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Foxconn Industrial Internet denies signing deal with Tamil Nadu: Report
Business

Foxconn Industrial Internet denies signing deal with Tamil Nadu: Report

Posted on: August 1, 2023

[ad_1] A subsidiary of tech giant Foxconn said that it had not signed any agreement to invest 16 billion rupees ($194.6 million) in Tamil Nadu, China’s Securities […]

Govt hikes windfall tax on petroleum crude to Rs 4,250 per tonne from Aug 1
Business

Govt hikes windfall tax on petroleum crude to Rs 4,250 per tonne from Aug 1

Posted on: August 1, 2023

[ad_1] (Reuters) -The Indian government has hiked windfall tax on petroleum crude to 4,250 Indian rupees ($51.68) per tonne from 1,600 Indian rupees with effect from Aug. […]

Powergrid Q1 profit falls 5% to Rs 3,597 cr on subdued transmission demand
Business

Powergrid Q1 profit falls 5% to Rs 3,597 cr on subdued transmission demand

Posted on: July 31, 2023

[ad_1] Power Grid Corporation of India Ltd (Powergrid) on Monday posted over a 5 per cent decline in consolidated net profit to Rs 3,597.16 crore due to […]

India’s core sector output expands to 5-month high at 8.2% in June
Business

India’s core sector output expands to 5-month high at 8.2% in June

Posted on: July 31, 2023

[ad_1] Output of eight key infrastructure sectors — known as the core sector — expanded to a five-month high of 8.2 per cent in June. This is […]

India’s fiscal deficit for Q1 reaches 25.3% of annual target: Govt data
Business

India’s fiscal deficit for Q1 reaches 25.3% of annual target: Govt data

Posted on: July 31, 2023

[ad_1] The central government’s fiscal deficit increased to 25.3 per cent or Rs 4.5 lakh crore for the first quarter of the current financial year 2023-24, according […]

India likely to see below-normal monsoon rains in August, says IMD
Business

India likely to see below-normal monsoon rains in August, says IMD

Posted on: July 31, 2023

[ad_1] India is expected to receive ‘normal’ rainfall in the August-September period following excess precipitation in July. However, monsoon rains in August are projected to be ‘below […]

India’s core sector output rises to five-month high of 8.2% in June: Govt
Business

India’s core sector output rises to five-month high of 8.2% in June: Govt

Posted on: July 31, 2023

[ad_1] The combined Index of Eight Core Industries (ICI) increased by 8.2 per cent in June 2023 as compared to the index of June 2022. The production […]

Adani Group in talks to raise $1.8 bn from India bond sales: Report
Business

Adani Group in talks to raise $1.8 bn from India bond sales: Report

Posted on: July 31, 2023

[ad_1] By P R Sanjai and Saikat Das Billionaire Gautam Adani’s conglomerate plans to tap India’s bond market to raise up to 150 billion rupees ($1.8 billion) […]

India likely to experience normal rainfall in August and September: IMD
Business

India likely to experience normal rainfall in August and September: IMD

Posted on: July 31, 2023

[ad_1] The India Meteorological Department (IMD) forecasts that the second half of the monsoon season (August and September) is most likely to witness normal rainfall. This prediction […]

IMD predicts normal monsoon in months of Aug-Sept
Business

IMD predicts normal monsoon in months of Aug-Sept

Posted on: July 31, 2023

[ad_1] India is most likely to see normal rainfall during the second half of the monsoon season (August and September) following excess precipitation in July, the India […]

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