HCLTechs shares rose nearly 6% after the company disclosed a substantial agreement valued at $1.1 billion with a major European company listed among the Fortune Global 50, speculated to be Mercedes-Benz. The contract, which is expected to last five years
As of the end of June 2023, Indias crude oil inventory reached approximately 104 million barrels, according to estimates from Kpler, a global data and analytics firm. This figure reflects a notable increase from 90.5 million barrels recorded at the
Indias services sector encountered a notable deceleration in June, recording its lowest growth in 17 months, largely attributed to declining domestic demand and reduced hiring activity. According to the latest data from the Purchasing Managers Index (PMI), overall business activity
Delhis newly announced Electric Vehicle (EV) Policy for 2026 seeks to promote sustainable transportation by phasing out petrol and compressed natural gas (CNG) two-wheelers by April 2028, while also mandating the transition to electric three-wheelers starting in 2027. This strategic
Recent discussions regarding a new proposal have intensified, following a series of meetings over the past two weeks. Participants in these discussions include senior government ministers, officials from the Reserve Bank of India (RBI), various banking representatives, and members of
In 2022, trade between the European Union and the United States reached an all-time high of €875 billion, despite the ongoing imposition of tariffs. This landmark figure underscores the resilience of transatlantic trade relations; however, a recent study highlights underlying
India is targeting an ambitious goal of achieving $1 trillion in exports during the current fiscal year, a vision that has garnered strong support from both industry leaders and government officials. Union Minister for Commerce and Industry, Piyush Goyal, underscored
The Chief Minister has announced that Kuppam is undergoing significant development aimed at positioning the region as a central hub for industry, agriculture, and services. This initiative is supported by enhancements in transportation infrastructure, including upgraded rail, road, and air
Bangalore Electricity Supply Company Limited (Bescom) has announced that electricity bills for the month of July will be exclusively distributed to consumers via SMS and email. This decision is part of the companys ongoing efforts to enhance service delivery and
A recent government document highlights the ongoing development of Amaravati as a world-class capital city. Currently, the project includes nearly 100 infrastructure initiatives that are already in various stages of implementation, with a total investment exceeding ₹56,000 crore (approximately $6.9
