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PM Surya Sarovar Yojana: Cabinet approves Rs 5,070 crore scheme for floating solar projects
FSPV projects will include a minimum of 2-hour Energy Storage Systems (ESS). Looking to post solar energy generation capacity, Prime Minister Narendra Modi-led cabinet on Friday approved the Pradhan Mantri Surya Sarovar Yojana (PM-SSY) scheme. The scheme targets establishing 5,000 MW of Floating Solar PV (FSPV) capacity in the country.This is a more than seven-fold…
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US stock market today: Nasdaq rises as Amazon rallies strongly
Market participants had viewed this week as a crucial test for the technology sector. US stock market today: Nasdaq outperformed the other major Wall Street indexes on Friday as a 13.7% rally in Amazon shares lifted technology stocks. Amazon joined other Big Tech firms in reporting robust cloud business growth, easing investor concerns over returns…
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ITR deadline on July 31, 2026: Top things NRIs should keep in mind when filing tax return
NRIs should first confirm their tax residential status for the relevant financial year and accordingly report their taxable income. ITR filing FY 2025-26: July 31, 2026 is the deadline to file income tax returns for salaried taxpayers and pensioners. Non Resident Indians (NRIs) are also required to offer their Indian income to tax in their…
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India to get plastic notes soon: Why the move is important – explained
There are several benefits associated with the use of plastic or polymer notes. (Image for representative purpose) In the coming months you may be holding a currency note made of plastic instead of paper! India has taken the first step towards introduction of plastic or polymer notes. The move revives a project that was first…
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‘Samudra Manthan’: Cabinet approves Rs 84,084 cr scheme for oil & gas exploration – top things to know
Samudra Manthan is projected to help add more than 600 million metric tons of oil Equivalent (MMTOE) to India’s reserves. Samudra Manthan scheme: Amid the ongoing Middle East crisis, India has announced a Rs 84,084 crore scheme for oil and gas exploration. PM Narendra Modi-led Union Cabinet approved the ‘Samudra Manthan’ National Offshore Exploration Scheme…
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Stock Market Live Updates: Markets end slightly higher; Sensex gains 166 points, Nifty closes above 24,380
Markets open higher; Nifty tops 24,360, Sensex nears 78,000 Indian benchmark indices opened higher, tracking positive global cues and continued foreign investor buying. The Nifty 50 rose 44.30 points (0.18%) to 24,361.50, while the Sensex gained 70.51 points to 77,998.70. Broader markets also remained firm, with the Nifty Midcap 100 advancing 175.25 points (0.28%) to…
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Flipkart: Flipkart, Amazon mount fee war as race heats up
MUMBAI: As online shopping increasingly becomes the norm in smaller cities and towns, Amazon and Flipkart are mounting a fee war-they are doing away with commissions or fees charged to sellers for transacting on the platforms. The companies have done it twice since last year for a wide range of products across categories priced within…
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Nse Settlement Cases: NSE settles pending Sebi cases for nearly Rs 1,500 crore
Sebi (representative image) MUMBAI: National Stock Exchange (NSE) on Thursday said that markets regulator Sebi has accepted in-principle revised terms of settlement for certain past regulatory lapses, against a payment of Rs 1,491 crore. The settlement issue which was under process for several years, now paves a smooth sailing of NSE’s IPO for which the…
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Gold futures drop to Rs 1,44,022 per 10g on weak spot demand
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After made-in-India bullet train, new high-speed corridors to get indigenous signalling system
India will develop its own control protocols for high-speed rail. India is aiming to achieve new milestones in manufacturing with its first bullet train project. After deciding to manufacture the high-speed train indigenously for the Mumbai-Ahmedabad bullet train corridor, Indian Railways is now looking at in-house advanced signalling system for other upcoming corridors.Indian Railways is…