Reporter News - IBJ Bureau
HCL Group, Foxconn JV’s Jewar semiconductor plant gets...
- May 15, 2025
The Union Cabinet has approved a new semiconductor plant, a joint venture between the HCL Group and Taiwan’s Foxconn, costing Rs 3,706 crore,...
SEBI relaxes norms for FPIs investing exclusively in...
- May 14, 2025
The SEBI has proposed to simplify rules and ease regulatory compliance for FPIs that invest exclusively in Indian government bonds via the voluntary...
MSMEs see 20% average growth in revenue after integrating...
- May 13, 2025
MSMEs in tier-II and -III cities have reported an average 20 per cent growth in their revenues after their integration with the government’s Open...
Mumbai, Delhi, Karnataka allotted stiff higher targets to...
- May 12, 2025
umbai, Delhi and Karnataka would lead the direct tax collection charge with enhanced targets for FY26. These States will have to bear burden of the...
Adani deploys India’s first hydrogen truck for mining...
- May 11, 2025
Adani Enterprises, the flagship company of the Adani Group, has deployed India’s first hydrogen-powered truck for mining logistics in Chhattisgarh,...
TRAI recommends spectrum rate for satcom companies at 4% of...
- May 10, 2025
The Telecom Regulatory Authority of India (TRAI) has recommended that satellite communication (sitcom) companies like Starlink pay 4 per cent of...
REC’s total revenue rises by 19% to Rs 55,980 crore in...
- May 09, 2025
The Board of Directors of REC today approved the audited standalone and consolidated financial results for the year ended March 31,...
RBI eases norms for FPIs’ investments in corporate bonds...
- May 09, 2025
The Reserve Bank of India (RBI) has relaxed norms for investments by foreign portfolio investors (FPIs) in corporate debt securities through the...
India’s climate-funding bill for net-zero emission by...
- May 08, 2025
India may require financing to the tune of $2.5 trillion by 2030 for climate transition, given its pledge to achieve net-zero emission by 2070, the...
India, UK seal FTA deal, pact targets $100-billion...
- May 07, 2025
India and the UK sealed a historic free trade agreement (FTA) on May 6, which is expected to benefit 99 per cent of Indian exports from...
SPIRITUAL CORNER - The Nature Of Ego
- May 07, 2025
Questioner: Which one goes through birth and death (the coming and going; avagaman), the Soul or the body?Dadashri: Neither the body nor the Soul...
AT THE HELM - Vikas Kaushal, CMD, HPCL
- May 07, 2025
In mid-March, Vikas Kaushal assumed charge as chairman and managing director of Hindustan Petroleum Corporation (HPCL). Interestingly, Mr...
Iron ore production rises by 4.3% to 289 mt in 2024-25 amid...
- May 06, 2025
The country’s iron ore production rose by 4.3 per cent to 289 million tonnes (mt) in 2024-25 over the output in the year-ago period.Iron ore...
Buffett to hang up his boots by year-end, passing the baton...
- May 05, 2025
Billionaire businessman Warren Buffett, 94, has announced that he will step down as CEO of multinational conglomerate Berkshire Hathaway at the end...
ICAI drafting research paper to assist SEBI in tackling...
- May 04, 2025
The Institute of Chartered Accountants of India (ICAI) will be preparing a research paper to help markets watchdog Securities and Exchange Board of...
BIMSTEC offers India the unique scope of integrating the...
- May 03, 2025
The BIMSTEC summit in the Thai capital of Bangkok unfolded in the backdrop of a huge upheaval early last month. Barely a week before the summit, host...
Tesla’s Robyn Denholm denies report of board seeking to...
- May 02, 2025
Tesla Chairperson Robyn Denholm has denied a Wall Street Journal report that had said that board members about a month ago had reached out...
Sugarcane FRP for upcoming 2025-26 season hiked by 4.41% to...
- May 01, 2025
The government has decided to increase the Fair and Remunerative Price (FRP) of sugarcane by 4.41 per cent to Rs 355 per quintal for the upcoming...
RBI launches inflation, consumer confidence surveys for...
- Apr 30, 2025
The Reserve Bank of India (RBI) on Tuesday launched three key surveys, including inflation expectations, to gather useful inputs for monetary policy...
Govt sets up committee to draft new National Manufacturing...
- Apr 29, 2025
The government has set up an inter-ministerial committee to frame the broad contours of the proposed National Manufacturing Mission, announced in the...
In expansion drive, CPRL to double McDonald’s outlets to...
- Apr 28, 2025
Connaught Plaza Restaurants (CPRL), the master franchiser for McDonald’s restaurants in India for north and east regions, has plans to invest up to...
India eradicates 17.1 crore people from extreme poverty...
- Apr 27, 2025
India has lifted 171 million (17.1 crore) people from extreme poverty in the decade between 2011-12 and 2022-23, the World Bank has said.“Over the...
Net direct tax mop-up target for FY25 met with highest-ever...
- Apr 26, 2025
Provisional net direct tax collection for the 2024-25 financial year has met the set target, growing by 13.57 per cent to over Rs 22.26 lakh crore....
Airtel seeks conversion of its spectrum and AGR dues into...
- Apr 25, 2025
Bharti Airtel has formally approached the Department of Telecommunications (DoT), seeking conversion of its deferred government dues into equity....
GCCs to add 4 lakh jobs for freshers by 2030 and improve...
- Apr 24, 2025
India’s global capability centre (GCC) workforce, which will reach 30 lakh by 2030, is likely to create four lakh jobs for freshers by 2030. This...
Cheaper Russian oil eats into OPEC’s share in Indian oil...
- Apr 23, 2025
Share of Organization of Petroleum Exporting Countries’ (OPEC) oil in India’s imports fell to a record low in 2024-25 as refiners continued to...
RBI lowers buffer rate to 2.5% for digitally-linked...
- Apr 22, 2025
The Reserve Bank of India (RBI) on Monday directed lenders to assign a lower-than-proposed buffer rate of 2.5 per cent on digitally-linked deposits,...
MTNL defaults on Rs 8,346.24-crore loans from seven...
- Apr 21, 2025
State-run telecom company MTNL has defaulted on bank loans worth Rs 8,346.24 crore from seven public sector banks, the company has said in a...
Prime Minister’s Principal Secretary stresses on creating...
- Apr 20, 2025
Highlighting the need to create 80 lakh to 1 crore jobs annually in India, Prime Minister Narendra Modi’s Principal Secretary P K Mishra on...
No GST on UPI transactions above Rs 2,000, Finance Ministry...
- Apr 19, 2025
The Finance Ministry on Friday made it clear that the government is not considering any proposal to levy the Goods and Services Tax (GST) on UPI...
US judge holds Google’s domination in two markets for...
- Apr 18, 2025
Alphabet’s Google illegally dominated two markets for online advertising technology, a judge ruled on Thursday, dealing another blow to the tech...
US slaps 245% tariffs on China in response to retaliatory...
- Apr 17, 2025
In a dramatic escalation of trade tension, US President Donald Trump’s administration slapped sweeping new tariffs on Chinese imports, with rates...
JSW Steel to fund 10-mtpa green steel plant with over Rs...
- Apr 16, 2025
JSW Steel will be investing over Rs 50,000 crore to create 10 million tonnes per annum (mtpa) of green steel capacity at a plant near the country’s...
Tata Power Renewable Energy, NTPC join hands for 200-mw...
- Apr 15, 2025
Tata Power Renewable Energy (TPREL) has signed a power purchase agreement (PPA) with NTPC to develop a 200-mw clean power project.“With this...
Indian toys look to occupy US shelves as steep tariff...
- Apr 14, 2025
As US-China tariff war intensifies, Indian toy industry leaders are calling the situation a “golden opportunity” to position India as a major...
In Mr Trump’s latest flip-flop, computers, smartphones...
- Apr 13, 2025
US President Donald Trump’s administration granted exclusions from steep reciprocal tariffs to smartphones, computers and some other electronics...
India seeks talks with US on steel, aluminium tariffs under...
- Apr 12, 2025
India has sought consultations with the US under the WTO’s safeguard agreement following American authorities’ decision to impose tariffs on...
Prada buys Versace from Capri for $1.375 bn; deal to boost...
- Apr 11, 2025
Prada has struck a deal to buy smaller rival Versace from Capri Holdings in a move to unite two of the biggest names in Italian fashion.The deal has...
RBI slashes Repo Rate by 25 basis points to 6%, loans set...
- Apr 10, 2025
The Reserve Bank of India (RBI) on Wednesday reduced the key lending rate, or the Repo Rate, by 25 basis points, bringing it down to 6 per cent. The...
REC signs MoU with MMRDA to fund Rs 1-l cr projects in MMR
- Apr 10, 2025
REC, a Maharatna CPSU under the Ministry of Power and prominent NBFC, has entered into an MoU with the Mumbai Metropolitan Region Development...
Clothing retailers delaying orders, freezing hiring as high...
- Apr 09, 2025
Clothing and accessories retailers across the United States are delaying orders and freezing hiring ahead of tariff hikes that take effect on...
FY26 more challenging than FY25 for IT companies amid hike...
- Apr 08, 2025
The rise in tariffs by the United States government could add to the challenges of the IT services industry, according to a report released on...
PM Modi inaugurates new Pamban Bridge, launches projects...
- Apr 07, 2025
Prime Minister Narendra Modi on Sunday inaugurated the New Pamban Bridge – the country’s first vertical-lift sea bridge – in Tamil Nadu on the...
Delhivery to acquire Ecom Express for Rs 1,407 crore to...
- Apr 06, 2025
Logistics services provider Delhivery on Saturday announced acquisition of Ecom Express for about Rs 1,400 crore to scale up its business.In a...
Fintech SRO India Fintech Foundation to bridge regulatory...
- Apr 05, 2025
The second day of Startup Mahakumbh on Friday witnessed the launch of India Fintech Foundation (IFF), the proposed self-regulatory organisation (SRO)...
Trump’s reciprocal tax roils the world, China, India...
- Apr 04, 2025
President Donald Trump’s sweeping tariffs on US imports sparked threats of retaliation on Thursday, as companies and governments rushed to count...
Chinese companies step up orders worth $16 bn for...
- Apr 03, 2025
Chinese companies, including ByteDance, Alibaba Group and Tencent Holdings, have placed at least $16 billion in orders for Nvidia’s H20 server...
AT THE HELM - Teresa Ribera, First Executive...
- Apr 02, 2025
These are tumultuous times for Teresa Ribera, the new European commissioner for competitiveness. The 55-year-old Spanish jurist, academic and...
Microfinance loans plunge in December 2024 quarter as norms...
- Apr 02, 2025
Number of microfinance loans disbursed by lenders declined 41.7 per cent to 1.19 crore in the December 2024 quarter, according to a report by credit...
SPIRITUAL CORNER - Eternal Self
- Apr 02, 2025
Questioner: Where did the Self (chetan) come from? Where does it originate? Dadashri: It has no origin, neither does it have an end. These are...
Haldiram Snacks Food sells stake to IHC, Alpha Wave Global
- Apr 01, 2025
Haldiram Snacks Food, the country’s leading snack and food brand, has confirmed selling its stake to two new investors – International Holding...
Wire & cable industry new battlefield for Adani Group &...
- Mar 31, 2025
After cement, billionaire Gautam Adani’s group and Kumar Mangalam Birla’s Aditya Birla Group are set for a face-off in the wire and cable...
Elon Musk sells X to group company xAI in a $33-billion,...
- Mar 30, 2025
Elon Musk has transferred ownership of social media platform X to his artificial intelligence company, xAI, in an all-stock deal valued at $33...
Rs 22,919-crore PLI scheme for non-semiconductor electronic...
- Mar 29, 2025
The Union Cabinet, chaired by Prime Minister Narendra Modi, on Friday approved the Production-Linked Incentive (PLI) scheme for non-semiconductor...
Mar-A-Lago Accord could rattle global markets and trigger...
- Mar 28, 2025
All eyes are on reciprocal tax on US imports that will take effect from April. The much-dreaded measure is actually just the beginning of US...
Airbus looks to source $2 billion of components and...
- Mar 27, 2025
Aircraft-maker Airbus’ annual sourcing of components and services from India will be ramped up significantly to touch $2 billion before 2030, its...
Schneider Electric to invest over $700 million in US to...
- Mar 26, 2025
Schneider Electric said on Tuesday that it plans to invest over $700 million in its US operations over the next two years amid tariff threats that...
RECPDCL hands over four SPV-specific transmission projects
- Mar 26, 2025
REC Power Development and Consultancy (RECPDCL), a wholly-owned subsidiary of REC, the Maharatna CPSU under the aegis of the Ministry of Power, has...
SEBI panel to review conflict of interest norms for its...
- Mar 25, 2025
The Securities and Exchange Board of India (SEBI) on Monday announced its decision to establish a high-level committee to conduct a detailed review...
ONGC set to import ethane to make up for change in...
- Mar 24, 2025
Oil and Natural Gas Corporation (ONGC) plans to import ethane starting in mid-2028 to compensate for the altered composition of liquefied natural gas...
Trump administration awards US Air Force’s fighter jet...
- Mar 23, 2025
US President Donald Trump has awarded Boeing a contract to build the US Air Force’s most sophisticated fighter jet yet, handing the company a...
Recovery may elude IT companies in FY26 amid Trump tariffs,...
- Mar 22, 2025
Information technology (IT) companies, among the worst-performing sectors in the country this year, may not see a recovery in FY26, analysts have...
Bain Capital to acquire 18% stake in Manappuram Finance for...
- Mar 21, 2025
Manappuram Finance on Thursday said that Bain Capital would invest Rs 4,385 crore to acquire an 18 per cent stake in the gold loan provider. The deal...
Entero Healthcare launches HealthEdge programme for retail...
- Mar 21, 2025
Entero Healthcare Solutions, one of India’s leading and fastest-growing healthcare product distribution platforms, has launched its HealthEdge...
Union Cabinet approves incentive for BHIM-UPI low-value...
- Mar 20, 2025
The Union Cabinet has approved an incentive scheme for promotion of low-value BHIM-UPI transactions for 2024-25.The incentive scheme will be...
Shriram Finance consolidating gold loan business, expanding...
- Mar 19, 2025
Shriram Finance, the flagship company of the diversified conglomerate Shriram Group, is looking to consolidate its gold loan business and increase...
Bajaj Finserv to buy out Allianz’s stakes in general,...
- Mar 18, 2025
In a landmark move that ends a 24-year partnership, Bajaj Finserv has announced that it will acquire Allianz’s entire 26 per cent stake in their...
Demand for housing robust amid Union Budget sops, Repo Rate...
- Mar 17, 2025
Housing demand continues to be strong and is expected to grow further on the back of tax incentives offered in the recent Union Budget and a recent...
Standard Chartered mops up 1 bn euros via social bond to...
- Mar 16, 2025
Standard Chartered (StanChart) has raised 1 billion euros (about Rs 9,400 crore) through issue of the first social bond which will support...
REC signs Rs 18,360-cr MoU with Kerala govt for...
- Mar 16, 2025
REC, a Maharatna CPSE under the Ministry of Power and leading NBFC, has signed an MoU with the Energy Management Centre (EMC), Government of Kerala,...
Immigration fuels growth in US urban centres, shows Census...
- Mar 15, 2025
Immigrants kept the largest urban counties in the US growing last year.Core counties in the Houston, Miami and Phoenix metropolitan areas grew more...
ICAI likely to review financial statements of...
- Mar 14, 2025
Chartered accountants’ apex body Institute of Chartered Accountants of India (ICAI) may review the financial statements of IndusInd Bank, which is...
CPI inflation slips to a 7-month low of 3.61%, raises hopes...
- Mar 13, 2025
Retail inflation slipped to a seven-month low of 3.61 per cent in February mainly due to easing prices of vegetables, eggs and other protein-rich...
Airtel joins hands with SpaceX to bring Starlink to India,...
- Mar 12, 2025
Airtel has signed an agreement with SpaceX to bring Starlink’s satellite internet to India. The deal depends on SpaceX getting approval from...
Haier India lines up Rs 1,000 crore for AC plant, targets...
- Mar 10, 2025
Haier Appliances India looks to become a $2-billion sales company in the next three to four years on the back of high double-digit growth powered by...
India securing a “good” US deal with the country’s...
- Mar 09, 2025
Finance Minister Nirmala Sitharaman on Saturday emphasised India’s ambition to secure a “good” trade agreement with the United States to drive...
Nasdaq joins global stock exchanges in offering 24-hour...
- Mar 08, 2025
Nasdaq plans to offer 24-hour trading on its equities exchange, the latest venue seeking to capitalse on growing global demand for US stocks.The...
Over 30,000 taxpayers declare foreign assets & income of...
- Mar 07, 2025
Over 30,000 taxpayers have revised their Income Tax returns (ITRs) or filed belated returns and declared additional foreign assets and income of more...
Tesla rents space at Bandra Kurla Complex in Mumbai to open...
- Mar 06, 2025
US electric carmaker Tesla has signed a lease deal to open its first showroom in Mumbai, as it moves towards a goal to sell imported cars in India,...
HOT SEAT - All For Health Keerthi Ashish, Founder &...
- Mar 06, 2025
During her pregnancy, Keerthi Ashish discovered seed cycling, which had a profound impact on her health and well-being. Witnessing these positive...
SPIRITUAL CORNER - Such An Amazing Gnan!
- Mar 06, 2025
Questioner: In this Akram path, once a person reaches the seventh floor, can he drop down to the fourth or the fifth floor?Dadashri: No, he cannot...
AT THE HELM - Ramesh Juneja, Chairman, Mankind Pharma
- Mar 06, 2025
Last October, Mankind Pharma completed acquisition of Bharat Serums and Vaccines (BSV). Earlier, last July, it had struck a deal to buy...
US President Trump’s duties on imports from Canada, China...
- Mar 05, 2025
US President Donald Trump’s new 25 per cent tariffs on imports from Mexico and Canada took effect on Tuesday, along with a doubling of duties on...
Parent Geenee introduces safe digital boundaries to families
- Mar 05, 2025
Parent Geenee, a technology firm based in the US, recently hosted a high-profile product launch event in Mumbai, marking the global introduction of...
Kroger chief Rodney McMullen resigns over issues related to...
- Mar 04, 2025
US grocer Kroger said on Monday that CEO Rodney McMullen had resigned after a board investigation found that his personal conduct was...
RERA registrations decline by 21% between 2022 and 2024
- Mar 03, 2025
Number of projects registered with the Real Estate Regulatory Authority (RERA) has witnessed a significant decline of 21 per cent between calendar...
Trident Lifeline, NIPER-A partnership develops Vorinostat...
- Mar 03, 2025
Trident Lifeline, a rapidly-expanding small and medium enterprise (SME), has joined hands with NIPER-Ahmedabad (NIPER-A), an institute of national...
India needs to grow by 7.3% annually to become developed...
- Mar 02, 2025
The 16th Finance Commission Chairman Arvind Panagariya on Saturday said that India’s aim of becoming a developed nation by 2047 is a...
REC inks pact with Madhya Pradesh govt to provide Rs...
- Mar 02, 2025
REC, a Maharatna CPSE and leading NBFC under the Ministry of Power, has signed a memorandum of understanding (MoU) with the Government of Madhya...
Woodpecker Greenagri to invest Rs 570 crore to set up...
- Mar 02, 2025
Woodpecker Greenagri Nutrients, a subsidiary of the Som Group of Companies, will set up a state-of-the-art integrated agri-processing project in the...
Manufacturing, mining pull down Q3 GDP growth to 6.2%, only...
- Mar 01, 2025
India’s economic growth rate decelerated to 6.2 per cent in the October-December 2024 quarter this financial year (2024-25), mainly due to poor...
Tuhin Kanta Pandey – secretary in many Finance Ministry...
- Feb 28, 2025
Tuhin Kanta Pandey has been appointed as the 11th chairman of the Securities and Exchange Board of India (SEBI), replacing Madhabi Puri Buch. Ms...
Paris meet takes the first steps to build a consensus on...
- Feb 27, 2025
The summit on artificial intelligence (AI) in Paris in early February brought together representatives from more than 100 countries. The two-day...
Unilever sacks CEO Schumacher in a surprise move, names...
- Feb 26, 2025
Unilever surprised investors on Tuesday by ousting Chief Executive Officer (CEO) Hein Schumacher and replacing him with finance chief Fernando...
Apple lines up $500-bn US investments in 4 years to make AI...
- Feb 25, 2025
Apple said on Monday that it would spend $500 billion in US investments in the next four years that will include a giant factory in Texas for...
KKR set to purchase 54% stake in HCG for Rs 3,465 crore...
- Feb 24, 2025
Private equity giant KKR has signed a definitive agreement to pick up a controlling stake in cancer care hospital chain Healthcare Global Enterprises...
Trump orders USTR to start probe into countries levying...
- Feb 23, 2025
US President Donald Trump has ordered his trade chief to revive investigations aimed at imposing tariffs on imports from countries that levy digital...
RECPDCL hands over two SPVs of transmission projects to...
- Feb 22, 2025
REC Power Development and Consultancy (RECPDCL), a wholly-owned subsidiary of REC, the Maharatna CPSU under the aegis of the Ministry of Power, has...
RBI’s draft paper proposes to scrap foreclosure charges...
- Feb 22, 2025
The RBI on Friday proposed to do away with foreclosure charges or pre-payment penalties charged by banks and other lenders on all floating rate...
Burmans take control of Religare after a long battle with...
- Feb 21, 2025
The Burman family has acquired control of Delhi-based financial services company Religare Enterprises (REL) and are designated as its promoters after...
US SEC seeks assistance from Indian authorities to probe...
- Feb 20, 2025
The US Securities and Exchange Commission (SEC) has requested assistance from India’s Ministry of Law and Justice in its investigation of Gautam...
India, Qatar look to double bilateral trade to $28 bn in 5...
- Feb 19, 2025
India and Qatar are exploring the possibility of signing a free trade agreement (FTA) in future, and the two nations have set an aim of doubling...
India set to slash Import Duty further to avoid high...
- Feb 18, 2025
India’s top officials have said that they will continue to cut import taxes as the government looks to work around US President Donald Trump’s...
Women-centric insurance sales force portal Bima Vahak to go...
- Feb 17, 2025
Unveiling of the Insurance Regulatory and Development Authority of India’s (IRDAI) game-changing Bima Sugam may have been delayed. However, the...
New India Cooperative Bank GM Hitesh Mehta arrested for...
- Feb 16, 2025
The Mumbai police on Saturday arrested Hitesh Mehta, the general manager (GM) and head of accounts of New India Cooperative Bank, for allegedly...
Invest Karnataka Summit concludes with Rs 10.27 lakh crore...
- Feb 15, 2025
Karnataka has received proposals worth Rs 10.27 lakh crore in investments during the three-day Invest Karnataka Summit, which concluded in Bengaluru...
AT THE HELM - Sunil Vachani, Chairman, Dixon Technologies
- Feb 14, 2025
Early last December, Dixon Technologies teamed up with Vivo India, the Indian subsidiary of Chinese mobile phone company, to set up a joint...
Rashmi Saluja is no more director of Religare as she fails...
- Feb 14, 2025
Religare Enterprises on Thursday announced that Rashmi Saluja was no longer the director of the company. In a regulatory filing on Thursday, Religare...
HOT SEAT - Beauty, Brains & Grit - Kavita Kharayat...
- Feb 14, 2025
Kavita Kharayat is a trailblazing entrepreneur, devoted mother and second runner-up at Mrs India 2024. The co-founder of Contify – a market...
RBI lifts curbs on Kotak Mahidra Bank, lets it to issue new...
- Feb 13, 2025
After more than nine months of imposing severe business restrictions on Kotak Mahindra Bank because of concerns on the technology front, the Reserve...
Government using 99% of borrowing for capital expenditure...
- Feb 12, 2025
The government is using almost the entire borrowing in 2025-26 towards financing capital expenditure, Finance Minister Nirmala Sitharaman said on...
Indian Railways seeks nuclear energy from NPCIL, Power...
- Feb 11, 2025
Indian Railways has approached Nuclear Power Corporation of India (NPCIL) and the Ministry of Power for allocation of nuclear energy to meet its...
Prestige Estates lines up Rs 30,000-crore housing projects,...
- Feb 10, 2025
Real estate company Prestige Estates Projects is planning to launch Rs 30,000-crore of housing projects this quarter across major cities to tap...
India’s pharmaceutical exports to touch $65 billion by...
- Feb 09, 2025
India’s pharmaceutical exports are expected to double to $65 billion by 2030 and touch $350 billion in value terms by 2047, becoming the world’s...
Hazoor Multi Projects bags NHAI’s Rs 67.16-crore contract...
- Feb 09, 2025
Hazoor Multi Projects Ltd (BSE: 532467), a leader in engineering, procurement and construction (EPC) contracting services, has announced that Letter...
RBI slashes Repo Rate by 25 basis points to 6.25% for the...
- Feb 08, 2025
The RBI’s Monetary Policy Committee (MPC) on Friday cut Repo Rate by 25 basis points to 6.25 per cent. The central bank’s rate cut for the first...
Union Cabinet approves new Income Tax Bill to be presented...
- Feb 08, 2025
The Union Cabinet on Friday approved a new Income Tax (I-T) Bill, which will replace the six decades old I-T Act, sources told the PTI. The...
ITC set to buy Prasuma in three tranches for greater...
- Feb 07, 2025
Diversified conglomerate ITC has signed definitive agreements to acquire a 100 per cent stake in Prasuma, a leading brand in the frozen, chilled and...
Nissan, Honda merger plan may unravel amid growing...
- Feb 06, 2025
Nissan looks set to step back from merger talks with rival Honda, two sources have said, calling into question a $60-billion tie-up to create the...
SPIRITUAL CORNER - Worthiness In Akram Vignan!
- Feb 06, 2025
Questioner: Can a nimit oblige a seeker who does not have the spiritual readiness or qualification (upadaan)? If so, then to what extent and...
In a tit for tat, China initiates action against Google,...
- Feb 05, 2025
China has announced a wide range of measures, targeting US businesses, including Google, farm equipment-makers and the owner of fashion brand Calvin...
India’s slow pace of debt reduction poses downside risk...
- Feb 04, 2025
India’s pace of debt reduction is gradual, leaving room for downside risk to sovereign rating in the eventuality of a significant economic shock,...
Trump triggers trade war, slaps 25% duty on Canada, Mexico,...
- Feb 03, 2025
Asian stock markets slumped on Monday and European and US equity futures pointed sharply lower after US President Donald Trump’s tariffs on Canada,...
Budget showers big incentives on middle class, Income Tax...
- Feb 02, 2025
Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26 on Saturday, outlining roadmap for economic growth, social welfare and...
Economic Survey 2025 estimates India's growth at 6.8% in...
- Feb 01, 2025
Finance Minister Nirmala Sitharaman tabled the Economic Survey 2025 in Parliament on Friday. The survey projects India’s GDP to grow in the range...
RBI tightens norms for imposing monetary penalties under...
- Jan 31, 2025
The Reserve Bank of India (RBI) on Thursday tightened norms for imposing monetary penalties and compounding offences under the Payment and Settlement...
Utkarsh Odisha Conclave gets 145 MoUs with Rs 12.89 lakh...
- Jan 30, 2025
The two-day Utkarsh Odisha Conclave has paved the way for signing of as many as 145 investment-related memorandums of understanding (MoUs) with Rs...
How Liang Wenfeng and his China-made AI model DeepSeek are...
- Jan 29, 2025
A Chinese-made artificial intelligence (AI) model called DeepSeek has shot to the top of Apple Store’s downloads, stunning investors and sinking...
RBI set to introduce many measures to inject liquidity in...
- Jan 28, 2025
The Reserve Bank of India (RBI) announced on Monday a host of measures to inject liquidity into the banking system, including bond purchases and...
How Messrs Subrahmanyan & Murthy’s hard work call is...
- Jan 27, 2025
S N Subrahmanyan is the latest to jump on the bandwagon of corporate chiefs urging Indians to work hard. With his 90-hour work week, the Larsen &...
UBS expanding GCC in Hyderabad with addition of 1,800 more...
- Jan 26, 2025
UBS, the Swiss banking major, will be expanding its global capability centre (GCC) in Hyderabad with an addition of 1,800 more employees over next...
At 3-gw capacity, Reliance’s data centre in Jamnagar set...
- Jan 25, 2025
Mukesh Ambani’s Reliance Group is set to build what might be the world’s biggest data centre by capacity in Jamnagar, Gujarat. This move comes...
AWS to invest $8.3 billion in Maharashtra to expand cloud...
- Jan 24, 2025
Amazon Web Services (AWS) plans to invest $8.3 billion into cloud infrastructure in the AWS Asia-Pacific (Mumbai) Region in Maharashtra to expand...
CBDT’s new rules exempt DTAA treaties prior to April 2017...
- Jan 23, 2025
The Central Board of Direct Taxes (CBDT) has clarified that investments made under treaties with Mauritius, Singapore and Cyprus will not face...
President Trump issues over 80 orders, gets US to exit from...
- Jan 22, 2025
US President Donald Trump returned to the White House on Monday (January 20), issuing a barrage of executive orders and repealing multiple directives...
Voltas, Blue Star among 24 companies selected for third...
- Jan 21, 2025
Voltas, Blue Star, Hindalco, Uno Minda and LG are among 24 companies that have been selected in the third round of Production-Linked Incentive (PLI)...
TikTok restores services after Donald Trump assures the app...
- Jan 20, 2025
TikTok began restoring its services on Sunday after President-Elect Donald Trump said that he would revive the app’s access in the US when he...
STT Global lines up Rs 3,500 crore for data centre in...
- Jan 19, 2025
STT Global Data Centres India has signed a memorandum of understanding (MoU) with the Telangana government to establish a state-of-the-art data...
Economy on the revival, boosted by higher demand, pick-up...
- Jan 18, 2025
The country’s economic growth is expected to rebound driven by higher domestic demand and revival in public capital expenditure (capex) on...
Home sales in top 8 cities drop by 26% in December 2024...
- Jan 17, 2025
Housing sales declined by 26 per cent to 1,06,038 units across eight major cities during the December quarter on lower demand mainly due to high...
DPIIT, ITC join hands to help startups with solutions in...
- Jan 16, 2025
The Department for Promotion of Industry and Internal Trade (DPIIT) has entered into a partnership with cigarettes-to-consumer goods conglomerate ITC...
India’s insurance market to beat its G20 counterpart with...
- Jan 15, 2025
India’s insurance market is projected to be the G20’s fastest-growing economy over the next five years, with total premium volumes – life and...
Prime Minister Modi opens Z-Morh tunnel, a crucial 6.5-km...
- Jan 14, 2025
Prime Minister Narendra Modi inaugurated Z-Morh tunnel, a vital, all-weather tunnel, in Jammu and Kashmir (J&K) on Monday.Speaking after opening...
NCLAT’s nod to Indiabulls, Embassy Group merger after...
- Jan 13, 2025
In a major relief to Indiabulls Real Estate (IBREL) and the Embassy Group, appellate tribunal NCLAT has sanctioned the scheme of amalgamation to...
India adds a record 113% high 30 gw of renewable energy in...
- Jan 12, 2025
India logged a record-high renewable energy capacity addition of about 30 gw in 2024, 113 per cent higher than 13.75 gw recorded in 2023, according...
Supreme Court stays Rs 1.12-l cr GST demand against online...
- Jan 11, 2025
In a major relief to online gaming companies, the Supreme Court has stayed GST show-cause notices amounting to Rs 1.12 lakh crore against these...
Vodafone Idea gives nod to mop up Rs 1,909.95 crore from...
- Jan 10, 2025
Vodafone Idea has approved raising Rs 1,909.95 crore from promoters Omega Telecom Holdings and Usha Martin Telematics via preferential allotment.The...
BHEL starts two units of Punatsangchhu-II hydropower units...
- Jan 09, 2025
Bharat Heavy Electricals (BHEL) has commissioned two units of the 6x170 mw Punatsangchhu-II Hydroelectric Project (PHEP-II) in Bhutan.The project is...
GDP growth in FY25 estimated 6.4%, the lowest in the last...
- Jan 08, 2025
India’s growth in Gross Domestic Product (GDP) is estimated to be at 6.4 per cent in 2024-25 (FY25), the Ministry of Statistics and Programme...
US Steel, Nippon Steel file lawsuit against US...
- Jan 07, 2025
US Steel and Nippon Steel have filed a lawsuit against US President Joe Biden’s order that has blocked a $14.9-billion buyout of the American...
