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roads and one power transmission asset in India. Larsen & Toubro held a 51% stake in L&TIDPL, while the Canada Pension Plan Investment Board (CPP Investments) owned the remaining 49%. With this transaction, Edelweiss will have a total of 26 assets including 5,000 lane-km of roads, 1,800 circuit km of power transmission assets, and 813 peak MW of renewables, generating a cumulative annual revenue of ₹3,000 crore.

Delhi Chief Secretary Naresh Kumar and his subordinate YVVJ Rajasekhar following the orders of a court in Uttarakhand's Almora town. On March 2, the court admitted a complaint by an NGO, Pleasant Valley Foundation, against the officials and asked the revenue police to register a case against them and investigate the charges. Pleasant Valley Foundation alleged that the officials sent four people to a school run by the NGO in Dadakada village on February 14. The four men vandalised the office chamber of the NGO's joint secretary and took away files, records, documents and pen drives which contained evidence of their involvement in scams. They allegedly threatened to frame the NGO's officials if complaints of corruption filed by it against them with the Vigilance department and other forums were not immediately withdrawn, the complainant said.

TORONTO — Royal Bank of Canada faced a steady stream of questions about the bank’s climate and Indigenous rights track record at its annual general meeting Thursday.

Mercedes-Benz has raced ahead of rival BMW to wrest the leadership position in India's fast-growing luxury EV segment for the first time last quarter. Mercedes-Benz sold more than 350 EVs in the three months ended March 31, compared to 211 EVs by BMW India in the same period. Mercedes-Benz has also firmed up plans to launch three new battery electric vehicles this calendar year to further consolidate its position in the EV space. This will form part of the dozen new models the company plans to introduce during the year.

The European Central Bank has opened the door for an interest rate cut as early as its June meeting

MUMBAI : Rich and retail investors have turned bearish on index futures, the first time in nearly three months, indicating stocks trading at record levels may be close to a peak for now as tensions rise in West Asia. On Wednesday, when the Nifty kissed a fresh high of 22775.70 points, retail and high networth individual investors (HNIs) initiated cumulative bearish bets on these index futures contracts, showed data from NSE, which groups both under the 'Client' category. The category turned cumulative net sellers of 16,088 Nifty and Bank Nifty futures contracts, marking a shift 84 days after remaining net buyers of these contracts.

Jasprit Bumrah delivered a stellar performance against Royal Challengers Bangalore at Wankhede Stadium, Mumbai, clinching impressive figures of 5/21 on Thursday. Bumrah's exceptional display saw him on the verge of a hat-trick, boosting him to the top of the purple-cap leaderboard, tied with Yuzvendra Chahal at 10 wickets each. His five-wicket haul created history in the IPL, marking him as the first bowler to achieve this milestone against RCB. Bumrah also set a new record of 29 wickets against RCB, surpassing Ravindra Jadeja and Sandeep Sharma's previous records of 26 wickets. He now joined a select group of bowlers, including James Faulkner, Jaydev Unadkat, and Bhuvneshwar Kumar, to have secured two five-wicket hauls in IPL history. Opted to bowl first, MI started the match on a good note as Gerald Coetzee started off his spell impressively on a pitch that favours the pacers. Despite the last-ball six, both Faf du Plessis and Virat Kohli have opted to see through the majority of Coetzee's first over.

Portfolio Wealth Advisors President and CIO Lee Munson discusses the markets, the March CPI and earnings season.

Sandeshkhali, a village in West Bengal, can get their complaints lodged, officials said on Thursday. The agency has created the e-mail ID in compliance with the orders of the Calcutta High Court passed on Wednesday.

The history of exploration in the Arctic by European and North American expeditions is littered with gruesome ways to die. The challenges of navigating the merciless landscape are many, which is why the first humans to travel over the surface of the frozen Arctic Ocean to reach the North Pole, the geographical top of the world, arrived as late as 1969—the same year astronauts made it to the surface of the moon. It is no longer possible to travel from land across Arctic Ocean pack ice to the North Pole as they did in 1969.

An internal Boeing review found that Chief Executive David Calhoun and other top executives took personal trips worth more than $500,000 on the company’s private jets and other planes that were improperly recorded as business travel. The review and correction, which Boeing disclosed in a securities filing, was prompted by a Wall Street Journal investigation last year into the executives’ use of the company’s fleet of private jets, people familiar with the matter said. Boeing’s review found that some flights by the executives in 2021 and 2022 “were not previously classified as perquisites by the company but should have been classified as such in accordance with SEC rules and guidance," the company said in its proxy filing April 5.

electric vehicle producer in the world and, simultaneously, an also-ran in the race for EVs. How did that happen? As recently as 2016, the US had more EVs on the road than China did. Now China has raced ahead. Despite Tesla Inc.’s pioneering role in bringing electrification into the mainstream, the US EV effort is beset by angst. While sales jumped by 44% last year, that is expected to slow markedly in 2024, with signs of retreat not just in Detroit but at Tesla itself. Tesla briefly lost its crown as the world’s biggest battery EV producer in the fourth-quarter of 2023 to BYD Co. Ltd., and will likely do so again. Chief executive Elon Musk is on record saying that, absent trade barriers, Chinese manufacturers “will pretty much demolish most other car companies in the world.” Tesla’s gigantic valuation these days has more to do with visions of robotaxis rather than EV leadership, per se.

ALSO READ: Virat Kohli opens up on Shubman Gill-Ishan Kishan bromance: 'Bahut funny hain, Sita aur Geeta…' Looking at some records, Kohli's century against Rajasthan Royals was the joint-slowest in the history of the IPL, as it came off 67 balls against the 2008 champions. During his innings, Kohli scored an unbeaten113 off 72 balls as RCB posted 183-3 in 20 overs. However, Buttler's quick-fire 100 off 58 balls led the Royals to complete the run chase in 19.1 overs.

Former White House chief economist Joe LaVorgna and JP Morgan's Kelsey Berro discuss whether strong consumer spending is a concern for the Fed on 'Making Money.'

bull run, total inflow into equity mutual fund schemes during the fiscal year 2023-24 touched ₹1.84 lakh crore. Significantly, total inflow into all the mutual fund schemes via systematic investment plans (SIPs) stood at ₹1.99 lakh crore, 28 per cent higher than ₹1.56 lakh crore recorded in the preceding financial year. Debt mutual funds saw an outflow of ₹23,098 crore, according to the data released by the Association of Mutual Funds in India (AMFI).

Inflation is falling but buying food can still be expensive. Grocery prices surged 21% in the last three years, surpassing the overall 18% pace of inflation during that same time period, according to the Bureau of Labor Statistics.

China have recorded a positive growth in 2023 out of the total 161 such goods shipped to the neighbouring country, according to commerce ministry data. These 90 commodities account for 67.7 per cent of India's export basket to China, while 71 products that have registered a negative export growth in 2023 constitute 32.3 per cent, the data showed. There are four commodities level where India has improved its export to China by more than USD 100 million in 2023. They are iron ore (216.8 per cent to USD 3.33 billion in 2023), cotton yarn (542.6 per cent to USD 611.17 million in 2023), spices (19.4 per cent to USD 132.26 million in 2023), and processed minerals (174.19 per cent to USD 129 million in 2023).

Also Read: As El Niño flips over, Skymet forecasts normal monsoon this year Moreover, metal stocks are enjoying a consistent upward trend, with industrial metal prices soaring to multi-year highs. Banking stocks have also performed strongly. This surge in major sectoral indices propelled the Nifty 50 to achieve a new record high of 22,775 points in the previous trading session.

Independent. As per the poll, the least favourite royal is Prince Andrew who received 86 per cent of negative votes from the people of UK. In January this year, Prince Andrew was accused of being involved in an "underage orgy" on Jeffrey Epstein's island.

yen is at three-decade lows and under enough pressure to prompt strong official warnings of intervention to prop it up. The yen has fallen despite Japan's first interest rate hike since 2007 and optimism about the economy. It traded at 153.24 per dollar on April 10, its weakest since 1990 and in real terms it is at its weakest since at least the 1970s.

State Bank of India (SBI) has refused to disclose under the RTI Act the details of the electoral bonds furnished to the Election Commission (EC), claiming that it is personal information held in a fiduciary capacity, even though the records are in the public domain on the poll panel's website. Holding that the electoral bonds scheme was «unconstitutional and manifestly arbitrary», the Supreme Court directed the SBI on February 15 to furnish the complete details of the bonds purchased since April 12, 2019 to the EC, which would publish the information on its website by March 13. On March 11, the court dismissed the SBI's petition seeking an extension of the deadline and ordered it to disclose the details of the electoral bonds to the EC by the close of business hours on March 12. RTI activist Commodore (retired) Lokesh Batra approached the SBI on March 13 seeking the complete data of the electoral bonds in the digital form, as provided to the EC after the Supreme Court's order.