India needs a clear road map for development
Power company CESC Ltd on Monday said it has acquired 63.91 per cent equity shares in Purvah Green Power for Rs 205 crore. Post-acquisition, Purvah Green Power Private Limited (Purvah) will become its direct subsidiary, CESC said in a regulatory filing. "The company (CESC) has acquired today 63.91 per cent equity shares of Purvah Green Power Private Limited ("Purvah"), a wholly-owned subsidiary of Crescent Power Limited (a subsidiary of the company), thus making Purvah a direct subsidiary of CESC Ltd," it added. Читать дальше...
Infra spend must focus on climate change
FMCG major Colgate-Palmolive India on Monday reported 33 per cent rise in net profit at Rs 363.98 crore for the first quarter ended June 2024, helped by a demand pickup and good performance of products. The oral hygiene product maker had posted a net profit of Rs 273.68 crore in April-June FY24, according to a regulatory filing from Colgate-Palmolive India Ltd (CPIL). Sales were up 13 per cent to Rs 1,485.76 crore during the quarter under review as against Rs 1,314.73 crore in the corresponding period a year ago. Читать дальше...
Policy on derivatives needs to be informed by the evolution of these markets in India and the benefits of risk management
India needs a fiscal road map consistent with the objectives of faster debt reduction
China on Monday accused the Quad nations, including the US and India, of "artificially creating tension" and "inciting confrontation" to "contain" the development of other countries in the Asia Pacific region. Beijing's statement came hours after the foreign ministers of the Quad countries, comprising the US, Japan, India and Australia, in a meeting in Tokyo, reaffirmed its steadfast commitment to a free and open Indo-Pacific, vowing to work towards a region where no country dominates others and... Читать дальше...
President Droupadi Murmu will undertake a six-day visit of Fiji, New Zealand and Timor-Leste beginning August 5, the Ministry of External Affairs (MEA) announced on Monday. Murmu's first destination will be Fiji where she will hold meetings with President Katonivere and Prime Minister Sitiveni Rabuka. "This will be the first-ever visit by a Head of State from India to Fiji," the MEA said on Murmu's August 5 to 6 trip to the island nation. It said she is scheduled to address the Fijian Parliament... Читать дальше...
Mujibur Rehman's book offers a comprehensive overview of the background, existence, and dilemmas of being a Muslim in today's India
Lena Von Schonlaub used Eiffel Tower Stadium as a backdrop for her own personal photo shoot. Von Schonlaub shifted her head from side to side, smiling big while she held her phone in front of her face and clicked over and over. Paris' iconic Eiffel Tower hovered right behind her, overlooking the site where beach volleyball is being played at the 2024 Paris Olympics. It has been one of the most popular attractions of the Olympics, drawing hundreds of people looking for the best photo to post on their social media pages. Читать дальше...
Says digitalisation has enhanced banks' efficiency and increased competition within the sector
According to Entrackr's estimates, the company raised the funding at a post-money valuation of Rs 8,517 crore or a little over $1 billion
Hannah Roberts looked perfectly at ease relaxing on a covered porch on a rainy July morning in Michigan, just weeks before she left for the Paris Olympics, content that she had put in the work necessary to win the gold medal that escaped her in Tokyo. For the past three years, the best freestyle BMX rider of her generation has been driven by the silver she took home instead. If I'm being honest, Roberts told The Associated Press, while keeping an eye on the rambunctious kids she was babysitting,... Читать дальше...
As Leader of Opposition Rahul Gandhi raised questions on the presiding officer in the Lok Sabha on Monday, Union ministers Ashwini Vaishnaw and Kiren Rijiju hit back at the former Congress chief, saying he has no intention to follow constitutional norms while participating in parliamentary debates. The two ministers slammed Gandhi for questioning Lok Sabha Speaker Om Birla's authority during a debate on the Union Budget in the House. "I condemn the manner in which the leader of opposition attacked... Читать дальше...
Uttar Pradesh Chief Minister Yogi Adityanath on Monday said "The OBC community has the power of Bajrangbali (Lord Hanuman), and the need is only to awaken them". Adityanath made the remarks while addressing the working committee meeting of the BJP's state unit of the 'pichhrha varg morcha', the UP government said in a statement. Addressing the gathering, Adityanath said, "In the past, the way foreign invaders had conspired to divide the Hindu society, similarly, opposition parties are also conspiring... Читать дальше...
Margins under pressure as cost of funds rise
PTA is used to make products containing polyester such as sportswear, swimsuits, jackets, sofas, curtains, and car seat covers
This may help check spurt in imports from UAE under CEPA
Indian shooter Ramita Jindal ended seventh in the final of the 10m air rifle women's competition at the Olympic Games here on Monday. Ramita, 20, shot 145.3 in a high-quality eight-women final. The young Indian shooter was placed seventh after 10 shots (104.0), when the elimination began. In danger of being eliminated, a 10.5 pushed Ramita to sixth place even as Norway's Hegg Jeanette Duestad made an exit. But the Indian could not save herself after that. In the qualifications on Sunday, she performed... Читать дальше...
The operating expenses grew 21 per cent Y-o-Y but reduced 8 per cent Q-o-Q to Rs 1,590 crore, which was lower than expectations
To streamline operations and move towards universal social security, the government has consolidated 29 central labour laws into four labour codes
India's Ashwini Ponnappa and Tanisha Crasto were staring at an early exit after suffering their second consecutive group stage defeat in the women's doubles badminton competition at the Paris Olympic here on Monday. The Indians went down 11-21 12-21 to the world number four Japanese duo of Nami Matsuyama and Chiharu Shida in the 48-minute Group C match. They had lost their opener against South Korea's Kim So Yeong and Kong Hee Yong. Ponnappa and Crasto, world number 19, are currently placed third... Читать дальше...
The report said digitisation can also bring new risks and challenges for customer protection and financial stability
The committee will inquire into the reasons, fix responsibility, suggest measures and recommend policy changes, it said
Political strategist-turned-activist Prashant Kishor on Monday made it clear that he "will not be seeking any post" once his Jan Suraaj campaign evolves into a full-fledged political party later this year. The IPAC founder expressed his sentiments in a lengthy post on X, a day after he told a well-attended meeting of Jan Suraaj that on October 2, coinciding with Gandhi Jayanti, the drive will metamorph into a political party. "After more than two years of padayatra through thousands of villages and small towns of Bihar... Читать дальше...
