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Economy - Angel One

India’s Services Sector Grows Faster in February Amid Rising Demand

India’s Services Sector Grows Faster in February Amid Rising Demand

5 March 2025

New Delhi [India], March 5 (ANI): The HSBC India Services PMI rose to 59.0 in February, up from January’s 26-month low of 56.5, indicating a sharp expansion in business activity. India’s services sector expanded at a stronger pace in February, driven by rising domestic and international demand, leading to increased new orders, higher employment, and …

Govt Seeks USD 2.81 Bn from Reliance, BP for Producing Gas that Came from ONGC Block

Govt Seeks USD 2.81 Bn from Reliance, BP for Producing Gas that Came from ONGC Block

5 March 2025

New Delhi, Mar 4 (PTI) The government has slapped a USD 2.81 billion (about Rs 24,500 crore) demand notice on Reliance Industries Ltd and its partners, including BP Plc for gains made from producing and selling natural gas that may have migrated from neighbouring block of state-owned ONGC. This follows the Delhi High Court’s decision …

Private Sector Participation, Public Engagement Key to India’s Nuclear Energy Goals: Minister

Private Sector Participation, Public Engagement Key to India’s Nuclear Energy Goals: Minister

5 March 2025

New Delhi, March 4 (IANS) Achieving 100 GW of nuclear power by 2047 will require a focused and determined approach, adding around 4 GW annually from now onwards, Union Minister of State (Independent Charge) for Science and Technology, Dr Jitendra Singh, said on Tuesday. Emphasising that nuclear energy is critical for India’s Net Zero goal …

Foxconn Expands into India with Ennoconn’s Industrial IoT Focus

Foxconn Expands into India with Ennoconn’s Industrial IoT Focus

5 March 2025

Foxconn has launched its operations in India through its subsidiary, Ennoconn Corp, a Taiwan-based manufacturer specializing in Industrial IoT and hardware, with a focus on the country’s industrial automation and digital transformation sector. According to news reports, “Ennoconn has already established a company in Tamil Nadu and plans to introduce its products to the Indian …

OPEC+ to Move Forward with April Oil Output Increase Amid U.S. Pressure

OPEC+ to Move Forward with April Oil Output Increase Amid U.S. Pressure

5 March 2025

OPEC+ recently announced that it will move forward with its scheduled oil production increase in April, a decision that comes after U.S. President Donald Trump once again urged OPEC and Saudi Arabia to lower oil prices. This will be the first production hike since 2022 for OPEC+, which comprises the Organisation of the Petroleum Exporting …

Trump Imposed Reciprocal Tariffs on India: Check What India Exports to US

Trump Imposed Reciprocal Tariffs on India: Check What India Exports to US

5 March 2025

In his first speech to a joint session of the US Congress, President Donald Trump aimed India’s import duties, accusing the country of imposing tariffs that are detrimental to US businesses. Specifically, Trump pointed out that India levies automobile tariffs exceeding 100%. His remarks were part of a broader criticism of trade imbalances and unfair …

Check How US Tariffs Impact Bharat Forge?

Check How US Tariffs Impact Bharat Forge?

5 March 2025

The tariff conflict that has intensified over the past few days has drawn attention to all sectors and the potential consequences such actions could have on them. According to a report from FTR Transport Intelligence, Class 8 trucks in North America may face a considerable increase in costs if the tariffs remain in place. The …

93% Women Entrepreneurs Show Strong Financial Discipline, 81% Operate Independently

93% Women Entrepreneurs Show Strong Financial Discipline, 81% Operate Independently

5 March 2025

Mumbai, March 5 (IANS) About 93 per cent of women entrepreneurs exhibit a strong financial discipline, actively managing their finances, keeping meticulous records, and ensuring timely payments, a new report said on Wednesday. Women entrepreneurs believe that financial awareness and smart decision-making are vital to the success of their businesses. According to the report by …

Coal Production From Captive, Commercial Mines Rises 32.5% to 167.4 Million Tonnes

Coal Production From Captive, Commercial Mines Rises 32.5% to 167.4 Million Tonnes

5 March 2025

New Delhi, March 5 (IANS) The total coal production from captive and commercial mines in the country for the financial year 2024-25 has jumped by 32.53 per cent to 167.36 million tonnes (MT) as of February 2025 from 126.28 MT during the same period of the previous financial year, according to official data released on …

One Nation One Student ID: How to Get an APAAR ID Card?

One Nation One Student ID: How to Get an APAAR ID Card?

4 March 2025

The Ministry of Education has introduced the APAAR ID card, a digital identification card for students enrolled in both private and government institutions or universities across India. This card provides students with access to their academic records, degrees, and other relevant information online. The APAAR ID card serves as a permanent ID number that tracks …

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