Business
Indian Potash signs MoU with Odisha to revive Badamba Sugar Mill
Indian Potash Limited (IPL) has signed a Memorandum of Understanding (MoU) with the Government of Odisha for modernization and expansion of Badamba Sugar Mill with an estimated investment of Rs 360 crore, the state-owned company said in a statement.
SEBI to further ease accreditation process for AIF investors
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Thinking Machines Lab and NVIDIA announce partnership
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RBI caps bank dividend payouts at up to 75% of profit
The Reserve Bank of India (RBI) has introduced a new set of prudential norms for banks that cap dividend payouts at a maximum of 75 per cent of Profit After Tax (PAT) for most banks, linking profit distribution more closely with capital strength, profitability and regulatory compliance.
Taking proactive steps to maximize LPG production: RIL
Reliance Industries said on Tuesday that it is taking proactive steps in line with the Government guidelines to maximize LPG production from its refining and petrochemicals complexes at Jamnagar, the world's largest integrated refining hub.
India’s rise, global outlook set it apart from China: USIBC
India is not China as the two countries differ significantly in their global outlook, development model and approach to international partnerships, Amb (ret) Atul Keshap, President of the US-India Business Council (USIBC), told ANI today. Keshap, who is also Senior Vice President for South Asia at the US Chamber of Commerce, said India's rise in global affairs would benefit both the United States and the broader international community.
JNPA announces storage, reefer charges waiver amid W Asia crisis
The Jawaharlal Nehru Port Authority (JNPA) has issued a trade notice today regarding the waiver of storage/dwell time charges and reefer plug-in charges for West Asia-bound export containers stranded in the port area due to geopolitical disturbances in the Gulf region.
IndiGo CEO Pieter Elbers resigns, Rahul Bhatia takes charge
According to the press statement released by Indigo, "With immediate effect, Pieter Elbers will be stepping down as InterGlobe Aviation Limited's (IndiGo) CEO. The Board of Directors would like to thank Pieter for his contribution and service to the organization, and wishes him well in his future endeavours." The airline further said that its managing director, Rahul Bhatia, would manage the company in the interim until a replacement is hired.
Long-run LNG supplies will not be disrupted: Sources
The source said the recent surge in Asian LNG prices and supply disruptions have altered the economics of global gas trade, making shipments from more distant suppliers commercially viable despite higher transportation costs.
TSMC February revenue rises 22% YoY
Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest contract chipmaker, reported a strong rise in net revenue for February, underscoring sustained demand for advanced semiconductors amid a global build-out of artificial intelligence infrastructure.
Cabinet approves Rs 3,839 crore 4-lane highway project
The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, today has approved the development of a 4-lane corridor from Badnawar-Petlawad-Thandla-Timarwani section of NH-752D having a length of 80.45 kilometres with a total capital cost of Rs 3,839.42 crore. The approved corridor will provide connectivity of Ujjain to Timrawani interchange at Delhi Mumbai Expressway (DME). The primary purpose of the proposed four-lane project corridor is to improve travel efficiency and is expected to reduce travel time by approx. one hour.
Cabinet approves revised Rs 3,630.77 crore plan for Jewar Airport
According to the press release by the Cabinet Committee on Economic Affairs, "This 31.42 km long project corridor will provide direct and high-speed connectivity from South Delhi, Faridabad and Gurugram to Jewar International Airport, thereby promoting economic growth and logistics efficiency across the National Capital Region (NCR)." The corridor intersects the Eastern Peripheral Expressway, Yamuna Expressway, and Dedicated Freight Corridor (DFC), which enables multimodal transport convergence.
India–EFTA trade agreement completes two years
The agreement between India and the member States of the European Free Trade Association, Iceland, Liechtenstein, Norway and Switzerland, the partnership has moved from negotiation to implementation with effect from 1 October 2025. According to a statement released by the Ministry of Commerce & Industry, "The Agreement brings together India and a group of advanced European economies in a framework that supports trade, investment, services, technology collaboration and long-term industrial growth."
India’s Fertiliser Association confirms sufficient supply for Kha
The Fertiliser Association of India (FAI) today announced that Urea and Phosphatic fertiliser supplies remain adequate to meet agricultural requirements for the forthcoming Kharif season. While global developments, including geopolitical tensions in West Asia, have raised concerns about potential disruptions to fertiliser trade and logistics, current inventory levels and supply arrangements are expected to provide a sufficient cushion to meet agricultural demand.
State borrowing reach Rs 45,960 crore in the latest RBI SGS aucti
Among the participating states, Andhra Pradesh has raised Rs 3,000 crore through three securities with tenors of 13, 15 and 17 years. Arunachal Pradesh has raised Rs 190 crore with a 20-year tenor, while Assam has borrowed Rs 900 crore through a 15-year security. Delhi has raised Rs 1,000 crore via a 10-year security. Gujarat has raised Rs 2,000 crore through two securities with tenors of seven years and six months, and 11 years, with an additional borrowing option of Rs 500 crore for each.
Indian Oil Corp take steps to enhance LPG production; Prioritisi
Indian Oil Corporation has initiated measures to enhance Liquefied Petroleum Gas (LPG) production and prioritise its availability for domestic consumers following geopolitical disruptions to global fuel supplies. In a statement on Tuesday, the corporation confirmed that the Ministry has taken steps for higher LPG production while securing stocks for domestic customers and essential non-domestic sectors.
Piyush Goyal calls for global top five ranking for India’s intell
Union Minister of Commerce & Industry Piyush Goyal, on Monday, called for making India's IP approval system among the top five globally in speed, transparency and efficiency. While emphasising the need to strengthen the innovation ecosystem, the Minister highlighted the importance of encouraging wider participation from startups, MSMEs, women, and youth.
Top Story
RBI caps bank dividend payouts at up to 75% of profit
Taking proactive steps to maximize LPG production: RIL
India’s rise, global outlook set it apart from China: USIBC
JNPA announces storage, reefer charges waiver amid W Asia crisis
IndiGo CEO Pieter Elbers resigns, Rahul Bhatia takes charge
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