• Tuesday, February 25, 2025

India economy & business news in brief for Dec 19:…

HERE are news in brief related to Indian economy and business for Thursday, December 19, 2023: Vedanta Ltd announced on Tuesday its intention to generate Rs 34 billion (£321 million) through a debenture issuance, marking its third such move in the current fiscal year. This capital-raising initiative coincides with the…

Less than a week after voting for Gaza ceasefire, Modi…

WITHIN a week of India supporting a UN resolution for an immediate ceasefire in war-rocked Gaza, Indian prime minister Narendra Modi said on Tuesday (19) that he spoke with his Israeli counterpart Benjamin Netanyahu and emphasized New Delhi's commitment to quickly restoring peace in the region. The leader added that…

NaMo app launches survey to gauge people’s mood on Modi…

WITH India's parliamentary polls months away, prime minister Narendra Modi's 'NaMo' app on Tuesday (19) launched a survey to gauge the popular mood on a variety of issues, including people's views about the performance of his government and their local parliamentarian. The 'Jan Man Survey' (Common Man's Mind Survey) seeks…

Anti-Israel protesters target Indian-American lawmaker Shri Thanedar: ‘Will not let…

INDIAN AMERICAN Congressman Shri Thanedar has been targeted by a group of anti-Israel protesters over the weekend blowing car horns and screaming for his "silence" on the deaths of Palestinians in Gaza and his stand on the Israel-Hamas war. Thanedar, 68, has taken a staunchly supportive approach to Israel following…

Mitchell Starc pips captain Pat Cummins as Australia pace duo…

AUSTRALIA fast bowler Mitchell Starc on Tuesday (19) surpassed his bowling partner and national captain Pat Cummins to become the most expensive buy in the history of the Indian Premier League (IPL) T20 cricket tournament with an eye popping bid of Rs 24.75 crore (£2.34 million) in the auction done…

India parliament security breach protest: 49 more MPs suspended; total…

AS many as 49 parliamentarians in the Lok Sabha or Lower House of the Indian parliament were suspended from the House for disrupting proceedings on Tuesday (19), a day after 78 opposition members were shown the door. The action taken on Tuesday has brought the overall number of suspended opposition…

When India defence minister told ex army chief amid China…

INDIAN defence minister Rajnath Singh had told former chief of the country's army, Gen MM Naravane, to do whatever he deemed appropriate on the night of August 31, 2020, following a tense situation arising out of China's People's Liberation Army moving tanks and troops at Rechin La mountain pass on…

IPL 2024 auction: Australia’s World Cup winning captain Pat Cummins…

AUSTRALIA'S World Cup-winning skipper Pat Cummins became the most expensive player in Indian Premier League (IPL) history Tuesday (19) when Sunrisers Hyderabad paid 205 million rupees ($2.47 million or £1.9 million) for his services. The fast bowler, who skipped this year's IPL because of a packed calendar, surpassed the $2.23…

AI can create more jobs than it potentially displaces: CP…

THE departing CEO of Tech Mahindra, CP Gurnani, expressed the view that generative artificial intelligence (AI) technology has the capacity to generate more employment than it might displace, despite widespread discussions on social media about its potential negative impact on the job market. In an interview with Reuters, he said…

India industrialist Sajjan Jindal ‘vehemently’ denies rape allegation

SAJJAN Jindal, the chairman of JSW Group, a conglomerate with interests in steel and power in India, refuted an accusation of rape on Sunday. In a statement sent to Reuters via email, a spokesperson for Jindal stated, "Mr. Sajjan Jindal vehemently denies these unfounded and untrue allegations. He remains committed…