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ET Roundtable I EAM Jaishankar counters Biden's 'India Xenophobic' remarks
'India is proud of its Panchayati Raj system': Indian Ambassador Ruchira Kamboj
US colleges invite discussion to end campus protests
India new land of rising sun for auto exports
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.
NIIF-owned Ayana Renewable Power gets high five from bidders
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.
Non-compete agreement: Godrej vs Godrej a no-no even in realty business
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.
Real Estate Fraud: Hyderabad CCS Arrests VBJ Capstone Builders Pvt Ltd Owner
Hyderabad: The Hyderabad Central Crime Station (CCS) police on Friday arrested VBJ Capstone Builders Pvt Ltd owners Kandula Venkata Prasad Gupta and his wife Anuradha for cheating a customer in a real estate deal. The police were acting on a complaint from Mopidevi Mahalakshmi of Lakeview Residency, Sainikpuri, alleging that VBJ Capstone Builders sold a plot at a lower price at Laxmi Nagar Colony Welfare Society in Kapra village but gave her fabricated ownership papers. The accused collected Rs.12.35 crore from the victim since 2019. During investigation, police found that the couple had collected money from more than 15 victims.
FSSAI allows 10 times more pesticide residue in herbs, spices
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.
A bipolar contest in Gujarat's Banaskantha
Sony, Apollo express interest in buying Paramount
A one-sided contest now in Amethi: Smriti Irani
Rahul's Raebareli move sparks debate within Cong
India imposes 40% export duty on onions from May 4
Indias Rabi onion production is expected to drop by 18% in 2023-24, a significant concern given that Rabi onions account for 72-75% of the countrys yearly output
Can Pralhad pull off another win against upbeat Cong?
7 Adani cos have received Sebi show cause notices
Seven out of the 10 listed firms of Adani group have received show cause notices from the Securities and Exchange Board of India (Sebi) for alleged violation of related party transactions and non-compliance with listing regulations, the companies said in their regulatory filings to the stock exchanges. While group's flagship Adani Enterprises Ltd, renewable energy firm Adani Green Energy Ltd (AGEL) and city gas distributor Adani Total Gas Ltd said Sebi sent notices of their parent or holding company controlled by conglomerate's chairman Gautam Adani, ports company Adani Ports and Special Economic Zone, Adani Power, electricity transmission firm Adani Energy Solutions, and commodities firm Adani Wilmar said they have received Sebi notices.
Will win all Chhattisgarh seats: Vishnu Deo Sai
Positive growth in 2-wheeler and tractor sales shows growth momentum in Indian economy
India imposes export duty of 40% on onions
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 Orders 'Sheriff Country' spinoff series Premiere date revealed
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 issues draft guidelines on infrastructure finance
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.
An AI-powered fighter jet took the Air Force''s leader for a historic ride
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.
Tollywood star Dev Adhikari's helicopter catches fire, 'Challenge' actor escapes unscathed
West Bengal Chief Minister Mamata Banerjee telephoned Dev and enquired about the situation.
Maldives reviews withdrawal of military personnel
Panchayat To Come Back With A 3rd Season! Heres What You Need To Know
'Post June 4, Kharge will start Cong Dhundo yatra'
This is the first time ICAI has gone public about the recent disciplinary actions
Microfinance Interventions and Their Impact on Womens Empowerment and in Developing Countries
What is Microfinance? Microfinance is a financial service that provides small loans, savings accounts, insurance, and other financial products to individuals who typically lack access to traditional banking services. It targets low-income individuals, particularly in rural and underserved areas, who may not have collateral or a credit history to qualify for loans from commercial banks. Continue reading Microfinance Interventions and Their Impact on Womens Empowerment and in Developing Countries
Indias summer crops coverage rises 7.5%, exceeds normal level by 5 lakh hectares
Pulses area gains 4.3 per cent as higher coverage of moong has been reported this year
Go First: Nosedive into insolvency and the turbulent path to recovery
Go Firsts descent into insolvency underscores the fragility of the aviation sector in times of crisis
RBI releases draft framework for lenders project financing in infrastructure and real estate sectors
Projects financed under consortium arrangements, where the aggregate exposure of the participant lenders is up to 1,500 crores, no individual lender can have an exposure which is less than 10 per cent of the aggregate exposure even
Rohith Vemula not a Dalit: Police in report
Jeff Daniels plays real estate mogul. Is 'A Man in Full' a political satire of Donald Trump?
'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.
Bhutans Tourism Dilemma: Balancing Economy and Sustainability
Bhutan has long artificially capped tourism to prevent adverse impacts on the environment. With the economy suffering, is it time for a change?
Higher temperatures, scanty pre-monsoon rains may take a toll on South Indian plantation crops
Impacts production of key commodities such as tea, coffee, rubber and cardamom
Early filing can help taxpayers get refunds sooner. Additionally, it gives them more time to revise or correct returns without penalty, say experts.
Prajwal Revanna raped me at gunpoint and made videos, alleges JD(S) worker
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.
AI-powered kit to assess crop health instantaneously
The device developed in Icrisat will act as a catalyst for production of nutrient-dense crops, both in breeding programmes and in farmers fields
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.
Forex reserves drop $2.41 bn to $637.92 bn
India's forex reserves dropped $2.412 billion to $637.922 billion as on April 26, in the third consecutive weekly decline in the reserves, the Reserve Bank of India (RBI) said on Friday. In the previous reporting week, the overall reserves had declined $2.28 billion to $640.33 billion. For the week ended April 5, the reserves had hit an all-time high of $648.562 billion following multiple weeks of increases.
Uzbekistan positions itself as a regional investment hub
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.
Sebi announces new rules for onboarding of clients by portfolio managers an explainer
Before onboarding, a portfolio manager and the client will enter into a written agreement that clearly defines the relationship and sets out their mutual rights.
Sensex tumbles 733 points amid broad-based selloff
From the Sensex basket, Larsen and Toubro, Maruti, Reliance Industries, Nestle, Bharti Airtel, UltraTech Cement, Kotak Mahindra Bank and JSW Steel were among the major laggards. Bajaj Finance climbed nearly 1 per cent higher.
FM Sitharaman refutes reports of income tax changes after Lok Sabha election results
Finance Minister Nirmala Sitharaman has refuted media reports that said the new government will bring some sweeping changes in the income tax system after the Lok Sabha election results.
Best Agrolife to introduce rice herbicide formulation Orisulam
The BAL group has been granted 9(3) Formulation Indigenous Manufacture (FIM) registration from CIB&RC for its patented formulation Bispyribac Sodium 0.25 per cent plus Penoxsulam 0.25 per cent and Pyrazosulfuron Ethyl 0.20 per cent GR
Square Yards breaches Rs 1,000 Cr revenue in FY24, turns EBITDA profitable in Q4
Proptech firm Square Yards has crossed the 1,000 crore revenue mark during the fiscal year ending in March 2024, according to the companys provisional financial statement reviewed by Entrackr. The Gurugram-based company saw around 50% growth in its total revenue in FY24 to Rs 1,000 crore from Rs 663 crore in FY23. The operating revenue Continue reading Square Yards breaches Rs 1,000 Cr revenue in FY24, turns EBITDA profitable in Q4 The post Square Yards breaches Rs 1,000 Cr revenue in FY24, turns EBITDA profitable in Q4 appeared first on Entrackr .
Vande Metro first look out! Vande metro route, timings, launch date, speed, features
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.'
Raymond's board approves demerger of engineering biz for its foray into aerospace, defence, EV
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.
Byju's may pay April salary to employees this week
Cash-strapped edtech firm Byju's is likely to pay its employees the April salaries this week, according to sources. The company is grappling with the issue of delays in paying salaries to employees. There has been a delay in salary. It is expected to be now paid sometime this week, said a person.
India's IPO market set to break May jinx
'Sell in May, go away' is a popular market adage. But 'Don't sell any new shares in May' is the best kept secret of Dalal Street that's set to break. Sample this: the last four General Election election cycles starting 2004 have not seen a single initial public offering (IPO) launch during the month of May.
Vaani Kapoor teams up with Aparshakti Khurrana and Paresh Rawal for 'Badtameez Gill'
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.
Biden administration says 1 lakh new migrants are expected to enroll in 'Obamacare' next year
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.
UAE, Iran to boost cooperation in new economy sectors
Bin Touq noted that the UAE-Iran economic partnership continues to grow across various fields, serving as one of the key pillars supporting the bilateral tiesreports Asian Lite News The first... The post UAE, Iran to boost cooperation in new economy sectors first appeared on Asian Lite USA .
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.
Decoding bowlers with best economy rates in T20 WCs
West Indies and USA will co-host the 2024 ICC T20 World Cup.
Want Extra Income? 5 Side Hustle Ideas From 'Rich Dad Poor Dad' Author Robert Kiyosaki
Want Extra Income? 5 Side Hustle Ideas From 'Rich Dad Poor Dad' Author Robert Kiyosaki
Coforge CEO: Cigniti to be EPS accretive from Day 1
CCIs March 15 order suffers from perversity, contradicts its own strong findings of the Prima Facie order against Google, Startups tell NCLAT
Cutting exposure to capital goods: Devina Mehra
Axis Bank re-rating to continue on steady NIMs
Re-rating of Axis Bank's stock may continue in the near-future, believe analysts, as the risk-reward on the stock remains favourable amid healthy financials. The bullish stance comes after the Mumbai-based lender delivered a strong outperformance in the March quarter of fiscal year 2023-24 (Q4FY24) on core pre-provision profit and net profit, with improving asset quality. Axis Bank's net interest margin (NIM) expanded, against expectations, even in a tough market.
Spices Board mandates ETO testing for spice exports to Singapore, Hong Kong from May 6
MRL for ETO in spices in Singapore is 50 ppm; HK has zero tolerance
Buy mix of consumer stocks for 6-12 mths: Sabharwal
Indias renewable energy sector achieves nearly 95% of FY24 bidding target
The tenders included vanilla solar and wind, as well as innovative procurement formats, and tenders with storage components
Pravis acquires stake in adtech gaming platform StreamO
Growth marketing firm Pravis, founded by former co-founders of Momspresso, has acquired a significant stake in adtech gaming platform StreamO. This venture is set to explore the substantial business potential of the rapidly growing gaming sector, particularly in the GenZ demographic. The new partnership with Pravis promises to strengthen StreamOs leadership in connecting brands with Continue reading Pravis acquires stake in adtech gaming platform StreamO The post Pravis acquires stake in adtech gaming platform StreamO appeared first on Entrackr .
Why stock exchanges are eyeing index derivatives
Stock exchanges are expanding the buffet of index derivatives even as the number of stocks permitted to trade in this space, generating an average daily turnover of Rs 450 trillion, is shrinking. This week, the National Stock Exchange (NSE) started issuing futures and options (F and O) contracts based on the Nifty Next 50 Index, bringing the total count of index derivatives to five.
Gradual volume recovery, valuations to support HUL
Hindustan Unilever's (HUL's) performance for the quarter ended March 2023 (Q4FY24) was in line with modest consensus expectations. Net revenue was up 1 per cent year-on-year (Y-o-Y) with 2 per cent volume growth. Home care maintained single-digit volume growth Y-o-Y.
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.
Sanjaya Kumar Mishra to head GST Appellate Tribunal
With 31 benches in major cities across India, GSTAT is envisioned as a specialised body to handle disputes related to GST, providing a timely and efficient resolution mechanism
Bharat In The World Economy Its Rise After A Thousand Years Of Decline
Bharats nominal GDP is set to hit USD 4 trillion in 2024-25. With Japans economy now valued at USD 4.1 trillion reflecting a sharply weaker JPY India is now tantalisingly close to becoming the worlds fourth-largest economy in dollar terms within a year. Germanys nominal GDP is valued at USD 4.6 trillion and Continue reading Bharat In The World Economy Its Rise After A Thousand Years Of Decline The post Bharat In The World Economy Its Rise After A Thousand Years Of Decline appeared first on OurVoice | WeRIndia - Analysis & Opinion .
CitiusTechs revenue crosses Rs 3,500 Cr in FY23; profit tanks 85%
B2B health tech platform CitiusTech has grown steadily over the past few fiscal years. The company recently claimed that it clocked $500 million revenue during FY24 which seems plausible considering its FY23 numbers. CitiusTechs revenue from operations grew 40% to Rs 3,499 crore in FY23 from Rs 2,499 in FY22, its consolidated financial statements filed Continue reading CitiusTechs revenue crosses Rs 3,500 Cr in FY23; profit tanks 85% The post CitiusTechs revenue crosses Rs 3,500 Cr in FY23; profit tanks 85% appeared first on Entrackr .
'Once In A Lifetime Opportunity To...'
'We see mid-and small-caps as a real pot of gold.' 'From a 10-15 years perspective, mid-and small-cap are likely to outperform the larger index, as they have done in the past.'
What are the effects of credit counselling on your CIBIL score?
Credit counselling entails a number of sessions where you receive guidance on managing your finances, creating a budget, and developing strategies to repay debt. Putting this advice in practice can lead to better financial habits, which may eventually improve your credit score.
Balance transfer: How does it help improve your CIBIL score?
Balance transfer can be a useful tool to manage debt and improve your credit score. It should not be seen as a quick fix since improving your credit score takes time and regular financial management habits.
Bidens take on Indias economy is both bizarre and bothersome
On the campaign trail, the US President said xenophobia was responsible for stalling economic growth in India, China and Japan. His comment is puzzling, especially in India, which has the worlds fastest-growing major economy and prides itself on inclusivity.
'For smaller merchants, there should be a process that is digital and a minimum KYC journey should be allowed.'
Why did Karan Johar threaten to 'Disinherit' son Yash? Check viral video
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.
Can I get a personal loan to pay off student loans? MintGenie explains
Although using a personal loan to settle your student loans may seem feasible, many lenders might reject your application if they discover that the loan will be utilized for this specific purpose.
Looking to buy Kotak on further dip: Sandip Sabharwal
There will be two Fed rate cuts, in Sept & Q4: UBS
Co-operatives should look at export of 4 crops value-added at farm level, says storage expert
Potato, tomato, corn and groundnut can benefit from such initiatives, says Munishwar Vasudev
'Taarak Mehta' actor Gurucharan Singh's disappearance: New details emerge. Was it all planned?
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.
Oil steadies, heads for weekly drop on U.S. economy worries
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.
PSBs plan to set up 'green cells' for climate funding
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.
SRH beat Rajasthan Royals by just one run
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 in their Indian Premier League (IPL) match at Hyderabad on Thursday.The Hyderabad team posted a formidable score of 201, thanks to Travis Head's 58, Nitish Kumar Reddy's unbeaten 76, and Heinrich Klaasen's unbeaten 42.The RR team got off to a bad start with Jos Buttler falling for a duck. Sanju Samson also couldn't open his account. However, opener Yashasvi Jaiswal's 67 off 40 balls and Riyan Parag's 77 off 49 balls brought the Royals very close to the target. Rovman Powell's 27 off 15 balls almost ensured another victory for the 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.
Coal India posts 26% rise in profit on higher supplies
Coal behemoth CIL on Thursday reported a 26.2 per cent rise in consolidated net profit to Rs 8,682.20 crore for the March quarter on the back higher supplies of the dry fuel. The company's consolidated net profit stood at Rs 6,875.07 crore in the year-ago period, Coal India Ltd (CIL) said in a regulatory filing. Its consolidated income in the January-March period declined to Rs 39,654.50 crore from Rs 40,371.51 crore a year ago.
What does new remittance, export data mean for economy?
The fall in exports in April led to a slowdown in overall exports, which hit 3.93 percent in the ten months since July, the first month of the current fiscal year, compared to 4.39 percent in the July-March period of the same fiscal.
