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India's July steel output rises 1.9%

New Delhi, Aug. 25 -- India's crude steel production rose 1.9 per cent year-on-year (y-o-y) to 14.4 million tonnes (mt) in July, even as global output declined marginally, according to data released b... Read More


Tamil Nadu Government to rejig key AI agencies

New Delhi, Aug. 25 -- To position Tamil Nadu at the forefront of the growing AI economy, the new TVK-led government of Tamil Nadu has announced a reorganisation of the Tamil Nadu Artificial Intelligen... Read More


Indian refiners lean on Russia, UAE, South America for August crude oil imports

New Delhi, Aug. 25 -- Indian refiners are procuring crude oil cargoes from Russia, the UAE and South America during August as disruptions persist in West Asia following the conflict impacting supplies... Read More


MoD plans fast-track defence licensing in under three weeks

New Delhi, Aug. 25 -- The Ministry of Defence (MoD) has created a concept paper, awaiting nod from the Union Ministries of Commerce and Home, to reduce timeline of processing a defence manufacturing l... Read More


Mumbai airport asks airlines to shift 30% of international flights to NaviMumbai from October

New Delhi, Aug. 25 -- Adani group-run Mumbai International Airport Ltd(MIAL) has asked airlines to shift over 30 per cent of international flights from terminal 2 to NaviMumbai from October. The airp... Read More


Fresh deposit and lending rates have hardened in recent months: RBI bulletin

New Delhi, Aug. 25 -- Fresh deposit and lending rates have hardened in recent months with the rising credit demand, according to RBI's latest monthly bulletin. The weighted average domestic term depo... Read More


HEG fixes September 7 as record date for demeger

New Delhi, Aug. 25 -- HEG Ltd, a manufacturer of graphite electrodes, completed the final operational steps of its proposed demerger that will create two independent listed entities. The LNJ Bhilwara ... Read More


Brands, q-comm, retailers witness a spike in Rakhi gifting demand

New Delhi, Aug. 25 -- Brands, retailers and e-commerce players are expecting to garner double-digit sales growth in the run-up to Raksha Bandhan, which is slated to be celebrated this Friday. Players ... Read More


Broker's call: Nykaa (Buy)

New Delhi, Aug. 25 -- Target: Rs.475 CMP: Rs.332.80 Our conviction on FSN E-Commerce Ventures (Nykaa) rests on the dual engines of premium user penetration and premiumisation. These underpin a durab... Read More


Welspun One to complete WTC Thane project by year-end

New Delhi, Aug. 25 -- Welspun One, a leading real asset platform, targets to complete the World Trade Center Thane project by the end of this year with an investment of over Rs.1,000 crore, including ... Read More