Business

Gold prices have reached unprecedented levels, with the rate for 10 grams of fine gold crossing ₹98,000. In Delhi, prices rose sharply by ₹1,650 in a single day, hitting ₹98,100, while Mumbai recorded a rate of ₹97,250 by 4:30 PM. Silver prices followed a similar upward trend. A one-kilogram bar of silver jumped by ₹1,900 to touch ₹99,400, up from ₹97,500 the previous day. Globally, gold prices soared to $3,318 per ounce, driven by ongoing economic uncertainties and global market…

MoU to Enhance Gig and Logistics Employment Opportunities on NCS and Create Over 12 Lakh Job Opportunities in 2–3 years Ministry of Labour & Employment and Swiggy signed a Memorandum of Understanding (MoU) in New Delhi today, marking a significant step toward strengthening employment linkages in the gig and logistics sector through the National Career Service (NCS) portal. The MoU was signed in the presence of Union Minister of Labour & Employment, Dr. Mansukh Mandaviya and Union Minister of State…

Indian Renewable Energy Development Agency Ltd. (IREDA) has announced its Audited Standalone and Consolidated financial results for the Quarter and Year ended March 31, 2025, showcasing significant growth across key financial metrics. The company reported its highest ever Annual Profit After Tax of ₹1,699 crore. As the nation’s largest pure-play Green Financing NBFC, IREDA has once again set industry standards by publishing its Audited Financial Results within just 15-days. This milestone positions IREDA as the first company in the NBFC and Banking…

Bangaluru based QpiAI, one of the 8 startups selected under the National Quantum Mission, coordinated by the Department of Science and Technology (DST) announced the launch of one of India’s most powerful quantum computers featuring 25 superconducting qubits, on the occasion of World Quantum Day yesterday. QpiAI-Indus, the quantum computer launched, is the first full-stack quantum computing system in the country and combines advanced quantum hardware, scalable control, and optimized software for transformative hybrid computing. It integrates advanced quantum processors,…

The Inland Waterways Authority of India (IWAI) under the Ministry of Ports, Shipping and Waterways reached a significant milestone in cargo movement on National Waterways. For the fiscal year 2024-25, IWAI has successfully achieved record-breaking 145.5 million tonnes of cargo movement, marking an all-time high in the IWT sector. Along with this, the total number of operational waterways has gone up from 24 to 29 during the year. Exponential Growth in Cargo Traffic in last ten years Cargo traffic on…

Key Takeaways India contributes 7.1% to global GDP through its automotive sector and ranks 4th in global vehicle production.Despite a strong manufacturing base, India holds only 3% share in global traded auto components, highlighting a vast scope for expansion.The Vision 2030 roadmap aims to scale production to $145bn, exports to $60bn, and generate 2–2.5 million jobs.Government schemes like FAME, PM E-Drive, and PLI have mobilized ₹66,000+ crore to support EVs and localization.With targeted reforms and GVC integration, India can raise its global…

Rules mandates gas meters to undergo testing, verification and stamping prior use in trade and commerce The Department of Consumer Affairs, Government of India, has taken a significant step towards strengthening consumer protection, promoting fair trade practices and ensuring accurate measurement in gas usage by framing draft rules for Gas Meters under the Legal Metrology (General) Rules, 2011. These rules make it mandatory for all gas meters used for domestic, commercial, and industrial purposes, to undergo testing, verification and stamping…

How Make in India is transforming India’s Global Pharmaceutical Footprint Introduction The Department of Pharmaceuticals, under the Ministry of Chemicals and Fertilizers, is responsible for matters related to the pricing and availability of affordable medicines, research and developmentand international obligations. With a vision to make India the world’s largest provider of quality medicines at reasonable prices, the department’s efforts align with the Make in India initiative. The Indian pharmaceutical industry continues to play a crucial role in manufacturing high-quality, cost-effective medicines for both…

Union Minister of Commerce & Industry Shri PiyushGoyal addresses CAPEXIL’s Vibrant Buildcon 2025 Union Minister of Commerce & Industry, Shri PiyushGoyal addressed the CAPEXIL’s Vibrant Buildcon 2025 here today. He asked industry stakeholders to adopt best practices in sustainability, reduce import dependency, focus on clean and green construction, and work towards earthquake-resistant and modular infrastructure. Shri Goyal highlighted India’s growing strength in the construction ecosystem—from Global Capability Centres (GCCs) to domestic manufacturing under Make in India. He underlined the importance…

Garden Reach Shipbuilders & Engineers Ltd (GRSE) has received the Letter of Award for the construction of two Coastal Research Vessels (CRVs) from the Geological Survey of India (GSI). The Letter of Award, received on April 9, 2025, marks another significant achievement for GRSE in the specialized domain of scientific and research vessel construction, according to a media statement here on Saturday. These vessels will support GSI’s critical marine geoscientific surveys and coastal exploration initiatives, thereby contributing to the nation’s…