The News Room India (2024)

02/03/2023

The Bharatiya Janata Party (BJP) in Madhya Pradesh is set to change several party district presidents and office bearers and also a few ministers in charge where the response to the party’s Vikas Yatra was poor, senior party leaders said on Thursday. (Representative Photo) In more than two dozen places, the BJP leaders and ministers faced the anger of locals over “misgovernance” accusing they are not getting any government benefits....

The Bharatiya Janata Party (BJP) in Madhya Pradesh is set to change several party district presidents and office bearers and also a few ministers in charge where the response to the party’s Vikas Y…

02/03/2023

Image Source : TWITTER/ Philanthropic contributions by India's super rich fall by a third in FY22: Report India's ultra high networth individuals (UHNIs), with a net wealth of over Rs 1,000 crore, have significantly decreased their philanthropic contributions, falling from Rs 11,821 crore the previous year to Rs 4,230 crore in FY22. The figures were revealed in the India Philanthropy Report 2023 by Dasra and Bain & Co....

Image Source : TWITTER/ Philanthropic contributions by India’s super rich fall by a third in FY22: Report India’s ultra high networth individuals (UHNIs), with a net wealth of ove…

02/03/2023

Image Source : PTI/ REPRESENTATIONAL (FILE). Adani row: Supreme Court sets up expert committee on issue arising out of Hindenburg report Adani row: The Supreme Court of India set up an expert committee on issues arising out of the Hindenburg report. SC was today (March 2) hearing petitions pertaining to Hindenburg report including on constitution of the committee relating to regulatory mechanisms to protect the investors....

Image Source : PTI/ REPRESENTATIONAL (FILE). Adani row: Supreme Court sets up expert committee on issue arising out of Hindenburg report Adani row: The Supreme Court of India set up an expert commi…

02/03/2023

Image Source : PTI Gautam Adani Barely a few minutes after the Supreme Court set up an expert committee on the issue arising from the Hindenburg Research report on Adani Group companies, billionaire Gautam Adani welcomed the step and asserted, "Truth will prevail." More details will be added soon. Latest Business News Source link

Image Source : PTI Gautam Adani Barely a few minutes after the Supreme Court set up an expert committee on the issue arising from the Hindenburg Research report on Adani Group companies, billionair…

02/03/2023

Image Source : PTI File Photo for representation only. Premium specialty chemicals company Vikas Ecotech has set a target to become a debt-free company by the end of the next fiscal under its debt reduction programme. The small-cap company in an exchange filing informed that it has significantly reduced its debt and aims to cut further. The company informed exchanges that it has paid back Rs 30 million....

Image Source : PTI File Photo for representation only. Premium specialty chemicals company Vikas Ecotech has set a target to become a debt-free company by the end of the next fiscal under its debt …

01/03/2023

Image Source : NASSCOM TWITTER Wipro Chairman Rishad Premji reveals his hiring formula, and it's not only talent Wipro Chairman Rishad Premji has revealed his hiring formula during a conversation at the Nasscom Technology & Leadership Forum 2023 on Wednesday. Premji said that his perception towards hiring changed after a conversation with one of his board members about making Wipro more diverse and inclusive....

Image Source : NASSCOM TWITTER Wipro Chairman Rishad Premji reveals his hiring formula, and it’s not only talent Wipro Chairman Rishad Premji has revealed his hiring formula during a conversa…

01/03/2023

Image Source : FREEPIK Banks will remain closed for 12 days in March 2023 Bank Holidays in March: The month of March 2023 will witness 12 bank holidays, as per the holiday list released by the Reserve Bank of India (RBI). These holidays include both national and regional celebrations, which may vary depending on the region and city. A number of regional festivals like Bihar Divas, Gudi Padwa, and Telugu New Year's Day, will be celebrated in specific cities....

Image Source : FREEPIK Banks will remain closed for 12 days in March 2023 Bank Holidays in March: The month of March 2023 will witness 12 bank holidays, as per the holiday list released by the Rese…

01/03/2023

Image Source : FREEPIK SBI, HDFC, ICICI increase recurring deposit interest rates The interest rates on fixed deposits and recurring deposits at Indian banks have been increased by a record amount. Banks including State Bank of India, HDFC Bank, and ICICI Bank have increased their rates. Depending on the tenure and the bank, these interest rates may vary. Investors in the recurring deposit plan can accumulate a sizable amount at maturity, by making little monthly instalments....

Image Source : FREEPIK SBI, HDFC, ICICI increase recurring deposit interest rates The interest rates on fixed deposits and recurring deposits at Indian banks have been increased by a record amount.…

01/03/2023

Madhya Pradesh finance minister Jagdish Deoda presented a revenue surplus budget of over ₹3.14 lakh crore on Wednesday in the state assembly ahead of the December polls. Madhya Pradesh finance minister Jagdish Deoda presented the state budget today (ANI Photo) With a special focus on women, tribals and religion, Deoda announced schemes for giving scooty and skill upgradation stipends to girl students, a special fund to provide employment to nomadic tribes and the development of Hindu religious structures in Salkanpur, Orchha and Chitrakoot....

Madhya Pradesh finance minister Jagdish Deoda presented a revenue surplus budget of over ₹3.14 lakh crore on Wednesday in the state assembly ahead of the December polls. Madhya Pradesh finance mini…

01/03/2023

Image Source : FREEPIK For home loans, what are the pre-EMI and full-EMI repayment plans? Knowing the differences and better options The most common method used by people to buy a property is a home loan. House loans can be repaid over terms of up to 30 years by making equal monthly installments. However, selecting a lender with reasonable interest rates is crucial....

Image Source : FREEPIK For home loans, what are the pre-EMI and full-EMI repayment plans? Knowing the differences and better options The most common method used by people to buy a property is a hom…

01/03/2023

Hem Securities has come out with its report on Divgi Torqtransfer Systems. The research firm has recommended to â€œ Long Term Susbcribeâ€� the ipo in its research report as on February 28, 2023. Source link

Hem Securities has come out with its report on Divgi Torqtransfer Systems. The research firm has recommended to â€œ Long Term Susbcribeâ€� the ipo in its research report as on February 28, 2023. So…

01/03/2023

Image Source : PTI File Photo for representation. February GST Collection: The gross GST revenue collected in the month of February 2023 is Rs 1,49,577 crore of which CGST is Rs 27,662 crore, SGST is Rs 34,915 crore, IGST is Rs 75,069 crore (including Rs 35,689 crore collected on import of goods) and Cess is Rs 11,931 crore (including Rs 792 crore collected on import of goods)...

Image Source : PTI File Photo for representation. February GST Collection: The gross GST revenue collected in the month of February 2023 is Rs 1,49,577 crore of which CGST is Rs 27,662 crore, SGST …

01/03/2023

The robust growth of power consumption indicates sustained momentum of economic activities in February. Source link

01/03/2023

Madhya Pradesh Finance Minister Jagdish Devda will present the state's first paperless budget on Wednesday, with the focus likely on populist schemes ahead of the assembly election scheduled for year-end. Madhya Pradesh Budget 2023: Governor Mangubhai Patel addresses the House on the first day of Budget Session of Assembly in Bhopal.(PTI) The budget session of the assembly began on Monday with…...

Madhya Pradesh Finance Minister Jagdish Devda will present the state’s first paperless budget on Wednesday, with the focus likely on populist schemes ahead of the assembly election scheduled …

01/03/2023

Image Source : FREEPIK Gold prices suffer worst monthly drop in over a year as rate-hike concerns take center stage With fears that the U.S. Federal Reserve would continue to raise interest rates and a stronger dollar weighing on its appeal, gold prices on Tuesday were poised for their largest monthly decline since June 2021. Although gold prices reached their highest point since April 2022 in early February, they soon changed direction, with strong economic data boosting expectations of more rate hikes, causing bullion to fall over 5% this month....

Image Source : FREEPIK Gold prices suffer worst monthly drop in over a year as rate-hike concerns take center stage With fears that the U.S. Federal Reserve would continue to raise interest rates a…

01/03/2023

Madhya Pradesh recorded a 16.34% growth in 2022, an economic survey report tabled in the MP state assembly stated on Tuesday. BJP-led state government will present e-budget on Wednesday in the state assembly. (Twitter) On the second day of the budget session of Madhya Pradesh legislative assembly, chief minister Shivraj Singh Chouhan said the facts that have come in the Economic Survey prove that the economic situation of MP has been strengthened adding that the base and tax collection of the state budget is increasing....

Madhya Pradesh recorded a 16.34% growth in 2022, an economic survey report tabled in the MP state assembly stated on Tuesday. BJP-led state government will present e-budget on Wednesday in the stat…

01/03/2023

Image Source : PTI Rate of cylinder increased Domestic LPG cylinder prices increased by Rs 50. The domestic LPG cylinder price in Delhi will be Rs 1,103 now. (More details are awaited) Latest Business News Source link

Image Source : PTI Rate of cylinder increased Domestic LPG cylinder prices increased by Rs 50. The domestic LPG cylinder price in Delhi will be Rs 1,103 now. (More details are awaited) Latest Bus…

28/02/2023

Image Source : FILE EPFO sets May 3 as deadline for subscribers The Employees' Provident Fund Organisation (EPFO) on Monday set May 3 as the deadline for subscribers to opt for a higher pension. The Supreme Court on November 4 allowed another change for employees who were existing EPS members as on September 1, 2014, to contribute up to 8. 33 per cent of their actual salaries — as against 8....

Image Source : FILE EPFO sets May 3 as deadline for subscribers The Employees’ Provident Fund Organisation (EPFO) on Monday set May 3 as the deadline for subscribers to opt for a higher pensi…

28/02/2023

Image Source : TWITTER/ Bihar Finance Minister Vijay Chaudhary presented the state Budget 2023-24 in the Assembly. Bihar Budget 2023: Bihar Finance Minister Vijay Chaudhary present the first budget of the Mahagathbandhan government on Tuesday (February 28). The day began amid sloganeering by the Opposition Bharatiya Janata Party (BJP) in the house over issues of law and order, corruption in the state....

Image Source : TWITTER/ Bihar Finance Minister Vijay Chaudhary presented the state Budget 2023-24 in the Assembly. Bihar Budget 2023: Bihar Finance Minister Vijay Chaudhary present the f…

28/02/2023

According to the political economist, the Prime Minister is free of anti-incumbency, his popularity has only grown and the opposition looks more fragmented. Source link

28/02/2023

Image Source : FILE File Photo for representation only. Multibagger stock Vinny Overseas has announced a mega expansion plan. The advanced fabric manufacturer has informed exchanges that it has installed three state-of-the-art Epson machines for digital printing in textiles. The new machines will boost the overall output and also provide high-quality digital printing on textile materials with speed and efficiency, the company said in the filing....

Image Source : FILE File Photo for representation only. Multibagger stock Vinny Overseas has announced a mega expansion plan. The advanced fabric manufacturer has informed exchanges that it has ins…

28/02/2023

Image Source : FILE PHOTO Representational image Telecom firm Bharti Airtel chairman Sunil Bharti Mittal has said that mobile call and data rates will go up this year as the return on capital in the telecom business is very low. Speaking at the Mobile World Congress (MWC) in Barcelona, Sunil Bharti Mittal said, "It (tariff hike) will happen across the board," which means the cost will go up across all plans....

Image Source : FILE PHOTO Representational image Telecom firm Bharti Airtel chairman Sunil Bharti Mittal has said that mobile call and data rates will go up this year as the return on capital in th…

28/02/2023

Image Source : PTI Representational image Economic indicators in India are showing re-acceleration after a slowdown post festive season in October 2022, Morgan Stanley said in its report. After getting slowed down in a fairly broad-based manner post the festive season in October which raised investors concern, the Indian economic indicators have once again started showing resigns of re-acceleration in early 2023, the report says....

Image Source : PTI Representational image Economic indicators in India are showing re-acceleration after a slowdown post festive season in October 2022, Morgan Stanley said in its report. After get…

28/02/2023

Image Source : FILE File Photo for representation only. Captain Polyplast has reported strong earnings for the December quarter and the first nine months of the current fiscal. The company reported the highest quarterly revenue in its history, coming in at Rs 74.5 crore in Q3FY23. Its net profit for the quarter grew 6.6x, the company said in an exchange filing....

Image Source : FILE File Photo for representation only. Captain Polyplast has reported strong earnings for the December quarter and the first nine months of the current fiscal. The company reported…

28/02/2023

Image Source : FILE PHOTO File photo for representation Construction engineering company IRB Infrastructure has obtained the Letter of Award (LoA) from the National Highways Authority of India (NHAI) for the upgradation of a 6-lane from Samakhiyali to Santalpur highway in Gujarat. According to a filing by the company, the project length is 90.90 km and would cost around Rs 2,132 crore....

Image Source : FILE PHOTO File photo for representation Construction engineering company IRB Infrastructure has obtained the Letter of Award (LoA) from the National Highways Authority of India (NHA…

28/02/2023

Image Source : FREEPIK Gold Rises on Easing Dollar Rally, But Concerns Remain Over Rate Hikes Gold prices increased on Monday as the dollar pulled back, despite concerns about further interest rate hikes from the U.S. Federal Reserve that kept bullion close to a two-month low. Spot gold rose 0.5% to $1,818.89 an ounce by 10:08 a.m. ET (1508 GMT), while U.S....

Image Source : FREEPIK Gold Rises on Easing Dollar Rally, But Concerns Remain Over Rate Hikes Gold prices increased on Monday as the dollar pulled back, despite concerns about further interest rate…

27/02/2023

Image Source : SYSTANGO TECHNOLOGIES Representational Image Systango Technologies IPO subscription for the public will open from March 2. The subscription window will close on March 6. The company has fixed the price band at Rs 85 - Rs 89 at a face value of Rs 10 for the issue of up to 38,68,800 equity shares. The company has reserved 1,96,800 equity shares for market makers and 36,72,000 equity shares for a net issue to the public....

Image Source : SYSTANGO TECHNOLOGIES Representational Image Systango Technologies IPO subscription for the public will open from March 2. The subscription window will close on March 6. The company …

27/02/2023

Image Source : FILE File photo for representation only Share India surged more than 2 per cent today on the back of the announcement of the record date for the Rights Issue. According to an exchange filing, the technology-based financial platform will raise Rs 1,000 crore via Rights Sssue. When a company announces a Rights Issue, it issues additional shares to the existing shareholders at a special price in proportion to their holding....

Image Source : FILE File photo for representation only Share India surged more than 2 per cent today on the back of the announcement of the record date for the Rights Issue. According to an exchang…

27/02/2023

Image Source : FREEPIK Apartment registrations jump in Kolkata after government announced stamp duty cuts The number of apartments registered has significantly increased in the Kolkata Metropolitan Area (KMA) after the West Bengal government announced a reduction in stamp duty. All parties, including homeowners, developers, and the government, are expected to further benefit from the additional six-month stamp duty rebate extension , which was proposed in the recent state budget....

Image Source : FREEPIK Apartment registrations jump in Kolkata after government announced stamp duty cuts The number of apartments registered has significantly increased in the Kolkata Metropolitan…

27/02/2023

Image Source : HAL DGCA approved HAL's latest variant of aircraft Directorate General of Civil Aviation (DGCA) gave approval to a new variant of Hindustan Aeronautics Limited's aircraft 'Hindustan 228-201 LW', HAL announced on Monday. What is HAL's Hindustan-228
HAL made several modifications to the aircraft. With the modification, the aircraft would fall in the Sub 5,700 kg aircraft category, it said....

Image Source : HAL DGCA approved HAL’s latest variant of aircraft Directorate General of Civil Aviation (DGCA) gave approval to a new variant of Hindustan Aeronautics Limited’s aircraft…

27/02/2023

Image Source : AVANTA Avanta India operates five such co-working centres in Delhi-NCR. The co-working spaces are redefining the commercial real estate sector in the post-pandemic era, thanks to the rise in the hybrid office work model. Today, co-working spaces are seeing an unprecedented demand, thus giving rise to new opportunities. The occupancy rates at such co-working spaces have now shot up to 90-100 per cent, compared with 45-60 per cent a year ago....

Image Source : AVANTA Avanta India operates five such co-working centres in Delhi-NCR. The co-working spaces are redefining the commercial real estate sector in the post-pandemic era, thanks to the…

26/02/2023

Image Source : PTI Top finance leaders discussed a wide range of economic issues G20 finance meet: The G20 finance meet which was attended by the finance leaders from the world's 20 biggest economies ended on Saturday. The G20 meet on economic issues was concluded without a joint statement after Russia and China objected to the word- 'War' - which was used to narrate the prevailing situation in Ukraine....

Image Source : PTI Top finance leaders discussed a wide range of economic issues G20 finance meet: The G20 finance meet which was attended by the finance leaders from the world’s 20 biggest e…

25/02/2023

Image Source : /TWITTER UK Chancellor Jeremy Hunt FTA agreement: India and the UK have agreed to make further progress on the ongoing negotiations for a free trade agreement (FTA) and also to swiftly organise the next bilateral Economic and Financial Dialogue soon, the British government said on Saturday. At the conclusion of UK Chancellor Jeremy Hunt's India visit for the G20 Finance Ministers and Central Bank Governors meeting, held under India’s 2023 Presidency, the UK’s Treasury department said the finance minister held talks with Indian counterpart Nirmala Sitharaman with a focus on deepening bilateral economic and financial ties....

Image Source : /TWITTER UK Chancellor Jeremy Hunt FTA agreement: India and the UK have agreed to make further progress on the ongoing negotiations for a free trade agreement (FTA) and a…

25/02/2023

A teacher was arrested on Saturday for alleged obscene acts with schoolgirls in Narmadapuram in Madhya Pradesh, a police official said. Representational image. The teacher, who is posted at the Government Middle School in Isharpur village, has been held under provisions of the Indian Penal Code and Protection of Children from Sexual Offences (POCSO) Act, said Sub Divisional Officer of Police (SDOP) Madan Mohan Samar....

A teacher was arrested on Saturday for alleged obscene acts with schoolgirls in Narmadapuram in Madhya Pradesh, a police official said. Representational image. The teacher, who is posted at the Gov…

25/02/2023

ByShruti Tomar/Amit Singh Fourteen people were killed and at least 60 others were critically injured in an accident on Friday night on Churhat-Rewa National Highway in Sidhi district in Madhya Pradesh, police said. Chief minister Shivraj Singh Chouhan reached Rewa Medical College to meet the injured (Twitter/) The accident took place after a cement-laden truck lost control and rammed into the three buses, filled with passengers, standing on the side of the road....

ByShruti Tomar/Amit Singh Fourteen people were killed and at least 60 others were critically injured in an accident on Friday night on Churhat-Rewa National Highway in Sidhi district in Madhya Prad…

25/02/2023

Image Source : AIR INDIA/FILE PHOTO The airline's recent order for 470 aircraft from Boeing and Airbus is expected to result in job opportunities in the Indian aviation industry. Air India Vacancy: Air India, which is owned by Tata Group, has announced plans to hire over 5,000 cabin crew trainees and pilots through 2023 as part of the company's expansion strategy....

Image Source : AIR INDIA/FILE PHOTO The airline’s recent order for 470 aircraft from Boeing and Airbus is expected to result in job opportunities in the Indian aviation industry. Air India Va…

25/02/2023

Image Source : FREEPIK By starting even a small SIP of Rs 500 per month, investors can see their money grow over time, which will serve as an incentive to keep saving and making future investments. (Photo for representation only.) Early retirement: Countless people intend to leave the workplace at an early age. The choices you make as a young adult might very well decide whether you can retire early....

Image Source : FREEPIK By starting even a small SIP of Rs 500 per month, investors can see their money grow over time, which will serve as an incentive to keep saving and making future investments.…

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