CATEGORIES

Heavyweights do heavy lifting

RIL, ICICl Bank spur indices to new highs

Labour ministry seeks report from TN govt

The Ministry of Labour and Employment on Wednesday said it has sought a report from the Tamil Nadu labour department, amid reports that married women are not being allowed to work at Foxconn India's Apple iPhone unit in Sriperumbudur.

Will take 'appropriate' action in warehouse case: Amazon

After accepting lapses at its warehouse in Haryana's Manesar, Amazon India has claimed to have started \"disciplinary proceedings\" against those who allegedly tried to stop workers from taking water and toilet breaks.

Half of adults in India physically inactive: Lancet

Is our modern lifestyle leading us toward a health crisis? According to a recent report by medical journal Lancet, signs point in that direction.

40% investment by TaMo CV arm in FY25 to be in advanced tech

Bulk of capex will go into electrification and alternative fuel technology, says executive director

E-2Ws may need higher domestic value addition

In a move that could support companies looking to raise their value addition and reduce imports, the government is learnt to be considering increasing the eligibility condition of domestic value addition (DVA) in electric two-wheelers for subsidy under the new Electric Mobility Promotion Scheme (EMPS), provided it is extended beyond July 31.

'CAFE-III standards to disrupt PV market

Tata Motors, the leader in the passenger electric vehicle space with a 70 per cent market share, expects the upcoming Corporate Average Fuel Efficiency (CAFE-III) standards that are slated to be unveiled by April 2027, will be disruptive for the passenger vehicle (PV) market in India and challenging for automakers.

VW splashes $5 billion in joint venture with Rivian

Volkswagen AG is taking another swing in its long struggle to catch up with Tesla Inc, plowing $5 billion into a tie-up with the US company's closest would-be rival, Rivian Automotive.

Kenya prez scraps $2.3 billion tax plan after deadly protests

Kenyan President William Ruto said he's withdrawing a contentious tax bill, bowing to public pressure after deadly protests against the plan to raise $2.3 billion in new levies led to the deaths of at least 23 people.

US, Russia seek to dial down tensions

Two sides give widely divergent accounts of conversation

OpenAI's China block to reshape AI scene as big players pounce

OpenAI's abrupt move to ban access to its services in China is setting the scene for an industry shakeup, as local AI leaders from Baidu Inc.to Alibaba Group Holding move to grab more of the field.

WikiLeaks founder Assange returns to Australia a free man

Julian Assange landed in Australia for the first time in more than a decade, following a guilty plea in a US court that allowed him to return to his home country a free man after serving time in a UK prison and holing up in an Ecuadorian embassy.

CBI arrests Kejriwal in excise policy case

In mounting troubles for Delhi Chief Minister Arvind Kejriwal, the CBI on Wednesday arrested the AAP chief in a corruption case linked to the alleged excise scam.

Om Birla elected LS Speaker for 2nd term by voice vote

Oppn leaders, led by Rahul, remind him of his duty to honour Constitution

Trade bodies call for ease of doing business

Trade bodies and chambers of commerce & industry have requested the state government to stress more on ease of doing business in Rajasthan.

Govt to open 33 schools in Maoist heartland

With his blurred vision, Manish Poyam, now 82 years old, keenly watches his granddaughter as she packs her school bag, in Chhattisgarh's restive Bijapur district.

₹snaps 3-day winning streak

The rupee snapped three-session winning streak on Wednesday as weakness across regional peers and month-end dollar demand from oil importers weighed on the Indian currency, dealers said.

Mandatory linking of CGHS, Ayushman Bharat IDs on hold

Data privacy concerns, lack of tech infra likely causes

Trained policemen, new apps: Centre readies rollout of criminal laws

ARCHIS MOHAN New Delhi, 26 June The Centre on Wednesday said it had taken several steps, including training of nearly four million grassroots functionaries and half a million police and prison personnel, to ensure a smooth rollout of three criminal laws.

SBI raises ₹10,000 crore via 15-year infra bonds

Issue oversubscribed 4x; bank to use proceeds to fund power, road projects

Growth in remittances to India may halve in 2024: World Bank

The growth in remittances to India is likely to halve in 2024 to 3.7 per cent from 7.5 per cent in 2023, according to the World Bank.

Banks may rework priority-sector lending plans after RBI tweaks

The Reserve Bank of India's (RBI's) recent tweak to the incentive framework may push banks to take their plans for priority-sector lending (PSL) back to the drawing board to increase staff strength in branches and tone up working of Business Correspondent Network in 196 districts with low credit penetration.

FY25 GDP growth likely to be close to 7.5%: NCAER

Gross domestic product (GDP) growth during 2024-25 (FY25) may turn out to be higher than 7 per cent and even close to 7.5 per cent, with high frequency indicators showing resilience amid growth dynamism in the Indian economy, the monthly economic review released by the National Council of Applied Economic Research (NCAER) said on Wednesday.

Tech Inc for fewer tariffs, ₹1 trillion deeptech fund

To develop a strong electronics components and sub-assembly ☐ecosystem, the tech industry has demanded fiscal support and streamlining of the input tariffs in the sector from the government which is consulting all the stakeholders before the upcoming Union Budget 2024-25.

Unions call for social security fund for unorganised workers

The central trade unions have called for setting up a government-sponsored social security fund in the upcoming Budget. This will help millions of unorganised, gig, platform and agricultural workers, as envisaged under the Code on Social Security 2020.

Voda Idea in talks with Samsung for 4G, 5G equipment

Vodafone Idea (Vi) is in talks with Samsung to secure network equipment for its ongoing 4G and 5G rollouts, the telecom operator said on Wednesday.

Over 225 GenAl projects in the works: Nilekani

Says Infosys has invested in hiring talent with proven GenAl skills

DRL to buy Haleon biz for ₹5,276 crore

Indian pharma major Dr Reddy's Laboratories is set to acquire the entire nicotine replacement therapy (NRT) business of British consumer healthcare firm Haleon outside the US market for 500 million pounds (₹5,276 crore).

Adani group presses the pedal on retail play

With an existing consumer base of 400 million across airports, electricity and gas distribution businesses, the Adani group is revving up its retail play.

Ather to invest ₹2K cr on third plant in Maha

Electric two-wheeler manufacturer Ather Energy plans to set up a third manufacturing facility in Bidkin city in Maharashtra entailing an investment of over 2,000 crore, the company announced on Wednesday.