CATEGORIES

India To Surpass Japan As 4th Largest Economy By 2025: Amitabh Kant

Amitabh Kant, India's G20 Asherpa and former CEO of Niti Aayog, highlighted several positive macroeconomic indicators and forecasted that India is poised to surpass Japan and become the world's fourthlargest economy by 2025.

US Rate Cuts: Core Inflation Cooling Offers Limited Relief For Fed

Underlying US inflation probably moderated in April for the first time in six months, offering a ray of hope that price pressures will start to ease again after a string of upside surprises.

Pre-rain audit of all buildings in Ulhasnagar

The Ulhasnagar Municipal Corporation (UMC) authorities have started a survey of dangerous and dilapidated buildings before monsoon season to avoid any incident which could claim people's lives.

Police bans gatherings within 100 metres from polling stations on May 20

Mumbai Police has issued guidelines restricting assembly of people within 100 metres from polling stations for all six Lok Sabha constituencies which will vote in the fifth phase of Lok Sabha elections 2024 on May 20.

JITENDRA RATHI NAMED NATIONAL WORKING PRESIDENT OF INDIAN WRESTLING FEDERATION

The responsibility of the new National Working President of the Indian Style Wrestling Federation has been handed over to JitendraRathi, son of the former President of the Federation, the late Nafe Singh Rathi.

CALCUTTA HIGH COURT: AO CANNOT DRAW AN ADVERSE INFERENCE FOR MERE NON-RESPONSE FROM DIRECTORS TO NOTICES

The Calcutta High Court in the case Principal Commissioner of Income Tax Vs Atlantic Dealers Pvt. Ltd was deciding as to whether the addition made under Section 68 of the Income Tax Act, 1961, was justified or not.

DELHI HIGH COURT REGISTERS SUO MOTO CASE: TRIAL COURT DISCHARGES TWO MEN ACCUSED OF SORTING CHILD PORNOGRAPHIC MATERIAL

The Delhi High Court in the case Tulir Charitable Trust v.

DELHI HIGH COURT: ISSUE OF LIMITATION IN SECTION 11 PETITION SHOULD BE DEFERRED TO ARBITRAL TRIBUNAL, COURT MAY ADDRESS ONLY IN SPECIFIC CIRCUMSTANCES | ARBITRATION ACT

The Delhi High. Court in the case M/S Kimaya Buildtech Llp Vs K. C. Software Pvt. Ltd & Ors. observed and has held that the court may address the issue of limitation during a petition under Section 11 of the Arbitration and Conciliation Act, 1996, but only under specific circumstances.

Japan's Teleworking shrinks, Hybrid work surges: Govt. survey

With With the gradual decline of the COVID-19 pandemic, Japan is observing a significant change in work dynamics, as more people adopt a \"hybrid work\" approach, blending remote and inoffice work.

ISRAEL SECURES EMERGENCY WHEAT SUPPLY: SIGNS PACT WITH ROMANIA

In a bid to fortify Israeli food security, Minister of Agriculture, Avi Dichter, signed a memorandum of understanding with Romanian officials

HDFC LAGS AS THE MCAP OF 6 OF THE TOP 10 MOST VALUABLE COMPANIES DROPS BY RS 1.73 TRN

The combined market valuation of six of the top-10 most valued firms eroded by Rs 1,73,097.59 crore last week

SAIL-Bhilai to establish Chhattisgarh’s first 15-MW floating solar plant

The Bhilai Steel Plant (BSP), a Chhattisgarhbased unit of the state-owned Steel Authority of India Limited SAIL), is set to inaugurate the state’s inaugural 15-megawatt MW) floating solar project at its Maroda-1 reservoir to enhance its environmental sustainability.

Retail growth in India fueled by Tier 2 cities as key drivers

Ke Frank India, a property consultancy firm, reveals that India’s Tier 2 cities, notably Lucknow, are asserting themselves as pivotal players in the nation’s retail landscape, claiming an impressive 18.4% share of gross leasable area.

KEJRIWAL UNVEILS GUARANTEE’ FOR LS POLLS: AAP’S PLEDGE FOR CHANGE

On KejriwalkiGuarantee”, hesaid24X7 power supply, good education and health facilities, and arranging two crore jobs for youths every year are part of it

State-owned retailers IOC, BPCL, HPCL record Rs 81,000 er profit in FY24

State-owned fuel retailers Indian Oil Corporation, Bharat Petroleum Corporation Ltd, and Hindustan Petroleum Corporation Ltd collectively recorded robust profits amounting to approximately Rs 81,000 crore in FY24.

March records 449 Infra projects with Rs 5.01 trillion cost overrun: MoSPI

An official report revealed that in March 2024, a total of 449 infrastructure projects, each requiring an investment of Rs 150 crore or more, experienced a cost overrun exceeding Rs 5.01 trillion.

MODI GOVT AIMS TO REVIVE 14 CLOSED SUGAR MILLS: BIHAR DEPUTY CM

Bihar Deputy Chief Minister Samrat Choudhary on Sunday said that the Modi government was working to restart 14 sugar mills that were closed in the past

GreenCell Mobility gets green financing for UP e-bus project

GreenCell Mobility, a pioneer in electric mass mobility sector, has secured green financing from leading Japanese financial institution Sumitomo Mitsui Banking Corporation (SMBC) for its transformative electric bus project in Uttar Pradesh.

TVS Motor records highest sales in FY2024

Chennai based TVS Motor Company’s revenue from operations in the fourth quarter (Q4) ended March 2024, grew by 24 per cent at Rs 8,169 crore against Rs 6,605 crore in the quarter ended March 2023.

Yamaha unveils vibrant colours in FZ-S Fi version 4.0 DLX

India Yamaha Motor (IYM) has introduced exciting new colour shades in its popular streetfighter model, FZS-S Fi Version 4.0 DLX for the young riders of today.

HONDA INAUGURATES GREEN R&D FACILITY IN BENGALURU

Honda Research and Development, a subsidiary of Honda Motor Co and functioning as Honda’s research and development arm for motorcycles and power products in India, has opened its new solution R&D centre in Bengaluru, Karnataka.

BMW Motorrad tie-up with KUN Motorrad in Coimbatore

KUN Motorrad has been appointed as the BMW Motorrad dealer partner in Coimbatore. The dealership is located at No. 1247 & 1248 Mettupalayam Main Road Coimbatore and is headed by U Venkatesh, Dealer Principal, KUN Motorrad.

UNCERTAINTY OVER ELECTION RESULTS WILL KEEP MARKET VOLATILE: EXPERTS

The Nifty-50 Index and Sensex both experienced losses of around 3 percent each over the past week, while the mid-cap index saw a decline of 3.9 percent. The Indian market has been consistently under pressure from selling by investors, leading to significant volatility in the past week.

Delhi Court denies to extend interim bail of Supertech chairman

Delhi’s Patiala House Court has rejected the plea filed by Supertech chairman and promoter RK Arora, who sought a further 90-day extension of interim bail on medical grounds. Arora was apprehended in June last year in connection with a money laundering case.

UAPA CASE: ALLEGED IM CO-FOUNDER GRANTED BAIL

The Delhi High Court has granted bail to Abdul Subhan Qureshi, co-founder of the banned terror organization Indian Mujahideen (IM), in a terror case.

ATTEMPT TO MURDER: INDORE COURT ISSUES ARREST WARRANT AGAINST AKSHAY BAM

A sessions court in Indore (Madhya Pradesh) has issued an arrest warrant against local businessman Akshay Bam and his father in connection with a 17-yearold attempted murder case. Bam recently made headlines for withdrawing his nomination from the Indore Lok Sabha seat as a Congress candidate and subsequently joining the Bharatiya Janata Party (BJP).

LS POLL SLOWS DOWN CV VOLUME GROWTH

India’s general elections are slowing down the commercial vehicles Iare slowing down the commercial vehicles (CV) industry with volumes for the domestic CV industry remaining muted as the base effect catches up and amidst a perceived pause in the infrastructural activities as the model code of conduct kicked in ahead of the polls.

DEMAND FROM OEMS IN PV, 2W TO PUSH UP TYRE VOLUMES BY 4-6%

India’s domestic tyre volume growth is expected to moderate to 4-6 per cent in FY2025 from an estimated 6-8 per cent in FY2024 on the back of elevated base and subdued growth in the commercial vehicle (CV) segment.

TaMo Group to power up FY2025 on luxury segment demand

With record revenues on a consolidated basis, both for the fourth quarter ended 31 March Q4 and financial year 202324 that saw the Tata Motors Group deliver its highest ever revenues, profits, and free cash flows, the automobile major is confident of delivering a strong performance in FY25 even as it remains cautiously optimistic on domestic demand over the full year FY2025 and expects the first half of the fiscal to be relatively weaker.

India's forex reserves rise USD 3.7 billion

Post three consecutive weeks of decline, India’s foreign exchange reserves rose again by USD 3.668 billion to USD 641.590 billion in the week that ended on May 3, RBI data showed.