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Mumbai, Apr 7 (PTI) Finance industry veteran Uday Kotak on Tuesday cautioned that the West Asia conflict triggered by the US-Israel attack on Iran portends a return of colonialism. Kotak, a non-independent director and founder of private sector lender Kotak Mahindra Bank, said this phase was last seen in the early years of the 20th century. "We are at a very important cusp of what I call as return of global colonialism, something which Federation of Indian Chambers of Commerce and Industry (FI ...Read More >
Mumbai, Apr 7 (PTI) Shipbuilding and heavy fabrication firm Swan Defence and Heavy Industries Limited (SDHI) on Tuesday said it has secured an order from Energy ONE Ltd to construct four dual-fuel ammonia bulk carriers. The first vessel under the Category 4 order is expected to be delivered in October 2029, with subsequent deliveries scheduled at four-month intervals, SDHI said. An order valued between Rs 1,501 crore and Rs 3,000 crore falls under Category 4. These Category 4 vessels will be ...Read More >
JAMMU, Apr 3: Jammu and Kashmir's Gross State Domestic Product (GSDP) growth moderated to 11.18 per cent in 2024-25, down from 12.51 per cent in the previous financial year, though it has remained in the 11-12 per cent range over the past four fiscals, according to the Comptroller and Auditor General (CAG). Follow the Daily Excelsior channel on WhatsApp The CAG report on Union Territory Finances for the year 2024-25 was tabled in the legislative Assembly by the Chief Minister Omar Abdullah on ...Read More >
Jammu: Jammu and Kashmir's Gross State Domestic Product (GSDP) growth moderated to 11.18 percent in 2024-25, down from 12.51 percent in the previous financial year, though it has remained in the 11-12 percent range over the past four fiscals, according to the Comptroller and Auditor General (CAG). The CAG report on Union Territory Finances for the year 2024-25 was tabled in the legislative Assembly by the Chief Minister Omar Abdullah on Thursday, also showing that Jammu and Kashmir's share in I ...Read More >
Jammu, Apr 3 (PTI) Jammu and Kashmir's Gross State Domestic Product (GSDP) growth moderated to 11.18 per cent in 2024-25, down from 12.51 per cent in the previous financial year, though it has remained in the 11-12 per cent range over the past four fiscals, according to the Comptroller and Auditor General (CAG). The CAG report on Union Territory Finances for the year 2024-25 was tabled in the legislative Assembly by the Chief Minister Omar Abdullah on Thursday, also showing that Jammu and Kashm ...Read More >
Important topics and their relevance in UPSC CSE exam for February 22, 2026. If you missed the February 21, 2026, UPSC CSE exam key from the Indian Express, read it here. ARTICLE CONTINUES BELOW VIDEO FRONT Trade to rare earths: India and Brazil for a stronger Global South Syllabus: Preliminary Examination: Current events of national and international importance. Mains Examination: General Studies-II: Bilateral, regional and global groupings and agreements involving India and/or affecting ...Read More >
Bhubaneswar, Dec 16 (SocialNews.XYZ) Odisha Chief Minister Mohan Charan Majhi on Tuesday hailed the successful hosting of the state's first-ever Pharma Summit, calling it a historic step towards positioning Odisha as a major hub for pharmaceuticals and medical devices manufacturing. Speaking to media persons, the Chief Minister said the summit witnessed participation from stakeholders across nearly 20 countries, reflecting growing global confidence in Odisha's industrial ecosystem. He announced ...Read More >
A Memorandum of Understanding (MoU) for a capital investment of Rs 17 thousand crores was signed by Gujarat Maritime Board and Gujarat Pipavav Port Limited (APM Terminals) in Gandhinagar on Wednesday in the inspiring presence of Chief Minister Patel and AP Moller-Maersk Board Chairman Robert Maersk Ugla. In line with the vision of 'Samudra Se Samriddhi' given by Prime Minister Narendra Modi, the Gujarat government, under the leadership of Chief Minister Bhupendra Patel, has taken an important s ...Read More >
Mumbai: Vodafone Idea (Vi) may finally be seeing the first signs of a turnaround after years of financial distress. The Supreme Court's recent decision allowing the government to re-examine the company's adjusted gross revenue (AGR) dues has brought cautious optimism to the telecom sector. The verdict gives the government -- already holding a 49 percent stake in Vi -- the flexibility to explore a possible restructuring of dues that have long strained the company's balance sheet. The move is wid ...Read More >
MUMBAI: Early backers like Softbank, Temasek, Kedaara and the promoters of eyewear player Lenskart Solutions, which is the latest unicorn to hit the market with a Rs 7,278-crore IPO at a price-band of Rs 382-402 per share, are eyeing windfall gains of 145% to 5,200%. The issue, opening on October 31, consists of Rs 2,150 crore worth of fresh issue and the rest in secondary issuance by promoters and external investors like the Japanese powerhouse Softbank, the Singaporean sovereign wealth fund T ...Read More >
New Delhi, Oct 24 (SocialNews.XYZ) The Ministry of Coal has handed over another three coal blocks to successful bidders, under the commercial auction route, for which the Coal Mine Development and Production Agreements were signed on August 21 this year, according to an official statement issued on Friday. The blocks for which vesting orders were issued on Thursday, include Rajgamar Dipside (Deavnara), Tangardihi North and Mahuagarhi. Among these, 2 blocks are partially explored and 1 block is ...Read More >
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Minister of Petroleum and Natural Gas Hardeep Singh Puri said on Friday that India and Brazil have agreed to expand their partnership in oil exploration and production, with Indian upstream oil companies such as ONGC expected to participate in upcoming offshore projects in the Latin American country. New Delhi, Minister of Petroleum and Natural Gas Hardeep Singh Puri said on Friday that India and Brazil have agreed to expand their partnership in oil exploration and production, with Indian upstr ...Read More >
New Delhi: India and Brazil on Thursday agreed to deepen their economic engagement by expanding the scope of their Preferential Trade Agreement (PTA) under the Mercosur framework. As a part of this effort, the two countries have set a new bilateral trade target of $20 billion by 2030, up from $12 billion in 2024. At the India-Brazil Business Dialogue in New Delhi, Brazil's Vice President and Minister for Development, Industry, Trade & Services, Geraldo Alckmin, said the two nations were "comple ...Read More >
The announcement comes at a time when US President Donald Trump has been asking American companies to prioritise domestic investment. India has emerged as a key destination for AI data centres. The country's low data costs and rapidly growing internet user base have made it a hub for cloud and AI expansion for tech giants. Alphabet CEO Sundar Pichai said the facility "will bring our industry-leading technology to enterprises and users in India, accelerating AI innovation and driving growth acr ...Read More >
EAAA Alternatives, formerly known as Edelweiss Alternatives, has raised a $60 million commitment from the European Investment Bank (EIB) for its India Energy Transition Fund, which targets a corpus of USD 300 million. The fund will be used for investing in renewable energy, energy storage, electric mobility, and other green infrastructure assets. "The fund has a target size of $300 million and will channel equity and quasi-equity into greenfield infrastructure projects and growth-stage compani ...Read More >
Thiruvananthapuram, Oct 1 (UNI) Kerala has created history by becoming the first state in India to introduce a comprehensive Environment, Social and Governance (ESG) policy, aimed at bringing sustainability and ethical governance practices into the mainstream of industrial and entrepreneurial activities. The ESG policy is designed to attract investments that comply with global sustainability principles and position Kerala as the leading Indian destination for responsible and transparent busines ...Read More >
The fund will support purchase and operations of 1,455 e-buses, which will be deployed across Maharashtra, Assam, and Gujarat JBM Ecolife Mobility, a subsidiary of JBM Auto, on Thursday said it has secured a $100 million long-term capital investment from the International Finance Corporation (IFC) to support the purchase and operations of 1,455 electric buses. The buses will be deployed across cities in Maharashtra, Assam and Gujarat. Nishant Arya, Vice Chairman and Managing Director, JBM Auto ...Read More >
Alibaba posted 26% cloud revenue growth to 33.4 billion yuan, fueled by heavy AI investment, even as weaker ecommerce sales dragged overall revenue 2% below estimates. China's Alibaba said on Friday artificial intelligence was key to expanding its cloud computing business, as it reported strong quarterly growth in the sector despite its wider operations missing revenue estimates. US-listed shares in the company were up 8% at the market open. Revenue in Alibaba's cloud segment surged 26% to 33. ...Read More >
New Delhi, Aug 25 (PTI) Rachit Prints Ltd, a Meerut-based speciality fabric manufacturer, on Monday said it has fixed the price band at Rs 140-149 per share for the Rs 19.5 crore IPO, which will open for subscription on September 1. The initial public offering (IPO) will conclude on September 3 and the shares of the company will be listed on BSE's SME platform, the company said in a statement. The public issue is entirely a fresh issue of up to 13.08 lakh equity shares with a face value of Rs ...Read More >
New Delhi [India], August 20: Many elements can impact the market price of Bitcoin. These changes can make prices move up and down in tiny and big ways. These changes contribute to the instability of this intricate system. The overall status of the economy, supply and demand, government programs, investor attitude, and technical progress are all crucial. Speculative trading makes the market significantly more unstable since buyers and sellers respond swiftly to news and trends. Signs of the econ ...Read More >
New Delhi: Delhi govt has decided to set up a single-window system at the district level to handle all permissions and no-objection certificates required for holding Ramlila performances across the city. It has also decided to constitute a special committee to resolve any issue regarding the organisation of the events and ensure that the committees do not face any problem in seeking approvals.The decisions were made at a special meeting held at Raj Niwas under the chairmanship of lieutenant gove ...Read More >
Bhubaneswar: A state cabinet meeting, chaired by chief minister Mohan Charan Majhi, on Wednesday approved the establishment of an aircraft maintenance, repair and overhaul (MRO) facility at the Bhubaneswar airport. The project, spearheaded by Air Works India (Engineering) Pvt Ltd, will receive an additional incentive package of more than Rs 80 crore, supplementing the existing industrial policy.Briefing media persons after the cabinet meeting, chief secretary Manoj Ahuja said the facility would ...Read More >
Back in April, Trump had announced tariffs of up to 27% on Indian goods, which was later paused. Since then, both sides have been racing to negotiate an agreement, with officials sometimes sounding positive and at other times, measured. "We continue to speak with our Indian counterparts. We've always had very constructive discussions with them," US Trade Representative Jamieson Greer said earlier this week. He also acknowledged that although he had earlier said a deal with India might be "imm ...Read More >
Tesla (TSLA) officially launched in India on Tuesday, making a small bet on a country with massive growth potential. Tesla's first showroom, dubbed a "Tesla Experience Center," opened in a fashionable mall in the cosmopolitan city of Mumbai, India's largest metropolis with nearly 13 million residents and more than 23 million including the greater region. Tesla's only car on offer is the refreshed Model Y, which will be imported from China, where Tesla builds models with right-hand drive. The c ...Read More >
SHILLONG, July 11: Union Finance Minister Nirmala Sitharaman on Friday highlighted the significant increase in central financial support to Meghalaya over the past decade, particularly in tax devolution. Speaking to the media here, Sitharaman stated that between 2014 and 2024, Meghalaya received Rs 48,883 crore in tax devolution -- a remarkable 572% increase from the Rs 7,273 crore it received during the previous decade (2004-2014). Similarly, grants-in-aid to the state more than doubled, risi ...Read More >
SHILLONG, July 11: Union Finance Minister Nirmala Sitharaman on Friday virtually laid the foundation for several key projects worth Rs 1,400 crore from the Lariti auditorium in Mawkasiang, New Shillong Township. The projects are aimed at accelerating infrastructure, economic growth and social welfare in Meghalaya. They include the redevelopment of Umiam Lake into a world-class sustainable tourism destination at an estimated cost of Rs 99.99 crore, alongside the development of MICE (Meetings, I ...Read More >
New Delhi, July 7 (PTI) In a move to reduce electricity bills and promote usage of clean energy, the Delhi government has initiated widespread implementation of rooftop solar panel installations across the city under the RESCO model, an official statement said on Monday. Under the RESCO (Renewable Energy Service Company) model, a third-party firm installs, owns and manages solar energy system on a customer's property. The customer makes zero capital investment, and buys power from the firm at l ...Read More >
New Delhi, July 7 (PTI) In a move to reduce electricity bills and promote usage of clean energy, the Delhi government has initiated widespread implementation of rooftop solar panel installations across the city under the RESCO model, an official statement said on Monday. Under the RESCO (Renewable Energy Service Company) model, a third-party firm installs, owns and manages solar energy system on a customer's property. The customer makes zero capital investment, and buys power from the firm at l ...Read More >
New Delhi: In a move to reduce electricity bills and promote clean energy usage, chief minister Rekha Gupta has initiated widespread implementation of rooftop solar installations across the city under Resco or the utility-led aggregation model. The step, in line with the guidelines of the Union new and renewable energy ministry and facilitated by Delhi Electricity Regulatory Commission (DERC), is expected to bring down the overall cost of electricity and reduce dependence on conventional energy ...Read More >
New Delhi [India], July 7: A SIP Calculator is a powerful tool that helps plan investments wisely and track money growth over time. It estimates returns based on regular investment amounts and tenure, providing a clear view of financial progress. This insight enables confident financial planning and informed decision-making, supporting long-term wealth creation through systematic investment. Also Read | Are Football Clubs Insured When a Player Dies: What Happens in the Aftermath of a Tragedy Li ...Read More >
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