CATEGORIES

INDIA TARGETS 56.6 MTPA CRUDE OIL REFINING BY 2030

India, the world’s fourth largest refiner, will add as much as 56.6 million tonnes per annum (mtpa) of crude oil refining capacity in the next seven years of which 84 per cent will be through brownfield expansion.

India to push developed nations to become 'carbon negative' by 2050

India is taking a bold stance on climate action, urging developed countries to aim for carbon negativity rather than just carbon neutrality by 2050. This approach would afford emerging market economies, like India, more time to use fossil fuels for essential development needs, according to two sources within the Indian government.

FTA pact with UK critical for India's ambition to become mfg powerhouse

As India and the UK inch closer to sealing a free trade agreement, a forthcoming book says the pact is critical for India's ambition to become a manufacturing powerhouse while the UK seeks to clinch new deals to highlight the benefits of Brexit.

FINANCE MINISTER SITHARAMAN CALLS ON CORPORATES TO BACK SDGS

FM Nirmala Sitharaman exuded confidence that MDB reform process emanating from the G20 deliberations will prompt multilateral development banks (MDBs) to maximise investments into developing nations

TATA STARBUCKS UNVEILS FIRST ISLAND STORE IN ALIBAUG

Mumbai's coffee giant, TATA Starbucks, inaugurated its debut island store at the scenic Alibaug. This novel store format aims to serve Starbucks' renowned Arabica coffees to local patrons and quench the thirst of global travellers hunting for their cherished Starbucks drink.

Varanium Cloud's H1 net profit soars 265%, expands globally

Mumbai's tech firm, Varanium Cloud Limited, witnessed remarkable business growth, revealing a 265% YoY rise in its H1 FY23-24 net profit, registering Rs.96.25 crore, compared to Rs. 26.37 crore in H1 FY22-23.

HDFC Life Q2 net profit rises 15.3%, AUM up 18%

HDFC Life Insurance, a leading private sector insurer, announced a 15.3% year-on-year growth in its standalone net profit for the July-September 2023-24 quarter, reporting Rs 376 crore.

MUTHOOT FINCORP LAUNCHES RS 225CR NCD TRANCHE II

Muthoot FinCorp Limited, part of the Muthoot Pappachan Group, has announced its XVI Tranche II non-convertible debentures (NCDs) to raise up to Rs225 crore.

NIA CHARGES 12 FOR TIRIYA NAXAL ENCOUNTER

The National Investigation Agency (NIA) has recently filed a comprehensive chargesheet against 12 accused individuals in connection with the 2019 Tiriya encounter case. The case in Chhattisgarh that resulted in the deaths of 6 naxals and one civilian.

Delhi Court mulls over 'conjugal visits' in prisons

A petition has been recently filed in the Delhi High Court stating that conjugal visitation away from the prying eyes of prison officials is a \"fundamental right.\"

Ludhiana: 13 cops get 5 years in bribery case

Punjab's Ludhiana court has recently convicted 13 police personnel in a 2003 corruption case and sentenced each to 5 years in prison.

SC upholds Scindia's 2020 Rajya Sabha election plea

The Supreme Court has recently rejected the plea challenging the 2020 election of Union Minister Jyotiraditya M Scindia to the Rajya Sabha.

Delhi carjacking case: Accused get 5-day police custody

Delhi's Patiala House Court has recently remanded 2 accused Mehraj Salmani and Asif in 5 days of custody in connection with the cabbie dragging-carjacking case.

KAPIL DEV PUSHES FOR STRICTER ANIMAL CRUELTY LAWS

The Delhi High Court has recently sought a response from the T Centre and Delhi Governments on a plea moved by former Indian cricket team captain Kapil Dev, his wife Romi Dev, and others over stricter laws against cruelty to animals.

Tata Motors sells 9.9% of Tata Tech to TPG

Tata Motors Limited (TML) is divesting a 9.9% stake in its subsidiary, Tata Technologies Ltd (TTL), for a considerable amount of INR 1,613.7 crore. The transaction, which aims to conclude in a fortnight following regular formalities, aligns with TML's ongoing objective of streamlining its financial position.

BMW INDIA TARGETS 25% OF SALES FROM EVS BY 2025

BMW India has set ambitious plans for the sale of electric vehicles (EVs), aiming for one in every four cars sold to be electric within the next two years. The luxury automaker currently enjoys a dominant position in India's EV luxury market, boasting a 48% market share.

PURE EV launches ePluto 7G MAX: Priced at Rs 114,999

PURE EV has introduced its new e-scooter, the ePluto 7G MAX, priced at Rs 1,14,999 (ex-showroom). This new model touts an impressive range of 201 KM per charge and is equipped with advanced features like HillStart Assist, DownHill Assist, Coasting Regen, and Smart AI for optimal battery life.

Air India thwarts Rs 3 crore fraud, welcomes new planes

Air India's vigilant risk monitoring and fraud prevention mechanism saved the airline over Rs 3 crore in potential revenue loss in the past 18 months, according to CEO Campbell Wilson's statement on Friday.

Noida Airport's runway, ATC tower to be operational by March 2024

The Noida International Airport's runway and the air traffic control (ATC) tower are projected to be operational by March 2024, as per an official statement.

Israel-Hamas war: India's $12b trade at stake

It is not business as usual for Indian industry and trade amidst an escalating Israel-Hamas conflict as businesses and markets gear up for the real impact on outbound and inbound transactions, flow of goods and services and deals, clouded by uncertainties on the duration and intensity of the war.

IMF LAUDS INDIA'S MACROECONOMIC STABILITY, UPS GROWTH FORECAST

The International Monetary Fund (IMF) has praised India's robust macroeconomic environment and fiscal discipline, highlighting the country's rapid measures to tame inflation.

ISRAEL-HAMAS CONFLICT HITS ECONOMIC CORRIDOR PLANS

Escalating between tensions Tel Aviv E and Gaza have cast a shadow on the fate of the ambitious transcontinental infrastructure project, the India-Middle East-Europe Corridor (IMEEC) launched on the sidelines of the recent G20 summit in September.

Ayodhya's iconic Ramlila returns after year-long Pandemic break

The traditional Ramlila in Ayodhya, an iconic cultural event entwined with the essence of the temple town, has graced the stage once again after an unforeseen hiatus of a year due to the relentless grip of the Covid-19 pandemic. This vibrant spectacle typically unfolds around Dussehra, marking an integral moment in Ayodhya's calendar, captivating audiences for over six decades.

PM DESCRIBES P20 SUMMIT AS 'MAHAKUMBH' OF GLOBAL PARLIAMENTARY PRACTICES

Addressing the 9th P20 Summit at Yashobhoomi in the national capital on Friday, PM Modi said, \"This summit is a'mahakumbh' as it represents a convergence of parliamentary practices around the world.

JOURNALIST SOUMYA VISHWANTHAN MURDER CASE: DELHI COURT RESERVES VERDICT FOR OCT 18

A Delhi court on Friday reserved its judgment in the 2008 murder of TV journalist Soumya Vishwanathan for October 18. Additional Sessions Judge Ravindra Kumar Pandey directed all the accused to be present in the court when he delivers the verdict.

Money Laundering Case: Senthil Balaji's Remand Extended Till Oct 20

A sessions court in Chennai on Friday has extended the remand of DMK Minister V Senthil Balaji, who was arrested in connection with a money laundering case by the ED in June, till October 20.

1984 SIKH RIOTS TYTLER CASE: DELHI COURT ADJOURNS HEARING AS CERTIFIED COPIES NOT SUPPLIED TO ACCUSED

Delhi's Rouse Avenue court on Friday adjourned the hearing of the arguments on charges against Congress leader Jagdish Tytler. The counsel for the accused told the court that the certified copies of the case file had not been supplied. This case pertains to the killing in Pul Bangash Gurudwara in 1984.

DELHI HIGH COURT DISMISSED PLEA SEEKING DIRECTIONS FOR PREDEPOSIT WAIVER: ACTIVE INVOLVEMENT IN CUSTOMS DUTY EVASION

The Delhi High Court in the case Ajay Sagar Versus Principal Commissioner Of Customs (Import) observed while dismissing the plea moved wherein seeking directions for waiver of the predeposit requirement as it is being placed in terms of Section 129E of the Customs Act, 1962.

Man Accused Of Misbehaving With Malayalam Actress In Flight Moves Court For Anticipatory Bail: Window Seat Row

The man in the case Anto C.R. v. State of Kerala and Anr has approached a Sessions Court in Ernakulam wherein seeking anticipatory bail, who is being accused of harassing a renowned Malayalam actress onboard an Air India flight in a dispute over occupation of the window seat.

AAM AADMI PARTY MP SANJAY SINGH MOVED DELHI HIGH COURT CHALLENGING ARREST, ED REMAND IN LIQUOR POLICY CASE

Aam Aadmi Party MP Sanjay Singh moved the Delhi High Court wherein challenging his arrest by and remand to the Enforcement Directorate in the money laundering case which relates to the liquor policy scam.