Bharat Express-->

Business

The Ministry of Heavy Industries approved incentive claims totaling Rs 246 crore from M&M and Tata Motors under ambitious Rs 25,938 crore PLI scheme.

Prime Minister Narendra Modi’s government has made significant strides in job creation compared to the previous UPA regime, as per RBI.

White-collar hiring in December 2024 grew 9% year-on-year, driven by demand for high-skill and strategic roles.

The PMI for December dropped slightly to 56.4 from November's 56.5, marking the year's lowest reading but remaining above the long-term average of 54.1.

On Thursday, Mansukh Mandaviya announced that employment in India grew by 36%, reaching 64.33 crore in 2023-24 from 47.15 crore in 2014-15.

UPI transactions reached an all-time high of 16.73 billion in December 2024, marking an 8% increase from the 15.48 billion transactions recorded in November 2024.

India's textile and apparel exports, including handicrafts, grew by 7% to $21.36 billion during April-October FY 2024-25, compared to $20.01 billion

By 9:29 am, the Sensex had dropped 233.24 points or 0.29 per cent to 79,710.47. Meanwhile, the Nifty declined by 56.75 points or 0.23 per cent, trading at 24,131.90.

India's vehicle auto sales have witnessed remarkable growth in 2024, registering a 9% increase and reaching a record high of nearly 26.1 million units.

In the significant move, the Union Cabinet, chaired by Prime Minister Narendra Modi, approved the extension of the Pradhan Mantri Fasal Bima Yojana till 2026.