Pradhan Launches IIT-Bhubaneswar's 100 Rs.100 Cr Startups Push

Union Education Minister Dharmendra Pradhan launched a pioneering initiative on Sunday, unveiling the Research and Entrepreneurship Park at IIT-Bhubaneswar. The ambitious project aims to nurture and support the creation of 100 startups, each with a valuation of Rs 100 crore, by the 100th anniversary of Odisha in 2036.

PM MODI DISTRIBUTES 1 LAKH JOBS, HAILS "COMPLETELY TRANSPARENT" RECRUITMENT PROCESS

PM praised youth dedication, criticized past administrations for slow job allocation, highlighting his government's transparency and efficiency in recruitment

PM Modi jointly inaugurates UPI services with Mauritius PM, Lankan Prez

India's Unified Payments Interface (UPI) on Monday witnessed a significant cross border leap aligning with India's 'Neighbourhood First' policy, with Prime Minister Narendra Modi along with the President of Sri Lanka Ranil Wickremesinghe and Prime Minister of Mauritius Pravind Jugnauth jointly inaugurating the launch of the UPI services in Sri Lanka and Mauritius as well as RuPay card services in Mauritius via video conferencing. The will benefit a wide cross-section of people through a faster and seamless digital transaction experience and enhance digital connectivity between the countries.

STUDENT HOUSING STARTUP AMBER SECURES $21 MILLION

Amber, a student accommodation platform founded in 2017 by Saurabh Goel and Madhur Gujar, has secured $21 million in its first round of institutional funding. The investment, led by Mumbai-based private equity firm Gaja Capital, includes $18.5 million in fresh equity and the remaining portion in venture debt from Lighthouse Canton and Stride Ventures.

India's vegetable oil imports dropped by 28%, in January

India's vegetable oil imports witnessed a significant decline of 28% in January, totaling 12 lakh tonnes compared to 16.61 lakh tonnes during the same period last year, as reported by the Solvent Extractors Association of India (SEA). imports witnessed a significant decline of 28% in January, totaling 12 lakh tonnes compared to 16.61 lakh tonnes during the same period last year, as reported by the Solvent Extractors Association of India (SEA).

25 million jobs for industry status, says Kant

India's G20 Sherpa, Amitabh Kant, addressed participants at the 6th Hoteliers' Conclave organized by the Hotel Association of India (HAI), advocating for the tourism industry to emphasize its role as a significant job creator. Kant emphasized the need for the sector to communicate its potential to politicians, particularly stressing the creation of 25 million jobs by 2030.

RETAIL INFLATION DIPS TO 5.1% IN JAN '24, RED SEA RISKS AT LARGE

The RBI has maintained its FY24 (year ending March 2024) CPI inflation forecast of 5.4 per cent y-o-y, with its forecast for Q4 (January-March 2024) at 5.0 per cent (from 5.2 per cent previously)

Why China Is Limping Into The Year Of The Dragon

The GDP deflator, which provides the broadest gauge of price movements within the economy, has experienced a decline over the past three consecutive quarters, marking the lengthiest downward trend since 1999.

'Why no BJP leader has faced action by ED since party came to power?': Sharad Pawar

Founder of the Nationalist Congress Party (NCP), Sharad Pawar, asserted on Sunday that no leader from the Bharatiya Janata Party (BJP) has faced action from the Enforcement Directorate (ED) during the party's tenure in power.

SHIV SENA MLA'S UNUSUAL COMMAND TO KIDS: NO MEALS IF PARENTS DON'T VOTE FOR ME

An MLA of the Eknath Shinde-led Shiv Sena has courted controversy by asking children not to eat for two days if their parents don't vote for him.

BOMBAY HIGH COURT: FORMER MUMBAI NCB ZONAL DIRECTOR SAMEER WANKHEDE APPROACHED THE COURT FOR PROTECTION FROM ARREST IN ED'S MONEY LAUNDERING CASE

Former Mumbai NCB Zonal Director Sameer Wankhede has approached the Bombay High Court wherein seeking protection from coercive action amongst other reliefs in the Enforcement Directorate’s,

SUPREME COURT: MERE DELAY IN COMPLYING WITH THE COURT'S ORDER DOES NOT AMOUNT TO CONTEMPT UNLESS IT'S DELIBERATE AND WILFUL

The Supreme Court in the case Sri L.V. Subrahmanyam, IAS, Principal Secretary, Medical and Health Department Government Of Andhra Pradesh versus The Registrar General, High Court of Judicature at Hyderabad, For The State of Telangana And For The State Of Andhra Pradesh And Anr. observed that the mere delay in complying with the order of the court would not amount to committing contempt of court.

Intel India: No semiconductor fab plans, focus on AI

Computer chip maker Intel, has no plans to set up a semiconductor plant or any type of manufacturing unit in the country at present, said the company’s India business head, Santhosh Viswanathan on Friday.

JSW Group signs MoU for Rs 40,000 cr EV project in Odisha

The JSW group on Saturday signed a Memorandum of Understanding with the Odisha government for establishment of an Integrated Electric Vehicle (EV) and EV Battery manufacturing project at an investment of Rs 40,000 crore in the state.

INDIAN BIOGAS ASSOCIATION TO INVEST RS 30K CR TO CUT IMPORTS

Indian Biogas Association has recommended an investment of Rs 30,000 crore for machinery and equipment required for biomass supply to compressed

Hyderabad’s transportation boost: CM Revanth Reddy unveils 100 new buses

Hyderabad’s transportation boost: CM Revanth Reddy unveils 100 new buses

PM MODI TO INAUGURATE RS 7,300 CR PROJECTS IN MADHYA PRADESH

PM Modi inaugurated and laid the foundation stone for developmental projects worth Rs 7500 crore in Madhya Pradeshs

Inflation, industrial production data to drive mkt trends

Stock markets are poised to react to a variety of factors in the coming days, with analysts highlighting upcoming macroeconomic data releases and global trends, along with monitoring foreign investors' trading activity.

ONGC NET PROFIT FALLS 14 PER CENT TO RS 9,536 CR ON LOWER OIL PRICES

On Sunday, state-owned Oil and Natural Gas Corporation (ONGC) reported a 14 per cent decline in net profit for the third quarter ended 31 December 31, attributed to a fall in oil and gas prices.

Mkt-cap of 4 most valued firms jumps Rs 2.18 trillion

Last week witnessed significant fluctuations in the market, with four of the top-10 most valued firms collectively adding Rs 2.18 lakh crore in market valuation.

Adani Ports leads in climate actions and environmental performance

Adani Ports and Special Economic Zone Ltd. (APSEZ) has secured the top position for its climate actions and environmental performance in assessments done by four global rating agencies.

DIRECT TAX COLLECTION HITS 80 PER CENT OF REVISED FY24 TARGET AT RS 15.60 TRN

Current fiscal’s net direct tax collection surged 20 per cent year-on-year to Rs 15.60 lakh crore, hitting 8O per cent of revised full-year budget estimates.

Nadir Godrej honoured with Lifetime Achievement Award by PMFAI

Nadir Godrej, Chairman and Managing Director of Godrej Industries Limited (GIL) and Chairman of Godrej Agrovet Limited (GAVL) and Astec LifeSciences Limited, has been awarded the Lifetime Achievement Award by the Pesticides Manufacturers & Formulators Association of India (PMFAI)

STEELBIRD HELMETS EMERGES AS THE WORLD'S LARGEST HELMET PRODUCER

Steelbird Hi-Tech, a leader in helmet manufacturing, proudly announces its status as the world's largest helmet producer, achieving an outstanding sales milestone of 77,99,273 helmets globally.

Paytm forms 3-member advisory panel headed by former Sebi chief

Hit by the Reserve Bank of India's (RBI's) regulatory action, the board of One 97 Communications Ltd, which owns the Paytm brand, has formed a three-member group advisory committee chaired by former Sebi Chairman M Damodaran, to work with the board in further strengthening compliance and regulatory matters.

Iconic Mumbai heritage theatre Eros evolves into PVR-Inox IMAX screen

The iconic Eros Theatre in Mumbai was taken by PVR-Inox and now, Inox Eros at Churchgate has become the first standalone IMAX with laser theatre in Mumbai.

NIA RAIDS AIM TO DISMANTLE TERROR INFRASTRUCTURE IN J&K

The National Investigation Agency NIA) has conducted multiple raids in Jammu and Kashmir on Saturday as part of its crackdown against individuals allegedly involved in terror funding and the radicalization of youngsters, according to officials.

Maha court sentences Nepali man to 5-year imprisonment

A court at Vasai in Maharashtra's Palghar district has sentenced a Nepalese man to five years of rigorous imprisonment for sexually assaulting an 11-year-old girl in 2020.

Delhi HC warns MCD of dissolution over unpaid wages and pensions

The Delhi High Court has issued a final warning to the Municipal Corporation of Delhi (MCD) to address its financial issues by increasing resources and settling outstanding salary and pension payments for employees, or face the possibility of dissolution.

NGT PANEL TO CHECK DRAINS JOINING RIVERS

The National Green Tribunal on Saturday has formed a committee and is directed to inspect all the drains joining the Ganga and Yamuna rivers and all the Sewage Treatment Plants from which discharge is being made to the rivers in the Prayagraj district.