New Delhi, Aug 4 (IANS) The PM Surya Ghar: Muft Bijli Yojana — the world’s largest domestic rooftop solar programme — has crossed the milestone of benefiting more than 50.06 lakh households across the country, the government said on Tuesday.According to the Ministry of New and Renewable Energy, the achievement comes just over two years after the launch of the scheme and marks a sharp acceleration compared with the 7.94 lakh rooftop solar installations recorded during the previous decade.The sc…
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Mumbai, Aug 4 (IANS) Benchmark equity indices ended lower on Tuesday, snapping their four-session winning streak, as investors turned cautious ahead of the Reserve Bank of India’s monetary policy decision due on Wednesday. Weakness in banking, financial and IT stocks weighed on market sentiment. The Sensex declined 210.08 points, or 0.27 per cent, to settle at 78,428.95.The Nifty fell 159.40 points, or 0.64 per cent, to close at 24,614.90. Commenting on Nifty technical outlook, experts said that…
New Delhi, Aug 7 (IANS) The number of unorganised workers registered on the Centre’s e-Shram portal for benefits under various social welfare and security schemes of the government has surpassed the 30.98 crore mark as on August 3, 2025, the Parliament was told on Thursday.The Ministry of Labour and Employment launched the e-Shram portal on August 26, 2021 for the creation of a comprehensive National Database of Unorganised Workers (NDUW) seeded with Aadhaar.The e-Shram portal is meant to regi…
Lucknow, Aug 7 (IANS) In one of the most candid public reflections of his career, Adani Group Chairman Gautam Adani spoke at length about the storm of global criticism and coordinated resistance his group faced over the Carmichael coal project in Australia.Addressing faculty and students at the Indian Institute of Management in Lucknow on Thursday, the Adani Group Chairman described the decade-long battle to execute the controversial project as a defining test of resilience – one that transforme…
New Delhi, Aug 7 (IANS) Indians are increasingly taking charge of their financial journeys through digital content, communities, and creators, as 81 per cent of consumers use Facebook, Instagram, or WhatsApp during the discovery phase of financial products, a report said on Thursday. “Financial advice is no longer confined to expert columns or in-branch consultations – it’s happening on Reels, in WhatsApp groups, and through Instagram creators demystifying jargon in under 60 seconds,” accord…
Seoul, Aug 7 (IANS) South Korea will work to bolster its communication with the United States on sanitary and phytosanitary procedures (SPS) for agricultural imports as part of efforts to improve trade conditions between the two countries, the agriculture minister said on Thursday.”That is why we are newly creating the U.S. desk under the Animal and Plant Quarantine Agency (APQA) … to create a contact point with Washington,” Agriculture Minister Song Mi-ryung said in a regular press briefing, …
Ahmedabad, Aug 7 (IANS) Leading brokerages like Goldman Sachs, HSBC, and Jefferies have issued ‘BUY’ rating on Adani Ports and Special Economic Zone (APSEZ), after the Adani Group’s flagship company delivered a robust performance in the first quarter this fiscal (Q1 FY26).Jefferies said that the company’s Q1 EBITDA was 14 per cent above its estimates, led by domestic ports margin improvement and a 2.0-2.9 times year-on-year revenue rise in logistics and marine.Appreciating the management’s con…
New Delhi, Aug 7 (IANS) The Centre’s Department of Food and Public Distribution has notified an amendment to the Vegetable Oil Products, Production and Availability (Regulation) Order, 2011, which was originally issued under the Essential Commodities Act, 1955, following the repeal of earlier regulations by the Food Safety and Standards Act, 2006.The amendment enhances transparency, facilitates better market intelligence, and supports evidence-based policymaking. This will enable closer monito…
New Delhi, Aug 7 (IANS) Demand for office spaces in India’s top six cities reached a record high as vacancy levels dropped to 13.9 per cent as of March 2025, a report said on Thursday.The demand is driven by the leasing needs of Global Capability Centres (GCCs), banking, financial services and insurance (BFSI) institutions, flex-space operators, and domestic Information Technology Business Process Outsourcing (IT-BPO) firms.Bengaluru, Chennai, Delhi-NCR, Hyderabad, Mumbai Metropolitan Region (MM…
Chennai, Aug 7 (IANS) Tirupur’s garment exporters have expressed deep concern over the US’ recent decision to impose an additional 25 per cent tariff on Indian goods, effectively increasing the total export duty to 50 per cent. Industry leaders fear that this move could severely dent the export potential of India’s knitwear hub, with projected losses estimated at around Rs 12,000 crore. K.M. Subramanian, President of the Tirupur Exporters’ Association (TEA), said the sharp increase in duties wil…
Mumbai, Aug 7 (IANS) The Indian stock market settled slightly up on Thursday after witnessing a highly volatile session, sidelining the US President Donald Trump’s fresh tariff jitters.However, stocks from textiles, jewellery and auto ancillaries sectors, which have export exposures to the US, remained under pressure, but a rebound in banking, FMCG and IT stocks turned the market positive in the late session.Sensex settled at 80,623.26, up 79.27 points or 0.10 per cent. The 30-share index starte…
Mumbai, Aug 7 (IANS) Murugappa Group’s engineering company Carborundum Universal Limited on Thursday reported a sharp 47.4 per cent decline in net profit for the April–June quarter (Q1 FY26), falling to Rs 60.39 crore compared to Rs 114.84 crore in the same quarter previous year (Q1 FY25).The disappointing results led to a 3.51 per cent drop in the company’s stock on Thursday, with shares closed at Rs 854. Carborundum Universal shares are now down over 13 per cent over the past month.Despite…
