INDIA'S FOREX RESERVES RISE BY $2.58B TO $586.11B

India’s foreign exchange reserves saw a notable increase of $2.579 billion, reaching $586.111 billion in the week ending October 27, as reported by the Reserve Bank of India on November 3.

Adani Ports records 48% growth in cargo volumes at 37M tonnes

Adani Ports and Special Economic Zone, a prominent player in India’s port and logistics sector, experienced a remarkable upswing in cargo volumes, with a substantial 48 percent increase to 37 million metric tonnes (MMT) in October.

'India unlikely to have hyperloop trains in near future'

India is currently not inclined to embrace hyperloop technology for ultra-high-speed trains, according to V K Saraswat, a member of NITI Aayog, as the technology remains at a “very low level” of maturity and may not be economically viable at this juncture.

INDIA'S POWER CONSUMPTION SURGES 9.4% TO 984.39B UNITS

Furthermore, the peak power demand exhibited an increase, reaching almost 241 GW in the April-October period of the current fiscal year, in contrast to 215.88 GW during the corresponding period in 2022.

M&M, Hyundai record rise in sales

Hyundai Motor India registered total sales of 68 728 units in October 2023, which was 18.48 per cent higher yoy.

PPS MOTORS TO DELIVER 298 BHARATBENZ BUSES TO ODISHA GOVT

Automotive dealer PPS Motors is delivering nearly 300 BharatBenz buses to the Odisha Government as part of the location accessible multimodal initiative' (LAccMI).

HERO MOTOCORP PAT GROWS 47% YOY IN OCT'23

Hero MotoCorp reported profit after tax for Q2FY24 at Rs 1,054 crore, reflecting a growth of 47 per cent year-on-year over Rs 716 crore in the year ago period.

CONCOR: PIONEERING INDIA'S LOGISTIC REVOLUTION FOR OVER 30 YEARS

Logistics is very essential for the Indian economy Las it is the differentiating sector that can largely affect the exports with the underlying assumption of a robust logistics sector.

Messe Stuttgart enters India to elevate the education, edtech in Asia

Messe Stuttgart, one of the world's pioneer trade fair and exhibition companies announces its strategic partnership with the India Didactics Association to strengthen Asia's promising education, edtech, and skill development sector.

ED uncovers money laundering in Jal Jeevan Mission scam

The Enforcement Directorate (ED) said on Saturday it took swift action against corruption, conducting follow-up search operations at 26 locations, including bank accounts, in Jaipur and Dausa districts of Rajasthan.

PREMIUM UNLEASHES NEW PRODUCTS IN POWER TRANSMISSION

Premium, a leading name in the power transmission industry, is set to launch two groundbreaking products: PTXL Fluid Coupling and XE Geared Motor under the Xccelrator brand.

Odisha leads the world in disaster management

Odisha, a state on the east coast of India, serves as a beacon of hope and resilience in the world of disaster management, according to a report by The World Bank.

JGU AND PACE UNIVERSITY SIGN DEAL FOR STUDY ABROAD PROGRAM

A distinguished delegation from Pace University, New York, USA visited O.P. Jindal Global University (JGU) on Thursday.

AAP leader Sanjay Singh moves SC against HC order

Jailed Aam Aadmi Party (AAP) leader Sanjay Singh moved the Supreme Court challenging the Delhi High Court order dismissing to reject his plea against his arrest by the Enforcement Directorate (ED) in a money laundering case linked to the now-repealed excise policy of the Delhi government.

TEJASHWI YADAV MOVES SC SEEKING TRANSFER OF DEFAMATION CASE

Bihar Deputy Chief Minister Tejashwi Yadav on Saturday informed a trial court in Ahmedabad that he has moved the Supreme Court seeking transfer of the criminal defamation case against him and the matter is likely to be taken up on November 6.

Srinagar takes green route with Tata Motors E-buses

Tata Motors has supplied the first batch of state-of-the-art ultra EV air-conditioned electric buses to Srinagar Smart City via TML Smart City Mobility Solutions (J&K) Ltd, a Tata Motors Group company.

MERCEDES LAUNCHES GLE SUV, AMG SEDAN

Luxury car maker Mercedes-Benz India has launched the new GLE luxury SUV and the AMG C 43 4MATIC performance sedan, further strengthening Mercedes-Benz's SUV portfolio and setting new standards for driving performance and exclusivity.

STATES MAKE A SHIFT TOWARDS E-MOBILITY

India's states are aggressively pursuing the country's strategic shift towards electric mobility and playing a key role in reducing its dependence on import of crude oil by offering competitive incentives for vehicle buyers and manufacturers.

Competition Commission to launch market study on cement sector in India

The Competition Commission of India (CCI) is launching a pan-India market study on the cement sector, aiming to fact-find and develop a comprehensive understanding of the functioning of the cement market across regions in India, and the state of competition in the sector.

WORLD BANK-POWERED 'SKILL INDIA MISSION OPERATION' EMPOWERS INDIA'S YOUTH WORKFORCE

The World Bank, in partnership with the Ministry of Skill Development, is actively contributing to India's mission to empower its burgeoning youth workforce with the skills necessary for the future economy.

PHDCCI recommends measures for growth in aviation and cargo sectors

The PHDCCI Policy Forum has released a report shedding light on the transformative potential of India's civil aviation and air cargo sector and made a few recommendations for the betterment of the sector.

India's services sector sees decline in growth

After a robust and steady expansion in the post-Covid scenario, India's service economy in October witnessed a deceleration in growth and pick-up in price pressure as the seasonally adjusted S&P Global India Services PMI Business Activity Index fell from 61.0 in September to 58.4 in October, signalling the slowest rate of expansion since March.

DEMAND FOR PREMIUM GOODS MAY LIFT CONSUMER DURABLES INDUSTRY REVENUE BY 8-10%

The consumer durables sector is set for 8-10 per cent revenue growth in FY24, supported by premiumisation and steady growth in urban demand.

INDIA OFFERS TO WORK WITH LANKA ON DEBT RESTRUCTURING, ECONOMIC RECOVERY

India will work closely with Sri Lanka on discussions regarding debt restructuring as well as on the path of its economic recovery, with greater collaboration in promotion of digital education, digital payments, digital identity and cooperation in dairy development opening up vistas of greater engagement.

Home Minister Amit Shah to address election rallies in Gwalior, Shivpuri and Sheopur

Union Home Minister Amit Shah is gearing up for a significant political outing as he prepares to visit Gwalior, Shivpuri and Sheopur today, where he will address four election rallies in support of BJP candidates. During his visit to these regions, Amit Shah is also set to participate in two roadshows, highlighting the political significance of the visit.

SC HEARING ON TAMIL NADU'S PLEA AGAINST RSS FLAG MARCHES ON NOV 6

The Supreme Court on Friday scheduled a hearing on the Tamil Nadu government's plea challenging the Madras High Court's order permitting the Rashtriya Swayamsewak Sangh (RSS) to conduct flag marches in the state. A bench of Justices Surya Kant and Dipankar Datta will hear the case on November 6.

SC TO HEAR TN GOVT PLEA CHALLENGING RSS FLAG MARCHES ON NOV 6

The Supreme Court on Friday scheduled a hearing on the Tamil Nadu government's plea challenging the Madras High Court's order permitting the Rashtriya Swayamsewak Sangh (RSS) to conduct flag marches in the state. A bench of Justices Surya Kant and Dipankar Datta will hear the case on November 6.

SC Unlikely Reservation to Strike Down Women's Law Activation Clause

The Supreme Court on Friday said it would be \"very difficult\" for it to strike down a portion of the women's reservation law stipulating its activation following the Census.

BOMBAY HC REFUSES RTI REQUEST ON HERITAGE BUILDING AUDITS

The public information officer of the Bombay High Court has declined to provide information under the Right to Information (RTI) Act regarding the structural audits of the court's heritage building in south Mumbai. The officer claimed that disclosing such details could jeopardize the lives of judges and other officials.

Karnataka High Court Upholds Order Reinstating Absent KPTCL Employee

The Karnataka High Court on Friday has upheld the order of a single judge reinstating a Karnataka Power Transmission Corporation Limited employee who was dismissed from the service for being absent for a total of 632 days owing to depression.