RBI has maintained a hawkish tone in the last two policy reviews, and those steps were to further reinforce the point that the central bank is not dropping its guard on inflation any time soon

Shaktikanta Das

Business Standard

The government has set a fiscal deficit target of 5.9 per cent of GDP for FY24

govt spending, fiscal budget, budget

Shares of Ashapura Minechem were locked in the 5 per cent upper circuit at Rs 460.25 on the BSE.

Sensex, Nifty, stock brokers

Stocks to Watch on December 7, 2023: As per reports, Warburg Pincus is offloading shares in Bharti Airtel and IDFC First Bank

bse, stock market, markets

Jain acquired Adani shares weeks after a brutal shortseller report had battered the ports-to-power conglomerate and wiped out more $150 billion in market value

Rajiv Jain

Bloomberg

IAN Alpha Fund has a corpus of Rs 1,000 crore and is registered with Sebi under AIF Category II

investment, investment bankers, brokers, investors, company, firms, board, directors, CEOs, management, funding, tech, economy, gdp, aif, alternative investment fund, capital, startups, tech, savings, money, cash, shares, funds, equity

Women who upskilled found it easier to return to work after a break, says upGrad

upskill, upgrade education, upskilling, learning new skill, skill development

Sadhana Nitro Chem Ltd, which manufactures intermediate specialty chemicals, on Monday said it will set up a green hydrogen facility for captive usage and launch a rights issue to raise up to Rs 50 crore.
In a regulatory filing, the company said it "will foray into land green energy for captive usage (self-consumption). The company will set up a green hydrogen facility, based on a solar plant and wind farm with a capacity of 15MW-20MW."
The board also approved a rights issue, subject to necessary approvals from regulatory authorities. The rights shares are being offered at Rs 121 per share (a premium of Rs 120), and the company will look to raise up to Rs 49.95 crore.
The funds for the rights issue will be mainly used for the acquisition of a 126-acre land plot.
This land will be strategically employed for the establishment of both a solar power facility and a wind energy installation.
"These sustainable energy sources will be harnessed to generate electricity, which, in turn, wil

Green Hydrogen

Press Trust of India

Sam Manekshaw's biopic Sam Bahadur again slows down at the box office after collecting Rs 10.3 crore on Day 3. Sam Bahadur movie released in theatres on December 1

Sam Bahadur 2023

BS Rich Content

Ranbir Kapoor-starrer Animal continues to do phenomenal business at the box office and has crossed the Rs 350 crore mark worldwide. The movie was released in theatres on December 1, 2023

Ranbir Kapoor's Animal

S&P said that India will be the fastest-growing emerging market in the world, but its paramount test will be whether the country can become the next big global manufacturing hub

indian gdp, indian gdp growth

The BJP has twice now won majorities in India's parliament by sweeping almost every constituency in the north and the west of the country

PM Modi, Narendra Modi

Before India and China can commit to a future without coal, there are geopolitical and technological hurdles that need to be resolved

coal supply, power, energy, mining

Tata Group-owned airline said that the move is expected to help Air India save $1 million annually

Air India moves its entire IT infra to cloud

West Bengal Chief Minister Mamata Banerjee on Monday said she won't be able to attend the upcoming opposition INDIA bloc meeting scheduled in Delhi on December 6, citing prior engagements in North Bengal.
Banerjee said she was unaware of the meeting date and indicated that had she been informed in advance, "she would have rescheduled her itinerary."
Leaders of the opposition INDIA bloc are set to convene at the residence of Congress president Mallikarjun Kharge in Delhi on December 6 to formulate a strategy for the 2024 Lok Sabha elections, as per sources on Sunday.
"I will be visiting North Bengal from December 6- December 11. I was not aware of the meeting date on December 6. Had I known about the meeting date beforehand, then I could have rescheduled my visit," Banerjee told reporters outside Raj Bhawan.
The participation of any other leader from the party at the meeting remains unclear at this point.
Banerjee, accompanied by her nephew and TMC national general secretary Abhish

Mamata Banerjee

Prime Minister Narendra Modi has directed the Ministry of Home Affairs to release in advance the second installment of the Centre's contribution to the SDRF of Rs 493.60 to Andhra Pradesh and Rs 450 crore to Tamil Nadu in view of floods caused by cyclone Michaung.
Union Home Minister Amit Shah shared this in a post on X.
The prime minister has approved the first urban flood mitigation project of Rs 561.29 crore for Integrated Urban Flood Management Activities for Chennai Basin Project under the National Disaster Mitigation Fund (NDMF), which also includes central assistance of Rs 500 crore, Shah said.
The severe cyclonic storm Michaung left behind a trail of destruction in Andhra Pradesh, damaging 770-kilometre roads, uprooting trees and killing livestock.
According to data shared by the Chief Minister's Office (CMO), nearly 40 lakh people from 194 villages and two towns were affected by Michaung's impact, including the inundation of 25 villages.
In Tamil Nadu's capital city Chenn

Cyclone Biparjoy

Among the private insurance companies, SBI Life Insurance, the largest private insurer, reported a 9.84 per cent decline in premiums to Rs 2,381.73 crore

Irdai in talks with insurance firms hit by govt's mega PSB merger drive

Climate funds

Several areas in Chennai continued to reel under severe waterlogging conditions on Thursday due to heavy rainfall in the region following Cyclone Michaung's landfall two days ago

Rajnath Singh

Earlier on Wednesday, IMD Director General Mrityunjay Mohapatra said that the cyclonic storm Michaung has weakened and won't have any disastrous impact

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Cyclone Michaung: MHA to release Centre's aid to SDRF to AP, TN in advance

Life insurance companies clock a 25.28% drop in premiums, shows data

Fund review: Axis long term equity

Rajnath Singh conducts aerial survey of flood-affected areas of Tamil Nadu

Cyclone Michaung weakened into low-pressure area in Jharkhand: IMD official

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