RBI Monetary Policy Meeting October 2024 LIVE Updates: Catch all the latest news updates on RBI's monetary policy announcements here

Shaktikanta Das, Shaktikanta, RBI Governor

The $3 billion IPO will open for subscriptions for big institutional investors on Oct 14, and invite bids from retail and other categories during Oct 15-17

Hyundai

Stock Market Today: GIFT Nifty futures indicated a slightly positive bias for markets at open today.

Stock Market, BSE, Nifty, Capital

To increase the usage of available raw materials, the Ministry of Steel has directed integrated steel players to make use of iron ore fines in steel making after its beneficiation.
As per sources, the ministry has also suggested that players look at options like acquiring coking coal mines abroad.
This is aimed at increasing the availability of raw materials at competitive prices, they said.
"It has been conveyed to them that iron reserves are limited in the country and to preserve that, players must also use low grade ore through beneficiation process. They can also look for coking coal mines outside India," the sources said.
Iron ore and coking coal are the two key raw materials used for manufacturing steel through blast furnace route. While iron ore is available in abundance, for coking coal, India remains heavily dependent on imports.
Major players use only high grade ore (lumps), with 65 per cent and above iron content, to make steel through BF (blast furnace). Fines are low 

Steel industry, Iron and steel industry

Asserting that the last 10 years have seen "highly detrimental economic trends", the Congress on Sunday said the monsoon has receded but at least "three dark clouds" of languishing private sector investment, stagnating manufacturing and decline in real wages and productivity for labourers, still loom over the Indian economy.
Congress general secretary in-charge communications Jairam Ramesh said bombastic claims on the economy are being made by Prime Minister Narendra Modi and his drumbeaters but what these claims conceal are the choke points that will strangulate growth in the years to come if not taken seriously now, in a spirit of humility.
"The monsoon has receded. But new evidence has shown that at least three dark clouds still loom over the Indian economy," Ramesh said in a statement.
"First, after a brief surge in private sector investment during 2022-23 on the back of the COVID-19 recovery, investment has returned to an unsteady path," he said.
New project announcements by t

Jairam Ramesh, Jairam

The leaders of North Korea and China marked the 75th anniversary of their diplomatic relations on Sunday by exchanging messages that expressed hopes for stronger ties, as outsiders raised questions about their relationship.
The message exchange came as North Korea and Russia have been sharply expanding their cooperation while China apparently keeps its distance. Experts say that the level of exchanges and commemorative programs between North Korea and China in the coming months will provide a clue to the exact status of their ties.
In a message sent to Chinese President Xi Jinping, North Korean leader Kim Jong Un said his government will steadily strive to consolidate and develop the friendly and cooperative relations between the two countries, according to North Korea's official Korean Central News Agency.
Xi, in his message to Kim, said that China is ready to jointly promote the stable and further advance of the socialist cause in the two countries," KCNA said.
Since North Korea 

North Korea, China, North Korea-China ties, China, relations

The outcome of the state polls, especially in Haryana and Maharashtra, analysts believe, are also important from 'farm politics' viewpoint, and how the government deal with the farmer's demands

BJP Flag, BJP

The exchange between the two began when comedian Kunal Kamra posted a picture of Ola Electric scooters gathering dust outside a dealership, apparently awaiting service

Bhavish Aggarwal, Kunal Kamra

Once worked behind the scenes to shape the political fortunes of others, Prashant Kishor is now ready for his second coming with the launch of Jan Suraaj Party.

Prashant Kishor

The argument that Jat vs non-Jat was a dominant factor in elections doesn't hold ground when one looks at the caste arithmetics of the Haryana poll verdict

Modi, Narendra Modi, Nayab Singh

The Uchana Kalan seat in Haryana saw one of the fiercest electoral encounters with BJP's Devender Chatar Bhuj Attri defeating Congress candidate Brijendra Singh by just 32 votes.
According to poll results declared Tuesday, the margin of 32 votes was the lowest margin among the 90 assembly segments where polling took place on October 5.
The Jannayak Janta Party Dushyant Chautala who was the outgoing MLA from Uchana Kalan seat was at the fifth spot, as per the Election Commission.
On the other hand, Congress party's Mamman Khan won the Ferozepur Jhirka seat in Nuh district by a highest margin of 98,441 votes.
Khan, who was the sitting MLA from this seat, defeated BJP's Naseem Ahmed. Khan polled 1,30,497 votes while his nearest rival got 32,056 votes.
Indian National Lok Dal's Aditya Devilal won the Dabwali seat by 610 votes and defeated Congress party's Amit Sihag.
Congress party's Rajbir Fartia defeated BJP's senior leader Jai Parkash Dalal in Loharu seat by 792 votes.
From Adamp

vote, election, voting, Voter, Haryana Election

Hurricane Milton churned Wednesday toward a potentially catastrophic collision along the west coast of Florida, where some residents insisted they would stay after millions were ordered to evacuate and officials warned that stragglers would face grim odds of surviving.
The Tampa Bay area, home to more than 3.3 million people, faced the possibility of widespread destruction after avoiding direct hits from major hurricanes for more than a century.
The National Hurricane Centre predicted Milton, a monstrous Category 5 hurricane during much of its approach, would likely weaken but remain a major hurricane when it makes landfall late Wednesday.
Milton was centred late Tuesday about 650 kilometers southwest of Tampa with maximum sustained winds of 260 kmh, the National Hurricane Centre reported.
Forecasters predicted the storm will retain hurricane strength as it crosses central Florida on Thursday on a path east toward the Atlantic Ocean. The hurricane's precise track remained uncertain

Hurricane

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

Displaying categorized search results for news

Latest News

In this section

All

Haryana poll verdict: Region-wise results & how BJP overcame caste barriers

Haryana: Uchana Kalan sees lowest vote margin, gap of 98K votes in Jhirka

Time to evacuate running out as Hurricane Milton closes in on Florida

Most Popular

Read

Shared

Commented

RBI MPC LIVE news: RBI projects retail inflation at 4.5% for FY25, repo rate unchanged at 6.5%

Hyundai India to open $3 billion IPO at Rs 1,865-1,960 price band: Report

Stock Market LIVE Updates: Sensex up 600pts, Nifty at 25,200 as RBI holds rates, stance at neutral

Displaying categorized search results for news Advance Search