In the second quarter of 2024, India’s real GDP expanded 6.7% year-over-year, fueled by a resurgence in household consumption, increased investment, and solid manufacturing activity.
The spike is riding on the back of renewed investor confidence, strong homeownership sentiments, large-scale infrastructure development and rising cost of land and construction.
US aerospace giant Boeing has announced that it is issuing layoff notices, starting this week, to workers as part of the debt-ridden planemaker’s drastic plan to cut 17,000 jobs which works out to 10 per cent of its staff worldwide.
The government on Thursday informed that more than 40 crore gold jewellery items have been hallmarked to date -- over 4 lakh gold items being hallmarked per day.
Petroleum Minister Hardeep Singh Puri on Thursday highlighted the role of Public Sector Enterprises (PSEs) in driving India’s remarkable growth story as the country is headed to become the third largest economy in the world.
India has made remarkable progress in the global innovation index ranking finding a place in the top 40 for the first time, according to the annual report released by the World Intellectual Property Organisation (WIPO) on Thursday.
Leading online travel portal Cleartrip on Thursday partnered with Myntra to reward the top three spenders of the Big Fashion Festival (BFF), with an all-expense paid vacation to the tropical island of Bali.
The Competition Commission of India (CCI) on Thursday said it has approved the acquisition of 100 per cent share capital of Diligent Power Private Limited and DB Power Limited by Adani Power Limited.
India's largest retailer Reliance Retail Limited on Thursday launched a premium fashion and lifestyle store brand AZORTE. With a store size of around 18,000 square feet, the first AZORTE store opened its doors at 1 MG-Lido Mall, MG Road, Bengaluru.
Elon Musk-run Tesla has appointed billionaire and Airbnb Co-founder Joe Gebbia to its board of directors. According to a filing with the US Securities and Exchange Commission (SEC), Gebbia has replaced Oracle Chairman and CTO Larry Ellison who left the board earlier this year.
