CATEGORIES

PM in Russia stressed need for peaceful solution

Prime Minister Narendra Modi emphasised the need for peaceful solutions to the conflict between Russia and Ukraine, highlighting the devastating effects of violence on civilians and children during his official visit to Moscow, the Ministry of External Affairs Ministry spokesperson Randhir Jaiswal said on Friday.

Congress attacks Lokpal, asks 'who will hold PM accountable'

After the Lokpal rejected a plea seeking a probe against Prime Minister Narendra Modi over his remarks made against Congress for taking money from Mukesh Ambani and Gautam Adani, Jairam Ramesh on Friday targeted the Lokpal and asked who will hold the PM accountable for telling lies.

Indian embassy in Moscow steps up to help stranded Air India passengers in Krasnoyarsk

The Indian Embassy in Moscow has dispatched a team of three senior officials and an interpreter to Krasnoyarsk to assist the passengers of Air India flight AI183, which made an emergency landing on Thursday.

ArcelorMittal ends Mexico standoff with 8% pay rise, restarts operations

A 55-day-long standoff at an ArcelorMittal facility in Mexico has finally come to an end after workers overwhelmingly approved a new settlement.

Ramkrishna Titagarh Rail's Rs 2,180 Cr forged wheel project gets financing boost

Ramkrishna Titagarh Rail Wheels Ltd (RTRWL), a joint venture between Ramkrishna Forgings Ltd and Titagarh Rail Systems Ltd, is on the verge of achieving financial closure for its Rs 2,180-crore forged wheels project.

Paytm Q1 FY2025 revenue grows to Rs 1,502 Cr despite wider loss of Rs 840 Cr, merchant activity rebounds

One97 Communications Limited, the parent company of Paytm, has reported a widening of its loss to Rs 840 crore in the quarter ended June 30, 2024, primarily due to the continued impact of restrictions on Paytm Payments Bank Ltd. The company had posted a loss of Rs 358.4 crore in the same period a year ago.

Vodafone Idea secures Rs 615 crore in funding

Vodafone Idea, a leading telecom operator in India, has approved the allotment of over 40 crore shares on a preferential basis to Nokia Solutions and Networks India and Ericsson India.

MICROSOFT OUTAGE DISRUPTS USERS WORLDWIDE, INCLUDING INDIA

Microsoft's cloud services outage, which impacted US airlines and caused flight cancellations, has been resolved, but a new Crowdstrike update is believed to have caused the disruption, affecting Windows-based devices and Microsoft services like Azure and Teams

Euro dips on steady ECB rates, Dollar gains on US data

The European Central Bank’s (ECB) decision to keep interest rates steady has led to a decline in the euro, while the dollar has strengthened following positive data on the US labour market and manufacturing.

CM Bhupendra Patel: Gujarat's AI and ML efforts aligned with Centre's vision

Gujarat Chief Minister Bhupendra Patel recently addressed the “Gujarat Semiconnect Conference-2024” in Gandhinagar, emphasizing the significance of emerging technologies in driving the state’s growth trajectory.

RBI's coordination with Govt, not cheerleading, aided economic revival: Governor Das

Reserve Bank of India (RBI) Governor Shaktikanta Das has asserted that the central bank is “more than autonomous” and that it has the freedom to take decisions without any interference from the government.

CHECK-IN CHAOS AT INDIAN AIRPORTS DUE TO MICROSOFT AZURE PROBLEM

Indian airlines Indigo, Akasa Air, and SpiceJet report system disruptions due to Microsoft Azure outage, impacting check-ins, bookings, and flight updates, while Microsoft investigates and works to resolve the issue

Mutual funds attracting household savings, impacting bank liquidity

In a significant trend, households are increasingly turning to capital markets and other financial intermediaries to invest their savings, rather than traditional banks.

Weekly Dollar gain hinges on US Rates, Yen's volatility

The dollar held steady on Friday, poised to snap a two-week losing run, as US labour and manufacturing data kept traders pondering on the timing and magnitude of the Federal Reserve’s rate cuts this year.

Delhi-NCR housing boom, over 23,000 new units launched in H1, Gurugram leads charge

The Delhi NCR housing market has witnessed a remarkable surge in the first half of 2024, with a record 23,265 housing units launched, surpassing the total annual launches of 2023.

Asian markets tumble as tech sell-off spreads

Asian shares are poised to end the week on a dismal note, with the MSCI’s broadest index of AsiaPacific shares outside Japan plummeting 1.56% and heading for its worst week in three months with a nearly 3% loss.

CCI APPROVES ACQUISITIONS OF ARJAS STEEL AND SUVEN PHARMACEUTICAL

CCI approves SMIORE's expansion into steel products and Platinum Poppy's indirect investment in Suven Pharmaceuticals, granting ADIA a stake.

Indian stocks soar to record highs, Sensex tops 81,000 for the first time

Indian stock indices scaled new heights on Thursday, with the Sensex breaching the remarkable 81,000 milestone for the very first time, buoyed by a wave of positivity sweeping through the markets.

AIR INDIA PARTNERS WITH THE BICESTER COLLECTION TO OFFER SHOPPING AND DINING EXPERIENCES

As part of its Flying Returns loyalty program, Air India has partnered with The Bicester Collection, a designer outlet shopping center on the outskirts of Bicester, to offer customers reward points on shopping and dining experiences at The Bicester Collection’s nine open-air luxury shopping Villages in Western Europe, Air India said in a press release.

ADB APPROVES USD 240.5 MN LOAN FOR ROOFTOP SOLAR SYSTEMS IN INDIA

The Asian Development Bank (ADB) has approved a loan of USD 240.5 million to finance rooftop solar systems in India, aiding the government’s efforts to expand energy access through renewable energy.

Mumbai experiences heavy spells of rain; several parts of city waterlogged

Mumbai has been experiencing a heavy downpour since Thursday morning, with many parts of the city getting waterlogged, causing traffic congestion.

EC ALLOWS SHIV SENA (UBT) PARTY TO ACCEPT PUBLIC CONTRIBUTIONS AHEAD OF POLLS

The Election Commission of India on Thursday accepted the demand raised by the Shiv Sena (Uddhav Balasaheb Thackeray) party to accept public contributions in view of the upcoming assembly elections in Maharashtra.

Reservation for transgender persons: Supreme Court seeks responses from 3 states, 5 UTS

The Supreme Court in the case Kamlesh and Ors v. Niten Chandra and Ors observed and has sought responses from various States and Union Territories with regards to compliance with the directions given in the landmark case of NALSA v. Union Of India for devising mechanisms to give the benefit of affirmative action to the Transgender community in India.

ASSAM GIVES NOD TO REPEAL ASSAM OLD MUSLIM MARRIAGES, DIVORCE LAW

Assam state cabinet has given approval to Assam Repealing Bill 2024 to bring parity in registration of marriage and divorce.

Rentkar deploys 1000+ Electric Scooters, suggests to switch for Zero Commitment

Rentkar plans to deploy 1,000 electric scooters in the market and advocates because one should switch to their zero-commitment, easy-service, and competitive EMI rental models for everyday use.

Kiara Advani Spills the Secret Sauce of Celebrity Brand Endorsements

In a rare glimpse into the world of high-stakes celebrity branding, Bollywood powerhouse Kiara Advani pulled back the curtain on her USD 66 million brand empire at the Brand World Summit 2024.

TATA POWER, NHPC PARTNER FOR ROOFTOP SOLAR PROJECTS

NHPC and TPREL partner to install rooftop solar panels on government buildings, aiming to boost clean energy use in India

Luxury home sales in top Indian cities jump 27%

India’s luxury housing market witnessed a significant surge in the first half of 2024, with sales jumping 27% yearon-year according to a report by CBRE South Asia, a real estate consulting firm.

Justdial Q1 FY25, 13.6% and 69.3% YoY growth in revenue and net profit

Justdial, India’s leading local search engine, has reported its highest-ever financial results, showcasing exceptional growth and robust financial health in the first quarter of FY25.

Arunachal CM urges aviation ministry to boost Itanagar flight connectivity

In a bid to enhance the quality of life, tourism, and commerce in Arunachal Pradesh, Chief Minister Pema Khandu has appealed to the Union Civil Aviation Ministry to increase flight connectivity to and from the state’s Donyi Polo Airport in Itanagar.