BHAVYA Scheme gets Cabinet nod: Govt approves plug-and-play industrial parks plan with Rs 33,660 cr outlay
The Union Cabinet Committee on Wednesday approved the Bharat Audyogik Vikas Yojna (BHAVYA), with an allocation of Rs.33,660 crore for developing 100 plug-and-play industrial parks…
India launches anti-dumping probe into ethyl chloroformate imports from China
New Delhi: India on Tuesday opened an anti-dumping investigation into ethyl chloroformate imports from China after a domestic producer alleged the chemical used in pharmaceutical…
RBI’s defence of rupee vs dollar is weighing on India’s forex reserves| Business News
The Reserve Bank of India’s recent defence of the rupee vs dollar is weighing on the nation’s foreign exchange reserves, prompting calls from some analysts…
Rupee slumps to record low even as Goldman Sachs warns of 95/dollar levels| Business News
Goldman Sachs Group Inc. has warned that the Indian Rupee (INR) could tumble to 95 against the US Dollar (USD), even as the local currency…
India’s privatisation drive derails because of weak investor interest
New Delhi: India is considering shelving three planned privatisation sales amid weak investor appetite, two government sources said, a slump that has already derailed its…
NSE is said to set modest fee for its $2.5 billion IPO at just 0.65%| Business News
The National Stock Exchange of India has set advisory fees at about 0.65% of the issue size for its upcoming IPO, according to people familiar…
Iran war impact to show on India GDP, inflation in risk to ‘Goldilocks’ economy| Business News
Surging crude oil prices and acute LPG shortage are rippling through the Indian economy as the Iran war drags on, disrupting industries and prompting analysts…
Big bets, weak ground: Why AI in Indian agriculture needs stronger data, oversight
The most important technological development of the decade, without a doubt, is artificial intelligence (AI). Ever since its arrival, it has changed how we work…
AI is slop, an unripe fruit and an insomniac| Business News
Cognitive warmup. It was in January 2023 when Buzzfeed Inc. CEO Jonah Peretti announced in a memo to staff that the company was making a…
Reliance accelerates plans for Jio IPO, DRHP likely in the next 2-3 weeks| Business News
Reliance Industries Ltd. is accelerating plans to list Jio Platforms Ltd., appointing a massive syndicate of Wall Street and domestic banks for what is poised…