CATEGORIES

S P apparels acquires young brand apparel for Rs 223 cr

SIS Apparels Ltd (SPAL), a leading apparel manufacturer and exporter, has signed a definitive agreement to acquire Young Brand Apparel Private Limited (YBAPL), a subsidiary of Bannari Amman Spinning Mills, for a value of Rs 223 crore.

AUDI BULLISH ON INDIA; EXPECTS LOW LUXURY CAR PENETRATION UNTIL TAX RATIONALIZATION

Audi anticipates that the growth rate of India’s luxury car market will decrease to the low double digits in 2024, contrasting with the approximately 25 percent growth seen in 2023

Mumbai 4th wealthiest BRICS city; Bengaluru tops emerging millionaire hotspots

A recent Wealth Report by Henley & Partners in collaboration with New World Wealth, Bengaluru, also known as the 'Silicon Valley' of India, is anticipated to emerge as one of the globe's fastest-growing millionaire centers in the next decade.

Approval expected for four state-owned banks to raise funds in H1 FY25

The The central government is contemplating allowing at least four state-owned banks to raise funds or expand their public float in the first half of the upcoming financial year (FY25) to enhance their lending operations and encourage greater public involvement.

STATE COMMITTEE APPROVES RS 658 CR BUDGET FOR PM POSHAN SCHEME

State-Level committee approves Rs 658 crore budget for PM POSHAN Scheme, including Rs 457.26 crore state allocation

India-Qatar LNG deal, 20-year extension secured

India is poised to finalize La substantial USD 78 billion deal aimed at extending liquefied natural gas (LNG) imports from Qatar for an additional 20 years, sources revealed. Petronet LNG Ltd, the country's largest LNG importer, is anticipated to ink the agreement with Qatar Energy during the India Energy Week (IEW) gathering. The deal is expected to secure supplies of 7.5 million tonnes of LNG annually for various purposes, including electricity generation, fertilizer production, and conversion to compressed natural gas (CNG).

INVESTMENT OF RS 1.07 LAKH CR TILL DEC 23, SALES WORTH RS 8.70 LAKH CR

The increasing importance of the scheme is palpable by the exhaustive sessions covering all 14 sectors and focused on exploring areas of collaboration between the Government and industry champions and creating a clear action plan for successful implementation of PLI Schemes

China's Economic Decline Predicted By Imf Over Next Four Years

The IMF’s analysis, outlined in the report, suggests a potential 30 to 60 percent drop in real estate investment over the next decade compared to 2022 levels

Rajasthan man missing since 2 years found in Mumbai, reunited with kin

A 35-year-old man, who went missing from his hometown Alwar in Rajasthan two years back, was found in Mumbai and reunited with his family on Sunday, a police official here said.

MD drugs worth Rs 2.04 cr seized in Andheri, two held

Two drug peddlers were arrested in Versova area of Mumbai’s Andheri after mephedrone (MD) drugs worth over Rs 2.40 crore was seized from them, Crime Branch officials said on Saturday.

GRAND EVENT OF SHRI HANUMAN KRIPA MAHOTSAV ORGANIZED AT SHREE CEMENT COMPLEX

The giver of Ashta Siddhi Navnidhi, the mother of Asbar Deen Janaki. The simple meaning is that by the blessing of Mother Sita, Lord Hanuman ji is the giver of Ashta Siddhi Navnidhi.

SUPREME COURT ISSUED NOTICE ON LAW GRADUATE'S PETITION CHALLENGING ENROLLMENT FEE CHARGED BY UP BAR COUNCIL

The Supreme Court in the case Kuldeep Mishra vs. Bar Council Of Uttar Pradesh observed and has issued the notice on the writ petition moved by a law graduate challenging the enrollment fee charged by the Uttar Pradesh State Bar Council.

Uttarakhand Cabinet Approved UCC Draft Report, Bill To Be Tabled In Assembly On February 06, 2024

The Uttarakhand Cabinet approved the report on the Uniform Civil Code, UCC during the cabinet meeting which is held at the Chief Minister’s residence under the chairmanship of Chief Minister Pushkar Singh Dhami.

SUPREME COURT EXPRESSED CONCERNS: SCHOOLS CANNOT ACCEPT THAT I AM A TRANSWOMAN, SAYS TERMINATED TEACHER

The Supreme Court in the case Jane Kaushik vs. Union Of India observed and has expressed concerns over the treatment meted out to a transgender teacher who had been terminated from her appointment by the two private schools in Gujarat and Uttar Pradesh.

Expelled Afghan migrants struggle, forced to borrow for survival

The World Food Programme (WFP) has raised an alarm regarding the plight of Afghan migrants forcibly expelled from Pakistan, revealing that they are currently resorting to borrowing money merely to survive, Khaama Press reported.

Chinese stocks plunge further, facing worst week in yrs

Chinese stocks faced a turbulent week, registering their worst performance in years, despite Beijing’s concerted efforts to instill confidence and address the prolonged decline in the stock market, resulting in a staggering loss of USD 6 trillion over three years, according to CNN reports.

BMW eyes India's emerging elec car mkt with focus on affluent consumers

MW plans to expand in India’s emerging electric car market, aiming to win over rich consumers in the world’s most populous nation amid a growing emphasis on clean energy.

Force Motors aims to invest around Rs 20 billion in 3-4 yrs

Automaker Force Motors plans to invest around Rs 2,000 crore in the next three to four years on various activities including sustainability drive and electric vehicle development, according to the company’s Managing Director Prasan Firodia.

ONGC, IOC, OTHER OIL PSUS TO INVEST RS 1.2 TRILLION IN FY25

ONGC, IOC, and other oil PSUs are set to invest approximately Rs 1.2 trillion in the upcoming fiscal year, commencing April 1.

PM Modi unveils Rs 11,600 crore multiple projects in Guwahati

On Sunday, Prime Minister Narendra Modi inaugurated and laid the foundation stone for projects worth Rs 11,599 crore here in Guwahati.

CM Mamata to pay 21 lakh MGNREGA workers in WB by Feb 21

West Bengal Chief Minister Mamata Banerjee announced on Saturday that the state government would pay 21 lakh MGNREGA workers their pending wages by February 21.

PENALTIES LOOM FOR TOBACCO MAKERS IGNORING GST MACHINERY REGISTRATION

The Finance Bill 2024 proposes changes to the Central GST Act aimed at addressing revenue leakage within the tobacco manufacturing sector

US raises costs for H-1B, EB-5 &more visas in fee hike

The United States has declared a significant hike in fees for several non-immigrant visa categories, including the widely used H-1B, L-1, and EB-5 visas.

Asian factories sputter as China's demand weakens

In January 2024, Asian factories faced a mixed performance, with varying outcomes across the region.

Pakistan's economic woes worsen as inflation hits 28.5 per cent

Amidst an ongoing economic crisis, Pakistan’s caretaker government has revised its inflation projection, anticipating a staggering 28.5% inflation rate for January.

Byju's faces investor revolt, EGM seeks urgent board fix

In a recent development, investors of edtech giant Byju’s have reportedly expressed concerns about the founder, Byju Raveendran’s active involvement in the day-to-day operations of the company, according to undisclosed sources.

JAN SEES FPIS POURING OVER RS 19,800 CRORE INTO INDIA'S DEBT MKT

Official data from depositories reveled that investors pulled out Rs 25,743 crore from Indian equities during the reviewed period, citing elevated bond yields in the US.

Rajasthan man missing since 2 years found in Mumbai, reunited with kin

A 35-year-old man, who went missing from his hometown Alwar in Rajasthan two years back, was found in Mumbai and reunited with his family on Sunday, a police official here said.

3 ALLEGEDLY LINKED TO GANGSTER LAWRENCE BISHNOI ARRESTED IN MAHARASHTRA

In a significant development, Maharashtra police have apprehended three individuals in connection with the recovery of two pistols in Akola district, with one of the accused reportedly having connections with notorious gangster Lawrence Bishnoi.

GRAND EVENT OF SHRI HANUMAN KRIPA MAHOTSAV ORGANIZED AT SHREE CEMENT COMPLEX

The giver of Ashta Siddhi Navnidhi, the mother of Asbar Deen Janaki. The simple meaning is that by the blessing of Mother Sita, Lord Hanuman ji is the giver of Ashta Siddhi Navnidhi. He has every kind of accomplishment.