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EV sales to accelerate with more products slated to come in 18-20 months: Mercedes-Benz India chief
As India gears up for a sustainable future, Mercedes-Benz is stepping up its game in the electric vehicle sector. The luxury car brand is all set to roll out an exciting array of new EV models over the next 18 to 20 months, aiming to bolster its electric offerings across different segments.
Telangana Govt to take over Hyderabad Metro rail, clears share purchase pact
Order also clears 13,651 crore IRFC loan and staff transition measures for Hyderabad Metro takeover
Infra projects see cost overrun of Rs 5.61 lakh crore in March
As of March 2026, the landscape of central sector infrastructure is marked by significant challenges, with projects exceeding Rs 150 crore collectively suffering a cost overrun of Rs 5.61 lakh crore. The total revised budget for 1,941 ongoing projects has ballooned to Rs 41.50 lakh crore, against an expenditure of Rs 19.93 lakh crore so far.
Spirit Airlines bailout: Will over 17,000 jobs be protected or big shocking lay offs on the way?
Spirit Airlines' liquidation would eliminate more than 17,000 jobs, an expert said.
India releases second phase of Flying Training Organisation rankings
Notably, the ministry said the data-driven framework enables objective comparison and continuous monitoring of FTO performance, while improving transparency across the pilot training ecosystem.
'Maduro out by?': US soldier turns secret Venezuelan mission into $400K payday, now faces 60 years
Quote of the Day by Hugh Jackman: Nobody suddenly discovers anything. Things are made slowly and in pain Hugh Jackmans quote emphasizes that nothing meaningful in life happens instantly or by sudden discovery. Instead, every achievement, success, or breakthrough is built slowly through consistent effort, patience, struggle, and determination. The timeless quote reminds us that success is not overnight but the outcome of long-term persistence and hard work.
Telangana to procure 15 lakh tonne of maize
As maize prices fall far below MSP, State to raise Rs 4,173 cr to fund procurement
QCOM stock today: Qualcomm shares surged over 8% amid renewed optimism, boosted by strong Intel earnings and positive semiconductor industry signals. However, investors await Qualcomm's April 29 earnings report, which will reveal if momentum can be sustained despite ongoing smartphone market concerns and memory constraints.
India hikes wheat procurement target as farm-gate prices rule lower
Raises it to 345 lakh tonnes from 303 lakh tonnes, relaxes quality norms across major producing States
The timeline of engagement rumours surrounding Harry Styles and Zo Kravitz highlights how quickly their relationship appears to have progressed. The two were first linked in August 2025 after being spotted together in Rome. They were later seen in London and other cities, often maintaining a low profile while continuing to spend time together.
Raghav Chadha, others wouldn't have left AAP had it followed 'right' path: Anna Hazare
Social activist Anna Hazare commented on the departure of Raghav Chadha and six other Aam Aadmi Party Rajya Sabha members. Hazare suggested their exit indicates the party may not have followed the correct course. He believes they must have encountered difficulties within AAP. This exodus represents a significant challenge for the Aam Aadmi Party since its inception.
Trade competitiveness will depend on how industry leverages facilitation measures: CII
Speaking at a webinar here , Chairman of CII Western region Subcommittee on International Trade & Investment and MD, Continental Carriers, Vaibhav Vohra, also said that the wider adoption of such initiatives can significantly improve efficiency and reduce transaction costs.
US stock market today: Dow Jones crashes while Nasdaq surges. The Dow Jones Industrial Average falls over 150 points. It trades near 49,147. The NASDAQ Composite jumps almost 0.9%. The S&P 500 stays in green with steady gains. This move reflects a powerful tech-driven rally. Intel surges more than 25% after strong earnings. AI data center demand drives this spike. Semiconductor stocks extend weekly gains near 10%. Meanwhile, Iran tensions push oil above $100. That pressures industrial stocks. Consumer sentiment stays weak near record lows.
US consumer sentiment drops to near four-year low in April
American consumer confidence hit a near four-year low in April. This decline stems from worries about rising prices. The conflict with Iran is impacting oil and commodity costs. While gas prices saw a slight dip after a ceasefire, overall sentiment remains subdued. Consumers anticipate inflation to remain elevated over the next year and five years.
'Have seen too much, time to COME CLEAN!: Rep. Burchett drops new UFO shocker on alien life claims
I am a human, not a robot: Employees simple reply to extra work hours leaves boss speechless
A witty employee used a robot analogy to highlight the detrimental effects of excessive work hours and last-minute assignments on work-life balance. His exchange with his boss, shared by a career coach, emphasized that humans, unlike machines, require rest and personal time. The viral post resonated with many, underscoring the importance of setting boundaries for well-being.
US Justice Department drops criminal probe of Fed chair Powell, likely clearing way for Warsh
In a decisive turn of events, the Justice Department has finalized its investigation into Jerome Powell, head of the Federal Reserve. This development significantly smooths the way for the Senate to swiftly confirm Kevin Warsh as his successor. The investigation delved into extensive renovations at the Fed but concluded without any findings of criminal behavior.
Travel agents demand transparency on airline surcharges, prompt refunds
WTAAA demands clear disclosure, prompt refunds and reasonable notice amid rising costs
RBI cancels Paytm bank license, to approach high court
The Reserve Bank of India has taken decisive action against Paytm Payments Bank by cancelling its banking licence. This means that the bank must cease all banking activities immediately. The RBI plans to approach the High Court to initiate the dissolution process due to ongoing non-compliance issues.
Crude shock, higher premiums hit Reliance O2C margins as Iran war disrupts supply chains
Reliance Industries' Oil-to-Chemicals segment faced margin pressures in the March quarter due to rising crude premiums, elevated freight, and insurance costs. Despite strong global refining margins, the company reported a 3.7% year-on-year decline in O2C EBITDA, impacted by higher fuel costs and policy interventions.
Weakening rupee helps in marginal rise in textile exports in FY26
While exports increased 2.1 per cent in Rrupee terms, they fell 2.2 per cent in Ddollar terms from $36.6 billion to $35.8 billion implying lower real earnings from global markets
Reliances retail biz storms BlinkitZepto turf as hyperlocal orders surge 4x in Q4
Reliance Industries is on a fast track in the quick commerce space, leveraging an expansive network of over 20,000 stores transformed into local fulfillment centers. This move has sparked a substantial increase in hyperlocal orders, reshaping the landscape of retail delivery across groceries, electronics, and fashion.
Kumaraswamy Claims Congress Guarantee Schemes Weaken Karnatakas Economy
Mysuru, April 24: H.D. Kumaraswamy, the Union Minister for Heavy Industries and Steel, has asserted that the Congress guarantee schemes have severely weakened Karnatakas economy, pushing the state and others towards financial crisis. After participating in temple-related events, Kumaraswamy stated that while giving women 2,000 may seem beneficial, citizens should question where the government is ... Read more Kumaraswamy Claims Congress Guarantee Schemes Weaken Karnatakas Economy
In an effort to boost the mining sector, the government is allocating a substantial Rs 5,000 crore to states that enhance the efficiency of mining block auctions and operations for the fiscal year 2026-27. This financial incentive encourages states to modernize their processes, utilize innovative technologies, and integrate with the national mining portal.
SpaceX IPO 2026 is set to redefine markets. A projected $1.75 trillion valuation is already shaking Wall Street. The SpaceX S-1 filing is expected soon. Likely between late April and mid-May 2026. This document will reveal full financials. Revenue. Profit margins. Starlink growth. Debt exposure. Early reports hint at $75 billion fundraising. Over 10 million Starlink users globally. Strong cash flow but rising risks. A $20 billion loan adds pressure. Elon Musk is expected to retain control. The SpaceX IPO date is likely June 2026. Investors are watching closely. This could become the biggest IPO in history.
Reliance Jio's ARPU rises to Rs 214 as subscriber base crosses 52.4 crore in Q4FY26
Reliance Jio reported a rise in ARPU to 214 in Q4 FY26, with its subscriber base exceeding 524 million. The company's 5G adoption surged, reaching 268 million users, and its fixed broadband business gained significant market share. Enhanced services and new bundled packs are expected to drive continued growth.
President of UNGA's 80th session to visit India on Apr 28
Annalena Baerbock, President of the 80th session of the UN General Assembly, will visit India on April 28. She will meet External Affairs Minister S Jaishankar to discuss key multilateral issues. Baerbock will also pay homage to Mahatma Gandhi at Rajghat. An interactive session on artificial intelligence governance and regulation with the Ministry of Electronics and IT is also planned.
Reliance Industries Limited saw its net profit fall 12.6 percent in the March quarter. This was due to challenges in its oil-to-chemicals segment. However, its consumer businesses like Jio Platforms and Reliance Retail performed well. For the full year, Reliance achieved record profits and revenue. The company announced a dividend of Rs 6 per share for FY26.
What time does NFL draft start today: The 49ers and Bills traded out of the first round, joining the Falcons, Bengals, Packers, Broncos, Jaguars and Colts on the sideline.
India's wheat output likely at 110-120 mn ton in 2025-26 amid weather damage, says Food Secy
India's wheat output for the 2025-26 crop year is expected to be between 110 and 120 million tonnes. Unseasonal rains and hailstorms have impacted crops in key growing states. The government has increased its wheat procurement target to 34.5 million tonnes. Exports are permitted but facing slow shipments. A new open market sale scheme policy is planned soon.
IGC pares global grain output projections for 2026-27 by 3 million tonnes
Concerns over fertiliser affordability, usage due to war in West Asia weighs on the production estimates
Chinese proverb of the day: Life often presents difficult choices where you cannot have everything you desire. A Chinese proverb, 'One cannot have both the fish and the bears paw,' highlights the necessity of prioritizing. Accepting these trade-offs allows for greater focus on what truly matters and leads to a stronger sense of purpose.
US stock market concentration risk hits extreme levels: AI stocks now dominate S&P 500 market cap at a record 45% level in 2026, reflecting a historic shift in US equity markets. Since the launch of ChatGPT, AI-linked companies have surged from nearly 25% to 45% of the index, driven by strong demand for AI chips, cloud computing, and hyperscaler growth. This rise shows how AI stocks dominate S&P 500 market cap as Microsoft, Nvidia, Amazon, Alphabet, and Meta lead earnings expansion across Wall Street. At the same time, AI-linked investment-grade debt has climbed to $1.4 trillion, now representing 15.4% of the US credit market, highlighting deep financial exposure.
Are you affected? Millions could lose social media access under new rules this summer
Millions of Americans could soon face social media bans. California is moving to prohibit children under 16 from using platforms like TikTok and Instagram. This legislation targets features deemed addictive. Other states, including Massachusetts, are exploring similar measures. Former President Donald Trump has also shown interest in a national ban.
Americans misunderstand RSS, India: Dattatreya Hosabale rejects Hindu supremacy tag in US
RBI imposes penalty on Bandhan Bank, Muthoot Housing Finance Company
While imposing a penalty on Bandhan Bank, the RBI said the bank failed to carry out periodic review of risk categorisation of certain categories of accounts, and had sanctioned director-related loans.
Rice lobby wants EU to impose safeguard mechanisms to save farmers
imports from Cambodia, Myanmar, India, and Thailand have placed sustained pressure on EU producers, says Copa-Cogeca
Court extends detention of aviation official, Reliance exec in bribery case
Two are accused of agreeing to $16,000 bribe to clear drone import applications by Asteria Aerospace
Aim for 100% ethanol blending: Nitin Gadkari cites West Asia crisis for energy self-reliance
J.P. Morgan upgrades Taiwan, tech to overweight; cuts India to neutral amid AI surge and stagflation
India downgrade reflects five headwinds, including stretched valuations and IMD forecast for below-normal monsoon
Affirmations wont remove every nerve. But they will remind you of something important: you are capable of this moment. So when the time comes, take a breath. Trust your feelings. And speak from the place that brought you here.
Israel PM Benjamin Netanyahu cancer treatment: 76-year-old Prime Minister underwent surgery at medical center in Jerusalem.
During a vibrant Indian wedding procession, a groom halted his baraat to assist a stranger whose motorbike had broken down. The man was struggling to get his ailing mother to the hospital. The groom, in his wedding attire, selflessly fixed the bike, earning widespread praise for his remarkable compassion and humanity amidst his own joyous celebration.
Platinum vs palladium: Which metal could deliver bigger returns right now?
Platinum vs palladium investment guide 2026: Both these metals, crucial for industrial and clean-energy sectors, are driven by supply disruptions and manufacturing trends rather than safe-haven demand. Palladium exhibits higher volatility due to its reliance on gasoline engines, while platinum offers a more balanced demand profile with broader applications, making them tactical investment plays.
'Ops preparation TRIPLED UP': Trump orders direct action as Hormuz crisis explodes | Iran War
India procures spot LPG cargoes from the US as West Asian supplies still under cloud
OMCs already have a long-term contract with the US. As MEG supplies remain uncertain, they have turned to the US, says a source
Iran's Foreign Minister Abbas Araghchi set to travel to Pakistan for talks on ceasefire with US
Iran's Foreign Minister Abbas Araghchi is visiting Pakistan for talks on regional developments and a ceasefire. Pakistan is mediating between Iran and the United States for renewed negotiations. The ongoing conflict has disrupted vital energy shipments through the Strait of Hormuz. The United States has extended a waiver for oil transport, impacting global prices.
From marble to door handles: How ultra-luxury housing is reshaping Indias hardware industry
India's ultra-luxury housing boom is elevating building hardware from a functional necessity to a critical design element. Developers and homeowners now demand sophisticated craftsmanship and global quality standards, pushing manufacturers towards better processes and tighter quality control. Architects are increasingly leading hardware selection, driving a gradual shift towards more organized players and international collaborations.
Actis picks Standard Chartered to kick off $2 billion sale of BluPine
Actis is selling its Indian renewable energy firm BluPine Energy. The company has a capacity of 4 gigawatts. Standard Chartered Bank is advising on the sale. The price tag is $2 billion. This follows Actis's previous successful sales of renewable energy platforms in India. Deal activity in the sector remains steady as investors seek exits.
LIVE | Hegseth, Caine make big Iran announcement as Trump announces ceasefire extension
Trump is extending Jones Act waiver for 90 days
Trump first announced a 60-day waiver in mid-March, and the move has been seen as helping to stabilise energy prices
'IRGC acting like PIRATES!': Hegseth claims 'total control' over Hormuz as Iran crisis explodes
Investing after 45: 5 smart ways to balance safety, growth and retirement planning
Investing at 45 demands a smart balance between safety and growth, combining equities, insurance, and disciplined asset allocation to beat inflation and secure a stable, comfortable retirement future.
Noida International Airport appoints Nitu Samra as interim CEO
Christoph Schnellmann, a Swiss national who led Noida International Airport as its CEO since August 2020, will join the airport's Board of Directors as Executive Vice Chairman
California oil and jet fuel supply crisis is intensifying fast. Jet fuel prices have surged near $15 per gallon. Gasoline has climbed to $5.85 statewide. Supply is shrinking sharply. Inventories have dropped over 25% to multi-year lows. Refining capacity has fallen nearly 20% after major closures. This is not a normal price spike. It is a structural supply shock. California depends heavily on imports from Asia. Global disruptions linked to Middle East tensions are tightening flows. Imports are slower and more expensive. Airlines are cutting routes and raising fares. The California oil and jet fuel supply crisis now raises a critical question. How soon can supply stabilize and prices cool?
Govt misses FY26 highway construction target due to delay in land acquisition
National highway construction in the last fiscal year reached 9,380 km, falling short of the 10,000 km target. This marks the slowest pace since 2017-18. Delays in land acquisition and securing clearances contributed to the shortfall. The pace of awarding new highway projects also saw a significant decline.
India to introduce barrier-free tolling using FASTag, AI cameras by December: Gadkari
India is set to introduce seamless, barrier-free tolling on national highways by December. This advanced system will use technologies like ANPR and FASTag for automatic toll collection. Vehicles will not need to stop at toll plazas. This initiative aims to significantly reduce logistics costs, bringing them closer to global benchmarks.
Gold investments in India include physical gold, ETFs, SGBs, and digital gold, each differing in taxation and structure. Here's how each asset is taxed in India.
N. Chandrababu Naidu | Business Reformer of The Year | ET Awards for Corporate Excellence 2025
Kajol shared her insights on Gen Z's information overload and their struggle with decision-making due to constant social media bombardment. She also revealed a key parenting hack for her bond with daughter Nysa: the importance of listening and giving her daughter space to be heard, which significantly improved their relationship.
Will not allow construction of Babri Masjid in Bengal as long as one BJP worker alive: Amit Shah
Union Home Minister Amit Shah declared that the BJP will prevent the construction of a Babri Masjid in West Bengal as long as a single party worker remains alive. He accused Mamata Banerjee of permitting a mosque modeled on the Babri Masjid in Murshidabad, vowing to identify and jail infiltrators after May 5.
Seven Aam Aadmi Party Rajya Sabha MPs have resigned and joined the Bharatiya Janata Party. Raghav Chadha is among them. His financial assets are modest, estimated under Rs 50 lakh. In contrast, his wife, actor Parineeti Chopra, has a net worth of approximately Rs 74 crore. Their combined wealth is substantial, largely due to Chopra's earnings from films and endorsements.
Assisted suicide, which is legal in parts of U.S., set to fall in England, Wales. Here's why
Terminally Ill Adults (End of Life) Bill was passed by the House of Commons last June, the U.K.'s revising chamber, the House of Lords, has effectively talked it out since then.
US-Iran peace talks could resume in Pakistan; Iran's foreign minister due, say sources
Peace talks between Iran and the United States may resume in Pakistan, with Iranian Foreign Minister Abbas Araghchi expected to arrive Friday night. Pakistani government sources indicate a U.S. logistics and security team is already in place for potential discussions. This follows a previous round of talks that were postponed.
DDA plans five multi-level parking facilities across Delhi
Delhi Development Authority will build five new multi-level car parking facilities. These will be located in Karkardooma, Okhla Industrial Area Phase-I, Dilshad Garden, Dwarka, and Saini Enclave. The projects aim to reduce street parking issues and improve traffic flow. Commercial spaces will also be part of these developments. All five facilities are expected to be ready within three years.
Nvidia, the graphics chip giant that has dominated the AI boom, has also sensed the shift and braced for greater competition. Rival AMD and Arm also gained more than 7 per cent each on growing conviction that inference
BMW F 450 GS launched in India from Rs 4.70 lakh
BMW Motorrad India has introduced the F 450 GS adventure motorcycle. Prices begin at Rs 4.70 lakh. Bookings are open now, with deliveries commencing in June 2026. The motorcycle will be manufactured in India. It features a new twin-cylinder engine and signature GS design elements. Key features include multiple riding modes and a TFT display.
Health insurance in India plays a crucial role in financial protection, as rising health care costs and the risk of claim rejections make clarity on coverage, exclusions, and the claim settlement ratio essential for better decision-making.
CUET PG Result 2026 is expected to be released soon by National Testing Agency on exams.nta.nic.in. Check CUET PG scorecard download steps, expected result date, direct link, and merit list updates here: A total of 198 universities will offer admissions through CUET PG scores. Universities will conduct their own counselling processes. The exam took place between March 6 and March 27, 2026.
US stock market today shows a sharp split. Dow Jones futures fall over 120 points. Nasdaq futures jump nearly 1%. S&P 500 futures edge higher. This divergence signals a powerful shift. Strong earnings drive momentum. Intel surges nearly 20% after beating estimates. AI growth accelerates demand. Global defense deals add confidence. Lockheed Martin secures a major F-16 contract. Meanwhile, global risks remain active. Oil-linked tensions and trade disruptions add pressure. The US stock market today reflects selective buying. Investors chase AI winners. They avoid weaker sectors. This market rewards precision, not broad exposure.
6 healthy snacks under 200 calories
Looking for guilt-free snacking? These healthy snacks under 200 calories are nutritious, filling, and perfect for busy days. Enjoy delicious options that support weight management without compromising on taste or energy.
'Get your FACTS right!': China fires back at Trumps gift claim on intercepted Iranian ship
Delhi court acquits ex-AAP MLA in 2014 case of 'assault' on African women
A Delhi court has acquitted former Aam Aadmi Party MLA Somnath Bharti. He faced charges related to an alleged assault on women from African countries in 2014. The court stated that witness statements were inadmissible. The prosecution failed to prove its case. Bharti, the then law minister, had claimed the women were involved in illegal activities.
Indias Real Estate Sector Sees 14% Yearly Growth in Q1 2026 Deal Activity
New Delhi, April 24: Indias real estate sector experienced a significant increase in deal activity during the first quarter of the fiscal year 2026, with the number of deals rising to 32 compared to 28 in the same period last year. This information was revealed in a report released on Friday. In the previous quarter, ... Read more Indias Real Estate Sector Sees 14% Yearly Growth in Q1 2026 Deal Activity
Agro-forestry will be renamed as tree-based farming, says Shivraj
Chouhan cited the instance of Uttar Pradesh where 20 lakh tonne (lt) of fertiliser consumption per annum has been reported in past few years and expressed concern over rising use of chemical fertilisers
Sidney Sheldon achieved global fame as a novelist after success in Broadway and Hollywood. His life story emphasizes embracing life's uncertainties and the continuous journey of discovery. Sheldon's career spanned decades, creating iconic television shows and best-selling novels. He is remembered as one of the top fiction writers of all time.
Veterinary experts say chicken, eggs affordable sources of protein; call for curbing misinformation
Chicken and eggs offer affordable protein. Veterinary experts highlight that social media misinformation negatively impacts the poultry sector. Concerns about hormones, antibiotics, and bird flu are addressed. India's egg and poultry meat production shows significant growth. Modern broiler development relies on genetics, feed, health, and management. Steroid hormone implants are not approved for poultry growth.
A Bengaluru couple's journey of purchasing their first under-construction home has resonated online. Zenith Roy Chakraborty shared their emotional and financial challenges, learning real estate from scratch and navigating home loans. Their story offers hope to young professionals facing similar property-buying hurdles in the city.
Raymond Realtys rapid rise: From first move to market leadership
Raymond Realty has rapidly become a dominant force in Mumbai's real estate, selling over 5,500 homes and developing 10 million sq ft. The brand strategically elevates emerging luxury nodes like Wadala and Sion, alongside established markets like Thane and Bandra, by focusing on design, scale, and integrated living.
Odisha to sign 25 MoUs for setting up food and beverage firms in the State this fiscal
The State has signed up 33 industries with an estimated investment of 7,655 crore and the potential to generate 14,532 employment opportunities, says additional chief secretary Hemant Sharma
Major ports handled 915.17 million tonne of cargo in FY26: Sonowal
He said that during 2025-26, overall capex by the Shipping Ministry and its attached organisations was 14,953 crore compared to 9,708 crore in 2024-25
Consumption sustaining growth; predictable support essential for GDP expansion: FM
PUNE, Apr 24: Domestic consumption is sustaining the growth momentum in the economy, and predictable policy support is essential to ensure that the pace of GDP expansion continues, Union Finance Minister Nirmala Sitharaman said on Friday. Speaking at an event organised by SBI here, Sitharaman also said that a committee of bankers is looking into the issue of whether to allow exclusive distribution tie-ups for selling third-party products by banks or adopt an open architecture approach. She also urged banks [] The post Consumption sustaining growth; predictable support essential for GDP expansion: FM appeared first on Daily Excelsior .
Majority of travellers seek better services, timely issue resolution: Survey
NEW DELHI, Apr 24: A majority of Indian travellers surveyed across key cities are seeking better hospitality services, with slow resolution of issues, insufficient compensation and inconsistent communication emerging as critical pain points, according to a survey by US-headquartered Vertex Group released on Friday. The survey was conducted among 10,000 travellers in Mumbai, Delhi, Bengaluru, Hyderabad, and Kolkata recently. While 45 per cent of travellers reported satisfaction with recent hospitality experiences, a majority, 55 per cent, said their expectations remain [] The post Majority of travellers seek better services, timely issue resolution: Survey appeared first on Daily Excelsior .
Americans blame Donald Trump for gas price surge: Reuters/Ipsos
Americans hold President Trump responsible for rising fuel costs. This issue impacts Republican chances in upcoming elections. Many voters are less likely to support candidates aligned with Trump's Iran policy. High gas prices are straining household budgets. The economy is a major concern for voters, with inflation worries high. Republicans' traditional economic advantage has weakened.
El Nino may return by mid-2026 amid warming seas, says global weather body
Above-normal temperatures likely worldwide, rainfall patterns to turn uneven, says the World Meteorological Organization report
Those who believe they can run Bengal from Delhi are deeply mistaken: Mamata Banerjee
Across Chowrangee, Bhabanipur, Jadavpur and Tollyganj, I saw people turn out with clear intent, determined, united, and ready to defend Bengal, its identity, and its future. Those who believe they can run Bengal from Delhi, dictate its politics, divide its people, and distort its culture are deeply mistaken. This land has a long memory and a stronger spine, she wrote on X.
India's state-run SAIL wins court block on steel antitrust investigation
An Indian court has halted an antitrust probe into state-run SAIL after the company alleged procedural irregularities by the Competition Commission of India. SAIL argued it was initially cleared but a subsequent investigation, using the same evidence, found wrongdoing. The case will be heard again in June.
Consumption sustaining growth; predictable support essential for GDP expansion: Finance Minister
The Committee of Bankers is looking into the issue of whether to allow exclusive distribution tie-ups for selling third-party products by banks or adopt an open architecture approach, says Finance Minister
