Articles for category: Business

Market News

RBI embarks on a monumental 4-5 year project to revolutionize currency management, ensuring safety, efficiency, and eco-friendliness for India’s economic future.

RBI embarks on a monumental 4-5 year project to revolutionize currency management, ensuring safety, efficiency, and eco-friendliness for India’s economic future.

The Reserve Bank of India (RBI) is planning a major overhaul of its currency management system over the next 4-5 years to meet the growing cash needs of the economy. This modernization will include building new currency management centers, automating warehouses, and improving security and inventory systems. The RBI noted that while the growth rate ...

Market News

SOM Distilleries launches India’s first twist-cap beer, aiming for Rs 1,600 crore sales and 15% market share by 2025.

SOM Distilleries launches India’s first twist-cap beer, aiming for Rs 1,600 crore sales and 15% market share by 2025.

SOM Distilleries and Breweries, based in Bhopal, has launched its innovative twist-cap beer, “Woodpecker,” in Karnataka. This marks the debut of India’s first twist-cap beer, featuring two variants: Woodpecker Glide, a mild beer, and Woodpecker Crest, a stronger option. The beers are crafted using imported barley, Indian malts, and German hops, ensuring high quality and ...

Market News

Foreign investors aggressively buy Indian equities as U.S. rate cuts loom, driven by optimism and India’s resilient market conditions.

Foreign investors aggressively buy Indian equities as U.S. rate cuts loom, driven by optimism and India’s resilient market conditions.

Foreign Portfolio Investors (FPIs) have invested Rs 27,856 crore in Indian equities in the first half of September 2024, driven by resilience in the Indian Market and expectations of an interest rate cut by the US Federal Reserve. Since June, FPIs have been on a buying spree after withdrawing Rs 34,252 crore earlier this year. ...

Market News

Prime Minister Modi vows development for Jharkhand’s marginalized as he virtually launches projects, apologizing for his weather-canceled visit.

Prime Minister Modi vows development for Jharkhand’s marginalized as he virtually launches projects, apologizing for his weather-canceled visit.

On September 15, 2024, Prime Minister Narendra Modi emphasized the Indian government’s commitment to the development of marginalized communities, including tribals, women, Dalits, and youth. Addressing a gathering in Tatanagar through a virtual platform, he acknowledged Jharkhand’s previous developmental struggles and announced various projects aimed at fostering growth in the region. Unfortunately, Modi could not ...

Market News

Livpure aims for 1 million water service subscriptions, targeting Rs 900 crore revenue by scaling affordable clean water access.

Livpure aims for 1 million water service subscriptions, targeting Rs 900 crore revenue by scaling affordable clean water access.

Livpure is set to revolutionize access to clean drinking water in India with its innovative water-as-a-service model. The company plans to achieve over one million subscriptions in the next four years, aiming for a revenue of around Rs 900 crore this fiscal year—a growth of 55-60% from last year. Currently, with a customer base of ...

Market News

The Indian equity market soared, hitting record highs as anticipation builds for the US Federal Reserve’s pivotal interest rate decision.

The Indian equity market soared, hitting record highs as anticipation builds for the US Federal Reserve’s pivotal interest rate decision.

The Indian equity Market saw a remarkable performance last week, with the Nifty and Sensex reaching record highs. Investment experts are closely watching the upcoming US Federal Reserve meeting on September 18, which is expected to initiate a series of interest rate cuts. This potential reduction could attract foreign investments into Indian stocks, particularly as ...

Market News

Nitin Gadkari prioritizes ethics in politics, rejecting a Prime Ministerial offer, asserting loyalty to conviction over ambition.

Nitin Gadkari prioritizes ethics in politics, rejecting a Prime Ministerial offer, asserting loyalty to conviction over ambition.

Union Minister Nitin Gadkari has stated that he has no ambitions for the Prime Minister’s position, despite receiving an offer of support from a political leader. Speaking at a journalism awards ceremony in Nagpur, he emphasized the importance of ethics in both politics and journalism. Gadkari recalled a conversation with a senior CPI leader, highlighting ...

Market News

Prime Minister Modi inaugurates new Vande Bharat trains, enhancing India’s rail connectivity with speed, safety, and modern amenities.

Prime Minister Modi inaugurates new Vande Bharat trains, enhancing India’s rail connectivity with speed, safety, and modern amenities.

Prime Minister Narendra Modi is set to launch six new Vande Bharat trains today in Jharkhand, enhancing India’s railway network. These trains offer faster travel, advanced safety features, and luxurious amenities, significantly improving passenger experience. The new routes connect key locations such as Tatanagar-Patna and Gaya-Howrah. With this addition, the Vande Bharat fleet expands to ...

Market News

As harassment escalates, Hong Kong journalists face intimidation amidst a crackdown on press freedom and the chilling effects of national security laws.

As harassment escalates, Hong Kong journalists face intimidation amidst a crackdown on press freedom and the chilling effects of national security laws.

In recent months, journalists in Hong Kong have faced significant harassment and intimidation, particularly due to a crackdown under the national security law. The Hong Kong Journalists Association reported a rise in organized assaults, affecting around 15 journalists and their families. This surge in threats includes online harassment and warnings about potential legal consequences for ...

Market News

Amit Shah urges police leaders to tackle emerging national security threats, emphasizing citizen rights and prompt justice.

Amit Shah urges police leaders to tackle emerging national security threats, emphasizing citizen rights and prompt justice.

Union Home Minister Amit Shah recently addressed India’s top police officials during the National Security Strategies Conference-2024. He emphasized the importance of protecting citizens’ constitutional rights and ensuring quick justice for victims. Shah highlighted the need to address rising national security threats, such as rogue drones, online fraud, and drug trafficking, before they escalate. He ...

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