For equipment upgrades, China eyes fresh $69 bn credit in tech sector

The Hong Kong-based 'South China Morning Post' (SCMP) newspaper, China has unveiled a plan to reintroduce two relending mechanisms previously utilized to mitigate the economic effects of Covid-19.

DUE TO SCALE-DOWN OPERATIONS, VISTARA FARES RISE BY UP TO 25% ON MAJOR ROUTES

Just ahead of the peak summer travel season, travel industry insiders reported a surge of approximately 20-25% in fares across key routes such as Delhi-Goa, Delhi-Kochi, Delhi-Jammu, and Delhi-Srinagar, said in a news report..

Air India addresses fabric issues in new cabin crew uniforms

According to insiders, Air India has received feedback regarding the new cabin crew uniforms, including concerns about fabric quality.

Godrej Properties' FY"24 sales reach the Rs 22,500 crore milestone

Realty firm Godrej Properties on Tuesday reported a 84 per cent increase in sales booking to a record Rs 22,500 crore in the last financial year, on higher volumes amid strong consumer demand for residential properties.

UP GOVT LIKELY TO LAY FOUNDATION STONE OF FILM CITY PROJECT AFTER LS POLLS

As per the real estate consultancy firm CBRE, the development of the first phase of International Film City in Noida is expected to generate direct and indirect employment for 10,000 people.

Govt starts buying chana from farmers at minimum price, assures stable production

The Central government has given its nod for the procurement of 1.39 lakh tonnes of Bengal gram (chana) from Karnataka during the 2023-24 rabi season under the Price Support Scheme (PSS), announced Union Minister Shobha Karandlaje on Thursday.

Govt extends date for submission of R&D proposals

The Government has extended the deadline for submission of proposals related to R&D scheme under the National Green Hydrogen Mission.

EXPECTATION OF BETTER DEMAND CONDITIONS IN Q1 FY25 LIFTS MANUFACTURERS' SENTIMENTS

The business expectations index of the survey remains firmly in growth terrain at 127.2 in QI of 2024-25.

Pakistan To Adopt National Fiscal Policy Amid Bailout Talks With IMF, Says World Bank

An mid the staggering Economic crisis in Pakistan, the World Bank has asked Islamabad to adopt a national fiscal policy by aligning federal and provincial spending with constitutional mandates, merging various federal and provincial revenue agencies into a single general sales tax (GST) collection agency, and effectively taxing agriculture, capital gains, and real estate in the next fiscal year's budget, Dawn reported on Monday.

OpenAI Transcribed Google's Youtube Videos To Train AI Models, Says Report

ОpenAI transcribed more than one million hours of YouTube videos to gather training data for its advanced GPT-4 model, disregarding copyright regulations set by the Google-owned platform.

March Sees Strong Growth In Indian Pharma Market, Up By 9.5%

The Indian pharmaceutical market (IPM) experienced a notable 9.5 percent increase in sales in March, reflecting robust value growth across various therapy segments, except for respiratory.

China's Pla Enhances The Capability Of Its Helicopter Fleet

Its armament features a cannon, likely of 23mm caliber, as well as a pair of stub wings that each possess three weapon stations for rockets and missiles

Muthoot Microfin AUM jumps 32% to Rs 12,194 cr as of March

In the quarter ending on March 31, 2024, Muthoot Microfin, a microfinance institution based in Kochi, witnessed a remarkable 32% year-on-year growth in its assets under management (AUM).

ED OPPOSED MANISH SISODIA'S BAIL IN DELHI EXCISE SCAM, SAYS DELAY IN TRIAL CAUSED BY ACCUSED PERSONS NOT PROSECUTION

The Enforcement Directorate, ED opposed the bail petition moved by Aam Aadmi Party, AAP leader Manish Sisodia in the money laundering case which is connected to the alleged liquor policy scam.

Supreme Court awaits Maharashtra's response on Pradeep Sharma's bail plea

Former Mumbai Police officer Pradeep Sharma received temporary relief from the Supreme Court on Monday, allowing him to avoid surrendering until further orders regarding the life sentence he faces in a 2006 fake encounter killing case.

Pay double property tax from May 1 for Marathi signboard violation, says Mumbai's civic body

Mumbai's civic body announced on Monday that shops and establishments failing to display signboards in Marathi or Devanagari script will face a penalty of double property tax starting May 1. The Brihanmumbai Municipal Corporation (BMC) also stated its decision to revoke the licenses of illuminated boards (glow signs) lacking Marathi or Devanagari lettering, with renewal fees ranging from Rs 25,000 to Rs 1.5 lakh.

IIT MADRAS LAUNCHES RESEARCH FOUNDATION TO DRIVE GLOBAL ASPIRATIONS

Indian Institute of Technology Madras (IIT Madras) is launching the IIT Madras Research Foundation to drive its global aspirations.

Supreme Court Stayed Trial Against TN Minister Periyasamy In Corruption Case

The Supreme Court in the case I. Periyasamy vs. the State Directorate Of Vigilance And Anti-Corruption observed and has stayed the trial against Tamil Nadu Rural Development Minister I Periyasamy in a corruption case.

Supreme Court: Karnataka's Plea For Drought Relief: AG & SG Agree To Get Instructions From Union Govt

The Supreme Court in the case State Of Karnataka Versus Union of India And Ors. observed wherein the writ petition is filed by the Karnataka government alleging that the Centre was denying it financial assistance for drought management, the Attorney General and the Solicitor General told the Supreme Court that they would get instructions from the Union Government.

SUPREME COUT ASKS TN DGP TO TAKE ACTION AGAINST ERRING POLICE OFFICERS: 'POLICE CANNOT BE ALLOWED TO TUTOR PROSECUTION WITNESS'

The Supreme Court in the case Manikandan versus State by the Inspector of Police observed while rebuking Tamil Nadu Police for tutoring the witnesses to depose against the accused, the court directed the Tamil Nadu's Director General of Police to make an enquiry into the conduct of the police officials of tutoring witnesses at the concerned Police Station and also to take action against the erring police officials in accordance with the law.

Realme targets top spot in Rs 15-25k segment with P series launch

Smartphone maker Realme India aims to garner the highest share in the Rs 15,000-25,000 mobile phone segment this year with the launch of a new portfolio of devices under P series, a senior company official said.

HYUNDAI MOTOR & KIA FORGE STRATEGIC P'SHIP WITH EXIDE ENERGY FOR EV BATTERY PRODUCTION IN INDIA

Exide Industries surged 13% to hit a record high of INR 363.35 after South Korean auto giants Hyundai Motor Company and Kia Corporation announced a partnership with Exide Energy Solutions Ltd, a subsidiary of Exide Industries for electric vehicle battery localisation in India.

INR 531 trillion boom,mobile wallets set to dominate India by 2028

Mobile wallet adoption Lis witnessing a rapid surge in India, emerging as the preferred payment method over traditional options such as cash and cards.

Strong sales for Godrej in Gurugram, 1,050 homes sold in just 3 days

In a remarkable achieveLment, Godrej Properties, a leading developer, has announced the sale of over 1,050 homes valued at more than Rs 3,000 crores in its project, Godrej Zenith, situated in Sector 89 of Gurugram.

AIR INDIA, BIAL PARTNER TO CREATE SOUTH INDIA'S TOP AVIATION HUB

Air India and Tata Group airlines will partner with BIAL to improve airport services and connectivity at Bengaluru's Kempegowda International Airport, including setting up an exclusive lounge for premium passengers

BSE market capitalization soars past Rs 400 trillion mark amid record-breaking Nifty and Sensex

The market capitalization of BSE-listed companies hit a historic milestone, surpassing Rs 401.10 trillion on Monday morning, driven by a remarkable rally in equities. This marks the first instance of BSE-listed companies crossing the coveted Rs 400 trillion mark, fuelled by the 30-share BSE Sensex scaling its lifetime peak.

RBI calls for enhanced participation of Indian banks in global markets

The Governor of Reserve Bank Shaktikanta Das has called for enhanced participation of Indian banks in global markets, which will growing, is yet quite small, and expressed concern over participation of domestic banks in derivative markets remaining limited with only a small set of active market makers.

MODEST GROWTH OF 3.14% IN RETAIL SALES, PVS DIP 6%,2W & 3W SOAR: FADA

In FY24, auto retail sales saw sector-wide growth, leading to a 10 per cent yoy growth, with the 2W segment registering growth rate of 9 per cent, 3W segment growing by 49 per cent, PVs by 8.45 per cent, tractors by 8 per cent and commercial vehicles by 5 per cent respectively.

India-Singapore trade: $35.6B, up 18.2% in FY 2022-23

As senior diplomat from the Indian High Commission in Singapore reported that bilateral trade between Singapore and India surged to USD 35.6 billion in 2022-23, marking an 18.2 percent increase from the previous year.

Latur couple transforms lives of underprivileged children

In a nondescript village in Maharashtra's Latur district, a couple has created a haven for underprivileged children to educate them and make them self-reliant, and they are now proud parents to 51 boys and girls.