CATEGORIES

Jio and Airtel allocate Rs 75,000 crore for network investments

Reliance Jio and Bharti Airtel, two major players in India's telecommunications industry, are reportedly set to make significant investments totalling approximately Rs 75,000 crore in the current fiscal year. These investments are aimed at strengthening and expanding their respective network infrastructures, according to a report by JM Financials.

SIDBI, Shell Foundation in $6 mn deal to boost National EV Mission

26,041,426 litres of fuel saved by EVs under FAME II

India's rise from 10th rank to world's 5th largest economy engineered by people power: FM

Finance Minister Nirmala Sitharaman on Thursday asserted that India's prospects of emerging as the world's third-largest economy could not be summed up as just \"a fait accompli\", rather, a work in progress spearheaded by the people of the country who have moved the Indian economy from the 10th position to the 5th and who will take it to the 3rd position as well.

India, UAE sign RuPay card scheme deal, review CEPA, sigh MoU on hi-tech cooperation

In a significant upgradativity pillar of the India-UAE bilateral relations, the NPCI International Payments Limited (NIPL), a wholly-owned subsidiary of the National Payments Corporation of India (NPCI), has entered into a strategic partnership agreement with Al Etihad Payments (AEP) for implementation of the domestic card scheme (DCS) in the UAE, wherein NIPL and AEP will work together to build, implement and operationalize UAE's national domestic card scheme. Al Etihad Payments is an indirect subsidiary of the Central Bank of UAE (CBUAE) and the NIPL assists other countries with its knowledge and expertise in establishing their own cost-efficient, and secure payment systems.

INDIA'S SERVICE SECTOR GROWTH AMONG STRONGEST IN OVER 13 YRS AS PMI RISES TO 61.0 IN SEPTEMBER

The uptick meant that the index averaged 61.1 over the second fiscal quarter, above that seen in the prior three-month period (60.6)

Madhya Pradesh has over 560 lakh voters

The number of electorates in Madhya Pradesh is more than 5.60 crore, excluding service voters, after the publication of the final photograph-based electoral rolls for all the 230 assembly constituencies, a senior election commission official said on Wednesday.

PM MODI TO LAUNCH DEVELOPMENT PROJECTS IN RAJ, MP TODAY

In Jodhpur in Rajasthan, the Prime Minister’s Office said, PM will lay the foundation stone and inaugurate multiple development projects in sectors like road, rail, aviation, health and higher education

KRISHNA JANMABHOOMI DISPUTE: SC ASKS ALLAHABAD HC REGISTRAR TO FURNISH INFORMATION ON SUITS

The Supreme Court on Tuesday asked the Allahabad High Court registrar to be physically present before it on October 30 and place the requisite information and documents pertaining to the Sri Krishna JanmabhoomiShahi Idgah dispute.

SKILL DEVELOPMENT SCAM: NO RELIEF TO CHANDRABABU NAIDU

The Supreme Court on Tuesday deferred till October 9 hearing of TDP (Telugu Desam Party) leader N. Chandrababu Naidu’s plea challenging an Andhra Pradesh High Court order that dismissed his petition to quash an FIR related to the Skill Development Corporation scam case.

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.

JTL Industries' sales grow 54 per cent in April-September

Steel pipes manufacturer JTL Industries has posted 54.66 per cent growth in sales at 1.59 lakh tonne (LT) for April-September period of the ongoing fiscal year.

HDFC Bank disburses Rs 48k crore home loans in Q2

HDFC Bank disbursed home loans worth Rs 48,000 crore in July-September, representing 14 per cent growth sequentially and 10.5% growth over the year-ago period on erstwhile HDFC’s loan book.

TCS INKS MULTI-YEAR PARTNERSHIP WITH UK'S ASDA

The strategic p’ship will leverage TCS’ cloud, AI, and security solutions to aid ASDA deliver the divestiture smoothly, on time, and securely

Govt aims to increase turmeric exports to $100 crore

The Indian government has established a Turmeric Board with the aim of increasing the country’s turmeric exports to USD 1 billion by the year 2030.

GOVERNMENT RAISES LPG SUBSIDY PRICE TO RS 300 PER CYLINDER

The Union Cabinet has raised subsidy amount for Ujjwala Yojana beneficiaries from Rs 200 to Rs 300 per LPG cylinder

U'khand CM Dhami sign MoU to boost global tourism

Travel booking platform EaseMyTrip has entered into a Memorandum of Understanding (MoU) with the government of Uttarakhand) aimed at enhancing Uttarakhand’s status as a renowned global tourism destination.

Govt to ease Cabotage rules at Global Maritime Summit

The Indian government is finalizing new rules for coastal shipping, which will allow foreign vessels to operate in Indian coastal waters, effectively lifting the current Cabotage rules.

High inflation stops India yield curve from steepening

Expectations of a steepening bond yield curve in India’s financial landscape during the latter half of the year are diminishing, driven by rising oil prices that have reignited inflation concerns. Despite lower supply, shorter-dated yields have not fallen, keeping the government bond yield curve relatively flat.

RBI to hold rates steady but warn on inflation

India’s monetary policy committee is expected to maintain key interest rates unchanged at its upcoming meeting, according to a Reuters survey of economists.

First LCA Tejas trainer aircraft delivered to Indian Air Force

The Indian Air Force (IAF) chief, Air Chief Marshal VR Chaudhari, received the Light Combat Aircraft (LCA) Tejas twin-seater trainer aircraft from Hindustan Aeronautics Limited (HAL) Chief Managing Director CB Ananthakrishnan in Bengaluru on Wednesday.

GLOBAL INFRA LOSSES $300B A YEAR TO CLIMATE CHANGE

Limited investment in low-income countries widens infrastructure gaps, hampers development, stalls SDGs, and strains service resilience due to climate change

Shivamogga violence: 60 Held in religious procession case

According to police, 24 complaints have been filed and 60 persons have been detained thus far in relation to the violence that erupted during a religious procession in the district center town of Shivamogga.

Maharashtra hospital deaths: 7 more in 24 hours

The seven patients who passed away late last night at the government hospital in Nanded, Maharashtra, earned national news yesterday after there were 24 deaths in 24 hours there.

Newsclick raids: Minister silent on justification

Based on a complaint filed on August 17 under the strict anti-terror law known as the Unlawful Activities (Prevention) Act (UAPA), the Delhi Police’s Special Cell conducted raids at more than 100 locations throughout Delhi and the nearby cities of Noida and Ghaziabad.

PM MODI: VIKSIT BHARAT THROUGH NATIONWIDE DEVELOPMENT

PM Modi remarked that the dream of a Viksit Bharat will come to fruition only when every state, district and village of the country becomes developed

CIPHER CASE: ISLAMABAD SPECIAL COURT ISSUES SUMMON TO IMRAN KHAN AND SM QURESHI

Islamabad special court formed under the Official Secrets Act has issued summoned to Pakistan Tehreek-e-Insaf (P TI) Chairman Imran Khan and Vice-Chairman Shah Mahmood Qureshi in the cipher case.

MONEY LAUNDERING CASE: SC GRANTS BAIL TO M3M DIRECTORS

The Supreme Court on Tuesday granted bail to Basant Bansal and Pankaj Bansal, who are directors of the Gurugram-based real estate group M3M, in a money laundering case.

Encounter Killings Seen As The Major Achievement By UP Officials: Petitioner Lawyer To SC

Advocate Vishal Tiwari, the petitioner lawyer who sought an independent probe into encounter killings in Uttar Pradesh, has recently criticised the state government’s status report with regard to encounter killings in the state.

SC IMPOSES COSTS OF ₹3 LAKH ON FORMER IPS OFFICER FOR FILING REPEATED PLEAS

The Supreme Court on Tuesday imposed a cost of 3 lakh on a former IPS officer Sanjiv Bhatt for repeatedly filing the petitions in relation to a drug planting case against him.

World Bank sees 5.8 per cent growth in South Asia

In the latest biannual regional outlook unveiled on Tuesday, the World Bank expressed its economic growth projections for South Asia in the financial year 2023.