Page 406 - Latest News
Sedemac Mechatronics surges 7.4% on trading debut amid weak markets
Sedemac Mechatronics shares debuted 7.4% higher on listing, while Walmart-backed Flipkart is preparing to invite banks to pitch for work on its potential IPO
 "Sedemac Mechatronics surges 7.4% on trading debut amid weak markets")
Getting to the AI frontier: India must move from access to leadership
India cannot remain only a user of AI systems shaped elsewhere
 "Getting to the AI frontier: India must move from access to leadership")
A Finance Commission that questions states but spares the Union government
The Commission appreciates the Union government's fiscal restraint during the pandemic and the subsequent reduction in deficits and debt following the sharp spike seen in the pandemic year
 "A Finance Commission that questions states but spares the Union government")
Orissa HC asks MHA to frame uniform policy on freezing bank accounts
Orissa High Court asks the Ministry of Home Affairs to frame a uniform national policy and SOP for freezing bank accounts during criminal investigations
 "Orissa HC asks MHA to frame uniform policy on freezing bank accounts")
Petrochemical units, power plants to face brunt of gas allocation
With LNG flows from Qatar disrupted by the Strait of Hormuz closure, the government prioritises household gas and transport fuel while industry braces for supply cuts and higher costs
 "Petrochemical units, power plants to face brunt of gas allocation")
Labour Codes and India's continuing search for regulatory clarity
The first of a two-part series on labour Codes looks at wage definition, compliance challenges, and the road ahead
 "Labour Codes and India's continuing search for regulatory clarity")
Birth incentives and bad economics: The flaws in Andhra's demographic plan
The policy runs the risk of creating adverse outcomes. First concerns the quality of human capital. Given that India's and Andhra Pradesh's falling TFR is the result of improved education and incomes
 "Birth incentives and bad economics: The flaws in Andhra's demographic plan")
Risk-reward ratio favorable for long-term investors: Rahul Singh, Tata AMC
Strategy for 2026, he said, is shifting toward sectors with a probable growth visibility such as Banking, Consumer, Resources and Manufacturing.
 "Risk-reward ratio favorable for long-term investors: Rahul Singh, Tata AMC")
Operational hurdles in KYC, high costs deter int'l investors in GIFT City
IFSCA mulling measures to ease onboarding of foreign nationals, including through video KYC
 "Operational hurdles in KYC, high costs deter int'l investors in GIFT City")
Sebi chief urges stricter valuation rigour for AIFs as IPO exits rise
Pandey calls for disciplined practices, ESG integration, and long-term capital deployment
 "Sebi chief urges stricter valuation rigour for AIFs as IPO exits rise")
Standard Chartered evacuates staff from offices in Dubai: Report
British bank Standard Chartered has a large presence in the United Arab Emirates, with Dubai now a large financial hub for leading international banks including JPMorgan and HSBC
 "Standard Chartered evacuates staff from offices in Dubai: Report")
Iran warns oil could hit $200 a barrel amid threat of continuous strikes
"We won't allow even one litre of oil to reach the US, Zionists (Israel) and their partners. Any vessel or tanker bound to them will be a legitimate target," Ebrahim Zolfaqari said
 "Iran warns oil could hit $200 a barrel amid threat of continuous strikes")
FDI restrictions relaxed for China, other countries under Press Note 3
Automatic route allowed for stakes below 10%
 "FDI restrictions relaxed for China, other countries under Press Note 3")
Govt steps up rare earth exploration in Andhra, Odisha, Tamil Nadu
Surveys underway in coastal and inland regions to identify monazite deposits as the government pushes to strengthen domestic rare earth supply chains
 "Govt steps up rare earth exploration in Andhra, Odisha, Tamil Nadu")
Ashok Leyland breaks ground for EV battery pack facility in Tamil Nadu
Ashok Leyland breaks ground for a battery pack manufacturing facility near Chennai with an investment of Rs 400-500 crore to support localisation and strengthen India's EV ecosystem
 "Ashok Leyland breaks ground for EV battery pack facility in Tamil Nadu")
IEA to release record 400 million barrels of oil from stockpiles
The IEA, which co-ordinates stockpile releases for OECD countries, has said its 32 members hold more than 1.2 billion barrels in public emergency stockpiles
 "IEA to release record 400 million barrels of oil from stockpiles")
CCI dismisses complaint against IndiGo, A-I over alleged market dominance
The complainant alleged that the domestic carriers were maintaining unconscionable and illegal rates of cancellation charges and imposing arbitrary conditions and prices for the sale of services
 "CCI dismisses complaint against IndiGo, A-I over alleged market dominance")
India's Russian oil buy surges 50% amid scramble to replace lost barrels
India bought about 1.5 million barrels of Russian oil this month, up from 1.04 million bpd in February, ship tracking data showed
 "India's Russian oil buy surges 50% amid scramble to replace lost barrels")
Cabinet likely to approve Indian Statistical Institute Bill 2026
"The process of Cabinet approval has been initiated. The matter is under consideration in accordance with the prescribed procedure," Rao Inderjit Singh said
 "Cabinet likely to approve Indian Statistical Institute Bill 2026")
Himachal has adequate petrol, diesel and LPG stocks, says chief secretary
The Chief Secretary urged the general public, particularly domestic LPG consumers, not to panic or make unnecessary bookings based on misleading information circulating on social media
 "Himachal has adequate petrol, diesel and LPG stocks, says chief secretary")