IIP rises to 7.5% in Jan, retail inflation eases to 4-month low of 4.4%

New Delhi: India's Index of Industrial Production (IIP) rose 7.5 per cent year-on-year in January 2018, indicating the rising momentum of economic activity in the country; reta...

KVIC achieves over 100 pc subsidy target in 2016-17 for PMEGP: Report

New Delhi: Khadi and Village Industries Commission's (KVIC) utilisation of total subsidy allotted by Ministry of Micro, Small and Medium Enterprises (MSME) for implementation o...

India's defence budget breaks into world's top 5: UK report

London: India became the world's fifth-largest defence spender in the world in 2017 by overtaking UK's defence spending, according to the 'Military Balance Report 2018&...

DAC Clears Proposal Worth Rs 15,935 Crore

New Delhi: Capital acquisition proposals of the services of nearly Rs 15,935 crore (US$ 2.48 billion) have been accorded approval by the Defence Acquisiton Council of the Governmen...

Xiaomi leads smartphone race in India, Samsung at second place: report

New Delhi: Xiaomi has become the largest smartphone vendor in India with a 300 per cent year-on-year increase and a 26.9 per cent market share in the October-December 2017 quarter,...

Dept of Space receives ~108 bn, bulk for R&D

New Delhi: The Department of Space, Government of India has been allocated Rs 107.83 billion (US$ 1.68 billion) for 2018-19, which includes Rs 65.76 billion (US$ 1.03 billion) for ...

CRISIL, SIDBI Launch India's First MSE Sentiment Index

New Delhi: CriSidEx, India’s first micro and small enterprises' (MSEs) sentiment index conceived jointly by CRISIL & SIDBI, has been launched by Mr Arun Jaitley, Mini...

Govt working on raising share of exports in GDP to 20%: Prabhu

New Delhi: The Government of India is planning to come out with a strategy document on increasing the share of exports to 20 per cent of the GDP, according to Mr Suresh Prabhu, Min...