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Maruti Suzuki eyes 8,000 overall service touchpoints by FY31

THE COMPANY HAS ALREADY ADDED 78 NEW NEXA SERVICE TOUCHPOINTS SO FAR IN THE CURRENT FISCAL YEAR

ADB LOWERS INDIA GDP GROWTH FORECAST TO 6.5% FOR FY25

NEW DELHI: The Asian Development Bank (ADB) on Wednesday lowered India's economic growth forecast to 6.5% for the current financial year from its earlier estimate of 7% due to lower-than-expected growth in private investment and housing demand.

Data centre mkt attracts $60 bn investment commitment in 6 yrs

NEW DELHI: India's data centre market has attracted investment commitment of $60 billion in the last six years and the cumulative inflow is estimated to surpass $100 billion by 2027-end, according to CBRE.

MOBIKWIK'S INDIA IPO FULLY SOLD WITHIN 1ST HOUR

Indian financial technology firm MobiKwik's ₹572 crore ($67.4 million) IPO was fully subscribed within the first hour on Wednesday as investors bet on the company's growth in a booming domestic online payments market.

EVs, ancillary sector may see ₹3.4 lakh cr investment by 2030

Domestic and foreign firms have announced a whopping ₹3.4 lakh crore investment in India's electrical vehicles (EVs) and ancillary industries over the next six years, Colliers India on Wednesday said while expressing concern over \"tardy progress\" towards achieving the goal of 30% electric mobility by 2030.

E-way bills drop to 5-mth low after festive peak

The decline suggests biz may be taking a pause after months of inventory clearance

Inflation, geopolitics key global economic hurdles

Finance minister Nirmala Sitharaman on Tuesday underscored inflation as a pressing global challenge that transcends borders and defies individual nations' efforts, calling for collective action to tackle the issue effectively.

U.S. IMPOSES TRADE CURBS ON CHINA, RUSSIA FIRMS OVER HUMAN RIGHTS

WASHINGTON: The United States unveiled trade restrictions, on Tuesday, on eight companies, including two Chinese firms and several from Russia, alleging human rights violations.

Trump mocks Trudeau, calls him 'governor of the state of Canada'

WASHINGTON: US President-elect Donald Trump took a jab at Canadian Prime Minister Justin Trudeau on the social media platform Truth Social, describing him as the \"Governor of Canada\".

We must rebuild': Syrian PM urges citizens abroad to return

Assad fled Syria as an Islamist-led opposition alliance swept into Damascus over the weekend, bringing an end to brutal rule by his clan

33 killed in overnight Israeli strike on Gaza

Israeli attacks across the Gaza Strip killed at least 33 Palestinians, on Wednesday, most of them in an airstrike on a house in Beit Lahiya town on the northern edge of the enclave, medics said.

EIGHT DEAD IN RUSSIAN STRIKE ON ZAPORIZHZHIA IN UKRAINE

KYIV: Rescuers were working on Wednesday to find people under the rubble of a building destroyed in a Russian attack the day before that killed eight people, Ukrainian officials said.

Survey begins for ₹100-crore rafting hub in Rishikesh

A survey has begun for the construction of a state-of-the-art rafting base station in Rishikesh, which will be built at an estimated cost of ₹100 crore, officials familiar with the matter said on Wednesday.

United Health CEO murder accused fights extradition to NY

The man charged with murder in the killing of the CEO of UnitedHealthcare made it clear he wasn't going to make things easy on authorities, shouting unintelligibly and writhing in the grip of sheriff's deputies as he was led into court and then objecting to being brought to New York to face trial.

No high court relief for Sajjan Jindal, NSIL from SEBI proceedings

The Bombay high court on Monday refused to interfere in the proceedings initiated by SEBI against Nalwa Sons Investments Ltd (formerly Jindal Strips Ltd) and its directors, including Sajjan Jindal, chairman and managing director of JSW Group, in connection with the 2014 re-organisation of the OP Jindal group.

54-YEAR-OLD MAN ARRESTED IN 2021 FRAUD CASE: COPS

A 54-year-old man, who was allegedly involved in a 2021 fraud case of ₹3.20 crore, has been arrested in Delhi, Haridwar police said on Wednesday, adding that the accused had ₹25,000 bounty on his head.

Choksi's seized assets can be monetised, says court

A special court in Mumbai on Tuesday permitted the monetisation of assets worth over ₹2,500 crore that were attached or seized by the Enforcement Directorate (ED) as part of its money-laundering probe against fugitive diamantaire Mehul Choksi in the alleged Punjab National Bank (PNB) fraud case.

A timely push for the digital rupee

Moving to the digital rupee—India's central bank digital currency (CBDC)—for subsidy payments, a course the Centre is considering, could deliver multiple benefits.

Targeting the RS chairperson

The move against the vice president is the fallout of a breakdown in communication between the treasury and Opposition benches

Could Trump as president accelerate de-dollarisation?

De-dollarisation, or the ongoing efforts by many (if not most) countries to reduce dependence on the United States (US) dollar, is not a new phenomenon.

What ails the health insurance industry

Deny, delay, and depose pave the way for insurance company profits and widespread policyholder anger

A Maharashtra primer for Mahayuti leadership

The poll grand slam in Maharashtra will certainly warm the cockles of the BJP's heart; but the phenomenal Vidhan Sabha tally raises several issues which the BJP strategists need to address before getting down to the nitty-gritty of governance in Mantralay, the seat of administration, in south Mumbai.

Gauri seeks nod to increase Mannat

MUMBAI: Mannat, actor Shah Rukh Khan's home in Bandra, a nationally-known address and one of Mumbai's biggest tourist spots is set to get bigger.

₹1k for each student enrolling in class 6 of Almora inter college

RUDRAPUR: Amid the declining numbers of students in Atal Utkrisht Adarsh Inter College in Almora district, the alumni have decided to provide ₹1,000 to each student in the next session who will enroll in class 6 of the school, people familiar with the matter.

BEST driver had no electric bus experience, finds probe

MUMBAI: Sanjay More, 54, the Brihanmumbai Electric Supply and Transport (BEST) driver who was behind the wheel of the bus that rammed into 22 vehicles, claiming seven lives and leaving 42 injured in Kurla West on Monday night, had received just three-day training before transitioning from driving a manual geared bus to a longer and automatic electric bus (e-bus), people familiar with the probe said on Tuesday.

EU provides information on Indian entities breaching sanctions in dealing with Russia

THE INFORMATION WAS SHARED AS PART OF EFFORTS TO FINALISE EU'S 15TH PACKAGE OF SANCTIONS AGAINST RUSSIA

Mere harassment allegations are not sufficient for abetment to suicide: SC

NEW DELHI: The Supreme Court has ruled that mere harassment or actions intended to provoke anger cannot by themselves constitute the crime of abetment to suicide, cautioning against conflating general allegations with the legal threshold for penal charges.

Blood-stage Vaccine for malaria shows promise in trials

NEW DELHI: A novel malaria vaccine candidate that works at the blood stage appears safe and highly immunogenic in African children and shows promising efficacy against malaria when given in a delayed third dose regimen, according to the findings of a phase 2b clinical trial published in The Lancet Infectious Diseases on Tuesday.

Centre will have to build consensus: Former Prez Kovind on One Nation One Election

Former President Ram Nath Kovind stated on Wednesday that the Central government must build a consensus on the 'One Nation, One Election' initiative, emphasising that the issue transcends political interests and serves the nation as a whole.

Actor Mushtaq escapes gunpoint abduction, 2 detained

Veteran actor Mushtaq Mohammad Khan narrowly escaped a harrowing kidnapping and extortion plot, raising concerns about the safety of performers across the country.