CATEGORIES

APEDA logs $26.7 bn shipments with 12% CAGR to 200+ countries in FY23

The Agricultural and Processed Food Products Export Development Authority (APEDA), is planning trial shipments of mangoes and pomegranates to the USA and the European Union using strategic development of protocols tailored for sea transport which helps to optimise the export process for promising fresh fruits.

PACT ON INTERLINKING OF UPI & UAE'S AANI PLATFORM, DEAL ON IMEE CORRIDOR TO CEMENT TIES

In a significant scale-up of bilateral relations, Prime Minister Narendra Modi and President of the UAE Mohamed bin Zayed Al Nahyan on Tuesday reviewed the partnership between India and the UAE during one-on-one and delegation-level talks which included discussions on new areas of cooperation and deepening of the comprehensive strategic partnership across trade and investment, digital infrastructure, fintech, energy, infrastructure, culture and people to people ties.

HOUSE HELPS SEDATE FAMILY MEMBERS, STEAL JEWELLERY WORTH RS 50 L

In a shocking incident in Mumbai's Khar area, two young men employed as house helps allegedly stole jewellery worth Rs 50 lakh by drugging three family members and a maid. The Khar police have registered an FIR against the accused and are currently on the lookout for them.

DELHI HIGH COURT REITERATED: DISPUTES PRIOR TO REGISTRATION UNDER MSME ACT CANNOT BE REFERRED TO MSME ARBITRATION

The Delhi High Court in the case Mahanagar Telephone Nigam Ltd. vs Delhi International Arbitration Centre, Through Its Co-Ordinator and Ors. observed and has held that an entity registered under Micro, Small and Medium Enterprises Development Act, 2006 after the commencement of the contract cannot be referred to arbitration by MSME Council as stated under Section 17 and Section 18 of the Act for the claims arisen before its registration.

Bridging the policy gap: Deepfakes, AI governance, and India's policy agenda

For some uses of AI, risk is deemed unacceptable and, therefore, these systems will be banned from the EU.

Expo Centre Sharjah, World Trade Centre Istanbul discuss boosting cooperation

The Expo Centre Sharjah (ECS) and the World Trade Centre Istanbul (WTCI) recently engaged in discussions aimed at enhancing cooperation and coordination to jointly organize events, conferences, and trade fairs. Both entities explored avenues to leverage the latest logistical and technological capabilities to provide top-notch services to local exhibitors and international visitors.

IMF review mission set for Pakistan visit after new govt formation

The impending visit of the International Monetary Fund (IMF) review mission to Pakistan holds significant importance following the formation of new governments at both the central and provincial levels.

OVER 59K INDIANS ACQUIRED US CITIZENSHIP LAST YEAR, MAKING UP 6.7 PC OF NEW CITIZENS

Further, according to report, 44,800 5.1%) of newly enlisted American citizens were from Philippines 35,200 4%) from Dominican Republic

Signature Global answers surging demand: Housing project to rise in Gurugram

Real estate company Signature Global has joined forces with the landowner to undertake a housing project spanning 20 acres in Gurugram, with an estimated revenue potential of Rs. 4,500 crore, aligning with its expansion strategy. Under a Joint Development Agreement (JDA), Signature Global has secured 20.32 acres of land located in Sector 71, Southern Peripheral Road, Gurugram.The total development potential on this land is 28.4 lakh square feet of residential space.

Park hotels makes impressive stock market debut, up 20% premium

Park Hotels made its debut on the exchanges on Monday with a 20% premium. Its stock opened at Rs. 186 on the BSE, surpassing its initial public offering (IPO) price of approximately Rs. 155.

Maruti Suzuki expands horizons: Ventures into electric air copters

Maruti Suzuki, the country's leading automobile manufacturer, is entering the realm of electric air copters.

Vedanta aluminium demerger set for completion in 9-12 months

Vedanta is actively pursuing the demerger of its core businesses, such as aluminium, into distinct listed entities, with expectations for completion within the next nine to twelve months, as stated by a senior company official.

SPICEJET SHARES PLUMMET 5% AMID LAYOFF RUMORS

SpiceJet drops 5% after report says airline mulls laying off 1.4K employees

Assam Unveils ₹2.9L Cr Budget

The Assam government Tunveiled a budget of Rs 2.9 lakh crore for the financial year 2024-2025, presenting a deficit of Rs 774.47 crore and proposing no new taxes.

India boosts Urea output 12%, but sales stagnant

India's urea production increase of over 12% during the first nine months of the current financial year (FY24), according to data sourced from industry insiders. Despite this surge in production, urea imports have seen a slight decrease compared to the previous year, while sales have remained relatively stagnant.

Pradhan Launches IIT-Bhubaneswar's 100 Rs.100 Cr Startups Push

Union Education Minister Dharmendra Pradhan launched a pioneering initiative on Sunday, unveiling the Research and Entrepreneurship Park at IIT-Bhubaneswar. The ambitious project aims to nurture and support the creation of 100 startups, each with a valuation of Rs 100 crore, by the 100th anniversary of Odisha in 2036.

PM MODI DISTRIBUTES 1 LAKH JOBS, HAILS "COMPLETELY TRANSPARENT" RECRUITMENT PROCESS

PM praised youth dedication, criticized past administrations for slow job allocation, highlighting his government's transparency and efficiency in recruitment

PM Modi jointly inaugurates UPI services with Mauritius PM, Lankan Prez

India's Unified Payments Interface (UPI) on Monday witnessed a significant cross border leap aligning with India's 'Neighbourhood First' policy, with Prime Minister Narendra Modi along with the President of Sri Lanka Ranil Wickremesinghe and Prime Minister of Mauritius Pravind Jugnauth jointly inaugurating the launch of the UPI services in Sri Lanka and Mauritius as well as RuPay card services in Mauritius via video conferencing. The will benefit a wide cross-section of people through a faster and seamless digital transaction experience and enhance digital connectivity between the countries.

STUDENT HOUSING STARTUP AMBER SECURES $21 MILLION

Amber, a student accommodation platform founded in 2017 by Saurabh Goel and Madhur Gujar, has secured $21 million in its first round of institutional funding. The investment, led by Mumbai-based private equity firm Gaja Capital, includes $18.5 million in fresh equity and the remaining portion in venture debt from Lighthouse Canton and Stride Ventures.

India's vegetable oil imports dropped by 28%, in January

India's vegetable oil imports witnessed a significant decline of 28% in January, totaling 12 lakh tonnes compared to 16.61 lakh tonnes during the same period last year, as reported by the Solvent Extractors Association of India (SEA). imports witnessed a significant decline of 28% in January, totaling 12 lakh tonnes compared to 16.61 lakh tonnes during the same period last year, as reported by the Solvent Extractors Association of India (SEA).

25 million jobs for industry status, says Kant

India's G20 Sherpa, Amitabh Kant, addressed participants at the 6th Hoteliers' Conclave organized by the Hotel Association of India (HAI), advocating for the tourism industry to emphasize its role as a significant job creator. Kant emphasized the need for the sector to communicate its potential to politicians, particularly stressing the creation of 25 million jobs by 2030.

RETAIL INFLATION DIPS TO 5.1% IN JAN '24, RED SEA RISKS AT LARGE

The RBI has maintained its FY24 (year ending March 2024) CPI inflation forecast of 5.4 per cent y-o-y, with its forecast for Q4 (January-March 2024) at 5.0 per cent (from 5.2 per cent previously)

Why China Is Limping Into The Year Of The Dragon

The GDP deflator, which provides the broadest gauge of price movements within the economy, has experienced a decline over the past three consecutive quarters, marking the lengthiest downward trend since 1999.

'Why no BJP leader has faced action by ED since party came to power?': Sharad Pawar

Founder of the Nationalist Congress Party (NCP), Sharad Pawar, asserted on Sunday that no leader from the Bharatiya Janata Party (BJP) has faced action from the Enforcement Directorate (ED) during the party's tenure in power.

SHIV SENA MLA'S UNUSUAL COMMAND TO KIDS: NO MEALS IF PARENTS DON'T VOTE FOR ME

An MLA of the Eknath Shinde-led Shiv Sena has courted controversy by asking children not to eat for two days if their parents don't vote for him.

BOMBAY HIGH COURT: FORMER MUMBAI NCB ZONAL DIRECTOR SAMEER WANKHEDE APPROACHED THE COURT FOR PROTECTION FROM ARREST IN ED'S MONEY LAUNDERING CASE

Former Mumbai NCB Zonal Director Sameer Wankhede has approached the Bombay High Court wherein seeking protection from coercive action amongst other reliefs in the Enforcement Directorate’s,

SUPREME COURT: MERE DELAY IN COMPLYING WITH THE COURT'S ORDER DOES NOT AMOUNT TO CONTEMPT UNLESS IT'S DELIBERATE AND WILFUL

The Supreme Court in the case Sri L.V. Subrahmanyam, IAS, Principal Secretary, Medical and Health Department Government Of Andhra Pradesh versus The Registrar General, High Court of Judicature at Hyderabad, For The State of Telangana And For The State Of Andhra Pradesh And Anr. observed that the mere delay in complying with the order of the court would not amount to committing contempt of court.

Intel India: No semiconductor fab plans, focus on AI

Computer chip maker Intel, has no plans to set up a semiconductor plant or any type of manufacturing unit in the country at present, said the company’s India business head, Santhosh Viswanathan on Friday.

JSW Group signs MoU for Rs 40,000 cr EV project in Odisha

The JSW group on Saturday signed a Memorandum of Understanding with the Odisha government for establishment of an Integrated Electric Vehicle (EV) and EV Battery manufacturing project at an investment of Rs 40,000 crore in the state.

INDIAN BIOGAS ASSOCIATION TO INVEST RS 30K CR TO CUT IMPORTS

Indian Biogas Association has recommended an investment of Rs 30,000 crore for machinery and equipment required for biomass supply to compressed