ITT KGP, Ericsson partner for AI and tech research

IIT Kharagpur and Ericsson have forged a significant partnership aimed at advancing research in artificial intelligence (AI), computer technology, and radio communication, an IIT KGP spokesperson said on Saturday.

ONGC, IOC, OTHER OIL PSUS TO INVEST RS 1.2 TRILLION IN FY25

IOC’s planned investment is lower than the expenditure of Rs 31,254 crore in the ongoing fiscal year 2023-24.

BoM records highest growth in deposit mobilisation among PSU banks in Q3

Bank of Maharashtra (BoM) has emerged as a standout performer in the public sector banking landscape, achieving the highest growth rate in deposit mobilization during a challenging period when most lenders struggle to achieve double-digit growth.

PM Modi unveils Rs 11,600 crore multiple projects in Guwahati

On Sunday, Prime Minister Narendra Modi inaugurated and laid the foundation stone for projects worth Rs 11,599 crore here in Guwahati.

PENALTIES LOOM FOR TOBACCO MAKERS IGNORING GST MACHINERY REGISTRATION

The Finance Bill 2024 proposes changes to the Central GST Act aimed at addressing revenue leakage within the tobacco manufacturing sector

US raises costs for H-1B, EB-5 more visas in fee hike

The United States has declared a significant hike in fees for several non-immigrant visa categories, including the widely used H-1B, L-1, and EB-5 visas.

Pakistan's economic woes worsen as inflation hits 28.5 per cent

Amidst an ongoing economic crisis, Pakistan’s caretaker government has revised its inflation projection, anticipating a staggering 28.5% inflation rate for January.

Asian factories sputter as China's demand weakens

In January 2024, Asian factories faced a mixed performance, with varying outcomes across the region.

Byju’s faces investor revolt, EGM seeks urgent board fix

In a recent development, investors of edtech giant Byju’s have reportedly expressed concerns about the founder, Byju Raveendran’s active involvement in the day-to-day operations of the company, according to undisclosed sources.

JAN SEES FPIS POURING OVER RS 19,800 CRORE INTO INDIA'S DEBT MKT

Official data from depositories reveled that investors pulled out Rs 25,743 crore from Indian equities during the reviewed period, citing elevated bond yields in the US.

ROYAL ENFIELD CLASSIC 350 FLEX FUEL SHOWN AT BHARAT MOBILITY

Royal Enfield, the popular Chennai-based motorcycle manufacturer, is planning to introduce a new variant of its well-loved Classic 350 model. This new model, called the Classic 350 Flex Fuel,' was recently showcased at the Bharat Mobility Global Expo in New Delhi.

NYKAA UNVEILS AWARDS TO RECOGNISE EXCELLENCE IN INDIAN BEAUTY MARKET

Spotlighting consumers' favourite brands with an aim to set new benchmarks in the world of beauty, India's most preferred and trusted destination for beauty and lifestyle, Nykaa, today announced the launch of NYKAA BEST IN BEAUTY AWARDS.

Steel Maker Goodluck India's net profit grows 72 per cent in Q3

Steel products maker Goodluck India Ltd on Saturday posted a 72 per cent rise in its consolidated net profit at Rs 31.75 crore during the quarter ended December 2023, aided by higher income.

MONEY LAUNDERING CONCERNS LED TO BAN ON PAYTM BANK

Money laundering concerns and questionable dealings of hundreds of crores of rupees between the popular wallet Paytm and its lesserknown banking arm had led the Reserve Bank of India to clamp down on tech poster boy Vijay Sekhar Sharmarun entities, sources said.

DELHI COURT PERMITS SANJAY SINGH TO TAKE OATH AS MP

Delhi's Rouse Avenue Court on Saturday granted permission to Aam Aadmi Party (AAP) MP Sanjay Singh to take oath as Rajya Sabha MP on February 5, 2024, while in custody in the Delhi Excise Policy money laundering case.

Brij Bhushan seeks discharge in sexual harassment case

BJP MP and former WFI chief Brij Bhushan Sharan Singh has sought to be discharged in the sexual harassment case filed against him by women wrestlers, citing a delay in reporting the alleged offense and contradictions in the complainants' statements.

PAKISTAN COURT SENTENCES IMRAN KHAN AND BUSHRA BIBI TO SEVEN YEARS' IMPRISONMENT

A Pakistan court on Saturday sentenced incarcerated former Prime Minister Imran Khan and his wife Bushra Bibi to seven years imprisonment in the ‘unIslamic nikah’ case, just days before the upcoming general elections on February 8.

APPOINTMENT OF CHIEF JUSTICES FOR 7 HCS

The Ministry of Law and Justice has notified the appointment of Chief Justices for several High Courts, including Meghalaya, Allahabad, Gauhati, Orissa, Uttarakhand, Rajasthan, and Punjab and Haryana.

Budget rides on Modinomics in election year

During the introduction of the first Budget by the NDA government in 2014, the then Finance Minister, Arun Jaitley, assured Parliament that under the leadership of Prime Minister Narendra Modi, the Government would leave no stone unturned in creating a strong and vibrant India.

AMRIT RAAL BUDGET 2024 FOR VIKSIT BHARAT 2047

The Union budget 2024-25 unveils an idea of Viksit Bharat spearheading towards holistic and integral development with a continuous thrust on infrastructure and capital expenditure, nurturing the startup ecosystem, fostering research and development, and focusing on clean energy and green growth.

Mahindra, Force Motors, Honda's mobility innovations showcase 'Make in India' strength

The Government’s mission of Make in India for the World’ reflected strongly at the Bharat Mobility Global Expo 2024 with the automobile industry witnessing ground-breaking mobility offerings, solidifying India’s position as a cradle of automotive innovation.

HYUNDAI, TATA MOTORS JANUARY SALES POST PROFITS

Hyundai Motor India has started the year 2024 by posting robust total sales of 67 615 units in January 2024.

PM Modi visits TVS Motor Company pavilion

Chennai-based TVS Motor Company (TVSM) on Friday showcased its ‘made in India, made for the world’ mobility solutions in the two and three-wheeler segments to Prime Minister Narendra Modi who visited the global automaker’s pavilion at the Bharat Mobility Global Expo 2024.

AUTO INDUSTRY TO PLAY KEY ROLE IN INDIA'S RISE

Over 800 exhibitors from 50+ countries participated at Global Expo 2024

DPIIT RECOGNISES 117,254 STARTUPS IN DEC 2023

Sustained efforts by the Government to build a strong ecosystem for nurturing innovation have led to a substantial increase in the number of startups recognised by the Department for Promotion of Industry and Internal Trade (DPIIT) to 1,17,254 as on 31 December 2023.

INDIAN TOY INDUSTRY IMPORTS DECLINE 52%, EXPORTS RISE 239% IN FY23

A conducive manufacturing ecosystem created by the Government for the toy industry has resulted in 52 per cent decrease in overall import of toys and 239 per cent increase in exports of toys from FY 2014-15 to FY 2022-23, Minister of State for Commerce and Industry Som Parkash informed Rajya Sabha.

SBI Life inaugurates branch in Ayodhya, encourages locals to pursue aspirations

SBI Life Insurance, one of the most trusted life insurers in the country, marked a significant milestone with the inauguration of its branch in the popular city of Ayodhya in Uttar Pradesh.

EV sales up in 2023, Govt gives Rs 5,790 crore subsidy

The sale of electric vehicles has registered a growth of 49.25 per cent during the last calendar year, 2023 and the Government has given subsidy amounting to Rs 5790 crore to EV manufacturers on sale of 13,41,459 number of EVs under phase-II of the Faster Adoption and Manufacturing of (Hybrid) Electric Vehicles (FAME) scheme.

RELIANCE POWER Q3 RESULTS: NET LOSS RISES TO RS 1,136.7 CRORE ON HIGH EXPENSES

Reliance Power Ltd on Saturday reported widening of its consolidated net loss to Rs 1,136.75 crore during the quarter ended December 2023, due to increased expenses.

BUDGET PUSHES FOR CAPEX OF RS 11.1 TRN, 3 RAIL CORRIDORS

Finance Ministers’ governance, development performance mantra.