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INDIA REJECTS LANCET REPORT, AFFIRMS RECORD HIGH HEALTHCARE SPENDING
As per National Health Accounts estimates for 2019-20, the key achievements in the health sector are that the total health expenditure was Rs 4,83,259 crore in 2014-15, which in 2019-20 has risen to Rs 6,55,822 crore.
Ambuja Cements acquires TN grinding unit for Rs 413.75 crore
Ambuja Cements, a subsidiary of Adani Group, has signed an agreement to acquire My Home Group's 1.5 MTPA (million tons per year) cement grinding unit in Tuticorin, Tamil Nadu.
NEPALESE TYCOON BINOD CHAUDHARY WHO SOLD WAI WAI' PLANS TO LIST INDIA UNIT BY 2026
The firm, boasting a 28% share in the local instant noodles market and generating an annual revenue of 8 billion rupees 96.2 million), is in preliminary talks regarding its listing shine. The aims is toachievea 15% revenue growth this year.”
Inox to drive southward expansion with nearly half of new screens
PVR VR Inox, India's leading multiplex operator, is strategically expanding its presence in the South Indian market to bolster operational performance amidst challenges in the cinema business.
SUMMER SIZZLES, SALES RISE, INDIAN CONSUMER FIRMS GEAR UP
Blue Star intensifies its product offerings with a plethora of new home air conditioner models, targeting a remarkable 25% revenue boost in the air conditioning segment, led by Managing Director B. Thiagarajan.
Aerospace parts maker IIG Aero raises $12 mn to hike capacity.
Bengaluru-based aerospace components manufacturer, JJG Aero, has secured USD 12 million (Rs100 crore) in inaugural funding from CX Partners which will be used primarily to increase its new facility's manufacturing capacity, further vertical integration, and other corporate initiatives.
Price pain greater in rural India due to rising rural food inflation: Crisil
Rural India continues to feel a sharper price pinch with inflation inching up in rural areas to 5.4 per cent from 5.3 per cent while urban inflation eased markedly to 4.1 per cent from 4.8 per cent.
Ramkrishna Forgings gets Rs 270 cr order for Vande Bharat train-set
Ramkrishna Forggs Limited, one of the leading suppliers of rolled, forged, and machined products has received a significant order for Vande Bharat train-set valued at INR 270 crore.
Experts see minimal impact on indian pump prices, stalemate over IMEC
The impact of Iran-Israel conflict on India does not cover a rise in petrol prices in India even as experts see a likely continuation of shipping disruptions at Red Sea and the India Middle East Corridor project remaining on paper.
INDIA'S OVERALL EXPORTS IN FY24 AT $776.68 BN PASSES FY23 NOS, TRADE DEFICIT IMPROVES 35.77%
Overall trade deficit significantly improved by 35.77 per cent to USD 78.12 billion in FY24 from USD 121.62 billion in FY23
Tech Recap: Meta AI Integrates With WhatsApp And Instagram, ChatGPT Upgraded
In this week's tech roundup, significant developments have been witnessed across various fronts.
New Movies, Shows Aim To Boost Promotion Through Social Media Snippets
Film producers and streaming platforms are adopting a new strategy to lure viewers to watch their titles at a time attention span has shrunk amid a surfeit of entertainment options.
Airlines Face Iran-Israel Risks Amid Mideast Airspace Closures
Indian airlines are altering flight paths for Europe and the Middle East due to escalating tensions between Iran and Israel
India to suspend flights to Israel amid Iran-Israel tensions
India airline companies Lare likely to announce the suspension of flight operations to and from Tel Aviv, Israel, amid rising tensions between Iran and Israel.
FAILURE OF HOME MINISTRY: SULE AFTER GUNSHOTS FIRED OUTSIDE SALMAN KHAN'S RESIDENCE
After gunshots were heard outside actor Salman Khan's residence in Mumbai's Bandra, Nationalist Congress Party (SCP) MP Supriya Sule blamed the ruling Mahayuti government in the state, calling it a \"complete failure\" of the Home Ministry.
All eyes on Nagpur, a former Cong bastion, due to 'development man' Gadkari
The battle for Nagpur Lok Sabha seat in Maharashtra is among the most watched in the country due to the presence of Union Minister Nitin Gadkari, a hardcore RSS loyalist who has a legion of admirers for his development work as well as the penchant for talking straight.
SUPREME COURT SEEKS UNION'S RESPONSE ON PLEA SEEKING FREE SUPPLY OF CHARGESHEET TO COMPLAINANTS OR VICTIMS
The Supreme Court in the case Vivek Kumar Gaurav v. Union of India observed and has issued notice on a petition filed seeking directions to authorities for free-of-cost supply of chargesheets or final reports to complainants/ victims and issuance of notice at pre-trial stage.
Delhi High Court Seeks Centre's Response On Plea Challenging Suspension Of Wrestling Federation Of India
The Delhi High Court in the case Wrestling Federation of India v. Union of India observed wherein the court sought response of the Union Ministry of Youth Affairs and Sports on a plea challenging the suspension of the Wrestling Federation of India, WFI.
Godrej locks aims for 50% market share, focuses on affordable new products
Lock and security solutions company Godrej Locks has said it aims to increase market share from 30 per cent to 50 per cent in three years, riding on a new range of affordable products and reduced prices of existing ones.
FinMin urges tighter KYC amid BoB World app scam cases
As part of a concerted effort to stem the tide of financial frauds like the BoB World app scam, the finance ministry is advocating for a more rigorous Know Your Customer (KYC) process and thorough due diligence by banks and financial institutions when onboarding merchants.
INDIA'S AUTO EXPORTS FALL 5.5% IN FY24 AMID MONETARY CRISIS
Automobile exports from India declined 5.5 per cent in FY24 due to the monetary crisis in various overseas markets
BJP's 'Modi's Guarantee 2024' Vows Jobs, Free Health for all above 70, Piped Gas to All homes
On Sunday, Prime Minister Narendra Modi released the BJP's manifesto for the upcoming Lok Sabha elections.
CITI PREDICTS STATE FISCAL DEFICITS NEAR 3.1 PER CENT OF GDP FOR FY24
According to the report, grants from the Central government to states have declined due to the absence of GST compensation funds and reduced grants Film producers and streaming platforms are adopting a new strategy to lure viewers to watch their titles at a time attention span has shrunk amid a surfeit of entertainment options.
FPIs purchase Indian stocks worth Rs 13,347 crore in April so far
Foreign portfolio invesremain net buyers for the third month in April in Indian stock markets. So far in the month, they bought stocks worth Rs 13,347 crore in India, National Securities Depository Limited (NSDL) data showed.
Markets to track geopolitical events in holiday-shortened week: Analysts
Geopolitical events, macroeconomic data, and quarterly earnings of corporates would guide the stock market in a holiday-shortened week ahead, analysts said.
BJP vows to double loan amount under MUDRA scheme
The BJP aims to double the maximum loan amount under its flagship MUDRA scheme once the party returns to power after the Lok Sabha elections.
INDIA'S FOREX RESERVES SURGE FOR SEVENTH CONSECUTIVE WEEK, ATTAIN NEW HIGH
India’s foreign currency assets FCA), the biggest component of the forex reserves, rose by USD 549 million to USD 571.166 billion, the central bank’s weekly statistical data showed.
Hyundai rides high with over 1 lakh booking
Hyundai Motor India’s best-selling SUV CRETA has garnered over 1 lakh bookings in just 3 months of its launch.
JEEP LAUNCHES NIGHT EAGLE VARIANT
Jeep India continues to excite enthusiasts with the launch of the limited-edition Jeep Compass Night Eagle.
India's retail inflation dips to 4.85% in March
India’s retail inflation declined to 4.85 per cent in March compared to 5.09 per cent in February this year, according to government data released on Friday.