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Economy / The Economic Times

Sunny Leone Turns 42: A Look At Jism 2 Stars Myriad Controversies & Investment Portfolio!

Sunny Leone Turns 42: A Look At Jism 2 Stars Myriad Controversies & Investment Portfolio!

13 May 2024 6:22 pm
India's retail inflation eases marginally to 11-month low of 4.83 per cent in April

In April, India's retail inflation slightly decreased to 4.83 percent annually from 4.85 percent the previous month, as per government data released on Monday. According to a Reuters poll of 44 economists, the estimated figure was 4.80 percent.

13 May 2024 5:33 pm
Google I/O 2024: What to expect? Check where and when to watch the livestream

Google I/O 2024 is set to begin this year on Tuesday in Mountain View, California. The event promises a deep dive into Google's latest innovations, focusing on software updates, AI advancements, and more. The keynote, led by Sundar Pichai, will start at 10 AM Pacific Time (10:30 PM India Time) and will be live-streamed on Google's official YouTube channel. Expect insights into Android's future, updates on generative AI like Gemini AI, and potential teasers of upcoming Google hardware.

13 May 2024 5:13 pm
When Sunny Leone brought this Indian city to a standstill

Sunny Leone's visit to Kochi in 2017 for a smartphone brand launch created a frenzy among fans, reminiscent of Shah Rukh Khan's visit earlier. Thousands gathered at MG Road, causing a standstill, to catch a glimpse of the star. Sunny, touched by the love, expressed gratitude and admiration for Kerala, where she continues to enjoy a special bond with fans despite occasional criticism.

13 May 2024 4:46 pm
Indias counter to Pakistans Gwadar port: New Delhi signs 10-year Chabahar Port pact with Iran

India signed a 10-year agreement with Iran on Monday to manage Chabahar Port, marking its first overseas port management venture. The move, amidst a bustling election season, is viewed as a significant geopolitical gesture towards Iran, with potential regional ramifications. This agreement underscores India's strategic interest in Chabahar, which serves as a vital link to Afghanistan, Central Asia, and the larger Eurasian region, offering an alternative to Pakistan's Gwadar port and China's Belt

13 May 2024 4:45 pm
India extends budgetary support to Maldives with rollover of USD 50 million for another year

India extended vital budgetary support to the Maldives by rolling over a USD 50 million Treasury Bill for another year, despite recent bilateral tensions. The State Bank of India subscribed to the bill at zero cost to the Maldivian government, showcasing goodwill and longstanding friendship between the two nations.

13 May 2024 4:40 pm
Eating Mangoes Helps In Weight Loss: 8 Amazing Benefits Of The King Of Fruits

Eating Mangoes Helps In Weight Loss: 8 Amazing Benefits Of The King Of Fruits

13 May 2024 2:45 pm
UPL provides growth, debt outlook for FY25

Agrochem firm UPL expects to return to growth path in the ongoing financial year, normalisation in margins driven by agchem market returning to normality, the company said in its investor presentation on Monday.The company maintained that deleveraging its balancesheet is its first priority. Our foremost priority remains to deleverage our balancesheet which we plan to achieve through operational cash flows, completion of rights issue, and pursuing capital raise opportunities within our platforms,

13 May 2024 2:23 pm
Rough sea alert issued for Kerala and south Tamil Nadu coast

Similarly, there is a forecast for rough sea conditions nearshore along the Tamil Nadu coast during the same period on Monday. The rough sea is anticipated due to high period (15 - 17 sec) swell waves, with heights varying between 0.7 to 1.1 metres. The agency has urged fishermen and coastal residents to exercise vigilance and take necessary precautions in light of these rough sea conditions.

13 May 2024 12:52 pm
India's hair, groundnut oil exports witness surprise surge

Since the onset of the COVID-19 pandemic in 2020, the Indian government has implemented the China Plus One strategy to attract global manufacturing giants like Apple and Samsung to establish operations in India. While the primary focus has been on increasing exports of smartphones and other high-value products, there has been significant growth in other export sectors as well.

13 May 2024 12:40 pm
India expects long-term arrangement with Iran on Chabahar port: Foreign Minister S Jaishankar

India is poised to establish a long-term arrangement with Iran regarding the management of the Chabahar port, according to External Affairs Minister S. Jaishankar. This move, occurring amidst a busy election season, is seen as a significant geopolitical initiative aimed at enhancing regional connectivity. The port development in Chabahar is crucial for India's plans to facilitate trade with Afghanistan and Central Asian countries while bypassing Pakistan's ports.

13 May 2024 12:31 pm
Maharashtra: Government hospitals gear up to outsource critical services

Government hospitals in Maharashtra collaborate with private firms to introduce advanced diagnostic services. District hospitals play a crucial role in providing free treatments for various ailments. Meanwhile cardiac cath labs, and 10-year agreements aim to improve healthcare accessibility. Private players to operate MRI and CT scan facilities, billing at CGHS rates.

13 May 2024 11:32 am
Biden surrendering US campuses to anarchists, jihadist freaks: Donald Trump on college protests

Trump further claimed that he very same people who are funding the violent campus uprisings are also funding Joe Biden's campaign, adding that Biden is running a adicalised Democratic Party.

13 May 2024 7:01 am
Howard University in US cancels students ceremony. Check shocking reason

Howard University in the US was forced to cancel graduation mid-ceremony.

13 May 2024 4:07 am
GA, TPG in race for Altimetrik

MUMBAI: Global private equity funds General Atlantic, TPG Capital, Warburg Pincus and Ontario Teachers' Pension Plan are in contention for acquiring a majority stake in Altimetrik at a valuation of about $1.5 billion (Rs 12,500 crore), said people aware of the development.The Michigan-based pure-play digital services company, owned by American-Indian entrepreneur Raj Vattikuti, is being advised by Jefferies on the stake sale.The promoters plan to offload about 60% in Altimetrik for $900 million

13 May 2024 12:24 am
Race for Lower House enters 4th lap today

NEW DELHI: Elections for 96 Lok Sabha seats spread across nine states and the Union Territory of Jammu & Kashmir will be held in the fourth phase on Monday.Voting will be held simultaneously in all 175 assembly seats in Andhra Pradesh and 28 assembly seats of Odisha.This phase is crucial for Andhra Pradesh chief minister YS Jagan Mohan Reddy. In 2019, his YSR Congress Party had won 22 out of 25 Lok Sabha seats and registered a thumping victory in the assembly elections. TDP-led NDA is posing a s

12 May 2024 11:34 pm
PM Gati Shakti to aid in expanding social security

To begin with, the ministry has geotagged 1.3 million establishments covered under the Employees' Provident Fund Organisation (EPFO), about 1.5 million under the Employees' State Insurance Corporation (ESIC) and 104 ESIC hospitals for assessing the current social security coverage and planning future expansion.

12 May 2024 11:29 pm
Esop non-disclosure triggers black money law

A number of resident individuals working in Indian subsidiaries and arms of offshore parents have recently received notices from the Income Tax (I-T) department which has pointed out amounts that either went undisclosed or untaxed or both.

12 May 2024 9:30 pm
FMCG companies expect volume growth in FY25 with improvement in revenue

The companies were forced to slash prices as prices of major commodities had fallen, which had in turn impacted their topline and value growth in the last two quarters of FY24.

12 May 2024 5:19 pm
Label claims on packaged food could be incorrect & incomplete: ICMR

The Indian Council of Medical Research (ICMR) has cautioned that food labels on packaged items can often mislead consumers, urging them to carefully read information to make informed choices, as stated in the recently issued dietary guidelines. The report highlights that health claims on packaged foods may not always accurately reflect their nutritional content, with some products making incomplete or incorrect claims. For instance, products labeled as 'natural' or 'real fruit' may contain addit

12 May 2024 3:32 pm
AI Express slowly restoring flights; cabin crew union says all members have joined duty

Air India Express is gradually resuming flights and restoring its network, aiming for full normalcy by Tuesday morning. The airline, owned by Tata Group, faced cancellations due to a cabin crew strike but reports indicate members are returning to duty. Despite a glitch in scheduling software, operations are stabilizing.

12 May 2024 3:23 pm
India-Asean trade pact review to be in July

Senior officials of India and the 10-nation bloc of Southeast Asian nations - ASEAN - will hold the next round of talks in July to review the existing free trade agreement in Jakarta, Indonesia, an official statement said on Sunday. The last round of the three-day negotiations concluded on May 9 in Putrajaya, Malaysia. The discussions for review of AITIGA (Asean-India Trade in Goods Agreement) started in May 2023 to make it more trade-facilitative and beneficial for businesses across the region,

12 May 2024 3:03 pm
Evaluation of infrastructure requirements for achieving $1 trillion exports by August-September: Official

A study by the Asian Development Bank is underway to assess infrastructure needs and identify industry clusters to achieve India's USD 1 trillion merchandise export target by 2030. In 2023-24, exports dipped to USD 437 billion and imports to USD 675.4 billion. Investments in roads, ports, airports, and railways are crucial for handling the projected USD 2.5 trillion trade. Key sectors expected to drive export growth include electronics, pharmaceuticals, and marine products, with clusters in Chen

12 May 2024 1:22 pm
Rajahmundry braces for 3-way contest between Congress' Raju, BJP's Purandeswari and YSRCP's Srinivas

Rajahmundry is one of the 25 Lok Sabha constituencies of the state of Andhra Pradesh. As per the announcement made by the Election Commission of India on March 16, Rajahmundry will undergo voting in the 4th phase of the 2024 general elections i.e. May 13. The date of vote counting is June 4.

12 May 2024 12:58 pm
Escorts Kubota plans to invest up to Rs 4,500 cr in new plant over next 3-4 years

Escorts Kubota Ltd plans to invest up to Rs 4,500 crore over the next three to four years in a new manufacturing plant in Rajasthan's Ghiloth. The plant aims to double domestic tractor production capacity to 3.4 lakh units annually and establish new engine and construction equipment lines. The greenfield project is expected to cost between Rs 4,000 crore to Rs 4,500 crore. Land procurement is slated for this fiscal year, with construction to commence by year-end.

12 May 2024 11:26 am
India's coal import rises 8% to 268 MT in FY24

India's coal import surged by 7.7% to 268.24 MT in FY24, driven by lower seaborne prices and anticipated rise in power demand during summer. March FY24 saw an increase to 23.96 MT. Non-coking coal import was 15.33 MT, while coking coal import stood at 5.34 MT. Domestic coal production in FY24 grew by 11.65% to 997.25 MT.

12 May 2024 11:15 am
449 infra projects hit by Rs 5.01L cr overrun

New Delhi: As many as 449 infrastructure projects, each entailing an investment of Rs 150 crore or above, were hit by cost overrun of more than Rs 5.01 lakh crore in March 2024, an official report stated. According to Ministry of Statistics and Programme Implementation (MoSPI), which monitors infrastructure projects worth Rs 150 crore and above, out of 1,873 projects, 449 reported cost overrun and 779 projects were delayed. Total original cost of implementation of the 1,873 projects was Rs 26,87

12 May 2024 11:09 am
Hindujas get Irdai nod for buying Reliance Capital business; conditions apply

According to sources familiar with the situation, the insurance regulator has granted approval for the Hinduja Group to acquire Reliance Capital's life, general, and health insurance businesses, with the condition that shares of the companies will not be pledged. However, the deal is still pending approval from the Reserve Bank of India (RBI) and the Competition Commission of India (CCI).

12 May 2024 5:32 am
Luxury car companies keep it cool inside with advanced glass coatings

Car manufacturers are adopting sophisticated glass coatings to maintain cool temperatures inside vehicle cabins, reducing the reliance on air conditioning as temperatures soar above 45C in certain Indian cities during the summer. This initiative coincides with the trend towards larger vehicles like SUVs and electric models, which demand more battery pack space, resulting in larger glass surface areas and thermal loads

12 May 2024 5:30 am