Business

Business

Markets: With global sentiments, Sensex sinks over 1,600 points, Nifty 460 points

January 17, 2024 Vinayak Barot

Mumbai: Global sentiments and bearish hammering of HDFC Bank, among other reasons, pulled down benchmark indices in Dalal Street on Wednesday with the S&P BSE Sensex plummeting 1,628 points and the Nifty50 closing down by 460 points. India’s equity benchmarks opened in the red, dragged down by bank stocks and weakened trends from Asian markets. […]

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Govt of Telangana Signs 4 MoUs with the Adani Portfolio of Companies for over Rs 12,400 cr at WEF, Davos

January 17, 2024 Vinayak Barot

Davos, 17 January 2024: The Adani portfolio of companies, one of the world’s largest infrastructure conglomerates, and the Government of Telangana today signed four memorandums of understanding (MoU) for investment of over Rs 12,400 crore, at the World Economic Forum 2024. These were signed in the presence of the Chief Minister of Telangana, Mr. Revanth […]

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WEF: India’s growth prospects firm, banking sector recovered well, says RBI Governor Das

January 17, 2024 Vinayak Barot

Virendra Pandit    New Delhi: India’s growth prospects are “very good” and its banking sector has recovered remarkably, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Tuesday. Speaking at a session during the ongoing World Economic Forum (WEF) Annual Summit at Davos, Switzerland, he said there is a lot of global confidence in […]

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Green Hydrogen: The final step towards a Zero Carbon Future

January 16, 2024 Vinayak Barot

Ahmedabad, 16 January 2024: Mr. Gautam Adani, Chairman, Adani Group has emphasised the importance of Green Hydrogen in achieving net zero emissions for countries like India in his blog [Link] for the 54th Annual Meeting of the World Economic Forum (WEF). Titled “Reducing costs: The key to leveraging green hydrogen on the road to net […]

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The US: Ramaswamy quits, backs Trump’s presidential bid in 2024

January 16, 2024 Vinayak Barot

Virendra Pandit    New Delhi: Indian-American and unapologetic Hindu Vivek Ramaswamy, 38, on Monday quit the presidential race for 2024 and supported former President Donald Trump, 77, who is trying to return to the White House a second time. Biotech millionaire Ramaswamy, who was also vying for a Republican nomination, dropped out of the 2024 […]

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WEF: India can become a $5 trillion economy much before 2028, says Puri

January 16, 2024 Vinayak Barot

Virendra Pandit    New Delhi: Union Minister for Petroleum, Natural Gas, Housing and Urban Affairs Hardeep Singh Puri on Tuesday asserted that India can become a USD 5 trillion economy much before 2028 and said the country’s energy transition needs to be done in an orderly manner to safeguard the interests of its large population. […]

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Economy: Most Indian CEOs optimistic about growth in 2024, says PwC’s survey

January 16, 2024 Vinayak Barot

Virendra Pandit    New Delhi: Around 86 percent of Indian Chief Executive Officers (CEOs) are very optimistic about the growth of the Indian economy this year, advisory firm PricewaterhouseCoopers (PwC) said on Tuesday. They believe the Indian economy will grow faster in the next 12 months, according to the company’s 27th annual global survey, the […]

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Roving Periscope: As they ‘protect’ Pannun, America, and Canada ignore Hillary’s warning

January 16, 2024 Vinayak Barot

Virendra Pandit    New Delhi: America—and its lackey Canada—learned the geopolitical art of protecting ‘non-state’ assets—terrorists unleashable against potential or real enemies—from its all-season protégé Pakistan, ignoring what the former US Secretary of State Hillary Clinton advised Islamabad in October 2011: “You can’t keep snakes in your backyard and expect them only to bite your […]

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Dharavikars to get highest carpet area than any SRA project in Mumbai

January 16, 2024 Vinayak Barot

Mumbai : Dharavi Redevelopment Project Pvt Ltd (DRPPL), a joint venture between the Adani Group and the Government of Maharashtra, today announced that eligible residential tenements in Dharavi will get flats with independent kitchens and toilets measuring a minimum 350 square feet (sq ft), which is a whopping 17% more and the highest among slum […]

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Ayodhya: Lord Ram’s consecration ceremony to generate Rs. 1 trillion worth of business

January 15, 2024 Vinayak Barot

Virendra Pandit    New Delhi: No event in Independent India has ever generated as much enthusiasm, and expectations, as the consecration ceremony to install the Ramlalla idol in Ayodhya on January 22—which is also projected to generate unprecedented business worth Rs. one lakh crore. According to the country’s leading trade body, Confederation of All India […]

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