ADNOC

"The role of Maharashtra government is crucial in acquiring the land," the source said

Centre mulls building several refineries, not one UAE-Saudi plant

Reuters

fertilisers, farming, farmers, farm ,agriculture

India plans to increase 2021/22 fertiliser subsidies to a record of more than 1.55 trillion rupees ($20.64 billion) to avoid shortages

India to raise fertiliser subsidies to over record $20.64 bn: Report

India's key property market Delhi-NCR has remained buoyant during the December quarter, with housing sales and new supply estimated to rise 25 per cent and 59 per cent, respectively, according to PropEquity.
Real estate data analytic firm PropEquity data shows that housing sales in Delhi-NCR are likely to rise to 12,915 units during the October-December period of this calendar year from 10,354 units in the year-ago period.
New supply in Delhi-NCR is set to increase 59 per cent to 11,223 units in the current December quarter from 7,072 units in the corresponding period of the previous year.
Among nine major cities across India, Delhi-NCR is the only market where sales and new supply are estimated to rise during the current quarter, real estate data analytics firm PropEquity's data showed.
The other eight markets -- Bengaluru, Pune, Hyderabad, Chennai, Kolkata, Mumbai, Navi Mumbai and Thane -- are likely to witness a fall in sales and new supply during this quarter.
As per the ...

India's real estate sector, significantly buoyed by a robust economy, has emerged as a pivotal player in the country's development. With an 18 per cent share in national employment, real estate is the largest employment generator after agriculture. C

Cubbon Reads, a 'silent reading group' in Bengaluru, claimed that their members were evicted and asked to pay a fine of Rs 35,000 for using the Cubbon Park premises

Cubbon Reads

Opener G Trisha made a doughty fifty before the left-arm troika of Ayushi Shukla, Sonam Yadav and Parunika Sisodia spun web around Bangladesh batters as India scored a 41-run win to emerge champions in the inaugural Women's T20 U19 Asia Cup here on Sunday.
On a spongy pitch, Trisha's 52 off 47 balls (5x4, 2x6) guided India to 117 for seven, but Indian spinners cut through the Bangladesh line-up to bundle them out for 76 in 18.3 overs.
The biggest partnership in Indian innings, in fact in the match itself, was between Trisha and her skipper Nikki Prasad  a 41-run alliance for the fourth wicket.
India batters struggled against pacer Farjana Easmin, who took four wickets.
Despite that, India were restricted to a below-par total, and Bangladesh seemed well on track for a win once they reached 44 for two in the seventh over.
However, Ayushi (3/17), Sonam (2/13) and Parunika (2/12) took over from that point as Bangladesh lost remaining eight wickets for a mere 32 runs.
Brief scores:
I

Women's Under-19 Asia Cup

Akasa Air is in continuous discussions with Boeing on aircraft deliveries and expects to add a few more planes to its fleet in the current fiscal ending March 2025, the airline's chief Vinay Dube has said.
The carrier, which started flying in August 2022, currently has a fleet of 26 Boeing 737 MAX planes and 200 aircraft are on order.
In a recent interview to PTI, Dube said that 2024 has been a good year for the airline and will continue to build on it in 2025.
"On the service excellence we have provided, I think consumers look at Akasa as being a kind and gentler airline, little more empathetic. We will continue to treat our travellers in a kind, gentle manner," he said and added that the airline also continues to make sure its employees feel loved and respected.
Earlier this month, some pilots flagged concerns about alleged training and safety issues, and the airline had rejected them as baseless and untrue.
This year, the carrier has inducted 4 planes into its fleet.
When aske

Vinay Dubey, co-founder and CEO of  Akasa Air

At $6.50 bn, tech accounted for largest share, followed by consumer discretionary and financial sector

mutual fund

GST Council addresses disaster levy, clarifies tax exemptions, and revises ITC norms, while deferring insurance premium GST cut and key rate rationalisation decisions

GST council meeting

After two weeks of buying, FPIs turned net sellers in Indian equities this week, with a net withdrawal of Rs 976 crore amid a strengthening US dollar and steady rise in US 10-year bond yields, impacting investor sentiment.
Foreign Portfolio Investors (FPIs) began the week on a positive note, investing Rs 3,126 crore in equities during the first two trading sessions (December 16-20).
However, the trend reversed in the latter half of the week, with FPIs offloading equities worth over Rs 4,102 crore in the subsequent three sessions. This resulted in an overall net outflow of Rs 976 crore during the week, data from National Securities Depository Limited showed.
Despite this short-term reversal, the broader December trend remains positive. FPIs have infused Rs 21,789 crore into Indian equities so far this month, reflecting continued confidence in India's economic growth potential and its resilient markets.
FPIs adopted a cautious approach due to the US Fed meeting and uncertainty about 

Foreign portfolio investor exodus: Financial sector bears the brunt, FPI

Bihar's Deputy Chief Minister Samrat Chaudhary said another meeting of the GoM is scheduled for January before the proposal is reintroduced to the GST Council

Fundraising via IPOs in India hit another landmark as economic growth, favourable market conditions and improvements in the regulatory framework helped companies raise a record Rs 1.6 lakh crore in 2024, while the pipeline for the next year holds out bigger promise.
This exceptional year not only reflected the confidence of issuers but also highlighted investors' eagerness to seize listing-day gains or back companies with strong long-term growth potential.
The year was marked by Hyundai Motor India's historic IPO, the largest in the country's history, which raised Rs 27,870 crore.
Companies of varying market capitalisations -- large, mid, and small -- tapped into the IPO route in 2024, with the average issue size rising significantly from Rs 867 crore in 2023 to over Rs 1,700 crore in 2024.
The exceptional vibrancy of the IPO market was evident, with December alone seeing at least 15 launches.
"Rising retail participation, strong domestic inflows and active participation by FPIs (

ipo market listing share market

The accumulated losses of state public sector enterprises (PSEs) rose from Rs 3,953.70 crore in 2020-21 to Rs 4,778.70 crore in 2022-23, while the profit earned by 13 SPSEs stood at Rs 20.21 crore as on September 30, 2023, according to a report by the Comptroller and Auditor General (CAG) on finances tabled in the Assembly on Saturday.
The net worth of nine out of these 14 PSEs has been completely eroded by losses and their worth was (-) Rs 1,932 crore against an equity investment of Rs 2,085.59 crore, while three PSEs have outstanding government loans amounting Rs 3,132 crore, the report said.
Himachal Pradesh State Electricity Board topped the list of loss making enterprises with accumulated losses of Rs 1,809.61 crore, followed by Himachal Pradesh Road Corporation at Rs 1707.12 crore, HP Power Corporation at Rs 552 crore, Himachal Pradesh Power Transmission Corporation at Rs 395.91 crore, HP Financial Corporation at Rs 180.97 crore, State Forest Corporation at Rs 113.04 crore, HPM

The Centre may overshoot the Rs 56,260 crore target for dividend receipts from central public-sector enterprises (CPSEs) set for FY25 and is likely to end up getting around Rs 65,000 crore this financial year, according to a senior government officia

At 02:37 pm; Nifty Pharma, the sole gainer among sectoral indices, was up 1.8 per cent, as compared to 1 per cent decline in the Nifty 50.

Prices of active pharmaceutical ingredients (APIs) have been declining over the past several months, boosting the margins of drug manufacturers. However, many industry insiders attribute this to a predatory pricing strategy by Chinese companies, and

Rajya Sabha deputy chairman Harivansh on Thursday dismissed the impeachment notice given by the opposition seeking the removal of Vice President Jagdeep Dhankhar while ruling it as an act of impropriety, being severely flawed and drawn in haste to mar his reputation, sources said.
In his ruling, which was tabled in the House by Rajya Sabha secretary general P C Mody, the deputy chairman said the impeachment notice is part of a design to denigrate the nation's constitutional institutions and malign the incumbent Vice President, the sources said.
At least 60 opposition members had signed the notice for removal of Dhankhar from his post on December 10, alleging that they did not have trust in him and that he was  "biased".
The deputy chairman ruled that the gravity of this "personally targeted" notice which is bereft of facts and aimed at securing publicity.
He also held that the notice was a "misadventure" in "deliberate trivialising and demeaning" of the high constitutional office o

Jagdeep Dhankar, jagdeep, Vice President

Union minister Nitin Gadkari on Thursday said the Indian electric vehicle market potential is likely to touch Rs 20 lakh crore and will create around 5 crore jobs across the entire EV ecosystem by 2030.
Addressing the '8th Catalyst Conference on Sustainability of E-Vehicle Industry - Evexpo 2024', Gadkari said estimated electric vehicles finance market size will be around Rs 4 lakh crore by 2030.
"The Indian electric vehicles market potential is of Rs 20 lakh crore by 2030, creating five crore jobs across the entire EV ecosystem," he said.
The road transport and highways minister said 40 per cent of air pollution in India is because of the transport sector.
"We import fossil fuels worth Rs 22 lakh crore, that is a big economic challenge. And this import of fossil fuels is creating a lot of problems in our country," Gadkari said.
According to Gadkari, the government is concentrating on green energy as 44 per cent of India's power basket is solar power.
"We are giving highest prior

Nitin Gadkari, Nitin, Gadkari

The study reveals that the individual investors account for more than 60% of all index fund AUM as of September 30, 2024. The rest of the AUM is held by corporates and other institutions.

mutual funds

The pre-wedding photo-shoot which captures the couple's courtship is the hot new trend in the wedding market

pre-wedding shoot

The Banning of Unregulated Lending Activities Bill calls for the CBI to handle probes in cases spanning multiple states or UTs

The Centre, in collaboration with states, has proposed to classify unregulated lending as a cognizable and non-bailable offence, with penalties including imprisonment of up to 10 years. The finance ministry has invited feedback by February 13 from st

The latest Economic Survey said, India has to find the right balance between importing goods from China and importing capital (FDI) from China

How policymakers are split over attracting Chinese investment into India

The official further noted that this year's Budget consultations are particularly significant due to the political outcomes of recent state elections

Nirmala Sitharaman, Nirmala

Congress calls FIR against Rahul Gandhi over Parliament scuffle a 'badge of honour', alleging BJP's vendetta and diversionary tactics to counter his protest against Amit Shah's Ambedkar remarks

Rahul Gandhi, Rahul, congress leader

The Opposition Congress has doubled down on its demand for Home Minister Amit Shah's resignation, citing his comments on B R Ambedkar

Rahul Gandhi, Rahul, Congress leader, Priyanka Gandhi, Priyanka

Nidhi Verma

Nidhi Verma

Nidhi Verma

Centre mulls building several refineries, not one UAE-Saudi plant

India to raise fertiliser subsidies to over record $20.64 bn: Report

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Delhi-NCR housing market remains buoyant; sales up 25%: PropEquity

Cubbon Reads event in Bengaluru park stopped, organisers claim harassment

India beat Bangladesh by 41 runs to clinch Women's U19 T20 Asia Cup title

Akasa Air expects to add more planes to its fleet by March 2025: CEO

Venture capital investments hit $16.7 billion, up 14.1% till November

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55th GST Council takes key decisions, defers rate cuts on insurance premium

FPIs pull out Rs 976 crore from Indian equities amid rising dollar

GST Council defers decision to reduce tax on health, life insurance

IPO boom: Record Rs 1.6 trn raised in 2024; bigger gains expected in 2025

Losses of Himachal's 30 PSEs rose from Rs 3,953 cr to Rs 4,778 cr: CAG