Fivefold rise in Rs 5 lakh+ earners fuels India's consumption surge

The surge in India's consumption is being driven by a significant increase in the number of individuals earning over Rs 5 lakh per annum, according to data analysis by BNP Paribas.

Ambani targets Rs 49,000 crore market with battery innovation

Reliance Industries, led by India's wealthiest individual, Mukesh Ambani, is making significant strides in the electric vehicle (EV) sector with a game-changing product. The company recently unveiled its innovative swappable and multipurpose battery storage technology for EVS during the 'Battery Show' event in Greater Noida. This development is a crucial part of Reliance's ambitious $10 billion investment in clean energy.

RBI HOLDS POLICY RATES AT 6.50%, PEGS GDP GROWTH AT 6.5%, CHEERS REAL ESTATE, AUTO SECTOR

The Reserve Bank of India on Thursday kept the policy repo rate unchanged at 6.50 per cent amidst high inflation posing a major risk to India's macroeconomic stability and sustainable growth and projected FY24, GDP growth at 6.5 per cent, with a slight uptick for Q3FY24 to 6.3 per cent.

Decades of warnings preceded Sikkim glacial lake outburst flood

Several occasions in the last two decades have seen government agencies and research studies warning about potential glacial lake outburst floods (GLOFs) in Sikkim, which can cause massive damage to life and property.

PM MODI LAUNCHES PROJECTS WORTH RS 12,600 CRORE IN MP

To be built at a cost of about Rs 100 crore in Jabalpur, the 'Veerangana Rani Durgavati Smarak aur Udyaan' will be spread over an area of about 21 acres

DELHI MAYOR SHELLY OBEROI MOVED DELHI HIGH COURT SEEKING POLITICAL CLEARANCE TO TRAVEL ABROAD

The Delhi Mayor Shelly Oberoi in the case has moved the Delhi High Court wherein it is challenged the denial of political clearance by the Union Government for her visit to Brisbane in order to attend a conference.

Delhi High Court To Centre: Display 'Environmental Cost' of Projects At Construction Sites

The Delhi High Court in the case Aditya N Prasad v. Government of NCT of Delhi And Ors observed and has directed the Union Government for ensuring that the environmental cost of all projects, which includes the number of trees that are felled and location of compensatory plantation, is displayed at the construction sites.

DELHI HIGH COURT: HIGHER DEGREE OF CAUTION REQUIRED WHERE MARKS PERTAIN TO FOOD ITEM OR EATERIES; TRADEMARK INFRINGEMENT

The Delhi High Court in the case Dominos Ip Holder And Anr.v. Ms Dominick Pizza And Anr observed that where the trademarks in the suit pertain to the food items or eateries where food items are served, it needs to be observed that the higher degree of care and caution.

Army Land Sale Case: Jharkhand HC Rejects Bail Plea Of Former Ranchi DC

Jharkhand High Court has recently rejected a bail petition of former Ranchi Deputy Commissioner Chhavi Ranjan in the army land sale case.

Army Land Sale Case: Jharkhand HC Rejects Bail Plea Of Former Ranchi DC

Jharkhand High Court has recently rejected a bail petition of former Ranchi Deputy Commissioner Chhavi Ranjan in the army land sale case.

DELHI COURT GRANTS CRICKETER SHIKHAR DHAWAN DIVORCE ON GROUNDS OF CRUELTY BY WIFE

The family court of Delhi has recently granted divorce to Cricketer Shikhar Dhawan and her estranged wife and said the petitioner (Shikhar Dhawan) is entitled to a decree of divorce on the grounds of cruelty.

NEPAL AIMING AT FACILITATING 100 CRORE HINDU PILGRIMS TO KAILASH MANSAROVAR

Post the Covid-19 pandemic-induced lockdowns, China officially permitted the Kailash Mansarovar pilgrimage this year. Nevertheless, the substantial increase in fees and various visa restrictions, particularly affecting Indian pilgrims, resulted in the virtual cessation of the Yatra

With eye on China, Taiwan to boost protection for crucial tech

Taiwan is set to announce a list of technologies this year that it wants to protect from the reach of China, according to media report, citing a top Taiwanese official.

Google Pixel 8 launched in India! Check price, specs and more

Google has revealed the precise date of the formal release of its Pixel 8 range of premium smartphones.

Reliance unveils swappable battery for E-bikes

Reliance Industries, a business giant, revealed the idea of interchangeable batteries for electric two-wheelers on Wednesday.

Cricket World Cup: $2.4bn boost to Indian economy

The Cricket World Cup might improve host nation India's GDP by up to 200 billion rupees ($2.4 billion). The quadrennial competition, which begins on Thursday and lasts through mid-November, is anticipated to draw a sizable number of spectators from both locally and abroad. The fact that the matches will be played in 10 cities would mostly benefit the travel and hospitality industries, according to economists Jahnavi Prabhakar and Aditi Gupta in a note published on Wednesday.

VEDANTA'S $3BN DEBT SPOTLIGHT DESPITE SPINOFF PLAN

This acquisition binge is to blame for the conglomerate's ballooning debt. At the end of June, Vedanta Resources' total debt was $6.4 billion

MP govt distributes Rs 1,560 cr of Kisan Samman Nidhi

During a state-level conference held in Satna district, Madhya Pradesh Chief Minister Shivraj Singh Chouhan facilitated the transfer of Rs 1,560 crore from the Kisan Samman Nidhi to 72 lakh farmers with a single click.

VGGS set to kick off in New Delhi today

The Vibrant Gujarat The Global Summit (VGGS), led by Gujarat Chief Minister Bhupendra Patel, is scheduled to kick off with a 'curtain-raiser' event in New Delhi on 6 October, as announced in a press release.

Macrotech Developers' sales bookings grow by 12% annually

Macrotech Developers, a prominent real estate firm in India, has reported a 12% surge in its sales bookings during the July-September period due to robust housing demand.

CM CHAUHAN TO PROVIDE 35% QUOTA FOR WOMEN IN GOVT JOBS

Chief Minister Shivraj Singh Chouhan announced a 35 per cent reservation for women in police and various government positions, along with a 50 per cent w reservation for women in teaching roles.

Jio and Airtel allocate Rs 75,000 crore for network investments

Reliance Jio and Bharti Airtel, two major players in India's telecommunications industry, are reportedly set to make significant investments totalling approximately Rs 75,000 crore in the current fiscal year. These investments are aimed at strengthening and expanding their respective network infrastructures, according to a report by JM Financials.

SIDBI, Shell Foundation in $6 mn deal to boost National EV Mission

26,041,426 litres of fuel saved by EVs under FAME II

India's rise from 10th rank to world's 5th largest economy engineered by people power: FM

Finance Minister Nirmala Sitharaman on Thursday asserted that India's prospects of emerging as the world's third-largest economy could not be summed up as just \"a fait accompli\", rather, a work in progress spearheaded by the people of the country who have moved the Indian economy from the 10th position to the 5th and who will take it to the 3rd position as well.

India, UAE sign RuPay card scheme deal, review CEPA, sigh MoU on hi-tech cooperation

In a significant upgradativity pillar of the India-UAE bilateral relations, the NPCI International Payments Limited (NIPL), a wholly-owned subsidiary of the National Payments Corporation of India (NPCI), has entered into a strategic partnership agreement with Al Etihad Payments (AEP) for implementation of the domestic card scheme (DCS) in the UAE, wherein NIPL and AEP will work together to build, implement and operationalize UAE's national domestic card scheme. Al Etihad Payments is an indirect subsidiary of the Central Bank of UAE (CBUAE) and the NIPL assists other countries with its knowledge and expertise in establishing their own cost-efficient, and secure payment systems.

INDIA'S SERVICE SECTOR GROWTH AMONG STRONGEST IN OVER 13 YRS AS PMI RISES TO 61.0 IN SEPTEMBER

The uptick meant that the index averaged 61.1 over the second fiscal quarter, above that seen in the prior three-month period (60.6)

Madhya Pradesh has over 560 lakh voters

The number of electorates in Madhya Pradesh is more than 5.60 crore, excluding service voters, after the publication of the final photograph-based electoral rolls for all the 230 assembly constituencies, a senior election commission official said on Wednesday.

PM MODI TO LAUNCH DEVELOPMENT PROJECTS IN RAJ, MP TODAY

In Jodhpur in Rajasthan, the Prime Minister’s Office said, PM will lay the foundation stone and inaugurate multiple development projects in sectors like road, rail, aviation, health and higher education

KRISHNA JANMABHOOMI DISPUTE: SC ASKS ALLAHABAD HC REGISTRAR TO FURNISH INFORMATION ON SUITS

The Supreme Court on Tuesday asked the Allahabad High Court registrar to be physically present before it on October 30 and place the requisite information and documents pertaining to the Sri Krishna JanmabhoomiShahi Idgah dispute.

SKILL DEVELOPMENT SCAM: NO RELIEF TO CHANDRABABU NAIDU

The Supreme Court on Tuesday deferred till October 9 hearing of TDP (Telugu Desam Party) leader N. Chandrababu Naidu’s plea challenging an Andhra Pradesh High Court order that dismissed his petition to quash an FIR related to the Skill Development Corporation scam case.