27 C 
A dry winter, among other factors, may have caused heat to arrive early in India this year, says Sanjay Srivastava, Chief, Disaster Risk Reduction at UN-ESCAP
Techie quits a Rs 10 LPA job for a Rs 5 LPA position as a fresher. And is happier than ever
A recent graduate boldly chose skills over a high-paying job, quitting his 10 LPA role to pursue growth in modern tech roles. After months of challenges, he secured a Java Full Stack Developer position with a significant pay cut. His journey emphasizes prioritizing skill-building early in one's career and stepping out of comfort zones for long-term success.
Manufacturing PMI at 8-month high, rises to 58.1 in March
New orders surged, leading to the fastest drop in finished goods stocks in over three years
Forget 70 hour work-week. Why Bill Gates thinks a 2-day work week is coming in next 10 years
Bill Gates predicts that advancements in artificial intelligence could reduce the standard workweek to two days within the next decade. He envisions AI significantly lessening human labor needs, particularly in healthcare and education, by providing high-quality services. Gates anticipates AI could transform various sectors, raising discussions about the future of employment and productivity.
Nintendo Switch 2 Direct launch today: Timing, where to watch, release day and price
Nintendo's Switch 2 is set for a detailed reveal today with a release planned for 2025. Key features include a sleek design, potential backward compatibility, and enhanced controllers. The company also announced a 2027 live-action adaptation of 'The Legend of Zelda.'
RSS, BJP rebuilding ties post Bangladesh 'regime change', subpar poll results
The BJP and RSS have reconciled following the BJP's poor Lok Sabha results and the regime change in Bangladesh. The diminished relationship since Modi's government began improving, with both organizations acknowledging the need to address external threats and avoid a leadership cult within the BJP.
8 DIY chia seed face masks for radiant skin
Chia seeds aren't just for smoothiesthey're skincare superstars! Packed with antioxidants, omega-3s, and hydration-boosting properties, these DIY masks will nourish, brighten, and rejuvenate your skin naturally.
Microsoft's Bill Gates reveals why he won't share his hard-earned wealth with his kids
Bill Gates, with a net worth of over $107.8 billion, has disclosed that he will not leave the majority of his wealth to his children, emphasizing the importance of their independent success. He believes that tech sector fortunes are less dynastic, with a significant focus on philanthropy. Gates co-founded Microsoft, which reported $212 billion in revenue in 2023.
Auckland's Spark Arena set for Dua Lipa's 2025 Radical Optimism World Tour
Dua Lipa will bring her world tour to New Zealand in 2025 for one show to promote her album, -Radical Optimism-. The tour will also have multiple Australian dates. Pre-sale tickets start on September 19 with general sales opening on September 20. The tour will feature in Melbourne, Sydney, and Auckland. This tour is highly anticipated by fans.
India tightens steel procurement policy: Favours local production, adds reciprocity clause
The policy prioritises domestically produced steel in government contracts and implements stricter procurement rules to limit foreign competition
Jorge Prez, a Miami real estate mogul, refused to hand over his multi-billion-dollar empire to his son Jon Paul until he proved himself. Jon Paul was required to gain experience and education independently before joining the family business, emphasizing passion, hard work, and competency.
India March factory activity expands at its fastest pace in eight months, PMI shows
India's manufacturing activity grew at its highest rate in eight months in March, driven by robust domestic demand, as shown by the HSBC India Manufacturing PMI rising to 58.1. However, export orders increased at a slower pace, indicating weakening global demand. Despite higher input costs, output inflation fell to its lowest level in a year.
How green chilli boosts skin health: 8 key benefits
Green chillies are not just a kitchen essential; they offer surprising skin benefits too! Packed with antioxidants, vitamins, and minerals, they can help you achieve clear, glowing, and youthful skin naturally.
Trump uses power against foes unlike any other modern US president
Donald Trump, in his second term, has aggressively used executive orders to target perceived adversaries and promote his agenda. His tactics involve leveraging lawsuits, public threats, and federal funding to coerce institutions, while facing legal challenges and opposition from some quarters.
Innoterras MilkLane ties up with Milky Mist to supply 1 lakh litres of premium milk per day
Three year deal valued at over 400 crore and will benefit over 10,000 farmers
Bewakoof's IITian CEO Prabhkiran Singh reveals why he takes off on April 1 every year
On Bewakoof's 13th anniversary, CEO Prabhkiran Singh reflects on the company's journey. Starting in a cramped Mumbai slum office with no AC, using plastic chairs, and enduring the heat, their resilience led to growth. They moved to a better office with real chairs and an AC. Singh takes April 1st to appreciate their progress.
Batman Forever and Top Gun: Maverick star Val Kilmer dies at 65
Val Kilmer, renowned for his role in Batman Forever, passed away at 65 in Los Angeles due to pneumonia. Diagnosed with throat cancer in 2014, he overcame the illness but his health remained fragile. Kilmer's illustrious career featured standout roles in Top Gun, The Doors, and Heat, making him a revered figure in Hollywood. Fans worldwide mourn his loss.
Israel expands military effort in Gaza, defence minister says
Israeli Defence Minister Israel Katz announced a significant expansion of military operations in Gaza, with plans to seize large areas of the enclave. The announcement included a large-scale evacuation and urged Gazans to eliminate Hamas and return Israeli hostages. Efforts for peace talks remain unsuccessful, and military pressure continues.
Congress MP Renuka Chowdhury moves suspension of business notice to discuss US tariffs on India
Congress MP Renuka Chowdhury moved a suspension of business notice in Rajya Sabha to discuss the impact of new US tariffs on India, effective April 2, 2025. She criticized the government's undefined policy and highlighted the risks to industries like IT, textiles, and pharmaceuticals, which could affect jobs and economic stability.
Mundra becomes first Indian port to handle 200 MMT cargo in FY25
The growth was led by growth in containers which grew by 20 percent year-on-year. The volumes of liquid and gas volumes handled grew at ninepercent
Shark Tank contestant Aquapeya asked to stop selling water brand by Court
Packaged water brand Aquapeya, funded by Shark Tanks Namita Thapar and Ritesh Agarwal, has been ordered by the Bombay High Court to halt operations after Bisleri International accused it of trademark and copyright infringement. The accusation followed Aquapeyas admissions on the show about benefiting from the market goodwill of established brands.
In Nashik, a young intern's hesitant karaoke performance of the Kannada song 'Sapta Saagaradaache Ello' unexpectedly became the night's highlight, reminding people of the viral Leonardo DiCaprio pointing meme. The film, released in September 2023, stars Rakshit Shetty and Rukmini Vasanth, with music praised by audiences. The song has gained traction online, often being featured in Instagram reels.
National Security Adviser Michael Waltz is under scrutiny for using his personal Gmail account to discuss government matters, including military positions and weapons systems. The revelations follow an earlier controversy in which he inadvertently invited a journalist to a Signal chat about a planned military strike. While Waltz denies sending classified information via unsecured channels, concerns over cybersecurity risks and record-keeping compliance continue to mount. The White House has defended Waltz, but criticism from political figures remains strong.
Man pulled alive from Myanmar quake rubble after five days
A man was pulled alive from the rubble of a Myanmar hotel on Wednesday, officials said, five days after a devastating earthquake hit the country, killing more than 2,700 people. The 26-year-30 am (1800 GMT on Tuesday), the fire service and the country's ruling junta said. bur-pdw/rsc
Gujarat: Death toll in Banaskantha firecracker godown blast rises to 21
In Gujarat's Banaskantha district, a firecracker godown explosion has resulted in 21 fatalities, with most victims identified as Madhya Pradesh residents. Officials confirmed the identification and repatriation of the bodies to their native places. Prime Minister Modi and the Chief Ministers of Gujarat and Madhya Pradesh have announced ex-gratia payments for the deceased and the injured. Legal actions are underway.
US approves $5.58 bn F-16 fighter jet sale to Philippines
The United States has approved the potential sale of $5.58 billion in F-16 fighter jets to the Philippines to bolster defense amid rising tensions with China. The sale, which includes 20 jets, aims to enhance the Philippines' ability to maintain peace and security in Southeast Asia.
Mumbai police issue 3rd summons to Kunal Kamra, ask him to appear on April 5
Stand-up comedian Kunal Kamra has been summoned for the third time by Mumbai Police to appear on April 5 in connection with a case regarding allegedly derogatory remarks about Maharashtra Deputy Chief Minister Eknath Shinde. He previously ignored two summons and now faces charges of defamation and public mischief.
German economy expected to recover slowly, banks association says
Germany's economy is expected to grow by only 0.2% this year, with noticeable recovery not anticipated until 2026. The Association of German Banks cites the negative impact of U.S. tariffs on imported vehicles and weakening corporate investment as key factors contributing to the sluggish growth.
Trump tariff rollout to retaliate against India & others opens new era of risk for global economy
US President Donald Trump will announce expansive US trade restrictions, including reciprocal tariffs. The announcement is set for a 4 p.m. White House Rose Garden event. Details about the tariffs, including their size and scope, are still being discussed. The world is waiting for more information about these significant trade measures.
Pune-based makeup artist Pritam Juzar Kothawala shared a video showing how to fake accident scars for work excuses. The video went viral and prompted criticism for promoting workplace dishonesty. Viewers accused Kothawala of encouraging unethical behavior. Despite her claims that the videos were for fun, the backlash included users calling the content irresponsible and dangerous.
US deportation error: 'Maryland man sent to El Salvador prison by mistake', says Leavitt
Buy a Rs 5 cr house in Dubai and live rent-free in Delhi? This Reddit user explains how
With soaring real estate prices in Indian metros, some buyers are considering alternatives like Dubai, where property investment can yield higher returns and benefits like a Golden Visa. A 5 crore Dubai property can generate 5-8% rental returns, covering Delhi rental costs and leaving surplus income. Factors to consider include market fluctuations and management challenges.
Reliance joins hands with BLAST for esports business in India
Reliance Industries' subsidiary Rise and BLAST Esports announced a joint venture to boost the esports business in India. The partnership will leverage BLAST's production expertise and Jio's technology to host events on the JioGames platform, aiming to elevate the Indian esports scene and provide opportunities for local talent.
Trump tariffs threaten Indias slowdown-hit auto parts makers
Indian auto parts makers face sales losses in their top overseas market due to looming US tariffs on car parts. The 25% import duty on components like engines and transmissions will significantly impact manufacturers and trigger discussions on cost-bearing. US carmakers are lobbying to mitigate the effects.
Why is Bharti Airtel stock a good buy at current levels?
Suspected US airstrikes in Yemen kill at least 4 people near Hodeida, Houthi rebels say
Suspected US airstrikes continue to hit rebel-controlled areas in Yemen, focused on Iranian-backed Houthis, with the latest strike near Hodeida killing at least four people. The Trump administration aims to counter Houthi attacks on Mideast shipping linked to the Israel-Hamas conflict and pressure Iran over its advancing nuclear program, while intensifying the military campaign.
A Delhi woman recounted a near-kidnapping by an app-based bike driver in Gurgaon, who deviated from the route and stopped in a sketchy area. Her friend tracked her journey and intervened just in time. She urged women to share their locations when traveling alone at night. The incident has been reported to the ride-hailing platform.
Liberal wins Wisconsin Supreme Court election in setback for Trump, Musk
Wisconsin voters elected Susan Crawford to the state Supreme Court, maintaining a 4-3 liberal majority. The election, seen as an early referendum on Trump's presidency, involved over $90 million in spending and was the most expensive judicial contest in U.S. history.
Attacking the opposition for opposing the Waqf (Amendment) Bill, 2024, Uttarakhand Waqf Board Chairman Shadab Shams on Tuesday said that the poor Muslims have hopes from Prime Minister Narendra Modi, adding that it is 70 saal Vs Modi Karyakal (PM Modi term).
Chinese envoy Xu Feihong 'firmly believes' relations to advance on 'sound-stable' track
Chinese Ambassador Xu Feihong expressed optimism regarding China-India relations as they commemorate the 75th anniversary of diplomatic ties. Emphasizing collaboration, future stability, and mutual benefit, he highlighted the positive messages from leaders Xi Jinping and Narendra Modi on advancing bilateral relations for global peace and prosperity.
Zohos Sridhar Vembu fears Nandan Nilekani's plan for selling unsold land could ruin your lives
Nandan Nilekani proposes digitising land titles to make them tradable, potentially unlocking wealth for Indian landowners. However, Sridhar Vembu warns that liquidating land assets could harm vulnerable individuals. He suggests that easy asset trading can lead to impulsive sales and extreme wealth concentration, indicating the need for careful regulation to prevent financial ruin.
An 'administrative error' sent a Maryland man to an El Salvador prison, ICE says
The Trump administration acknowledged mistakenly deporting Kilmar Abrego Garcia, a Maryland man with protected legal status, to a notorious El Salvador prison. While his lawyers dispute any gang affiliations, the administration argues against his return to the U.S., citing alleged gang ties and jurisdictional issues.
Navratri celebrations today will honor Goddess Durga in her forms of Mata Kushmanda and Mata Skandamata. Worshippers seek to gain blessings to overcome illnesses and fulfill desires, particularly for happiness and progeny. The festival, observed with devotion across India, will conclude with Ram Navami celebrations on April 6.
US judge blocks Trump administration from firing federal employees on probation
A federal judge ruled that the Trump administration cannot quickly dismiss thousands of probationary federal workers without following required procedures, restricting an earlier nationwide order. The decision affects employees in 19 states and Washington, D.C., who were terminated without proper notification in February.
As tariff clock counts down, Trump is still up for 'a good negotiation'
President Trump is finalizing plans for new reciprocal tariffs, considering options like a tiered system or flat rates for various countries. The tariffs are expected to be significant and could be adjusted through negotiations. The official announcement is scheduled for Wednesday, with immediate implementation potentially impacting imports already en route to the US.
Chief of Russia's sovereign wealth fund to meet Trump envoy in Washington this week, source says
Kirill Dmitriev, head of Russia's sovereign wealth fund, will visit Washington to discuss economic and investment cooperation, marking the first high-level Russian official visit since the Ukraine invasion. Talks with U.S. special envoy Steve Witkoff will focus on strengthening relations and exploring joint projects despite Western sanctions.
Republican Jimmy Patronis wins special election in Florida's 1st Congressional District
Jimmy Patronis won Florida's 1st Congressional District special election with President Trump's endorsement, defeating Democrat Gay Valimont. Patronis fills the seat vacated by Matt Gaetz, while in District 6, Randy Fine won against Josh Weil despite Democrats' heavy fundraising. The races show strong Democratic enthusiasm but ultimately maintained Republican holds.
US Senator Cory Booker sets new Senate record with over 24-hour speech against Donald Trump
US Senator Cory Booker has made history with the longest Senate floor speech in modern times, speaking for 25 hours and five minutes in a dramatic protest against the policies of President Donald Trump. In a passionate and emotional address, Booker warned of a crisis in American democracy, condemning radical cost-cutting measures led by Trump and his advisor, billionaire Elon Musk. His marathon speech, while largely symbolic, electrified Democrats and highlighted growing discontent with the administrations actions.
Luxury fashion giants like Louis Vuitton, L'Oreal Luxe bet big on India's beauty boom
Chanel and other luxury brands are expanding their beauty segments in India, managing their retail spaces independently to better align with consumer preferences. Chanel has opened multiple new beauty and fragrance stores, launched an e-commerce platform, and brands like L'Oreal Luxe are opening exclusive brand outlets, signaling significant demand growth in this sector.
Vodafone Idea's prospects rise with government aid, but banks stay wary
Vodafone Idea's government equity conversion helps raise its bank credit potential, but bankers remain cautious due to unclear payment schedules and large dues. Despite improved liquidity, Vi faces intense competition and remains below investment grade, needing substantial debt funding for network upgrades.
Near 10% boost takes GST kitty to Rs 22 lakh crore
GST collection in March rose nearly 10% to 1.96 lakh crore, driven by economic stability and strong tax compliance. The fiscal year's gross collection increased to 22.1 lakh crore. April collections are expected to be higher, continuing the trend of revenue growth and better compliance.
The U.S. has criticized India for high tariffs on agricultural goods, restrictive import regulations, and challenges for American companies, especially in technology and medical sectors. The Trump administration plans reciprocal tariffs. Issues include India's opaque restrictions on imports, high customs duties on drugs and agricultural products, and regulations on dairy imports.
India may send envoy to Canada; Dinesh Patnaik being considered
India plans to restore high commissioner-level relations with Canada, months after withdrawing its envoy due to the Khalistan extremism issue. Diplomat Dinesh Patnaik is being considered for the post. India demands action against Sikh extremists, criticizing Canada's soft stance on Khalistan issues.
Harrison Ford and Calista Flockhart took the New York City subway on Monday. The couple parted ways on the platform as Flockhart took the express train. Ford later interacted with a fellow commuter. This was Fords first public appearance since canceling his Oscars presentation due to health issues.
NCAA basketball: Michigan State's Tre Holloman, Gehrig Normand enter transfer portal
Entering the transfer portal, Michigan State guards Tre Holloman and Gehrig Normand represent major changes for the Spartans' backcourt. A team captain and important member, Holloman is looking for fresh demands after a successful year. Redshirt freshman Normand battled for field time and will seek more chances elsewhere.
The third movie in the Paddington series, Paddington in Peru, is now available for digital rental and purchase. It will be released on DVD and Blu-ray on April 29. The first two films can also be streamed or purchased online.
Lance Lynn announces MLB retirement after 13 seasons, teases future baseball plans
Lance Lynn, a 13 year MLB veteran, has announced his retirement from professional baseball on his wifes podcast, concluding a notable career with the St. Louis Cardinals and five other teams. Despite retiring from MLB, Lynn hinted at possible future baseball-related ventures, keeping fans curious about what's next after his stellar pitching career.
McDonald's special limited edition meals add to 'A Minecraft Movie' fever
The collaboration gives Minecraft fans a choice to choose between two entrees for their meal: a Big Mac or a 10-piece Chicken McNuggets. The McNuggets version comes with the limited-edition sweet-and-spicy Nether Flame Sauce.
Dennis Rodman: Career, relationships and 2025 net worth of former NBA star
Former NBA star Dennis Rodman, who got married thrice in his life, only has a net worth of $500,000, despite having a record-setting career in the basketball league. He is believed to have lost most of his fortune in legal battles, lavish lifestyle and alimony to former wives.
Global demand for explosives, ammunition leads to record defence exports
Indian defence exports have hit a record 23,622 crore in 2024-25 driven by high global demand for explosives and ammunition amidst conflicts in Europe and West Asia. The capacity is fully booked for years, with significant contributions from state-owned units and a rise in private sector manufacturing. The number of defence exporters has grown by 17.4%.
Dexter: Original Sin Season 2: Is prequel series renewed for second season? Details here
The prequel series Dexter: Original Sin has been renewed for a second season. The show, set in 1991, explores Dexter Morgan's early life. Patrick Gibson plays young Dexter, with Michael C Hall providing the inner monologue. Production continues under Clyde Phillips. Paramount focuses on expanding the Dexter franchise.
AICC session set to be held in Gujarat after 64 years
The upcoming AICC session in Ahmedabad aims to energize the beleaguered Congress party, marking a significant event 64 years after the last session in Gujarat. Coinciding with the centenary of Gandhi's presidential term and the 150th birth anniversary of Sardar Patel, the session may address the Congress's diminishing influence, especially in Gujarat, while tactfully invoking Patel's legacy.
Domestic passenger vehicle sales reach new peak in FY25, driven by SUV demand
Domestic passenger vehicle sales in FY25 grew by 3%, reaching a new peak of 4.34 million vehicles, driven by strong demand for SUVs. Despite slower growth due to a high base and declining demand, rural markets saw a 10% increase in sales. Exports also hit a record 755,000-765,000 vehicles. Maruti Suzuki dominated, with six of the top 10 best-selling models.
Buzz Williams departs Texas A&M to take over as Maryland head coach: Reports
Buzz Williams has made the move from Texas A&M to Maryland, stepping in as the new head coach for the Terps after spending six seasons with the Aggies. At 52, he led Texas A&M to three consecutive NCAA Tournaments before Kevin Willard took off for Villanova. Williams signed a six-year deal with Maryland, but his work was cut out for him, and several key players left the team.
India & China can rebuild ties on basis of mutual respect: Foreign Secretary Misri
India's Foreign Secretary Vikram Misri highlighted the potential for India and China to rebuild their ties on the 75th anniversary of diplomatic relations, emphasizing mutual respect and interest. He acknowledged past difficulties but noted encouraging developments, including the relaunch of the Kailash Mansarovar Yatra, which signifies practical cooperation.
Sen. Cory Booker delivered an impassioned, marathon speech against Trump administration policies, lasting over 16 hours. He criticized President Trump and Elon Musk for disregarding the rule of law and the needs of Americans. Garnering over 52,000 online viewers, Booker emphasized his duty to address issues harming the nation, from Social Security to foreign policy.
Carson Wentz trades NFL career for coaching role at North Dakota State
Former NFL quarterback Carson Wentz has announced his retirement after nine seasons and is returning to North Dakota State University as the new coach. Replacing Randy Hedberg, Wentz aims to develop the next generation of Bison quarterbacks, including Cole Payton and Nathan Hayes, as NDSU looks to continue its dominance at the FCS level.
Himanta Biswa Sarma slams Muhammad Yunus northeast 'landlocked' remark
Assam CM Himanta Biswa Sarma condemned Bangladesh interim chief advisor Muhammad Yunus for calling Northeast India landlocked and positioning Bangladesh as the guardian of their ocean access. Sarma emphasized the need to enhance railway and road networks around the Chicken's Neck corridor and explore alternative routes, reflecting deeper strategic concerns.
Trump tariffs kick off today: Electronics companies hope for a reprieve
As India seeks a waiver for US reciprocal tariffs, the electronics industry braces for short-term impacts but hopes for favorable bilateral negotiations. The potential tariffs could significantly affect $13 billion of electronics exports, mainly smartphones, which are expected to reach $13.5 billion in the US market in FY25.
J&K: 1 more killed as forces keep up heat on terrorists
A new exchange of fire erupted in Kathua, Jammu, where one infiltrator was killed and two others are still engaged with security forces. The infiltrators are linked to previous sightings and attacks in the area. High-level security reviews are ongoing, and Union Home Minister Amit Shah is set to visit Jammu amidst the tense security situation.
Parliamentary panel urges Centre to boost SC, ST & OBC scholarships
A parliamentary panel directs the Centre to enhance and review scholarships for Scheduled Castes and Other Backward Classes due to insufficient current scholarship amounts. The review aims at timely disbursement and increased support to these students' education expenses, addressing inflation and delays caused by state approvals.
In important European markets this March, Tesla has experienced a major sales slump, furthering a worrying pattern. Chinese electric vehicle makers threaten the company from far increasing competition, and criticism of CEO Elon Musk's political views. Vandalism at Tesla dealerships and protests across Europe are compounding the obstacles they face as well.
SC slams UP body for demolitions, orders Rs 60 lakh relief
The Supreme Court has rebuked the Prayagraj Development Authority for the inhuman and illegal demolition of six houses, mandating compensation of 10 lakhs per house owner. The court emphasized the right to shelter under Article 21 and condemned improper notice serving practices.
Volkswagen, Stellantis, others hit with $495 million EU cartel fine
Volkswagen, Stellantis, and 13 other carmakers, along with their association ACEA, were fined 458 million by EU antitrust regulators for participating in a vehicle recycling cartel. The companies colluded from 2002 to 2017 to avoid competing in advertising recycling capabilities and not paying dismantlers, violating EU rules.
DC Edit | Will Trumps tariff policy undermine US economy?
In response, Trump decided to walk away from the Bretton Woods model, hoping that an isolationist America would thrive economically and industrially
Maruti Suzuki models top the charts, again
Maruti Suzuki India retained its market dominance with the Wagon R, Brezza, and Ertiga models maintaining top five positions in FY25. Despite a slight decline in Wagon R sales, it remains India's best-selling car for the fourth consecutive year. Brezza and Ertiga saw substantial growth, reflecting changing consumer preferences towards SUVs and MPVs.
Microfinance companies target larger loans for better asset quality
Financiers are focusing more on higher-ticket loans (50,000 and above) due to increasing delinquencies and borrower stress in lower-ticket segments. Loan disbursals fell 35% in value and 42% in volume in Q4, with rising delinquencies and borrower overleverage contributing to the decline.
Passenger vehicle sales hit record in FY25 despite demand slowdown
Domestic passenger vehicle wholesales saw minimal growth in FY25, with deferred purchases due to economic uncertainties and inflation. Sport-utility vehicles hit record sales, while electric vehicles had modest growth. Major carmakers experienced varied sales, with Maruti Suzuki and Hyundai seeing slight declines, while Mahindra & Mahindra and Kia India reported increases.
Coal-fired power plants' FY25 closing stock up 16%
India's domestic coal-based power plants ended the financial year with over 55 million tonnes of stock, a 16.1% increase from the previous year. With rising coal production and anticipated higher power demand due to a harsh summer, sufficient coal stocks are crucial for uninterrupted thermal power generation.
NTPC seeks global cooperation for indigenising PWR technology; targets 15 GW nuclear capacity
NTPC Ltd seeks global partners to indigenise pressurised water reactor technology and establish large-capacity nuclear power plants, targeting around 15 GW. This move aims to assess vendor base potential, with a prospect of a global tender subject to government approval, amid India's plans for 100 GW capacity expansion and legal amendments.
MTR parent's revenue growth slows on weak demand
Orkla's revenue in India increased by 4.3% to 2,533 crore in 2024, hindered by high prices affecting demand, especially in rural areas. The company plans a $300 million IPO and aims to improve margins by shifting to high-margin, value-added products.
EU pushes for MFN provision in India trade talks, eyes US-style concessions
The European Union is urging India to include a 'forward most-favoured-nation' clause in their free trade agreement, ensuring any concessions offered to the US will also be extended to the EU. The recent round of talks in Brussels saw little progress, with sticking points remaining on India's government procurement market and tariff negotiations for various sectors.
March Oil imports rise 67% from US, 11% from Russia
Indian refiners significantly increased US crude imports in March, while Russian crude imports rose despite US sanctions. Trump's threats to impose secondary tariffs on Russian oil seem like posturing, as removing substantial Russian oil would raise prices. Indian refiners sourced more crude from the US and Nigeria, cutting back on Saudi and Iraqi imports.
Gearing up for Trump tariffs, India weighs multiple scenarios
India is evaluating the impact of US President Donald Trump's reciprocal tariffs set to be announced on April 2. The Commerce and Industry Ministry is preparing scenarios based on tariff differences and discussing non-tariff barriers with the domestic industry. Trump indicated that India and other countries will be lowering their tariffs significantly.
Gennova Bio joins CEPI to develop vax against Nipah virus
Gennova Biopharmaceuticals, in partnership with CEPI, will advance the development of a self-amplifying mRNA vaccine against Nipah virus with a $13.38 million funding. They will collaborate with the Houston Methodist Research Institute to utilize AI technology for optimizing virus-derived proteins to enhance vaccine targets.
CPSE dividend for FY25 hits record Rs 74,017 crore
Central government's dividend collections from non-financial entities reached 74,017 crore in FY25, a 16% increase from the previous year, despite a 39% drop in disinvestment revenue to 10,131 crore. Major contributions came from state-run petroleum, coal, and power firms.
NREGS work demand rises a tad in March
Work demand under MGNREGS increased by 1.6% in March year-on-year, influenced by an unfavorable base effect. Improved economic activity has limited the increase in demand. The scheme generated 2.88 billion person-days in the last fiscal, surpassing the revised target of 2.43 billion.
Market volatility derails Novartis' plan to sell stake in its India arm
Novartis AG's plan to sell its 70.68% stake in Novartis India faces challenges due to market volatility impacting valuation. Despite strategic reviews and potential interest, fluctuations in stock prices and declining sales present hurdles in reaching a deal, with existing licensing agreements adding complexity.
How MSMEs Can Maintain Growth and Resilience in an Inflationary Economy
Inflation increases the cost of raw materials and production, making it challenging for MSMEs to maintain profitability
