Affle India’s profit after tax rises over 21% to Rs 66.2 cr in April-June

Global technology company Affle (India) Limited on Saturday reported a 21.4 per cent rise in its profit after tax at Rs 66.4 crore in the April-June quarter of this fiscal. The company promoted by Singapore-based Affle Holdings had registered a profit after tax (PAT) of Rs 54.5 crore in the first quarter of… Continue reading Affle India’s profit after tax rises over 21% to Rs 66.2 cr in April-June

India’s measures targeting Chinese products and investment

NEW DELHI (Reuters) – India said on Friday it would defer the imposition of a licensing requirement for imports of laptops, tablets and personal computers by three months – partially reversing the surprise decision it announced a day earlier. While India has not said the new requirement is aimed at China, more than… Continue reading India’s measures targeting Chinese products and investment

India’s penatly corner issue persists, forced to draw vs Japan

India looked like a pale shadow of their best self, failing to get past a Japanese team they had beaten 8-0 not long ago in the Men’s Hockey World Cup in Rourkela. They were forced to a 1-1 draw in their second match of the Men’s Asian Champions Trophy (ACT) 2023, having beaten China… Continue reading India’s penatly corner issue persists, forced to draw vs Japan

India’s success case study in using technology to transform lives: MoS IT

Minister of State for Information and Technology Rajeev Chandrasekhar on Thursday said India’s success is a case study in using technology to transform citizens’ lives and underscored that digital India framework boosted the confidence of a whole new generation of young Indians, a press release said. Addressing World Bank Digital Economy Conclave 2023… Continue reading India’s success case study in using technology to transform lives: MoS IT

India’s growth trajectory secure: FinMin’s monthly economic review

Improved monsoon, solid fiscal performance, and capex push by the public and private sectors augurs well for India’s macroeconomic stability and growth, the finance ministry’s monthly economic review for June 2023 said. But the report said that while India’s domestic fundamentals remain strong, negative cross-border spillovers and adverse global developments could act as… Continue reading India’s growth trajectory secure: FinMin’s monthly economic review

India’s improved monsoon performance, capex augur well: FinMin report

India’s improved monsoon performance, continued expansion in manufacturing, and vigorous capital expenditure spending by the public and private sectors augur well for macroeconomic stability and growth during FY24, the finance ministry said in a report. However, it cautioned that cross-border spillovers and adverse global developments can act anytime as a deterrent to achieving… Continue reading India’s improved monsoon performance, capex augur well: FinMin report

Postal dept helping small businesses contribute to India’s exports

Dakghar Niryat Kendras (DNKs) are helping small businesses in exporting even the smallest items from any part of the country, a senior postal official said here on Thursday. Speaking at a session organised by the Merchants’ Chamber of Commerce, Post Master General of West Bengal circle Anil Kumar said the scheme is helping… Continue reading Postal dept helping small businesses contribute to India’s exports

All eyes on India’s young guns in Trinidad

After leading India to a 2-1 ODI series win, Hardik Pandya will lead the Men In Blue in the first of the five-match series against West Indies at Brian Lara Stadium, Tarouba, Trinidad today. India will be without their senior players, and it will be a good opportunity for the youngsters to express themselves… Continue reading All eyes on India’s young guns in Trinidad

India’s construction sector likely to see 100 mn jobs by 2030: Knight Frank

The total number of jobs in India’s construction sector is expected to reach 100 million by 2030 from 70.6 million currently, according to a report released on Thursday. According to the “Skilled Employment in Construction Sector” report released by property consultancy Knight Frank and the Royal Institution of Chartered Surveyors (RICS) India, the… Continue reading India’s construction sector likely to see 100 mn jobs by 2030: Knight Frank

Air India’s accumulated losses at FY23-end estimated at Rs 14,000 crore

The Tata group gained ownership of Air India in January 2022 (File) Air India’s total accumulated losses at the end of the financial year 2022-23 (FY23) have been estimated at Rs 14,000 crore, According to a report by The Economic Times (ET). Sources were quoted as saying that Tata Sons invested about Rs 13,000 crore… Continue reading Air India’s accumulated losses at FY23-end estimated at Rs 14,000 crore