Reliance Power shares hit upper circuit
The shares of Reliance Power Ltd. have hit upper circuit as the company settled Rs. 3,872 crore of debt due to being a guarantor for Vidarbha Industries Power (VIPL). The…
West and Southern states have steady growth, Bengal in decline: EAC-PM report
As western and southern states have performed better in over six decades from 1960-61 to 2023-24, West Bengal has shown a consistent decline, a working paper by the Economic Advisory…
Kenya airport staff strike over bid by Adani Group
At least hundreds of airport working members called a strike due to a planned buyout by India's Adani Group, which led to grounding flights and passengers being stranded. The workers…
Amidst many developments regarding technology in the Budget 2024 – Tech Titans respond
The honourable Finance Minister Nirmala Sitharaman announced the Union Budget on the 23rd of July 2024, the budget included many industrial developments, and the technology sector also found itself being…
Union Budget of India 2024: Key Highlights to watch out for
On 23rd July 2024, Nirmala Sitharaman, the Finance Minister of India, put forth the Union Budget to the nation. The budget is closely designed around Viksit Bharat, all the schemes…
Resolutions under insolvency law likely to touch 300 this year: IBBI Chief
Senior officials have indicated that the number of resolutions for stressed assets under the insolvency law is expected to reach 300 in the current financial year. This marks an 80…
Fitch Maintains India’s FY24 Growth Prediction at 6.3%, Highlights Concerns About Inflation
Fitch Ratings has maintained its growth forecast for India's current fiscal year at 6.3 percent, citing the nation's remarkable economic resilience, despite the imposition of tighter monetary policies and a…
Centre imposes additional curbs on basmati rice to prevent rice exports
After imposing a 20% levy on parboiled rice, India put limitations on the export of basmati rice
“Don’t eat onions for 2-4 months if you cannot afford it:” Maha Minister on Rising Onion Prices
Amidst protests by farmers and traders against the government's decision to impose an export duty of 40% on onions, Maharashtra Minister Dada Bhuse said that it would not make any…
China suspends youth unemployment data on the brink of slouching economy
China has decided not to release the Youth Unemployment data on Tuesday due to the economy's shaky state. Major economic misses were recorded in July by the National Statistics Bureau.…