NEW DELHI: It’s not good news for companies, such as Maruti Suzuki, Toyota and Honda. G20 Sherpa Amitabh Kant on Tuesday said that large duty deferential between electrics and hybrids should be maintained as the country should incentive zero-emission technologies to maintain the push towards green mobility.Speaking at an event organised by Mercedes-Benz Research and…
NEW DELHI: The Drug Controller General of India (DCGI) on Tuesday approved a new eye drops to help remove reading glasses. The Mumbai-based drugmaker, Entod Pharmaceuticals announced that it had received a final approval for PresVu eye drops and plans to introduce it in the domestic market in the first week of October. The approval…
Gold price outlook: Goldman Sachs predicts that gold is most likely to experience a price increase in the near future due to its popularity as a risk hedge. The bank believes that upcoming US Federal Reserve rate cuts will attract Western capital back into the gold market, which has been largely absent during the sharp…
MUMBAI: Sebi chairperson Madhabi Puri Buch on Monday said that soon companies, instead of filing new disclosures with two stock exchanges as is required by the regulator, would be able to file on one and the same will automatically reflect on the other. She also said that the mutual fund industry would soon be able…
MUMBAI: Byju’s US lenders have moved the Bengaluru bench of the National Company Law Tribunal to seek removal of Pankaj Srivastava as the interim resolution professional of the startup. Byju’s faces insolvency after the Supreme Court stayed an order by the National Company Law Appellate Tribunal, approving the settlement between the company and BCCI, in…
NEW DELHI: ICICI Bank has issued a strong denial in response to recent allegations from the Congress party on Monday, which accused SEBI Chairperson Madhabi Puri Buch of receiving regular income from the bank and its asset management arm, ICICI Prudential, while serving as a whole-time member and later Chairperson of the capital markets regulator….
Mumbai to Indore train travel gets a boost! Your Indian Railways train journey between Mumbai and Indore is set to get shorter with the Cabinet approving a new railway line project. Prime Minister Narendra Modi-led Cabinet Committee on Economic Affairs on Monday approved a new project that will ensure “shortest rail connectivity between Mumbai and…
Bank Holidays September 2024: In September 2024, banks across various states in India will remain closed for a total of 15 days, including the second and fourth Saturdays as well as Sundays. The Reserve Bank of India (RBI) publishes a monthly list of bank holidays to help customers plan their banking activities and avoid any…
Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, gained in opening trade on Monday morning. While BSE Sensex was above 82,500 after hitting a lifetime high of 82,725, Nifty50 moved above 25,300. At 9:17 AM, BSE Sensex was trading at 82,566.74, up 201 points or 0.24%. Nifty50 was at 25,297.85, up…
BHUBANESWAR: RBI governor Shaktikanta Das expressed confidence Saturday that GDP growth rate would meet the central bank’s projected 7.2% in the current financial year, driven by a monsoon-induced farm fillip and an uptick in govt spending that had been dampened by election-related causes in the first quarter.Das attributed the slower growth of 6.7% in first…
