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Companies with plants and factories that are only served by one railroad may soon be able to get a bid from another railroad if their current service is bad enough under a new rule that was proposed Thursday to help boost competition

The MacArthur Foundation is leading a group of donors who have pledge $500 million to help the struggling local news industry

Prahlad Singh Patel said on Thursday. The Pradhan Mantri Kisan SAMPADA Yojana (PMKSY), Pradhan Mantri Micro Food Processing Enterprises (PMFME) scheme, and Production Linked Incentive (PLI) Scheme are three pivotal programmes actively championed by the food processing ministry, the minister said while speaking at speaking at 3-day ANUTEC — International FoodTec India & ANUFOOD India 2023. «These initiatives raise (help) our industry to meet global quality and safety standards, benefiting the entire food processing value chain. »The government has allocated Rs 4,600 crores to sustain PMKSY, and recently, the allocation of an additional Rs 920 crores to PMKSY reaffirms its commitment to sector growth and development.

Thursday, September 7th, 2023 – Web3 games platform Tamadoge today announces an exciting new burn program to boost the scarcity and value of its native token, $TAMA.

A two-day summit in Romania has started in the country's capital bringing together 12 European Union member states situated between the Baltic, Black and Adriatic Seas

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«We see a lot of value opportunities that Nazara can move into in the eSports and core gaming IP spaces, so we definitely look at deploying some of these funds in those areas,» says Nitish Mittersain, Nazara Technologies.We understand that there has been a preferential allotment and you have managed to raise further funds. But first let me get the clarification this is in addition to the investment that we heard just three days ago when almost hundred crores was raised, right. This is additional to that? So the total amount of the preferential shares that are placed is a hundred crores plus which we announced on Monday and to Nikhil Kamath and 410 crores to SBI Mutual Funds so the total amount placed in this PREF is 510 crores on an aggregated basis.Okay so you have raised around 510 crores through these investors of course the Kamath Associates as well as SBI Mutual Funds but what is the utilisation of funds, why are you looking at raising that money, what is the deployment plan? Yes, we have multiple use cases of the funds as you have already put out in our intimation and press release but strategic M&A is one area that we will shortly look at doing. We see a lot of attractive opportunities for the company and besides that funds for organic growth, for working capital etc. so it is going to be multiple use cases of these funds but strategic M&A has always been important for us.

India is among the first in the world to regulate ESG rating providers and the country’s minimum requirement for funds to invest — according to their stated strategy — is “a high bar,” said Hannah Lee, JPMorgan’s head of ESG equity research for the Asia-Pacific region. “Where India stands out in terms of being trailblazing is probably its level of ambition and some of the thresholds that it has,” she said in an interview. India rolled out several measures over the past two years to regulate its market for green and other assets, most recently allowing domestic fund managers to launch plans under six types of ESG strategies.

BTIG believes the Teams decoupling from Microsoft (NASDAQ:MSFT) in European Union markets in October could boost a significant Teams competitor.

renewable energy components, industry stakeholders have suggested that a production linked incentive scheme for components and sub-components makers in the wind energy would boost the sector. Speaking at a press briefing here, Amit Kansal, CEO and MD of Senvion India, said that if PLI scheme is implemented for components and sub components manufacturers, it will ensure scaling up of the manufacturing capacities installed. “The government of India’s scheme will also help in job creation and will give a boost to initiatives like 'Atmanirbhar Bharat' and 'Make In India'," Kansal added.

September has got underway with several wealth firms announcing the completion of mergers and acquisitions, involving firms with combined assets under administration or management of more than $16 billion.

The firm argued the ‘GB ISA’ would provide an attractive listing environment for UK start-ups and private companies to remain in the UK, as there would be a guaranteed pool of investment.

Liquid alternatives specialist and head of multi-strategy solutions Clark Fenton will oversee the fund, and will be supported by the wider multi-strategy team.

₹3,760, or up to 40% of capital cost for private players to set up battery energy storage systems, to increase renewable energy capacity, Union minister Anurag Thakur said at a briefing. Thakur said that today India meets around 15% of its its electricity requirement through renewable energy, and 25% if hydropower is included. "We have set the goal of being able to meeting 50% of our energy requirement from renewable or non-fossil energy sources by 2030.

trade pacts with certain G20 countries and diversifying exports to regions like Brazil and Mexico could help India boost outbound shipments and manufacturing in the years to come, Chairman, CII national committee on EXIM, Sanjay Budhia, said on Wednesday. He said that tapping into opportunities in G20 countries is crucial for India's economic growth and global influence. India should diversify its export markets within the G20 countries, Budhia, who is also Managing Director of Patton Group, said. He added that while traditional partners like the United States and the European Union remain important, exploring emerging markets within the G20, such as Brazil, South Africa, Indonesia, and Mexico, can open up new avenues for Indian goods and services. «Negotiating and implementing trade agreements and bilateral deals with G20 member countries may be helpful to tap potential between India and G20 countries.

NEW DELHI : Electronic permits for goods shipped within and across states shot up to an all-time high of 93.4 million in August, pointing to brisk economic activity which could boost Goods and Service Tax (GST) revenue collections in September. The high frequency indicator aligns with manufacturing PMI data for August which suggested strong demand and output growth in August. The sharply higher e-way bill data points to businesses pushing supplies to the market as the festive season kicks in.

Joining this month, Ferguson will be based in London and report to the firm’s chief commercial officer Apiramy Jeyarajah.

The State Bank of India (SBI) has become the seventh bank to implement UPI interoperability in its Digital Rupee (e ₹) also called Central Bank Digital Currency (CBDC). With this move, the bank aims to deliver unprecedented convenience and accessibility to its customers. “This cutting-edge feature, accessible through the 'eRupee by SBI' application will empower SBI CBDC users to effortlessly scan any merchant UPI QR code for swift and secure transactions," SBI said in a statement.

The Reserve Bank of India (RBI) central bank digital currency (CBDC), the digital rupee, will have enhanced usability, Yes Bank announced Aug. 30. This was thanks to Yes Bank’s integration of the Unified Payments Interface (UPI) with the RBI digital rupee app. Now Yes Bank account holders will be able to make transactions with the digital rupee by scanning UPI QR codes.

Investing.com — The Dow on Friday notched its best week since July, as a monthly jobs report showing cooling wage growth in July, underpinned optimism that slowing inflation will likely persist and encourage the Federal Reserve keep rates steady next month.

China intensified efforts to stimulate the economy and support its currency, as investor concerns over the growth outlook persist. The central bank will trim the amount of foreign currency deposits banks are required to hold as reserves for the first time this year, the People’s Bank of China said Friday. The move came hours after authorities announced fresh stimulus for the beleaguered property sector and unveiled plans to expand tax breaks for child and parental care and education. The steps are the latest efforts to shore up confidence in the world’s second-largest economy, which is sagging under the weight of the persistent housing crisis, waning global demand and rising unemployment. Authorities have so far resorted to a drip-feed of targeted measures, avoiding the big-bang stimulus approach they deployed during the 2008 global financial crisis amid concerns over elevated debt levels. “The policy package exceeds market expectations,” said Zhaopeng Xing, senior China strategist at Australia & New Zealand Banking Group Ltd. “Confidence will be boosted in the near term. We still need more evidence to confirm if it marks a turnaround.” Financial institutions will need to carry just 4% of their foreign exchange deposits in reserve starting Sept. 15, the PBOC said, compared to the current level of 6%.