Every Royal Enfield launch is a highly anticipated event but come this EICMA in Milan, there will be something extremely special from the Chennai-based brand on display at the annual motorcycle exhibition. The company is gearing up to unveil its first electric motorcycle on 4 November 2024 in Milan, Italy. Enfield had teased its upcoming
The Department of Pension and Pensioners’ Welfare (DoPPW) has announced a major update on the payment of arrears to central government pensioners. The department in a memorandum said that the payment of arrears for the Dearness Relief (DR) will not occur before the pension disbursement scheduled for October 2024. The Centre earlier this month announced
The Department of Pension and Pensioners’ Welfare (DoPPW) has issued a memorandum clarifying the payment of the General Provident Fund (GPF) to retiring government employees. This follows inquiries about whether interest is payable on delayed GPF payments after retirement. “Recently few references regarding interest on delayed payment of GPF to the retired Government have been
Royal Enfield has bolstered its 650cc lineup with the introduction of the new Interceptor Bear 650. This marks the fifth addition to the segment, joining the Interceptor 650, Continental GT 650, Super Meteor 650, and Shotgun 650. Since Royal Enfield launched the Interceptor 650 and Continental GT 650 in 2017, the segment has evolved, and
The countries that are part of the BRICS grouping will collectively surpass the G-7 group of developed countries in global trade by 2026, according to a research report. From 2000 to 2023, the BRICS+ group’s share of global merchandise exports has risen from 10.7% to 23.3%, marking an impressive increase of 12.6 percentage points. In
The countdown to Samvat 2081 has begun. If Samvat 2080 was about new highs, breaching new levels, a flurry of domestic buying coupled with primary market euphoria, the mood is quite different for Samvat 2081. So in this situation here is a look at some of the top stock picks by Motilal Oswal and why
In a bid to ensure that the funds raised by mutual fund houses through new fund offers (NFOs) are invested faster, the Securities and Exchange Board of India (Sebi) on Wednesday proposed a timeline of 30 days from the time of allotment of units to investors. In addition, fund houses will have a window of
The electric two-wheeler (E2W) market has been rapidly growing, with a total of 89,940 units sold in September 2024. The upcoming festive season is expected to boost these sales even further. According to industry reports, Ather Energy has achieved remarkable success during this festive season, selling over 20,000 units by October 30, 2024. Additionally, the
Zomato will not launch private labels and Blinkit’s quick food delivery platform, Bistro, operates independently without using any data from its Gurugram-based parent, Blinkit CEO Albinder Dhindsa clarified on Friday. The statement comes a day after the National Restaurant Association of India (NRAI) announced plans to take legal action against platforms like Zomato for allegedly
Infosys has escalated its legal battle with Cognizant by filing a counter-lawsuit in a US court. The lawsuit accuses the Nasadq-listed Cognizant and its CEO, Ravi Kumar, of engaging in anti-competitive practices and misusing sensitive information to undermine Infosys Helix, its flagship healthcare platform. The allegations were reported by Moneycontrol and mark a significant development
In a move that will bring relief to foreign portfolio investors (FPIs), the Securities and Exchange Board of India (SEBI) has proposed a doubling of the additional disclosure threshold for FPIs with an exposure of Rs 25,000 crore. The suggestion – to raise the floor to Rs 50,000 crore of equity assets under management –
Maha Kumbh Mela 2025: Days before the start of the world’s largest religious congregation ‘Maha Kumbh 2025’, digital payment app PhonePe, in partnership with ICICI Lombard General Insurance, has launched a first-of-its-kind insurance coverage for devotees travelling to Prayagraj. The insurance plan is designed for travellers attending the upcoming Maha Kumbh Mela from January 13
Shares of Indian IT outsourcing giants Infosys Ltd., HCL Technologies Ltd. and Wipro Ltd. got a boost from Donald Trump’s US election win. They will get a chance to comment on how his presidency might affect their businesses when they post earnings. Overall, investors appear to view the incoming administration favorably for the sector, as
