RBI may cut repo rate only in Q3 FY25: SBI economist

RBI may cut repo rate only in Q3 FY25: SBI economist

Chennai, April 2 - The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) may cut repo rate only in the third quarter of FY25 and not before, said a top economist in the State Bank of India (SBI).

Read More
Paradip Port pips Kandla to become India’s highest cargo handling port

Paradip Port pips Kandla to become India’s highest cargo handling port

New Delhi, April 2 - Paradip Port Authority has clocked a record 145.38 million metric tonnes (MMT) cargo throughput in FY 2023-24 to nudge past Deendayal Port, Kandla and emerge as the highest cargo handling major port of the country, according to a

Read More
IREDA loans for green energy projects surge to Rs 37,354 crore in 2023-24

IREDA loans for green energy projects surge to Rs 37,354 crore in 2023-24

New Delhi, April 2 - Indian Renewable Energy Development Agency Limited (IREDA), the largest pure-play green financing Non-Banking Financial Company (NBFC) in the country, has achieved its highest-ever annual loan sanctions amounting to Rs 37,354 crore in the financial year 2023-24, according to

Read More
DGCA directs Vistara to submit daily flight disruption reports

DGCA directs Vistara to submit daily flight disruption reports

New Delhi, April 2 - In response to the recent surge in flight disruptions by Vistara Airline, a joint venture of Tata and SIA airlines, the Directorate General of Civil Aviation (DGCA), citing various reasons including crew unavailability, has mandated that the airline

Read More
No wealth can match the shine of these eyes, says Gautam Adani about granddaughter

No wealth can match the shine of these eyes, says Gautam Adani about granddaughter

New Delhi, April 2 - No wealth can match the shine of these eyes, said Adani Group Founder and Chairman Gautam Adani, about his granddaughter.

Read More
LG Energy begins production at US battery cell plant

LG Energy begins production at US battery cell plant

Seoul, April 2 - LG Energy Solution Ltd (LGES), South Korea's leading battery maker, said on Tuesday that its joint venture with General Motors began production at their second battery plant in the United States.

Read More
Govt to sell bonds worth Rs 38,000 cr via RBI’s multiple price auction method

Govt to sell bonds worth Rs 38,000 cr via RBI’s multiple price auction method

New Delhi, April 1 - The Finance Ministry on Monday announced the sale of Rs 38,000 crore worth of government bonds through the Reserve Bank of India's new multiple price auction method.

Read More
Aditya Birla Fashion proposes to demerge Madura Fashion business into separate listed entity

Aditya Birla Fashion proposes to demerge Madura Fashion business into separate listed entity

New Delhi, April 1 - The Board of Directors of Aditya Birla Fashion and Retail Ltd (ABFRL) on Monday authorised the management of the company to evaluate the vertical demerger of the Madura Fashion & Lifestyle business from the ABFRL into a separate

Read More
South Korean govt calls on striking doctors to present reasonable solution

South Korean govt calls on striking doctors to present reasonable solution

Seoul, April 2 - The South Korean government is open to talks with doctors if they come up with a unified and reasonable solution to resolve an impasse over a reform to hike the number of medical students, a senior official said on

Read More
Iranian ambassador to Syria vows retaliation against Israeli attack on embassy

Iranian ambassador to Syria vows retaliation against Israeli attack on embassy

Damascus, April 2 - Iranian Ambassador to Syria, Hossein Akbari, has promised that Iran will respond to Israel's attack on the Iranian embassy in the Syrian capital Damascus with equal force.

Read More
Fresh US-led airstrikes hit Houthi targets in Yemen’s port city

Fresh US-led airstrikes hit Houthi targets in Yemen’s port city

Sanaa, April 2 - A warplane of the US-British coalition launched airstrikes on Houthi military targets in Yemen's port city of Hodeidah on the Red Sea, the media reported.

Read More
Japan govt designates 5 airports, 11 seaports to upgrade for possible defence use

Japan govt designates 5 airports, 11 seaports to upgrade for possible defence use

Tokyo, April 2 - The Japanese government has designated five airports and 11 seaports to be upgraded for possible use by the Self-Defense Forces (SDF) and the Japan Coast Guard, local media reported.

Read More
US Congress members seek update on probes into temple attacks

US Congress members seek update on probes into temple attacks

Washington, April 1 - US Congress' five Indian-descent members on Monday demanded a briefing from the Justice Department on the spate of vandalism at Hindu temples across the country, some of whom were left with pro-Khalistan and anti-India graffiti.

Read More
Jolt to Erdogan as Turkey’s opposition registers big win in local polls

Jolt to Erdogan as Turkey’s opposition registers big win in local polls

Ankara, April 1 - Turkey's main opposition, the Republican People's Party (CHP), has claimed a major victory in local polls in 35 mayoralties throughout the country, according to unofficial results of Sunday's local elections. This comes as a jolt to President Recep Tayyip

Read More
EAM S. Jaishankar to discuss foreign policy’s role in India’s development in Ahmedabad on April 2

EAM S. Jaishankar to discuss foreign policy’s role in India’s development in Ahmedabad on April 2

Ahmedabad, April 1 - External Affairs Minister (EAM) S. Jaishankar is scheduled to visit Ahmedabad on Tuesday, where he will engage with the media in the afternoon, followed by an interactive session.

Read More
Microsoft to unbundle Teams with Office 365 & Microsoft 365 amid EU probe

Microsoft to unbundle Teams with Office 365 & Microsoft 365 amid EU probe

New Delhi, April 1 - Following an antitrust investigation by the European Union (EU), Microsoft will reportedly unbundle Teams with Office 365 and Microsoft 365.

Read More
Audio streaming platform Pocket FM completes 1st ESOP buyback worth $8.3 mn

Audio streaming platform Pocket FM completes 1st ESOP buyback worth $8.3 mn

New Delhi, April 1 - Audio series platform Pocket FM on Monday announced it has completed its first ESOP (employee stock ownership plan) buyback worth $8.3 million.

Read More
boAt launches 1st ‘India-made’ headphones with head-tracking 3D audio, spatial sound

boAt launches 1st ‘India-made’ headphones with head-tracking 3D audio, spatial sound

New Delhi, April 1- Homegrown audio and wearable company boAt on Monday launched India’s first headphones with head-tracking 3D audio and spatial sound features.

Read More
PM Modi pats RBI, says India must become ‘financially Aatmanirbhar’ in 10 years

PM Modi pats RBI, says India must become ‘financially Aatmanirbhar’ in 10 years

Mumbai, April 1 - Over the next 10 years, India must strive to become a ‘financially Aatmanirbhar’ economy and continue to march ahead confidently in the path of progress and development, Prime Minister Narendra Modi said here on Monday.

Read More
97.69 pc of Rs 2000 banknotes have been returned: RBI

97.69 pc of Rs 2000 banknotes have been returned: RBI

Mumbai, April 1 - The RBI said in its currency update on Monday that 97.69 per cent of the Rs 2000 banknotes in circulation have now been returned.

Read More