21 C 
Institutional investors are now allocating more funds to private credit, significantly from insurance companies and pension funds. Neo Alternative Asset Managers has seen its second fund receive 22-25% contributions from these investors. Ascertis Credit's fourth fund also attracted commitments exceeding $700 million from multiple institutional investors. With increased interest in private credit, annual investment opportunities are now estimated around 1 lakh crore.
Domestic banks are beginning to increase their deposit rates due to shrinking liquidity conditions in the market. Bank of India recently announced a rate hike on deposits for various maturities, including a special 500-day option. This decision reflects the growing cost of deposits in the banking system as demand for credit rises. Banking system liquidity has significantly decreased from its peak in early September.
Govt set to tweak MSP norms for periodic price hikes of minor forest products
The Centre is planning to restructure the minimum support price mechanism for minor forest produce. This change aims to provide periodic hikes to benefit tribal communities relying on forest produce. TERI has been tasked to study the current MSP framework and assess potential rationalization. Concerns regarding stagnant MSP rates sparking exploitation among forest-dependent communities have been raised in parliamentary discussions.
Thomas Markle, father of Meghan Markle, has reportedly entered a dementia care facility in Florida. This move has raised questions about his ability to engage with investigators concerning serious allegations. Claims of suspected child sexual abuse material linked to him have prompted investigations in multiple countries. Philippine authorities and the FBI are continuing inquiries into the accusations involving previously found materials.
The Supreme Court has authorized the use of certified green firecrackers in Delhi-NCR on specific dates. Firecrackers can only be burst within designated time limits on November 7 and 8. Certain areas, including hospitals and educational institutions, will be declared as 'No-Cracker Zones' to ensure safety. Manufacturers must comply with specific certifications to produce authorized firecrackers during this period. A complete ban on all firecrackers will resume after November 8.
Donald Trump's administration asked the US Supreme Court to temporarily block California from counting mail-in ballots from more than 20,000 registered voters who federal officials allege are likely non-US citizens.
Rahul Gandhi locks horns with PM Modi over 'foreign help'
Rahul Gandhi said he was ready for a debate on the issue. To Modi's accusation last Saturday that the Opposition had become an obstructionist force using social media as a weapon to spread rumours, Gandhi responded by alleging that foreign social media fully backs the prime minister.
Supreme Court Justice PS Narasimha recused himself from a case regarding the Memorandum of Procedure for judicial appointments. The plea, filed by NGO Lok Prahari, seeks to finalize the MoP as it has been pending since 2015. This procedure governs the appointment and transfer of judges to higher courts in India. The petition also calls for enhanced transparency in the selection process and access to Collegium meeting minutes.
Amit Shah dares Rahul Gandhi to debate SIR & EVM in special Parliament session
Union home minister Amit Shah criticized Rahul Gandhi for his allegations against the government regarding electoral integrity. Shah stated that the government is prepared to hold a special session of Parliament to address these issues. He accused Congress of obstructing efforts related to the SIR exercise that aims to remove illegal infiltrators from electoral rolls. Shah confidently claimed that Prime Minister Narendra Modi would dominate the debate if it occurs.
Supreme Court ends monitoring of Ram Mandir donation theft probe after UP files charge sheet
The Supreme Court concluded the court-monitored investigation on the Ayodhya Ram Mandir donation theft case. This decision came after the Uttar Pradesh government submitted a charge sheet regarding the allegations. The case involved claims of cash misappropriation by individuals during the donation counting process. The Supreme Court allowed petitioners to assist in the trial court proceedings. The trial court has been directed to proceed according to legal protocols.
CRPF completes a year without a single operational fatality for the first time in 47 years
CRPF has marked a significant achievement by completing a year without any operational fatalities. This milestone was last observed almost five decades ago in January 1979. The force attributes this success to enhanced training, contemporary hardware, and strategic planning. Efficient post-incident response is also a key aspect of this accomplishment. CRPF continues to engage actively in major operational areas while maintaining this remarkable record.
Defence Ministry inks Rs 53,886 crore deals for new indigenous warships
The Defence Ministry signed contracts worth 53,866.50 crore for constructing next-generation corvettes with public shipyards. Garden Reach Shipbuilders & Engineers Limited will build five corvettes while Goa Shipyard Limited will construct three. The ships are designed for multi-domain warfare, including anti-surface and anti-submarine operations. This project is expected to create significant employment opportunities in shipyards and ancillary industries over the next decade.
Binance has recently reported a major security breach impacting approximately $6.3 billion in digital assets. After the hack, the exchange temporarily suspended withdrawals while assessing their security systems. Hackers allegedly linked to North Korea have raised concerns about the effectiveness of security measures in cryptocurrency exchanges. Investigators are working to trace the stolen funds and recover as many assets as possible.
A power cut occurred in Washington DC on Monday. It impacted over 1,176 Pepco customers. George Washington University and other government buildings in the area faced the power cut due to a power outage at a substation. Smoke was also reported to come out of manholes. This happened just one day before the US midterm elections 2026.
Strategy purchased 811 BTC USD worth more than $65 million, its largest acquisition since late September, while Bitmine added $19 million in ETH USD. The buying came as the crypto industry faced renewed security concerns following the massive Binance hack, with Bitmine chairman Tom Lee arguing that the markets relatively muted reaction was very constructive.
A study involving 2,546 men has found different associations between protein sources and testosterone levels. While higher animal and dairy protein intake was linked to lower testosterone, men consuming more plant protein had higher average levels of the hormone. Researchers explain what the findings mean and why they do not prove that eating meat or drinking milk lowers testosterone.
Diwali cash crunch? PIB flags fake RBI message
The Delhi ITAT deleted 1.13 crore in tax additions after accepting that 3.9 kg of jewellery found at a man's home belonged to his late wife and three married daughters. The ruling highlights how families can establish ownership of gold through supporting evidence.
India must reject retrograde lab animal rules
TVS-owned Norton unveils 450 cc urban bike to win a new generation of riders
Norton Motorcycles has announced a new 450 cc urban motorcycle set for launch in 2027. The motorcycle features a liquid-cooled engine and advanced connectivity options. It follows the introduction of four new-generation motorcycles presented at EICMA 2025. Additionally, Norton plans to expand its retail network internationally, including new entries in India and the United States.
Reliance expands Independence range with 9 variants
Centre's FY27 fiscal deficit may exceed Budget target by Rs 1.2 lakh crore: SBI Research
India's central government anticipates a fiscal deficit exceeding budget estimates by Rs 1.2 lakh crore in 2026-27. This increase is primarily attributed to rising fertiliser, LPG, and petroleum subsidy expenses. Strong GST growth and disinvestment receipts may not offset the expected higher deficit. In addition, SBI Research recommends a revised long-term capital gains structure to generate additional revenue.
Bank Indonesia hails September trade surplus as buffer for economy
Life Cycle Funds automatically shift investments from equity to debt as the target date approaches. Here is how these mutual funds work, who should invest, how to choose the right maturity period and the risks investors must consider.
Alex Karp, CEO of Palantir, fondly remembers how landlord Mrs. Schneider assisted his family after his parents divorced. Struggling with financial hardships, his mother received crucial support from her, an act of kindness that Karp says left a lasting impression on his life. He later reciprocated this generosity by actively supporting the family's jewelry store, illustrating the profound impact of gratitude and help in tough times.
Jessica Alba stirred up a debate by donning a Nancy Kerrigan costume for Halloween, accentuated by a fake bloodied bandage on her knee, referencing a significant moment in sports history. Her friend Kelly Sawyer complemented the theme as Tonya Harding with a baseball bat. Initially uploaded on Instagram, the photos were soon deleted in response to backlash, raising questions about the sensitive portrayal of historical events in popular culture.
Scam 2010, the third instalment of Hansal Mehtas popular crime anthology, will explore the rise and controversies of Sahara Group founder Subrata Roy. Starring Siddharth Bodke in the lead role, the series is based on journalist Tamal Bandyopadhyays book Sahara: The Untold Story. After introducing audiences to Harshad Mehta and Abdul Karim Telgi in its previous seasons, the franchise is now turning to another major financial controversy.
Marico reported a significant expansion in gross margins due to a 35% decrease in copra prices. The company achieved a 27% year-on-year growth in consolidated EBITDA, indicating strong profitability. While Parachute volumes grew, revenue growth was limited primarily due to prior price reductions. Marico cautioned about ongoing inflation in crude-linked derivatives and vegetable oils impacting future margins.
Telcos to face up to Rs 20 lakh fine per quarter per circle for complaint redressal lapses
Telecom Regulatory Authority of India has introduced new rules for telecom operators and internet providers to enhance complaint redressal. These providers will face penalties up to Rs 20 lakh if they fail to resolve consumer complaints quickly. The rules require complaint centres to operate 24 hours with human representatives available for assistance. Consumers will now have a shorter time frame of 15 days to appeal complaint resolutions.
Congress seeks JPC probe into IDBI Bank sale, alleges valuation irregularities
The party questions the use of banks funds by Fairfax to finance acquisition; demands disclosure of valuation reports
Florida crash: Who was 20-year-old copilot Nathalia
Telangana to call for tenders for deploying AI in market yards
Telangana to be the first state in India to have such a system, Agriculture Minister Tummala Nageswara Rao says
Sidharth Malhotra and Tamannaah Bhatias fantasy thriller The Vvaan: Force of the Forrest is set to make its digital debut. Inspired by folklore surrounding the 400-year-old Van Devi Temple in Bihar, the film follows an atheist man who encounters mysterious supernatural forces after entering a forest considered sacred by villagers. Check out when and where to watch the Deepak Kumar Mishra directorial on OTT.
Renewable energy to offer $220 bn investment opportunity by 2030: PM Modi
Speaking at the Bharat Renewable Energy Summit, PM Modi said the sector had attracted over 15 trillion in investments in the past decade, underscoring India's clean energy push
Skill Development, Corporate Affairs ministries top H1 FY27 underspenders
CGA data shows only 19 of 47 major ministries utilised over 45 per cent of their FY27 allocations in H1, while Railways led spending at 77 per cent and Mines at 75 per cent.
PVV Infra takes possession of NHLML wayside amenities sites in Madhya Pradesh
The projects form part of NHLMLs national programme of over 700 wayside amenities sites, spaced roughly every 4060 km along National Highways, with completion targeted by FY29
Petronet LNG faces arbitration as vessel owners seek Rs 625 crore in dues
Three owners of LNG vessels are pursuing arbitration against Petronet LNG for Rs 625 crore in unpaid dues. The vessels have been largely idle since March 2 due to disruptions related to the Iran war. Petronet LNG reported a 53% rise in profit for the July-September quarter despite a decrease in operational revenue.
Overdependence on fossil fuels will continue to disrupt global economy: PM Modi
Modi noted that the renewable energy sector has attracted over 15 lakh crore, or $164 billion, over the past decade
Capex push to continue, but fiscal prudence non-negotiable: FM
India must to talk with optimism and there needs to be reduction in cynicism says Ms. Sitaraman
Europes supermarket fridges hacked: Whos behind?
India's urban shoppers spend 13% more on FMCG but shop less often
India's urban shoppers are increasing grocery spending while making less frequent trips, reflecting higher prices' impact. Online sales are rising sharply, driven by new households entering the market and increased shopping occasions. In contrast, traditional kirana stores still hold a significant market share despite a slight decline. Personal care products are the fastest-growing category with notable value sales increases.
You wont believe how much Baywatch star Erika Eleniak earns on OnlyFans decades after iconic TV role
Erika Eleniak, famously recognised for her iconic role in Baywatch, has embraced the world of OnlyFans, reaping substantial financial rewards in the early months. With projections indicating nearly $1 million in earnings for her inaugural year, Eleniak reveals that the platform fosters a cherished reconnection with her long-time fans while empowering her to share intimate moments.
What makes Pune Metro's Pink Line so special?
NASA is inviting people around the world to send their names to Saturns largest moon, Titan, aboard its upcoming Dragonfly spacecraft. As part of the initiative, names will be stored on a microchip carried by the rotorcraft, with participants receiving personalised digital boarding passes. With the mission scheduled to launch in 2028 and reach Titan in 2034, here is how people can register, what the deadline is and what NASA hopes to discover on the distant moon.
ITC flags illicit trade pressure on cigarettes; digital-first businesses grow over 70%
ITC Ltd has reported a significant increase in its digital-first and organic FMCG portfolio, achieving over 70% year-on-year growth. However, the company is facing considerable pressures due to rising illicit cigarette trade and increased taxation impacting legal volumes. The fresh food segment has also expanded significantly, reflecting ITC's focus on organized markets. Additionally, challenges in West Asia have disrupted agricultural exports, although value-added products showed better performance.
Jupiter Wagons bags Rs 324 crore orders from GATX India and Chetak International
Jupiter Wagons Ltd has obtained private sector orders worth over Rs 324 crore for automobile carrier wagons. GATX India issued a Letter of Intent for 10 rakes valued at Rs 214.94 crore. Chetak International placed an order for five rakes worth Rs 109.10 crore. The company highlights strong demand for its new ACT2 wagon platform among private operators.
DMRC announces 20 additional trips on weekdays
Indias rabi acreage down 46% as sowing of all crops gets delayed
Coverage of mustard down 47%, under pulses 52% and gram by 59%, while the area under paddy and wheat is also lower
Gold and silver prices declined in the latest IBJA evening fixing on 2 November. 24K gold fell 2,530 to 1,37,524 per 10 grams, while 22K gold dropped to 1,25,990. Silver prices declined 1,372 to 1,79,972 per kg.
The proposal has brought the taxation of investment profits into focus, particularly the rules governing gains earned from selling shares and other financial assets.
Yoga Bar maker Sproutlife Foods to merge with ITC; board approves scheme
ITC Ltd has received board approval for a scheme to merge Sproutlife Foods into its operations. This move is designed to streamline business processes and enhance value creation for ITC. Sproutlife, focusing on health-centric food products, achieved a turnover of Rs 451.71 crore in FY26. ITC clarified that no new shares will be issued in this merger, set to be effective from April 1, 2026.
Why is India seeing back-to-back cyclones?
A parliamentary panel raised concerns over high airfares during discussions with IndiGo and Air India officials. Rising Aviation Turbine Fuel prices and the closure of Pakistan airspace were cited as major factors. IndiGo reported significant losses in the September quarter due to these issues, alongside challenges faced by Air India. The meeting also reviewed aircraft security and global aviation practices in India.
Despite rise in area, Indias tur output may shrink to 20-25 lt on drought impact
Adequate imports and buffer stocks to make up for the 15 lakh tonnes short supply, says trade
Pakistan suffered $40 billion in economic losses due to suspension of trade with India: PIBC chief
Lahore has faced an estimated USD 40 billion in economic losses since trade with India paused in 2019. Business leaders emphasize the need for restoring these commercial ties to stimulate mutual benefits. The suspension has escalated costs for essential goods that are typically imported from India. Industries, particularly textiles and pharmaceuticals, have struggled to cope with rising transportation and sourcing expenses.
J Estates partners with Emoha for senior living project in Gurugram
Gurugram-based J Estates is collaborating with Emoha to develop J 36, a senior living project in Sohna. This initiative aims to integrate residential design with elder-care services for residents and their families. The project will feature 190 units with various apartment configurations and an estimated sales potential of Rs 525 crore. Emoha will contribute its expertise to enhance the resident experience through community support and wellness programs.
Did Priyankas mother decide not to promote her?: Patras jibe at Gandhi family, Oppn rally
The Centre's 3% DA hike from 60% to 63% can increase retirement gratuity for central government employees by up to 50,000. However, the actual benefit depends on basic pay, qualifying service and the 25 lakh gratuity ceiling.
Union Finance Minister Nirmala Sitharaman acknowledged concerns from investors regarding potential tax changes to support equity markets. She emphasized that while taxation is vital, India's economic indicators remain robust and positive. Sitharaman highlighted the necessity for capital expenditure to sustain economic growth and fiscal prudence. On welfare, she noted significant improvements in access to essential services contributing to decreased poverty levels.
India assures commitment to lower Scotch tariffs under UK trade pact
The government has assured liquor companies it will honour tariff concessions under the India-UK trade pact, signalling a possible resolution to the dispute over bulk Scotch imports
Ambani tops global billionaire gainers list as RIL shares soar
Reliance Industries chairman Mukesh Ambani has become the world's biggest billionaire wealth gainer, adding over USD 6 billion to his fortune in a single day, as shares of his flagship company surged following stronger-than-expected quarterly earnings.
LPG: Price Increased by Tk 18.56 per Kg; Government-Supplied LPG Price Rises After Long Period
The Bangladesh Energy Regulatory Commission (BERC) has once again increased the price of liquefied petroleum gas (LPG). The price of LPG has been raised from Tk 153.12 to Tk 171.68 per kg. As a result, the price of the most widely used 12-kg cylinder has increased by Tk 223, from Tk 1,837 to Tk 2,060. The new prices were announced on Monday. Prices of other LPG cylinders, ranging from 5.5 kg to 45 kg, have also been increased. After remaining unchanged for a long period, the price of LPG cylinders supplied by government-owned companies has also been raised. The price of a 12.5-kg cylinder has been increased from Tk 825 to Tk 1,860. The price of a 12-kg cylinder was also increased by Tk 252 for October. The price of liquefied petroleum gas (autogas) used in vehicles has been raised from Tk 84.62 to Tk 91.95 per litre. In the previous month, the price of autogas was increased from Tk 73.09 to Tk 84.62 per litre. BERC determines LPG prices every month in line with international market rates. When the price was first fixed in the country on April 12, 2021, a 12-kg cylinder cost Tk 975. The price has [] The post LPG: Price Increased by Tk 18.56 per Kg; Government-Supplied LPG Price Rises After Long Period appeared first on Energy Bangla .
Finance Minister Sitharaman urges Tata to resolve feud amicably
Nirmala Sitharaman highlighted the importance of resolving the ongoing differences within Tata Sons and Tata Trusts. She emphasized that the matter should remain private and avoid public discussions. The Finance Minister acknowledged the contributions of the Parsi community to the Tata Group's global brand. Concerns regarding foreign investor outflows and their impact on India's economy were also addressed.
Bond yields fall nearly 10 bps as crude slides, rupee gains against dollar
The benchmark 10-year government bond yield fell nearly 10 basis points to 7.32 per cent as crude prices declined, while the rupee strengthened for the second straight session
IT and ITeS Policy of Uttar Pradesh, 2022: Incentives, eligibility and implementation
The policy is a state incentive and infrastructure framework intended to attract information technology and technology-enabled service operations to Uttar Pradesh
India's renewable sector attracts investments worth $67 billion in last 2 years: Pralhad Joshi
The sector is growing at a fast pace in India and will play an important role in meeting the country's future power demand, the Minister for New and Renewable Energy (MNRE) said while addressing the Bharat Renewable Energy (BRE) Summit & Expo 2026 in the national capital.
NBCC to build world's largest Maharana Pratap statue in Rajasthan's Haldighati
NBCC Ltd will create the world's tallest statue of Maharana Pratap in Haldighati, Rajasthan. The project is part of a Rs 168 crore tourist circuit to promote the region's historical significance. A world-class museum will showcase the legendary warrior and his horse, Chetak. An immersive projection show will highlight the historical events from the Battle of Haldighati. The circuit aims to enhance Haldighati's appeal as a heritage and tourism destination.
Nissan Motor Indias October sales fall 14% as exports drop 35%
Nissan Motor India reported a 14 percent decrease in total sales during October, reflecting weak exports. The company achieved a significant domestic sales increase of 50 percent compared to last year. Total vehicle dispatches fell to 8,310 units from 9,674 units in the previous period. Exports dropped sharply, declining by 35 percent to 4,710 units. The managing director highlighted ongoing customer confidence and focus on enhanced ownership experiences.
Capex key to India's growth strategy, fiscal prudence remains...: FM Sitharaman at HSBC event
India, EU to maintain close contact on FTA implementation issues
The Commerce Secretary met key European officials in Brussels to discuss measures to facilitate two-way trade, unlock new opportunities
Jaipur's titular Maharaja and professional polo player Sawai Padmanabh Singh, popularly known as Pacho, opens up about his royal heritage, family heirlooms and evolving ideas of luxury. He reveals the special keepsake designed by his grandmother that he hopes to pass down to future generations, while sharing his thoughts on natural diamonds, traditional craftsmanship and what it takes to keep a centuries-old legacy relevant in modern times.
China Won't Be The New Hegemon: Jeffrey Sachs Backs India To Rule Global Economy As West Loses Power
China will not be the new hegemon. That is the headline from Varanasi, where American economist Jeffrey Sachs urged Beijing to support India as the sixth permanent member of the UN Security Council. Cooperation, not competition, between Asias two powers is the path to a multipolar world, he argued. Sachs also told India not to join the Quad, while predicting that by 2050 the US and Europe will hold only about 20% of the world economy and Asia nearly 50%. By 2100, three-quarters of humanity will live in Asia and Africa, and India will have twice Chinas population. He also calls todays wars contests over hegemony. It is a bold, sweeping vision, and not everyone agrees with it. Is he right, or is this wishful thinking? We break down every claim, the data behind it, and the questions Delhi and Beijing must answer. Watch Jeffrey Sachs' full speech in Varansi.
IndiGo to consider hedging fuel as it ventures on long haul routes
IndiGo is evaluating the possibility of hedging fuel costs as it plans for long-haul international operations. The airline's planned introduction of the Airbus A350 aircraft will enhance its overseas expansion strategy. Despite previously avoiding fuel hedging, management is now reassessing this approach in light of market competition. IndiGo's dominant position in the domestic aviation market facilitates its long-term growth aspirations.
ITR deadline pushed to November 21 for audit cases: What it means for businesses and taxpayers
The revised deadline is expected to provide relief to taxpayers dealing with multiple compliance obligations, particularly those requiring additional time to complete audits, reconcile financial records and verify tax-related information before submitting their returns.
Apple plans major iPad refresh in 2027: Report
What happens if Trump loses US midterm elections?
How should NRIs value an overseas LLP for FAST-DS 2026?
An Indian resident who acquired a US LLP interest while an NRI wants to declare it under FAST-DS 2026. An expert explains how to value the interest as at 31 March 2026.
Dancing with the Stars will host its annual Disney Night featuring Broadway twists on November 2. Celebrity couples will perform routines inspired by various Disney films and stage productions. The judging panel will include guest judge Cynthia Erivo and other permanent judges. Special team dances and live Broadway performances will also be part of the episode. Viewers can watch the show live or stream it the next day on Hulu.
India once had no LTCG tax: How income tax rules on LTCG, STCG and STT changed over the years
Indias capital gains tax regime has undergone several changes over the decades, from its abolition in 1949 to the removal of LTCG tax on listed equities in 2004 and its reintroduction in 2018.
TajGVK Hotels & Resorts rebranded as Krishna GVK Luxury Hotels
TajGVK Hotels & Resorts Limited has been rebranded as Krishna GVK Luxury Hotels Limited after a recent ownership change. The company was formed in 1995 as a joint venture between the GVK-Bhupal family and IHCL. As IHCL sold its entire stake in December 2025, the GVK-Bhupal family now fully owns the hotels. The hotel brand will remain Taj, operated by IHCL through management agreements.
SEBI has proposed scrapping LTCG tax on foreign equity investments and offering tax relief to domestic mutual fund investors switching schemes. The recommendations have been submitted ahead of Budget 2027 and await government approval.
In California, same-day voter registration allows qualified citizens to both register and vote on the very day of elections. To participate, individuals must be at least 18 years old and a US citizen. Registration is available at specified locations during the 14 days leading up to the election, including Election Day. Other states also provide same-day registration, though they may have unique procedures and documentation.
Unable to get train tickets for Chhath Puja, a Delhi man named Rishav Thakur has taken an auto-rickshaw to travel to Madhubani in Bihar with his companions. The group is making the unusual journey after missing the festival at home for nearly three years. His videos have attracted attention on social media.
Not Vote Bachao, Ghuspaithiya Bachao Rally: Shah accuses Rahul of fuelling anarchy in Hyderabad
IndiGo develops premium offering, reviews fuel hedging for international push
Airline weighs larger business-class cabin on later A350s; detailed hedging review to return to board
Elon Musk has taken a dig at OpenAI CEO Sam Altman after the latter questioned why people keep large amounts of RAM in their personal computers when the limited memory supply could be used more efficiently by AI data centres. Sharing a meme on X, Musk defended ordinary consumers. The exchange comes amid a global memory shortage that is driving up prices of PCs, smartphones and other electronic devices.
Mindspace REIT leases 1.6 million sq ft in Q2, NOI rises 31.9%
The Real Estate Investment Trust (REIT) has also leased around 0.6 million sq ft at its newly acquired Chennai assets since acquisition. A large transaction covering around 0.5 million sq ft was signed at One Radial with a European banking, financial services and insurance (BFSI) global capability centre (GCC).
Govt moves to resolve Scotch tariff dispute under UK trade pact, sources say
India has assured industry executives that it will honor the trade pact with Britain regarding Scotch whisky tariffs. Ongoing investigations into bulk Scotch imports are expected to result in a resolution. Commerce Secretary Rajesh Agrawal detailed steps to address concerns over duty concessions for bulk imports. The disagreement centers on customs classifications affecting the whisky industry significantly.
'Energy security directly linked to economic security': PM Modi highlights impact of global crisis
Prime Minister Narendra Modi highlighted the importance of energy security linked to economic security during the global crisis. He stated that India is prioritizing clean energy and green hydrogen to boost its energy independence. The National Green Hydrogen Mission aims for 5 million tonnes of green hydrogen production by the decade's end. India has achieved 300 GW of non-fossil fuel-based energy capacity and is targeting 500 GW.
At the launch of The Library at Nita Mukesh Ambani Cultural Centre in Mumbai, Nita Ambani wore a significant brooch. The piece, called Soaring Spirit, is crafted by Wallace Chan and took ten years to complete. Valued between Rs 12 crore and Rs 15 crore, the brooch features colourful gemstones and intricate designs.
