NEW DELHI: People with job cards assigned under Mahatma Gandhi National Rural Guarantee Scheme will be able to get work without disruption when transition takes place to new rural employment framework under Viksit Bharat-Guarantee for Rozgar and Aajeevika Mission (Gramin) Act.Even though exact timeframe is not known yet, rural development ministry officials said the VB-G…
NEW DELHI: India and the European Union are “very close” to finalising a trade deal with negotiators from the two sides working hard to bridge the gaps before the leaders from the two sides meet here around Republic Day, commerce secretary Rajesh Agrawal said Thursday.“We have closed 20 out of 24 chapters completely. There are…
Coca-Cola has roped in investment bankers including Kotak, HDFC Group and Citibank for a proposed initial public offering of its Indian bottling arm, Hindustan Coca-Cola Beverages (HCCB), with the issue size pegged at about $1 billion (around Rs 9,027 crore), people aware with the matter told ET.The world’s largest beverage maker is targeting a summer…
India’s Global Capability Centre (GCC) ecosystem is entering a decisive phase. Long seen as cost-efficient offshore back offices, GCCs are now becoming central to how global corporations build products, deploy technology and make strategic decisions. With evolving hiring patterns, and traditional IT services firms feeling the heat, the GCC story has moved well beyond topline…
The address of the finance ministry may have changed, but when it comes to guarding the country’s most closely held financial secret, tradition still holds firm on Raisina Hill.Even after the ministry’s move to the new Central Secretariat offices at Kartavya Bhawan last year, the printing of the Union Budget — among the most confidential…
India’s merchandise exports to the US slipped 1.83% year-on-year to $6.88 billion in December 2025, weighed down by higher tariffs imposed by Washington, according to Commerce Ministry data released on Thursday, PTI reported.Exports to the US had stood at $7.01 billion in December 2024. The latest contraction follows declines in September and October last year,…
The country’s smartphone exports rose 43.7 per cent to USD 18.8 billion during the April-November period this fiscal year, according to the commerce ministry data released on Thursday. It was USD 13.08 billion in April-November 2024-25 and USD 9.07 billion during April-November 2023-24. The data showed that the US was the major destination for the…
India’s merchandise exports to China surged 67.35% year-on-year to $2.04 billion in December, driven by higher shipments of electronics, marine and agricultural products, according to Commerce Ministry data released on Thursday.The sharp rise was led by exports of oil meals, marine products, telecom instruments and spices. In the electronics segment, key items registering strong growth…
Gold prices climbed to a fresh lifetime high in the domestic market on Thursday amid sustained buying by jewellers and stockists, according to the All India Sarafa Association.Gold advanced by Rs 800 to hit a new peak of Rs 1,47,300 per 10 grams (inclusive of all taxes), extending gains for the fifth consecutive session. The…
NEW DELHI: India has an investment potential of over ₹40 lakh crore in the power sector, Union minister Manohar Lal Khattar said on Thursday at a curtain-raiser for a global conference on the power sector.“We estimate an investment potential of over $345.97 billion in electricity generation and $68.22 billion in transmission and distribution. The energy…
