India not reaping benefits of democratic dividend: Raghuram Rajan

India not reaping benefits of democratic dividend: Raghuram Rajan

Thursday, 18 April 2024 | PTI | Washington

India is not reaping the benefits of democratic dividends, former RBI governor Raghuram Rajan said Tuesday, emphasizing that there is need to focus on improving the human capital and enhancing their skill sets. “I think we are in the midst of it (democratic dividend), but the problem is we are not...

Ahead of FPO, Vodafone Idea garners Rs 5,400 cr from anchor investors

Ahead of FPO, Vodafone Idea garners Rs 5,400 cr from anchor investors

Wednesday, 17 April 2024 | PTI | New Delhi

Just ahead of its mega FPO opening to public investors, Vodafone Idea (VIL) has announced closure of its anchor book allocation, raising about Rs 5,400 crore from marquee global as well as domestic investors, according to a statutory filing by the telco. This could be the third-largest anchor book after One...

Jio Fin Services shares climb 5 pc after Blackrock JV for wealth management, broking business

Jio Fin Services shares climb 5 pc after Blackrock JV for wealth management, broking business

Tuesday, 16 April 2024 | PTI | New Delhi

Shares of Jio Financial Services Ltd on Tuesday climbed 5 per cent after the company announced a 50:50 joint venture with BlackRock for setting up a wealth management and broking business. The stock gained 4.89 per cent to Rs 371.75 on the BSE. On the NSE, shares of the company climbed 4.98...

Markets continue to slump on fears of escalating tensions in Middle East

Markets continue to slump on fears of escalating tensions in Middle East

Tuesday, 16 April 2024 | PTI | Mumbai

Equity benchmark indices continued to slump in early trade on Tuesday on fears of escalating tensions in the Middle East and weak global trends. Foreign fund outflows and uptick in Brent crude oil prices also dented investors' sentiment. Continuing its downtrend for the third day running, the 30-share BSE Sensex tanked 585.63...

Mahindra to invest Rs 1,200 crore to set up 150 MW hybrid project

Mahindra to invest Rs 1,200 crore to set up 150 MW hybrid project

Tuesday, 16 April 2024 | PTI | new delhi

Mahindra Susten on Monday said it will foray into the hybrid renewable energy segment by setting up a Rs 1,200-crore 150-megawatt solar wind energy project in Maharashtra. The project includes installation of a 101 megawatt (MW) wind and 52 MW solar capacity, Mahindra Group said in a statement. The facility is...

International Youth Economic Forum to be held on June 8

Tuesday, 16 April 2024 | PNS | new delhi

The International Youth Economic Forum, organised by the Roscongress Foundation, will be held on the last day of Saint Petersburg International Economic Forum 2024 (SPIEF) on June 8. It will bring together young entrepreneurs, managers, talented students, postgraduates and scientists, including those awarded scholarships, grants and prizes of the president...

Power Ministry asks imported coal based plants to run full capacity till October 15

Tuesday, 16 April 2024 | PTI | new delhi

The Ministry of Power has asked all thermal plants using imported coal to operate at full capacity for another three and a half months till October 15 to avoid electricity shortage amid rising demand in the country. The ministry has projected peak power demand of 260 GW during the summer season...

Ola Electric cuts prices of entry level e scooter

Tuesday, 16 April 2024 | PTI | new delhi

Ola Electric on Monday slashed prices of its entry-level scooter S1 X by Rs 5,000 to Rs 10,000 across variants, bringing it at par with conventional scooters. The new S1 X was launched in February this year with a price range of Rs 79,999 to Rs 1,09,999 across three variants. In a...

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