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Champai Soren resigns as Jharkhand CM, Hemant stakes claim to form govt

Jharkhand Chief Minister Champai Soren on Wednesday resigned from his post, following which JMM leader Hemant Soren called on Governor CP Radhakrishnan and staked claim to form the government.

India's rating upgrade likely in 2 years if fiscal deficit falls to 4%: S&P

The central government estimates to bring down fiscal deficit to 5.1 per cent of the GDP in the current fiscal, from 5.63 per cent in 2023-24

Sebi cuts face value of debt securities to boost retail participation

Market participants are of the view that lower ticket size of debt securities may encourage more non-institutional investors to participate in the corporate bond market

2025 will be best year for growth, profitability: Unacademy co-founder

Amid claims that the edtech company is up for sale, Unacademy Co-Founder and CEO Gaurav Munjal in a social media post asserted that the management is building the company for the long run

Telcos' tariff hikes to push up core inflation by 0.2% in FY25: Report

'Apart from the tariff hikes, the below-trend monsoon rains will be another factor that will be of focus from an inflation trajectory perspective'

HUA ministry extends deadline for Smart Cities Mission till March 2025

The mission has been getting multiple requests from some states to grant some more time to complete the remaining projects, ministry said

'BSNL unable to compete with pvt telcos without 4G, 5G, check tariff hike'

BSNL Employees Union in a letter to Scindia said that the recent tariff hike by the private telecom operators Reliance Jio and Bharti Airtel is unwarranted as they are profitable companies

Coal production from captive, commercial coal mines grow by 35% in Apr-Jun

The coal production from captive and commercial coal mines was 29.26 MT in the first quarter of FY24

Volkswagen launches first certified pre-owned store in Coimbatore

The company, in line with the brand's global transition has rebranded its used car business 'Das WeltAuto' to 'Volkswagen Certified Pre-Owned' cars

FCI wheat procurement hits 26.6 mn tonnes, surpassing last year's purchase

The government had set the MSP for wheat at Rs 2,275 per quintal for the current season (April-March)

Hindustan Zinc committed to partner with India's auto firms, says CEO

The company has recently showcased its extensive product offerings for the automotive sector

Bureaucrat Nikunj Srivastava named senior adviser to ED of World Bank

Srivastava is a 1998-batch Indian Administrative Service (IAS) officer of Madhya Pradesh cadre

Hathras stampede: SDM report cites shoving by security, 'slippery slope'

The situation worsened when people waiting on the divider of the road ahead began running towards the Baba's vehicle, says the report

RBI governor Das asks banks to strengthen governance, risk management

The governor also noted the continued improvement in banks' asset quality, loan provisioning, capital adequacy, and profitability

GST Council decisions to be incorporated in the Finance Bill: CBIC Chief

CBIC Chairman Sanjay Kumar Agarwal said at the 53rd GST Council meeting rate rationalisation was proposed on some goods and services

Army chief Upendra Dwivedi reviews security situation along LoC in J&K

This was his first visit to the Jammu region after taking charge as the 30th chief of the Indian Army on June 30, keeping in mind the ongoing anti-terror operations

Hemant Soren set to return as Jharkhand CM, Champai Soren to quit soon

Sources said Champai Soren, who had taken oath as the 12th chief minister of Jharkhand on February 2 after Hemant Soren's arrest, may resign from the post soon

ABB technology selected by Mahindra & Mahindra for new EV paint facility

The deployment of the technology also includes 42 robots from the IRB 5500 family making M&M the first OEM in India to use PixelPaint technology for the painting of contrasting roofs and pillars

Sikkim govt asks taxi drivers to add QR code as additional payment option

The decision came in view of several complaints from the public over providing accurate fares to drivers due to the non-availability of change either with the driver or the passenger

Fitch affirms 'BBB+' rating on Larsen & Toubro with stable outlook

The ratings reflect the company's strong market position as a large global engineering and construction company with above-average profitability and solid revenue visibility