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SAIL-Bhilai to establish Chhattisgarh’s first 15-MW floating solar plant
The Bhilai Steel Plant (BSP), a Chhattisgarhbased unit of the state-owned Steel Authority of India Limited SAIL), is set to inaugurate the state’s inaugural 15-megawatt MW) floating solar project at its Maroda-1 reservoir to enhance its environmental sustainability.
Retail growth in India fueled by Tier 2 cities as key drivers
Ke Frank India, a property consultancy firm, reveals that India’s Tier 2 cities, notably Lucknow, are asserting themselves as pivotal players in the nation’s retail landscape, claiming an impressive 18.4% share of gross leasable area.
KEJRIWAL UNVEILS GUARANTEE’ FOR LS POLLS: AAP’S PLEDGE FOR CHANGE
On KejriwalkiGuarantee”, hesaid24X7 power supply, good education and health facilities, and arranging two crore jobs for youths every year are part of it
State-owned retailers IOC, BPCL, HPCL record Rs 81,000 er profit in FY24
State-owned fuel retailers Indian Oil Corporation, Bharat Petroleum Corporation Ltd, and Hindustan Petroleum Corporation Ltd collectively recorded robust profits amounting to approximately Rs 81,000 crore in FY24.
March records 449 Infra projects with Rs 5.01 trillion cost overrun: MoSPI
An official report revealed that in March 2024, a total of 449 infrastructure projects, each requiring an investment of Rs 150 crore or more, experienced a cost overrun exceeding Rs 5.01 trillion.
MODI GOVT AIMS TO REVIVE 14 CLOSED SUGAR MILLS: BIHAR DEPUTY CM
Bihar Deputy Chief Minister Samrat Choudhary on Sunday said that the Modi government was working to restart 14 sugar mills that were closed in the past
GreenCell Mobility gets green financing for UP e-bus project
GreenCell Mobility, a pioneer in electric mass mobility sector, has secured green financing from leading Japanese financial institution Sumitomo Mitsui Banking Corporation (SMBC) for its transformative electric bus project in Uttar Pradesh.
TVS Motor records highest sales in FY2024
Chennai based TVS Motor Company’s revenue from operations in the fourth quarter (Q4) ended March 2024, grew by 24 per cent at Rs 8,169 crore against Rs 6,605 crore in the quarter ended March 2023.
Yamaha unveils vibrant colours in FZ-S Fi version 4.0 DLX
India Yamaha Motor (IYM) has introduced exciting new colour shades in its popular streetfighter model, FZS-S Fi Version 4.0 DLX for the young riders of today.
HONDA INAUGURATES GREEN R&D FACILITY IN BENGALURU
Honda Research and Development, a subsidiary of Honda Motor Co and functioning as Honda’s research and development arm for motorcycles and power products in India, has opened its new solution R&D centre in Bengaluru, Karnataka.
BMW Motorrad tie-up with KUN Motorrad in Coimbatore
KUN Motorrad has been appointed as the BMW Motorrad dealer partner in Coimbatore. The dealership is located at No. 1247 & 1248 Mettupalayam Main Road Coimbatore and is headed by U Venkatesh, Dealer Principal, KUN Motorrad.
UNCERTAINTY OVER ELECTION RESULTS WILL KEEP MARKET VOLATILE: EXPERTS
The Nifty-50 Index and Sensex both experienced losses of around 3 percent each over the past week, while the mid-cap index saw a decline of 3.9 percent. The Indian market has been consistently under pressure from selling by investors, leading to significant volatility in the past week.
Delhi Court denies to extend interim bail of Supertech chairman
Delhi’s Patiala House Court has rejected the plea filed by Supertech chairman and promoter RK Arora, who sought a further 90-day extension of interim bail on medical grounds. Arora was apprehended in June last year in connection with a money laundering case.
UAPA CASE: ALLEGED IM CO-FOUNDER GRANTED BAIL
The Delhi High Court has granted bail to Abdul Subhan Qureshi, co-founder of the banned terror organization Indian Mujahideen (IM), in a terror case.
ATTEMPT TO MURDER: INDORE COURT ISSUES ARREST WARRANT AGAINST AKSHAY BAM
A sessions court in Indore (Madhya Pradesh) has issued an arrest warrant against local businessman Akshay Bam and his father in connection with a 17-yearold attempted murder case. Bam recently made headlines for withdrawing his nomination from the Indore Lok Sabha seat as a Congress candidate and subsequently joining the Bharatiya Janata Party (BJP).
LS POLL SLOWS DOWN CV VOLUME GROWTH
India’s general elections are slowing down the commercial vehicles Iare slowing down the commercial vehicles (CV) industry with volumes for the domestic CV industry remaining muted as the base effect catches up and amidst a perceived pause in the infrastructural activities as the model code of conduct kicked in ahead of the polls.
DEMAND FROM OEMS IN PV, 2W TO PUSH UP TYRE VOLUMES BY 4-6%
India’s domestic tyre volume growth is expected to moderate to 4-6 per cent in FY2025 from an estimated 6-8 per cent in FY2024 on the back of elevated base and subdued growth in the commercial vehicle (CV) segment.
TaMo Group to power up FY2025 on luxury segment demand
With record revenues on a consolidated basis, both for the fourth quarter ended 31 March Q4 and financial year 202324 that saw the Tata Motors Group deliver its highest ever revenues, profits, and free cash flows, the automobile major is confident of delivering a strong performance in FY25 even as it remains cautiously optimistic on domestic demand over the full year FY2025 and expects the first half of the fiscal to be relatively weaker.
India's forex reserves rise USD 3.7 billion
Post three consecutive weeks of decline, India’s foreign exchange reserves rose again by USD 3.668 billion to USD 641.590 billion in the week that ended on May 3, RBI data showed.
Monsoon holds key for RBI's future monetary policy actions
As parts of India witness heatwaves this summer, chances of the Reserve Bank of India (RBI) cutting key interest rates have also diminished.
India's defence sector has ordering opportunities for $138 bn over 10 years
India’s defence sector holds a lucrative ordering opportunity of USD 138 billion over FY24-32 amid the escalating demand for defence equipment, technologies, and services, offering significant prospects for companies engaged in defence production and technology development, according to a report titled ‘India Defence’ by Nomura.
SURGE IN EXPORTS TO EU, PUSH INTO AFRICA, GCC SIGNAL INDIA'S SHIFT
India’s merchandise exports seem to have weathered the headwinds quite well so far amid heightened geopolitical tensions that have rendered the global environment highly uncertain but while support continues from some of its traditional large export partners such as Europe and the Gulf Cooperation Council (GCC) – as per destination-wise trade data of the Government and industry -- shipments to the US -- India’s largest exporting destination – declined marginally in fiscal 2024 which is prompting New Delhi to scout for new partners across untapped geographies.
FOCUS NEEDED ON INTEREST SUBVENTION PLAN: FIEO CEO
Director General & CEO, Federation of Indian Export Organisations (FIEO) Ajai Sahai shares with The Sunday Guardian his hope to see the interest subvention scheme find its place in the Government’s 100-day agenda and the relevance of the scheme amidst global disruptions here are some excerpts.
Australia fights Musk's platform over control of online content
In a courtroom battle that underscores the complex interplay be tween global tech giants and national regulatory frameworks, Elon Musk’s X, formerly known as Twitter, finds itself at odds with Australian law over the removal of graphic content depicting a terrorist attack.
'Cong leader alleges Modi's overtures to NCP, Sena reflect uncertainty
Maharashtra Congress president Nana Patole on Friday said Prime Minister Narendra Modi’s suggestion to opposition outfits NCP (SP) and Shiv Sena (UBT) shows he is unsure of retaining power after the Lok Sabha polls.
'Lowered level of political discourse': CM Shinde flays Pitroda over racist remark
Tearing into former Indian Overseas Congress chairman Sam Pitroda over his racist remark against Indians, Chief Minister Eknath Shinde on Friday said his statement ‘lowered’ the level of political discourse in the country.
Sharad Pawar, Uddhav should join Ajit, Shinde instead of 'dying' with Congress: PM Modi
Prime Minister Narendra Modi on Friday said the ‘’duplicate NCP and Shiv Sena’’ have made up their minds to merge with the Congress after the June 4 Lok Sabha election results, but should instead join Ajit Pawar and Eknath Shinde.
1993 MUMBAI BLASTS CONVICT CAMPAIGNING FOR MVA.' PM MODI SLAMS UDDHAV
Calling the Uddhav Thackeray's Shiv Sena (UBT) \"nakli,\" Prime Minister Narendra Modi attacked the party on Friday and said that the fake Shiv Sena people are campaigning with the convict of 1993 Mumbai bomb blasts case for the sake of the votes.
SC: Section 49 Does Not Bar Jurisdiction of Civil Courts To Determine Ownership Rights UP Consolidation Of Holdings Act
The Supreme Court in the case Prashant Singh And Ors Etc. Versus Meena And Ors.
Plea In Supreme Court Seeks ECI Action Against Alleged Hate Speeches Of PM Modi, Anurag Thakur And BJP
The Supreme Court in the case Dr. Emani Anantha Satyanarayana Sarma & Anr v. Election Commission of India & Anr observed where in the writ petition has been filed seeking directions to the Election Commission of India, ECI to initiate appropriate action against hate speeches being delivered by political campaigners, especially those which being on behalf of the Bharatiya Janata Party, BJP for the 2024 General Elections.