CATEGORIES

'Failure of the govt,' says Nana Patole on Mumbai waterlogging

Maharashtra Congress President Nana Patole on Monday launched a scathing attack against Chief Minister Eknath Shinde-led Maharashtra government over waterlogging in Mumbai after heavy rains and called it a failure of the government.

ESYGO EV Chargers Wins Star Startup at India EV Awards 2024

At the prestigious India EV Awards 2024 held in Chennai, ESYGO won the award for The Star Startup in EV Charging Solutions.

B.N. Rathi Securities Ltd. Launches its First CAT III AIF under B-FLY

B.N. Rathi Securities Ltd (BNRSL) (BSE: 523019), a leading technology and innovation focused financial services provider has launched its first CAT III AIF under the name of B-FLY India Opportunities Fund.

Indian bonds attract investors as JPMorgan index inclusion takes effect

India’s sovereign bonds, also known as Government Securities (G-Secs), have experienced a significant surge in foreign investments, with an inflow of USD 403 million last week.

'Guilty will not be spared': CM Shinde

Maharashtra Chief Minister Eknath Shinde expressed his “alarm” at the “rise in hit-and-run incidents” in the State on Monday and said that he has directed the police to take strict action against such cases, adding that the “guilty will not be spared.”

HEAVY RAIN LASHES PARTS OF MUMBAI

Mumbai city recorded over 300 mm of rainfall at various places in six hours from 1 am to 7 am today, according to the Brihanmumbai Municipal Corporation (BMC).

JUSTICE BR SARANGI TAKES OATH AS JHARKHAND HIGH COURT CHIEF JUSTICE, TO HAVE 15 DAYS TENURE AS CJ

Justice Bidyut Ranjan Sarangi was sworn in as the 15th Chief Justice of the Jharkhand High Court on July 05, 2024 i.e., on Friday in a ceremony at the state Raj Bhavan, with Governor C P Radhakrishnan administering the oath of office and secrecy.

INDIA DOUBTS CREDIBILITY OF CITI GROUP REPORT ON STATE OF EMPLOYMENT

The central government on Monday strongly refuted the recent Citigroup report put out on the state of employment in India and the outlook around it.

SEBI PUTS SK FINANCE'S RS 2,200-CR IPO IN ABEYANCE

Capital markets regulator Sebi has kept in ‘abeyance’ the proposed initial share sale of vehicle finance and business loan-focused non-bank lender SK Finance.

PM MODI TO LEAD NITI AAYOG MEETING ON JULY 27

Finance Minister Nirmala Sitharaman will preview the ‘Vikshit Bharat’ vision in the July 23 Budget, aiming for a $30 trillion economy by 2047, focusing on economic, social, and environmental goals

Green IT Park gets boost, Tata Realty raises Rs 825 crore for Chennai project

Tata Realty announced on Monday that it has secured a loan of Rs 825 crore from the International Finance Corporation (IFC) to refinance its green commercial project, Ramanujan Intellion Park, in Chennai.

India needs 4.9% fiscal deficit target in 2024 for consolidation, SBI research

Ahead of the highly anticipated full Budget for 2024-25, set to be tabled on July 23—the first under Prime Minister Narendra Modi’s third term—SBI Research has advised the government to maintain fiscal prudence and continue on the path of fiscal consolidation.

Indian stocks slide at open, Sensex and nifty down

Indian stock markets began the new week on a negative note on Monday, with both major indices experiencing declines during the opening trade.

Godrej industries chemicals business acquires Shree Vallabh unit for Rs 45 cr

Godrej Industries Ltd announced on Monday that its chemicals business unit will acquire Shree Vallabh Chemicals’ Ethoxylation unit II located in Kheda, Gujarat, for an estimated Rs 45 crore.

GOVERNMENT MAKES PROGRESS ON PUBLIC GRIEVANCES, OVER 50% RESOLVED ON CPGRAMS

The DARPG published a list of the top five ministries in grievance redressal, led by the Department of Rural Development, and shared weekly success stories to promote CPGRAMS usage

India's Data Being Exploited By Global Giants, Says Ola's Bhavish Aggarwal

In “techno-colonialism” data is exported to global centers, processed, and then repurposed and sold back to India.

China Grapples With Economic Headwinds Due To Aging Population

China’s shrinking population poses significant challenges for its economy, including a reduced labor force and pressure on fiscal policy.

DELHI RECORDS YEAR'S LOWEST AQI

The AQI was recorded in the satisfactory” category with a reading of 56 at 6 pm

Air India welcomes first narrow body aircraft in Delhi

Tata Group-owned Air India welcomed its first narrow-body aircraft in new livery.

73% Indians read ingredient lists and nutritional value of snacks, says Report

As many as 73 per cent Indians prefer to read ingredient lists and nutritional value before purchasing any snack, reveals a new survey, highlighting the majority of Indians’ growing inclination towards healthy snacking.

Govt to construct 4.5 km long drain between Najafgarh, Mundka Haat

The Delhi government will construct a 4.5 km long drain between Najafgarh Supplementary Drain and Mundka Haat Railway Station to solve the waterlogging problem in Kirari, an official statement said.

HC to hear Kejriwal's Tihar plea today

The trial court noted that counsel for the applicant, Kejriwal, also submitted during arguments that, after filing this application, the applicant has been arrested in one more case by CBI.

COURT IN MERCEDES HIT-AND-RUN CASE TAUGHT A LESSON TO THE RICH BOY: THE FATHER WHO GAVE MERCEDES TO A MINOR WAS FINED SO HEAVILY BY THE COURT THAT HIS GENERATIONS WILL REMEMBER IT

The MACT court judge Dr. Pankaj Sharma made it clear in the Civil Lines Mercedes hit and run case of Delhi that the father cannot escape his responsibility just by saying that he was unaware of the act of his son.

NYKAA EXPECTS REVENUE TO RISE 22-23% IN APR-JUN QUARTER

The company, however, flagged the soft demand environment in the Indian fashion industry

7 PROPOSALS ON TABLE FOR SEBI EXPERT GROUP TO TAME F&O FRENZY

Proposals included rationalisation or limiting weekly options, rationalisation of strike prices of the underlying assets and removal of calendar spread

Vedanta chairman meets Raj CM, discusses plans for state

He said that under his leadership and our long-standing partnership, the government's thrust on mineral exploration, value-addition, research and development, and innovation will lead to a glorious chapter in the legacy of this incredible state.

FTA talks with new UK govt this month

India, U.K. to hold next round of talks on proposed trade agreement in July With the new government taking charge in Britain, senior officials of India and the U.K. will hold the next round of talks this month for the proposed free trade agreement to resolve the pending issues and close the negotiations, an official said.

Indian-Russian business community awaits tech exchange

Ahead of Prime Minister Narendra Modi’s visit to Russia on Monday, the Indian Russian business community hopes that the PM will initiate talks on technology exchange with Russian President Vladimir Putin.

CareEdge sees Rs 11.5 trillion divestment potential

A total divestment potential of approximately Rs 11.5 trillion at current market capitalization is estimated, assuming the government retains control over the company's governance by maintaining at least a 51 per cent stake in these public undertaking companies and divests any excess shares, according to CareEdge Ratings.

Budget consultations end as FM gets ready for D-Day

The Finance Ministry concluded the Pre-Budget consultations for the Union Budget 2024-25, which began on June 19, 2024.