FPIs infuse Rs 26,505 cr in equities during December kickoff

Foreign Portfolio Investors (FPIs) have demonstrated renewed confidence in the Indian equity markets, injecting a substantial Rs 26,505 crore in the first six trading sessions of December.

Uttarakhand HC initiates pending criminal cases against MPs & MLAs

The Uttarakhand High Court has taken suo motu cognizance of the backlog of criminal cases involving Members of Parliament (MPs) and Members of Legislative Assembly (MLAs) in the state and has sought a response from the government within two weeks.

TOSHIBA, ROHM TO INVEST $2.7 BILLION TO JOINTLY PRODUCE POWER CHIPS

Toshiba nounced and Rohm ana substantial investment of 388.3 billion yen ($2.7 billion) to jointly manufacture power chips, marking their first collaboration post Rohm's involvement in Toshiba's $14 billion buyout.

NCLAT puts hold on CCI penalty for NTPC's Ratnagiri Gas & Power shares acquisition

The National Company Law Appellate Tribunal (NCLAT) has stayed a CCI order that imposed a penalty on stateowned power producer NTPC for not disclosing the acquisition of 35.47 per cent equity share capital in Ratnagiri Gas & Power Private Ltd.

Swiss-Indian Chamber of Commerce launches Kolkata chapter to boost trade

The Swiss-Indian Chamber of Commerce (SICC) inaugurated its Kolkata chapter, the sixth one in India, to boost trade between the two countries.

SOURCEFUSE EXPECTS TO CROSS RS 200 CR THIS FISCAL

IT services firm SourceFuse expects to cross Rs 200 crore revenue mark this fiscal driven by its machine learning solution segment, a senior company official said.

PM MODI URGES 'WED IN INDIA' TO RETAIN RS 1 LAKH CRORE SPENDING ABROAD

Prime Minister Narendra Modi’s recent call for “Wed in India” has set the stage for a potential influx of Rs 1 lakh crore back to the country, redirecting expenditures incurred on destination weddings abroad.

PUNJAB & HARYANA HC ORDERS SALARY HOLD FOR NON-COMPLIANCE BY TOP OFFICIALS

The Punjab and Haryana High Court has directed the Punjab government to withhold the salaries of the heads of its education and finance departments until they comply with the court’s order to grant “service benefits” to a group of teachers who had filed a petition over a decade ago.

KARNATAKA GRANTS BAIL TO ACCUSED MOHAN NAYAK

The Karnataka High Court has granted bail to Mohan Nayak N, the 11th accused in the murder of journalist Gauri Lankesh.

Auto majors set for price hike amidst upswing in input costs

The pressure to balance rising input costs is leaving little option for India’s automobile industry than to go for a price hike.

OMCS TO SET UP 7432 EV CHARGING STATIONS

The Ministry of Heavy Industries has sanctioned 7432 electric vehicle charging stations to three oil marketing companies (OMCs) under the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) Scheme phase-II and has also sanctioned Rs 800 crore as capital subsidy to the OMCs of the Ministry of Petroleum and Natural Gas (MoPNG) for establishment of the EV public charging stations.

CLIMATE CENTRE FOR CITIES AT NIUA, JOIN THE 'RACE TO RESILIENCE CAMPAIGN' AT COP28

The Climate Centre for Cities (C-Cube) at the National Institute of Urban Affairs (NIUA) joined the Race to Resilience Campaign, an initiative led by the UN Climate Change High Level Champions for COP27 and COP 28 to mainstream the resilience in cities across India.

IITian creates new-age finance platform to boost NGOs

The growing importance of sell-help groups and non-profits under the Narendra Modi government’s push for “Sabka Saath, Sabka Vikas…” is set to get a further boost with a former IITian coming up a new-age platform for transparent and outcome-based financing for NGOs.

India's GDP growth is 10 years' transformative reforms reflection: PM Modi

Prime Minister Narendra Modi on Saturday said India’s GDP growth of 7.7 per cent in the first six months of the current fiscal year is a reflection of the country’s strengthening economy and the transformative reforms carried out in the last 10 years.

GOVT TO PROCURE DOMESTIC RAW MATERIAL TO PUSH $40 BILLION APPAREL EXPORTS

The Government is pushing for the expansion of textile exports to USD100 billion led by growth in exports of readymade garments (RMG) from USD 16 billion to USD 40 billion which will have the potential to be a game changer for the future of the textiles industry and create a value-added proposition.

STRONG HOUSEHOLD SPENDING TO SPUR INDIA'S RISE TO 3RD LARGEST CONSUMER MARKET

India’s consumer spending over 2024 demonstrates a positive outlook, offering stable growth as consumer confidence recovers beyond pre-covid levels, buoyed by recovery in the wider Indian economy and suggesting that consumer spending on big-ticket items will be more likely. However, sticky inflation and elevated unemployment stay as downside, as per an outlook for India’s consumer sector by Fitch Solutions company, BMI.

MAHA WINTER SESSION: OPPOSITION LEADERS SHOUT SLOGANS TO TARGET GOVT OVER FARMERS' ISSUES

On the second day of the winter session of Maharashtra legislature, the Opposition continued to accuse the government of not acting on issues faced by farmers and its demands for higher MSP for cotton, better prices for onions and farm loan waiver.

Maharashtra govt to form study group to curb Ponzi schemes: Fadnavis

The Maharashtra government will form a study group to go through the rising cases of Ponzi schemes in the state and work on its recommendations to curb them, said deputy chief minister and state home minister Devendra Fadnavis on Friday. He was speaking during the question hour in the winter session of the state legislature which began on Thursday.

MAHARASHTRA BJP MLAS HOLD PROTEST IN NAGPUR AGAINST PRIYANK KHARGE'S REMARK ON SAVARKAR

Reacting to Karnataka Minister Priyank Kharge’s comment suggesting the removal of the portrait of India’s freedom fighter Vinayak Damodar Savarkar from the Karnataka state Assembly building, BJP MLAs in Maharashtra held a protest and raised slogans on the stairs of Vidhan Bhavan, Nagpur on Thursday.

BJP'S OPPOSITION TO NAWAB MALIK'S INDUCTION SPARKS INTENSE CONTROVERSY

The political landscape in Maharashtra is currently ablaze with controversy as Deputy Chief Minister Devendra Fadnavis of the Bharatiya Janata Party (BJP) opposes the induction of Nawab Malik, a senior leader of the Nationalist Congress Party (NCP), into the ruling alliance. The rift has ignited a war of words among leaders from different factions, adding fuel to an already tense political scenario.

SUPREME COURT TAKES SUO MOTU COGNISANCE OF CALCUTTA HIGH COURT JUDGEMENT ADVISING FEMALE ADOLESCENTS ON SEXUAL BEHAVIOUR

The Supreme Court in the case observed and has taken the Suo motu cognizance of the judgement of the Calcutta High Court wherein the court stated that every female adolescent should control the sexual urge as in the eyes of the society she will be the looser when she gives in to enjoy the sexual pleasure of hardly two minutes.

62nd network planning group meeting under PM GatiShakti discussed four infrastructure projects worth Rs 15,000 crore

The 62nd Network Planning Group (NPG) meeting under PM GatiShakti was held yesterday in New Delhi, under the chairpersonship of Special Secretary (Logistics), Department for Promotion of Industry and Internal Trade (DPIIT), SumitaDawra.

CBDC HAS THE POTENTIAL TO REDUCE CROSS-BORDER TRANSACTION COST TO 2-3%: SECRETARY, DEPARTMENT OF ECONOMIC AFFAIRS

Addressing FICCI’s 96TH Annual General Meeting and Annual Convention, on the theme- ‘The World’s Growth Engine’, Mr Ajay Seth, Secretary, Department of Economic Affairs, Ministry of Finance, Govt of India, said that the Central Bank Digital Currency (CBDC) has the potential to reduce cross- border transaction cost to two-three per cent.

HIROKAZU MATSUNO ALLEGEDLY RECEIVED 10 MILLION YEN IN KICKBACKS

In a recent development that has sent shockwaves through Japanese politics, Chief Cabinet Secretary Hirokazu Matsuno, a prominent member of the ruling Liberal Democratic Party’s (LDP) largest faction, is under scrutiny for allegedly receiving over 10 million yen (USD 70,000) in kickbacks from fundraising events organized by his party group.

Maruti to launch 550 km range EV by March 2025

According to a report by Autocar India (ACI), Maruti Suzuki, the largest automobile manufacturer in the nation, is scheduled to launch the eVX, the nation’s first electric vehicle, in the Indian market in March of the following year.

94% parents concerned about Child's mental health from smartphone use

The mobile device manufacturer vivo and Cybermedia Research, 94% of parents are extremely concerned about the mental health of their kids as a result of their exposure to cellphones, and 91% of them want some restrictions on their access.

Adani Ports aiming for carbon neutrality by 2025

Gautam Adani, the chairman of the Adani Group, declared on Friday that by 2025, all of the company’s port operations will be carbon neutral.

TATA GROUP TO BUILD IPHONE FACTORY FOR APPLE'S INDIA EXPANSION

Those with knowledge of the situation claim that Tata intends to build the factory in Hosur, in the southern state of Tamil Nadu

559 cooperatives join GeM portal as buyers: Amit Shah

As of November 15, 559 cooperative societies have registered as buyers on the government’s public procurement system, Government e-Marketplace (GeM), enabling them to purchase items from thousands of MSMEs and other companies, as disclosed to Parliament by Cooperation and Home Minister Amit Shah.

10,000 fuel stations now offer EV Charging Nationwide

Electric vehicle charging stations are now available at almost 10,000 gas stations nationwide, indicating that conventional energy providers are determined to keep up with India’s swift transition to electric automobiles.