CATEGORIES

UP, Bengal on same page in SC vs Centre

BJP-ruled Uttar Pradesh and TMC governed West Bengal were on the same page in the Supreme Court on Wednesday where they asserted the legislative power vested in states to regulate industrial alcohol is untrammelled and complete and beyond the Centre's jurisdiction.

Bengaluru faces rise in cholera cases

City civic body issues advisory do's and don't

SFBs seek glide path from RBI to become universal banks

Lower priority sector lending norms would help reduce cost

Merchandise exports may contract in FY24

Merchandise exports from India for the financial year 2023-24 (FY24) may show a contraction of around 1-1.5 percent after two consecutive years of growth, even as March is likely to witness robust double-digit growth, according to initial trade data estimates.

Govt invites bids for first commercial crude oil storage

The government is planning to build its first commercial crude oil strategic storage as part of efforts to shore up stockpiles as insurance against any supply disruption.

Pvt sector's share in FY24 defence output highest in 8 yrs

Private sector companies accounted for a larger share of defence production in 2023-24 than has been seen in at least eight years.

'Avg mustard yield can rise by 35% with current seeds'

The average mustard yield can jump by 35 per cent over five years even with the currently available seeds if the ideal agronomic practices are adopted, a study conducted by the Solvent Extractors Association of India (SEA) has found, amid a raging debate over the yield potential of genetically modified mustard against the existing varieties.

World Bank for removing biz obstacles

Says need to increase openness in trade to create non-farm jobs

GM close to India exit; Talegaon workers accept severance package

US auto major General Motors (GM) is close to exiting its Indian operations, as the majority of employees at its Talegaon unit near Pune have now accepted the severance package.

Shareholders give nod to Vi's ₹20K cr fundraising plan

Vodafone Idea (Vi) has received the go-ahead by its shareholders to raise up to ₹20,000 crore by issuing securities.

Tesla team to scout sites for $2-3 bn India EV plant

Tesla will send a team from the United States to India by late-April to study sites for a proposed $2 billion to $3 billion electric car plant, the Financial Times reported on Wednesday, citing people familiar with the matter.

India becomes Suzuki's second market to cross 30 million in production

India has become the second country for Suzuki Motor Corporation to cross cumulative production of 30 million units, reaching the milestone even faster than it achieved in its home nation, the Japanese carmaker said on Wednesday.

Samsung expects high single-digit growth in ACs, fridges

Samsung India expects high single-digit growth for air conditioners (ACs) and refrigerators, driven by the expectations of a strong summer following the India Meteorological Department's prediction of an intense season.

Virgin Atlantic aims to touch 1mn seats by '25

UK-based carrier Virgin Atlantic aims to touch 1 million seats in India by 2025 with the launch of its new daily direct services from London Heathrow to Bengaluru that touched down on April 1, 2024.

Blackstone to invest $2bn annually in India

PE major wants India to expedite M&A clearances and enhance commercial dispute resolution

Al a game changer for PC segment: HP India MD

At a time when India's personal computer (PC) market has begun to show signs of recovery after a year of sluggish demand and declining shipments, global PC maker HP believes that artificial intelligence could well be the game changer for this segment.

Flight schedule to normalise in 2-3 days: Vistara CEO

High pilot utilisation, combined with a portion of pilots taking sick leave at the end of March has resulted in the cancellations during the last couple of days, Chief Executive Officer (CEO) of Vistara, Vinod Kannan (pictured), said during a meeting with the pilots on Wednesday.

Airfares rise up to 38% on Vistara flight cancellations

The spot airfares on major routes, where Vistara cancelled flights on Tuesday, have surged by up to 38 per cent, according to data provided by Cleartrip.

FX derivatives mkt in a fix before new RBI rules

Average daily turnover may decline further; slips to fresh low VS $

I'ntl air traffic grew faster than domestic in FY24

The domestic and international air traffic in India for the first time crossed the prepandemic peak of 2018-19 in 2023-24 due to sustained increase in demand, according to aviation consultancy firm CAPA India's data released on Tuesday.

Bharat Biotech, Serum arm tie up for oral polio vaccines

Vaccine manufacturer Bharat Biotech and Bilthoven Biologicals, a subsidiary of Serum Institute of India, on Tuesday announced a partnership to produce and supply oral polio vaccines (OPVS) worldwide.

Provide details of disruption in flights: DGCA to Vistara

Airline cancelled over 50 flights for 2nd consecutive day as pilots protested new salary structure

Invest ₹1.5 lakh in PPF by April 5 to maximise returns

\"Compounding is the magic of investing,\" said Jim Rogers, a renowned American money manager.

Investors begin to unwind 'buy India, sell China' plan

Lazard, Manulife paring India investments to fund China exposure

Customers pull back as gold teeters on ₹70K edge

Even as the price of pure gold nears ₹70,000 per 10 gram, customers have already disappeared from the market.

NSE halves lot size for Nifty 50 derivatives contracts

The National Stock Exchange (NSE) on Tuesday said it has halved the lot size for trading derivatives contracts for the Nifty 50 index to 25 and also reduced the lot sizes of the Nifty Financial Services and Nifty Midcap indices as part of its periodic revision.

'No significant nervousness among investors

As the markets enter a new financial year, investors are waiting for the results of general elections and policies that a new government will unveil.

Order pick up to sustain growth momentum for L&T

Engineering major Larsen & Toubro (L&T) has seen share price volatility in the past few months due to concerns about order inflows.

Indian markets' high valuation a sign of optimism: Sebi chief

The premium valuations commanded by the domestic equity markets to their global peers is a sign of trust and optimism the world has on India, said Madhabi Puri Buch, chairperson, Securities and Exchange Board of India (Sebi).

Google to delete billions of Chrome browser records in latest settlement

In recent months, Google has raced to settle a backlog of lawsuits ahead of major antitrust showdowns with the Justice Department later this year.