To boost productivity and foster inclusive growth, the Confederation of Indian Industry (CII) has recommended that the government prioritise employment generation as a central theme in the Union Budget for FY26. The CII has suggested the introduction of an integrated National Employment Policy (NEP), which would consolidate various employment-generating schemes currently being implemented by multiple
SBI Special FD Scheme: The State Bank of India (SBI) has launched a special fixed deposit (FD) plan called ‘SBI Patrons’ for super senior citizens—individuals who are 80 and above. Under the ‘SBI Patrons’ scheme, available to both existing and new FD investors, the bank will offer super senior citizens an interest rate of 10
Page Industries Limited, the licensee for Jockey and Speedo, on Monday announced the appointment of Karthik Yathindra as the Chief Executive Officer, effective 01 April 2025. He has been associated with the company for over nine years and has held several leadership positions, overseeing areas of sales, retail, product, marketing and supply chain. In a
The construction activity, primarily for road players, was impacted by the model code of conduct in Q1FY25 and an elongated monsoon period, along with milestone-based billing (against monthly billing till March 2024) in Q2FY25, stated a report by ICRA. The impact is reflected in the modest revenue growth of approximately 1.5 per cent in year-on-year
With Vodafone Idea (Vi) getting ready to launch its commercial 5G services in March, almost two-and-a-half years after Reliance Jio and Bharti Airtel, all eyes will be on its pricing strategy. CEO Akshaya Moondra had said recently that the telco will have to look at 5G pricing differently than peers Jio and Airtel since it
Dabur India’s shares fell 4.5% to an intra-day low of Rs 501.10. The company expects its consolidated revenue to grow in the low single digits in Q3 FY25 due to subdued healthcare and beverage demand. Dabur India in its quarterly business update said that it believes the profit to remain flat, on an annual basis.
The Congress party has released its first list of candidates for the highly anticipated Delhi Assembly Elections 2025. In a strategic move, the list includes prominent names such as Sandeep Dikshit, Devender Yadav, Ragini Nayak, and Abhishek Dutt, reflecting the party’s intent to reclaim its position in the capital’s political landscape. Sandeep Dikshit to Challenge
Public Provident Fund (PPF) is regarded as one of the most favored investment options, especially for individuals seeking long-term and secure investment avenues. The advantages of tax savings and tax-exempt returns make PPF an excellent option for achieving one’s long-term financial objectives. It is, however, important to understand several key aspects of the PPF scheme
The Madhya Pradesh High Court on Thursday lifted the stay on Religare Enterprises annual general meeting (AGM) as well as the Reserve Bank of India (RBI)’s approval for Burmans’ open offer to acquire an additional 26% stake in the company. Also ReadCourt stays Religare AGM, RBI’s nod for open offer A division bench, comprising chief
Even though the government has just appointed 24 members to the National Company Law Tribunal (NCLT) ahead of the Union Budget, the ministry of corporate affairs has sought significantly higher allocation of resources for strengthening of NCLT and NCLAT (National Company Law Appellate Tribunal) infrastructure as part of its budget proposals. Also ReadTata Elxsi Q3
Despite the rally in the stock market fizzling out after September, equity mutual funds (MFs) closed the year with net inflows of Rs 41,156 crore in December. This led to a year-on-year rise of 144%, taking the total equity inflows to a record Rs 3.9 lakh crore for 2024. Equity MFs saw the second-best monthly
The rupee on Thursday ended flay after hitting a lifetime low of 85.94 against a dollar during intra-day trade. The rupee continued with its downward trajectory as the dollar index maintained an upward momentum as minutes of US Fed’s December 17-18 meeting showed that it is expected to dial back the pace of interest rate
Dunzo co-founder Kabeer Biswas has informally agreed to join Flipkart to head its quick-commerce vertical Minutes, according to sources aware of the matter. However, Biswas, who holds a 3.39% stake in Dunzo, remains tied to the company he founded in 2014 by necessity, as corporate law requires a minimum of two directors, preventing his departure