NEWS

Guinea-Bissau becomes first African country to use blockchain for fiscal transparency

Guinea-Bissau becomes first African country to use blockchain for fiscal transparency

03 Oct 2024

Guinea-Bissau, a tiny West African nation, has made a big leap in the use of financial technology by successfully launching a blockchain platform for wage bill management

Sebi prescribes new guidelines to de-risk equity derivatives

Sebi prescribes new guidelines to de-risk equity derivatives

03 Oct 2024

Securities and Exchange Board of India (Sebi) has come out with new guidelines for de-risking the equity derivatives segment so as to safeguard investments amidst the changing market dynamics.

ADNOC to buy German chemicals firm Covestro for $16 bn

ADNOC to buy German chemicals firm Covestro for $16 bn

02 Oct 2024

Abu Dhabi National Oil Company (ADNOC) has agreed to acquire German chemicals company Covestro in a deal valued at 14.7 billion euros ($16.3 billion)

East Coast dockworkers’ strike halts half of US port operations

East Coast dockworkers’ strike halts half of US port operations

02 Oct 2024

Dockworkers across 36 ports in the US East Coast and the Gulf of Mexico struck work on Tuesday over dispute with employers over wages and other issues

RIL gets govt nod for transfer of Viacom-18’s non-news TV channels to Disney’s Star India

RIL gets govt nod for transfer of Viacom-18’s non-news TV channels to Disney’s Star India

01 Oct 2024

The ministry of information and broadcasting has given final approval for license transfer of Viacom18's non-news and current affairs TV channels to Star India, following the merger of the two entertainment channels.

NTPC Green Energy forms joint venture with Mahatma Phule Renewable Energy

NTPC Green Energy forms joint venture with Mahatma Phule Renewable Energy

01 Oct 2024

NTPC Green Energy Ltd (NGEL), the wholly-owned subsidiary of state-owned power major NTPC Ltd, has formed a joint venture with Mahatma Phule Renewable Energy and Infrastructure Technology

Govt launches `Cruise Bharat Mission’ to boost cruise tourism in India

Govt launches `Cruise Bharat Mission’ to boost cruise tourism in India

01 Oct 2024

The central government has added ‘Cruise Bharat Mission’ to the long list of mission mode schemes that aim at revitalising various sectors of the economy.

India’s core sector industrial production declines in August

India’s core sector industrial production declines in August

30 Sep 2024

Core sector industrial production in India decreased by 1.8 per cent year-on-year in August as production in a majority of the eight core industries, except for steel and fertilizers, showed a declining trend.

PNB raises Rs5,000 cr from institutional investors to bolster capital

PNB raises Rs5,000 cr from institutional investors to bolster capital

30 Sep 2024

Punjab National Bank (PNB) has raised Rs5,000 crore through allocation of around 481.9 million shares to qualified institutional investors, the state-owned lender said on Friday.

Tata Motors starts work on new TN factory for Tata, JLR vehicles

Tata Motors starts work on new TN factory for Tata, JLR vehicles

30 Sep 2024

Tata Motors on Saturday initiated work on a new manufacturing facility in Tamil Nadu that will produce next-generation vehicles for Tata Motors and Jaguar Land Rover (JLR).

Govt move to merge RINL and SAIL seen hurting Vizag steel plant workers

Govt move to merge RINL and SAIL seen hurting Vizag steel plant workers

30 Sep 2024

The government’s move to save debt-laden Rashtriya Ispat Nigam Ltd (RINL) from certain collapse by merging it with Steel Authority of India (SAIL) Ltd seems to be taking a toll on the Vizag plant’s employees.

Shigeru Ishiba to replace Fumio Kishida as Japan’s prime minister

Shigeru Ishiba to replace Fumio Kishida as Japan’s prime minister

30 Sep 2024

Japan’s ruling Liberal Democratic Party on Friday elected Shigeru Ishiba, former defence minister, as the new prime minister of Japan, replacing Fumio Kishida.

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