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India's EV market to reach Rs 20 lakh crore by 2030: Gadkari

India, Aug. 28 -- India's electric vehicle (EV) market is expected to grow to Rs 20 lakh crore by 2030, with the potential to create five crore jobs, Union Minister Nitin Gadkari said on Wednesday. A... Read More


Sensex tanks 539 points, Nifty drops below 24,100 dragged by HDFC Bank

India, Aug. 28 -- Stock markets declined for the second consecutive day on Thursday, with the benchmark Sensex dropping by 539 points due to last-minute selling in blue-chip shares such as HDFC Bank a... Read More


Gold extends slide, falls Rs 800 ahead of Rakshabandhan

India, Aug. 28 -- Gold prices fell for the second straight session, declining by Rs 800 to Rs 1,65,700 per 10 grams in the national capital on Thursday, even as local markets geared up for Rakshabandh... Read More


Rupee falls 11 paise to close at 95.55 against US dollar

India, Aug. 28 -- The rupee pared initial gains and settled for the day lower by 11 paise at 95.55 (provisional) against the US dollar on Thursday, on a strong American currency and weak domestic mark... Read More


NTPC aims 244 GW operational capacity, Rs 16.86 lakh crore capex by 2037: Chairman

India, Aug. 28 -- NTPC expects to build 244 gigawatts of operating capacity and envisage capital expenditure of Rs 16.86 lakh crore by 2037 as it looks to boost the entire energy value chain, the comp... Read More


BPCL says no decision to replace E20 with E10

India, Aug. 28 -- Bharat Petroleum Corp Ltd (BPCL), India's second-largest fuel retailer, on Thursday said there is no decision to replace E20 petrol with E10, clarifying that the current debate is ov... Read More


NABARD, NaBFID sign MoU for funding rural infra projects

India, Aug. 28 -- The National Bank for Agriculture and Rural Development and the National Bank for Financing Infrastructure and Development have signed an initial pact to strengthen collaboration in ... Read More


GAIL plans major expansion in gas, petrochemicals and clean energy, says chairman

India, Aug. 28 -- State-run gas utility GAIL (India) Ltd plans to expand its natural gas pipeline network, diversify LNG sourcing and shipping, scale up petrochemicals and LPG infrastructure, and inve... Read More


SEBI mulls scrapping merchant banker rule for small-ticket debt

India, Aug. 28 -- Market regulator SEBI on Thursday proposed granting an exemption from the mandatory appointment of a merchant banker for small-value debt issued through a private placement basis by ... Read More


Tata Power commissions solar project in Rajasthan

India, Aug. 28 -- Tata Power Renewable Energy on Thursday announced the commissioning of a 72.5-megawatt solar project at Bikaner in Rajasthan. The energy will be supplied to Tata Steel through TP Va... Read More