USL Begins Strategic Review of RCB Investment
United Spirits Ltd (USL) has announced a strategic review of its investment in Royal Challengers Sports Pvt Ltd. This wholly-owned subsidiary owns the IPL team Royal Challengers Bengaluru. The move…
Civil Society Challenges Bank Nationalisation Claims
A Kolkata-based civil society group has strongly refuted Finance Minister Nirmala Sitharaman’s recent comments about bank nationalisation. The Bank Bachao Desh Bachao Manch contested her assertion that nationalisation failed to…
Israel Hails India as Global Superpower Amid Growing Ties
Israeli Foreign Minister Gideon Sa’ar expressed deep admiration for India during his first official visit. He described the nation as a global superpower in a television interview. This visit follows…
M3M India Invests Rs 7,200 Crore in Gurugram Township
M3M India has announced a massive investment of Rs 7,200 crore to develop a 150-acre integrated township in Gurugram. This ambitious project is part of the company’s strategic expansion plan.…
India Invites Romanian Firms to Join Manufacturing Ecosystem
India’s Minister of State for Commerce and Industry, Jitin Prasada, has extended a warm invitation to Romanian enterprises. He highlighted India’s status as one of the fastest-growing major economies globally.…
RBI Meets Banks Amid Liquidity Strain Concerns
The Reserve Bank of India has scheduled a meeting with select primary dealers and banks. This move comes amid growing concerns over tightening liquidity in the banking system. The meeting…
ED Attaches Rs 3,084 Crore in Anil Ambani Money Laundering Case
The Enforcement Directorate has taken decisive action against Reliance Group Chairman Anil Ambani. Assets worth over Rs 3,000 crore have been attached in a money laundering investigation. This marks a…
Assam’s Services Sector Employment Declines to 30.1%
Assam’s services sector employment share has dipped over the last decade, according to a recent Niti Aayog report. As of 2023-24, 30.1% of the state’s workforce, or 5.1 million workers,…
India Secures Six-Month Chabahar Port Sanctions Exemption
India has received a significant six-month exemption from American sanctions affecting the Chabahar port in Iran. This development was confirmed by the Ministry of External Affairs during their weekly media…
India Aims to Dominate Global Rice Export Market
India is setting its sights on a major expansion in the global rice trade. The Indian Rice Exporters Federation has announced an ambitious goal to increase its market share significantly.…