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

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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

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FinMin says some changes may take effect from April

CGST Act set to see key amendments in Budget session

The statutory inspection of the companies was conducted by the RBI with reference to their financial position as of March 31, 2023

fine penalty

Vedanta Resources Limited (VRL), the parent firm of Mumbai-based mining conglomerate Vedanta Ltd, has received a rating upgrade from S&P Global Ratings.
The agency upgraded VRL's corporate family rating from 'B-' to 'B'.
With this, VRL's rating by S&P has gone up by five notches from 'CC' in December last year.
"We raised our issuer credit rating on Vedanta Resources Ltd. to 'B' from 'B-' and raised our issue ratings on the company's guaranteed bonds to 'B-' from 'CCC+'," the rating agency said.
S&P said in its report that the upgrade comes after VRL obtained the minimum acceptances needed to close its consent solicitation exercise for 2028 bonds.
"The stable outlook reflects our expectation that refinancing risks will be more manageable after the transaction given a newfound funding flexibility and improved capital market access," the agency said in its report.
"The stable outlook also reflects the company's sound underlying operations, which should support internal cash .

Vedanta

The procurement of the latest batch of K9 Vajra-T guns will "catalyse artillery modernisation" and "enhance the Indian Army's overall operational readiness", said the MoD

K-9 Vajra -T is an indigenously manufactured Self-Propelled Gun System of the Indian Army | Photo: X / @adgpi

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

"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

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

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The Indian Renewable Energy Development Agency Limited has sanctioned over Rs 3,000 crore for green energy projects across Odisha, covering solar, hydro, ethanol and renewable energy manufacturing sectors, a top IREDA official said here on Monday.
Chairman and Managing Director of IREDA, Pradip Kumar Das said this while addressing the Odisha Solar Investor Conclave, organised by GRIDCO and iFOREST (International Forum for Environment Sustainability and Technology) here.
Das reaffirmed its commitment to Odisha's ambitious renewable energy target, with the state setting its vision on achieving 10 GW (gigawatt) capacity by 2030.
He highlighted IREDA's unique position as a competitive financier with fully paperless, digitized and borrower-friendly operations, fostering seamless support for green energy projects.
Das said Odisha has the potential to emerge as a leading solar power producer and a hub for solar equipment manufacturing.
Sharing IREDA's national contributions, he noted tha

SAEL, Renweable energy firms, Green energy

Outpaces Growth of Market indices by an impressive margin with growth of over 50% in just 6 months

Ashok Holani

The selection procedure, including interviews and group discussions, for the full-time internship scheme has already started, he said

Bhajan Lal Sharma, Chief Minister, Rajasthan

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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Ireda sanctions over Rs 3,000 crore for green energy projects in Odisha

Holani Venture Capital Fund Surges Ahead with HVAC Sector Leading 52% Allocation

Rajasthan govt likely to start internship scheme for youth from next year

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