Auto sector seeks Government help for rare earth imports
The automobile industry has sought government support in expediting approvals from the Chinese government for importing rare earth magnets used in various applications, including passenger cars. As per the industry sources, various domestic suppliers have already sought approval from the Chinese government through their local vendors in China. However, no approvals have...
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Odisha now an industrial powerhouse: CM Mohan Charan Majhi
09 June 2025 | Press Trust of India -
5 apply for DCRA empanelment as TRAI preps for digital connectivity rating system for buildings, properties
09 June 2025 | Press Trust of India -
India topping Japan economy, per capita GDP still lower: WEF ex-MD
09 June 2025 | Press Trust of India -
India will protect farmers’ interest in US trade talks: Shivraj Singh Chouhan
09 June 2025 | Press Trust of India -
Reliance Infrastructure takes flight with Rs 5,000 cr bet on aircraft upgrade business
08 June 2025 | PTI -
GST returns to become time-barred from July tax period
07 June 2025 | PTI -
Musk could lose billions of dollars depending on how spat with Trump unfolds
07 June 2025 | AP
GAIL operates Dabhol LNG terminal in monsoon for the first time
India’s biggest gas utility GAIL has started operating its 5 million tonnes a year liquefied natural gas (LNG) import terminal at Dabhol in Maharashtra at full capacity as it received its first ever cargo at the facility during monsoon. The company had to shut the Ratnagiri terminal, popularly known as the...
Gold LTV raised for under Rs 2.5 lakh loans
The Reserve Bank is all set to raise the loan-to-value (LTV) ratio for lending against gold to 85 per cent for loans under Rs 2.5 lakh from the present 75 per cent, Governor Sanjay Malhotra announced on Friday. Speaking to reporters at the central bank headquarters, Malhotra said the relaxation will...
Sensex jumps 747 points as RBI cuts repo rate by 50 bps; realty, bank, auto surge
Benchmark equity indices surged on Friday, with the Sensex climbing 746.95 points and Nifty reclaiming the 25,000-level after the RBI cut interest rates by more-than-expected 50 basis points -- a third consecutive reduction -- and reduced the cash reserve ratio for banks to provide a major liquidity fillip to support...
Tata Power organises camp for RWAs in Delhi
In celebration of World Environment Day, and with a view to raising awareness about the pressing challenges posed by climate change, Tata Power Delhi Distribution Limited (Tata Power-DDL), supplying electricity to populace of around nine million in North Delhi, organised a special workshop cum Camp for Resident Welfare Associations at...
Passenger vehicle retail sales dip 3 per cent
Passenger vehicle retail sales witnessed 3 per cent on-year decline in May with customers delaying purchases in several states due to India-Pakistan conflict and further softening of demand for entry-level models, dealers’ body FADA said on Friday. The passenger vehicle registrations last month stood at 3,02,214 units, as compared to 3,11,908...
Airlines profit margin never crossed 5 per cent: IATA
Airlines are grappling with a skewed value chain globally and historically, the profit margin has never crossed 5 per cent, according to IATA Chief Economist Marie Owens Thomsen. Also, she expressed hope that any efforts to address making the airline value chain less skewed will surely be an example for...
SEBI attaches accounts of Mehul Choksi to recover dues
Markets regulator SEBI has ordered the attachment of bank accounts and shares and mutual fund holdings of absconding diamantaire Mehul Choksi to recover dues totalling `2.1 crore in a case of violation of insider trading rules in the shares of Gitanjali Gems. The latest move followed a demand notice issued...
