CATEGORIES

RAHUL WANTS DUBEY REMARKS EXPUNGED

HOUSE MATTERS | Congress party is keen to participate in the legislative business listed for the Session, asserts Gaurav Gogoi

'No Aadhaar card to people who did not apply for NRC'

In an attempt to link the Aadhaar Card with the National Register of Citizens (NRC), the Assam government on Wednesday decided that all applications to get the unique identity card will be rejected if the applicant or the family had not applied in NRC.

Nifty forms indecisive 'Doji' candle

Nifty has to hold above 24550 zones for an up move towards 24700 then 24850 zones whereas supports can be seen at 24500 and 24400 zones.

Ultra high net-worth individuals in India growing at 12% CAGR: Motilal Oswal

The number of High Net-Worth Individuals (HNIs) and Ultra High Net-Worth Individuals (UHNIs) in India is growing at an impressive compounded annual growth rate (CAGR) of 12 per cent, according to a report by Motilal Oswal.

Maruti Suzuki eyes 8,000 overall service touchpoints by 2030-31

Car market leader Maruti Suzuki India on Wednesday said it plans to increase its overall service network to 8,000 touchpoints by 2030-31, with an aim to reach closer to its customers.

CarDekho SEA raises $60 mn from Navis Capital, Dragon Fund

CarDekho's South Asia business unit (SEA) has raised USD 60 million (around Rs 510 crore) in a funding round led by Navis Capital Partners and Dragon Fund.

Adani opts out of US funding for its Colombo Port project

Billionaire Gautam Adani's group has pulled out of a loan deal with a US agency to fund a port terminal in Sri Lanka, saying it will use its own resources for the project.

IATA chief optimistic about India providing more bilateral flying rights

Global airlines' grouping IATA's chief Willie Walsh has expressed optimism that India will provide more bilateral flying rights as Indian carriers are set to operate more wide-body planes in the coming years.

Tax on automobiles must be tech agnostic: TKM

Taxation of automobiles must be based on national goals of reducing fossil fuel consumption, decarbonisation and 'Make in India', and incentives must not be reserved only for a specific technology, according to Toyota Kirloskar Motor Executive Vice President & Country Head Vikram Gulati.

Reliance, ReNew among 14 firms bid for incentives for green hydrogen production

As many as 14 firms, including Reliance Green Hydrogen and Green Chemicals, ReNew E-Fuels, Waaree Clean Energy Solution, and Avaada Green H2 have submitted bids under the green hydrogen transition scheme.

'Stability' in economic policy is buzzword for new RBI Guv Malhotra

The incoming governor of the Reserve Bank of India (RBI), Sanjay Malhotra, unwittingly showed his age, being one day, whilst addressing the media at RBI headquarters in Mumbai on Wednesday.

Coca-Cola to sell 40% stake of its bottling biz to Jubilant Bhartia Grp

Global beverage major Coca-Cola on Wednesday announced sale of 40 per cent stake in its India bottling business Hindustan Coca-Cola Beverages Pvt Ltd (HCCBL) to Jubilant Bhartia Group.

US CPI inflation edges higher to 2.7% in Nov

Inflation in the US, as measured by the change in the Consumer Price Index (CPI), rose to 2.7% on a yearly basis in November from 2.6% in October, the US Bureau of Labor Statistics (BLS) reported on Wednesday.

CCI looking at killer, creeping acquisitions in digital market: Ravneet Kaur

\"Killer acquisitions\" refer to a practice where a dominant company acquires a smaller competitor

Gilts end lower as new RBI chief speech disappoints

Prices of government bonds ended lower on Wednesday as comments by newly-appointed Reserve Bank of India Governor Sanjay Malhotra disappointed traders, dealers said.

Telecom PLI sees ₹3,998 cr worth actual investment: Govt

The production-linked incentive (PLI) scheme for telecom and networking products has witnessed Rs 3,998 crore worth actual investment (against Rs 4,014 crore as committed investment) by micro, small and medium enterprises (MSMEs) and non-MSMEs, the Parliament was informed on Wednesday.

SEBI to launch survey on risk awareness

Market regulator SEBI will conduct a pan India survey on how to bring more people into the capital market, create risk awareness and bridge the gaps in the ecosystem, a Sebi official said on Wednesday.

ADB cuts India's GDP growth forecast to 6.5% for FY25

Changes in US trade, fiscal, and immigration policies could dent growth and add to inflation in developing Asia and the Pacific

Regulators need to strike balance for optimising growth: CEA

The government's Chief Economic Advisor (CEA) V. Anantha Nageswaran, on Wednesday said there is a need for striking the right balance between optimising growth and the regulatory framework in the light of global uncertainties.

Need to see why industry seek high duties despite significant cut in tariffs: DPIIT Secy

India has reduced its tariffs significantly over the years, bringing them down to the world average level, yet the domestic industries continue to suggest increasing the duties, a senior government official said on Wednesday.

Sensex, Nifty edge up in choppy trade ahead of US inflation data

Benchmark equity indices Sensex and Nifty closed higher in restricted trade on Wednesday as investors awaited key US inflation data for further cues.

Need to blend commercial considerations with economic priorities, strategic needs: FM

Finance Minister Nirmala Sitharaman on Wednesday stressed that India Inc's commercial considerations should blend with the economy, nation's priorities and strategic needs.

RBI will remain alert & agile to meet challenges: New Guv

A NEW ERA | Malhotra says central bank will consult all segments

Gutkha worth ₹1.53cr seized

In adherence to the ban on the sale, production, storage, and transportation of gutkha, pan masala, flavoured tobacco, and other harmful food items to protect public health, the Local Crime Branch (LCB) has taken strict action against violators.

Electrical safety awareness drive

To prevent accidents while flying kites and promote awareness of electrical safety, the CIDCO sub-division of Mahavitaran conducted a safety awareness programme for students at Gramodaya Vidyalaya.

More murder: Ambedkarites demand action

Ambedkarite activists have demanded immediate arrest of all perpetrators involved in the murder of Dinesh alias Bablu Parmanand More.

In-laws booked

The city police have booked five persons of a family for inflicting mental and physical torture on their 24-year-old daughter-in-law.

Preserving human rights important: Taksal

\"It is the responsibility of every person to preserve human rights and treat every person with humanity,\" opined social activist Abhay Taksal.

CSMC demolishes 18 illegal shops in Silk Mill Colony

In a direct action, the Chhatrapati Sambhajinagar Municipal Corporation's (CSMC) Anti-encroachment Squad demolished 18 illegal shops in Silk Mill Colony on the Railway Station to Mahanubhav Ashram Road on Tuesday.

Flamingos return to Nandur sanctuary

Flamingos have arrived at Nandur Madhyameshwar Bird Sanctuary this year after travelling thousands of kilometres from the Rann of Kutch.