ENTERTAINMENT
Khalid Ka Shivaji to be removed from Cannes Festival listings on 'objectionable' content: Shelar
Maharashtra Cultural Affairs Minister Ashish Shelar on Friday said the state government acted swiftly after receiving complaints that Mara.
INDIA
Mumbai: 1993 riots case accused on the run for 32 years held from Wadala
INDIA
Dhami flags off bus carrying first batch of Kailash-Mansarovar pilgrims
The chief minister asserted that making the journey smooth, safe and convenient for pilgrims is the state government's priority.
INDIA
Congress leaders detained ahead of PM Modi's visit to Odisha, OPCC slams move
Among those put under preventive detention are Syed Yashir Nawaz, general secretary of Odisha Pradesh Congress Committee (OPCC), and four other youth leaders.
COMPANIES
Radico Khaitan withdraws brand name 'Trikal' for new single malt whisky
In a regulatory filing, Radico Khaitan said withdrawal of brand name 'is not just a business decision, it is a gesture of respect, reflection, and our unwavering commitment to honour the sentiments of our people and our country'
BUSINESS
Navigating economic turbulence with 3Cs
Donald Trump may have pressed the pause button on tariffs for some countries, but uncertainty still looms large. When seen in this context, RBI’s monetary policy committee has been wise to undergird its approach in a way that boosts confidence, remains cautious about global headwinds and also provides a cushion for the domestic economy through lower policy rates
INDIA
Indian Youth Congress protests against govt silence over US tariff imposition
At a protest held in the capital, IYC National President Uday Bhanu Chib alleged that the new tariff would "destroy the Indian market" and severely harm sectors such as agriculture, small industries, chemical production and electronics manufacturing.
BUSINESS
Budget’s approach will impinge on the fiscal-monetary tango
There was a de facto monetary easing between April and January, with term premium sliding to a decade low. However, at present interest rate have hardened and credit offtake has slowed down. In this scenario, if budget proposals lead to lower net market borrowings, it will open up space for more monetary easing
INDIA
Delhi CM Atishi launches crowdfunding campaign to contest assembly polls
Atishi also responded to the BJP’s claim that the Comptroller and Auditor General (CAG) had projected a loss of Rs 2,026 crore due to the Delhi government’s now-scrapped excise policy.
BUSINESS
GDP growth and inflation will trend downwards in FY25
Agricultural growth and higher government consumption spending means private consumption will support growth this fiscal. However, weak urban demand and elevated food inflation will limit its overall impact, leading to a slowdown in the pace of economic momentum. RBI may cut interest rates only towards end of the financial year
BUSINESS
A pivot in monetary policy in October is likely
RBI’s shift to monetary easing could begin on October 9 through signalling on liquidity followed by an interest rate cut in December. Both domestic factors and easing by major central banks indicate RBI will follow suit through gradual moves, but geopolitics remains the unknown variable
INDIA
Have asked BJP leaders for 8 to 10 seats in Maharashtra polls: RPI chief Athawale
The RPI (A) chief said the seat-sharing talks are underway, and he spoke to the BJP's Maharashtra polls in-charge, Bhupendra Yadav, about his party's demands.
BUSINESS
Budget nudges growth in the immediate term, opens pathways for new reforms
Budget has set the ball rolling on new policy pitches that take cognisance of new areas that may require support to ensure resilient, sustainable and more equitable growth
BUSINESS
Union Budget 2024: Rural India needs policy support to become resilient
Budget 2024-25 needs to address rural distress in the short term and provide a solid statement on long-term economic policy that strengthens the sector
BUSINESS
Skipper gets board approval to raise Rs 199 crore via rights issue
In a regulatory filing, the company said the board has approved the rights issue of 1,02,67,021 equity shares having a face value of Rs 1 each to eligible shareholders on a partly-paid basis for an amount aggregating to Rs 1,991.80 million (Rs 199.18 crore).
BUSINESS
NLC India's Rs 4,400 crore lignite-to-methanol project likely to be completed by March 2027
NLC has traditionally been into lignite mining and setting up lignite-based power plants. "The project is expected to complete by March-2027," the company said in a regulatory filing.
INDIA
Maharashtra govt sets up STF to trace foreigners staying illegally after Jan 2011
The Special Task Force was set up for the Immigration Check Post (ICP) for foreign nationals who are staying illegally in the country after the expiry of their visa validity, it said.
BUSINESS
Non-essential govt offices, school, colleges to remain closed in Delhi till July 16: DDMA
Private establishments are advised to work from home, they said. The decision was made at the DDMA meeting held at the LG Secretariat here on Thursday.
INDIA
Public procurement from Government e-Market portal may cross Rs 50,000 cr during April-June
Public procurement,
BUSINESS
GDP Expansion: Investments will remain a key driver of growth
While industrial capex will get a push from government policies and new-age opportunities, infrastructure spending will continue to drive a large part of the growth in capex this fiscal
BUSINESS
MPC decision: The dialectic of inflation and growth
Mint Road has preferred to assess the lag effect of past rate hikes than pull back growth momentum
