CATEGORIES

Tata launches first advanced Pure EV architecture

Tata Passenger Electric Mobility (TPEM), introduced its first advanced Pure EV architecture – acti.ev (Advanced Connected Tech-Intelligent Electric Vehicle) and will underpin future products from the TPEM portfolio. Punch.ev will be the first product based on this pure electric architecture, which will spawn a variety of products with multiple body styles and sizes.

INDIA TO EXHIBIT AUTO TECH, INNOVATION STRENGTH

Commerce and Industry Minister Piyush Goyal has set an ambitious target of a 50 per cent global export share for India’s automobile industry as the home stage gets ready to showcase the country’s prowess in the mobility space at “Bharat Mobility Global Expo 2024”, from 1-3 February, 2024.

147 MoUs worth Rs 1.35 lakh crore eye investment opportunities

Setting the stage for the Vibrant Gujarat Global Summit (VGGS) 2024 in Gandhinagar from 10-12 January, the state government has signed 147 Memorandum of Understanding (MoUs) with various industries, representing a potential investment of INR 1.35 lakh crore and creation of 7.59 lakh potential employment opportunities.

RED SEA WOES DRIVE EXPORT SETBACKS

Escalating tensions in the Red Sea have started impacting India's exports due to increasing freight costs and insurance premiums as shippers have to take longer routes to reach destinations like the US and Europe, an official said on Friday.

TEXTILES, PHARMA, FISHERIES POWERED INDUSTRIAL REVOLUTION IN GUJARAT IN TWO DECADES

A land of vibrant cultural heritage and traditions, Gujarat has undergone industrial evolution in the last two decades riding on the success of key sectors like textile, pharmaceuticals, diamond and fisheries, officials have said.

PM GatiShakti drives sustainable infrastructure development

The 63rd Network Planning Group (NPG) meeting, held at Vanijya Bhawan, New Delhi, under the leadership of Special Secretary (Logistics), DPIIT, Sumita Dawra, witnessed detailed discussions on three crucial infrastructure projects valued more than Rs 5,000 Crore. According to a press release by the Ministry of Commerce and Industry, the meeting, attended by representatives from key Ministries and Departments, aimed to enhance multimodal connectivity, strategically bypass congested areas, and stimulate socioeconomic development.

TEXTILE INDUSTRY WOES DUE TO GEOPOLITICAL REASONS, SAYS RAKESH MEHRA

Amidst geopolitical conflicts and Government’s ambitious targets of USD 350 bn textile industry and USD 100 bn in exports, Rakesh Mehra, Chairman of Confederation of Textile Industries (CITI) tells Sunday Guardian his Budget expectations and the challenges facing the industry

INDIA TO REMAIN THE FASTEST-GROWING ECONOMY AMONG LARGE ECONOMIES THIS FISCAL YEAR

India’s stellar economic performance for the financial year 2023-24 as projected by the advance estimates (FAE) of the National Statistical Office (NSO) with the economic sectors firing on all cylinders amidst the despair of conflicts and slowdown is a classic match to Charles Dickens’ legendary, “It was the best of times, it was the worst of times, it was the epoch of belief, it was the epoch of incredulity.”

Maharashtra records 110 cases of JN.1 variant; Mumbai remains unaffected

In the latest round of genome sequencing reports, Maharashtra has witnessed an uptick in cases related to the new JN.1 variant, reaching a total of 110 cases.

UNDERWORLD DON, DAWOOD IBRAHIM'S ANCESTRAL PROPERTIES FETCH HIGH BIDS IN AUCTION

Following the highly anticipated auction, underworld don Dawood Ibrahim's childhood home and three family-owned properties in Maharashtra's Ratnagiri have found new owners.

Defending champions Hayle Lemi Berhanu, Anchialem Haymanot to headline Tata Mumbai Marathon

Defending champions and event record holders Ethiopians Hayle Lemi Berhanu and Anchialem Haymanot will headline the 19th edition of the Tata Mumbai Marathon, a World Athletics Gold Label Road Race, scheduled here on January 21.

DABHOLKAR MURDER CASE: SC DISMISSES PLEA AGAINST BAIL GRANTED TO ACCUSED

The Supreme Court on Friday dismissed a plea filed by the daughter of slain Maharashtra rationalist Narendra Dabholkar challenging the bail granted by the Bombay High Court to an accused in the case.

SUPREME COURT COLLEGIUM RECOMMENDED THE PERMANENT APPOINTMENT OF TWO ADDITIONAL JUDGES AS JAMMU AND KASHMIR AND LADAKH HIGH COURT

The Supreme Court Collegium has recommended the name of Justice Moksha Khajuria Kazmi and Justice Rahul Bharti for the appointment as the two Additional Judges as permanent Judges of the Jammu & Kashmir and Ladakh High Court.

SUPREME COURT COLLEGIUM RECOMMENDED THE APPOINTMENT OF ADVOCATE AS JUDGE OF PUNJAB AND HARYANA HIGH COURT; TELLS CENTRE TO GIVE PRECEDENCE TO PENDING PROPOSALS

The Supreme Court Collegium has recommended the name of Advocate Rohit Kapoor for the appointment as Judge of the Punjab And Haryana High Court.

Supreme Court: Tenant Cannot Claim Adverse Possession Against Landlord; Tenancy Is Permissive Possession

The Supreme Court in the case Brij Narayan Shukla (D) Thr. LRS. V.

UNION COMMERCE MINISTER URGES AUTO INDUSTRY TO SET 50% EXPORT SHARE TARGET

The auto industry should not limit itself to achieving a 25% export share and instead aim for at least 50% export share, Union Commerce and Industry Minister Mr Piyush Goyal said at the curtain raiser event of Bharat Mobility Global Expo 2024.

Kerala High Court: Principles of Natural Justice Crucial To Transfer Orders, Prevent Stigma And Bias

The Kerala High Court in the case the Corporate Manager v. Beena Hilkushi and Ors.,

SUPREME COURT REJECTED PLEA TO ALLOW USE OF GUJARATI AS ADDITIONAL LANGUAGE IN GUJARAT HIGH COURT

The Supreme Court in the case Rohit Jayantilal Patel vs.

INDIA COMMITS $75M AID TO NEPAL FOR RECONSTRUCTION EFFORTS IN EARTHQUAKE-HIT AREAS: EAM JAISHANKAR

On Friday, External Affairs Minister S.

World Bank raises GBP 1,500 million in 5-yr sustainable development bond

The International Bank for Reconstruction and Development (IBRD), acting on behalf of the World Bank, has successfully launched a landmark 5-year Great British Pound sterling (GBP) benchmark bond scheduled to mature in October 2028.

AMERICAN TOWER TO SELL INDIAN OPERATIONS TO BROOKFIELD FOR $2.5 BN

Canada's Brookfield Asset Management will buy American Tower's loss-making Indian operations for $2.5 billion

Volvo reports impressive 31% jump in India car sales to 2,423 units in CY2023

Swedish car maker Volvo Cars on Friday said its total car sales in India witnessed a 31 percent yearly jump at 2,423 units in calendar year 2023, driven by the XC60 model.

Carrefour ousts PepsiCo over price hikes in Europe: WSJ

Carrefour, one of the world's largest supermarket chains with a significant presence in more than 30 countries, has announced its decision to stop selling several PepsiCo products in France, Italy, Spain, and Belgium.

Kalyan Jewellers set to launch 250th store in Ayodhya

Kalyan Jewellers announced on Friday its intention to inaugurate the 250th showroom in Ayodhya, Uttar Pradesh, during the current quarter.

Gujarat outpaces national growth, becomes India's growth engine

With a Compound Annual Growth Rate (CAGR) of 15 percent from 2002-03 to 2022-23, surpassing the national average, Gujarat maintains its status as one of the country's fastest-growing states, as stated by the state government.

Chinese dumping forces closure of 35% Guj stainless steel MSMEs in Q2 FY24

Stainless steel players in India are grappling with a significant influx of low-cost Chinese imports, resulting in the closure of approximately 30-35 percent of medium and small businesses in Gujarat between July and September last year, according to Rajamani Krishnamurti, President of the Indian Stainless Steel Development Association (ISSDA).

UN forecasts 6.2% growth for India, property issues dampen China

According to the United Nations World Economic Situation and Prospects (WESP) 2024 report, India witnessed robust investment performance in 2023, driven primarily by government infrastructure initiatives and multinational investments.

Govt investigates DHL, FedEx, UPS for suspected discount and tariff collusion

In a significant probe by the Competition Commission of India (CCI), the domestic branches of global delivery giants like DHL, United Parcel Service (UPS), and FedEx are under scrutiny for potential collusion in setting discounts and tariffs.

INDIA'S GDP LIKELY TO GROW 7.3 % IN FY24 BACKED BY ALL-ROUND PERFORMANCE OF SECTORS

The only exception is the agriculture and allied sector, for which the estimated growth is 1.8 percent, compared to a 4 percent expansion in the previous fiscal.

FOUR INCLUDING TWO PESO OFFICIALS ARRESTED BY CBI IN BRIBERY CASE IN NAGPUR

The Central Bureau of Investigation (CBI) has arrested four persons here including two officials of the Petroleum and Explosives Safety Organization (PESO) in an alleged case of bribery and recovered a total of Rs 2.25 crore in cash from their possession.