According to CLSA, the Indian cement sector may see a price increase of 4% in the second half of FY25 and this will be good news for companies that have been affected by low prices across India for the last several quarters. However, the sustainability of these price increases remains a key monitorable factor, according…
In order to alert customers and the public about a scheduled power outage on December 12 from 10 a.m. to 2 p.m., the electricity department has released a press release. Several locations that receive electricity from the five feeders—Radial-I, Radial-II, Dairy Farm, Nayagaon, Airport, and Lamba Line—will be impacted by this outage. The planned power…
According to data compiled by the Federation of Automobile Dealers Association, retail sales of vehicles across categories in India rose 11.21 percent to 32,08,719 units in November as against 28,85,317 units in the same month last year. Retail sales of two-wheelers rose to 26,15,953 units in November as against 22,58,970 units in the same month…
In honor of FIT India Week 2024, the Ministry of Youth Affairs and Sports’ Sports Authority of India (SAI) is holding a poster contest to raise awareness of fitness among Indian educators, parents, students, and educational institutions. The goal of FIT India Week, an annual event under the Fit India Movement, which was started in…
Oil prices rose more than 1% on Monday, as top importer China took its first step toward easing monetary policy for the first time since 2010 to boost economic growth, state media reported, citing a politburo meeting. Brent crude futures rose $1, or 1.4%, to $72.12 a barrel at 1356 GMT. U.S. West Texas Intermediate…
On November 29, 2024, the Directorate of Social Welfare’s State Adoption Resource Agency (SARA) hosted an adoption awareness event at the Bambooflat Tsunami Shelter. The program’s objectives were to foster good attitudes toward adoption and to inform Anganwadi personnel and the general public about the legal adoption procedure. The significance of legal adoptions was emphasized…
The State Bank of India (SBI) has projected that India’s gross domestic product (GDP) will grow at 6.3% during the current financial year (FY25), lower than the Reserve Bank of India’s (RBI) forecast of 6.6%, which was revised upward from 7.2% earlier. “We believe GDP growth for FY25 will be lower than the RBI forecast…
The Enforcement Directorate (ED) conducted searches at seven places in Mumbai and Ahmedabad in a financial fraud case. The search operation began on Friday in a financial fraud case of Rs 196 crore. Suspicious financial transactions of more than Rs 100 crore were reported in Nashik Commercial Cooperative Bank. A complaint was filed at Malegaon…
IGL share price jumped nearly 4 per cent in mid-day trade on December 5 after the city gas distributor announced that the board will consider a proposal to issue bonus shares on December 10. “It is notified that the Board of Directors is scheduled to meet on December 10, 2024 to consider a proposal to…
Seven indigenous and distinctive goods have been awarded Geographical Indication (GI) tags, acknowledging their cultural and historic significance, marking an important milestone for the Andaman and Nicobar Islands. The Hon. Prime Minister’s goal to honor the workmanship and legacy of old tribal communities is in line with this effort. The products awarded Gl tags are:…
