Indian Economy Maintains Positive Momentum, Affirms Ministry Of Finance

In contrast to the global sceInacio, the Indian economy continues to exhibit strong economic performance with broad-based growth across sectors, the Ministry of Finance asserted.

China's Share In Industrial Goods Imports Soars To 30% From 21%: GTRI

With increasing India's dependence on Chinese industrial goods like telecom, machinery and electronics, Beijing's share in New Delhi's imports of such goods rose to 30 per cent from 21 per cent in the last 15 years, a report said.

WEF HOSTS SPECIAL MEETING IN RIYADH FOCUSING ON GLOBAL COLLABORATION, GROWTH, AND ENERGY FOR DEVELOPMENT

More than 220 public figures from over 60 countries are participating in the special meeting, which is being held under the patronage of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of the Kingdom of Saudi Arabia.

HIMALAYAN PINE CO HOSTED GLOBAL SUSTAINABILITY DISCUSSION & AWARDS 2024 IN SUPPORT OF WORLD EARTH DAY

In a momentous celebration of environmental stewardship and global collaboration, HIMALAYAN PINE CO proudly presented the Global Sustainability Discussion & Awards 2024 on April 23, 2024.

MVA will win 30-35 LS seats in state, says Sanjay Raut

Shiv Sena (UBT) leader Sanjay Raut on Sunday said that the Baramati seat in Lok Sabha elections 2024 was a fight for Maharashtra's pride and claimed that the opposition Maha Vikas Aghadi (MVA) will win 30-35 parliamentary constituencies out of the total 48 seats in the state, reported the PTI.

DELHI COURT REJECTED BJP MP BRIJ BHUSHAN SINGH'S PLEA FOR FURTHER PROBE INTO SEXUAL HARASSMENT CASE, ORDER ON FRAMING OF CHARGES ON MAY 07, 2024

The Delhi High Court in the case State Vs. Brij Bhushan Singh And Anr observed and has dismissed an application moved by BJP MP and former Wrestling Federation of India President Brij Bhushan Singh wherein it seeks further investigation in the sexual harassment case filed against him by women wrestlers.

SC TO CONSIDER RETIRED HIGH COURT JUDGE'S PLEA AGAINST DEDUCTION OF PENSION FROM SALARY DRAWN AS OMBUDSMAN AFTER RETIREMENT

The Supreme Court in the case Justice K.K Denesan vs.The Senior Accounts Officer observed and has issued notice in the matter concerning the issue of deduction of pension from the salary drawn in a post-retirement position of a former High Court Judge.

SC EXPRESSED DISQUALIFICATION AT RAJASTHAN POLICE FOR NOT SUSPENDING OFFICERS ACCUSED OF TORTURING WITNESS

The Supreme Court in the case Ramveer v. The State of Rajasthan was hearing the matter in which a prosecution witness had levied allegations made against police officials of assault, prima facie noted that it is not satisfied with the action taken by the Director General of Police, DGP, Rajasthan in the said regard.

Vedanta initiates demerger with base metal subsidiary

Vedan Vedanta Ltd. declared that its wholly-owned base metal subsidiary, Vedanta Base Metals Ltd., had been formed.

AMERICAN CHIPMAKER AMD TO ACQUIRE AI SOFTWARE STARTUP NOD.AI

The acquisition is expected to aid AMD compete better against American chipmaker Nvidia.

448 infra projects hit by cost overrun of Rs 5.55 trillion in Oct-Dec: Govt

As many as 448 infrastructure projects, each entailing an investment of Rs 150 crore or above, were hit by cost overrun of more than Rs 5.55 trillion during December quarter 2023, an official rep ort stated.

Foreign portfolio investors offload Indian stocks worth over Rs 6,000 crore in April

Foreign portfolio investors (FPIs) have turned F net sellers in Indian stocks lately, after the latest geopolitical crisis in West Asia, which has likely pushed investors to take money off their portfolios.

REPORT INDICATES STRONG BEGINNING FOR OFFICE REAL ESTATE SECTOR IN INDIA IN 2024

Currently, the vacancy level stands at 13.8 percent, which may improve further in the second half of 2024 owing to the growing prominence of Back to Office’ mandates, the report added.

AdaniConneX establishes benchmark with USD 1.44 bn construction financing framework

AdaniConneX, a 50:50 joint venture between Adani Enterprises and EdgeConneX, has established India's largest sustainability-linked financing to raise up to USD 1.44 billion.

Market Capitalisation of top 6 firms surges by Rs 1.30 trillion; SBI, ICICI Bank lead gains

The combined market top-10 most valued firms increased Rs 1,30,734.57 crore last week, with State Bank of India and ICICI Bank emerging as the biggest gainers in line with an overall positive trend in equities.

CII UNVEILS CHARTER OF GOOD GOVERNANCE TO FOSTER STARTUP GROWTH IN INDIA

According to the industry body, the charter will lay a strong foundation for the continued success of these entities and help them become stable, sustainable, and globally competitive in the long run and grow to become global corporations.

TKM LAUNCHES FORTUNER LEADER MODEL

Toyota Kirloskar Motor (TKM) has launched the ‘Leader’ edition of the Fortuner in the India market to fulfil the diverse needs of the aspiring customers with an array of advanced features designed to enhance convenience, safety, and connectivity.

Govt addresses e-rickshaw safety post huge influx on road

The remarkable see of E-rickshaws on the streets, totalling nearly 1.5 million vehicles has led the Government to address the growing prominence of e-rickshaws and task the Road Transport Ministry with a comprehensive review of these vehicles including a focus on rectifying safety concerns. The Government has also urged the ministry to analyze the factors driving the widespread adoption of e-rickshaws and draw insights from their success.

Ultraviolette launches electrifying F77 Mach 2 at Rs 2.99 lakh

Taking a leap forward in the mission to deliver superior and futuristic mobility solutions, ultraviolette, an innovator in future-ready EV platforms and battery technology, has launched an advanced performance and intelligent electric motorcycle, the F77 Mach 2. Starting at 2,99,000, the F77 Mach 2 marks a pivotal moment in accelerating EVe adoption, driven by the carbon farewell fund initiative.

NDTV clocks 59% growth in revenue during Q4, FY 24

NDTV Group announced its financial performance for the fourth quarter of 2023-24, marked by a 59 per cent revenue growth compared to the same period last year. Revenue during the quarter was at Rs 106.5 crore versus Rs 67.0 crore last year.

BIRKENSTOCK OPENS ITS FIRST FLAGSHIP STORE IN MUMBAI

BIRKENSTOCK, the German global zeitgeist and purpose brand, is strengthening its footprint in India. Celebrating 250 years of tradition in shoemaking in 2024, BIRKENSTOCK has its eyes firmly set on the future and opens its first flagship store in Mumbai, the financial capital of the country, marking its commitment to the region.

Court grants bail in Delhi Waqf Board case

Delhi’s Rouse Avenue Court granted bail to Aam Aadmi Party (AAP) MLA Amanatullah Khan on Saturday in connection with the Enforcement Directorate’s recent complaint filed against him for alleged non-attendance of summons in the Delhi Waqf Board money laundering case.

Hemant Soren denied interim bail in land scam case

The Special PMLA Court in Ranchi declined to grant interim bail to former Jharkhand Chief Minister Hemant Soren in a land scam case on Saturday. Former Chief Minister Hemant Soren had sought interim bail of 13 days from the court to attend the funeral of his uncle, a plea which the court denied.

SC SEEKS RESPONSE ON FIXING MSP FOR ALTERNATIVE CROPS

The Supreme Court sought responses from the Centre, Punjab, and Haryana governments regarding a plea to establish the minimum support price (MSP), including periodic increases, for alternative crops cultivated by farmers and the government’s procurement of these crops.

TaMO gets 4L customers for 'Magic', launches bi-fuel model

Tata Motors has achieved the milestone of 4 lakh customers of the Tata Magic – India’s most preferred van and introduced a new variant, the Magic Bi-Fuel, to further increase convenience of its customers.

Automakers keen to tap high quality aluminium solutions

With aluminium responsible for enabling several forms of modern transportation -- establishing itself as a critical raw material for automotive manufacturing, the industry along with automakers and essential component manufacturers is exploring a future roadmap of the sector with a focus on role of aluminum in its transformation and new areas of collaboration.

HMIL TO BOOST OUTPUT TO 1.5 MN UNITS BY 2030

Solid sales in markets like India have powered Hyundai Motor’s sales growth in markets outside Korea which were up by 1.9 per cent to 846,800 units, with the US also contributing in the boost.

Govt portal offered more jobs than applied

Vacancies listed on the government’s job portal National Career Service (NCS) displayed an interesting trend. The NCS data shows that in the fiscal year 2023-24 jobs available through the portal were significantly higher than job seekers.

WEBEL SOLAR POISED FOR GROWTH AMID INDIA'S RENEWABLE ENERGY DRIVE

India is the third largest consumer of energy in the world and consumption is projected to continue rising over the years. Supported by industrial growth, urbanisation , government policies, and favourable geopolitics, the country has achieved an installed capacity exceeding 400 GW.

At 5-7%, IT service companies face muted revenue growth for 2nd year

With India’s technology industry showing resilience amidst economic challenges and expectation of modest recovery in FY25, the first quarter of Q1 2024 (January – March) witnessed notable deal activity, especially in mergers and acquisitions (M&A), indicating growth prospects in vendor consolidation and transformation projects.