India surpasses France to become world’s sixth-largest economy, shows World Bank data

India surpasses France to become world’s sixth-largest economy, shows World Bank data

India has surpassed France to become world’s sixth-largest economy in terms of gross domestic product (GDP), according to figures released by World Bank. India’s GDP reached $2.597 trillion in 2017, while it was at US $2.582 trillion for France, the World Bank said. The United States, China, Japan, Germany and the United Kingdom occupy top […]

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Samsung opens world’s largest mobile phone factory in India

Samsung opens world’s largest mobile phone factory in India

Samsung Electronics opened the world’s largest mobile phone manufacturing plant by production capacity in India yesterday, taking the fight to its rivals in the burgeoning smartphone market in the country. The new plant – located in the industrial city of Noida – will help Samsung gradually double its current annual production capacity in India from […]

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IRCTC refund rules 2018

IRCTC refund rules 2018

IRCTC refund rules 2018: 10 scenarios under which Indian Railways will reject your claim The first and most important thing to note is that there are prescribed time limits under which the TDR (Ticket Deposit Receipt) has to be filed to claim a refund. IRCTC refund rules 2018: Did your waitlisted Indian Railways ticket not […]

Heavy rainfall expected in Mumbai this weekend

Heavy rainfall expected in Mumbai this weekend

Heavy rains lashed many parts of Mumbai since Thursday morning. Parts of Mulund, Ghatkopar, Kurla, Dadar and Parel received a significant downpour. The rains caused waterlogging at many parts of the city and especially in low lying areas. Parts of Khar, Sion and Worli witnessed significant accumulation of rainwater.   The weather bureau has issued […]

Schneider, Eaton frontrunners buys L&T’s electric & automation unit for ₹14,000 cr

Schneider, Eaton frontrunners buys L&T’s electric & automation unit for ₹14,000 cr

Schneider Electric SE, the French industrial multinational and Eaton Corp have emerged as the top contenders to acquire Larsen & Toubro’ electric and automation division for Rs 14,000 crore as India’s largest engineering group looks to prune its portfolio and exit non-core areas, said three officials aware of the ongoing developments. Infrastructure and engineering major […]

Badam boom: India is now the world’s No 1 almond importer

Badam boom: India is now the world’s No 1 almond importer

Imports rose 7% to $600 million in 2017 MUMBAI, India MARCH 30 The health-conscious Indian seems to be gobbling almonds like never before, leading the country to topple China and Spain to emerge as the world’s largest consumer of the nut in recent times. Almond imports into India rose 7 per cent to worth $600 […]

India to achieve 175 GW renewable energy by 2022

India to achieve 175 GW renewable energy by 2022

India would achieve the target of 175 GW of installed renewable energy capacities well before 2022, a senior government official said today. “India would achieve its target of 175 GW of installed renewable energy capacity well before 2022 for which bidding process would be completed on time and International Solar Alliance (ISA) shall help mobilise […]

Final voter turnout in first phase of Gujarat polls 66.75 per cent

Final voter turnout in first phase of Gujarat polls 66.75 per cent: EC

Final voter turnout in first phase of Gujarat polls 66.75 per cent

Ahmedabad: The final voter turnout in the first phase of the Gujarat elections for 89 seats yesterday stood at 66.75 per cent, the Election Commission said today. The poll panel yesterday declared an estimated 68 per cent voter turnout. In the 2012 elections, 71.32 per cent voter turnout was recorded in Gujarat for all the […]

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