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OVER 59K INDIANS ACQUIRED US CITIZENSHIP LAST YEAR, MAKING UP 6.7 PC OF NEW CITIZENS
Further, according to report, 44,800 5.1%) of newly enlisted American citizens were from Philippines 35,200 4%) from Dominican Republic
Signature Global answers surging demand: Housing project to rise in Gurugram
Real estate company Signature Global has joined forces with the landowner to undertake a housing project spanning 20 acres in Gurugram, with an estimated revenue potential of Rs. 4,500 crore, aligning with its expansion strategy. Under a Joint Development Agreement (JDA), Signature Global has secured 20.32 acres of land located in Sector 71, Southern Peripheral Road, Gurugram.The total development potential on this land is 28.4 lakh square feet of residential space.
Park hotels makes impressive stock market debut, up 20% premium
Park Hotels made its debut on the exchanges on Monday with a 20% premium. Its stock opened at Rs. 186 on the BSE, surpassing its initial public offering (IPO) price of approximately Rs. 155.
Maruti Suzuki expands horizons: Ventures into electric air copters
Maruti Suzuki, the country's leading automobile manufacturer, is entering the realm of electric air copters.
Vedanta aluminium demerger set for completion in 9-12 months
Vedanta is actively pursuing the demerger of its core businesses, such as aluminium, into distinct listed entities, with expectations for completion within the next nine to twelve months, as stated by a senior company official.
SPICEJET SHARES PLUMMET 5% AMID LAYOFF RUMORS
SpiceJet drops 5% after report says airline mulls laying off 1.4K employees
Assam Unveils ₹2.9L Cr Budget
The Assam government Tunveiled a budget of Rs 2.9 lakh crore for the financial year 2024-2025, presenting a deficit of Rs 774.47 crore and proposing no new taxes.
India boosts Urea output 12%, but sales stagnant
India's urea production increase of over 12% during the first nine months of the current financial year (FY24), according to data sourced from industry insiders. Despite this surge in production, urea imports have seen a slight decrease compared to the previous year, while sales have remained relatively stagnant.
Pradhan Launches IIT-Bhubaneswar's 100 Rs.100 Cr Startups Push
Union Education Minister Dharmendra Pradhan launched a pioneering initiative on Sunday, unveiling the Research and Entrepreneurship Park at IIT-Bhubaneswar. The ambitious project aims to nurture and support the creation of 100 startups, each with a valuation of Rs 100 crore, by the 100th anniversary of Odisha in 2036.
PM MODI DISTRIBUTES 1 LAKH JOBS, HAILS "COMPLETELY TRANSPARENT" RECRUITMENT PROCESS
PM praised youth dedication, criticized past administrations for slow job allocation, highlighting his government's transparency and efficiency in recruitment
PM Modi jointly inaugurates UPI services with Mauritius PM, Lankan Prez
India's Unified Payments Interface (UPI) on Monday witnessed a significant cross border leap aligning with India's 'Neighbourhood First' policy, with Prime Minister Narendra Modi along with the President of Sri Lanka Ranil Wickremesinghe and Prime Minister of Mauritius Pravind Jugnauth jointly inaugurating the launch of the UPI services in Sri Lanka and Mauritius as well as RuPay card services in Mauritius via video conferencing. The will benefit a wide cross-section of people through a faster and seamless digital transaction experience and enhance digital connectivity between the countries.
STUDENT HOUSING STARTUP AMBER SECURES $21 MILLION
Amber, a student accommodation platform founded in 2017 by Saurabh Goel and Madhur Gujar, has secured $21 million in its first round of institutional funding. The investment, led by Mumbai-based private equity firm Gaja Capital, includes $18.5 million in fresh equity and the remaining portion in venture debt from Lighthouse Canton and Stride Ventures.
India's vegetable oil imports dropped by 28%, in January
India's vegetable oil imports witnessed a significant decline of 28% in January, totaling 12 lakh tonnes compared to 16.61 lakh tonnes during the same period last year, as reported by the Solvent Extractors Association of India (SEA). imports witnessed a significant decline of 28% in January, totaling 12 lakh tonnes compared to 16.61 lakh tonnes during the same period last year, as reported by the Solvent Extractors Association of India (SEA).
25 million jobs for industry status, says Kant
India's G20 Sherpa, Amitabh Kant, addressed participants at the 6th Hoteliers' Conclave organized by the Hotel Association of India (HAI), advocating for the tourism industry to emphasize its role as a significant job creator. Kant emphasized the need for the sector to communicate its potential to politicians, particularly stressing the creation of 25 million jobs by 2030.
RETAIL INFLATION DIPS TO 5.1% IN JAN '24, RED SEA RISKS AT LARGE
The RBI has maintained its FY24 (year ending March 2024) CPI inflation forecast of 5.4 per cent y-o-y, with its forecast for Q4 (January-March 2024) at 5.0 per cent (from 5.2 per cent previously)
Why China Is Limping Into The Year Of The Dragon
The GDP deflator, which provides the broadest gauge of price movements within the economy, has experienced a decline over the past three consecutive quarters, marking the lengthiest downward trend since 1999.
'Why no BJP leader has faced action by ED since party came to power?': Sharad Pawar
Founder of the Nationalist Congress Party (NCP), Sharad Pawar, asserted on Sunday that no leader from the Bharatiya Janata Party (BJP) has faced action from the Enforcement Directorate (ED) during the party's tenure in power.
SHIV SENA MLA'S UNUSUAL COMMAND TO KIDS: NO MEALS IF PARENTS DON'T VOTE FOR ME
An MLA of the Eknath Shinde-led Shiv Sena has courted controversy by asking children not to eat for two days if their parents don't vote for him.
BOMBAY HIGH COURT: FORMER MUMBAI NCB ZONAL DIRECTOR SAMEER WANKHEDE APPROACHED THE COURT FOR PROTECTION FROM ARREST IN ED'S MONEY LAUNDERING CASE
Former Mumbai NCB Zonal Director Sameer Wankhede has approached the Bombay High Court wherein seeking protection from coercive action amongst other reliefs in the Enforcement Directorate’s,
SUPREME COURT: MERE DELAY IN COMPLYING WITH THE COURT'S ORDER DOES NOT AMOUNT TO CONTEMPT UNLESS IT'S DELIBERATE AND WILFUL
The Supreme Court in the case Sri L.V. Subrahmanyam, IAS, Principal Secretary, Medical and Health Department Government Of Andhra Pradesh versus The Registrar General, High Court of Judicature at Hyderabad, For The State of Telangana And For The State Of Andhra Pradesh And Anr. observed that the mere delay in complying with the order of the court would not amount to committing contempt of court.
Intel India: No semiconductor fab plans, focus on AI
Computer chip maker Intel, has no plans to set up a semiconductor plant or any type of manufacturing unit in the country at present, said the company’s India business head, Santhosh Viswanathan on Friday.
JSW Group signs MoU for Rs 40,000 cr EV project in Odisha
The JSW group on Saturday signed a Memorandum of Understanding with the Odisha government for establishment of an Integrated Electric Vehicle (EV) and EV Battery manufacturing project at an investment of Rs 40,000 crore in the state.
INDIAN BIOGAS ASSOCIATION TO INVEST RS 30K CR TO CUT IMPORTS
Indian Biogas Association has recommended an investment of Rs 30,000 crore for machinery and equipment required for biomass supply to compressed
Hyderabad’s transportation boost: CM Revanth Reddy unveils 100 new buses
Hyderabad’s transportation boost: CM Revanth Reddy unveils 100 new buses
PM MODI TO INAUGURATE RS 7,300 CR PROJECTS IN MADHYA PRADESH
PM Modi inaugurated and laid the foundation stone for developmental projects worth Rs 7500 crore in Madhya Pradeshs
Inflation, industrial production data to drive mkt trends
Stock markets are poised to react to a variety of factors in the coming days, with analysts highlighting upcoming macroeconomic data releases and global trends, along with monitoring foreign investors' trading activity.
ONGC NET PROFIT FALLS 14 PER CENT TO RS 9,536 CR ON LOWER OIL PRICES
On Sunday, state-owned Oil and Natural Gas Corporation (ONGC) reported a 14 per cent decline in net profit for the third quarter ended 31 December 31, attributed to a fall in oil and gas prices.
Mkt-cap of 4 most valued firms jumps Rs 2.18 trillion
Last week witnessed significant fluctuations in the market, with four of the top-10 most valued firms collectively adding Rs 2.18 lakh crore in market valuation.
Adani Ports leads in climate actions and environmental performance
Adani Ports and Special Economic Zone Ltd. (APSEZ) has secured the top position for its climate actions and environmental performance in assessments done by four global rating agencies.
DIRECT TAX COLLECTION HITS 80 PER CENT OF REVISED FY24 TARGET AT RS 15.60 TRN
Current fiscal’s net direct tax collection surged 20 per cent year-on-year to Rs 15.60 lakh crore, hitting 8O per cent of revised full-year budget estimates.