India joins stock market giants

This month, fund manager Abhay Agarwal received an unexpected influx of calls from international investors displaying more than a passing interest in India.

Tea industry struggles as costs rise, prices plummet in 2023

The tea industry grappled with an uncertain future throughout the year, facing the dual challenges of escalating input costs and dwindling price realization at auctions, rendering operations unsustainable.

PLI INVESTMENTS SURPASS RS 32,500 CR IN H1 FY23

Among the 14 PLI schemes introduced since March 2020, the most successful ones include electronics (including smartphones), advanced chemistry cells, bulk drugs, medical devices, pharmaceuticals, automobiles, white goods, and drones

MUMBAI POLICE ARRESTS VADODARA MAN FOR SENDING THREATS TO RBI, PRIVATE LENDERS

The Mumbai Police Crime Branch apprehended an individual from Vadodara, Gujarat, for sending a threatening email to the Reserve Bank of India (RBI), HDFC Bank, and other private lenders.

MEYER ORGANICS INITIATES SAFE RIDERS’ SEMINAR AND HELMET DISTRIBUTION

Meyer Organics Pvt Ltd, a leading health and wellness company, successfully concluded an impactful Corporate Social Responsibility (CSR) initiative to promote road safety.

BOMBAY HIGH COURT: FUNDAMENTAL RIGHT TO TRAVEL ABROAD, AUTHORITY CANNOT CITE ONGOING DISPUTE OVER APPLICANT'S ADDRESS TO DENY PASSPORT

The Bombay High Court in the case observed and has directed the Regional Passport Officer, Mumbai to renew the passports of a woman and her two sons, which were earlier rejected by the Passport Authority due to objections which are raised by the brother-in-law of woman's over the address being mentioned by them in their passport applications.

Allahabad High Court: No Real Use In Relegating Cases Of Undisputed Facts To Forum Of Alternate Remedy

The Allahabad High Court in the case Hindustan Paper Machinery Industries vs Commissioner Cgst And 2 Others observed and has held that tax cases where the facts are undisputed and there are issues of jurisdiction and the violation of principles of natural justice s involved, it may not be relegated to the Authorities.

INDIA, RUSSIA INK PACTS FOR KUDANKULAM NUCLEAR PLANT EXPANSION

In Tamil Nadu, the largest nuclear power station in India, Kudankulam, is being constructed with Russian technical support

MERCEDES-BENZ GLS FACELIFT LAUNCH IN INDIA ON JANUARY 8

Mercedes-Benz India has declared that the German brand’s introduction will begin on January 8, 2024, with the release of the GLS facelift

India sets sights on $1B banana export goal

After successfully exporting a trial shipment of fresh bananas to the Netherlands via the sea route, India aims to increase banana exports to $1 billion in the next five years, according to an official.

L&T secures significant contract in Saudi Arabia

The construction arm Toubro has been chosen as the contractor to establish various systems related to renewable energy generation and utilities, for the Amaala project in the Red Sea region of Saudi Arabia, the company informed stock exchanges on Wednesday.

RBI reports narrowing of India's July-Sep current account deficit

India's current account deficit narrowed to USD 8.3 billion in the second quarter of the financial year 2023-24, lower than the USD 9.2 billion it recorded in the preceding quarter.

GOVERNMENT TAKES ACTION AGAINST DECEPTIVE LOAN APP PROMOTIONS

The central government is taking action against the promotion of deceptive loan apps on social media

Private funding hits $27.9B low for domestic companies

Investments from private equity and venture capital funds in domestic companies decreased by approximately 40 per cent to USD 27.9 billion this year, while outflows rose marginally to USD 19.34 billion year-on-year.

Amidst global headwinds, banking system well placed to advance on asset quality, profitability

Amidst a highly uncerLtain outlook for the global environment, the Indian banking system has been well positioned to improve further, with better asset quality, high capital adequacy and robust profitability supported by bright prospects for domestic economic activity.

India joins stock market giants

This month, fund manager Abhay Agarwal received an unexpected influx of calls from international investors displaying more than a passing interest in India.

Tea industry struggles as costs rise, prices plummet in 2023

The tea industry grappled with an uncertain future throughout the year, facing the dual challenges of escalating input costs and dwindling price realization at auctions, rendering operations unsustainable.

PLI INVESTMENTS SURPASS RS 32,500 CR IN H1 FY23

Among the 14 PLI schemes introduced since March 2020, the most successful ones include electronics (including smartphones), advanced chemistry cells, bulk drugs, medical devices,pharmaceuticals, automobiles, white goods, and drones

MAHARASHTRA RESEARCH SCHOLARSHIP EXAM ACCUSED OF COPYING SET 2019 QUESTION PAPER

A recent examination designed to assess eligibility for research scholarships at prestigious institutes such as Sarthi, Barthi, and Mahajyoti has ignited a wave of controversy in Pune and across the state.

CISF PERSONNEL INTERROGATE INDIAN PASSENGERS

The Central Industrial Security Force (CISF) officials have been interrogating the Indian passengers implicated in an alleged human trafficking scam following their landing at Mumbai airport.

BOMBAY HIGH COURT: LAWYERS WHO SIGN PLEADINGS WHICH 'SCANDALIZE' COURTS WITHOUT EXISTENCE OF ADEQUATE GROUNDS CAN BE HELD LIABLE FOR CONTEMPT

The Bombay High Court in the case observed and has held that an advocate who signs an application or pleading with scandalous remarks against the Court which being without reasonable grounds to create an artificial situation so that the matter was recused by a judge may be liable for a contempt action.

PARLIAMENT... WITHOUT A BOWLER

Inademocratic process, it is difficult to imagine Parliament functioning without Opposition

JAISHANKAR ENGAGES RUSSIAN LEADERS ON CONNECTIVITY AND REGIONAL CONFLICT

External Affairs Minister S. Jaishankar expressed optimism about the positive trajectory of India-Russia ties due to geopolitical and strategic convergence

Infosys shares drop 2% after 1.5 bn deal termination

In intraday trading on Tuesday, shares of Infosys fell 2.5 per cent to Rs 1,522.50 on the BSE following the company's announcement on Saturday that a multinational corporation had chosen to end a multi-year, $1.5 billion deal with it.

Telecommunications bill receives presidential approval

The President has ratified the Telecommunications Bill that was just enacted by Parliament. In order to make the telecom industry more investor-friendly, the nation's century-old telecom law is expected to be overhauled by \"The Telecommunications Act, 2023,\" which prioritizes user protection while simultaneously giving the government the authority to intercept communications.

Kazakhstan tops GDP Growth in Central Asia and CIS states

Kazakhstan holds the top position in Gross Domestic Product (GDP) among Central Asian countries and the Commonwealth of Independent States (CIS), as per the Finprom financial and business analytical service's report cited by the Kazakhistan embassy in India.

ASIA-PACIFIC SOVEREIGNS FACE CHALLENGES IN 2024, SAYS FITCH RATINGS

The most recent outlook from Fitch Ratings indicates that sovereigns will outperform their worldwide counterparts in 2024 with robust growth

7,600 FPOS REGISTERED, GOVT TARGET, BOOSTING EXCEEDING 75% OF FARM PRODUCTIVITY

Nearly 7,600 FPOs registered, 75% govt target, boosting farm productivity 51.5% agri exports from just 5 products makes sector vulnerable

CAD slips to 1% of GDP in O2, experts peg range of 1.5-1.8 % of GDP

India’s current account deficit posted a sharp decline to 1 per cent of the GDP at USD 8.3 billion in the September quarter of the current fiscal 2023-24, lower than the deficit of 1.1 per cent of the GDP at USD 9.2 billion in the first quarter of FY24 and deficit of 3.8 per cent of the GDP at USD 30.9 billion posted in the year-ago period -- Q2FY23, RBI data on Tuesday showed.

Promoters to invest Rs 9,350 cr equity in Adani Green arm

Renewable energy developer, Adani Green  Energy has announced the approval of an infusion of INR 9,350 crore (equivalent to USD 1,125 million) investment for deleveraging and accelerated capital expenditure.