Business

NTPC: Power giant seeks shareholder’s nod to raise up to Rs 18,000 crore via bonds; voting begins 24 June

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NTPC, the state-owned power giant, plans to raise up to ₹18,000 crore through private placement of bonds or non-convertible debentures (NCDs) in the domestic market. ...

Delhi-Meerut RRTS: Namo Bharat trains complete trial run in less than an hour at 160 kmph speed; full 82-km corridor to open soon

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Namo Bharat trains successfully completed trial runs on the entire 82-km Delhi-Meerut RRTS corridor, achieving speeds of 160 kmph and completing the journey in under ...

DGCA starts inspection of Air India’s main hub for aircraft airworthiness; surveillance planned before crash, say officials

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The Directorate General of Civil Aviation will assess Air India’s Gurugram facility. This evaluation will check aircraft documents and crew records. It is a standard ...

Hang seng slides as US-Iran conflict weighs on Asian markets; brent crude spikes 5%, OPEC warns of supply risk

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Following US airstrikes on Iranian nuclear facilities, Brent Crude prices initially surged by 5% before paring gains. Concerns over potential supply disruptions, particularly the Strait ...

India’s coffee export growth: Shipments up 125% to $1.8 billion in 11 years; Europe remains top buyer

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India’s coffee exports have witnessed a remarkable surge, climbing by 125% in the last 11 years and reaching $1.8 billion in 2023-24. This growth is ...

Healthcare push: Amazon India launches at-home diagnostics in 6 cities, adds to pharmacy and clinic services

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Amazon India has introduced at-home diagnostics services in six major cities, expanding its healthcare offerings under Amazon Medical. In collaboration with Orange Health Labs, Amazon ...

Rare earth supply crunch: Over 21,000 jobs in India’s audio electronics sector at risk due to China curbs, says Elcina report

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China’s restrictions on rare earth metal exports threaten over 21,000 Indian audio electronics jobs. Elcina reports disruptions to supply chains, impacting hearables and wearables. Manufacturers ...

Agrochem market may hit $14.5 bn by FY28; herbicide exports jump; sector set for 9% CAGR: Report

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Despite a 22% dip in FY24 exports due to global headwinds, India’s agrochemicals industry is projected to reach USD 14.5 billion by 2027-28, growing at ...

Cybersecurity boost: Banks, RBI move to launch Digital Fraud Detection Platform

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To combat the surge in digital payment frauds, major Indian banks are collaborating with the RBI to develop a Digital Payment Intelligence Platform (DPIP). This ...

India’s power push: Nearly half of India’s power capacity now non-fossil fuel-based

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India’s power capacity hits 476 GW, with 49% from non-fossil fuels, mainly renewables at 226.9 GW, according to a government report. Solar energy has surged, ...