CATEGORIES

FOR TELECOM COMPANIES, REVENUE PER USER TO CROSS A DECADE-HIGH NEXT FINANCIAL YEAR: CRISIL

The latest tariff hike and growing data consumption are expected to lift the average revenue per user (ARPU) per month for Indian telecom companies, according to Crisil Ratings.

PETROLEUM MINISTER HARDEEP PURI PRAISES ONGC AS ITS SHARE PRICE SURGES TO RECORD LEVELS

ONGC’s share price hits all-time high, reaching Rs 323 with a 5.18% intraday gain, boosting market cap to Rs 4.06 lakh crore.

Stronger domestic demand to boost industrial growth in FY25: CRISIL

Industrial activity in the current fiscal year is anticipated to gain momentum from an uptick in domestic consumption, as highlighted in a recent CRISIL report.

Stocks and Treasury yields rise as likelihood of Trump victory grows

World stock indexes and Treasury yields rose on Monday as investors weighed the potential implications of Republican Donald Trump winning the U.S. presidential race after surviving an assassination attempt.

Oil dips as China's demand concerns resurface

Oil prices dipped slightly on Tuesday due to concerns about a slowing Chinese economy affecting demand, although expectations that the U.S. Federal Reserve might soon cut interest rates helped limit the decline.

Paytm contests SEBI warning, says followed listing rules

In response to an administrative warning from the Securities and Exchange Board of India (SEBI), Paytm, India’s leading payments and financial services distribution platform, has asserted its adherence to listing regulations and committed to addressing SEBI’s concerns.

UNIFORM 5% TAX ON PLANES AND ENGINE PARTS TAKES FLIGHT IN INDIA

Minister Naidu announced a standardized 5% IGST rate on aircraft parts to simplify the tax structure, reduce costs, and attract investment in the aviation sector.

SBI Hikes Lending Rates By 5-10 Basis Points, New Loans To Be Pricier

The State Bank of India (SBI) announced on Monday a hike in its Marginal Cost of Funds Based Lending Rate (MCLR) by 5-10 basis points for most tenors.

NST Cyber Welcomes Industry Veteran Pradeep Kumar as Chief Product Architect

NST Cyber, a leading provider of cutting-edge offensive cybersecurity solutions, is thrilled to welcome Pradeep Kumar, as its Chief Product Architect.

'H. M. Electro Mech Limited' Filed DHRP with BSE SME

H. M. Electro Mech Limited (“The Company” or “HMEML”) has filed its Draft Red Herring Prospectus (“DRHP”) with BSE SME on June 28, 2024.

India, exports up, $8 billion trade deficit widens (June 2024)

The trade data for June 2024 paints a nuanced picture of India’s economic performance, marked by a notable increase in exports tempered by a widening trade deficit driven by robust import growth.

Court defers arguments on charge in excise policy case

The Rouse Avenue court on Monday deferred hearing arguments of the Central Bureau of Investigation (CBI) on charges against the accused in the Delhi Excise policy case. The matter has been listed on July 22.

BJP WORKERS STAGE PROTESTS AGAINST KEJRIWAL OVER RISE IN POWER TARIFFS

The Bharatiya Janata Party (BJP) workers took to the streets in Delhi on Monday to protest against Chief Minister Arvind Kejriwal over the rise in power tariffs and water issues faced by the people.

SUPREME COURT TO DELHI POLICE: PETITIONERS IN CONTEMPT CASE AGAINST DDA SHOULD NOT BE HARASSED

The Supreme Court in the case Bindu Kapurea v. Subhasish Panda, New Delhi Nature Society v. Rajesh Kumar Kaushal And Ors observed and has stated that no authority shall harass the petitioners who filed a contempt case against the Delhi Development Authority, DDA over illegal tree felling in Delhi Ridge Forest Area.

ASHOK LEYLAND BAGS SINGLE LARGEST ORDER OF 2,104 BUSES FROM MAHA GOVT

These modern, fully built buses will comply with the latest Central Motor Vehicle Rules CMVR) standards and feature AIS 153 compliant bodies.The order, awarded by the domestic entity MSRTC, is for the supply of BSVI OBD II Diesel Fuel Type Fully Built Passenger Buses.

KOTAK811 RELEASES THE ALL NEW MULTI-FEATURED KOTAK811 MOBILE BANKING APP

Kotak Bank announces the latest enhancement of its Kotak811 Banking App, boasting a revamped user interface for a truly intuitive experience.

UNION MINISTER MANOHAR LAL OVERSEES PROGRESS AT 2400 MW TEHRI HYDRO POWER COMPLEX

During his visit, the minister inspected critical areas at the Tehri Power Complex and praised THDC’s efforts in advancing hydropower generation, aligning with Prime Minister Narendra Modi’s vision for India’s development by 2047

Union BUDGET 2024: Ratul Puri demands policy boost, AI revolution for power targets

India is making significant progress in the renewable energy sector, aiming to transform its energy landscape and reduce its reliance on fossil fuels.

Food, energy push India's wholesale inflation to 3.36% in June

India’s Wholesale Price Index (WPI) saw a notable rise in June 2024, climbing to 3.36% from 2.61% in May, as reported by the Commerce Ministry on Monday.

Minister Piyush Goyal visits Switzerland to boost EFTA's $100 billion investment in India

Union Commerce and Industry Minister Piyush Goyal embarked on an official visit to Switzerland to strengthen the commitments established by India’s recently signed free trade agreement with the European Free Trade Association (EFTA).

INDIA EXPORTS SURPASS $200 BILLION IN Q1, GOVERNMENT AIMS FOR $800 BILLION ANNUALLY

In June, India’s overall exports increased by 5.4% year-on-year to USD 65.47 billion, while imports rose by 6.3% to USD 73.47 billion

Delhi High Court: Uploading Of Notices By GST Department Under Heading 'Additional Notices' Is Sufficient Service

The Delhi High Court in the case Kamla Vohra Versus Sales Tax Officer observed and has held that the uploading of notices by the GST department under the heading ‘additional notices’ amounts to sufficient service.

Softbank nominee to join OYO board: Sources

IPO-bound unicorn Oyo’s parent firm Oravel Stays Ltd is set to appoint Sumer Juneja, Managing Partner and Head of EMEA & India Investing at SoftBank Vision Fund, as a non-executive director on its board, sources said.

Aim to make Mumbai fintech capital of the world: PM Modi

Noting that Maharashtra has a glorious history besides the power of agriculture, industry and the finance sector, Prime Minister Narendra Modi on Saturday said that he aims to use “the power of Maharashtra to transform it into an economic powerhouse of the world and make Mumbai the fintech capital of the world”.

Two persons for entering Anant-Radhika wedding venue, arrested

Mumbai Police have arrested two persons for entering the wedding venue of Reliance Industries chairman Mukesh Ambani's son, Anant Ambani, and Radhika Merchant without an invitation.

BMC FORECASTS HEAVY TO VERY RAINFALL ACCOMPANIED WITH HIGH TIDES IN MUMBAI

The Brihanmumbai Municipal Corporation (BMC) has forecasted heavy to very heavy rainfall in the city and suburbs at a few places today.

Delhi High Court: Invoices Containing Arbitration Clauses Which Show Mutual Acceptance Are Prima Facie Arbitration Agreement

The Delhi High Court in the case M/S Dhawan Box Sheet Containers Pvt Ltd Vs M/S Sel Manufacturing Co Ltd observed and has held that when parties engage in actions based on invoices containing arbitration clauses, demonstrating mutual acceptance, an arbitration agreement may be inferred directly from those invoices.

ANAROCK SUGGESTS CENTRE TO FOCUS ON AFFORDABLE HOUSING SEGMENT THIS BUDGET

With the Union Budget for 202425 set to be tabled on July 23, the real estate sector is pinning renewed hope on the Modi 3.0 regime.

AVERAGE COMPLETION TIME FOR RESIDENTIAL PROJECTS IN INDIAN CITIES DROPS: ANAROCK REPORT

In a major development reshaping the real estate landscape of India’s top cities, the average time taken to complete large residential projects has seen a notable reduction, according to recent data from the Anarock Group.

EXPECT RETAIL INFLATION TO REMAIN CLOSE TO 5%: SBI RESEARCH REPORT

Retail inflation, or the Consumer Price Index (CPI) in India, is expected to remain below or close to 5.0 percent in the remaining months of 202425, except for September, according to SBI Research.