CATEGORIES

WORLD BANK LAUNCHES CLIMATE AND HEALTH INITIATIVE TO AVERT 21 MILLION DEATHS BY 2050

The urgency of addressing five critical health risks-extreme heat, stunting, diarrhoea, malaria, and dengue-is underscored by the World Bank, which warns that these risks could lead to millions of lives lost within the next three decades.

'Our motto is to mobilise India by making in India, for India and for world'

In an exclusive interview with Swarajya, Gunjan Vakharia, Head of Business-Mobility at Siemens Limited, sheds light on Siemens' significant contributions to the development of Indian Railways and its vision for the future. With a presence in India for 150 years, Siemens focuses on addressing the entire railway value chain, providing innovative solutions and supporting the nation's growth.

Adani's AICTPL sets record handling 300,000 containers in Nov

Adani International Act Container Terminal Pvt Ltd (AICTPL) has achieved a significant milestone, emerging as the first terminal in India to handle over 300,000 containers in a single month. AICTPL, a joint venture terminal of Adani Ports and Special Economic Zone (APSEZ) located in Mundra, demonstrated its operational prowess by setting a national record.

L&T FINANCE FINALIZES MERGER OF 3 SUBSIDIARIES WITH ITSELF

L&T Finance Holdings announced the completion of merger of subsidiaries, L&T Finance (LTF), L&T Infra Credit (LTICL), and L&T Mutual Fund Trustee, with itself.

HP records 33.9% unemployment rate in July-Sept qtr

The Periodic Labour Force ed by the National Sample Survey Office (NSSO) has revealed concerning statistics regarding unemployment rates among the age group of 15 to 29 years in various states during the period of July-September 2023.

Kochi metro's pink line gets green light with ₹378 cr boost

The Kerala Government greenlit a substantial amount of Rs 378.57 crore for the second phase of the Kochi Metro Rail Project, a move aimed at advancing the expansion of this transformative transportation initiative.

ONGC'S KG BLOCK OIL GUSHER STARTS IN MAY 2024

Geological complexities and logistical challenges delay KG-DWN-98/2 project

BJP win in 3 states positive, expected to calm mkt over policy risks: Nomura

India's state election results Lin three key Hindi heartland states - Madhya Pradesh, Rajasthan and Chhattisgarh -- with a decisive win for the ruling Bharatiya Janata Party has come as a positive surprise and is expected to ally market concerns over political risks and fiscal populism at the margin, according to Nomura analysts. The Rating agency notes the BJP's win as an endorsement of Prime Minister Narendra Modi's continued mass appeal, which also reflects the ongoing trend of competitive populism.

Managed investments set to double, reaching Rs 315 trillion

The Indian corporate bond market is poised for rapid expansion, set to more than double its outstanding size by fiscal 2023, as projected by Crisil Ratings.

28 Crypto/VDA platforms join PMLA regulatory fold

Twenty-eight Virtual Digital Assets (VDA) service providers, including prominent platforms like WazirX, Coin DCX, and Coinswitch, have officially registered themselves with India's Financial Intelligence Unit-India (FIUIND), as per the Finance Ministry's announcement on December 4.

GST COFFERS OVERFLOWING, AVERAGE MONTHLY MOP-UP HITS RS 1.66 TRILLION

Yearly GST collections see robust 11% rise, reaching Rs 1.50 lakh crore on average in 2022-23.

Rohit Pawar warns uncle Ajit: 'Target me, but address youth issues'

A day following Maharashtra Deputy Chief Minister Ajit Pawar's mocking remarks about the Yuva Sangharsh Yatra led by opposition MLA and nephew Rohit Pawar, the latter issued a warning.

Goa BJP celebrates as party leads in MP, Rajasthan and Chhattisgarh

Goa BJP workers on Sunday burst firecrackers and distributed sweets as the party was leading in Madhya Pradesh, Rajasthan and Chhattisgarh, according to the latest figures of vote counting in these states.

ASSEMBLY POLLS: RESULTS WON'T HAVE IMPACT ON I.N.D.I.A. BLOC, SAYS PAWAR

Nationalist Congress Party chief Sharad Pawar on Sunday said the outcome of the Assembly elections in four states will not have any impact on the I.N.D.I.A. bloc, which comprises more than 25 opposition parties led by the Congress.

DELHI HIGH COURT ORDERED PRESERVATION OF CCTV FOOTAGE; PURDAHNASHIN MUSLIM WOMAN ALLEGED DETENTION INSIDE POLICE STATION

The Delhi High Court in the case Reshma v. The Commissioner Of Police observed and has ordered preservation of CCTV footage of cameras inside and around a police station in the city while dealing with the petition moved by a purdahnashin Muslim woman alleging that she was forcibly taken by the cops from her residence without her veil and was illegal detained in the police station.

BOMBAY HIGH COURT: ELECTRICITY CONNECTION ON PARTICULAR ADDRESS NOT PROOF OF OWNERSHIP. LEGALITY OF CONSTRUCTION

The Bombay High Court in the case High Court On Its Own Motion v. State of Maharashtra through Principal Secretary and Ors., observed and has held that an electricity bill or connection on a certain address is not proof of ownership or legality of construction.

Haryana BJP celebrates victory surge after impressive state election results

BJP is poised for a hat-trick victory in Haryana, creating historical significance with a resounding triumph in the upcoming assembly elections.

Himalayas need help, COP28 talks must respond, says U.N. Chief Guterres

Warning of a potential catastrophe in the Himalayas where the glaciers are melting at an alarming rate, UN chief Antonio Guterres on Saturday said the ongoing annual climate talks here must respond to the needs of the developing nations, especially the vulnerable mountain countries that need urgent help.

IMF ED KV SUBRAMANIAN PRAISES INDIA'S GST REVENUE AND ROBUST GDP GROWTH

He highlighted the robust 7.7 per cent GDP growth in the first half of the year, projecting a 7 per cent growth for the entire financial year

Wipro Consumer Care-Ventures unveils Rs 2.5 billion fund for startups

Wipro Consumer Care Ventures, the venture funding arm of Wipro Consumer Care & Lighting, is set to launch 'Fund II,' a robust Rs 250 crore fund dedicated to investing in and supporting consumer startups in India and Southeast Asia. The focus of Fund II remains on identifying and investing in innovative companies that address consumer needs, emphasizing a commitment to longterm growth and fostering a strong governance mindset.

FINANCIAL MKT INFRA FIRMS POISED FOR STRONG 2024 PERFORMANCE, FITCH RATINGS AFFIRMS

Fitch emphasizes that fiscal policy's role has been expanding steadily for over a decade, a trend set to continue in 2024

CM Manik Saha to purchase 40,000 MT paddy from farmers at MSP

The Tripura government set a target purchasing 40,000 metric tons of paddy from farmers at the minimum support price during the kharif season. Paddy will be purchased at the rate of Rs 21.83 per kg, said a press release issued by the government.

K'TAKA EYES RS 1.4 LAKH CRORE INVEST YEARLY TO BOOST STATE ECONOMY

The state has garnered big-ticket investment proposals from prominent entities such as Foxconn, IBC, AMD, Qualcomm, Applied Materials, Marubeni, and Tata Technologies

LIC plans to set up office in GIFT City during FY24

Life Insurance Corporation Life (LIC) is planning to open office in GIFT International Financial Services Centre Gandhinagar (Gujarat) during the current fiscal to further its overseas business.

5% biogas blend to slash $1.17B in LNG imports: IBA report

The proposed 5 per cent blending of biogas with natural gas supplies in the country can cut LNG imports worth USD 1.17 billion annually, says a study by the Indian Biogas Association (IBA).

Foreign investors infuse Rs 90B in equities in Nov; inflow in debt at 6-yr high

Foreign Portfolio Investors (FPIs) resumed their position as net buyers in the Indian stock markets in November, injecting a substantial Rs 9,000 crore into the market.

India's emission intensity reduced by 33% between 2005-2019

India has successfully reduced its GDP emission intensity by 33% between 2005 and 2019, achieving this milestone 11 years ahead of schedule, according to a government report presented at the ongoing climate talks in Dubai.

Mkt-cap of 9 of 10 most valued firms up rs 1.30 trn

Last week witnessed a positive upswing in the stock market, reflected in the combined market valuation surge of Rs 1,30,391.96 crore among the top-10 most valued firms, excluding Reliance Industries. The BSE benchmark recorded a notable increase of 1,511.15 points or 2.29%.

INDIA'S ENERGY DEMAND TO DOUBLE BY END OF DECADE: MUKESH AMBANI

India, ranked as the world's third-largest energy consumer, is poised to witness a doubling of its energy requirements by the end of the decade, fueled by an unprecedented surge in economic growth, according to Mukesh Ambani, the country's wealthiest individual, on Saturday.

WIPRO CONSUMER CARE VENTURES LAUNCHES SECOND FUND WITH RS 250 CRORE CORPUS

Wipro Consumer Care – Ventures, the venture funding arm of Wipro Consumer Care and Lighting, on December 2 said it has launched the second fund with a corpus of Rs 250 crore. The Fund II will focus on investing in consumer startups in India and Southeast Asia, a company statement said.