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India to become a $26 trillion economy by 2047: EY report

New Delhi, Jan. 18 -- The Indian economy is likely to reach the $26 trillion mark by 2047, the 100th year of the country's independence, according to an EY report. It also said that the per capita in... Read More


GE, IHI to develop ammonia-based gas turbines

New Delhi, Jan. 18 -- GE Gas Power and IHI Corporation signed a memorandum of understanding to develop ammonia combustion technologies for heavy duty gas turbines to generate electricity with reduced ... Read More


DGFT simplifies composition fee for export obligation extension under advance authorization scheme

New Delhi, Jan. 18 -- The Directorate General of Foreign Trade (DGFT), under the commerce ministry, has notified the amended rules for the calculation of the composition fee for extending the export o... Read More


Gadkari calls to prevent 50% of road accidents by 2025

New Delhi, Jan. 18 -- Union Minister for Road Transport and Highways Nitin Gadkari has said efforts by all are necessary to reduce road accidents by 50 percent before the end of 2025. Participating i... Read More


MeitY launches new tech system to monitor air quality

New Delhi, Jan. 18 -- Electronics and information technology secretary Alkesh Kumar Sharma has launched the technology for Air Quality Monitoring System (AI-AQMS v1.0), developed under MeitY-supported... Read More


EC announces assembly election schedule for Meghalaya, Nagaland, Tripura

NEW DELHI, Jan. 18 -- The Election Commission on Wednesday announced the schedule for assembly elections for Tripura, Meghalaya, and Nagaland. Tripura will vote in a single phase on 16 February, whil... Read More


PM Modi inaugurates second phase of Saansad Khel Mahakumbh 2022-23

New Delhi, Jan. 18 -- Prime Minister Narendra Modi on Wednesday virtually inaugurated the second phase of Saansad Khel Mahakumbh 2022-23 organised in Basti district of Uttar Pradesh Addressing the ga... Read More


Higher premium, better underwriting discipline will relieve profitability pressure on Indian insurers: Moody's

NEW DELHI, Jan. 18 -- Higher premium growth and better underwriting discipline in India's dominant state-owned insurance sector will ease profitability pressure on both life and general insurance sect... Read More


Around 61% HNIs, UHNIs keen on buying property in 2023-24: Report

New Delhi, Jan. 18 -- Real estate continues to remain an attractive investment option among high-net-worth individuals (HNIs) and ultra high-net-worth individuals (UHNIs) with 61% looking to invest in... Read More


Steel industry saw rise in output, consumption in Apr-Dec: Report

New Delhi, Jan. 18 -- India's steel production and consumption grew 5.7% and 11.5%, respectively, year-on year (YoY) during the first nine months of FY23 (April to December), CareEdge Research said in... Read More