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Mangalore News

Mangalore / The Hindu Businessline

Foreign banks expect RBI to keep rates unchanged in October MPC meeting

The central banks MPC has kept the repo rate unchanged for the ninth consecutive time

15 Sep 2024 10:05 pm
Leveraging AI: Technology is shaping the future of tax services

Ernst & Youngs Priyanka Chaudhry says tax is a seasonal business with compliance deadlines concentrated in certain parts of the year, so there is a need to balance the workload

15 Sep 2024 9:40 pm
BJP MP demands action against Flipkart, Amazon for anti-trust violations after CCIs investigation

BJP MP Praveen Khandelwals demand against e-commerce giants Flipkart and Amazon follows a detailed investigation by CCI reportedly exposing anti-competitive practices

15 Sep 2024 8:35 pm
TRAI recommends VNOs partner with multiple telecom operators to boost quality of services

Telecom Regulatory Authority of India recommends that a VNO be permitted to take connectivity from one operator for wireless access service and another for wireline access service

15 Sep 2024 7:04 pm
FinMin asks PSBs to undertake pilot of new credit assessment model for MSMEs

Indian Banks Association to spearhead the implementation of this initiative; expected to launch it by end of fiscal

15 Sep 2024 4:33 pm
15 Sep 2024 4:31 pm
RBI plans to revamp currency management infrastructure for future cash needs

The current currency management infrastructure needs modernisation to ensure adequate capacities (factoring future needs), the RBI said.

15 Sep 2024 3:43 pm
India is an exception to global long-term growth decline trend: Indermit Gill

I think that India right now is at its peak potential in terms of its demography, Gill said

15 Sep 2024 11:18 am
ICF, BEML set out to develop high-speed trains

The country is also considering developing more such high-speed corridors over the next few years.

15 Sep 2024 10:23 am
Cultivating sustainability: How managed farmlands are leading waste management revolution

Through mindful choices and sustainable practices, we can protect our planets future

15 Sep 2024 9:30 am
UST unveils GenAI platform to transform retail operationswith Generative AI-drive solutions

Aims to scale adoption of Generative AI, backed up programme to train 25,000 employees, says CEO

15 Sep 2024 9:04 am
CCI accuses Amazon, Flipkart of colluding with Samsung, Xiaomi for online exclusives

The CCIs investigation, initiated in response to retailer complaints, could result in fines and mandates for changes in business practices

14 Sep 2024 11:49 pm
Basmati, onion farmers to gain as Government eases export rules

The Centre has introduced several pro-farmer initiatives approved by a panel led by Amit Shah, aimed at increasing farmers income, especially in regions like Haryana and Maharashtra.

14 Sep 2024 11:38 pm
InCred Financial Services receives first ESG rating from ICRAs arm

InCred received an Impact 57, Moderate rating, indicating a moderate commitment to ESG principles and room for improvement in adopting comprehensive sustainability practices.

14 Sep 2024 11:06 pm
Maharashtra Govt reschedules Eid-e-Milad holiday to September 18, RBI notifies market changes

As a result, on September 18, markets including Government securities, foreign exchange, money markets, and rupee interest rate derivatives will remain closed, with all settlements postponed to September 19

14 Sep 2024 10:59 pm
Tuticorin Airports new terminal and runway extension set for completion by December 2024

The 381 crore upgrade includes extending the runway for A-321 aircraft, building a new terminal to serve 20 lakh passengers annually, and enhancing facilities with energy-efficient, modern amenities

14 Sep 2024 10:49 pm
Indias import duties are too high, must come down, says CEANageswaran

Chief Economic Adviser V Anantha Nageswaran says India will be able to become a major exporting nation only after tariffs come down

14 Sep 2024 8:52 pm
Polymatech to invest $16 million in a new chip facility in Bahrain

The new facility, to be branded as Atri, will focus on producing components for 5G and 6G technologies

14 Sep 2024 6:25 pm
Export duty cut will help onion farmers get a good price: Shivraj Singh Chouhan

Duty reduction to help other onion related sectors also, Chouhan said

14 Sep 2024 3:09 pm
Investment needed in education, skilling to support Indias growth: WTO chief economist Ralph Ossa

WTO concerned about geopolical tensions affecting trade, leading to fragmentation

14 Sep 2024 12:19 pm
Even Facebook couldnt compete with Google, Ex-Ad Chief says

But by 2017, Facebook had concluded that it would struggle to effectively compete against Google because of its monopoly and the advantages the search giant gives itself within its advertising tools

14 Sep 2024 11:18 am
Chinas steel crisis sends August output to lowest since 2017

Production of crude steel was down 10.4 per cent from a year earlier to 77.9 million tonnes, according to the National Bureau of Statistics

14 Sep 2024 11:14 am
OpenAI's stunning $150 billion valuation hinges on upending corporate structure, sources say

The outsized funding round has seen strong investor demand and could be finalized in the next two weeks, given the rapid growth of OpenAI's revenue, sources added

14 Sep 2024 10:50 am
Powering the future of farming: How EV tractors are redefining agricultural efficiency

They offer a cost-effective, environmentally friendly, and reliable alternative to traditional diesel-powered machinery

14 Sep 2024 9:30 am
How major challenges in agricultural waste management can be addressed

With coordinated efforts from governments, private sector and local communities, they can be effectively addressed

14 Sep 2024 9:00 am
India hikes customs duty on edible oils, aims to boost local oilseed production

The new tax will increase the total import duty on crude palm oil, crude soyoil, and crude sunflower oil to 27.5%, up from the previous 5.5%, and refined oils will now attract a duty of 35.75% compared to the earlier 13.75%.

13 Sep 2024 11:31 pm
Rail revolution: Vande Bharat trains set new speed and service standards

Integrated Coach Factory (ICF) won the businesslines Changemaker of the Year award 2024 for its Vande Bharat trains

13 Sep 2024 10:53 pm
ICF, maker of Vande Bharat trains, wins businesslines Changemaker of the Year award; Ashok Jhunjunwala is crowned Iconic Changemaker

FM Nirmala Sitharaman gave away the awards at the sixth edition of the event that honours human catalysts

13 Sep 2024 10:48 pm
WHO pre-qualifies first mpox vaccine from Bavarian Nordic

The MVA-BN vaccine can be administered in people over 18-years of age in a two-dose regimen

13 Sep 2024 8:47 pm
BoB to launch 7 phygital branches as a pilot project

These branches integrate self-service and assisted service models

13 Sep 2024 8:34 pm
SpiceJet's market share drops to 2.3% in August; overall air traffic grows 1.5% month-on-month

IndiGo continues its leadership in domestic market with its market share rising to 62.4% in August

13 Sep 2024 7:29 pm
Indian government scraps $550/tonne onion export floor price

40% export duty remains but trade expects it to be cut or removed soon

13 Sep 2024 6:58 pm
Cotton exports up 80% at 28 lakh bales in 2023-24 season

Consumption estimated at around 317 lakh bales for the season

13 Sep 2024 6:28 pm
Indias position on fish negotiations at WTO gets support from many developing countries

Efforts on at WTO to conclude negotiations by year-end; small fishers want better deal

13 Sep 2024 6:00 pm
IIL launches Indigenous in-vitro fertilisation media for embryo transfer

Presently, around 8,000 to 10,000 embryos are transferred annually in India, leading to the birth of approximately 2,000 to 2,500 calves

13 Sep 2024 5:22 pm
Solarium Green Energy files papers with BSE SME for IPO

The objective of the issue is to meet working capital requirements and to address general corporate purposes

13 Sep 2024 4:59 pm
Madhabi Puri Buch refutes claims, affirms adherence to SEBI norms

The statement clarified Madhabis non-involvement with Agora Advisory or Agora Partners after joining SEBI and addressed recent allegations about services provided by these firms to Sembcorp and Visu Leasing.

13 Sep 2024 4:57 pm
AWS chooses 7 generative AI startups from India for global AWS Generative AI Accelerator

The Indian cohort also represents the highest number of startups selected from a country in the Asia-Pacific region for the AWS Global Generative AI Accelerator program

13 Sep 2024 4:46 pm
CMFRI designated as Centre of Excellence for seaweed cultivation

This Centre will promote sustainable seaweed farming practices and address key challenges in the area with an aim to enhance Indias role in the global seaweed industry

13 Sep 2024 4:31 pm
Directorate of Cashew Research launches tracking system to help growers, plants sellers

CFTS uses a QR code system to provide detailed information on cashew grafts, allows sellers to track location and spread of different varieties

13 Sep 2024 3:54 pm
CIFT recognised as Fisheries Incubation Centre under PMMSY

It will foster innovation and entrepreneurship in the fisheries and aquaculture sectors

13 Sep 2024 3:52 pm
Export demand lifts orthodox tea prices at Kochi auctions

No sales next week due to Onam holidays

13 Sep 2024 3:33 pm
GE Shipping to sell Suezmax crude tanker, Jag Lalit, as part of fleet adjustment strategy

The vessel, with a capacity of approximately 158,344 dwt, will be delivered to an unaffiliated third party by the third quarter of fiscal year 2025.

13 Sep 2024 3:24 pm
Macpower CNC Machines to increase manufacturing capacity by 25%

The company aims to increase its annual production from 2,000 to 2,500 machines, including the construction of a new 40,000-square-foot assembly unit.

13 Sep 2024 3:15 pm
RBI Guv warns against stretched valuations, says sudden shocks can spread stress across markets

While stocks have been supported by strong earnings, narrowing of corporate spreads has coincided with rising episodes of corporate defaults, says RBI Governor

13 Sep 2024 2:40 pm
MPC cannot afford to look the other way despite moderating inflation: RBI Guv Das

Inflation has moderated from peak of 7.8% in April 2022; but we still have distance to cover, says RBI Governor Shaktikanta Das

13 Sep 2024 1:54 pm