Thomas Zilliacus announced that he had submitted a bid to purchase Manchester United. Zilliiacus wants to buy half of Manchester United, and the fans own the club’s other half, so the fans will be on the decision-making committee. However, Sir Jim Ratcliff, owner of Ineos, put in his bid onRead More →
India is moving fast toward the development stage. The textile sector in the country will now get more advanced after the introduction of mega textile parks. PM Modi announced the setting up of mega textile parks in the textile field in 7 states of India. The PM said that thisRead More →
On January 25, the Reserve Bank of India (RBI) staged the very first auction for Rs 8,000 crore worth of Sovereign Green Bonds (SGrBs). This will be the first of two bids the RBI will undertake this academic year, with a total bidding value of Rs 16,000 crore for sovereignRead More →
Stocks under emphasis include Adani Enterprises, SBI, Vedanta, Jubilant FoodWorks, CBI, IndusInd Bank, and Aurobindo Pharma. The SGX Nifty suggests that the key indexes BSE Sensex and NSE Nifty 50 will open lower. Stocks to watch on Thursday include Adani Enterprises, SBI, Vedanta, and Jubilant FoodWorks. According to SGX Nifty,Read More →
Tamil Nadu has requested a PLI programme for leather and non-leather footwear in order to establish India as a centre for exporters. With companies flooding the government with requests for more production-linked incentive (PLI) programmes, the Centre may include more than a half-dozen new categories in the Budget for 2023-24.Read More →
Windfall profits tax on oil has been reduced to Rs 1,900 per tonne, down from Rs 2,100 per tonne previously. Export taxes on fuels have also been reduced. In addition, the government cut the export tariff on ATF from Rs 4.5 to Rs 3.5 per litre. The government has reducedRead More →
Budget 2023: According to sources, the Centre would likely enhance incentives for states to undertake asset monetisation and urban transformations planning as part of long-term interest-free capital loans in FY24 as well. Budget 2023: The fiscal year 2023 budget will most likely strengthen incentives and financing assistance for state governmentsRead More →
In an effort to curb fraud, the Indian government is enabling banks to use face recognition and, in certain circumstances, an iris scan to authenticate individual transactions that surpass a particular yearly limit. According to three sources, the Indian government is enabling banks to authenticate individual transactions that surpass aRead More →
Highlights of the 2023 Auto Show: A variety of items were on display during the exhibition, ranging from the Maruti Suzuki eVX to the Tata Harrier EV. On the first day of the exhibition, 59 automobiles made their global/India premiere. On January 11, 2023, the 16th edition of the AutoRead More →
The show will showcase the largest ever exhibition of EVs in both the passenger and commercial vehicle categories. At India’s major automobile exhibition, which returns to the National Capital Region (NCR) on Wednesday after a three-year hiatus, up to 75 cars will be launched and displayed, with five of themRead More →