An unidentified person fired at and injured Baba Siddiqui of the Ajit Pawar-led NCP in Mumbai's Bandra East on Saturday evening.
The former state minister has been admitted in Lilavati Hospital nearby, a police official said.  The firing took place outside his MLA son Zeeshan Siddiqui's office near Colgate ground in Nirmal Nagar, the official added.  "Two to three rounds were fired. Further probe is underway as teams have rushed to the area," the official said.  Siddiqui had recently joined the NCP from the Congress.

Baba Siddiqui

Air passengers might have a reason to smile this Diwali season as average airfares on many domestic routes have dropped 20-25 per cent compared to the year-ago period, according to an analysis.
Increased capacity and the recent fall in oil prices are considered to be among the factors for the fall in air ticket prices.
The analysis by travel portal ixigo showed that average airfare on the domestic routes have declined in the range of 20-25 per cent.
The prices are for one-way average fare on a 30 days APD (advanced purchase date) basis.
For 2023, the time period considered is November 10-16 while it is October 28-November 3 for this year. This is the time around Diwali.
The maximum decline of average airfare is 38 per cent for a Bengaluru-Kolkata flight to Rs 6,319 this year from Rs 10,195 last year, as per the analysis.
The ticket price on Chennai-Kolkata route has fallen 36 per cent to Rs 5,604 from Rs 8,725.
The average airfare for Mumbai-Delhi flight has dropped 34 per cent 

Flight, plane, Airplane

The government on Sunday imposed import curbs on parts of pocket lighters with immediate effect, a move which would help encourage domestic manufacturing and cut dependence on their inbound shipments from China.
"Import of parts of pocket lighters, gas fuelled, non-refillable or refillable lighters (cigarette lighters)... is restricted with immediate effect," the directorate general of foreign trade (DGFT) said in a notification.
Imports of cigarette lighters, priced less than Rs 20, are already prohibited. The import ban is also there on pocket lighters, gas-fuelled, non-refillable or refillable.
Last year, the government also issued mandatory quality standard norms for flame-producing lighters with a view to contain import of sub-standard goods and boost domestic manufacturing.
Items under the quality control orders (QCO), cannot be produced, sold/traded, imported and stocked unless they bear the BIS (Bureau of Indian Standards) mark.
During April-July this fiscal, import of lig

In one rare situation, there is a case for some protectionism against imports from China

Known for his exemplary business acumen and philanthropic nature, Tata as chairman led various companies within the Tata conglomerate for more than 20 years

Ratan, Ratan Tata Funeral, NCPA lawn, Ratan Tata

India's ship recycling industry is expected to grow to 3.8-4.2-million GT (gross tonnage) in 2025, as against an estimated 2.3-2.6-million GT in 2024, according to a report.
According to CareEdge, India accounts for 33 per cent of the global gross tonnage dismantled in 2023, second only to Bangladesh, which handled 46 per cent.
"India's ship recycling Industry is poised for major growth in CY25 and is expected to witness similar recycling level in CY24 with an estimate of 2.3 to 2.6 million GT, thereafter a jump to over 3.8 to 4.2 million GT in CY25," said Sajani Shah, Assistant Director at CareEdge.
The ship recycling industry in India is expected to grow at compound annual growth rate of around 10 per cent in CY26-CY28, she said, adding cooling-off of Baltic Dry Index, stabilisation of heavy melting scrap prices, and increase in obsolete ships in operations, suggest that more ships will enter the recycling market from CY25 onwards.
According to Shah, countries having better ...

ship recycle

The new rules were put in place to curb a recent spurt in options trading by retail investors that the regulator and the government view as a risk to household finances

National stock exchange, NSE

The finance ministry may undertake an amendment to the Insurance Act, which will allow mutual insurance associations

Ship, Shipping industry

E-commerce companies lean on the technology to serve customers and sellers in festival season shopping rush

GenAI

The Chinese government has a philosophy of control which extends into macroeconomics

The Chinese government has announced a stimulus, a “big bazooka”. The Shanghai composite index first surged 26 per cent and is now 19 per cent up over a month. Does this mean that the Chinese economy is healing, and that the machinery of government s

As we mourn the demise of Ratan Tata, let's also mourn the passing of the time when business leaders like him ruled our world, when values of frugality and simplicity in personal life were cherished

Ratan Tata

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 Biosimilars

Latest News

In this section

All

How GenAI helps e-commerce firms handle high festive season demand

A revival in China? Recent govt stimulus fails to address deeper issues

Ratan Tata: An environmentalist's homage to India's business icon

Most Popular

Read

Shared

Commented

NCP leader Baba Siddique shot dead in Mumbai's Bandra, two detained

Average airfares around Diwali drop 20-25% on many domestic routes

Govt imposes import curbs on parts of pocket lighters with immediate effect

Displaying categorized search results for Biosimilars Advance Search