Bengaluru, Dec 11 (UNI) Hitachi Construction Machinery on Thursday said global headwinds such as renewed Trump-era tariffs in the United States and the depreciation of the Indian rupee are reinforcing the company’s confidence in India, which is emerging as a strong and stable pillar in its long-term international strategy. Hitachi Construction Machinery, Japan President and…
New Delhi, Dec 11 (UNI) The Indian equity indices snapped three-day losing streak with Nifty closing at 25,900 amid positive global cues. This was led by US Federal Reserve’s 25-basis-point interest rate cut. At close, the Sensex was up 426.86 points or 0.51 per cent at 84,818.13, and the Nifty was up 140.55 points or…
New Delhi, Dec 11 (UNI) India’s march towards a trillion-dollar digital economy is gathering speed, but a new national assessment shows that there is glaring gap among Indian states in digital readiness. The ‘Technology Readiness Index 2025’ released by Koan Advisory Group and PHD Chamber of Commerce and Industry (PHDCCI) here reveals a sharp divide…
Mumbai, Dec 11 (UNI) The Enforcement Directorate (ED) has officially announced that it has seized Rs 54.82 crore by freezing 13 bank accounts belonging to Anil Ambani-linked Reliance Infrastructure Ltd (R-Infra), as part of a Foreign Exchange Management Act (FEMA) investigation linked to alleged hawala transactions. According to the ED, the action was taken for…
New Delhi, Dec 11 (UNI) Mexico has approved a steep tariff hike of up to 50 per cent on imports from India, delivering a blow to Indian exporters, especially auto manufacturers who depend heavily on the Mexican market. The new duties will come into effect on January 1, 2026, covering hundreds of products from countries…
New Delhi, Dec 11 (UNI) Indian economy is projected to register a growth rate of 6.4 per cent in 2026, supported by continued public spending, private investments and a weakening dollar, said a UN Trade and Development (UNCTAD) in a report released on Thursday. UNCTAD is a UN body focused on integrating developing countries into…
New Delhi, Dec 11 (UNI) Hit by adverse publicity following a week of cancelled and delayed flights, IndiGo airlines has come out with an offer of “travel vouchers” to win back its customer base. The airline company on Thursday announced that it will issue travel voucher of Rs 10,000 to all passengers who booked their…
New Delhi, Dec 11 (UNI) Indigo CEO Peter Elbers will appear before a probe committee on Friday, with regard to the investigation into the airline’s mass flight cancellations last week. Notably, the government has constituted a four-member committee, led by Directorate General of Civil Aviation’s (DGCA) Joint Director General SK Bramhane, to probe Indigo’s flight…
New Delhi, Dec 10 (UNI) Microsoft signed a deal with the Ministry of Labour and Employment on Wednesday in the presence of Satya Nadella, Microsoft’s chief executive and Minister for Labour and Employment Mansukh Mandaviya, committing the US-based giant to bring more than 15,000 employers and partner organizations from its global network onto the ministry’s…
Mumbai, Dec 10 (UNI) The Federation of Retailers Association of India (FRAI) has appealed to the Government of India for stronger measures to support small retailers, warning that thousands of local grocery and kirana shop owners are facing an existential crisis due to the rapid rise of e-commerce and quick-commerce platforms. “The rapid rise of…
