‘Geopolitics will not affect fundamental momentum of Indian economy’
Ran Li and Nora Diehl, Senior Economists with the World Bank, discuss India’s economic growth, trade barriers, and policy recommendations in the India Development Update 2024
Road to the White House is still wide open - The Hindu BusinessLine
Despite Kamala Harris making up impressive ground, her race with Donald Trump is still a tight one
The moral hazard in banking - The Hindu BusinessLine
There is an implicit protection to private banks. They get bailed out by the State, with the taxpayer picking up the tab
RHI Magnesita India plans ₹3,600 cr capex - The Hindu BusinessLine
RHI Magnesita India investing €400 million to expand refractory production capacity, leading global supplier in critical industries.
Entod stands by `clinically-tested, repurposed, prescription-driven’ eye drops - The Hindu BusinessLine
Entod Pharmaceuticals' prescription-driven eye drops for presbyopia face scrutiny, with doctors cautioning on potential side-effects.
Karnataka sets target to triple its bioeconomy to $100 billion by 2030
The new policy aims to accelerate growth by synergizing with the existing state policies while specifically addressing the biotech sector’s needs, positioning Karnataka as a premier global innovation hub.
PayGlocal gets RBI nod as online payment aggregator
PayGlocal authorized by RBI as online payment aggregator, offering secure, efficient solutions for businesses and customers.
FAME scheme must continue for at least 3-5 years: Assocham report - The Hindu BusinessLine
FAME scheme extension crucial for EV market growth, PLI needed for charging infrastructure, localisation key for EV affordability.
Centre forms an inter-ministerial team to assess flood damage in Telugu States - The Hindu BusinessLine
MHA forms IMHT to assess flood damage in Andhra Pradesh and Telangana, announces Rs 3,300 crore aid; relief efforts underway.
Cost of home cooked non-veg thali dropped by 12%, veg thali by 8% in August
The decline was driven by tomato and broiler prices which fell
Basmati exports up 15% in April-July at $2.03 billion on strong demand
Volume during the period rose 19% to 19.17 lakh tonnes
Rising costs make urban affordable houses unviable for builders
Government’s PM Awas Yojana faces challenges due to rising land prices, construction costs, and pricing limitations for builders
Maharashtra attracts 52.46 per cent of India’s total FDI in Q1 of FY2024-25
State attracted ₹70,795 crore in FDI, reaffirming its position as India’s top destination for foreign investment, said Deputy Chief Minister Devendra Fadnavi
India can still gain from China’s manufacturing shift: WB economist
India can still benefit from China’s exit from labor-intensive sectors like garments, leather, and footwear, says World Bank economist
PayGlocal gets RBI nod as online payment aggregator - The Hindu BusinessLine
PayGlocal authorized by RBI as online payment aggregator, offering secure, efficient solutions for businesses and customers.
Karnataka adding 17 biotech start-ups every month - The Hindu BusinessLine
Karnataka's bioeconomy grows to $31 billion by 2023, with 17 biotech start-ups added monthly, creating jobs and global collaborations.
Max Life enters into bancassurance partnership with CSB Bank - The Hindu BusinessLine
Max Life partners with CSB Bank to offer diverse insurance plans, expanding distribution channels for financial protection needs.
Drought areas becoming flood prone and vice versa in alarming climate trend
Swapping trend seen most in Bengaluru Urban, Pune, Ahmedabad, Patna and Prayagraj
Congress makes fresh corruption charges against SEBI chief, says she received rental income ₹2.16 cr - The Hindu BusinessLine
Congress accuses SEBI Chairperson of corruption, conflict of interest, and insider trading, demanding an independent probe.
Samunnati launches carbon incubator facility for farmers, FPOs
While the facility will explore opportunities such as regenerative agriculture and agroforestry, Biochar was highlighted as a key innovation at the recently held two-day FPO conclave
Brewing depression may hold back monsoon withdrawal process briefly
North-West Pacific super typhoonYagi makes landfall over southern China, makes an impression on Bay system
Storage in key Indian reservoirs rises to 81% of capacity
Level up for 10th week in a row, 25 of the major storages full
ED searches at residence of ex-Principal of RG Kar Medical College and Hospital Sandip Ghosh under PMLA - The Hindu BusinessLine
Enforcement Directorate conducts searches in Kolkata and Howrah to probe money laundering in RG Kar Medical College scandal.
Orthodox tea prices rise on export demand at Kochi auctions
All quantity on offer in the category gets sold
Drip Capital raises $113 million, including funding from Japanese investors
Drip Capital secures $113 million in funding for market expansion and new product development, transforming digital trade finance.