Department Financial News

ET Make in India SME Regional Summit in Jaipur was successful in bringing together a range of industry representatives, SME associations and small businesses to brainstorm ideas and visions that can help industry and the country. The summits are a series of on-ground events held across India to bring together local MSMEs, policymakers, enablers and industry stakeholders. The ET Make in India SME Regional Summit series aims to unravel opportunities, tackle challenges and foster knowledge-sharing and networking to propel the next phase of growth for Indian MSMEs. In Jaipur, the summit began with an insightful keynote from Shilpi R Purohit, Joint Commissioner, Department of Industries & Commerce, Rajasthan. He talked in detail about the initiatives taken by the state government to boost MSMEs. “We are looking at how the government can work as a catalyst for the growth and development of MSMEs,” said Purohit.

U.S. regulators are proposing aggressive measures to restore competition to the online search market after a federal judge ruled that Google maintained an illegal monopoly

Subscribe to enjoy similar stories. During his victory speech on election night, Donald Trump touched on most of the standard topics for such occasions. He thanked his supporters and his staff.

SECI) has found itself at the centre of a huge controversy in the wake of the probe that the US has launched into some of Adani's dealings. As per allegations made by the US Justice Department, officials were paid more than $250 million in bribes to okay solar deals with state govts. Adani Group Chairman Gautam S Adani, his nephew Sagar Adani, and six others have been charged with paying these bribes. It may be mentioned here that SECI is the the nodal agency and a top trader of renewable energy in India. It holds the highest trading license. The company buys power from developers. It acquires this power through its tendering process. SECI then sells this power to electricity distribution companies. These sales happen through long-term agreements. SECI buys power from renewable energy project developers chosen through competitive bidding. They then sell this power to electricity distribution companies (DISCOMs) through long-term agreements known as Power Purchase Agreements (PPAs) and Power Sale Agreements (PSAs).

SJVN are likely to remain in focus on Friday as the company announced that it has signed a memorandum of understanding (MoU) with the Energy Department, Government of Rajasthan for the development of renewable energy in the state. “In compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is intimated that the Company has signed a Memorandum of Understanding (MoU) with Energy Department, Government of Rajasthan to spearhead the development of renewable energy in the state,” said the company in a filing to the exchanges.

Oil company Phillips 66 has been federally indicted in connection with alleged violations of the Clean Water Act in California

India vs Australia Live Score, 1st Test, Day 1: India and Australia will renew their rivalry in the Border Gavaskar Trophy when both teams face off in the first Test at the Optus Stadium in Perth on Friday (November 22). While Australia are coming into this Test match fresh, the visitors were humiliated 0-3 by New Zealand at home. A lot of talk has been around Virat Kohli coming into this Test series.

Pam Bondi, the former attorney general of Florida, to be US attorney general just hours after his other choice, Matt Gaetz, withdrew his name. Bondi is a longtime Trump ally and was one of his lawyers during his first impeachment trial when he was accused — but not convicted — of abusing his power as he tried to condition US military assistance to Ukraine on that country investigating then-former Vice President Joe Biden. She has been a chair at the America First Policy Institute, a think tank set up by former Trump administration staffers. Bondi is from Tampa and spent more than 18 years as a prosecutor. She was Florida's first female attorney general.

Subscribe to enjoy similar stories. The benchmark index, Nifty50, continued to slide due to rising geopolitical concerns and news regarding Adani Group stocks. Adani stocks were in the limelight following bribery allegations from the US Department of Justice and Securities and Exchange Commission against Gautam Adani and other group executives.

Subscribe to enjoy similar stories. Mumbai: The Adani Group denied bribery charges and vowed to explore legal options after a damaging indictment in the US, but the move failed to stop a run in its shares, posing the biggest test yet for the conglomerate which had rebuilt investor faith after the Hindenburg episode.

The U.S. House passed legislation that would give the Treasury Department unilateral authority to strip the tax-exempt status of nonprofits it claims support terrorism

U.S. health officials say a deadly outbreak of listeria food poisoning tied to a massive recall of popular Boar's Head deli meats is over

The Biden administration is on its way out of power, but that's not ending the arguments between the administration and airlines that think they are being over-regulated

Donald Trump has put Elon Musk and Vivek Ramaswamy in charge of finding ways to cut government spending and regulations

The federal FAFSA form used to apply for college financial aid opened to high school seniors across the nation on Thursday, a year after a disastrous rollout by the Biden administration delayed the application for months

Charles and Camilla were crowned on May 6, 2023, in Britain's biggest ceremonial event for seven decades with a lavish display of pomp and pageantry in front of 100 world leaders and a global TV audience of millions. In its annual report, the culture department (DCMS) which had responsibility for organising the coronation, said it had cost 50.3 million pounds ($63.6 million) to stage, with another 21.7 million pounds for policing costs.

A supplier of fuel for nuclear power plants has announced a $60 million expansion in Tennessee, promising more manufacturing of high-tech centrifuges there to enrich uranium

U.S. regulators want a federal judge to break up Google to prevent the company from continuing to squash competition through its dominant search engine after a court found it had maintained an abusive monopoly over the past decade

One of Asia’s richest men, controversial Indian tycoon Gautam Adani, is again in the spotlight

The number of Americans applying for unemployment benefits fell again last week, remaining near seven-month lows

rehabilitating older children and providing them with a new direction in life, was jointly organized by the Ministry of Women and Child Development, the Central Adoption Resource Authority (CARA), and the Uttar Pradesh Women and Child Development Department at the Mars Auditorium of Indira Gandhi Pratishthan in Lucknow on Thursday. The main goal of the conference was to create awareness among the public about adopting children who are either orphaned or lack family support, educating people on the legal process of foster care. According to a press release, Speakers highlighted the importance of sensitivity and acceptance in the society for rehabilitating such children and giving them a sense of belonging. Union minister of state for women and child development, Savitri Thakur, UP’s minister for women welfare, child development and nutrition, Baby Rani Maurya, and State Women's Commission Chairperson, Babita Chauhan, shared their thoughts on the theme «Rehabilitating Older Children through Care and Nurturing.»