There are more indirect benefits for units outside these enclaves and constant policy flip-flops have made them unattractive

Why SEZ policy reforms have no takers

Business Standard

New Delhi [India], December 21: Odisha-origin entrepreneur Arun Kar, now a British innovator, has achieved global recognition for his company Xpertnest. Known for sustainability and technology solutions, Xpertnest recently raised $1 million in a pre-Series A funding round and injected the first tranche into BharatEarns, India's pioneering embedded finance platform. Arun Kar's focus on creating impactful solutions has made BharatEarns a prime beneficiary of this investment.

Xpertnest\'s $1 Million Investment Fuels BharatEarns\' Growth in India\'s Financial Ecosystem

New Delhi [India], December 21: In a move designed to support healthcare practices in maintaining their autonomy and ensuring financial sustainability, IKS Health, a provider of care enablement platforms, announced a new partnership with Western Washington Medical Group, a prominent multi-specialty healthcare organization in Washington State. This collaboration aims to streamline revenue cycle related processes, enabling the medical group to focus more on patient care while reducing administrative burdens and improving operational efficiency.

Western Washington Medical Group Partners with Inventurus Knowledge Solutions Limited to Enhance Revenue Cycle Operations and Patient Access

Raipur (Chhattisgarh) [India], December 21: India is witnessing a boom in start-ups, with many focusing on creating eco-friendly products that prioritise environmental conservation. Among these is Raipur-based start-up Gift Kya De (GKD), a rare manufacturing company that has carved a niche for itself nationwide through its innovative approach and dedicated efforts. By producing Make-in-India products, GKD is playing a crucial role in promoting local manufacturing and self-reliance.


Eco-Friendly Gifting Revolution: \'Gift Kya De\' Among 54 Start-ups Selected for Amazon Propel Season 4 from 900+ D2C Brands Across India

India has been awarded the hosting rights for next year's Junior World Cup involving competitions in rifle, pistol and shotgun disciplines, the National Rifle Association of India (NRAI) said on Saturday.
This will be the country's third top International Shooting Sport Federation (ISSF) event in recent times after the senior World Cup in Bhopal in 2023 and the season-ending World Cup Final earlier this year, reinforcing India's stature as one of the sport's top destinations in the world.
The dates of the tournament though are yet to be finalised.
Reacting to the development after the NRAI received the official confirmation from the ISSF, the national federation's president Kalikesh Narayan Singh Deo, said, "We had a fruitful executive committee meeting of the ISSF in Rome last month and all member federations as well as the ISSF president Luciano Rossi was all praise with the way India has been hosting top international shooting competitions and helping to grow the sport ...

Air Rifle

Patiala (Punjab) [India], December 21: Thapar Institute of Engineering  &amp;  Technology (TIET), recognized as one of India's premier institutions, announces the opening of admissions for the MBA and PhD programs at its business school, LM Thapar School of Management (LMTSM), for the upcoming academic year. TIET is renowned for its academic excellence, research contributions, and strong industry linkages, offering a wide range of undergraduate, postgraduate, and doctoral programs across various disciplines.

LM Thapar School of Management Announces Admissions for MBA and PhD Programs for the Upcoming Academic Year

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

Supreme Court, SC

The government on Friday announced an increase in the minimum support price (MSP) for copra by up to Rs 420 to Rs 12,100 per quintal for 2025 with a budget outlay of Rs 855 crore.
A decision in this regard was taken by the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi.
The MSP for 'milling copra' has been increased by Rs 420 to Rs 11,582 per quintal, while for 'ball copra' by Rs 100 to Rs 12,100 per quintal for 2025, Information and Broadcasting Minister Ashwini Vaishnaw told reporters.
The total financial implication would be Rs 855 crore.
Cooperative agencies Nafed and NCCF will be the central nodal agencies for the procurement of copra, he added.

Ashwini Vaishnaw, Ashwini, Vaishnaw

December marked the second policy review meeting for the external members, who have a fixed four-year term

Inflation, Vegetables, Fruits, Budget 2024

They also support a rate cut to avoid the risk of sharp currency appreciation if India does not normalise interest rates when most other global central banks have already embarked on an easing cycle

RBI, Reserve Bank of India

The reserves stood at $655 billion in the week ended December 6, having declined by $3.2 billion during that week

The country's foreign exchange reserves have risen by $311 billion since December 2018, when the tenure of Reserve Bank of India (RBI) Governor Shaktikanta Das began. This represents the largest forex jump under any governor to date. India now has th

Markets are pricing in a 95.4% chance of a 25 basis points cut in this meeting, expected to be announced at 2 p.m. EST (1900 GMT), according to CME's FedWatch tool

gold, silver, gold silver prices

A total of 47 projects from Bihar have been issued in-principle approvals for interest subvention on bank loans for establishing new or expanding existing distilleries, the government said on Wednesday.
Currently, 22 ethanol distilleries - 8 molasses-based and 14 grain-based - are operational in Bihar, Minister of State for Food Nimuben Jayatibhai Bambhaniya said in a written reply to the Lok Sabha.
The government is implementing the Ethanol Blended Petrol (EBP) Programme nationwide, with Oil Marketing Companies (OMCs) selling petrol blended with ethanol. Under the programme, the government has set a target of 20 per cent ethanol blending with petrol by 2025-26.
To boost ethanol production capacity and meet blending targets, the Centre has introduced various Ethanol Interest Subvention Schemes from 2018 to 2022.
Under these schemes, 47 projects from Bihar have received in-principle approvals, she said.
For each Ethanol Supply Year (ESY), OMCs invite bids from distilleries for etha

ethanol

Hoax bomb threats on airlines now attract fines up to Rs 1 crore under revised Aircraft Security Rules as the Centre aims to curb disruptions, and enhance safety

airline

Maruti Suzuki India on Wednesday said it has inked a pact with the Bihar government to automate driving license test tracks at Bhagalpur, Darbhanga, Gaya, Purnia and Saran.
With zero human intervention, the automated driving test tracks are aimed to make license testing more comprehensive, efficient and transparent, the auto major said in a statement.
"According to data shared by the Union Road Transport Ministry, 15.3 lakh lives were lost in road accidents in the 10 years between 2014 and 2023 in India," Maruti Suzuki India (MSI) Executive Officer Corporate Affairs Rahul Bharti said.
Road accident death rate in the country is around 250 per 10,000 km as opposed to 119 in China, 57 in the US, and 11 in Australia, he added.
"An important aspect of road safety is driver's skill and knowledge of traffic rules. Automated driving test tracks will ensure that license seekers are better prepared and only skilled drivers are awarded a driving license. This will bring a positive transformat

Driving, Drive

Khalid is required to surrender before the Jail Superintendent on the evening of January 3, 2025

Umar Khalid (Photo: Facebook)

Prime Minister Narendra Modi on Wednesday condoled the loss of lives in a boat accident off the Mumbai coast and announced an ex-gratia of Rs 2 lakh for the next of kin of each deceased.
Thirteen persons died and 99 others were rescued after a Navy craft crashed into a ferry off the Mumbai coast on Wednesday, the Navy said.
At about 4 pm, a Navy craft undergoing engine trials lost control and collided with passenger ferry Neel Kamal off Karanja near Mumbai, the Navy said in a statement. The ferry was carrying passengers from the Gateway of India to Elephanta Island, a popular tourist destination.
"The boat mishap in Mumbai is saddening. Condolences to the bereaved families. I pray that the injured recover soon. Those affected are being assisted by the authorities," Modi was quoted as saying by his office in a post on X.
"The Prime Minister has announced an ex-gratia of Rs 2 lakh from PMNRF for the next of kin of each deceased in the boat mishap in Mumbai. The injured would be given

Modi, Narendra Modi

Dhaka has been behind on payments to Adani Power since supply started in July 2023

Adani group

The Trump administration has earmarked clearly three areas on the basis of which it will determine trade negotiations. One clearly is to look at ways to reducing its trade deficit with some countries

trade deficit

Mumbai ferry accident: An FIR was filed at the Colaba police station in south Mumbai under relevant sections of Bharatiya Nyaya Sanhita (BNS) against the Navy speedboat driver

Capsize, Mumbai Capsize, Boat Capsize

Fugitive liquor baron Vijay Mallya questions excess recovery claims, seeks relief from authorities

Indian businessman Vijay Mallya leaves the Royal Courts of Justice in London, Britain February 11, 2020. (REUTERS/File Photo)