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Union Cabinet Approves Rs 3,300 Crore Semiconductor Unit In Gujarat
The Union Cabinet has greenlit a proposal by Kaynes Semicon Pvt Ltd to establish a semiconductor manufacturing unit in Sanand, Gujarat.
Sensex Hits All-Time High On Positive Global Cues
At the session's start, Sensex surged to a new all-time high of 82,725, while Nifty reached 25,333. By 9:43 a.m., Sensex had risen 246 points or 0.30% to 82,612, and Nifty gained 77 points or 0.31% to 25,313.
Adani Energy Strengthens Transmission Dominance With Khavda Phase-IV Acquisition
AESL has bolstered its dominance in India's private transmission sector with the acquisition of the Khavda Phase-IV Part-A project.
GST Collections Rise 10% Year-on-Year In August To Rs 1.75 Lakh Crore
Domestic transactions contributed significantly, with gross GST revenues from these transactions growing by 9.2% to about Rs 1.25 lakh crore. Revenues from imports also saw a rise of 12.1%, reaching Rs 49,976 crore
After Residents, NGOs Come Out In support Of Dharavi Redevelopment Survey
The survey, launched on March 18, aims to gather data from lakhs of residents to help the state government determine rehabilitation eligibility. It has already completed over 11,000 tenements through door-to-door visits
Elon Musk Slams Brazil’s SC Decision To Block X As Attack On Free Speech
Elon Musk has vehemently criticized Brazil's SC decision to block X nationwide, accusing the ruling of a severe assault on freedom of speech.
India Set To Become Global AI Hub, Says Tech Futurist Stephen Ibaraki
India is on the path to becoming a global hub for artificial intelligence (AI), according to technology futurist Stephen Ibaraki. To achieve this, he emphasized the need for the country to leverage its vast talent pool
India’s Digital Payments Boom: UPI Processes 81 Lakh Cr Worth Transaction In April-July
India's Unified Payments Interface (UPI) processed nearly Rs 81 lakh crore worth of transactions between April and July this year, marking a remarkable 37% year-on-year increase.
Brazilian Supreme Court Orders Nationwide Ban On Social Media Platform X
Brazil’s Supreme Court Justice Alexandre de Moraes has mandated the nationwide suspension of X for failing to comply with legal requirements.
India’s Q1 GDP Growth Slows To 6.7%, Lowest In Five Quarters
Aditi Nayar, Chief Economist at Icra, pointed out a significant reduction in investment activity during Q1FY25, noting that capital expenditure by the central government and 22 state governments contracted year-on-year by 35% and 23%, respectively.
