CATEGORIES

BPCL Buys Middle East Crude Oil to Replace Russian Shortfall

State-run Indian refiner Bharat Petroleum Corp is buying Middle Eastern crude to make up for less supply of cheaper Russian oil, its head of finance Vetsa Ramakrishna Gupta said in a recent interview, Reuters reported.

UFlex Investing Nearly $200 Million in Egypt on Capacity Expansion

Flexible packaging and solutions firm UFlex is investing around USD 200 million (over Rs 1,710 crore) in Egypt on two projects as part of its backward integration strategy, in a bid to serve markets in neighborhood countries and Europe, besides catering to domestic requirements, according to a senior company official.

Economy exhibiting resilience, GDP to grow at 6.6% in FY25

The Indian economy is exhibiting resilience and stability, and the gross domestic product (GDP) is projected to grow at 6.6% in 2024-25, aided by a revival in rural consumption, a pickup in government consumption and investment, and strong services exports, a RBI report said on Monday.

Vivad Se Vishwas Scheme gets 1-mth extension

The government has extended by a month the due date to resolve pending appeals in the case of income tax disputes under the Vivad Se Vishwas Scheme.

Sebi Allows NCS Subscription During Trading Window Closure

Capital markets regulator Sebi on Monday permitted subscription to non-convertible securities (NCS) during the trading window closure period, marking a significant update to its insider trading norms.

Gilts Up in Thin Trade on Investors' Buys Towards Close

India's government bond prices ended higher in thin trade due to scattered buying towards the end of the trade by state-owned and private banks, likely for their asset-liability management.

Bull Run in Gold Will Continue in 2025

The gold market remained upbeat throughout the year 2024, accumulating handsome gains for the yellow metal investors, and it is expected that the precious metal will shine going into the New Year.

India's mfg sector's contribution to GVA will surge to 21% by 2032 from 14% now

The manufacturing sector in the country is poised for significant growth, with its contribution to the Gross Value Added (GVA) expected to rise from the current 14 per cent (USD 459 billion) to 21 per cent (USD 1,557 billion) by 2032.

Govt Starts Countervailing Duty Probe On Vietnamese Chemical

India has initiated a countervailing duty probe into increased imports of a chemical – Calcium Carbonate Filler Masterbatch – used in the plastic industry, from Vietnam.

Sensex drops by 451 points, Nifty ends below 23,650

Benchmark Sensex declined by nearly 451 points on Monday due to selling in heavyweight stocks HDFC Bank, ICICI Bank and Reliance Industries, weak global trends and unabated foreign fund outflows.

I-T Dept Not Looking at Digi Yatra Data to Crack Down on Tax Evaders

The civil aviation ministry on Monday said data of passengers who use Digi Yatra are not shared with the Indian tax authorities.

Budget 2025: India Inc seeks cut in personal income tax rates, flags dumping by China

Representatives from industry bodies sought reduction in personal income tax rates to ensure higher disposable income in the hands of the middle class, reduction in excise duty on fuel, and measures to provide impetus to employment-intensive sectors in their customary pre-Budget meeting with the Finance Minister on Monday.

Silent firing' on the rise with rapid technological advancement: Report

With rapid technological advancement, silent firing – a strategy by companies to indirectly push employees to leave their roles – has picked up pace, with 10 per cent of employers preferring layoffs for redundant positions, a report said on Monday.

Prospects of economy expected to improve in 2025: RBI Guv

Consumer, biz confidence remains high

Speeding Car Kills 1, Injures 2

A speeding car collided with a two-wheeler near Naira Petrol Pump on Wadgaon-Teesgaon Road on Saturday night, resulting in one death and two injuries.

Woman's murder mystery solved after five days

The murder of an unidentified woman, whose body was discovered on Dec 24 in Nagesh-wadi, Aundha Nagnath taluka, was solved after five days of investigation.

Cricketer Dies of Suspected Heart Attack During Match

A 30-year-old cricketer, Vijay Patel, collapsed and died of a suspected heart attack while playing in the Christmas Trophy tournament at the Frazer Boys Ground in Jalna on Monday morning.

Police Interrogate Kshirsagar's Girlfriend

In the ongoing investigation into the Rs21.59 crore embezzlement case at the divisional sports complex in Chhatrapati Sambhajinagar, police interrogated Harshkumar Anil Kshirsagar's girlfriend, Arpita Wadkar on Sunday.

BJP harps on Rahul getaway to Vietnam

The bitterness between the Congress and the BJP over the Centre's refusal to allow former Prime Minister Manmohan Singh's cremation at the Rajghat complex or the adjoining Smriti Sthal site, where several PMs have been cremated manifested in the latter accusing Cong leader Rahul Gandhi of flying out of the country for new year celebrations even as the seven-day mourning for the late PM was on.

Leopard attacks 4-year-old girl in Vaijapur

Leopard attacks are increasingly reported in Vaijapur taluka, with the latest incident involving a 4-year-old girl in Talwada Shivar on Sunday evening.

Police Crackdown on Drunk Driving

With the New Year celebrations approaching, the city police have launched a strict drive against drink-driving to curb accidents.

Paranjape Schemes launches 16th Athashri

Paranjape Schemes, India's largest senior citizen housing provider with more than 2500 families staying across 15 Athashri's, is pleased to announce the launch of its latest specially designed senior citizen residential project at Forest Trails in Bhugaon, Pune. This marks the 16th senior living community developed by Paranjape Schemes, reaffirming the company's commitment to providing purpose-built homes for seniors that combine comfort, convenience, and an exceptional quality of life. The strategic location in Bhugaon provides easy access to urban conveniences while being surrounded by lush greenery, offering residents the best of both worlds.

District set for Bhima Koregaon anniversary

Apart from the usual preparations for the New Year's celebration, Pune Police and the administration are also preparing for the Bhima Koregaon battle anniversary on Jan 1 in the district.

Pune Police's 2025 Resolution

Focus on controlling crime and enhancing surveillance

PMC mandates green tankers for STP

After The Free Press Journal (FPJ) published a story on Dec 28 regarding Kharadi residents falling sick due to contaminated water supplied by tanker vendor, the Pune Municipal Corporation has mandated green tankers for sewage treatment plant (STP) water with a clear label stating that the water is not for drinking purpose and is from the STP.

Pub Stokes Controversy

While pubs and restaurants bring out several attractive offers to attract consumers on New Year's Eve celebrations, a pub in Pune has stoked a controversy by sending condoms and ORS with the invite for parties.

MP Mohol Holds Outreach Programme

The 'Khasdar Jan Sampark Seva Abhiyan' or Janata Darbar (public outreach programme), aimed at directly addressing the problems and concerns of Punekars, was held by Union Minister of State and Pune MP Murlidhar Mohol on Sunday in the Pune Cantonment Assembly constituency with significant public participation.

Discussion on Vedic Microbiology

Around 300 students from more than 35 colleges of various universities registered for this event

23-Week Preemie Wins 100-Day Fight for Life at NICU

Preemies born before 24 weeks have a low chance of survival due to underdeveloped brain and lungs

Neighbour hurt amid couple's fight

The Turbhe police have filed a case against a man after his neighbour was injured while the man was with his wife over a domestic issue.