Business News

Business

Vande Bharat Sleeper Train Achieves Record 180 kmph in Trials, Outshines Rajdhani Express

The Vande Bharat sleeper train has achieved a record speed of 180 kmph during trials, showcasing its potential to offer faster and smoother long-distance travel in India. Equipped ...

Business

Indian Railways Accelerates: Over 20% of Tracks Now Support Speeds Up to 130 kmph

Indian Railways enhances train speeds with over 20% of tracks now supporting up to 130 kmph, thanks to advanced safety measures. Plans to upgrade the Golden Quadrilateral for semi-...

Business

Western Carriers India Secures a Massive Rs 139 Crore Deal with Vedanta

Western Carriers India Ltd secures a Rs 139 crore material handling contract from Vedanta Ltd, enhancing its portfolio and strengthening ties within the mining and mineral sector. ...

Business

India's Q3FY25 GDP Growth Trails at 5.5-5.7%, Falling Short of RBI's Optimistic 6.3% Forecast

India's Q3FY25 GDP growth is projected at 5.5-5.7%, below RBI's 6.3% forecast, with mixed economic indicators showing an uneven growth trajectory. Sectoral performance varies, with...

Business

India Achieves Historic Milestone: Poverty Dips Below 5%, Extreme Poverty Nearly Eradicated

India has achieved a historic milestone with poverty rates falling below 5% and extreme poverty becoming almost minimal, according to a State Bank of India study. Significant progr...

Business

SBI Revolutionizes NRI Banking: Paperless Account Opening Now a Reality

State Bank of India introduces a digital onboarding process for NRIs, eliminating paperwork for NRE and NRO accounts. This move, aimed at enhancing customer convenience and reducin...

Business

Kia Shatters Records: EV Sales Soar by 74% in the US, Marking a Historic Year

Kia Corporation reports a 74% surge in EV sales in the US for 2024, contributing to a record-breaking year with 796,488 vehicles sold. The EV9 leads with a 1,869% growth, underscor...

Business

Norway's Sovereign Wealth Fund Makes a Strategic $1.07 Billion Investment in US Logistics Sector

Norges Bank Investment Management (NBIM) has strategically invested $1.07 billion for a 45% stake in a US logistics portfolio, partnering with Goodman Group. This portfolio include...