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Addressing the Rozgar Mela virtually, the prime minister highlighted that the reform would increase exports and give young people new opportunities to work on global projects. Hailing the new Goods and Services Tax (GST) reforms, Prime Minister Narendra Modi on Friday asserted that the country is seeing the "positive impact in the MSME sector and retail trade" and would create new employment opportunities. Addressing the Rozgar Mela virtually, the prime minister highlighted that the reform wou ...Read More >
MUMBAI: The US-based private equity firm Blackstone is set to acquire nearly 10% stake in Federal Bank for Rs 6,196.5 crore. The Kerala-based bank's board approved the proposal on Friday, it now requires shareholder and regulatory clearances, including from RBI and Competition Commission of India. This is the latest instance where an Indian lender has tapped private capital through a large-ticket deal this year. The deal activity has driven debate on whether RBI is taking a more liberal view of ...Read More >
NEW DELHI: Prime Minister Narendra Modi on Friday said that more than 11 lakh appointment letters have been issued through Rozgar Melas so far, underscoring the government's continued focus on employment generation. He also announced that 51,000 youth have been given appointment orders confirming their permanency on Diwali day. Addressing the Rozgar Mela via video conferencing, the Prime Minister said that these events have become an important platform for fulfilling the aspirations of young In ...Read More >
Defence Minister Rajnath Singh on Thursday unveiled a new manual to simplify and rationalise the revenue procurement process for the armed forces. The Defence Procurement Manual (DPM) 2025 will come into effect from November 1. The revenue procurement by the defence services and other organisations under the defence ministry is regulated by the DPM. It was last promulgated in 2009. "Effective from November 1, the new procurement manual will facilitate the revenue procurement amounting to appr ...Read More >
Vedanta Group plans a significant Rs 1 lakh crore investment in Odisha. This expansion will generate over one lakh direct and indirect employment opportunities for the state. The investment includes a new ferro-alloys plant and two aluminium parks. The Odisha government has pledged full support for these projects, including land and infrastructure. The Vedanta Group will invest an additional Rs 1 lakh crore in Odisha, creating over one lakh direct and indirect employment opportunities, official ...Read More >
Orkla India IPO: Orkla India, parent company of packaged foods manufacturer MTR Foods, has set the price band for its initial public offering (IPO) in the range of ₹695 to ₹730 per equity share. The mainline offering is entirely an offer for sale (OFS) of ₹22.8 million equity shares worth ₹1,667.54 crore. Orkla Asia Pacific is the promoter selling shareholder, while Navas Meeran and Feroz Meeran are other selling shareholders. According to the red herring prospectus (RHP), the company has reser ...Read More >
New Delhi, Oct 23 (PTI) Defence Minister Rajnath Singh on Thursday unveiled a new manual to simplify and rationalise the revenue procurement process for the armed forces. The Defence Procurement Manual (DPM) 2025 will come into effect from November 1. The revenue procurement by the defence services and other organisations under the defence ministry is regulated by the DPM. It was last promulgated in 2009. "Effective from November 1, the new procurement manual will facilitate the revenue procu ...Read More >
Bhubaneswar: Vedanta Group Chairman Anil Agarwal met Chief Minister Mohan Charan Majhi at Lok Seva Bhawan and discussed some new industrial projects in the state. During the meeting Vedanta expressed its willingness to invest about Rs 1 lakh crore in Odisha in the coming days. This will create more than 1 lakh direct and indirect employment opportunities in the state. The state government is also committed to promoting this investment and it is reported that the necessary land and other facilit ...Read More >
Made in India, Scaling Globally: "Remidio Secures CE Marking for Dual Offline Ophthalmic AI Developed in India" Uunderscoring HGC's Dedication to Embed ESG into Business Operation HONG KONG SAR - Media OutReach Newswire - 23 October 2025 - HGC Global Communications ("HGC" or the "Group"), a fully-fledged ICT service provider and network operator with extensive global coverage, today announced it has been awarded "The Outstanding Award of ESG 2025", making it the only telecom operator in Hong K ...Read More >
The Indian Army is enhancing its capabilities through a new partnership with Delhi Technological University. This collaboration will focus on research and training in critical areas like defence technology, artificial intelligence, and cybersecurity. Additionally, the Army is acquiring advanced night sights for its SIG 716 assault rifles. This procurement will significantly improve target engagement capabilities for soldiers. New Delhi: The Indian Army marked a key milestone by signing a memora ...Read More >
IPOs often generate significant hype, capturing the attention of retail investors with the allure of quick gains. However, the true potential for wealth creation lies not in chasing immediate listing-day profits, but in a disciplined, long-term approach to accumulation. Excess liquidity in the market is creating havoc in the financial markets. Large Initial Public Offerings (IPOs) with issue size of more than Rs 10,000 crore are getting oversubscribed by 40x. Gold & Silver Exchange Traded Funds ...Read More >
Mumbai: Indian equity markets witnessed a record-breaking year of fundraising between last Diwali and this Diwali, with companies mobilising the highest-ever amount through mainboard IPOs, SME IPOs, and qualified institutional placements (QIPs) in Samvat 2081. During Samvat 2081, as many as 433 Indian firms raised over Rs 2.9 lakh crore through various routes, up from Rs 2.53 lakh crore raised by 429 firms in Samvat 2080.In comparison, 251 firms had raised around Rs 79,900 crore in Samvat 2079, ...Read More >
MUMBAI: A study of the surge in fundraising by Indian SMEs through IPOs in FY24 and FY25 published by RBI has found that the reputation of the lead merchant banker is the single biggest factor determining success.According to the report, investor demand is shaped less by the issuing company's fundamentals than by the intermediary's credibility and market standing.The analysis divided merchant bankers into top and non-top categories based on the value of IPOs they managed. Subscription rates for ...Read More >
'Commerce and industry minister Piyush Goyal Saturday said talks between India and the US on the proposed bilateral trade agreement (BTA) are progressing in a "cordial atmosphere " and New Delhi will protect the interests of domestic farmers, fishermen and MSME sectors. 'Commerce and industry minister Piyush Goyal Saturday said talks between India and the US on the proposed bilateral trade agreement (BTA) are progressing in a "cordial atmosphere " and New Delhi will protect the interests of dom ...Read More >
New Delhi, Oct 20 (SocialNews.XYZ) India and the US have made some headway in their trade talks to resolve the tariff issue, even as New Delhi has said that it will not rush into an agreement. India's trade delegation, led by Commerce Secretary Rajesh Agrawal, is reported to have held constructive meetings with US officials in Washington last week, a senior official said. While the US under the Trump administration hardened its stand on Russian oil purchases by India, New Delhi has assured Was ...Read More >
Lucknow: Rajnath Singh inaugurated a state-of-the-art Titanium and Super Alloy Material Plant at PTC Industries in Lucknow, hailing it as a major milestone in India's journey towards self-reliance in defence manufacturing.He expressed confidence that the facility would end dependency on other countries for critical aerospace and defence materials. He said the plant places India among a select group of countries capable of producing these high-end materials domestically. "This unit is a living ex ...Read More >
New Delhi [India], October 19 (ANI): M Paramasivam, Executive Director of Punjab National Bank (PNB), stated on Sunday that the bank is focusing on strengthening its core segments -- retail, agriculture, and MSME loans and deposits -- as part of its growth strategy. In banking, RAM is a common acronym for the Retail, Agriculture, and MSME loan and deposit segments. Banks focus on this sector because it represents a significant portion of their business and is often a key driver for growth. Spe ...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 >
CHENNAI, India, Oct. 18, 2025 (GLOBE NEWSWIRE) -- Sify Technologies Limited (NASDAQ: SIFY), India's leading Digital ICT solutions provider with global service capabilities spanning Data Center, Cloud, Networks, Security and Digital services, today announced that it will report its unaudited IFRS financial results for the second quarter ended September 30, 2025 on Saturday, October 25, 2025 before the market opens. The following Monday, October 27, 2025, Sify will host a conference call at 8:30 ...Read More >
MUMBAI: IDFC FIRST Bank reported a 76% rise in profit after tax (PAT) to Rs. 352 crore for Q2 FY26, driven by lower provisions and growth in its retail and commercial businesses. The bank's CASA ratio crossed 50% for the first time, reflecting improved funding stability.The PAT jump was supported by a 16.2% YoY decline in total provisions to Rs. 1,452 crore, including a sequential fall of 12.5% from Rs. 1,659 crore in Q1. The bank used Rs. 75 crore of its microfinance provision buffer during the ...Read More >
Lucknow (Uttar Pradesh) [India], October 18 (ANI): Defence Minister Rajnath Singh on Saturday dedicated to the nation a Titanium and Superalloy Materials Plant at PTC Industries' Strategic Materials Technology Complex in Lucknow here. Spread over 50 acres, the Strategic Materials Technology Complex has been established with an investment of Rs 1,000 crore. With a production capacity of over 6,000 tonnes per annum, this plant enables India to produce aviation-grade Titanium and Superalloys from ...Read More >
Finance minister Nirmala Sitharaman has asked rural banks to leverage the consumption boost from lower goods and services tax rates to boost credit in semi-urban and rural areas. The rationalisation of GST rates has opened new opportunities in rural areas due to an increase in consumption, an indication of more bank funding, Sitharaman said, while chairing a meeting to review the business performance of the Karnataka Grameena Bank (KaGB) at Ballari on October 16. "...the rural banks should lev ...Read More >
The government has reopened the application period for the Production Linked Incentive (PLI) scheme for white goods, covering air conditioners and LED lights, until November 10. The move comes after a strong response from the industry and rising investment interest under the programme. Originally, the fourth round of applications was open from September 15 to October 14. The reopening gives manufacturers additional time to participate and benefit from incentives designed to boost domestic produ ...Read More >
NewsVoirPune (Maharashtra) [India], October 16: As Diwali approaches, households across India are preparing for the festival of lights, with celebrations that include decorating homes, buying gifts, shopping for new clothes, and planning family trips. To help individuals manage these festive expenses efficiently, with Bajaj Finserv Personal Loan, a reliable financial solution providing quick access to funds, flexible repayment options, and a fully digital application process.Meeting festive fina ...Read More >
Pune (Maharashtra) [India], October 17: Dhanteras marks the beginning of Diwali, and it is celebrated across India to invite prosperity, health, and good fortune. It is also highly auspicious for fresh beginnings, including planning for a future home, as it attracts prosperity and positive energy. Lenders like Bajaj Housing Finance also extend festive offers during this period, including lower processing fees and attractive interest rates, making this the ideal time to use Diwali bonuses. Also ...Read More >
New Delhi [India], October 17 (ANI): Union Minister Piyush Goyal on Friday said that there is no better time than now to invest in India's hospitality sector, as the industry continues to perform strongly amid the country's growing economic momentum. Addressing the Annual Conference and 105th Annual General Meeting of ASSOCHAM, Goyal said that India's travel and tourism sector is witnessing rapid growth but also faces several challenges that need to be addressed through joint efforts by the gov ...Read More >
New Delhi [India], October 17 (ANI): Union Minister Piyush Goyal on Friday said that there is no better time than now to invest in India's hospitality sector, as the industry continues to perform strongly amid the country's growing economic momentum. Addressing the Annual Conference and 105th Annual General Meeting of ASSOCHAM, Goyal said that India's travel and tourism sector is witnessing rapid growth but also faces several challenges that need to be addressed through joint efforts by the gov ...Read More >
CHHINDWARA/NEW DELHI - India has refused drugmakers' requests to extend a year-end deadline for them to upgrade their manufacturing facilities to international standards, four sources said, amid public anger over the recent deaths of at least 24 children who consumed locally-produced cough syrup . New Delhi had in late 2023 ordered pharmaceutical companies to ensure their plants meet World Health Organisation-recommended standards, which would require them to invest in protocols to prevent cr ...Read More >
NEW DELHI: India has refused drugmakers' requests to extend a year-end deadline for them to upgrade their manufacturing facilities to international standards, four sources said, amid public anger over the recent deaths of at least 24 children who consumed locally-produced cough syrup. New Delhi had in late 2023 ordered pharmaceutical companies to ensure their plants meet World Health Organization-recommended standards, which would require them to invest in protocols to prevent cross-contaminati ...Read More >
NEW DELHI, Oct 14 (Reuters) - India will resume all postal services to the United States from Wednesday after putting in place systems to collect duties upfront, the Department of Posts said, ending a nearly two-month suspension triggered by new U.S. import regulations. Postal shipments to the United States were halted in August after the U.S. administration issued an executive order suspending the "de minimis" exemption that had allowed low-value commercial shipments to enter the country witho ...Read More >
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