Country Financial News

Maruti Suzuki India, the largest passenger car manufacturer in the country, reported a standalone net profit of ₹2,485.1 crore in the quarter ended June 2023. The company’s net profit jumped by a robust 145% as compared to ₹1,012.8 crore in the same quarter last year.

New Delhi: Rays Power Infra, a solar power company, on Monday said it has signed an engineering, procurement, and construction (EPC) term sheet for a 283-MW solar project with Serentica Renewables, an end-to-end energy solutions company focusing on industrial decarbonisation. Based on the agreement between the two companies, Rays Power Infra shall be responsible for the engineering, procurement, and construction of a 283MWdc solar PV project using single-axis trackers and bifacial modules, it added. “We are pleased to inform you that Rays has signed a 283 MWp Solar EPC project with Serentica Renewables.

reality. "We are dealing with an unprecedented magnitude of violence against women in communal and sectarian strife. We cannot justify what happened in Manipur by saying that this and this happened elsewhere.

The Union government has dispatched a team to Azerbaijan to apprehend dreaded gangster Sachin Bishnoi who is accused of the murder of Punjabi singer Sidhu Moosewala. Sachin Bishnoi who is the nephew of Lawrence Bishnoi has been on the run since the murder of Moosewala and had left the country using forged documents. Meanwhile last week, the National Investigation Agency (NIA) has arrested Vikramjeet Singh alias Vikram Brar, a key aide of jailed gangster Lawrence Bishnoi, following his deportation from the UAE to India.

Shehbaz Sharif has said that Pakistan Muslim League-Nawaz (PML-N) supremo Nawaz Sharif will be the next premier of the country if the party returns to power in the next general election. Speaking on the Geo News programme on Sunday, Shehbaz said the three-time former prime minister who has been living in self-imposed exile in London since 2019 will return to the country in the next few weeks.

Backed by technology, great minds and academicians, REVA has been striding ahead to provide future-ready teaching and learning. This we are sure will enable learners to grow to be lifelong learners, innovators and leaders in the global world.

NITI Aayog has proposed incentives in the form of royalty and tax benefits along with a production linked incentive scheme for processing and refining of critical minerals used in lithium-ion batteries as well as their extraction through recycling to manufacture key battery components in India and boost domestic value addition. “Policy should focus on scaling up lithium-ion battery (LIB) recycling infrastructure with production linked incentives to complement mining and extraction efforts of critical minerals,” it said, “This will aid in promoting environmentally sustainable waste management practices, reuse and disposal,” the Aayog said in its report on ‘Mine to market: critical minerals supply chain for domestic value addition in lithium-ion battery manufacturing.' The Aayog has further proposed to promote R&D for earth abundant alternatives to critical minerals used in ACC batteries, supporting lab to market commercialisation of products, providing startup incubators and technology industrialisation centres, and facilitating demonstration projects.

Also read: Pro-Khalistani protests outside Indian High Commission target Indian diplomats in UK After the clashes in Bangladesh's capital on July 29, police filed 11 cases against Bangladesh Nationalist Party (BNP) leaders and activists at different police stations over the violence. At least 469 BNP members were named as accused, with 149 arrests made so far.

alliance may need support from either the YSR Congress Party (YSRCP) or the Biju Janata Dal (BJD) to pass the bill in the Upper House. YSRCP leaders have already expressed their intent to back the bill, reported Hindustan Times.

For the first time, World Coffee Conference (WCC) will take place in India in September. The fifth edition of the global conference will take place from September 25 to 28 in Bengaluru.

Essar Oil and Gas Exploration and Production Limited plans to consolidate its position as one of the largest unconventional hydrocarbon players at Ranigunj coal bed methane (CBM) block in West Bengal, a spokesperson of the company said on Monday. The company had already invested around Rs 5,000 crore in exploration and commercial development of the Ranigunj CBM block where nearly 350 wells have been commissioned. «The company is working towards opening up new frontiers, one of them being shale gas exploration.

Pakistan held funerals on Monday for victims of a massive suicide bombing that targeted a rally of a pro-Taliban cleric the previous day as the death toll climbed to at least 45 and the government vowed to hunt down those behind the attack. No one immediately claimed responsibility for Sunday's bombing, which also wounded nearly 200 people. Police said their initial investigation suggests the Islamic State group's regional affiliate could be behind the attack.

Indian market. The global variant of the phone is powered by an octa-core Snapdragon 680 chipset coupled with 8GB of RAM. Oppo has officially confirmed that the Oppo A78 4G will be launching in India soon.

New Delhi: Finance Minister Nirmala Sitharaman will move a resolution in parliament on Monday to approve notifications seeking to increase import duty on liquified petroleum gas (LPG), propane and butane by amending the First Schedule of Customs Tariff Act. Mint explains the significance of the move. The government wants to increase import duties on certain products to reduce import bills, protect domestic industries, and generate employment.

Vodafone Idea Foundation, in partnership with the Telecom Sector Skill Council (TSSC), has launched the IoT Centre of Excellence at Indira Gandhi Delhi Technical University for Women (IGDTUW) in Delhi, the telco said in a statement Monday. The centre will provide hands-on training in new age and emerging technologies such as 5G, artificial intelligence/machine learning (AI/ML), IoT (internet of things), security, and surveillance to build a skilled workforce for the future.

Nissan Magnite SUV is offered in multiple trims. These include XE, XL, XV, Turbo, Premium, Premium Turbo (O), and Geza Edition. The SUV comes with two engine choices.

What are interest rates? How do they influence our... moreWhat are interest rates? How do they influence our lives, and economy of the country? Detangle With MINT Explains In A Minute

World Coffee Conference (WCC) for the first time in Asia from September 25 to 28 in Bengaluru. WCC also announced tennis player Rohan Bopanna as its brand ambassador.

carbon emissions of their shipment. Through this new tool- FedEx Sustainability Insights (FSI), can measure carbon footprint of their shipments within the FedEx network. They can use the data to help make informed decisions on their future shipping strategy to reduce their impact on the planet.

UK government said Monday it would issue «hundreds» of new oil and gas licences in the North Sea to secure energy reserves while still aiming for net zero carbon emissions by 2050. «Investment in the North Sea will continue to unlock new projects, protect jobs, reduce emissions and boost UK energy independence,» Prime Minister Rishi Sunak's office said in a statement.

«I am willing to tell you with reasonable confidence that before October or November this year, fabs will be approved. This will be fab manufacturing, the actual wafer fab,» Chandrasekhar told TOI. Global companies recently visited Gujarat for ‘Semicon India 2023’ to expand semiconductor production in India. Companies will invest because of a strong demand curve for the precious commodity and as the country emerges as a trusted partner in the electronics ecosystem, said Chandrasekhar to TOI. «Electronics in India is now reaching a critical mass, and the target that we have set out for is $300 billion by 2026. We are on track to achieve this… This would result in a massive need for semiconductors, which we estimate to touch $110 billion by 2029,» said the minister.