NEWS
Visveswaraya Iron and Steel Plant back on revival path
31 Jul 2024
Visveswaraya Iron and Steel Plant (VISP), which the government put up for sale in October 2016, is now on the revival path with 130000 tonnes of steel production in the 2023-24 financial year.
ITC plans Rs20,000 crore investment in next five years: CMD Sanjiv Puri
29 Jul 2024
Diversified group ITC Ltd is planning to invest Rs20,000 crore across business portfolios with about 35-40 per cent earmarked for FMCG sector, 35 per cent going to paper boards and packaging, and the remaining into other businesses, including corporate, over the next five years.
IDBI Bank privatisation now hinges on RBI approval report
28 Jul 2024
The union home ministry has given necessary security clearance to potential investors in IDBI Bank and the Reserve Bank of India
Budget outlay for Railways for FY25 at Rs68,634 crore
28 Jul 2024
Union Budget 2024-25 has allocated Rs68,634 crore for Indian Railways across various projects, including construction of new lines
Mankind Pharma to buy Bharat Serums and Vaccines in a Rs13,630-cr deal
27 Jul 2024
Mankind Pharma is acquiring Bharat Serums and Vaccines (BVS) from private equity firm Advent International in a deal valued at Rs13,630 crore.
Consumer price inflation for agricultural and rural labourers up at 7.02% and 7.04%, respectively, in June
27 Jul 2024
Consumer price inflation for agricultural labourers (CPI-AL) and rural labourers (CPI-RL, based on the All-India Consumer Price Indices (base 1986-87 = 100), recorded an increase of 11 points each in June 2024
C-DOT teams up with IIT Roorkee and IIT Mandi for developing ‘Cell-Free’ 6G access points
27 Jul 2024
The Centre for Development of Telematics (C-DOT), the R&D arm of the Department of Telecommunications (DoT), is collaborating with the Indian Institute of Technology Roorkee (IIT Roorkee) and Indian Institute of Technology, Mandi (IIT Mandi)
DRDO successfully flight-tests Phase-II ballistic missile defence system
26 Jul 2024
Defence Research & Development Organisation (DRDO) on Wednesday successfully flight-tested Phase-II of the indigenously developed ballistic missile defence system.
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CBDT explains Budget proposal on capital gains tax
25 Jul 2024
The Budget, through the Finance Bill, has proposed a rationalisation and simplification of the taxation of capital gains.
Govt working to improve viability of Fair Price Shops
25 Jul 2024
The centre is carrying out a pilot study on ways to improve the viability of Fair Price Shops (FPS) that currently distribute food grains and related items provided under government subsidy to weaker section of population.
Budget 2024-25 speaks of NextGen reforms and strategic policies
24 Jul 2024
The Union Budget 2024-25, presented by finance minister Nirmala Sitharaman, aims to achieve higher economic growth through improved productivity, and by enhancing the efficiency of markets.
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Economic Survey projects India’s GDP growth at 6.5–7% in 2024-25
24 Jul 2024
Economic Survey 2023-24 presented in Parliament by finance minister Nirmala Sitaraman has projected India’s real GDP growth at 6.5–7 per cent in 2024-25.
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