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Nitin Gadkari: India aims to become the leading automobile hub by 2034

Nitin Gadkari: India aims to become the leading automobile hub by 2034

Gadkari acknowledged India's heavy dependence on imported fossil fuels, costing approximately Rs 22 lakh crore annually, said India is making strides in biofuels derived from various sources such as corn, sugarcane juice, molasses, B molasses, C molasses and food grain

29 October,2024 03:47 PM IST | Mumbai | mid-day online correspondent
Madhya Pradesh: CM Yadav to relief tax for local vendors of Diwali items

Madhya Pradesh: CM Yadav to relief tax for local vendors of Diwali items

CM Yadav said that the exemption from all the taxes would be effective from today till Uthani Gyaras 2024

29 October,2024 01:52 PM IST | Bhopal | mid-day online correspondent
37-year-old poses as IPS officer, dupes Nashik businessman of Rs 1 crore; held

37-year-old poses as IPS officer, dupes Nashik businessman of Rs 1 crore; held

The accused got acquainted with the complainant in 2018 and won his trust. He promised the businessman a railway contract and took Rs 1 crore on various pretexts, a Nashik Police officer said

28 October,2024 04:29 PM IST | Nashik | mid-day online correspondent
FII selling and weak earnings set to impact market sentiment, say experts

FII selling and weak earnings set to impact market sentiment, say experts

Market sentiment is anticipated to remain cautious next week, with ongoing FII selling, weak earnings, and key corporate results in focus. Experts suggest the October derivatives expiry and US economic data may also add volatility.

27 October,2024 02:46 PM IST | New Delhi
PM Modi urges India to embrace 'Atmanirbhar Bharat' this Diwali in Mann Ki Baat

PM Modi urges India to embrace 'Atmanirbhar Bharat' this Diwali in Mann Ki Baat

Prime Minister Narendra Modi, in his Mann Ki Baat address, urged citizens to strengthen the 'Atmanirbhar Bharat' campaign this Diwali by supporting local businesses. Citing technological achievements like the MACE Observatory in Ladakh, he emphasised self-reliance as India’s new driving force.

27 October,2024 02:34 PM IST | New Delhi
India Inc’s Q2 revenue growth hits 16-quarter low: CRISIL report

India Inc’s Q2 revenue growth hits 16-quarter low: CRISIL report

India Inc’s revenue growth decelerated to 5-7% in Q2 FY2025, marking the slowest in 16 quarters. Key sectors, including construction and agriculture, saw minimal growth, impacting overall performance. CRISIL estimates EBITDA margin expansion across sectors, while construction and agriculture lag behind.

27 October,2024 12:55 PM IST | New Delhi
Six booked for duping businessman of Rs 15 lakh on promise of providing loan

Six booked for duping businessman of Rs 15 lakh on promise of providing loan

The accused approached the victim in August 2022 and made him believe that they were representatives of a finance company and would arrange a loan of Rs 5 crore for him. After he was convinced, they asked him to pay Rs 15 lakh as processing fee

26 October,2024 01:58 PM IST | Thane | mid-day online correspondent
ADB approves USD 434.25 million loan for Assam’s 500 MW solar project

ADB approves USD 434.25 million loan for Assam’s 500 MW solar project

The Asian Development Bank (ADB) has approved a USD 434.25 million loan to boost Assam’s renewable energy capacity, with a 500 MW solar facility and battery storage system in Karbi Anglong. The project also aims to strengthen public-private partnerships for renewable energy.

25 October,2024 10:29 AM IST | New Delhi
Indian markets open flat amid heavy FII selling pressure

Indian markets open flat amid heavy FII selling pressure

Nifty and Sensex opened flat as selling pressure from Foreign Institutional Investors (FIIs) persists. Despite slight gains, weak Q2 results and downward revisions in earnings estimates weigh on the market.

25 October,2024 10:14 AM IST | Mumbai
Piramal Pharma’s Q2 net profit soars over four-fold to Rs 23 crore

Piramal Pharma’s Q2 net profit soars over four-fold to Rs 23 crore

Piramal Pharma has announced a significant increase in its net profit for Q2, rising over four-fold to Rs 23 crore, alongside a revenue growth to Rs 2,242 crore. The company's strategic focus on CDMO growth and expansion plans in the US highlights its commitment to long-term success.

24 October,2024 02:26 PM IST | New Delhi

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