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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.
Navi Mumbai civic body collects property tax of Rs 465.7 cr in 9 months of FY24
The Navi Mumbai Municipal Corporation (NMMC) has collected Rs 465.70 crore as property tax in nine months of the financial year 2023-24 compared to Rs 398.65 crore in the same period of the previous fiscal, officials said.
Minimum temperature in Mumbai hits winter low at 18.4°C
Mumbai experienced its coldest morning of the winter season as the minimum temperature dipped to 18.4 degrees Celsius on Wednesday, accompanied by smog-causing
DELHI HIGH COUT: PERSONS WITH DISABILITIES MUST BE GIVEN CHOICE TO BE POSTED AT PREFERRED PLACE, MAY BE EXEMPTED FROM ROTATIONAL TRANSFERS
The Delhi High Cout in the case Bhavneet Singh v. Ircon International Limited Through Chairman And Managing Director And Ors observed that the State must ensure that transfers and job postings of Persons with Disabilities, PwDs is done in the way that they shall be given the choice which is to be posted at their preferred place of posting, and may even be exempted from rotational transfers as mandated for other employees.
BENGALURU COURT REFERRED WIPRO'S CASE AGAINST EX-CFO JATIN DALAL OVER NON-COMPETE CLAUSE FOR ARBITRATION
The City Civil Court in Bengaluru in the case Wipro Limited AND Jatin Pravinchandra Dalal observed and has referred the dispute between Wipro Limited and its former Chief Financial Officer, Jatin Dalal over the alleged violation of a noncompete clause for arbitration.
SC: Bar Of Limitation Cannot Be Avoided By Resorting To Article 136 Of Constitution When Statutory Appeal Available
The Supreme Court in the case Gopal Krishnan MS and Anr. v.
Parliament... without a bowler
In a democratic process, it is difficult to imagine Parliament functioning without Opposition
We all wish to board train to eternity with confirmed booking!
As in chess so in life the ‘end game’ matters the most; all is well that ends well !
UAE's ZHO commemorates World Braille Day
Zayed Higher Organisation for People of Determination (ZHO) affirmed its commitment to enhance the dissemination and use of the writing system for the blind or visually impaired through touch, known as “Braille,” in all aspects of life.
NEPAL AND INDIA SIGN 10-YEAR DEAL: 10,000 MW ELECTRICITY SALE AGREEMENT
Kathmandu and New Delhi on Thursday inked a longterm agreement on electricity trade, as part of which Nepal will export 10000 megawatts
TORRENT POWER SHARES SOAR 13% ON RS 47,350 CR PROJECT AGREEMENT WITH GUJARAT
Shares of Torrent Power surged 13.5 per cent on the BSE to a fresh high of Rs 1.071.6 in Thursday's intra-day trade
Brigade Enterprises surges 13% with strong outlook
Brigade Enterprises (BEL) witnessed a 13 per cent surge, reaching a new peak of Rs 983.65 on the BSE during Thursday's intra-day trade, driven by a positive business outlook.
Bajaj Finance surges 5% on strong Q3 AUM growth
Bajaj Finance witnessed surge in its shares during Thursday's trading session, following the disclosure to stock exchanges that its customer base as of 31 December 2023, increased to 8.04 crore from 6.60 crore on the corresponding day last year.
WFI plans suspension challenge, convenes EC Meet on 16 January
The Wrestling Federation of India (WFI) plans to challenge its suspension by the Sports Ministry in court next week and has scheduled an Executive Committee meeting in New Delhi on 16 January to discuss the next steps.
Jaishankar and Nepal's President Convene in Kathmandu
On Thursday, External Affairs Minister S.
Congress Chief criticizes Modi Govt for failing to curb rising crude oil prices
On Thursday, Congress President Mallikarjun Kharge criticized the Union government for not reducing petrol and diesel prices despite the global fall in crude oil prices.
INDIA REPORTS 760 FRESH COVID CASES, TWO FATALITIES
A single-day rise of 760 new cases of Covid were recorded in the country and two more deaths have been reported
Delhi and Noida airports gear up for competition
A brewing clash between a new entrant in Noida and the established veteran in Delhi is poised to reshape the landscape of India's airport network. According to aviation consultancy firm CAPA India, the anticipated competition between Jewar Airport in Noida and Indira Gandhi International Airport in Delhi could intensify even before the former begins operations later this year.
Blood now free as govt caps charges on units
In a bid to curb overcharging practices, hospitals and blood banks across India are now limited to charging only processing fees for blood, as per the recent decision by the Drugs Controller General of India (DCGI).
TOY EXPORTS SURGED 239%, IMPORTS DECLINED 52% IN FY15-23, SAYS IIM STUDY
The Indian Toy indus239 per cent rise in exports and 52 per cent decline in imports in financial year 2022-23 over FY 2014-15, buoyed by Government efforts to boost the sector.
BJP accuses Kejriwal of drug scandal amid DGCI action
In a decisive move to prevent potential exploitation, the Drugs Controller General of India (DCGI) has prohibited all charges related to blood units, with the exception of supply and processing costs.
ONGC DOMINATES 9TH OIL, GAS BLOCK AUCTION. SECURES 7 OF 10 AREAS
ONGC dominates, securing seven areas, while a consortium led by Reliance Industries and BP claims one each in the ninth round of OALP, marking a significant move towards energy self-sufficiency with 28 blocks offered for exploration
ELGAR CASE: SC NOTICE TO MAHA, NIA ON BAIL PLEA OF DU PROFESSOR HANY BABU
The Supreme Court on Wednesday a response from the Maharashtra government and the NIA on a plea by Delhi University's associate professor and Elgar Parishad-Maoist links case accused Hany Babu against an order of the Bombay High Court which rejected his bail plea.
Supreme Court Issued Guidelines To High Court’s On Summoning Govt Officials, Says Personal Presence Should Be Exceptional
The Supreme Court in the case State of Uttar Pradesh v. Association of Retired Supreme Court and High Court Judges observed and has addressed the issue of 'arbitrary and frequent' summoning of government officials by the Courts.
Court of Appeals In Qatar Commutes Death Of 8 Navy Veterans
My happiness really knows no bounds whatsoever and I to be dead honest just can’t control my tears from flowing freely after listening to news and reading in newspapers that the death penalty after a very long spell of uncertainty was looming like a ‘Damocles Sword’ on the eight ex-Navy personnel sentenced to death in Qatar on October 26 by Qatar’s Court of First Instance has been set aside by a higher court – Qatar’s Court of Appeals in Doha on December 28, 2023 thus giving them reprieve from being executed.