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Subscribe to enjoy similar stories. New Delhi: State-run NLC India Ltd is looking to raise about ₹4,500 crore through the initial public offering (IPO) of its subsidiary NLC India Renewables Ltd (NLCIRL) in April-June 2025, according to its top executive. NLC will offload 51% shares of the renewable energy arm, Prasanna Kumar Motupalli, chairman and managing director (CMD) at the public sector lignite miner, told Mint.

Subscribe to enjoy similar stories. New Delhi: The Centre is set to resume selling subsidised Bharat chana dal this week as part of its efforts to control accelerating food inflation and provide relief to consumers, two people aware of the matter said. “The pulse will now be available at ₹70 per kg, an increase of ₹10 from the previous price, the first person said.

The Lalit will file fresh documents for its initial public offering (IPO) in the next fiscal year starting April 2025, a top company official told ET. The IPO size may be between ₹1,500 crore and ₹1,800 crore, though the final decision is still some time away and will depend on several factors, including the market situation, said another person aware of the New Delhi-based hotel chain's plans.

Subscribe to enjoy similar stories. New Delhi: Three years after a data-privacy controversy forced Meta Platforms to halt the facial recognition feature, the Mark Zuckerberg-led parent of Facebook, Instagram and WhatsApp is bringing back the contentious technology. But this time, it is being cautious by rolling it out slowly and for a very selective subset of purposes.

Dr. S. Jaishankar addressed the evolving dynamics of global relations, particularly focusing on India’s complex relationship with Canada, at an event in New Delhi. While speaking at NDTV World Summit 2024, the minister remarked on the shifting priorities in diplomatic discussions, noting a noticeable change in focus from the U.S. to Canada. Addressing specific concerns regarding Canada, Jaishankar pointed out issues related to diplomatic conduct. He noted that Canada had requested an inquiry into India's High Commissioner, prompting India to withdraw its diplomats. He contrasted this with the actions of Canadian diplomats in India, who he claimed freely gather information about India’s military and police, while imposing restrictions on Indian efforts to ensure the welfare and security of its diplomats in Canada.

Russia has never done anything to impact India's interests negatively, said External Affairs Minister S Jaishankar on Monday at the NDTV World Summit. Prime Minister Narendra Modi is set to attend the BRICS summit in Russia from October 22-23 at the invitation of Russian President Vladimir Putin. In July this year, PM Modi visited Russia, his first since Moscow launched its invasion of Ukraine, a war that has complicated the relationship between the longtime allies and pushed Russia closer to India's rival China.

Mongolian coking coal by way of Russia, a senior government official with direct knowledge of the matter said, as New Delhi seeks to avoid over-reliance on transit through China. Mills in India, the world's second-biggest producer of crude steel, grappled with volatile Australian supplies of coking coal last year, and the government sent delegations to Mongolia in an effort to diversify sources of the fuel. Despite a longer route, Indian steel companies will now consider importing Mongolian coking coal by way of Russia, said the official, who spoke on condition of anonymity, as the deliberations are not public.

Dalmia Bharat will be in focus on Monday after the firm’s profit slumped by 60% in the September quarter as weak prices of cement weighed on earnings, even as the cement maker sold more cement during the quarter as compared to the previous year. The New Delhi-based company clocked in a net profit of Rs 49 crore for the quarter, down over 60% on year, while income from operations was more than 2% lower at Rs 3,087 crore.

standard operating procedure (SOP) for negotiating its free trade agreements (FTA) and address new issues — labour, environment, digital services, gender and indigenous peoples and has temporarily paused some new trade pacts. Officials said a review of India’s trade pact with the UAE in two years after it came into force and a rise in sustainability measures being imposed by the US and the EU, have led the government to develop a new FTA strategy. These guidelines will be based on reciprocity and stronger rules of origin to prevent Chinese products entering India by misusing any of the trade pacts. “The SOPs are almost ready and we will go to Cabinet for its approval,” said an official. The SOPs assume significance as India is negotiating trade pacts with the UK, the EU, Peru, Oman, Chile and a comprehensive trade deal with Australia.

Harshad Mehta, a character who would have escaped Gen Z but for an OTT web series, continues to cast a spell, reminding RBI officials in the tower, of the sharp practices of Harshad, his cohorts and later generations of wily brokers in the financial markets. Down the years, the guile of these bond market intermediaries has bred in the bones of RBI officials a suspicion and distrust towards brokers who once ripped off institutions, helped banks mask their losses in G-Secs and corporate bonds, and had senior bankers and treasurers eat out of their hands. Though their influence has waned — with the regulator throwing new rules after every shock — RBI remains famously wary about brokers. So much so that brokers are barred from directly dealing on the electronic, screen-based system owned by RBI for G-Sec secondary trades. Called NDS-OM (negotiated dealing system-order matching), orders are matched anonymously, as it happens in the stock market. Direct participants in the market are confined to regulated entities like banks, bond houses, asset managers, insurers and retirement funds — institutions that RBI is comfortable with. Brokers, though regulated by Sebi, remain a dodgy breed in RBI's eyes.

US indictment linking a former Indian agent to a foiled bid to assassinate Khalistani separatist Gurpatwant Singh Pannun paints a «compelling and detailed portrait» of «a single plot» emanating from Delhi to kill multiple targets across North America, especially in Canada and the US, Canada's most recent envoy to India Cameron MacKay has alleged. In an interview to CBC News, MacKay, who left India in August, said both Canada and the US are probing the matter, adding it was «a fiasco on the part of the Indian government» to think that it could carry out crimes in Canada and the US and get away with it. New Delhi expelled Canadian Charge d'Affaires Stewart Wheeler and five other diplomats following Ottawa's fresh allegations of the Indian government's involvement in the killing of Sikh extremist Hardeep Singh Nijjar on Canadian soil last year. The Canadian diplomats left New Delhi on Friday evening. India also recalled its High Commissioner and five more diplomats and they are also on their way back to India. The Canadian government had said the Indian diplomats were expelled from the country.

Trudeau had wrecked bilateral political ties. Both countries on Monday ordered out six diplomats in tit-for-tat moves over Ottawa's allegations that New Delhi was targeting Indian dissidents on Canadian soil. Trudeau specifically tied the six to the murder of Sikh separatist Hardeep Singh Nijjar last year in British Columbia. Sanjay Kumar Verma, India's envoy to Canada, told CTV that Trudeau had been relying on intelligence rather than evidence.

Subscribe to enjoy similar stories. New Delhi: With an eye on China, India is intensifying efforts to expand the number of Geographical Indication (GI) products to scale up exports and secure premium pricing in global markets, two people aware of the development said. GI products play a critical role in export promotion by highlighting the unique qualities tied to specific regions, cultures, and production methods.

Subscribe to enjoy similar stories. New Delhi: In Kerala’s Njarakkadu village, sandwiched between foothills and the state highway leading to Munnar hill station, is a 15-acre rubber plantation belonging to the well-known Kuzhiyelil family. It is 4:00 am.

Subscribe to enjoy similar stories. New Delhi: Faced with a low recovery rate of penalties imposed for anti-competitive conduct, the Competition Commission of India (CCI) has started exploring ways of making recovery more effective. The regulator has set up a three-member internal committee to recommend measures to make the recovery process more robust, two persons informed about the development said.

Subscribe to enjoy similar stories. New Delhi: Facing a workforce shortage, Germany is planning to substantially increase the number of skilled labour visas it grants for Indians to 90,000 every year, from the current cap of 20,000, said ambassador Philipp Ackermann. With a worker shortage worsening Germany’s economy, these visas will be used to fill gaps in sectors such as information technology, nursing and caregiving, Ackermann said in an interview.

Subscribe to enjoy similar stories. NEW DELHI : Since the 1990s, Photoshop, an image-editing software, has become a colloquial verb for photo retouching. However, over the past two years, generative artificial intelligence (AI) has changed the way photo editing has worked so far, automating most of the steps into one-click commands.

Subscribe to enjoy similar stories. NEW DELHI : October 2023-24 brought a tax shocker. The rate of tax collected at source (TCS) on the purchase of foreign tour packages and foreign remittances under the Liberalised Remittance Scheme (LRS), other than for education and medical purposes, was raised from 5% to 20%.

healthcare workers who participated in a survey feel that their workplace is «unsafe», particularly in state and central government medical colleges. Led by experts from the Vardhman Mahavir Medical College (VMMC), Safdarjung Hospital and AIIMS, New Delhi, the study highlighted «significant gaps» in the security infrastructure within Indian healthcare settings. The «Workplace Safety and Security in Indian Healthcare Settings: A Cross-Sectional Survey» published in a recent issue of the journal 'Epidemiology International' underscored the urgent need for improving the prevailing safety and security measures in healthcare settings. The survey is a collaborative effort of Dr Kartik Chadhar and Dr Jugal Kishore from the VMMC and Safdarjung Hospital along with Dr Richa Mishra, Dr Semanti Das, Dr Indra Shekhar Prasad and Dr Prakalp Gupta from All India Institute of Medical Sciences (AIIMS), New Delhi.

user engagement, said industry executives. The likes of AppsForBharat, Vama.app, Astrotalk and DevDham witnessed significant growth this Navratri, which ended on October 12, and are gearing up for Diwali, which falls on November 1, they said. “Because of Navratri, we launched new products and services,” Manu Jain, founder of Blume Ventures-backed Vama.app, told ET. “As a result, we are seeing an uptick of 20-25% (month-on-month) in new users overall. Our revenue for the last week of September so far is showing a week-on-week growth of over 20%.”

Hockey India League (HIL), resurrected after seven years in cold storage, held its auctions in New Delhi last week with franchises – eight men and four women – snapping up players from across the globe. Harmanpreet Singh and Udita Duhan, current national team stars, emerged as the costliest buys at Rs 78 lakh and Rs 32 lakh in men’s and women’s leagues respectively. “It is not about the money. We are all in this for the development of the sport,” said Rahul Todi of Shrachi, owner of the Bengal Rarh Tigers franchise. While the auction was a success, there are still some lingering questions. Is the league sustainable? Can franchises make money in the long run? How will the league help the future of Indian hockey? There was already a minor setback for the organisers, Hockey India (HI); they had to reduce the number of women’s teams from six to four. However, the organisers said that the number will go back to six teams in 2026. “A lot of the current stars including Harmanpreet emerged into prominence from the Hockey India League. With back-to-back Olympic medals, there could be no better time to restart the league,” said PR Sreejesh, former India goalkeeper and Delhi SG Pipers team director, who was present for the two days of the auction before donning the hat of junior team head coach and leaving for Malaysia.