CATEGORIES

Modi launches projects worth ₹10 trillion in UP

PRIME MINISTER NARENDRA Modi launched 14,000 projects across Uttar Pradesh worth more than 10 trillion at the fourth ground-breaking ceremony here on Monday for investment proposals received during the UP Global Investors Summit.

Revised MGNREGS estimate may fall short of demand

PROVISIONING INADEQUATE FUNDS at the start of a financial year and raising it to meet the requirement at the revised estimate (RE) stage for the demanddriven Mahatma Gandhi National Rural Employment Scheme (MGNREGS) has become a practice in the last few years.

Connections under LPG scheme surpass 100 mn

THE NUMBER OF beneficiaries under the Pradhan Mantri Ujjwala Yojana, a scheme targeting the provision of subsidised LPG (liquefied petroleum gas) connections to poor households, has surpassed 100.1 million, according to the latest data released by the Petroleum Planning and Analysis Cell.

Reforms-linked ₹75K-cr loan to states after polls

Untied ₹55,000 crore capex loan likely to be available from April

Out-of-court insolvency fix for larger corporates soon

LARGE CORPORATES WILL soon have a facility for \"out-of-court\" insolvency resolution that will hinge on informal discussions among stakeholders and may not even require open bidding for selection of resolution applicants, official sources said.

Farmers offered assured MSP procurement of five crops

THE GOVERNMENT HAS made a slew of offers to the agitating farmers from Punjab and Haryana. It has proposed that stateowned agencies Nafed and NCCF will procure five crops cotton, maize, tur, urad and masoor - from these farmers at minimum support price (MSP) without any limit on volume, for the next five years.

JSW Steel eyes stake in Australian mine

SAJJAN JINDAL-LED JSW Steel is in talks to acquire a 20% stake in a coal mine owned by Australia's Whitehaven Coal, in a deal valued at $750 million-$1 billion.

Go First bidder banks on land monetisation

Revival blueprint also includes arbitral award money

Indian shuttlers win Asian title

WHEN THE PUBLIC rendition of the national anthem happened with the whole stadium at Shah Alam, Malaysia standing up for the women's badminton team in blue, India's 32 finals success over Thailand got imprinted in public memory.

Nazara ups its game on a rough pitch

EVEN AS IT charts a turnaround strategy, Nazara Technologies is looking to expand the gaming & e-sports production businesses overseas. Last week, its subsidiary Nodwin Gaming bought Ninja Global, an acquisition that will give the company a foothold particularly in the West Asian and Turkish markets.

Over 400 detained in Russia

OVER 400 PEOPLE were detained in Russia while paying tribute to opposition leader Alexei Navalny, who died at a remote Arctic penal colony, a prominent rights group reported.

EU plans to fine Apple about 500 mn over music services

THE EUROPEAN UNION is close to hitting Apple with its first-ever antitrust fine as well as a ban on App Store rules that the bloc believes thwart competition, according to the Financial Times.

FDI inflows into China fall to worst in 30 years

FOREIGN BUSINESSES' DIRECT investment into China last year increased by the lowest amount since the early 1990s, underscoring challenges for the nation as Beijing seeks more overseas investment to help its economy.

Giving wings to businesses

Oracle Cloud sees 50% jump in cloud adoption and renewal

Golden opportunity

Six among the top 100 global luxury brands are from India

Integrating Al into business leadership of tomorrow

Artificial intelligence won't replace you, but the person using it will

Enhance returns through trigger SIPs

You can set triggers based on specific price levels of the benchmark

Banks’ home loan growth shows resilience in Q3

Segment posts 15% growth despite elevated interest rates

JSW to invest ₹1.65 trillion more in Odisha, says Jindal

ODISHA IS THE top destination for the JSW Group, with the steel-to-cement conglomerate committing a fresh ₹1.65 trillion for the state, apart from developing model villages. This is in addition to the ₹30,000 crore the group has already invested in the state, JSW Group chairman Sajjan Jindal told FE.

Target Is $1 bn revenue in 5 years: ITC Infotech CEO

Plans to start new vertical in high tech or healthcare

Value vs premium: Q3 shows sharp divide in apparel retail

THERE'S A DIVERGENCE SHOWING up in the financial performance of the country's top apparel retailers. While certain firms like Trent, Reliance Retail, V-Mart, and V2 Retail have reported robust growth in both topline and bottomline figures in Q3 of FY24, others such as Aditya Birla Fashion, Shoppers Stop and Vedant Fashions, the maker of the Manyavar brand of apparels, have posted weak numbers during the same period.

India Inc may go back to electoral trusts

However, experts Say questions on transparency to linger

Maharshtra launches free higher education scheme for girls

MAHARASHTRA DEPUTY CHIEF minister and Nationalist Congress Party (NCP) president Ajit Pawar on Sunday announced that college education of girl students with parents' income less than 8 lakh will be paid by the state government.

Punjab, Haryana farmers likely to get carbon credit

IN A FIRST-OF-ITS-KIND initiative to incentivise those adopting environmentally sustainable agriculture practices in the country's rice and wheat growing states, farmers in Punjab and Haryana will be awarded carbon credits soon for practices like direct seeding and low tillage.

BJP win must for Viksit Bharat’: PM

Reach out to every voter in next 100 days: Modi tells party workers

‘Two multi-billion dollar chip plants soon’

TWO FULL-FLEDGED SEMICONDUCTOR fabrication plants are going to come up in India very soon, entailing multibillion dollar investment besides several chip assembly and packaging units, minister of electronics and IT Rajeev Chandrasekhar said.

RBI'S ACTION ON PAYTM PAYMENTS BANK Compliance isn't optional: Chandrasekhar to fintechs

THE RESERVE BANK of India's (RBI's) regulatory action on Paytm Payments Bank has drawn the attention of fintech firms to the importance of complying with laws, minister of state for electronics and IT Rajeev Chandrasekhar has said.

Real estate firms laud project-wise insolvency and liquidation process

REAL ESTATE DEVELOPERS have welcomed the recent amendments to the insolvency law facilitating project-wise insolvency and liquidation process in the sector. They feel the new norms would bring a multitude of benefits, including faster resolutions, for various stakeholders.

Power trading to get a boost with market coupling’ plan

THE GOVERNMENT HAS decided to go ahead with a plan to introduce \"market coupling\" of power exchanges, a move that will foster competition in power trading, and help multiply the amount of electricity sold via exchanges.

FAME-III may include more EV categories

THE PROPOSED THIRD phase of the FAME scheme for promotion of emobility may have a structure broadly similar to the second phase, but may see extension of the incentives to more categories of vehicles.