NEWS

Govt hikes minimum support prices for Rabi crops

Govt hikes minimum support prices for Rabi crops

19 Oct 2024

The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved an across-the-board increase in the minimum support prices (MSP) for all eligible Rabi crops for the 2025-26 marketing season.

Sebi approves Jio Financial-BlackRock mutual fund joint venture

Sebi approves Jio Financial-BlackRock mutual fund joint venture

18 Oct 2024

Market regulator Securities and Exchange Board of India (Sebi) has granted approval for the proposed $300 million mutual fund joint venture between Jio Financial Services and BlackRock.

Reliance Brands UK to acquire 51% stake in Mothercare South Asia for $20.8 m

Reliance Brands UK to acquire 51% stake in Mothercare South Asia for $20.8 m

18 Oct 2024

Reliance Brands Holding UK Ltd a wholly-owned subsidiary of Reliance Brands Ltd, the brand acquisition arm of Reliance Industries Ltd

Reliance sets 28 October as record date for 1:1 bonus issue

Reliance sets 28 October as record date for 1:1 bonus issue

18 Oct 2024

Reliance Industries Ltd (RIL) has finalised the record date for its 1:1 bonus share issue as 28 October 2024 after it received necessary approval from shareholders for the bonus issue.

Hyundai Motor IPO fails to attract small investor as subscription hits 237%

Hyundai Motor IPO fails to attract small investor as subscription hits 237%

18 Oct 2024

Hyundai Motor India’s Rs27,870-crore initial public offer (IPO) of shares received overall subscription of 237 per cent of the offer size, as the mega issue closed for subscription on Thursday.

Central govt employees and pensioners to get 3 per cent additional DA

Central govt employees and pensioners to get 3 per cent additional DA

17 Oct 2024

The union cabinet on Wednesday approved payment of an additional 3 per cent dearness allowance (DA) to central government employees and dearness relief (DR) to central government

IndiaAI mission selects 8 projects to promote ethical AI

IndiaAI mission selects 8 projects to promote ethical AI

17 Oct 2024

The IndiaAI Mission has selected eight projects from among a number of proposals received from the expression of interest (EoI) floated under the mission’s `Safe and Trusted AI Pillar

India’s merchandise trade deficit swells to $137.44 bn in April-September FY25

India’s merchandise trade deficit swells to $137.44 bn in April-September FY25

17 Oct 2024

India added $20.78 billion to its bulging merchandise trade deficit in September 2024, taking the total for the 7-month period (April-September 2024-25) to $137.44 billion.

India’s green power capacity hits 200 GW, or 46.3% of total capacity

India’s green power capacity hits 200 GW, or 46.3% of total capacity

17 Oct 2024

India has built up renewable energy capacity of more than 200 Giga Watt, which underscores the government’s commitment to clean energy and securing a green future for the country and the world.

Three economists from 2 US institutions share Nobel Prize in Economics

Three economists from 2 US institutions share Nobel Prize in Economics

16 Oct 2024

The 2024 Nobel Prize for Economics has been awarded to three US economists - Daron Acemoglu and Simon Johnson, both from the Massachusetts Institute of Technology, Cambridge and James A Robinson

Consumer price inflation in India at a 9-month high of 5.49% in September

Consumer price inflation in India at a 9-month high of 5.49% in September

16 Oct 2024

Consumer price inflation based on the All India Consumer Price Index (Base 2012=100) hit a nine-month high of 5.49 per cent in September 2024.

BSNL planning transition to 5G technology by June 2025: minister

BSNL planning transition to 5G technology by June 2025: minister

16 Oct 2024

State-run telecom service provider Bharat Sanchar Nigam Ltd (BSNL) is planning a quick transition to 5G technology by June 2025

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