CATEGORIES

Companies set to report earnings, shaping market direction

The earnings result season for the first quarter (April-June) of 2024 has commenced, with major companies in the Indian stock market set to report their performance starting this Thursday.

PM MODI CONSULTS EMINENT ECONOMISTS FOR SUGGESTIONS ON UNION BUDAGET 2024

The pre-Budget meeting, attended by Niti Aayog Vice Chairman Suman Bery and others, featured in-depth discussions aimed at crafting a strategic roadmap for India’s development, with the Ministry of Finance’s consultations involving over 120 stakeholders across various sectors concluding on July 5

Digital payments changed consumer behaviour: Kearney

The surge in digital payments for online purchases has led to a permanent shift in the behaviour of consumers, a report by Kearney observed in its report titled, “ How Urban India Pays” adding that even it is influencing offline transactions as well.

Luxelan brings revolution in luxury interior design

While purchasing a luxury property is an achievement in itself, transforming it into a welcoming home is quite another task.

Strong PMI in June signals boost for Indian economy (Steel & Services lead growth)

In June 2024, India’s manufacturing Purchasing Managers’ Index (PMI) surged, propelled by robust demand and the highest hiring activity in 19 years, according to an SBI report.

Case against Thane housing society's cleaner for killing two puppies

An official said police have registered an FIR against a Thane housing society’s cleaner for allegedly killing two puppies and dumping the carcasses in a drain in Maharashtra’s Thane district.

BOTH HOUSES OF LEGISLATURE ADJOURNED AMID DIN AFTER OPPN BOYCOTTS ALL-PARTY MEET

Both houses of Maharashtra legislature witnessed uproar on Wednesday over the opposition boycotting the all-party meeting convened earlier by CM Eknath Shinde on the Maratha reservation issue, leading to adjournment of the legislative assembly and council for the day.

SUPREME COURT REFUSED TO RECALL RS 1 LAKH COST IMPOSED ON SERIAL LITIGANT: 'YOU SHOULD THINK 100 TIMES BEFORE FILING SUCH PETITIONS'

The Supreme Court in the case Ashok Pandey Versus the Speaker Of Lok Sabha observed and has refused to recall the cost of rupees one lakh which is imposed on Lucknow-based lawyer Ashok Pandey for filing the petition that challenged the restoration of Congress leader Rahul Gandhi’s Lok Sabha membership.

URAD PRICES SOFTEN AS RAINFALL BOOSTS SOWING AREA UNDER KHARIF CROPS

Urad prices have started to soften, owing to a series of proactive measures by the Central Government.

THREE M PAPER BOARDS LTD'S RS 39.83 CRORE IPO OPENS ON JULY 12

Three M Paper Boards Ltd , a Mumbai based company engaged in the business of manufacturing Recycled Paper-based Coated Duplex Board products since over 3 decades, is planning to raise up to Rs 39.83 crores through its SME IPO.

PLI SCHEME BOOSTS INDIA'S TELECOM EQUIPMENT MANUFACTURING, SALES TOP RS 50,000 CRORE

Under the MOU, CITI and TTF will promote trade, investment, and technology cooperation, organizing seminars, exhibitions, and conferences to foster technological assistance and capacitybuilding in the textile industries of India and Taiwan

India's office space demand surges in H1 2024 (Savills India)

Office space absorption in India’s six major cities reached a record high of 34.8 million square feet in the first half (H1) of 2024, reflecting a 29 percent increase compared to H1 2023, according to Savills India.

Industrial worker inflation up 0.5% in May

The All-India Consumer Price Index-Industrial Workers (CPI-IW) for May increased by 0.5 points, reaching 139.9, according to official data released on Wednesday.

Government to pursue fiscal discipline in FY25, SBI CAPS

A recent report by the State Bank of India (SBICAPS), titled “Indian Economy: Maintaining Momentum on a Deteriorating Global Pitch,” indicates that the Indian government is set to continue its path of fiscal consolidation in FY25.

Microsoft and Apple leave OpenAI board

In a significant development in the tech industry, both Microsoft and Apple have decided to relinquish their observer seats on the board of OpenAI, according to a report by UK-based ‘The Financial Times’.

PLI SCHEME BOOSTS INDIA'S TELECOM EQUIPMENT MANUFACTURING, SALES TOP RS 50,000

Within three years, the Telecom PLI scheme has attracted Rs 3,400 crore in investments, exceeding Rs 50,000 crore in telecom equipment production and Rs 10,500 crore in exports, creating over 17,800 direct jobs and significantly boosting domestic manufacturing and competitiveness

KAKA GROUP INSTALLS 500 KWH OF SOLAR POWER FOR SUSTAINABLE OPERATIONS

In a landmark move that has caught the attention of the business and environmental news sectors worldwide, Kaka Group has installed a 500 kWh solar power system across all its companies.

INFOSYS COLLABORATES WITH SECTOR ALARM TO FUEL GROWTH

Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced a strategic five-year collaboration with Sector Alarm , one of Europe’s leading providers in security, who are partially owned by global investment firm KKR , to transform their core enterprise business systems on the cloud.

TFCILTD bolsters board with Adani advisor and ex-bank CEO

Tourism Finance Corporation of India Ltd (TFCILTD), a prominent Non-Banking Financial Company (NBFC), has made significant strides in bolstering its strategic capabilities by appointing two distinguished professionals as Independent Directors on its board.

Sustainable solutions take center stage at India's 4-day global plastic recycling event

Plastic waste management is a global issue that demands collaboration among all value chain participants and the government.

CITY DISRUPTED BY HEAVY RAINFALL: RED ALERT ISSUED

Normal life in Mumbai continued to be disrupted on Tuesday morning due to heavy rain that caused traffic snarls and street inundations.

ALLAHABAD HIGH COURT: MARRIAGE NOT PRESUMED TO BE IRRETRIEVABLY BROKEN DOWN WHEN THERE IS LONG SEPARATION; VOLUNTARY DESERTION, OTHER FACTORS NECESSARY

The Allahabad High Court in the case Mahendra Kumar Singh v. Rani Singh observed and has held that marriage cannot be presumed irretrievably broken down just because the parties have suffered separation for any length of time.

L&T's semiconductor tech to acquire SiliConch Systems

L&T Semiconductor Technologies Limited, a wholly owned technology arm of Larsen and Turbo, on Tuesday announced it will acquire SiliConch Systems Private Limited.

ITC Nimyle's 'Shuddh Shuruat”: An Initiative to cleanse the Rath Yatra's path

Nimyle - ITC’s leading floor cleaner brand, has launched a unique endeavour this Rath Yatra called “Nimyle Shuddh Shuruat” - an initiative to cleanse the entire path of the Rath Yatra with Neem based Nimyle.

ITR FILING: GATHER THESE DOCUMENTS BEFORE MEETING YOUR CA

Ensurea smooth ITR filing process by gathering essential documents beforehand to provide your CA with everything needed for accurate and optimal tax return filing

Indian railways get a boost, K&R rail, UNECO to build sleeper factory

K&R Rail Engineering Ltd, a leading railway infrastructure company specializing in track laying, signalling, electrification, and telecommunication, has announced the signing of a Memorandum of Understanding (MOU) with UNECO Co. Ltd, a South Korea-based manufacturer of industrial machinery.

Tomato, potato, green veg prices hit as heat, rains spoil crops

Tomato prices are expected to rise sharply in northern India, including Uttar Pradesh, Delhi NCR, and Haryana, due to crop damage caused by heavy rainfall in the Muradabad region.

Indian two-wheeler industry eyes 7-9% growth in FY25

The volume growth of India’s two-wheeler industry is projected to slow down to 7-9 percent in the financial year (FY) 2025, compared to the 9.8 percent growth recorded in FY 2024, according to a recent report by CareEdge Ratings.

Indian markets break records again after flat start to week

After closing flat on Monday, Indian benchmark indices saw a surge on Tuesday, closing in the green and touching fresh all-time highs during the day’s trading.

PM MODI PRAISES INDIA'S BUSINESS ECOSYSTEM FOR STARTUPS, INNOVATION, AND DIGITAL PAYMENTS

PM Modi lauded India’s leadership in digital payments, rapid startup growth, and surging innovation, highlighting its transformation into the world’s third-largest startup ecosystem