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The Karanataka government on Monday approved nine industrial projects with a total investment of Rs 9,823.31 crore, which are expected to create approximately 5,605 jobs.
The projects were approved at the 64th meeting of the State High Level Clearance Committee (SHLCC), headed by Karnataka Chief Minister Siddaramaiah.
While three of these are new investment proposals, the remaining six involve expansions or amendments to existing plans.
According to an official statement, the approved new projects include DN Solutions India Private Limited's Rs 998 crore investment at the ITIR, Devanahalli, expected to create 467 jobs; Silectric Semiconductor Manufacturing Private Limited's Rs 3,425.60 crore project at Kochanahalli, Mysuru, aimed at generating 460 jobs; and Sansera Engineering Limited's Rs 2,150 crore project at Harohalli, which is estimated to create 3,500 jobs.
The six expansion or amended projects with total  investments worth Rs 3249. 71 crore is expected to create 1178 ...

Siddaramaiah, Karnataka CM

Bangalore (Karnataka) [India], December 23: In an era where creativity meets functionality, the demand for skilled interior designers has skyrocketed. JAIN (Deemed-to-be University), School of Design, Media, and Creative Arts (SDMCA), Bangalore, offers a dynamic Bachelor of Science (BSc) in Interior Design program that blends artistic expression with technical expertise. As one of the top BSc interior designing colleges in India, this program equips students with the tools to redefine majestic spaces and create environments that harmonize aesthetics and functionality.

Shape Spaces and Create Masterpieces- Pursue BSc Interior Design at JAIN (Deemed-to-be University)

Singapore, December 23: Siraj Finance PJSC, a leading Islamic Finance Company in the UAE, has signed an agreement with Azentio, a pioneer in the core banking technology service provider. The agreement represents the collaboration for implementation of the core and digital banking solution to further enhance the operational capabilities and digitization of Siraj Finance's product and service offerings. The step is directly in line with Siraj Finance's goal of providing diversified Islamic financial products and services via channels that are innovatively utilizing latest technology while remaining customer centric and regulatory compliant.

Siraj Finance PJSC signs an agreement with Azentio for iMAL core and digital financial services solution subscription optimization

New Delhi [India], December 23: Surmount Logistics, Chennai being a startup company incorporated only in the year 2022, strongly believe that their employees are considered to be the primary reason for their business success. To substantiate their belief, they have recently organised a Rewards  &amp;  Recognition programme honouring around 20 employees with Tata cars, high end motorcycles including Honda scooters  &amp;  Royal Enfield bullets.

Surmount Logistics Solutions- Empowering Excellence and Expectations through Employee Rewards and Recognition

Irdai also adopted several measures to reduce existing unclaimed amounts, asking insurers to prompt policyholders to update their contact details at the time of renewal

Rs, Rupee, Indian Currency, Money

Markets Today LIVE: Indian benchmark equity indices were likely headed for a strong start, after lower-than-expected core inflation reading in the US boosted Wall Street shares there

Stock Market, Market, Crash, Funds, up, Stock, Gain, Lost, decline, statistic, Crisis, Capital, BSE, NSE

Aegis Logistics has seen a strong spurt in price and volumes in the last trading session from the cluster of its significant EMAs on the daily chart

Market, BSE, NSE, NIfty, Stock Market, investment

FinMin says some changes may take effect from April

CGST Act set to see key amendments in Budget session

Experts fear that Indian exporters might have to pay higher duties while exporting pharmaceuticals, textiles, chemicals, and engineering goods

In 2018, as the President of the United States, Donald Trump called India the “tariff king”, citing the high import duties (100 per cent at that time) on Harley Davidson bikes, but also saying the Indian government was ready to reduce it.

"This is a national tragedy, violating the spirit of the Good & Simple Tax the GST was meant to be," says former chief economic adviser Arvind Subramanian

popcorn

Malware detections in the healthcare sector were dominated by Trojans, which accounted for 43.38 per cent of all threats

Healthcare global

Policy priority should be on restoring the inflation-growth balance, said Shaktikanta Das, former Reserve Bank governor, while voting for a status quo on the short-term lending rate earlier this month.
Das, and three other members of the rate-setting panel -- Monetary Policy Committee -- voted in favour of keeping the repo rate at 6.25 per cent, while the other two members favoured reduction in the rate.
In its December bi-monthly monetary policy, the Reserve Bank of India (RBI) kept repo rate unchanged but cut the cash reserve ratio that banks are required to park with the central bank, as it did a balancing act between inflation management and supporting economic growth.
With India's GDP seeing a sharper-than-anticipated dip in the July-September period to 5.4 per cent -- its slowest pace in seven quarters -- inflation on the uptick and rupee under pressure, the RBI had few choices to make.
"The policy priority at this critical juncture has to be on restoring the inflation growth

Shaktikanta Das, Shaktikanta, RBI Governor

Finance ministers of states demanded an increase in allocation of 50-year interest free loan, while fiscally stressed states like Punjab and Kerala pitched for a special package and borrowing flexibility, sources said.
In a pre-budget meeting with Union Finance Minister Nirmala Sitharaman, states have also urged for higher borrowing limits to support fiscal activities, besides additional funds for Jal Jeevan Mission to arrange for tanks and storage to enhance water supplies.
Sources said in the meeting, Maharashtra wanted funds for Mukhyamantri Majhi Ladki Bahin Yojana and demanded that a Centrally Sponsored Scheme (CSS) be launched with the Centre and state sharing 50 per cent of the cost each.
The Budget for 2025-26 is slated to be presented in Parliament on February 1, 2025. Finance ministers of all states attended Friday's meeting with Sitharaman here.
Several states demanded increase in allocations for the 50 years interest-free loan scheme, sources said, adding they also ...

Move may be key to achieving Centre's goal of $11 billion space-related export by 2033

Space

The Supreme Court on Friday directed the Centre to file a fresh status report within two weeks on the status of trials in the 1984 anti-Sikh riots.
A bench comprising Justices Abhay S Oka and Augustine George Masih asked additional solicitor general Aishwarya Bhati to file an affidavit and permitted the petitioners in the case to file detailed objections.
During the hearing, Bhati said recommendations of the special investigation team, set up by the top court, were carried out.
A counsel appearing for one of the petitioners submitted there were some glaring instances in the SIT report and said 500 cases were clubbed in one FIR and the investigating officer could not probe them.
"There were many instances where 498 cases were clubbed in one FIR and IO had to investigate all of them. Initially when the hearing began, the court felt that it should be confined to Delhi only. But we have done nothing about other states. We have given examples of Kanpur, Bokaro, etc., nothing has happene

SC, Supreme Court

Delhiites continued to breathe toxic air as the air quality on Friday remained in the severe category, with the 24-hour average Air Quality Index (AQI) of 429.
The predominant pollutant was PM2.5, the fine particulate matter that poses serious health risks, as they can penetrate deep into the lungs and enter the bloodstream.
Of the 36 monitoring stations across the city, 14 reported air quality in the 'Severe Plus' category, with AQI readings above 450.
The remaining stations recorded AQI levels in the 'Severe' range, between 401 and 450.
These levels signify a significant deterioration in air quality, which is considered life-threatening for vulnerable populations such as children, the elderly, and those with respiratory or heart conditions.
The maximum temperature on Friday was 23 degrees Celsius, slightly warmer than the usual for this time of year.
The day started with a cool, misty morning and high humidity, which fluctuated between 95 per cent and 71 per cent throughout the

Flagging delay in implementation of stricter measures for checking the alarming rise in pollution, the Supreme Court on Monday asked states adjoining the Delhi-National Capital Region (NCR) to immediately set up teams to enforce graded response actio

During the insolvency process, the resolution professional had admitted the claims of these four entities as lenders

Supreme Court, SC

Amid controversy over Home Minister Amit Shah's remarks on Ambedkar, Kejriwal launches Dr Ambedkar Samman Scholarship, pledging support for Dalit students pursuing studies abroad

Kejriwal, Arvind Kejriwal

RBI stated that while it has directed banks not to charge excessive rates of interest, it does not directly regulate the rates charged by banks

Andrew Kosenko

Andrew Kosenko

Andrew Kosenko

Seizing Russia's frozen assets is the right move

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Karnataka govt approves 9 industrial projects worth Rs 9,823 crore

Shape Spaces and Create Masterpieces- Pursue BSc Interior Design at JAIN (Deemed-to-be University)

Siraj Finance PJSC signs an agreement with Azentio for iMAL core and digital financial services solution subscription optimization

Surmount Logistics Solutions- Empowering Excellence and Expectations through Employee Rewards and Recognition

Over Rs 20k cr of unclaimed amounts lie with life insurers at end of FY24

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