CATEGORIES

India pushes G20 for consensus on fugitive economic offenders

India is urging the G20 nations to form a united front against fugitive economic offenders, with aims of expediting their extradition and ensuring the swift recovery of assets both within the country and overseas.

Rising debts in Kerala, Bengal, Punjab concerning: RBI

Call it competitive federalism in a new avatar. Indian states are vying for top slots in the pecking order of debt accumulation as the outstanding debt burdens of these federal entities stay on an upward trajectory since the Covid-19 pandemic hit, with Madhya Pradesh topping the rise with a 79 per cent jump.

RBI HOLDS REPO RATE; INDUSTRY, TRADE WELCOME DECISION

Keeping the policy rate unchanged is important for industry, as it will further boost growth.

SUPREME COURT COLLEGIUM RECOMMENDED TRANSFER OF FOUR HIGH COURT JUDGES OF PUNJAB AND HARYANA HIGH COURT

The Supreme Court Collegium bench comprising of Chief Justice of India Dhananjaya Y Chandrachud, Justice Sanjay Kishan Kaul, Justice Sanjiv Khanna, Justice BR Gavai and Justice Surya Kant in its meeting held on August 03, 2023 recommended the names for transfer of four judges of Punjab and Haryana High court.

PUNJAB AND HARYANA HIGH COURT STAYED SUO MOTO PIL TO BE PUT BEFORE CHIEF JUSTICE AS PER HIGH COURT RULES: NUH-GURUGRAM DEMOLITION CASE ADJOURNED

The Punjab and Haryana High court in the case observed and has adjourned the hearing wherein the plea is moved the suo motu case against Nuh and Gurugram demolitions to next Friday, while citing the procedural rules.

PM MODI DEMONSTRATED HIS UNWAVERING COMMITMENT TO INDIA'S ADVANCEMENT

\"PM narendramodi's response to the Motion of No Confidence reflected his unflinching dedication to India's progress. He spoke of how differently the world sees India today.

Congress meeting in LS to suspending LoP, Adhir Ranjan

The suspension of Congress MP and leader of the opposition in the Lok Sabha Adhir Ranjan Chowdhury will be discussed in a meeting of the party's Lok Sabha MPs that Sonia Gandhi has convened for Friday morning.

Supreme Court Collegium Recommended Transfer of High Court Judges

The Supreme Court Collegium bench comprising of Chief Justice of India Dhananjaya Y Chandrachud, Justice Sanjay Kishan Kaul, Justice Sanjiv Khanna, Justice B R Gavai and Justice Surya Kant in its meeting held on August 03, 2023 recommended the names for transfer of High Court Judges.

Nation continue to experience increased poverty, food insecurity

Pakistan's Ministry of Finance declared that five key and ongoing economic difficulties are causing rising poverty and social vulnerabilities the day after the National Assembly and the federal government were dissolved.

BJP to conduct training for NDA spokespersons

A conference of NDA spokespersons will be held by the Bhartiya Janta Party on Friday as the current monsoon session of Parliament enters its final week.

Revdi politics of "Gamandiya Alliance" is a recipe for bankruptcy

Prime Minister Narendra Modi criticized the opposition parties' economic plans and warned that their use of giveaways to win support could lead to India's financial collapse.

Supreme Court Collegium Recommended Transfer Of Four High Court Judges Of Gujarat High Court Including The Judge Who Refused To Stay Rahul Gandhi's Conviction

The Supreme Court Collegium bench comprising of Chief Justice of India Dhananjaya Y Chandrachud, Justice Sanjay Kishan Kaul, Justice Sanjiv Khanna, Justice BR Gavai and Justice Surya Kant in its meeting held on August 03, 2023 recommended the names for transfer of four judges of Gujarat High Court.

UK, India come together to fight pro-Khalistani extremism

The United Kingdom’s Security Minister, Tom Tugendhat has announced a new funding of 95,000 pounds (around Rs 1 crore) to improve Britain’s ability and skills to handle “proKhalistan extremism”, as mentioned by the British High Commission in a readout on Tugendhat’s three-day visit to India that began on Thursday, 10 August.

Odisha CM Naveen Patnaik inaugurates centre of Infosys BPM

On 10 August 2023, Odisha’s Chief Minister Naveen Patnaik inaugurated a wholly-owned subsidiary of Infosys Limited, the centre of Infosys BPM Limited.

RBI SAYS MANY NATIONS INTERESTED IN UPI LINKAGES, INCLUDING JAPAN

On 10 August, the Reserve Bank Of India said that many countries are now becoming interested in the Unified Payments Interface (UPI) linkage system

Supreme Court permits Karnataka's contract workers to work in factory canteens

Supreme Court of India issued an order allowing contract workers to work in factory canteens. At the very least, around 700 large factories across the state will benefit from this court order.

Revenue announced by Greaves Cotton Ltd. for FY 2024

Greaves Cotton Limited, one of India's leading diversified engineering companies, has reported standalone revenues of Rs 396 Cr for the first quarter of fiscal year 2024.

Profit of Rs 800 cr achieved by OCPL

Odisha Coal and Power Limited (OCPL) has produced eight million tonne of coal with consistent quality and earned a profit of about Rs 800 crore in 2022-2023.

Puravankara's Q1 revenue increased by 50% year over year to Rs. 323 Cr

Puravankara Limited (BSE: 532891), one of India’s most trusted real estate players, announced its financial results today for the first quarter (Q1FY24) ending June 30, 2023.

FMCG BUSINESS TO BE IN FOCUS IN BRINGING OPPORTUNITY

“The growth driver for the company has to be your FMCG business and the second one could be the IT services,” says Amnish Aggarwal, Prabhudas Lilladher.

Rs. 1k cr allocated by Zerodha for rainmatter startup

Nithin Kamath said that they believe Zerodha grew as much as it did because they had the freedom to build what they thought was right without any pressure to grow quickly.

Top executives from L&T and Cognizant named in bribery case

The ongoing trial of two former Cognizant Technology Solutions Corp. executives in a bribery case in India could have significant implications for Larsen and Toubro (L&T) Ltd's CEO S.N. Subrahmanyan.

Arkade Group to contribute 1 crore to Tata Memorial Hospital

Mumbai-based developer Arkade Group has unveiled a unique and philanthropic initiative aimed at contributing to society’s well-being. The company has pledged to donate the cost of one square foot (sq. ft.) of property sold towards the Tata Memorial Hospital (TMH), a renowned institution dedicated to cancer treatment and research across India.

India opens doors to medical tourists with new Ayush Visa

India has introduced the Ayush Visa, a special visa category aimed at boosting medical tourism by allowing foreign nationals to visit the country for medical treatment, therapeutic care, wellness, and yoga.

Japan envoy Suzuki praises India's role in Sri Lanka's debt restructuring

The collaboration between Japan and India has taken on a new level of intensity, particularly in the context of Sri Lanka’s economic challenges.

RBI GRIPS RATES FOR THIRD TIME BUT DAS WARNS OF INFLATION RISKS

RBI’s concern over rising vegetable prices, particularly the impact of factors like tomatoes, prompted the central bank to stress the importance of aligning inflation with the 4% target

MSCI weightage drop to outflows from top 5 Indian stocks

Several prominent Indian stocks, including Reliance Industries Ltd, ICICI Bank Ltd, HDFC Bank Ltd, Infosys Ltd, and Tata Consultancy Services (TCS), are expected to experience outflows of up to $130 million due to changes in MSCI indices.

India to use G20 presidency to strengthen multilateral development banks

Union Finance Minister Nirmala Sitharaman highlighted India’s commitment to strengthening multilateral development banks (MDBs) and addressing shared global development goals during India’s G20 Presidency.

RBI raises CRR to drain Rs 1 lakh crore liquidity from banks

The Indian rupee displayed resilience against the US dollar, gaining 19 paise to close at 82.66 on Thursday.

India's travel industry booms as country moves from savings to splurging

Indian travellers are not letting higher costs deter them from exploring the world, as travel expenses for Indians have surged by 15-20% this year compared to pre-pandemic levels in 2019.