File photo (Picture credit: ANI) Union minister Ashwini Vaishnaw announced on Wednesday that the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved two key railway multitracking projects worth around Rs 2,781 crore. The decision will add nearly 224 kilometres to the existing Indian Railways network across four districts in Maharashtra…
Mumbai is set for one of its biggest transport upgrades yet, with the Maharashtra government approving the detailed project report and implementation plan for Phase I of the Uttan–Virar Sea Link — a development that will anchor a larger 120-km high-speed coastal corridor. The Mumbai Metropolitan Region Development Authority (MMRDA) said on X that the…
A Rs 4.23 lakh crore surge in investor wealth in a single session pushed the Sensex and Nifty to within touching distance of their record highs on Wednesday. The Nifty 50 climbed past the 26,150 mark with gains of over 300 points, while the Sensex jumped more than 950 points to an intraday high of…
Gold and silver prices rose in the futures trade on Wednesday, tracking firm global cues, as weak US economic data strengthened expectations of an interest rate cut by the Federal Reserve next month.On the Multi Commodity Exchange (MCX), gold futures for December delivery jumped by Rs 475, or 0.38 per cent, to Rs 1,25,700 per…
BENGALURU: In a move that signals a shift in how global capital is approaching India’s AI boom, Google has teamed up with Accel via its AI Futures Fund to back Indian and Indian-origin founders with up to $2 million at day zero phase, giving these early AI builders access to capital, compute and frontier models…
File photo: Union commerce and industry minister Piyush Goyal (Picture credit: ANI) India will begin official negotiations for a Free Trade Agreement with the Russia-led Eurasian Economic Union on Wednesday, commerce and industry minister Piyush Goyal announced in New Delhi. He said the talks with the five-nation grouping — Russia, Armenia, Belarus, Kazakhstan and Kyrgyzstan…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, rallied strongly in trade on Wednesday. While Nifty50 was near 26,100, BSE Sensex was up 650 points. At 10:45 AM, Nifty50 was trading at 26,098.60, up 214 points or 0.83%. BSE Sensex was at 85,237.65, up 651 points…
MUMBAI: Indian Continent Investment, a promoter group entity of telecom services major Bharti Airtel, is eying to mobilise about Rs 7,200 crore (about $806 million) by selling about 3.4 crore shares, translating to nearly 0.6% of the company’s equity) through block trades on Wednesday. Goldman Sachs India is managing the offer, the term sheet for…
Jefferies initiated its coverage of LG Electronics India with a buy rating and a target price of Rs 1,900. Analysts said they view LG Electronics India as a strong play on the country’s discretionary spends, given its diversified mix. The company offers strong moats in the form of market leadership in multiple products, premium brand…
NEW DELHI: India and Israel will soon begin negotiations for a free trade agreement (FTA), commerce and industry minister Piyush Goyal said on Tuesday and asserted that quick estimates show that merchandise exports have grown in November. “We will shortly be commencing negotiations virtually to begin with and moving into an early stage early harvest…
