DAE signs new $420M 5-yr unsecured term loan

Dubai Aerospace Enterprise Ltd. (DAE) has recently inked a USD 420 million 5-year unsecured term loan deal with China Construction Bank (DIFC Branch) and China Construction Bank (Asia) Corporation Limited (CCB), aimed at bolstering the future financial endeavors of the company.

Patanjali MD Balkrishna submits apology to SC in misleading ads case

Patanjali Ayurved and its Managing Director Acharya Balkrishna has submitted an official apology to the Supreme Court regarding its misleading advertisements targeting evidence-based medicine.

METAVERSE REVENUE SURGES 6.2% IN 2023: S&P GLOBAL REPORT

Global metaverse revenue grew 6.2 per cent year on year to an estimated USD 19.26 billion in 2023 as core products around gaming and workflow digitization continued to pick up steam

PIB establishes fact check unit for online content monitoring

The Centre on Wednesday notified the fact check unit under the Press Information Bureau (PIB) to monitor online content pertaining to the government for accuracy.

Steady crude oil processing at 20.9 MMT in Feb: PPAC

Crude oil volumes processed by Indian refiners remained steady in February at 20.9 million metric tonnes (MMT), data released by the Petroleum Planning and Analysis Cell (PPAC) on Wednesday showed.

EXPLORING HOW JAPAN'S MEDICAL TECHNOLOGY FUELS INDIA'S HEALTHCARE LANDSCAPE

Statistics suggest that India has approximately 2.8 million hospital beds, including both private and public. Therefore, there are 1.7 beds per 1,000 people in comparison with developed nations that have around 2.5 to 3.

Himadri specialty chemical acquires 40% stake in Lithium-Ion materials firm

The company informed the stock exchanges that it acquired the 40 per cent stake in Kolkata-based Invati Creations for Rs 45.16 crore through a combination of cash and a share swap deal.

INDIAN BANKING SECTOR IMPROVES: STRONG ASSET QUALITY, HIGH CREDIT GROWTH

Indian banking sector continues to improve with better asset quality, high credit growth: Survey. The survey findings showed that long term

M&M and Adani team up to build nationwide EV charging network in India

Mahindra & Mahindra has announced a partnership with Adani Total Energies E-Mobility Ltd (ATEL) to establish electric vehicle (EV) charging infrastructure across India.

Stock market soars on US Fed rate cut signal, Sensex up 539 points, Nifty above 22,000

On Thursday, the Indian stock market witnessed a significant surge, with benchmark Sensex rallying 539 points and Nifty closing above the 22,000 level.

India imports 212 million tonnes of coal between April and January

In the ongoing fiscal year, India has witnessed a marginal increase of 1.65 percent in coal imports, reaching 212.24 Million Tonnes during the April-January period, as compared to 208.78 MT in the corresponding period of the previous fiscal year.

India to intensify start-up engagement, host 5th edition of Forum in Jan'25

The fourth edition of the Shanghai Cooperation Organisation Startup Forum is looking to catalyse innovation and collaboration among startups as member states turn focus on broadening startup interactions among themselves, fostering an environment conducive to innovation, promoting job creation and inspiring young talent to develop innovative solutions.

NIVEDITA MUKHERJEE NEW DELHI

The manufacturing upturn was led by the fastest expansions in factory orders and production, pressure on operating capacities also intensified, highlighted by a quicker uptick in backlogs, which in turn supported job creation

End of an era: Mumbai's historic Rattan Kunj bungalow demolished

The iconic Rattan Kunj bungalow, standing for 124 years near the Versova coast, was razed to the ground on Tuesday, marking the end of an era in Mumbai's history.

BMC initiates investigation into tragic drowning of two children in Wadala water tank

Following the heartwrenching discovery of the bodies of two minors who drowned in an open water tank at the Maharshi Karve Garden in Wadala, the Brihanmumbai Municipal Corporation (BMC) has launched its own probe into the incident.

JAPAN MAKING BEER CHEAPER, ENCOURAGING BETTER TASTE AND BIZ

In Japan, some 4,600 supermarket goods have increased in price this month as a result of the food and beverage industry's continued costpassing amid a once-in-ageneration inflation surge. But one noteworthy exception is beer.

India, UAE look to iron out investment issues at joint task force meet during Goyal visit

India and the United Arab Emirates are all set to discuss issues and challenges pertaining to existing Investments, both, made by UAE companies in India, and investments made by Indian companies in UAE.

Deloitte announces major Business simplification in a decade

Deloitte will trim its main business units to four from five in a bid to cut costs ahead of an expected slowdown, about the accounting giant that employs more than 455,000 people worldwide.

AIR INDIA CEO: INDIA'S AVIATION BOOM CALLS FOR ADDITIONAL HUBS

India’s aviation boom could support more hubs, says Air India CEO Wilson. There aren’t many other markets like India in the world. Northern

Zomato's Pure Veg Fleet' to Keep Red uniforms despite earlier announcement

Amid an outcry over its announcement of a 'pure veg' fleet, Zomato has said all its delivery partners will continue to wear red, rolling back its decision to introduce a green uniform for those delivering food to vegetarians under the new service.

Google Fined Rs 50 mm in French News publisher dispute

AIphabet Inc.'s Google has been fined ₹250 million ($271 million) by France's competition watchdog for failing to broker agreements with media outlets for publishing links to their content and for plundering press content to train its AI technology.

NABARD projects Rs 2.43 lakh crore credit disbursement for Bihar in FY 2024-25

The National Bank for Agriculture and Rural Development (NABARD) has revealed a substantial credit potential of Rs 2,43,093 crore for Bihar in the fiscal year 2024-25.

Study forecasts 600 kt solar waste in India by 2030

A recent study conducted by the Ministry of New and Renewable Energy in collaboration with the independent think tank Council on Energy, Environment and Water (CEEW) has shed light on a concerning issue: India's burgeoning solar waste problem.

Indian farmers get new weapon against termites, Insecticides Ltd launches 'Turner'

Insecticides (India) LLtd continues to make strides in the agricultural sector, with Managing Director Mr. Rajesh Aggarwal expressing the company's determination to sustain its impressive 15% revenue growth witnessed in the first nine months of the fiscal year (9MFY24) for the remainder of the year.

NHAI completes largest monetisation of over Rs16,000 cr through InvIT

National Highways Infra Trust (NHIT) has successfully concluded fundraising for national highway stretches of aggregate length of 889 kilometers.

Kiren Rijiju assumes supplementary responsibilities in the Ministry of Food Processing Industries

Kiren Rijiju, the Minister of Earth Sciences, has assumed additional responsibilities as the Union Minister of Food Processing Industries following the acceptance of the resignation of Union Food Processing Industries Minister Pashupati Kumar Paras by President Droupadi Murmu on Wednesday.

Gross direct tax collections for FY 2023-24 grows 18.74 %

The provisional figures of direct tax collections for the financial year 2023-24 (as on 17 March 2024 show that net collections are at Rs18,90,259 crore, compared to Rs 15,76,776 crore in the corresponding period of the preceding financial year FY 2022-23), representing an increase of 19.88 per cent.

India's direct sales market tops rs 21,000 crore after 12% growth

The Indian Direct Selling Association (IDSA) released its annual survey report on Wednesday, revealing a notable growth of over 12% in the direct selling industry in India for the fiscal year 2022-23. The gross industry turnover reached Rs 21,282 crore, showcasing a positive trend compared to the previous year.

UPI RECORDS RS 18.2 LAKH CRORE TRANSACTIONS IN INDIA IN FEBRUARY

NPCI data shows daily UPI transactions average between Rs 40,000 to Rs 80,000 crore. NEFT and RTGS transactions average Rs 33.85 lakh crore and Rs 146 lakh crore, respectively

Ex-Police officer Pradeep Sharma sentenced to life imprisonment in fake encounter case

In a significant verdict, the Bombay High Court on Tuesday sentenced former policeman Pradeep Sharma to life imprisonment for his involvement in the fake encounter of Ramnarayan Gupta, an alleged close associate of gangster Chhota Rajan in 2006, in Mumbai.