CATEGORIES

COMMERCIAL COAL MINES RISE FROM 37% TO 11.9 MT IN NOVEMBER

The government on Saturday said coal production from captive, commercial coal mines registered a 37 per cent rise to 11.94 Million Tonnes (MT) in November. The coal output from captive, commercial coal mines was at 8.74 MT in November 2022-23.

India's tea production rises by 12.06% to 182.84 million kg

Tea production in the country increased by 12.06 per cent to 182.84 million kg in October this year as compared to 163.15 million kg in the corresponding month last year.

JIO AND TM FORUM OPEN FIRST INNOVATION HUB IN MUMBAI

TM Forum, the leading global alliance of telco and tech companies, and Jio, a subsidiary of Reliance Industries Limited, held the opening ceremony for the first TM Forum Innovation Hub, located in Mumbai, on Friday.

Dindoshi court adjourns bail hearing of RPF constable Chetan Singh to Dec 8

Dindoshi Sessions Court in Mumbai has postponed the hearing of bail application of a dismissed Railway Protection Force (RPF) constable, Officer Chetan Singh who is accused of killing three passengers and an assistant sub-inspector (ASI) of the RPF , court fixed the December 8 for next hearing.

MALEGAON COURT GRANTS BAIL TO SHIV SENA LEADER SANJAY RAUT

Malegaon (Maharashtra) court on Saturday granted bail to Shiv Sena (UBT) leader Sanjay Raut in a defamation case filed by state PWD and Nashik guardian minister Dada Bhuse.

ED FILES CHARGESHEET AGAINST AAP LEADER SANJAY SINGH

The Enforcement Directorate (ED) on Saturday filed a sup- plementary prosecution complaint (Chargesheet) against Aam Aadmi Party (AAP) leader Sanjay Singh and his alleged associate Sarvesh Mishra in a money laundering case related to the Excise policy case.

Omega Seiki Mobility inaugurates COCO service centre

Omega Seiki Mobility has inaugurated its companyowned-company-operated (COCO) service centre for their electric vehicles which is green energy powered so as to facilitate a sustainable future for EV users nationwide.

HONDA, TOYOTA, AND M&M WITNESS SUV SALES SURGE

India’s 31-day festive season went well for the automobile industry with SUVs offering growth acceleration.

PRE-VIBRANT SUMMIT EXPORTERS' CONFERENCE IN AHMEDABAD ON DEC 5 SET TO IGNITE GROWTH

In anticipation of the 10th edition of the Vibrant Gujarat Global Summit 2024, the Exporters’ Conference, themed ‘ExportEXCELerate: India’s Export Revolution for Viksit Bharat @ 2047,’ is slated to unfold here on Tuesday.

KROSS FILES RS 500 CRORE IPO PAPERS WITH SEBI

Kross Ltd — a specialist in manufacturing forging components for top OEMs — has filed preliminary papers with capital markets regulator Sebi to raise Rs 500 crore through an Initial Public Offering (IPO).

Tata Power acquires Bikaner, Neemrana transmission project

Tata Power on Saturday said it has acquired Bikaner-Neemrana Transmission Project through a bidding process. Bikaner-III Neemrana-II Transmission Ltd is a special purpose vehicle (SPV) set up by PFC Consulting, for the project.

INDIA, US AGREE TO STEP UP COOPERATION ON SEMI-CONDUCTORS, SUPPLY CHAIN, MINERALS

India and the US have agreed for closer engagement and cooperation on supply chain, semiconductors, pharma, critical minerals and energy during a review of the India-US CEO Forum which saw India and American industry leaders expressing deep commitment in expanding the bilateral commercial ties. The review will lay the groundwork for concrete initiatives to be unveiled at the upcoming CEO Forum meeting in early 2024.

INDIA'S MANUFACTURING PICKS UP GROWTH ON ROBUST ORDERS, AMID INFLATION WORRY

The Indian manufacturing industry picked up growth in November, after slowing in October, as output gathered pace on strengthening client demand, more favourable input supply and boost in production volumes.

GST collection at Rs 1,67,929 lakh crore in November 2023, highest growth of 15% y-o-y

The Government’s goods and services tax revenue collection for November 2023 has recorded the highest growth rate of 15 per cent year-on-year at ₹1,67,929 lakh crore, crossing the ₹1.60 lakh crore mark for the sixth time in FY 2023-24, on increased domestic activity and festive season buying.

LOW AGRI, SERVICES, PVT FINAL CONSUMPTION GROWTH A WORRY FOR ECONOMISTS, ANALYSTS

India’s double-engine fired growth of 7.6 per cent in the July-September quarter of FY2023-24 led by a stronger manufacturing and construction output growth (on the supply side) and on the demand side a robust pickup in fixed investment and government consumption amidst global conflicts, supply chain disruptions and economic slowdown has defied expectations with industry, analysts and experts clutching at various rationale behind this performance.

Amazon Pay introduces sign language video KYC service

Amazon Pay unveiled a groundbreaking video sign language Know Your Customer (KYC) service on Friday, catering specifically to customers with special needs.

Bombay High Court Ordered Department To Refund tax Deposited By HSBC Under protest

The Bombay High Court in the case The Hongkong and Shanghai Banking Corporation Versus Union of India observed and has ordered the department to refund the tax deposited by HSBC under protest

BMC successfully trials Gokhale bridge girder launch

The Brihanmumbai Municipal Corporation (BMC) achieved a successful trial launch of the first Open Web Girder (OWG) for the Gopal Krishna Gokhale bridge in Mumbai’s Andheri on Friday.

Man sentenced to 10 years RI for sexually assaulting six-year-old neighbour

A special court in Maharashtra’s Thane district has sentenced a man to 10 years of rigorous imprisonment for sexually assaulting a six-year-old girl.

ALLAHABAD HIGH COURT: PIL MOVED CHALLENGING THE ORDER OF UP GOVT'S REVISING WAGES OF PRISONERS

The Allahabad High Court in the case observed wherein the Public Interest Litigation, PIL is moved wherein challenging the order of Uttar Pradesh Government’s revising the wages of prisoners.

INDIA PRESENTED EXCELLENT EXAMPLE OF BALANCE BETWEEN ECOLOGY, ECONOMY": PM MODI

Prime Minister Narendra Modi highlights India's exemplary balance between ecology and economy at COP28, emphasizing commitment to NDC targets and urging global climate action

FMCG giants boost ad budgets to drive volume growth

Major FMCG players are ramping up their advertising and promotional (A&P) expenditures to drive volume growth, responding to heightened competition from smaller regional brands, according to analysts.

CIL'S COAL OUTPUT UP 11.5 PER CENT TO 460 MT TILL NOV' FY2024

In the past month, CIL's production increased by 8.7 per cent growth, reaching 66 million tonnes (MT) from 60.7 million tonnes (MT) in the corresponding month of previous fiscal

RS 9,760 CRORE WORTH OF RS 2,000 NOTES STILL IN CIRCULATION

From Rs 3.56 lakh crore to just Rs 9,760 crore, the circulation of Rs 2,000 banknotes plummeted after the May 19, 2023 withdrawal, yet they retain legal tender status.

Universities revving up for 6G

The Department of Telecommunications (DoT) has recently initiated steps to prepare the Indian education system for the upcoming era of 6G technology.

UPI transactions hit new high of Rs 17.4 trillion

In November, the Unified Payment Interface (UPI) in India surged to a new pinnacle in terms of transaction value, hitting Rs 17.4 trillion, marking a 1.4% increase from October’s Rs 17.16 trillion.

India's forex reserves surge by $2.538 billion to $597.935 billion

India’s foreign exchange reserves increased USD 2.538 billion to USD 597.935 billion for the week ended November 24, the Reserve Bank said on Friday.

Industry steps up to support India's low-carbon future

The Climate Finance Leadership Initiative India (CFLI India) revealed a groundbreaking financial initiative aimed at channelling over $6.5 billion to bolster India’s transition towards low-carbon and climate-resilient development.

Foreign investors flock to Indian bonds, reached a 6-year high

Foreign investment in Indian government bonds soared in November, reaching its highest level in six years ahead of their inclusion in JPMorgan’s emerging market index next year.

ATF PRICE CUT BY 4.6 PER CENT, COMMERCIAL LPG HIKED BY RS 21

Earlier in October, the windfall tax on crude oil had been raised to Rs 9,800 per tonne from Rs 9,050. Notably, the windfall tax on aviation turbine fuel, previously at Rs 1 per litre, was removed at that time.