Not All Need Subsidies: Finance Secy

‘If in our cities, all urban bus transport services are free, then taxpayers are paying for it, or if electricity were to be made free, that’s a huge cost to the rest of the people.’ IMAGE: Finance Secretary Ajay Seth.

Factors that will guide the markets this week

The implication of April 2 reciprocal tariffs on global trade, trends in overseas markets and trading activity of foreign investors would dictate equity investors’ sentiment in a holiday-shortened week ahead, according to analysts. Stock markets would remain closed on Monday

After cement, Adani and Birla to compete in wire & cable industry

After cement, billionaire Gautam Adani’s group and Kumar Mangalam Birla’s Aditya Birla Group are set for a face-off in the wires and cable business with both conglomerates announcing forays into the high double-digit growth sector. In less than a month,

2 For 1 Bonus Alert: BSE to issue two free shares for every one held by shareholders

The board of BSE Ltd. has recommended the issue of two free shares for every one share held by its shareholders as on the record date. BSE made the announcement on Sunday, March 30. This is the second instance since

BSE board approves 2:1 bonus issue, record date yet to be announced

BSE Bonus Issue: The Board of Directors of the stock exchange firm, Bombay Stock Exchange (BSE) on Sunday, March 30, approved the bonus issue of equity shares in the ratio of 2:1, according to an exchange filing on the NSE

Haldiram inks pact with Temasek as strategic investment partner

Haldiram has entered into an agreement with Temasek as part of which the Singapore-headquartered global investment firm will “acquire an equity stake from the existing shareholders” of India’s largest packed snack and sweets company and restaurant operator, according to a

Rupee’s Best Gain in 6 Years!

‘I don’t see 88 per dollar now.’ Kindly note the image has been posted only for representational purposes. Photograph: Kind courtesy Free stock photos from www.rupixen.com/Pixabay.com   The rupee logged its highest monthly gain this March in over six years

Upstream oil companies return to Andaman Sea, dig offshore wells

In a significant move, state-run oil producer Oil India Limited (OIL) has finished drilling its first well in the Andaman sea while Oil and Natural Gas Corporation (ONGC) has just started drilling operations in the area, said officials. Photograph: Lucy

India, US decide to hold sector-specific talks for proposed trade pact

India and the US have decided to hold sector-specific talks in the coming weeks to finalise the structure of the proposed bilateral trade agreement (BTA), the government said on Saturday. Photograph: Lucy Nicholson/Reuters The engagement between the two countries came

Waaree Energies inaugurates 5.4 GW solar cell gigafactory facility in Chikhli, Gujarat

Waaree Energies on Saturday, March 29, said it inaugurated its advanced 5.4 GW solar cell gigafactory facility in Chikhli, GUjarat. The facility is spread across 150 acre and has a built-up area of 101 acre. It is equipped with high-efficiency