A new report released on Monday indicates that solar power installations across the nation are set to reach approximately 216 gigawatts by the fiscal year 2028, producing 305 billion units of electricity. CareEdge Advisory, an arm of CareEdge Ratings, attributes this expansion to robust participation in the Production Linked Incentive program, which has accelerated manufacturing…
Technology leaders and researchers say the country stands positioned to reach developed-nation status by advancing its artificial intelligence capabilities and expanding digital infrastructure systems. Comments came during presentations at the Emerging Science, Technology and Innovation Conclave held at Bharat Mandapam, where Prime Minister Narendra Modi addressed achievements across multiple sectors. Bhushan Pathwardhan from Pune Savitribai…
Indian stock indexes recovered from early losses on Monday to finish higher after two consecutive sessions of declines. The Sensex added 39.78 points to close at 83,978.49 while the Nifty gained 41.25 points to settle at 25,763.35. Real estate companies and government-controlled lenders drove the advance. The Nifty PSU Bank index jumped 1.92 percent as…
India collected 1.95 trillion rupees in goods and services tax during October, representing a 4.6 percent gain from 1.87 trillion rupees during the same month one year earlier. Government figures released on Monday showed the increase reflects consumer spending strength during religious festivals and policy adjustments that took effect in late September. Annual GST receipts…
Nepal recorded fewer visitors from India during the initial 10 months of this year, while total international arrivals barely increased, according to figures from the Nepal Tourism Board. Indian travelers represent approximately one-quarter of all foreign guests to the Himalayan country. Between January and October, arrivals from India fell 11 percent year over year to…
India’s PHD Chamber of Commerce and Industry urged government officials on Monday to establish a specialized department focused on strategic minerals and pursue diplomatic efforts to secure international supply networks. Business leaders gathered by the organization recommended developing comprehensive domestic capabilities spanning mineral discovery through final product sales, mirroring strategies China has employed. Anil Chaudhary,…
The Bombay Stock Exchange closed 143 investor grievances filed against 90 corporations in October while handling complaints from earlier periods. The bourse received 120 fresh complaints targeting 81 businesses during the same month, according to its monthly investor report released on Monday. JSW Steel Limited held five unresolved complaints as of Oct. 31, making it…
Ambuja Cements reported consolidated net profit of 2,302.3 crore rupees for the July through September period, representing a 364 percent jump from 496.5 crore rupees during the corresponding quarter one year earlier. The cement manufacturer, which operates within the Adani Portfolio, posted a standalone profit that climbed 177 percent to reach 1,387.55 crore rupees. Revenue…
Gold declined below $4,000 per ounce on Monday after retreating 2.7 percent from the prior week to settle at $3,984.43. Traders in India saw 24-carat gold priced at 121,113 rupees for 10 grams during daytime transactions, according to figures from the India Bullion and Jewellers Association. Market watchers attributed the pullback to easing trade friction…
Professional recruitment across India expanded during October 2025 as employers sought workers for education positions, financial services roles and business process outsourcing despite holiday slowdowns around Diwali and Dussehra. The Naukri JobSpeak Index registered 2,480 points last month, representing a 9 percent annual decline. However, when researchers factored in calendar shifts from religious observances, white-collar…
