NEWS

Indian MSMEs bear the brunt of cheap imports from China: GTRI study

Indian MSMEs bear the brunt of cheap imports from China: GTRI study

05 Sep 2024

No amount of import duty can make Chinese goods costly in India, or is it that Chinese goods are not dependent on ports or other entry points to enter the country.

Raymond plans to list demerged Lifestyle business next week

Raymond plans to list demerged Lifestyle business next week

04 Sep 2024

Raymond Group on Monday announced plans to list the demerged entity Raymond Lifestyle on the stock exchanges sometime next week.

DRDO hands over technology for 30mm HEPF shell to Indian Navy

DRDO hands over technology for 30mm HEPF shell to Indian Navy

03 Sep 2024

The Indian Navy will soon start induction of High Explosive Preformed Fragmentation (HEPF) shells to its armoury, which will further enhance the Navy’s capability to combat drone attacks.

Defence ministry approves Rs1.45 lakh crore capital acquisition proposals for defence forces

Defence ministry approves Rs1.45 lakh crore capital acquisition proposals for defence forces

03 Sep 2024

Defence ministry has lined up Rs1.45 lakh crore capital acquisition programme for the Defence forces, which include procurement of future-ready combat vehicles

New 309-km railway line to connect Mumbai and Indore

New 309-km railway line to connect Mumbai and Indore

03 Sep 2024

The Cabinet Committee on Economic Affairs (CCEA) on Monday approved the construction of a new 309 km-long railway line that will provide the shortest rail connectivity between Mumbai and Indore

Adani Ports acquires 80% stake in Astro Offshore for $185 m in cash

Adani Ports acquires 80% stake in Astro Offshore for $185 m in cash

03 Sep 2024

Adani Ports and Special Economic Zone (APSEZ) has entered into a definitive agreement with Astro Offshore under which it will acquire a majority stake in the offshore support vessel operator for $185 million, in cash.

Cabinet approves Kaynes Semicon's Rs3,300-cr semiconductor plant in Gujarat

Cabinet approves Kaynes Semicon's Rs3,300-cr semiconductor plant in Gujarat

03 Sep 2024

The union cabinet on Monday approved a proposal by Kayness Semicon Pvt Ltd for setting up a Rs3,300-crore semiconductor manufacturing unit in Sanand, Gujarat.

Govt announces Rs14,235-cr outlay for 7 major agriculture schemes

Govt announces Rs14,235-cr outlay for 7 major agriculture schemes

03 Sep 2024

The center on Monday announced seven major schemes, involving a total outlay of Rs14,235.30 crore, for improving the lives and livelihoods of farmers across the country.

India’s core sector industrial production up 6.1% in July

India’s core sector industrial production up 6.1% in July

02 Sep 2024

Core sector industrial production in India increased by 6.1 per cent year-on-year in July 2024 on the back of increased production of steel, electricity, coal, refinery products, cement, and fertilizers, provisional data

Fed chairman Jerome Powell hints at a likely US recession in 2025

Fed chairman Jerome Powell hints at a likely US recession in 2025

02 Sep 2024

The US economy is showing signs of recession despite the healthy 3 per cent growth of GDP in the second quarter of the current year.

NCLT shows green light for merger of Reliance's Viacom18 and Disney's Star India

NCLT shows green light for merger of Reliance's Viacom18 and Disney's Star India

02 Sep 2024

A day after the Competition Commission of India gave its conditional approval for merger of entertainment platforms Walt Disney’s Star India and Reliance Industries’ Viacom-18 Private Ltd

India’s GDP growth seen lower at 6.7% in April-June FY25

India’s GDP growth seen lower at 6.7% in April-June FY25

02 Sep 2024

India’s national income or gross domestic product (GDP) in real terms, ie, after adjusting for inflation, increased at a slower pace of 6.7 per cent to Rs43.64 lakh crore in the first quarter

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