Indian Coast Guard Ship Sujay visits Incheon, South Korea

Indian Coast Guard (ICG) Offshore Patrol Vessel (OPV) ICG Ship Sujay with integral helicopter made a port call at Incheon, South Korea on September 4, 2024, as part of its ongoing overseas deployment to East Asia.

THDC inks MoU with Maharashtra Govt for harnessing of 6,790 MW of PSPs

THDC India Limited, a pioneering entity in the power sector, signed a Memorandum of Understanding (MoU) with the Department of Water Resources, Government of Maharashtra (GoMWRD) for harnessing of Pumped Storage Energy through six number of Pumped Storage Projects (PSPs) in Maharashtra, totalling a remarkable 6,790 MW capacity and involving a proposed investment of more than Rs 33,600 crore in the presence of Devendra Fadnavis, Deputy Chief Minister of Maharashtra, Minister of Home, Law and Judiciary, Water Resources and Command Area Development, Energy, Protocol, Govt. of Maharashtra.

CR harnesses solar energy for its power requirements

Central Railway has always played an active role in opting for green and renewable energy for its power requirements and has taken various bold and revolutionary steps to fulfill the same.

Credit card mkt in India to double by 2028-29: PwC

The number of credit cards in India is expected to reach 200 million with a CAGR of 15 per cent, highlighted a report by PwC.

Loan-to-deposit ratio to subside on its own in coming months: Motilal Oswal

Amid questions on the depleting loan-to-deposit ratio in Indian banks, a recent report by Motilal Oswal, a financial service company suggests that the loan-to-deposit (LD) ratio is likely to subside on its own in the coming months.

Natco Pharma invests $8 mn in eGenesis Inc

Natco Pharma Ltd Wednesday said its Canadian subsidiary has invested USD 8 million (nearly Rs 70 crore) in US-based biotechnology firm eGenesis, Inc.

Interest equalisation scheme for exporters extended for another mth

The government has extended the interest equalisation scheme on pre- and post-shipment rupee export credit for one more month till September 30 to promote the country's outbound shipments.

Banks selling IPO shares within a week, experts call for RBI explanation

Amid a surge in number and demand of Initial Public offerings (IPOs) in the Indian stock market, a recent SEBI report has revealed some interesting behaviour of investors in the IPO market.

Govt to clear FAME 3 scheme in 1-2 mths: Min

The Centre is likely to clear the third Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicle (FAME) scheme to further promote EV adoption in one or two months, Minister of Heavy Industries, HD Kumaraswamy, said on Wednesday.

RIL gets nod to set up mfg unit for ACC Battery storage under PLI

Reliance Industries Limited has been granted approval to set up a battery manufacturing facility for up to 10 GW under the Rs 3,620 crore-Production Linked Incentives (PLI) scheme for ACC Battery Storage, the government said on Wednesday.

India, Bangladesh trade via railway resumes after 47 days

Export and import activities between Bangladesh and India via railway resumed this morning after 47 days, The Daily Star reported.

India remains fastest growing paper mkt in world: Report

India remains the fastestgrowing paper market in the world with domestic consumption of packaging paper and paperboard growing at 8.2 per cent in 2023-24, a report said on Wednesday.

CapitaLand to double investment in India to over ₹90,280 crore

Singapore-based diversified real estate group CapitaLand is planning to double its investment in India to over Rs 90,280 crore by 2028, the city-state's envoy to India said on Wednesday.

SME IPOs: High returns or hidden pitfalls?

With the expansion of the Indian stock market, interest in investing in small and SME IPOS is rapidly increasing.

Gilts rise on fall in US yields

Prices of government bonds ended higher after a fall in US Treasury yields due to hope of sharp rate cuts in the US, dealers said.

Need to bring startups to boost green hydrogen: Min

New and Renewable Energy Minister Pralhad Joshi on Wednesday stressed on the need to bring startups into the green hydrogen sector to bring new ideas and involve youth.

Institutional investors put in ₹2,300 cr bids for GIC Re OFS

Institutional investors Wednesday put in bids worth about Rs 2,300 crore in the government's offer for sale (OFS) of GIC Re.

WB suggestion to India to join RCEP based on flawed outdated projections: GTRI

Think tank GTRI on Wednesday said that the World Bank's suggestion for India to reconsider joining RCEP (Regional Economic Comprehensive Partnership) is based on flawed assumptions and outdated projections.

'Will try to convince FinMin to raise steel import duties'

Union Steel Minister HD Kumaraswamy on Wednesday said he will try to convince the finance ministry to raise duties on steel imports to 10-12 per cent from the current 7.5 per cent.

Finmin relaxes norms for expenditure exceeding ₹500 cr to boost capex

The relaxation per- mitted is subject to strict compliance by all ministries and departments

Services sector activity hits 5-mth high in Aug

The Index rose from 60.3 in July to 60.9 in August, registering the fastest expansion since March

'India needs to rethink its approach to ships, infra to boost maritime governance'

NEW DELHI As India looks to take a more significant role in maritime governance, it it needs to rethink its approach to ships and shipping infrastructure and transform the way it invests, builds and utilises the maritime resources and capabilities, said Sanjeev Sanyal, member of Prime Minister's Economic Advisory Council.

People rescued from flood- affected areas

The Godawari River has been overflowing for the past two days as the water from the Vishnupuri Dam is released through 14 gates.

₹690cr approved for Nashik Medical College by Pawar

Deputy Chief Minister Ajit Pawar has approved a revised estimate of 690 crore for the construction of the new medical college of the Maharashtra University of Health Sciences (MUHS) in Nashik.

No flood-affected person should be deprived of relief: Abdul Sattar

The incessant rain has lashed the entire district for the past two days and rivers, lakes and nullahas were overflowed.

Seniority dispute resolved by SC

The seniority dispute of the state's deputy district collector category has been disposed of by the Supreme Court on Monday.

Swami appeals for peace & harmony

\"The Ganesh Utsav and the Jarjari Baksh Urs Mahaotsav at Khuldabad are coming in the next few days.

Khelo India to provide strong platform: MoS Raksha Khadse

KIRTI | The Minister urged local industrialists to support athletes by offering training and facilities through CSR funds and also promised GoI support

Draupadi Murmu inaugurates Vishwashanti Buddha Vihar

MONUMENT UNVEILED | During the ceremony she conducted the Chivardan ceremony by gifting robes to monks

SGPC objects to Golden Temple replica pandal in Pune

The Shiromani Gurdwara Parbandhak Committee (SGPC) has taken objection to the construction of a pandal replicating the Golden Temple for Ganpati Utsav in the Camp area of Pune and termed it an act of inciting Sikh sentiments.