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-
National Pension System update! Entry limit age may be increased to 70 years
The Indian government had launched National Pension System (NPS) in 2009. The scheme offers an investment opportunity to all organised sector employees working in India. -
IFFCO & Drone Destination tie-up for drone spraying over 30 lakh acre farm land in 12 states
IFFCO collaborates with Drone Destination for large-scale drone spray over 30 lakh acres in 12 Indian states, utilizing various agri-chemicals to boost agricultural productivity. The partnership aims to revolutionize Indian agriculture and enhance GDP contribution. -
‘Indian carriers to have 50% market share in int’l passenger carriage by FY 2028:’ CRISIL
Indian carriers, led by Tata Group’s Air India, IndiGo, and Akasa, are poised to capture 50% of the international passenger market share by FY 2028. The surge in international leisure travel and rising disposable incomes are driving this growth. -
Why Australian farmers will now grow more desi chana for Indian consumers
India's decision to remove the 40% import duty on desi chana has led to a 7-10% increase in international prices of the commodity. This move is expected to impact global chana production and trade dynamics. -
Paytm shares drop 5% following resignation of COO Bhavesh Gupta
Paytm's parent company, One 97 Communications, faced share decline following the COO's resignation. Management changes include new CEOs for Paytm Payments Bank Limited and Paytm Money amidst regulatory challenges and competitive pressures. -
Indegene IPO: Subscription is now open till May 9; should you invest?
Indegene's IPO, valued at Rs 750 crore, raised Rs 549 crore with top investors like Capital Group. The offering includes OFS with participants like Manish Gupta. Funds will cover debt and capital needs. -
IT majors Cognizant, Capgemini hired 1.5 lakh less employees in 2023; here's why
The total number of employees hired by major IT companies Cognizant and Capgemini decreased globally by 151,607 in 2023 compared to 2022, according to their regulatory filings. -
‘Never before in Indian history…’: Economist Surjit Bhalla says unprecedented number of jobs created under Modi government
Surjit Bhalla, former executive director at IMF, has pointed out that the period between 2004 and 2013, under the UPA government, saw the least number of jobs created, leading to the coining of the term 'jobless growth'. -
Bajaj Auto To Launch World's First CNG-Powered Motorcycle: Details
Bajaj Auto is gearing up to launch the world's first CNG-powered motorcycle on June 18, 2024. -
Stock market today: BSE Sensex opens 300 points up; Nifty50 above 22,500
Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in green on Monday on the back of positive global cues. While BSE Sensex moved up 300 points, Nifty50 was above 22,500. -
REC Gets RBI Nod To Set Up Subsidiary In GIFT City Gujarat
The proposed subsidiary will engage in a range of financial activities as a finance company within GIFT, including lending, investment, and other financial services. -
Urban transport set for complete revamp? Metro and bus networks to be integrated
India is planning a comprehensive overhaul of its urban transportation system, integrating metro and bus networks with a focus on transitioning to clean fuel. The plan includes incentives to promote the use of small trucks for greening intracity goods transport and aligning bus and metro routes for enhanced viability. -
Millennial, Gen Z homes spur Q-commerce growth
In the past one year, half the new customers that we have added are all pure play quick commerce customers, who often do not make planned purchases and end up buying 4-15 times a month from our platform,” said Seshu Kumar Tirumala, chief buying and merchandising officer at BigBasket. Goldman Sachs said Blinkit's implied valuation - estimated at $13 billion - is now higher than that of parent Zomato's core food delivery business, indicating the rapid growth of the segment. -
Why Indian students in the US, including those from elite Ivy League universities, are failing to land internships this summer
Indian students studying in the United States are facing challenges in securing internships this summer due to a decrease in job opportunities. The global economic slowdown and preference for hiring local students are contributing factors. STEM students, in particular, are finding it difficult to land internships in technology and consulting fields. -
‘Just like nuclear weapons’: Warren Buffett has this big warning on the use of artificial intelligence
Warren Buffett has recently expressed his views on the possible impact of artificial intelligence. Asked about which business of Berkshire is AI likely to impact, he said, “In terms of our businesses, they'll figure things out. We've got smart people." -
Meet Man Who Built Rs 500 Crore Company With Just Rs 10,000 After 20 Failed Attempts
Through years Nahar tried his hand at almost 20 different ventures but unfortunately none of them worked and eventually led to disappointment. -
Lok Sabha Elections 2024: Banks Will Be Closed In These States On May 7—Check List
Several banks across India will remain closed due to Phase 3 of the Lok Sabha Elections 2024 on May 7. -
India extends duty-free import of yellow peas by four months
In early December, the central government allowed duty-free imports of yellow peas until March 2024, later to be extended till April and then June. It was part of New Delhi's intervention to cool the prices of the overall pulse basket. Reportedly, the duty on yellow peas was first implemented in November 2017 at 50 per cent. India largely imports yellow peas from Canada and Russia. -
India Extends Duty-Free Import Of Yellow Peas For Another Four Months
Despite several measures, including various incentives to farmers, India is still dependent on imports of pulses for its domestic requirements. -
Paytm's Chief Operating Officer Bhavesh Gupta Resigns, Citing Personal Reasons
Varun Sridhar, formerly CEO of Paytm Money has been appointed as CEO of Paytm Services. -
Pesticide residue in Indian herbs and spices? Food regulator denounces claims as 'false and malicious'
The Food Safety and Standards Authority of India has refuted claims of elevated pesticide residues in Indian herbs and spices as 'misleading and baseless'. In an official statement, the food safety watchdog emphasized India's rigorous adherence to Maximum Residue Limits (MRLs), which are customized for each food item based on thorough risk evaluations. -
Market Valuation Of 6 Of Top 10 Firms Declines By Rs 68,417 Cr; Airtel Biggest Laggard
However, the mcap of State Bank of India climbed Rs 26,907.71 crore to Rs 7,42,126.11 crore. -
Worsening weather is igniting a $25 billion market
Demand for weather derivatives, driven by climate volatility and fragility in various sectors, is on the rise. Marty Malinow's firm experiences increased interest, with CME Group reporting a significant uptick in trading volumes and outstanding contracts. -
Patym parent co president and COO quits
One97 Communications (OCL), which owns brand Paytm, on Saturday said the company's president and chief operating officer (COO) Bhavesh Gupta has resigned from his position. Gupta, whose resignation comes amid a series of recent top level exits at the Noida-based fintech, will however move to an advisory role in the CEO office. Gupta quit citing personal reasons and his last day with the organisation-which has come under regulatory scrutiny due to non-compliance at its banking unit-will be on May -
As stock market booms, malpractices of Harshad, Ketan era are back: Harsh Goenka
Billionaire businessman Harsh Goenka fears that a stock market scam is brewing that could be equated with the ones which were perpetrated by infamous market operators like Harshad Mehta and Ketan Parekh. Goenka alleged that this time the scam may have its origin in Kolkata. In a post on X, Goenka on Saturday alleged that businessmen, especially from Kolkata, are cooking up books to inflate profits which in turn is driving up stock prices. -
IDBI Bank Registers 44% Jump In Net Profit For Jan-March Quarter
IDBI Bank's provisions on bad debts written off came down sharply to Rs 1,049 crore from Rs 3,587 crore in the same quarter of the previous year. -
Meet Young Entrepreneur Who Went To Shark Tank India And Built Rs 10 Cr Company From Just Rs 2000
The Shell hair was launched in the year 2020 and it quickly garnered attention for its diverse range of products. -
Zydus’ biopharma arm acquires global proprietary rights for Progeria treatment
Sentynl, under Zydus Lifesciences, acquired global rights for Zokinvy, the first FDA-approved Progeria treatment. An acquisition milestone in expanding the rare disease medicines portfolio, focusing on supporting patients. -
Centre Lifts Ban On Onion Export, Fixes MSP To Woo Farmers, Traders Ahead Of Phase 3 Polling In Maharashtra
Onion traders and farmers, especially from Maharashtra had been demanding for the lifting of the export ban. -
Govt Lifts Ban On Onion Exports, Sets Minimum Export Price Amid Lok Sabha Elections
Onion traders and farmers, especially from Maharashtra had been demanding for the lifting of the export ban.
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