The 2023-24 sugar season started in October, while the ethanol supply year (ESY) started in November

sugarcane juice, ethanol

Business Standard

Tata Steel, Vedanta, NMDC among mining giants exploring the opportunity

mineral block, mining

Tata wants to construct the factory in Hosur in the southern Tamil Nadu state, according to people with knowledge of the matter.

iPhone

Bloomberg

Closing Bell on December 8, 2023: The BSE Sensex touched a high of 69,894, whil the Nifty hit a peak at 21,006. Infosys, HDFC Bank and ICICI Bank were the major movers on Friday.

Sensex, Nifty, stock market, BSE, NSE

RBI MPC: Reserve Bank's Monetary Policy Committee decides to keep the repo rate unchanged at 6.5% and also keeps the FY24 inflation forecast unchanged at 5.4%

RBI Governor Shaktikanta Das kept the repo rate unchaged on friday but raised GDP projections

Monitor seven or 10-year performance and switch if underperformance persists for two years

Pension Fund

The RBI's increased risk weightage will hit growth in personal loans, credit cards and NBFCs

Banks credit growth

On the other hand, China's growth is projected to slow to 4.6 per cent in 2026 from 5.4 per cent in 2023

growth

However, salaries directly paid by Indian companies to expat employees without reimbursement won't attract GST, as expats are then perceived as employees of the Indian company alone

GSTGST

Vested offers a curated selection of listed corporate and govt bonds, with corporate bonds rated A and above, and government bonds backed by the govt, offering 9-12%

rupee, loan, indian rupee

Press Trust of India

As rescue boats retreat from the flooded streets and crocodiles return to their habitat, a pressing question remains: What about our focus on urban planning?

Chennai flood

Shares of Adani Total Gas zoomed 20 per cent to Rs 1,053.80 in intraday trade today on the back of heavy volumes

Sensex, Nifty, stock brokers

It is Western "universalism", the old wolf of imperialism in lamb's clothing, that is questionable

nationalism

In a scathing criticism, India's Permanent Representative to the UN Ambassador Ruchira Kamboj has said the UN Security Council of yesterday is always late today and questioned whether 1945's security plumbing will work in the year 2023.
If the trillion dollar question is to ensure peace, do we have a peace infrastructure representative of the current times and contemporary realities? Kamboj asked.
Speaking at the Security Council open debate on Threats to International Peace and Security: Transnational Organised Crime, Growing Challenges, and New Threats' on Thursday, Kamboj questioned whether 2023 is the new 1945, referring to the year when the powerful UN body came into existence.
Will 1945's security plumbing work today? The UNSC of yesterday is always late today! she said.
India, the world's most populous country, has been at the forefront of the years-long efforts to reform the Security Council, saying it rightly deserves a place as a permanent member at the UN high table, whi

Amb Ruchira Kamboj

In calling for India's cooperation into its allegations of a potential Indian link to the killing of a Khalistani leader on its soil, Canada has not provided any "specific and relevant information" to New Delhi for it to act upon, the government informed Parliament on Friday.
Minister of State for External Affairs V Muraleedharan said in Lok Sabha that the government has conveyed to Canada its "concerns" over activities of anti-India elements in that country and requested Ottawa to take action against such elements besides denying space to them.
The government has rejected the allegations of its involvement in "any act of violence" in Canada, he said replying to a question.
In September, Canadian Prime Minister Justin Trudeau made an explosive allegation of a "potential" involvement of Indian agents in the killing of Khalistani extremist Hardeep Singh Nijjar on Canadian soil on June 18. India has strongly rejected the charges.
"The government has rejected the allegations of the ...

V Muraleedharan

The over 10,000 Jan Aushadhi Kendras across the country have led to savings of around Rs 7,416 crore for the citizens this financial year, Rajya Sabha was informed on Friday.
In a written reply in the Upper House, Minister of State for Chemicals and Fertilisers Bhagwanth Khuba said an unprecedented 150 times growth in annual sales has been witnessed by the scheme in the last 9 years.
"During the financial year 2022-23, Pharmaceuticals & Medical Devices Bureau of India (PMBI) has sold Jan Aushadhi medicines worth Rs 1,236 crore, with approx 40 per cent growth from the previous year and this has led to savings of approximately Rs 7,416 crore to the citizens," he noted.
The projected sales target for 2023-24 is Rs 1,400 crore and the scheme is growing at a very fast pace garnering public trust and confidence, Khuba said.
In all, during the past nine years, total savings have been estimated at more than Rs 23,000 crore for the citizens under this scheme, he stated.
On an average 10-12

The number of Jan Aushadi stores has doubled over the past year and the government is working to improve its stocking and distribution policies

In-bound tour operators' body IATO on Friday sought Prime Minister Narendra Modi's intervention in reviving in-bound tourism in the country, saying the number of foreign tourist visitors remains "way below" pre-pandemic levels.
In a letter to Modi, the Indian Association of Tour Operators (IATO) also requested for financial succour to its members by way of certain incentives.
Drawing his attention to a recent statement made in Parliament by Union Tourism Minister G Krishna Reddy that only 85.9 lakh foreign tourists visited the country in 2022 as compared to 3.14 crore in 2019, the association listed various reasons for the decline in foreign tourist visitors volumes and suggested steps that can be taken to revive the segment.
The association claims to be representing over 1,700 in-bound tour operators in the country.
"Foreign tourist visitors number falling during the Covid (pandemic) was understandable but now things are absolutely normal but our numbers are nowhere near the 2019 

Hotels, tourism, hospitality, Hill stations

Inflation remains a top priority, and a few months of good data should not lead to complacency: Das

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UN Security Council of yesterday is always late today: Ruchira Kamboj

'Rejected allegations of India's involvement in act of violence in Canada'

Jan Aushadhi scheme has saved citizens Rs 7,416 crore this fiscal: Govt

IATO seeks PM Modi's intervention to revive in-bound tourism in India

Over-tightening not an imminent change in our approach: RBI governor Das

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Stop producing ethanol from sugarcane juice: Govt to all sugar mills

From Tata Steel to NMDC, big firms weigh bids for critical mineral blocks

Tata Group plans new iPhone factory to hasten Apple's India expansion

Sensex ends 304 pts up, Nifty tests 21,000 as RBI leaves rates untouched

RBI MPC: Repo rate kept unchanged at 6.5%, FY24 GDP estimate hiked to 7%

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