Vi likely to miss Dec deadline to raise funds: Report

As it fails to finalise a deal with investors, Vodafone Idea (Vi) is likely to miss the December deadline to raise fresh funds, as per the media report.

APAC automakers navigate challenging global vehicle mkt landscape

Global vehicle sales are anticipated to experience a slow down in growth in 2024, influenced by weakened economic conditions and higher interest rates, according to Fitch Ratings.

Netweb Technologies partners with Nvidia to unlock potential of AI

On Tuesday, Netweb Technologies, based in Faridabad, revealed its collaboration with the American chip giant Nvidia. The partnership aims to enhance artificial intelligence (AI) infrastructure in India and develop high end computing applications.

ADANI TOTAL GAS LAUNCHES GREEN HYDROGEN BLENDING PILOT PROJECT

The project is expected to be operational by the FY24-25, with a gradual increase in the percentage of green hydrogen in the blend, reaching up to 8 per cent or more

HUL empowers women in STEM with fellowship

Hindustan Unilever Limited (HUL) has unveiled a pioneering initiative aimed at bolstering gender diversity in STEM fields – Science, Technology, Engineering, and Mathematics.

'Centre allocates Rs 6,080 cr for TN rail development'

The Central government has allocated a substantial sum of 6,080 crore rupees for the development of Tamil Nadu’s railway sector in the past year, according to Union Minister Ashwini Vaishnaw.

Government initiates sale of strategic minerals

The Ministry of Mines is gearing up to launch a groundbreaking initiative, set to debut India’s first-ever tranche auction of critical and strategic minerals on November 29.

COPPER PRODUCERS EMBRACE ENERGY SHIFT, STAY FINANCIALLY STRONG

The report forecasts copper prices to average around $8,000 per tonne in 2024 and 2025, slightly lower than the peak but higher than midcycle assumptions

Government renews focus on multipronged to curb online financial frauds coordination

With 70 lakh mobile connections involved in cybercrime/financial frauds reported through digital intelligence platforms disconnected so far and Rs 900 crore defrauded money saved, benefitting 3.5 lakh victims, the Government has initiated vigorous measures to safeguard citizens from financial frauds and address issues related to cyber security in the financial services sector and increasing incidents of recent online financial frauds.

India faces Rs 50,000-crore subvention overshoot

India’s subsidy bill for the current fiscal year is anticipated to surge by approximately Rs 50,000 crore, primarily attributed to increased spending on essential sectors such as fertilizers, cooking gas, and food security.

India's engineering exports to China decline in Oct

India’s export of engineering goods to China declined in October 2023, even as the shipments surged to as many as 18 countries, including the US, UK, and Germany, out of the 25 top destinations that globally recorded positive growth last month.

Adani group stocks soar, market value surges $15 billion

Shares of Adani Group companies saw a sharp surge, particularly Adani Enterprises Ltd., rising by 13% following the conclusion of India’s Supreme Court hearings related to a probe into the conglomerate’s previous stock drop.

VEHICLE RETAIL SALES IN FESTIVE PERIOD JUMP 19% YOY TO 37.93 LAKH

Record-breaking sales were reported in several categories, notes FADA President, Manish Raj Singhania, with rural areas particularly contributing to the surge in twowheeler purchases

Aaditya Thackeray raises concerns over unfilled civic ward positions

Shiv Sena (UBT) leader and Worli MLA Aaditya Thackeray criticized the state government, asserting that 11 out of Mumbai’s 24 civic wards lack full-time assistant commissioners. Accusing the government of being anti-Mumbai, Thackeray questioned the delays in the appointments, emphasizing the impact on the city’s administration.

SEAT-SHARING FORMULA FOR LS POLLS AFTER MAHARASHTRA ALLIES HOLD TALKS: FADNAVIS

Maharashtra Deputy Chief Minister Devendra Fadnavis on Monday said a seat-sharing formula for the 2024 Lok Sabha elections would be decided after holding discussions with allies, days after he asserted that the BJP would contest 26 out of 48 seats in the state.

PUNJAB AND HARYANA HIGH COURT SEEKING RESPONSE FROM CHANDIGARH MUNICIPAL CORPORATION IN PIL FOR EFFECTIVE IMPLEMENTATION OF ANIMAL BIRTH CONTROL RULES

The Punjab and Haryana High Court in the case Arushi Lamba v. Municipal Corporation, Chandigarh and Anr. and has issued the notice on the Public Interest Litigation, PIL moved wherein seeking the directions to Chandigarh Municipal Corporation to take adequate and appropriate steps with regards to the effective and expeditious implementation of the Animal Birth Control Rules, 2023, the ABC Rules in Chandigarh.

KERALA HIGH COURT: ALL TOURIST BUSES CANNOT BE OPERATE AS STAGE CARRIAGES

The Kerala High Court in the case Abdulla. H. Naushad V the State of Kerala Transport Department observed and has passed an interim order wherein the court directed that all the India tourist vehicles cannot be permitted to operate as stage carriers.

PAPER APOLOGY CANNOT BE ACCEPTED IN CONTEMPT CASES: ANDHRA PRADESH HC

In a very significant judgment with far reaching consequences which no one can ever afford to just gloss over, the Andhra Pradesh High Court in a most learned, laudable, landmark and latest judgment titled P Satyanarayan Reddy vs M Saraswathi, Deputy Director, Tribal Welfare in Contempt Case No. 1032 of 2019 that was pronounced as recently as on November 7, 2023 minced just no words to say in no uncertain terms that \"paper apology\" cannot be accepted in contempt of court cases. The Court was most forthright in observing that, \"Paper Apology\" is an apology which is hollow; or with no remorse, regret or repentance, or if it is only a device to escape the rigour of the law. It must also be disclosed here that the Court observed so while holding clearly that Mrs M. Saraswathi, the Deputy Director of Tribal Welfare guilty of contempt of court under Section 12 of the Contempt of Court Act, 1971 (CC Act).

India, the new rising sun in the changing global order: The soft power

The world remained under the shadow of unipolar superpower for a period. But that cannot be the case forever, nothing is permanent. Change is the law of the nature.

Malaysia PM announces visa-free entry for travellers from India

Malaysia is set to introduce a 30-day visa free entry for Indian and Chinese citizens starting from December 1, according to an announcement by Prime Minister Anwar Ibrahim. This move aligns Malaysia with recent similar actions taken by Thailand and Sri Lanka to attract foreign tourists.

UK PM SUNAK UNVEILS £29.5B OF INVEST AT HISTORIC GLOBAL INVESTMENT SUMMIT

Thousands of jobs will be created across UK in our most innovative sectors, including tech, life sciences, renewables, housing and infrastructure

Delhi Airport to use AI and cameras-based solutions to improve operations

The Delhi airport is set to leverage predictive analytics powered by artificial intelligence (AI) and camera-based solutions to enhance operational efficiency amid a surge in passenger traffic, according to a top official. The airport, the largest in the country, manages approximately 1,300-1,500 flights daily and anticipates handling over 70 million passengers in the current fiscal year ending March 2024.

Sembcorp to acquire wind assets in China, India for $200M

Singaporean energy company Sembcorp Industries made a significant announcement on Monday, revealing its plans to acquire 428 MW of wind power assets in China and India for a total sum of 200 million Singaporean dollars (approximately Rs 1,247 crore). This strategic move is aligned with Sembcorp’s commitment to expanding its renewable energy portfolio and contributing to the global shift towards sustainable power sources.

AIRBUS BOLSTERS TATA PARTNERSHIP FOR GROWTH OF INDIA'S DEFENCE SUPPLY CHAIN

The objective of the partnership between Airbus SAS and Tata Advanced Systems is to meet the demand for military transport aircraft as India replaces its ageing military transport fleet

Noida's housing market faces major setback

A recent white paper, released by citizens’ platform Noida Dialogue and private body Namo Seva Kendra, revealed alarming statistics about stalled residential projects in Uttar Pradesh’s Noida and Greater Noida areas.

J-K to boost winter power supply

The Jammu and Kashmir administration has greenlit the acquisition of an additional 500 MW of power from the Centre to address winter electricity shortages.

MORTH projected to spend Rs 1.85 lakh crore on road construction

To confront the mounting electricity scarcity anticipated during the winter months, the Jammu and Kashmir administration sanctioned the acquisition of an additional 500 MW of power from the Centre. The move aims to counterbalance the limited hydropower availability in the Union Territory, accentuated by diminishing river water levels.

INDIA'S SOLAR INSTALLATIONS PLUMMET 47% IN FIRST NINE MONTHS

CERC clarifications, issued late in the quarter, aim to resolve uncertainties for project developers regarding long-term access to transmission networks, easing connectivity issues ahead

India maintains fastest growth despite demand challenges

India's economic growth is anticipated to have slowed slightly but maintained resilience in the September quarter, sustained by robust service activity and strong urban demand despite a global downturn affecting export growth. Economists polled by Reuters project a Gross Domestic Product (GDP) expansion of 6.8% in the July-September period, a decline from the previous quarter's 7.8%.

India's food security policies come under global scrutiny

During the World Trade Organization (WTO) Committee on Agriculture (CoA) meeting, India encounters inquiries from various nations concerning the alignment of its recent initiatives with WTO regulations. Of particular interest are queries regarding the WTO-compatibility of the five-year extension of the PM Garib Kalyan Ann Yojna (PMGKAY) free foodgrains scheme and the prohibition on non-basmati rice exports.