News & Updates

In order to enable National Pension System (NPS) subscribers to make informed decisions on allocating their contribution in various asset classes, pension funds will have to disclose risk profiling of all the schemes on their websites within 15 days from the close of each quarter. The Pension Fund Regulatory and Development Authority (PFRDA) has issued

BITSAT 2022:

The Birla Institute of Technology, Pilani, has extended the last date to submit applications for the Birla Institute of Technology and Science Admission Test (BITSAT) 2022. Interested candidates who still have not applied can now submit their applications for the exam till June 10 through the official website. The window to edit

The board of One 97 Communications Limited (OCL), the parent of Paytm, has approved an investment of up to Rs 950 crore in Paytm General Insurance Limited (PGIL), a joint venture, for a stake of 74%. The investment will be made in tranches over a period of 10 years. In a regulatory filing, the company said OCL will hold a stake of 49% PGIL in the initial

A total of 92.66 per cent students passed the Higher Secondary School Certificate (HSSC) or Class 12 examination conducted by the Goa Board of Secondary and Higher Secondary Education (GBSHE) in April 2022, as per the results declared on Saturday. A total of 94.58 per cent girls and 90.66 per cent boys cleared the examination, said board chairman Bhagirath

The environment ministry’s exemption of some genome-edited crop types from bio- safety norms for genetically modified (GM) crops, and the biotechnology department notifying guidelines for safety assessment of such plants, are likely to spur faster development of climate-resilient crop varieties. Sandip Das explains gene- editing technologies and their

Markets regulator Sebi on Friday proposed introducing a framework for ‘schemes of arrangement’ for entities that have only listed their debt securities.Scheme of arrangement is a court-approved agreement between a company and its shareholders or creditors. Presently, for schemes of arrangement involving merger and amalgamation certain safeguards

PumPumPum has roped in Nikhil Sharma as the assistant vice president, growth and marketing. In his new role, Sharma will be responsible for scaling up and executing the company’s integrated marketing strategies and driving the company’s corporate reputation forward with a focus on its branding efforts. Sharma’s experience across industries is a

Since FY20, the gross fixed capital formation (GFCF) component of India’s GDP has been modest, showing a declining trend from 29.5% in FY19 to 26.6% in FY21, reports fe Bureau in Mumbai. In FY21, it declined by 8.3% in current prices but thereafter in H1FY22, the GFCF improved to 27.8%. The NSO estimates that for the full year, it could be as good as 28.3%.

Realty firm Trehan Iris will invest Rs 360 crore to develop a commercial project, comprising retail and office spaces as well as a 100-keys hotel, in Greater Noida. The company has launched the project ‘Iris Broadway- Greno West’, which is spread across 3.4 acres of land. The total project cost is Rs 360 crore including the land cost, Trehan Iris

The farmers of Telangana’s Adilabad district have scripted a success story that can serve as a ready template for the country to embrace. Four food producer organisations (FPOs) promoted by the Dhan Foundation have leveraged new-age digital technologies to overcome their constraints, increasing their collective incomes sizably. Farmers from Asifabad, Untoor,

Staff Selection Commission jobs: The Staff Selection Commission (SSC) has invited applications for Head Constable (Ministerial) posts in Delhi Police. While the application process already started on Tuesday (May 17, 2022), the last date to apply is June 16, 2022. Candidates may apply through the official website ssc.nic.in. While the last date for

The Calcutta High Court on Tuesday ordered the Central Board of Investigation (CBI) to investigate West Bengal Minister of State for Education Paresh Chandra Adhikari over the alleged illegal appointment of his daughter as a teacher at a government-run school in Cooch Behar. Justice Abhijit Gangopadhyay further directed Paresh Adhikari to appear before the

Bitcoin (BTC) price declined below $30,000 level amid the current crypto market crash. As of today, BTC price has moved above $30,000 level, priced $30,117 at the time of writing. Bitcoin price decline is a part of the overall crypto market fall story in the last few days, specially due to Terra (UST and LUNA) debacle.

However, experts have

Indian benchmark indices extended gains on Tuesday, led by strong gains in index heavyweights ITC and Reliance Industries. The BSE Sensex rose 900 points to near 54,000-mark, and the NSE Nifty 50 climbed above the 16,100-level. The broader markets were also up in sync with the benchmark indices with the BSE MidCap and SmallCap gaining 1.2% and 1.6%,

By Shweta Saini & Siraj Hussain The May 13, 2022, order of the ministry of commerce to completely ban wheat exports came as a surprise to most observers, even though indications were available that the Centre was already discouraging exports by restricting the rail movement to ports from wheat-surplus states; however, senior functionaries were still

Swedish Prime Minister Magdalena Andersson on Monday told her country’s parliament that she sees “a historic change in our country’s security policy line” as the country prepares to seek membership of NATO. “Sweden needs formal security guarantees that come with membership in NATO,” Andersson said during a parliamentary debate, adding that

Samsung is on a roll these days. Timely portfolio expansion with 5G capability down to M, F and A series and strong uptake of the Galaxy S22 and foldable flagship series has helped the South Korean consumer electronics major reclaim the leadership position (in March quarter) in India’s superhot smartphone market. As Neil Shah, vice-president of research,

The EV industry has seen immense growth in recent times, and when speaking about the electric mobility industry, we are looking not only at EV makers, but the entire ecosystem that includes battery and cell manufacturing, component production, and a host of other things. One such EV maker is WardWizard Innovations and Mobility, based in Gujarat. The company

Indonesian President Joko Widodo met Tesla Inc Chief Executive Elon Musk on Saturday in Texas to discuss potential investments and technology, Indonesia’s government said in a statement. The meeting between Musk and Widodo, better known as Jokowi, came after a round of working-level discussions on a potential investment in Indonesia’s nickel

Majoritarianism will be extremely dangerous for the future of India and it should be resisted at every step, noted economist and former RBI governor Raghuram Rajan said on Saturday. Addressing a webinar, Rajan emphasised on the need to make the government more responsive to criticism by removing some of the legislative constraints on criticism. “Our

The Goa government will develop eco-tourism in the forest areas and parks of the coastal state, state Minister Vishwajit Rane said. Taking to Twitter on Friday, Rane said that discussions were held with officials of the forest department for the development of eco-tourism and to improve infrastructure in wildlife sanctuaries in the state. “Following

Larsen and Toubro’s (l&T) prospective order book of Rs 8.53 trillion in the current fiscal, though lower by 6% compared to last fiscal, is seen as healthy by analysts. However, inflation may limit margin recovery, they said. The domestic share of these orders is at Rs 6.31 trillion, while orders of Rs 2.22 trillion are visible in the international

Earlier this week, a very unique event was hosted in New Delhi where young students made creative presentations of Spanish Language depicting the spirit of ‘Living the Language’.

These graduate students of Guru Nanak Dev DSEU (Delhi Skill and Entrepreneurship University) recreated scenes from an old Bollywood classic, a fusion song –

NAYAN DAVE & SAJAN C KUMAR With cotton prices breaching the Rs 100,000 per candy mark, the entire textile value chain is in the throes of a grim financial crisis, compounded by dismal export demand and production cuts at every level. Not only smaller units, even bigger players are feeling the heat of increasing cost of important raw materials. Even the

MSME Success Stories: Swati Tiwari started Arcturus Business Solutions in 2019 after working for 26 years in enterprises such as BSES, Reliance, Lanco Infratech, and others in the power sector understanding their pain points when it comes to industrial safety. “For instance, violation in wearing harness or helmets at a construction site by labourers can be

Motorola Edge 30 was launched in India on Thursday, May 12. The Edge 30 is technically a “lite” version of the fantastic Motorola Edge 30 Pro (review) with an interesting set of specs and very aggressive pricing. Despite being billed as the “world’s thinnest 5G phone” the Edge 30 packs some really good hardware including a 144Hz pOLED display and Qualcomm’s

The Pixel 6a, launched today at Google I/O 2022, is coming to India later this year! The exclamation mark is intentional because instances of Google launching Pixel hardware in India are few and far between. The Pixel 4a 4G was the last Pixel phone to launch in India. The 5G Pixel 4a and Pixel 5a 5G did not make the cut. The Pixel 6 and Pixel 6 Pro didn’t,

By Dr Aparaajita Pandey Central America has traditionally been overlooked by India when it comes to trade and/or strategy. However, as India begins to extend its approach beyond the conventional Latin American partners in the region; the economic and strategic potential seems to have caught the eye of the Indians looking at the region with a fresh

Non-banking financial companies (NBFCs) will be regulated by the Reserve Bank of India (RBI), and state money-lending laws will have no applicability on them, the Supreme Court (SC) said on Tuesday. The question before the SC was whether NBFCs regulated by the RBI, in terms of the provisions of Chapter IIIB of the Reserve Bank of India Act, 1934, could also

The Annamalai University in Tamil Nadu has moved the Madras High Court challenging an order of the University Grants Commission (UGC), which restrained it from carrying out admissions. The writ petition from the Chidambaram-based institution in the state sought to quash a public notice dated March 25 and 30 this year of the UGC, which stated Annamalai