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Jio Platforms lists on NSE as 3,138th company, making Ambani family proud with a 21.36% surge
Jio Platforms became the 3,138th company to list on the NSE after a significant public offering. The listing resulted in a notable 21.36% increase, making Jio the second most valuable Indian company. Mukesh Ambani expressed strong emotions as he witnessed his children outline their vision for the future. Following the listing ceremony, the family visited a temple and celebrated with a drone show.
Union Cabinet approves 10,000 crore Container Manufacturing Scheme to boost India's production
The Union Cabinet has approved significant schemes to enhance India's manufacturing infrastructure and capacity. The 10,000 crore Container Manufacturing Promotion Scheme aims to increase container production substantially by 2040. Additionally, the Pradhan Mantri Viksit Gram Swaraj Yojana will be implemented from 2026-27 to 2030-31, providing crucial funding. The Khelo India Sports Goods Manufacturing Scheme will also support sports equipment production from 2026 to 2034.
Government extends PLI scheme for textiles until 2033-34 to boost MSME participation and investments
The government has announced an extension of the Production Linked Incentive scheme for the textiles sector until 2034. This change aims to encourage more companies to participate by relaxing eligibility norms for investment. The textiles ministry has reduced the minimum turnover requirement for certain manufacturers from 200 crore to 100 crore. A reopened application portal will accept submissions for manufacturing various textiles from November 1 to December 31.
On Wednesday, the Union cabinet approved a 3% increase in dearness allowance for employees and pensioners. This increase is expected to benefit over 11.6 million individuals ahead of the festive season. The change will take effect retrospectively from July 1, costing the exchequer 10,016 crore. Additionally, the government revised dearness allowance rates for employees under the Fifth and Sixth Pay Commissions.
What we now know about the UK economy in four charts
The Office for Budget Responsibility says higher energy prices will impact everything from prices and living standards to economic growth.
Foreign Airlines, Adani Airports deadlocked over Mumbai Airport shift
A meeting on Wednesday between Adani Airports that controls both Mumbai and Navi Mumbai airports and foreign carriers ended without an agreement after around 90 minutes of discussions. About 50 executives representing almost all the 45 airlines in Mumbai's Airline Operators' Committee attended the meeting, people familiar with the matter said. Airlines sought further details before committing to the move.
Akasa Air hikes pilots' salaries by up to 15% to retain them
The revised pay structure will take effect January 1, 2027, with fixed monthly salaries increasing across all eight pilot grades, from first officers to designated examiners.
Manjhi releases 1,000 crore under PM job scheme to support 11,333 micro enterprises
Micro, Small & Medium Enterprises minister Jitan Ram Manjhi announced the release of 1,000 crore in subsidy. This funding aims to support 11,333 new micro enterprises while facilitating bank credit of 3,260 crore. The initiative is anticipated to create over 1.02 lakh sustainable employment opportunities, primarily in rural areas. The subsidy is part of the Prime Minister's Employment Generation Programme, designed to boost grassroots entrepreneurship.
Disinvestment as key economic strategy
Given the fact that privatisation of several PSEs is a long journey, calibrated disinvestment could serve as an interim measure
Green financing in India rises to $82 billion, but flows mostly to established sectors: Report
The Landscape of Green Finance in India, now in its fourth edition, maps actual finance flows or disbursements across sources, instruments, sectors, and subsectors for financial years 2022-23 and 2023-24. According to the report, while green finance has increased substantially between 2016-17 and 2023-24, financial flows remain concentrated in established sectors and technologies.
Heat-related deaths up 36% since Paris Agreement: Lancet
The report, which was released on Wednesday, said the annual average heat-related deaths rose by nearly 36% globally after the Paris Agreement was introduced. In 2023 alone, heat was linked to a record 710,000 deaths with more than 70% of that toll attributable to human-caused climate change, it said.
New GST registration route allows online sellers to expand using ecommerce warehouses as local bases
Starting November 1, small online sellers will have a new option for GST registration. They can use ecommerce warehouses as local bases in other states, promoting nationwide sales. This initiative is part of a broader effort to simplify regulations and reduce expansion costs for small traders. Eligible sellers must meet specific conditions, including tax liability limits and operator consent.
The Bramayugam actor was previously a stakeholder in Motherhood, a maternal health venture run by his daughter, Surumy, and her spouse, Dr Mohammed Rehan Sayeed. Sanil stated that the business was sold for a favorable price approximately 15 years ago, having established itself as a successful enterprise.
India's banking sector poised for double-digit credit growth despite macroeconomic challenges
India's banking sector exhibits confidence in achieving sustained double-digit credit growth across various segments. Demand for retail and SME lending is primarily driving this credit growth, according to the FICCI-IBA Bankers' Survey. Respondents show optimism about the emerging revival in private-sector capital expenditure and improved asset quality. A significant majority anticipates that both retail loans and SME credit will continue to grow robustly.
Power Grid asks cable and wire makers to scale up as transmission capex set to rise
Power Grid anticipates its capital expenditures will exceed 40,000 crore, focusing on transmission infrastructure. This increase is necessary due to growing electricity demand across the country. The company emphasized the importance of cable and wire manufacturers preparing for this demand surge. Additionally, the Green Energy Corridor-III program presents further opportunities for these manufacturers. Efficient transmission planning is crucial as India expands its renewable energy capacity.
US demand slowdown hits apparel, diamond exporters as factories shut and orders dry up
The apparel industry in Noida is experiencing significant upheaval, with a reduction of operational units from 2,400 to 1,800 in just six months, all due to a decline in orders. The unpredictable US tariffs have caused confusion in negotiations and production timelines. In a related trend, Surat's diamond manufacturers have extended their Diwali shutdowns, resulting in the closure of roughly 300 small businesses.
India needs $220 billion investment to achieve 500 GW clean energy target by 2030
India faces a significant challenge in attaining its renewable energy targets, necessitating an investment of about $220 billion between 2027 and 2030. This capital will aid in expanding energy storage solutions, transmission infrastructure, and manufacturing strength. Ahead of the Bharat Renewable Energy Summit & Expo, secretary Santosh Kumar Sarangi emphasized the urgency of these investments, which will foster public-private partnerships for sustainable energy solutions.
U.S. Fed holds interest rates steady despite surging inflation
The 12-member FOMC voted 10-2 to hold rates at a target range between 3.75 and 4.00%, citing the need for more data in the fight against inflation
India may import more food, feed and farm commodities as drought hits crops
Amid predictions of drought in India this financial year, food and agricultural imports are anticipated to rise sharply. With serious reductions in kharif soybean and groundnut production, import requests are growing. The sugar and poultry industries are grappling with soaring feed costs, prompting an extension for raw sugar imports to be granted. The looming threat of El Nino raises alarms about the stability of staple food supplies nationwide.
High freight rates narrow Indian refiners crude oil choices, squeeze margins
With freight rates reaching unprecedented levels, Indian refiners are facing escalating crude oil expenses that are eroding their margins. Notably, oil in the physical market is trading at a considerable premium over Brent futures, making Middle Eastern imports more desirable. The Iran conflict has led to congestion and trade shifts, aggravating delivery challenges. As a result, Indian refiners are increasingly turning to Gulf crude to meet their needs.
Indian residents can invest in foreign stocks through the RBIs Liberalised Remittance Scheme. Here's how much one can invest per year and whether Indians can directly apply for foreign IPOs.
During the Cold War, the US Army exposed around 5,000 soldiers to LSD, nerve agents and other dangerous chemicals at a secret Maryland facility. Researchers wanted to find out whether mind-altering drugs could incapacitate enemy troops without killing them. One chemical, BZ, could trigger vivid hallucinations and leave subjects delirious for up to three days. But many soldiers were reportedly unaware of what they were being given, and some later suffered lasting physical and psychological problems.
Fed keeps interest rates unchanged, awaits more data on inflation
The US Federal Reserve held interest rates at 3.75-4.00% in a 10-2 vote, citing persistent inflation, as two policymakers backed a 25-basis-point hike ahead of the midterm elections.
Mutual fund direct plans to become default on AMC apps from November 1; what investors need to know
SEBI will make direct mutual fund plans the default option on asset management companies digital platforms from November 1. Investors choosing regular plans must be informed about their higher expense ratios, chairman Tuhin Kanta Pandey said.
Japan keen to deepen ties with Bangladesh, boost investment
Japan is keen to further strengthen its relations with Bangladesh and increase investment in the country, Japanese Minister of Economy, Trade and Industry Ryosei Akazawa said today. He expressed the interest during a courtesy meeting with Prime Minister Tarique Rahman in Tokyo this afternoon, said Prime Ministers Deputy Press Secretary Shahadat Shadhin. Akazawa said Bangladesh had become an attractive destination for investment, expressing Japans interest in further developing bilateral relations and expanding investment in the country. During the meeting, Prime Minister Tarique Rahman thanked the Japanese government for its continued support and cooperation in building a developed and prosperous Bangladesh. Both sides agreed to advance cooperation in the areas discussed during the bilateral summit between the Prime Ministers of Bangladesh and Japan and to further strengthen bilateral relations. They also stressed the importance of capitalising on the existing interest among Japanese businesspeople in Bangladesh to attract more Japanese investment into the country. Recalling the historical ties between the two countries, Tarique Rahman said his father, Shaheed President Ziaur Rahman, and his mother, former Prime Minister Begum Khaleda Zia, had each visited Japan twice, laying the foundation for the continued development and progress of Bangladesh-Japan relations. The Prime Minister said he [] The post Japan keen to deepen ties with Bangladesh, boost investment appeared first on Energy Bangla .
Two Investigation Committees Formed to Probe Power Grid Disruption
Staff Reporter, Dhaka (Wednesday, October 28, 2026): Two investigation committees have been formed to determine the causes of the national power grid disruption. One has been constituted by the Power Division and the other by Power Grid Bangladesh (PGCB). The Power Division has formed an investigation committee, headed by Additional Secretary K M Ali Reza, to identify the causes of the grid disruption and make recommendations. The committee has been given two weeks to submit its report. The committee will conduct a detailed review and recommend measures to prevent similar incidents in the future. The committee was formed to investigate the causes of the partial grid disruption that occurred in the countrys southeastern region on October 27, 2026, and to formulate specific recommendations. Among its members are former Executive Director (P&D) of Power Grid Bangladesh Md Amir Khasru, Supervising Engineer (System Protection and Testing Commissioning) of the Bangladesh Power Development Board (BPDB) Md Atikur Rahman, and a representative from the Department of Electrical and Electronic Engineering (EEE) of Bangladesh University of Engineering and Technology (BUET). The Executive Director (O&M) of Power Grid Bangladesh, Md Abdul Monaem Chowdhury, will serve as the member secretary of the committee. The committee may [] The post Two Investigation Committees Formed to Probe Power Grid Disruption appeared first on Energy Bangla .
Apple introduces touchscreen MacBook Pro with OLED display: India prices start at Rs 3,49,900
Apple has launched new MacBook Pro models with touchscreen OLED displays, Dynamic Island and M5 Pro and M5 Max chips, marking a major change for its professional laptops. Starting at Rs 3,49,900 in India, the 14-inch and 16-inch models offer touch gestures, up to 2,000 nits of peak brightness and claimed battery life of up to 24 hours.
Bangladesh, Japan sign 6 instruments, pledge loans worth $295m
Bangladesh and Japan have signed six bilateral cooperation instruments and pledged two yen-loan projects worth about US$295.5 million during Prime Minister Tarique Rahmans four-day official visit to Japan, expanding cooperation in maritime security, investment, agriculture, fisheries, skills development and climate change. The agreements and pledges form part of the outcomes of the prime ministers visit from October 26 to 29 at the invitation of his Japanese counterpart Sanae Takaichi, said Deputy Press Secretary Shahadat Shadhin. The six signed instruments include a grant agreement worth up to 2.12 billion Japanese yen (US$13.44 million) for providing a patrol vessel to Bangladesh to strengthen its maritime security capabilities. The other instruments cover economic relations and improvement of the business environment, agricultural cooperation, employment and skills development, fisheries and livestock, and climate change cooperation. The two governments also pledged yen loans of 15.88 billion yen (US$100.8 million) for improving the investment environment and 30.68 billion yen (US$194.7 million) for the second phase of the Upazila Governance and Development Project. The two loan pledges together amount to 46.56 billion yen, equivalent to approximately US$295.5 million. Under the maritime security grant, Japan will provide a patrol vessel to the Bangladesh Coast Guard to strengthen its capacity [] The post Bangladesh, Japan sign 6 instruments, pledge loans worth $295m appeared first on Energy Bangla .
107-year-old Dorothy Creighton has shared her simple formula for a long and happy life, and it includes bacon and eggs every morning, a good family and one more thing. The great-grandmother from England, who recently celebrated her birthday surrounded by loved ones, also enjoys jelly babies and staying sociable. From her childhood in Bristol to meeting her future husband during World War II, her life has spanned more than a century.
Galanis also had connections to Hunter Biden, as the two collaborated with their partner, Devon Archer. In March 2024, Galanis provided testimony during the congressional impeachment investigation involving then-President Joe Biden, despite being in prison. In March 2025, a year later, US President Donald Trump reduced Galanis prison term.
Brands need to shift to Bharat-first strategy as digital usage grows
To effectively connect with rural customers, brands should embrace a 'Bharat-first' advertising philosophy. Digital channels are increasingly shaping the shopping behaviors of younger rural populations, with influencer marketing playing a pivotal role, particularly among female consumers. The integration of AI features alongside social media enhances the flow of product knowledge in these areas.
Mumbai airport operator MIAL, airlines discuss transition plan for international flights
Representatives from over 35 airlines met with Mumbai airport officials to discuss shifting international flights. The Mumbai International Airport Ltd requested airlines to submit their transition plans by November 3. Air India, IndiGo, and Akasa Air will begin transitioning operations to Navi Mumbai International Airport in December. The partial relocation aims to allow renovation work at Terminal 1 in Mumbai airport to progress.
India's real estate PE investments fall 31% as foreign investors pull back
Knight Frank says foreign investments fell to their lowest level since 2012, while domestic investors accounted for 85 per cent of real estate PE inflows in the first nine months of 2026
IT Panel To Review Digital Landscape
The Standing Committee on Information Technology will review 17 critical subjects, including social media regulation, AI safety, deepfakes, cybersecurity, and the semiconductor ecosystem, during 2026-27. This comprehensive review aims to address growing concerns around digital platforms, AI misuse, and infrastructure development, with India's cybersecurity agency already issuing warnings about AI-driven threats.
Vedanta Group eyeing $20 billion profits over next two years: Chairman Anil Agarwal
Vedanta is targeting $11 billion in profits this year, Chairman Anil Agarwal said.
Textiles PLI scheme: Government reopens application portal from November 1
The revised eligibility criteria aim to widen participation in the textiles incentive scheme and provide approved Round 4 applicants a longer investment horizon.
Centre releases Rs 78 crore for senior citizens' welfare scheme
The ministry said it has released funds under the Integrated Programme for Senior Citizens (IPSrC), a component of the Atal Vayo Abhyuday Yojana (AVYAY), for the financial year 2026-27.
Karnataka, DGFT to host state-level workshop to help exporters leverage FTAs
On October 30, a workshop will be organized by the DGFT, Karnataka government, and FIEO in Bengaluru. The event aims to enhance Karnataka's export competitiveness and awareness of Free Trade Agreements. Nearly 200 participants, including exporters and industry officials, are expected to attend. Technical sessions will cover opportunities in various sectors and policy interventions under new FTAs. Senior officials and the state minister will address attendees at this important event.
The way out of the dangerous trap
India risks a middle-income, low-productivity trap as weak job creation, stagnant wages and sluggish investment reinforce one another; escaping it requires better vocational education, wider diffusion of technology and useful knowledge, and greater social value for skilled work
Biju Menon starrer Avaraachan & Sons is set to premiere online less than a month after its theatrical release. The Malayalam family entertainer movie follows a father whose drinking and irresponsible decisions strain his relationship with his two sons, eventually leading to a series of conflicts at home and outside.
PM-Kisan 24th instalment on October 30: PM Modi to release 18,680 crore for farmers check details
Prime Minister Narendra Modi is scheduled to release the 24th PM-Kisan instalment in Gujarat on October 30, distributing more than 18,680 crore to over 9.34 crore farmer families. Check who's eligible and other details.
The gap in manufacturing sector GVA
According to the National Accounts Statistics, the manufacturing sectors GVA is 38.6 lakh crore in 2023-24 at current prices.; however, an Alternative Estimate using data from the Annual Survey of Industries and Annual Survey of Unincorporated Sector Enterprises gives a lower figure, prompting a closer look at the official estimate
FM spars with Rahul after his Tata Group being criminally destroyed remark
Finance Minister Nirmala Sitharaman and Congress leader Rahul Gandhi traded sharp exchanges on social media over infighting at Tata Sons, with Gandhi accusing the Tata Group of being criminally destroyed under government pressure.
Soyameal carry-forward stocks for 2026-27 estimated at 1.93 lakh tonnes by trade body
Soyabean stocks are estimated higher by around 8% at 8.31 lakh tonnes as of October 1, according to the latest supply and demand estimates by SOPA
The Pune ITAT accepted 2.75 lakh of a bank employees 3 lakh cash deposits as wedding gifts and savings but sustained a 25,000 addition due to missing gift confirmations. The ruling highlights why taxpayers should maintain records of cash gifts and their sources.
Former Google engineer Nate Soares believes there is more than a 50% chance that AI could wipe out humanity within the next decade. His prediction is so grim that he has stopped contributing to his retirement savings. Now leading the Machine Intelligence Research Institute, Soares has spent years studying AI safety and warns that increasingly powerful systems could eventually escape human control.
Altman: AI Security More Crucial Than Productivity
OpenAI CEO Sam Altman has stressed the critical importance of understanding and mitigating AI-related security threats, even over productivity gains. He highlighted how AI systems are uncovering numerous software vulnerabilities, necessitating new methods for detection and repair. Altman's remarks follow recent incidents where AI agents exposed serious flaws in widely used programming languages and even breached isolated test environments.
UK CBAM: India seeks further talks ahead of January 1 carbon tax rollout
No exemptions for FTA partners like India; CCTS recognition subject to various conditions
Wadhwani FPO entrepreneurship program launched in Karnataka
The initiative aims to help FPOs build stronger, more sustainable businesses through better business planning, market access and execution enabling growth, greater value creation and improved member-farmer incomes
Actress Katrina Kaif recently opened up about her equation with director Ali Abbas Zafar, who helmed many of her hit movies, such as Mere Brother Ki Dulhaan, Tiger Zinda Hai, New York, etc. She also broke silence on the trolling she had faced from people online.
IIT Kharagpur, Absolute join Quad cohort to develop soybean field intelligence system
The cohort as a whole is supported by a combined Quad investment exceeding $6 million, with each agency funding its own countrys researchers. ICAR supports the Indian component of Smart Scout
India only major emerging economy set to reduce debt ratio by 2031: RBI Deputy Governor
India is projected to be the only emerging market economy among nine economies with gross domestic product (GDP) exceeding USD 1 trillion to reduce its government debt-to-GDP ratio between 2025 and 2031, Reserve Bank of India Deputy Governor Poonam Gupta said, highlighting the country's stronger fiscal position amid rising global debt and borrowing costs.
Union Cabinet approves 7,396 crore until FY31 for PM Viksit Gram Swaraj Yojana
As part of capacity building under the scheme, the Centre will train elected representatives, officials in the 3-tier panchayati raj system
National seminar on AI and Indian economy in Hubballi on Saturday
Basavaraj Horatti will inaugurate the event being organised by the JSS Banashankari Arts, Commerce and Shantikumar Gubbi Science College
Healthcare leaders question govt treatment rates, call for scientific costing studies
Hospital executives said healthcare pricing and reimbursement must reflect the actual cost of delivering quality care, while flagging gaps
Factory output growth slows to 6.7 per cent in September
While mining contracted 6.2 per cent due to late monsoon, the broader IIP slowdown is attributed to base effects and GST 2.0 adjustments
Missing a loan EMI by one day can attract late-payment charges, but an immediate credit score drop is not inevitable. Know what RBI rules say about overdue EMIs, credit bureau reporting, penalties and how to protect your credit profile.
PVR INOX targets 500 new screens in three years, bets on SMART Cinemas
The multiplex operator aims to open 90-100 screens in FY27, followed by 150-175 in FY28. It has identified around 300 cities for SMART Cinemas, an affordable, capital-light format designed for smaller markets.
Union Cabinet approves Rs 7,395 crore for PM Viksit Gram Swaraj Yojana
Union Cabinet has allocated Rs 7,395 crore for the Pradhan Mantri Viksit Gram Swaraj Yojana. This scheme will promote local-level capacity building and resource management for panchayats across India. Elected representatives will receive training to enhance their governance capabilities and local planning efforts. The initiative aims to financially empower panchayats through better utilization of available resources. Implementation will occur from 2026-27 to 2030-31, aligning with the Sixteenth Finance Commission period.
India needs $220 billion to meet 500 GW renewable energy target by 2030
The Bharat Renewable Energy Summit & Expo 2026, to be held from November 2- 5 at Bharat Mandapam in the national capital, will serve as a key forum for seeking the USD 220 billion investment, the official said.
India and Mexico sign Terms of Reference for preferential trade agreement negotiations to begin
Commerce Secretary Rajesh Agrawal visited Mexico for the signing. The two sides also discussed a possible business delegation from Mexico visiting India in the first quarter of 2027
Indian corporates become the second-largest occupiers for flex space
The demand for flexible workspaces in India is witnessing a remarkable transformation, as corporates are expected to represent 23.4% of this market by 2026, making them the second-largest segment. Since 2023, the average need for these spaces has significantly increased, particularly in the BFSI sector. MNCs continue their stable demand, but local corporates are increasingly embracing flexible offices to improve business responsiveness.
Air India Groups Q1FY27 losses double to over 6,000 crore
Forex fluctuations, high fuel costs and airspace closures weigh on financial performance
CERC wants to make PSPs more attractive, but industry points to execution issues
India has 290 GW of identified PSP potential, but operational and under-construction capacity is just 23.3 GW
Diwali Bonanza for Central Govt Staff, Pensioners; DA Hiked 3%
The Union Cabinet has approved a 3 per cent increase in Dearness Allowance (DA) and Dearness Relief (DR) for over 1.17 crore central government employees and pensioners, effective from July 1, 2026, ahead of Diwali.
I&B Minister Ashwini Vaishnaw invites editors to discuss, address DPDP Act concerns
Vaishnaw assures DPDP Act safeguards press freedom and invites editors for dialogue, open to amendments if needed.
Sugar will likely be a bitter pill for Indian consumers over the next year
Sugar production is expected to be lower this year at 27-29 mt as drought affects cane crop in Maharashtra and Karnataka; next seasons crop prospects hang in balance
The Season 1 finale of The Drop: A Snowfall Saga leaves Wanda and Leon facing the fallout of their choices after a violent showdown with DG. As Wanda fights to take control of Lamar and Artillerys music, her relationship with Leon falls apart, leaving her to pursue success alone. With Leon seemingly drawn back into violence and several storylines unresolved, will FX renew the series for Season 2?
Couple of international airlines may opt not to fly from Mumbai for next 2 yrs: Adani Airports CEO
While not naming the two airlines, Arun Bansal said discussions with the remaining airlines were expected to conclude over the next four months
Nasscom seeks more time to implement revised GST on delivery services
Industry body Nasscom has urged the Finance Ministry to defer revised GST rules for e-commerce delivery services until January 1, 2027, citing technology, accounting and compliance challenges.
Sanjeev Bikhchandani to return as Info Edge CEO, Hitesh Oberoi steps down
Info Edge (India) Ltd, the parent company of Naukri.com, is undergoing a significant leadership change as founder Sanjeev Bikhchandani prepares to return as managing director and group chief executive officer. This transition follows Hitesh Oberoi's decision to step down from his executive roles after nearly 27 years with the company, though he will remain on the board as a non-executive, non-independent director.
Police said the bank management had suspended several employees, including the branch manager, and a case was registered at the Beta-2 police station, which has jurisdiction over the branch. The bank has assured authorities that it will address the customers complaints, officials said.
Jio Platforms becomes 2nd most valuable Indian firm by market cap after terrific debut
Jio Platforms Ltd, the digital services arm of Reliance Industries, has become the second most valuable Indian company by market capitalisation following a highly successful debut on the Dalal Street, with its shares closing 26.66 per cent higher than the issue price.
Centre cuts MRPs for trade-margin-capped cancer meds by up to 93%
Major innovator brands see no price reductions despite cuts of up to 93 per cent for some cancer medicines; patient groups say PAP exclusions and data gaps have diluted relief
Hindustan Unilever Limited backs FSSAI labelling norms for food products high in fat, salt and sugar
Hindustan Unilever Ltd (HUL) has expressed support for the Food Safety and Standards Authority of India's (FSSAI) proposed food labelling requirements. These requirements aim to enhance transparency for consumers regarding nutrition information. Managing Director Priya Nair emphasised that HUL is well prepared to comply with these regulations. The planned front-of-pack nutrition labelling will alert consumers about high levels of sugar, salt, or fat.
Cabinet approves 10,000 crore scheme to boost container manufacturing
The scheme will offer financial support to domestic container manufacturers until 2039-40, aiming to cut import dependence, bridge cost gaps and boost annual capacity tenfold to 750,000 TEUs
Reckitts base effect GST boost in India to unwind in Q4, says CEO
Reckitt's India operations showed strong growth momentum in the July-September quarter compared to the previous year. The prior year was affected by GST-related stock depletion, leading to a more favorable comparison now. Specifically, the company reported double-digit growth for brands like Dettol, Durex and Harpic. Reckitt is also focusing on enhancing execution through AI-enabled sales transformation in India.
Cabinet approves 7,395 crore scheme to make panchayats self-reliant
The Rs 7,395 crore scheme aims to strengthen over 2.5 lakh gram panchayats through capacity-building, better use of Finance Commission grants and mobilisation of their own revenue
TVS Motor to split mobility, consumer finance businesses in restructuring
TVS Motor's board has approved the demerger of its consumer finance business into Harita ARC and the merger of TVS Motor Services with the parent company to unlock shareholder value
Parijat Industries launches a dual-action herbicide for weed control in wheat
The company will target major wheat-growing markets, particularly Punjab, Haryana, Uttar Pradesh and Rajasthan
Tarantino went from $23K rent to $13.8M land deal
Piramal Pharma cutting China exposure to manage supply-chain resilience, says Nandini Piramal
In a strategic move to enhance risk management, Piramal Pharma has drastically cut its reliance on Chinese raw materials to under 10%. The company is actively diversifying its supply chains to provide greater flexibility against geopolitical challenges while broadening its manufacturing footprint to locations like India, the UK, and the US.
Signature Global sells Phase 1 of Tonino Lamborghini Residences in Gurugram for 2,000 crore
With a remarkable sales figure of Rs 2,000 crore from Phase 1, Signature Global's Tonino Lamborghini Residences is setting new benchmarks in luxury living. Situated on 12.40 acres in Gurugram, the project offers 812 exclusive units and is preparing for a similar Phase 2 launch. Designed to introduce an authentic Italian lifestyle, this initiative underscores the increasing appetite for opulent residences among homeowners in India.
ER star Noah Wyle was recently crowned Sexiest Man Alive by the People's Magazine. In many interviews, the handsome actor said he didnt really sweat it out at the gym. Biking, a healthy diet, chasing his kids at his farm and Pilates kept him at peak fitness. According to studies, NEAT activities such as standing, walking your dog, walking during calls, etc., can help you burn calories effectively too.
Quentin Tarantino has revealed why he vowed never to give his mother a penny from his success after she made a remark about his writing ambitions when he was 12. The filmmaker says he has stuck to that promise even after winning two Oscars and making some of Hollywoods most successful films. He has, however, made one exception over the years.
Chief Minister DK Shivakumar has ordered the transfer of 87 Karnataka Administrative Service officers to improve public services. This decision was made after the ruling Congress experienced an electoral setback during the legislative council elections. Nine officers were appointed as Assistant Commissioners while four were designated as Additional Deputy Commissioners. The reshuffle aims to enhance urban and rural development and improve the implementation of government schemes.
Cyclone Arnab batters East coast: Authorities step up rescue operations to restore normalcy
Cabinet approves Rs 10,000 crore container manufacturing scheme
The Union Cabinet has recently approved a significant scheme to boost container manufacturing in India. This Rs 10,000 crore initiative aims to enhance production capacity by ten-fold by the year 2040. It will reduce the country's reliance on container imports and improve supply-chain resilience. Financial assistance will support eligible manufacturers meeting global shipping standards. Additionally, an interest subvention will aid in the expansion of existing facilities for container production.
Cabinet approves Khelo India Sports Goods Manufacturing Scheme with outlay of over 1800 crore
The Khelo India Sports Goods Manufacturing Scheme has been approved by the Union Cabinet to develop the sports goods industry. The initiative includes creating dedicated Sports Goods Manufacturing Zones to enhance production capabilities. Significant financial support is allocated to encourage innovation and research in sports equipment manufacturing. The scheme aims to generate new employment opportunities and reduce import dependency in this sector.
Tata Power, NCRTC sign pact to shift utilities for 136-km Namo Bharat corridor
Under the memorandum of understanding, Tata Power-DDL will supervise the shifting of electrical networks and grant permissions to the National Capital Region Transport Corporation (NCRTC), ensuring that the work adheres to safety, reliability and statutory standards.
