery exports dip 2% on gold supply shortage, weak demand

New Delhi, June 15 -- Gem and jewellery exports dipped two per cent in May to $2.05 billion against $2.10 billion in the same period last year, largely due to shortage of gold availability and growing... Read More


Novartis brings in its advanced-prostrate-cancer drug to India

New Delhi, June 15 -- Swiss drugmaker Novartis has launched its advanced-prostrate-cancer drug Pluvicto in India. The development comes about four months after the parent company had announced its exi... Read More


Tata Sons board approves FY26 accounts, discusses operating plan

New Delhi, June 12 -- : The board of Tata Sons, which met on Friday, approved the annual accounts for FY26 and discussed the broad operating agenda for the current financial year, according to source... Read More


Centre proposes common broadcasting regulations for TV, radio

New Delhi, June 12 -- The government on Friday published the draft telecommunication rules related to television, radio and associated services for public consultation. The proposed rules aim to estab... Read More