CATEGORIES

Bajaj Housing Finance files for Rs 7,000 cr IPO with SEBI

Bajaj Housing Finance Limited (BHFL), an arm of Bajaj Finance has submitted its draft red herring prospectus (DRHP) with capital markets regulator SEBI to raise funds in the public market.

COURT DEFERS HEARING OF RAHUL GANDHI CASE

An MP-MLA court in Sultanpur (Uttar Pradesh) on Friday deferred the hearing in the 2018 defamation case against Congress leader.

SYRIAN ARRESTED IN GLOBAL COUNTERFEIT MEDICINE RING BUST

Four people, including a Syrian national, have been arrested for allegedly producing and distributing counterfeit cancer and diabetes medications to international markets, according to officials.

Delhi police files chargesheet against six accused

The Special Cell of Delhi police on Friday filed a 1000page chargesheet in the Parliament security breach case at Delhi's Patiala House Court.

How AI is used for virtual abuse of children

In this digital age, advancements in technolLogy have brought both convenience and risks.

Toyota Motor launches used car outlet

Toyota Kirloskar Motor (TKM) has inaugurated its first company owned Toyota Used Car Outlet (TUCO) in New Delhi, second in India, under the brand name of \"Toyota U-Trust\" aimed at offering customers with high-quality and safe used cars.

WARDWIZARD RECEIVES 1.29 BN ORDER FROM PHILIPPINES

Wardwizard Innovations & Mobility (WIML), a manufacturer of electric vehicles under the 'Joy e-bike' and Joy e-rik' brands in India, has secured a significant order worth USD 1.29 billion from Beulah International Development Corporation, one of the renowned fullservice business integration companies and EPC firms in the Philippines backed by RP Connect.

Tata Motors launches sporty Altroz Racer

Tata Motors, automotive manufacturer, has announced the launch of the Altroz Racer - the sporty avatar of the company's premium hatchback.

VARUN BEVERAGES POISED FOR GROWTH

Consumption demand in the rural markets has been in distress over the last few years from the demonetization of 2016 to the liquidity crisis in 2018 and the onslaught of Covid19 epidemic in 2020.

Steady repo rate at 6.5% aligns with market expectations: NSE Macro Review

The Reserve Bank of India’s (RBI) Monetary Policy Committee’s (MPC) decision to keep the policy repo rate steady at 6.5 per cent aligns with market expectations, continuing the trend that has been observed over the past several meetings.

RBI POLICY CHEERS, SHOWS MPC SPLIT

The RBI's Monetary Policy statement keeping policy repo rate unchanged at 6.50 per cent and remaining focused on ensuring that inflation progressively aligns to the target of achieving the target of consumer price index (CPI) inflation of 4 per cent while supporting growth, revised upward in FY25 to 7.2 per cent, has been welcomed by economists and industry.

Financial stability challenges need to be discussed: IMF

Echoing the sentiment expressed by Reserve Bank of India (RBI) Governor Shaktikanta Das, Kristalina Georgieva, Managing Director, International Monetary Fund (IMF), underscored the need to discuss the financial stability challenges in a separate discussion in Washington D.C.

Domestic passenger traffic in May "24 grew 5.2% yoy at 138.9 lakh

The domestic air passenger traffic for May 2024 was estimated at 138.9 lakh, higher by 5.2 per cent in comparison to 132.0 lakh in April 2024. Further, it witnessed a YoY growth of 5.1 per cent in comparison to 132.1 lakh in May 2023 and higher by 14 per cent than pre-COVID levels of 121.9 lakh in May 2019.

Pune car crash: Accused teen's father, grandfather among five booked suicide abetment

The Pune Police have booked the father and grandfather of a teenager involved in the Pune May 19 car accident case, in a separate case of abetment of suicide of a local businessman's son, officials said on Friday.

WE HAVE 300 SEATS, WILL COMPLETE FIVE-YEAR TERM’: AJIT PAWAR AHEAD OF NDA MPS MEETING

As the National Democratic Alliance (NDA) is set to hold a meeting today, Maharashtra Deputy Chief Minister Ajit Pawar on Friday said that the NDA coalition will comfortably complete its five-year term at the Centre.

Heat wave takes toll on truck rentals and fleet occupancy levels in May: Report

The June 2024 edition of Shriram Mobility Bulletin, released today includes interesting data about the latest state of the automobile and logistics sector.

Madhya Pradesh High Court Imposed Rs 25K Cost On Counsel For Non-Cooperation

The Madhya Pradesh High Court in the case Smt. Praveen Prakash v. National Insurance Co. Ltd. & Ors. observed and has imposed the cost for an amount of Rs 25,000/- on a counsel appearing for the respondents, including the insurance company, in a service matter.

China recruiting US fighter pilots for Air defence boost: Five eyes Report

According to Voice of America ( VOA) , o n Wednesday, the US and several of its intelligence allies released a report indicating that China has been actively seeking to recruit fighter pilots to enhance its air defense capabilities and develop more sophisticated tactics to counter Western forces.

Delhi Airport to boost peak runway capacity by 30% in 3 years: DIAL CEO

Delhi Airport is working with the government-run Airports Authority of India (AAI) and an international consultant to optimise operations so that it can increase peak runway capacity by about 30 per cent to 110 movements per hour in three years, said Videh Kumar Jaipuriar, chief executive officer of Delhi International Airport Limited (DIAL), on Friday.

Muthoot Microfin, SBI join forces to empower women entrepreneurs through co-lending

Muthoot Microfin has announced a significant step towards empowering women entrepreneurs by entering into a Co-lending agreement with the State Bank of India (SBI), as per a filing submitted to the exchange on Thursday.

PM MODI APPLAUDS INDIAN UNIVERSITIES" RISE IN WORLD QS RANKINGS

Prime Minister Narendra Modi commended the notable progress in the performance of Indian universities

INDIAN AIRPORT INDUSTRY'S PROFIT EXPECTED TO SOAR BY 35% IN FY25

The Indian airport industry's profit before tax (PBT) is expected to grow by 35 per cent year-on-year (Y-o-Y) to Rs 10,370 crore in the financial year 2024-25 (FY25)

PRIME MINISTER MODI PARTICIPATES IN PARLIAMENTS NDA MEETING

HD Kumaraswamy proposed Narendra Modias the Leader of the NDA Parliamentary Party, while Chandrababu Naidu praised Moat scampaign ails and Rajnath Singh endorsed his leadership.

RBI keeps repo rate at 6.50 %, revises GDP growth to 7.2 % in FY25

Expressing confidence in India's recent economic progress, continued momentum in economic activity and the economy's path towards greater transformational changes, the Reserve Bank of India on Friday left the policy repo rate unchanged at 6.50 per cent signalling focused intent on achieving the medium-term target for consumer price index (CPI) inflation of 4 per cent, while supporting growth, which, amidst the upside of resilience in high frequency indicators of domestic activity in 2024-25 and headwinds from geopolitical tensions, is seen at a potential 7.2 per cent in FY25 by rbi.

July budget key to assessing Government's reform agenda, Fitch ratings

Fitch Ratings projects that recent election losses will not lead to major policy changes.

Indian Railways targets 250 km/h train,these countries can manufacture them

In a groundbreaking move, the Ministry of Railways has directed the Integral Coach Factory (ICF) in Chennai to manufacture two highspeed trains capable of achieving speeds of 250 kilometres per hour (kmph).

ADANI SOLAR RETAINS TOP SPOT IN PV MODULE RELIABILITY. 7TH YEAR RUNNING

Adani Solar's modules excelled in Kiwa PVEL's rigorous PQP testing, earning the company Top Performer status for seven consecutive years, a unique achievement among Indian manufacturers.

India third in May's global gold buver list. WGC

In May, the global gold market witnessed a significant shift, ending a twelve-month losing streak for gold exchange-traded funds (ETFs).

RELIANCE ON PM MODI, SIDELINING OF REGIONAL SATRAPS COST BJP DEAR

The Congress and I.N.D.I_A bloc must be rueing over the missed opportunities in the 2024 election particularly in Andbra Pradesh and Odisha where tacit or tactical alliances were not made. In Odisha, Bibar chief minister Nitish Kumar when part of I.N.D.I. Alliance then, had paid a visit to Bhubaneshwar requesting Naveen Patnaik to join the alliance.

Heatwave Ready, Health Ministry Reviews States' Plans

State health departments have been provided with comprehensive directives, including advisories, guidelines, public health advisories, poster templates, and checklists, to enhance preparedness for heat-related illnesses and ensure safety measures in healthcare facilities