Economy / The Economic Times
India's auto industry attracts global players like Honda and Suzuki for exports, with a focus on quality and cost efficiency. The country's emergence as a key manufacturing hub reflects its appeal to major auto manufacturers.
The bids were submitted after allowing time to the suitors to conduct a limited due diligence that included access to some data and confidential financial information. As the next step, NIIF will communicate a shortlist of suitors over the next few weeks after which two or at best three will be allowed to conduct detailed due diligence, according to the sources.
Godrej Properties, which is part of GIG, will have the right to use the brand for real estate development. GEG entity Godrej & Boyce will use the brand for any development on land parcels it owned on January 1 and it will not undertake any development outside of those holdings.
India dilutes pesticide norms for herbs and spices, raising MRL to 0.1mg/kg. Activists fear harm to exports. Concerns include health risks, cumulative pesticide effects, and harm from unknown pesticides on imports.
Kolkata Knight Riders' bowlers rose to the occasion and defended a modest total en route to a 24-run win over Kolkata Knight Riders in an Indian Premier League match on Friday. Incidentally, it was KKR's first win over MI in Mumbai after 12 years. Opting to bowl, Jasprit Bumrah (3/18) was at his best as MI bowled out KKR for a modest 169. Sri Lankan medium pacer Nuwan Thushara (3/42) blew the top-order while Bumrah was menacing at the back end with skipper Hardik Pandya (2/44) also getting a cou
Currently, the export of onion is banned. However, the government allows shipments to India's friendly nations. It has permitted a specified quantity of onion exports to UAE and Bangladesh.
CBS' choice to move forward with a Fire Country spinoff doesn't come as a shock, considering the drama's status as the most-watched new broadcast series last season, with an average of 8 million viewers per episode, totaling 10 million in live+35 multi-platform viewing.
NGT asks KSCA for water source details in M Chinnaswamy stadium for IPL amid state water crisis. BWSSB permits treated water supply. Approval for 64,000 liters treated water daily for non-drinking use.
RBI introduces rules to enhance infrastructure funding and risk management through project lending guidelines, covering aspects like consortium lending, moratorium limits, and NPV requirements for lenders. The RBI also proposed that the original or revised repayment tenor, including the moratorium period, if any, should not exceed 85% of the economic life of the project.
Air Force Secretary Frank Kendall flew in an AI-controlled F-16 jet, showcasing its combat potential. The AI's performance at Edwards Air Force Base impressed Kendall, leading to his confidence in entrusting it with weapon-launching decisions.
A man's nose was cut off by his wife's family due to a love marriage, leading to hospitalization. The assault occurred on Pali-Jodhpur highway in Rajasthan, prompting legal action against several individuals.
West Bengal Chief Minister Mamata Banerjee telephoned Dev and enquired about the situation.
'A Man in Full' is a political satire about former US President Donald Trump. The protagonist a real estate mogul, Charlie Croker, is a better man than Trump and the series is the tale of a man who has built most of his overvalued empire on confidence.
CID investigates rape case against Prajwal Revanna, facing sexual abuse allegations. SIT probes amid explicit video circulation, escalating risks for NDA-JD(S) alliance and legal repercussions.
The Delhi police arrested Arun Reddy in connection with the 'deepfake morphed video' case involving Union Home Minister Amit Shah. Reddy managed the 'Spirit of Congress' account on social media platform X. The alleged fake video depicted Shah expressing opposition to reservations, a claim refuted by the BJP. Earlier, summonses were issued to Telangana Chief Minister A Revanth Reddy and four Telangana Pradesh Congress Committee (TPCC) members.
Nadda criticizes Congress's stagnant agenda, praises PM Modi's leadership for shifting focus to development. Highlights Chandrayaan-3 success and India's global presence under Modi's governance.
Uzbekistan positions itself as a regional investment hub amid reforms and a focus on the market economy, attracting foreign investments, including from India. The Third Tashkent International Investment Forum, held on May 2-3, aimed to boost investments. President Shavkat Mirziyoyev participated, along with representatives from various countries. The forum has become a platform for bilateral and multilateral investment cooperation.
Vande Metro train: The Rail Coach Factory in Kapurthala, Punjab, rolled out the first Vande Bharat Metro, a short-distance version of the Vande Bharat Express trains revealing its first look.
Anushka Sharma celebrated her 36th birthday with a cozy dinner alongside husband Virat Kohli and close friends at Lupa Bengaluru. This marked her first public appearance since the birth of their son, Akaay. Virat's heartfelt tribute and the warm camaraderie captured during the celebration highlighted the couple's deep bond. Meanwhile, Anushka has been gearing up for her comeback in cinema with 'Chakda Xpress.'
The boards of Raymond's various subsidiaries have approved a demerger of its engineering business to allow it to expand into sunrise sectors like aerospace, defense, and electric vehicle components. The merger will consolidate Raymond's engineering and MPPL businesses, aiming for profitable growth and segregation.
Bollywood actress Vaani Kapoor is set to star in the upcoming dramedy film Badtameez Gill directed by Navjot Gulati. The movie revolves around a modern-day girl and her family, with the story spanning locations in Bareilly and London. Kapoor will be joined by Aparshakti Khurrana playing her brother and Paresh Rawal as her father.
The Biden administration has released a directive allowing approximately 100,000 children of US immigrants to enroll in the Affordable Care Act's health insurance next year. The move falls short of Biden's initial proposal to allow these migrants to sign up for Medicaid. However, it will allow thousands of migrants to access tax breaks when they sign up for coverage.
In an election rally in Gujarat's Dahod, Nadda said several INDIA bloc leaders are either in jail or on bail, and called the grouping an alliance of dynastic parties and corrupt people.
Britney Spears and Sam Asghari have officially divorced after nearly two years of marriage. The dissolution was finalized by a Los Angeles County judge following a settlement reached by the couple. They cited irreconcilable differences, and neither will receive spousal support. The divorce marks the end of a relationship that began seven years ago and culminated in a wedding celebrated by celebrities.
Want Extra Income? 5 Side Hustle Ideas From 'Rich Dad Poor Dad' Author Robert Kiyosaki
India and Nigeria are ramping up cooperation in several key areas to bolster economic ties. During a recent visit by an Indian delegation to Nigeria, both countries discussed increasing collaboration in sectors such as crude oil, natural gas, pharmaceuticals, Unified Payments Interface (UPI), local currency settlement systems, and the power sector. Led by Amardeep Singh Bhatia, the delegation included officials from the Reserve Bank of India (RBI), EXIM Bank of India, and the National Payments C
World Press Freedom Day on May 3 highlights the importance of press freedom, established in 1993 by the UN General Assembly. It marks the sacrifices of journalists like Jagendra Singh, Rajdeo Ranjan, Tarun Mishra, and Gauri Lankesh in India. Globally, journalists like Guillermo Cano Isaza, Daniel Pearl, Marie Colvin, Daphne Caruana Galizia, James Wright Foley, and Anna Stepanovna Politkovskaya faced tragic ends while reporting.
The brighter outlook indicates the world economy looks to avoid entering a stagflationary rut a period of sluggish growth and rising unemployment mixed with elevated inflation
Karan Johar's recent viral video, featuring a playful exchange with his children Yash and Roohi, sparked amusement and surprise among fans and celebrities. In the video, Karan jokingly asked about birthday gifts, receiving a loving response from Roohi but a cheeky retort from Yash, leading to Karan's playful declaration of disinheriting Yash. The video garnered social media attention, with comments from industry peers like Farah Khan and Vishal Dadlani.
Gurucharan Singh has been missing for nearly two weeks, with suspicions arising that he may have planned his own disappearance. The Delhi Police are actively investigating the case, which began on April 22 when Gurucharan was expected to fly from Delhi to Mumbai but never did. His phone was left in Delhi, complicating search efforts. Industry friends and colleagues express concern, and authorities are working to uncover the truth behind his absence.
Brent crude futures for July rose 16 cents to $83.83 a barrel by 0008 GMT. U.S. West Texas Intermediate crude for June was up 19 cents to $79.14 per barrel.
State-run banks to introduce 'green cells' for ESG risk assessment and green fund management under EASE 7.0. RBI emphasizes 2.5% GDP green financing. SBI chairman pushes for incentives and CRR relaxation in regulatory policies.
Sunrisers Hyderabad snatched victory from the jaws of Rajasthan Royals on Thursday, winning by just one run. At the brink of defeat, SRH secured the victory on the very last ball, handing the table-toppers their second defeat in the tournament.The victory came on the last ball of the match, when Bhuvneshwar Kumar trapped Rovman Powell in front of the stumps, denying the Royals the one run needed to draw the match.Earlier, skipper Pat Cummins won the toss and opted to bat against Rajasthan Royals
Airbnb in India saw a 30% increase in bookings in 2023, emphasizing unique stays. Nathan Blecharczyk highlighted collaborations to boost local tourism, targeting millennials and Gen Z. The company reported $2.2 billion revenue in Q4 2023.