The Global Trade Research Initiative (GTRI) has criticized the World Bank's suggestion for India to reconsider joining the Regional Comprehensive Economic Partnership (RCEP). GTRI argues that India's decision to stay out of RCEP remains valid due to concerns over trade deficits and reliance on China-centric supply chains, especially highlighted during the Covid-19 pandemic.
A high-level Bangladeshi delegation is expected to visit India next month for bi-annual border talks. This will be the first meeting after the fall of Sheikh Hasina's government. The discussions will focus on border management, curbing cross-border crimes, and mutual coordination in intelligence sharing.
The Mizoram government has increased petrol and diesel prices by Rs 4 per litre from September 1. The hike includes a new levy for social infrastructure and road maintenance. Despite the increase, fuel prices remain lower than in 2021. The decision follows recommendations to boost state revenue.
The United States is set to accuse Russia of attempting to influence the 2024 elections through online disinformation campaigns targeting American voters. Russian state media network RT will be a key focus. The announcement coincides with remarks by Attorney General Merrick Garland at the Justice Department's Election Threats Task Force meeting.
Indian equity indices fell on Wednesday, with the S&P BSE Sensex dropping 0.25% to 82,352 and the NSE Nifty50 closing just below 25,200. Despite this, HDFC's Nagaraj Shetti anticipates Nifty may soon reach new highs around 25,350-25,400.
The transaction was concluded with a coupon rate of 9.30%, the company said Wednesday. The deal involved issuance of pass-through certificates (PTC) for an exact amount of Rs 119.12 crore.
Chip companies led by market cap leader Nvidia were set to extend losses on Wednesday after a bruising sell-off in the previous session, reflecting the growing concern on Wall Street over the stocks' lofty valuations as AI optimism cools.
Although hospitalizations are still comparatively low, the FLiRT subvariants now predominate, indicating milder symptoms.
Dollar Tree joined main rival Dollar General in cutting annual forecasts after missing quarterly estimates on Wednesday as the discount store operator struggles to attract price-sensitive shoppers amid rising competition.
The IPO in focus this time is Boss Packaging, which aimed to raise Rs 8 crore but attracted bids exceeding Rs 1,000 crore. Both retail and non-retail portions of the offering were oversubscribed by more than 100 times. According to the DRHP, the company had only 64 employees as of March 2024, and images of its deteriorating office have been widely circulated on social media.
Haryana Election BJP Candidate List: The Bharatiya Janata Party (BJP) has announced its first list of candidates for the upcoming Haryana state elections. The list includes 67 names, with CM Nayab Singh Saini contesting from the Ladwa seat. Key leaders such as JP Nadda, Prime Minister Narendra Modi, and Home Minister Amit Shah were involved in finalizing the candidates.
During their meeting on July 24, 2024, the board of directors of Sona Comstar, a global automotive systems and components manufacturer with operations in India, China, Mexico, and the US, gave their approval for a Qualified Institutional Placement (QIP).
Responding to reports on the housing rent allowance (HRA) and toxic work culture issues raised by the staff, market regulator said these concerns are misguided by external elements and perhaps misplaced.
The Election Commission has banned the release of exit polls during the Jammu and Kashmir Assembly elections-2024. This prohibition, under the Representation of the People Act, 1951, starts from September 18 and continues until October 5. Violators may face imprisonment or fines. The elections will be held in three phases on September 18, September 25, and October 1.
Andhra Pradesh Chief Minister N Chandrababu Naidu announced an ex-gratia of Rs 5 lakh for families of victims who died in rain-related incidents. Relief operations are ongoing, with food and essentials being distributed. Pregnant women are being relocated to safe areas, and medical camps are set up to prevent diseases.
The government is considering creating a separate category for advanced coronary stents and raising the price ceiling to attract stent makers. This move comes after manufacturers shelved plans to launch next-generation devices in India due to price control measures. The proposal aims to address concerns raised by stent makers over current pricing regulations.
Sun TV Network anticipates a significant rise in revenue from its cricket franchise SunRisers Hyderabad, supported by increased earnings from movie distribution. The company, which has expanded into Hindi, Bangla, and Marathi languages, remains confident in its content delivery strength across these markets.
The government has eased import norms for raw and calcined pet coke, allowing shipments to cater to the domestic needs of aluminium and other industries. Additionally, Odisha's forest department has been granted an extra 12 months for exporting red sanders heart wood, a protected species in high demand abroad.
During the US election 2024 season, 'Reagan' is collecting more than expected dollars in the North American box-office.
The government has extended the interest equalisation scheme on pre- and post-shipment rupee export credit for MSME manufacturing exporters until September 30. This extension aims to support India's outbound shipments by providing competitive rates amid global economic challenges. The scheme, which ended on August 31, was previously extended in June for two months.
The first trailer for the live-action Minecraft film, directed by Jared Hess and starring Jason Momoa, Jack Black, and others, has been released. The plot follows four misfits who are transported to the Overworld and must master it to return home. The movie will be released in theaters in April 2025.
The 77-year-old Elton John revealed that a recent eye illness is causing him to have poor eyesight. He is gradually getting better and is concentrating on his health. When he retires, he wants to spend more time with his family.
