Department Financial News

Eicher Motors Ltd, Monday said it has signed a Memorandum of Understanding (MoU) with the Tamil Nadu government to develop new products, Electric Vehicles (EVs) products and capacity building, news agency PTI reported. The company has earmarked an investment of ₹3,000 crore, the motorcycle manufacturer said, spread over eight years. The investments are expected to generate about 2,000 direct and indirect jobs in the region.

Tamil Nadu have been promised by various companies during the Global Investors' Meet 2024 organised by the DMK government in the state, Chief Minister M K Stalin said on Monday. Delivering his valedictory address at the GIM 2024 organised by the Industries department, Guidance Tamil Nadu and Confederation of Indian Industry, the chief minister said companies have committed to investing a total of Rs 6,64,180 crore in Tamil Nadu and added that it would create as many as 26,90,657 lakh direct and indirect jobs in the state. In his address in the presence of party cabinet colleagues and business leaders, including the chairman of diversified conglomerate Mahindra Group, Anand Mahindra and TAFE Ltd Chief Mallika Srinivasan, Stalin assured the industrialists that all the necessary clearances for the new investments would be issued through single window clearance. «I am happy and proud to inform this august gathering that due to our tireless efforts and your participation during this Global Investors' Meet we have attracted an unprecedented Rs 6,64,180 crore of investments, » Stalin said. «A total of 26,90,657 jobs is expected to be generated from these investments that includes direct employment for 14,54,712 persons and indirect employment for 12,35,945 persons,» he said. «We have set ourselves an ambitious target to make Tamil Nadu a USD 1 trillion economy by 2030 and to play a key role in India's economic growth.

SHANGHAI (Reuters) -Chinese regulators have closed a regulatory loophole that last year allowed heavily indebted local government financing vehicles (LGFVs) to further increase their borrowing, four sources familiar with the matter told Reuters.

coal sector have brought 18,849 hectares under green cover in the last 10 years by planting 42.3 million saplings, the government on Monday said. The move shows the commitment of the coal sector to environment-friendly sustainable mining practices, the coal ministry said in a statement.

D K Shivakumar, who is visiting Kerala, on Monday defended his government's decision to celebrate the consecration ceremony of the Ram Temple in Ayodhya on January 22, saying «ultimately we all are Hindus». He was talking to reporters after arriving in the state capital of Kerala to attend the Ramachandran Foundation award ceremony. «See, ultimately we all are Hindus,» Shivakumar said in response to reporters' query on the Congress-ruled Karnataka government celebrating the consecration ceremony in temples across the state.

thunderstorm with lightning/gusty winds & Hailstorm over East Rajasthan on 08th & 09th," IMD said in a tweet. As per IMD, the change in Rajasthan weather conditions is influenced by the western disturbances and the state can witness light spell rains across several eastern districts. The forecast comes as the temperature ranges between 3 to 7 degrees Celsius in Rajasthan with a deep layer of fog engulfing the state.

It is that time of the year when most of the taxpayers, who if already haven’t exhausted their tax-saving investment limit, start looking for various investment options to save as much tax as possible. For, this remains the last chance to save tax for the current financial year as salaried individuals are required to submit investment proof to their HR department. Else tax will start getting deducted from their salary.

NEW DELHI : The Supreme Court on Monday issued a notice to the government seeking a response to a plea filed by online gaming companies on tax demands adding up to ₹1.5 lakh crore. The court, however, did not issue a stay on the tax notices issued by the government. A three-judge bench of the Supreme Court led by Chief Justice D.Y.

Ram Mandir consecration ceremony to be live telecast at New York's Times Square According to the Congress office-bearers from Uttar Pradesh, they will take a dip in the Saryu river, and then visit the Ram temple and Hanumangarhi temple. Rai said, "A decision has been taken to visit Ayodhya on January 15. At 9.13 am, the Sun will become 'Uttarayan' (northward movement of the Sun), and at 9.15 am, we will depart for Ayodhya chanting 'Jai Siya Ram' after observing the tradition of breaking coconut." Ayodhya: Ram Lalla idol to be 51 inches tall, made of black stone | All we know Rai said it was not a political move but a religious one.

Marico Marico saw low single-digit growth in domestic volumes on a year-on-year basis during the third quarter ended March. The company has also reported slight sequential improvement in its core portfolio. BajajAuto Bajaj Auto said that its board will have a meeting on January 8 to consider and approve buyback of shares. Chambal Fertilisers A board meeting of Chambal Fertilisers is scheduled on January 8 to consider buyback of shares. Read more: Here's the trade setup for today's session Titan Consumer discretionary major Titan Co saw 22% revenue growth for the third quarter ended December.

Startup India programme on January 16 with a focus on deep technology startups, said officials. These startups will work in areas including semiconductor chips and related research and design areas, quantum and high-performance computing, artificial intelligence and cybersecurity, they said. “The first phase was all about consumer internet and consumption or service-based startups. In the next wave, in India and globally, startup innovation and value are going to come from deep tech. They will be fewer but much more valuable,” said one of the officials, who did not wish to be identified.

By Hannah Lang

Senior BJP leader Suvendu Adhikari on Sunday said TMC leader Sahajahan Sheikh, the key accused in the assault case on ED officials, is still present in Sandeshkhali area of West Bengal's North 24 Parganas district, despite his efforts to illegally cross over to Bangladesh. Sheikh has been on the run since Friday's mob assault on Enforcement Department (ED) sleuths during a raid at his residence in connection with the ration distribution scam.

Ram temple consecration, around 100 Congress office-bearers from Uttar Pradesh, including party's state unit chief Ajay Rai and state in-charge Avinash Pande, will visit Ayodhya on January 15 on Makar Sankranti. During their visit to the holy city, the Congress leaders will take a dip in Saryu river, and then visit the Ram temple and Hanumangarhi temple, Rai said on Sunday. «On January 15, I am going to Ayodhya.

In cases where your flights are affected by adverse weather conditions, being aware of your rights becomes crucial. Depending on the circumstances, you might qualify for compensation from the airline or even a complete refund.

NEW DELHI : Forecasting a fresh spell of moderate rainfall over central and adjoining northwest India, including Delhi, the India Meteorological Department (IMD) Sunday said a fresh western disturbance will impact Western Himalayan regions in the next 48 hours. Issuing an orange alert for Haryana, Punjab, Delhi, Madhya Pradesh, and parts of Rajasthan for Monday and Tuesday, the weather department’s bulletin said “A fresh rainfall spell likely over northwest and central India on January 8 and 9." The weather department also issued an alert for thunderstorms and hailstorms at isolated places in West Madhya Pradesh in the next 24 hours and East Rajasthan on Monday and Tuesday.

Schengen visa was denied, a woman from the Philippines eventually got it after she persuaded the authorities that she would depart Schengen territory before the visa expired because she had tickets to Taylor Swift's concert in Singapore in March. In a post on Reddit, the woman narrated the whole incident and wrote, “I just wanna share that I got denied in my first attempt. The comment was that they don't think I'll leave the Schengen territory before the visa expires." “So when I reapplied, I said that I'd leave because I would attend Taylor Swift's concert in Singapore and attached the mail confirmation," she said.

migratory birds, ranging from the bar-headed geese to egrets, have descended upon the Gharana Wetland Conservation Reserve near the International Border in Jammu. The wetland, located approximately 35 kilometres from Jammu, has become a 'haven for bird enthusiasts' as over 6,000-bar-headed geese and various other species from the northern hemisphere migrate to the region during winter annually. «Every year, over 6,000 migratory birds of many species, the majority of them bar-headed geese, arrive at the Gharana Wetland. This year so far over 3,000 to 4,000 such birds have arrived here from the northern hemisphere.

SAN ANTONIO—The good news: the U.S. is headed for growth this year, not recession. The bad news: there is as yet little prospect growth will be any better than before the pandemic.

Microsoft is getting rid of its WordPad application, which has been a staple of every Windows operating system released since 1995. Not only is the Satya Nadella-led company planning to remove the WordPad app from newer builds of Windows, but the app will no longer be reinstallable. Also Read | The Copilot AI Key: Windows PC keyboard is going through it's first significant change in 3 decades The news was first revealed via the Widows Insider blog for the latest Windows 11 Canary Channel build.

shortly after its issuance. The Department of Education clarified that the earlier order, which extended the winter break, was issued by mistake. A decision on the matter was supposed to be reached on January 8.