Since 2019, Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL) have collectively generated ₹12,984.86 crore by monetising non-core assets, including land, buildings, telecom towers, and fibre infrastructure. This initiative follows government-approved policies aimed at optimising asset utilisation while ensuring minimal disruption to operations. Telecom Firms’ Asset Monetisation Details As per data shared …
India is set to take a monumental step in securing its mineral future with the launch of its first-ever auction for exploration licenses of critical minerals. The Ministry of Mines has announced that the auction will commence on Thursday, marking a significant milestone in the country’s efforts to reduce its dependence on imports and boost …
The BSE Sensex ended at 73,828.91, down 200.85 points (-0.27%), while the NSE Nifty 50 settled at 22,397.20, declining 73.30 points (-0.33%). India’s benchmark indices, Sensex and Nifty, managed to limit larger losses on Thursday, tracking global markets, as investors found relief in lower-than-expected inflation data from both the US and India. Sectoral Performance Nifty …
The Indian stock market closed in the red for the week ending March 13, 2025, but the decline in both indices remained under 1%. Roundup of Major News This Week India’s retail inflation eased to 3.61% in February, down from 4.31% in January, according to government data released on Wednesday. The decline was mainly due …
During Feb 2025, India’s consumer inflation dropped significantly to 3.61%, falling below the Reserve Bank of India’s (RBI) 4% target for the first time in 6 months, sparking expectations of another rate cut as soon as April. This fall in inflation, from January’s 4.26%, was driven by a rare decline in vegetable prices and a …
Infosys Co-Founder N R Narayana Murthy has emphasised that job creation by innovative entrepreneurs, rather than government freebies, is the key to eliminating poverty. Speaking at the TiEcon Mumbai 2025 event, he urged entrepreneurs to focus on building businesses that generate employment, asserting that poverty will disappear if innovative enterprises are created. The Role of …
New Delhi, Mar 12 (PTI) A parliamentary committee has suggested that the government’s crop insurance scheme PMFBY should cover damages caused to crops by stray animals, besides pitching for financial assistance of Rs 100 per quintal to paddy farmers to curb burning of crop residues. It also recommended free compulsory crop insurance to small farmers …
India and Mauritius signed 8 Memorandums of Understanding (MoUs) on March 11, 2025 covering areas such as banking, trade, security, and governance. The agreements were signed during Prime Minister Narendra Modi’s two-day visit to the island nation, where he met his Mauritian counterpart, Navin Chandra Ramgoolam. Important Agreements Signed The signed MoUs focus on financial …
New Delhi, Mar 12 (PTI) Sugar industry body ISMA has revised net production estimates of the sweetener downwards to 264 lakh tonnes in the current marketing year ending September. In a statement on Wednesday, the Indian Sugar and Bio-Energy Manufacturers Association (ISMA) said it has revised “net sugar production estimates to 264 lakh tons after …
Blackstone Inc., the world’s largest data centre provider, is making a significant move in India by investing $11 billion in data centre infrastructure. This investment aligns with the rapidly growing demand for artificial intelligence (AI) and cloud computing services in the country. With AI-driven technologies requiring massive computing power, data centres have become a critical …
