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Nitin Gadkari said on Wednesday. The practice of blending ethanol with petrol began in 2001 as a pilot project.

PHDCCI on Wednesday, as it projected the nation's GDP to grow 6.8 per cent in the current financial year ending March and 7.7 per cent in FY26. With the Indian economy growing resiliently over the past three years, it is expected to become the fourth largest economy in the world by 2026, surpassing Japan, said Hemant Jain, President, PHD Chamber of Commerce and Industry.

AAP leader and Uttam Nagar MLA Naresh Balyan in a case lodged under the stringent MCOCA. The judge passed the order after hearing arguments from the accused as well as the prosecution.

Lithium-ion batteries manufacturer the International Battery Company (IBC) is set to commence production at its 'Giga Factory Unit' in Bengaluru within nine months, Karnataka's Minister for Large and Medium Industries, M B Patil said on Wednesday. The project, with an investment of Rs 390 crore, is expected to generate 300 direct employment opportunities, he said.

Bruhat Bengaluru Mahanagara Palike, has introduced an online e-khata system to streamline property registration and tax compliance, targeting nearly five lakh properties currently outside the tax bracket.

Karnataka High Court, on Wenesday allowed the Lokayukta to continue its investigation into the alleged Mysuru Urban Development Authority (MUDA) site allocation irregularities involving Chief Minister Siddaramaiah. The court directed that the probe be overseen by the Inspector General of Police, Lokayukta, and instructed the anti-corruption agency to file detailed records of its investigation so far.

K T Rama Rao against the order that refused to quash an FIR against him in the Formula E race case. After a bench of Justices Bela M Trivedi and Prasanna B Varale said it was not inclined to interfere with the high court order, Rao's counsel withdrew the appeal and the matter was dismissed as withdrawn.

trade deficit narrows to $21.94 bn in December from November's revised $32.84 billion. December's goods exports were down 0.99% on year at $38.01 billion.

Supreme Court on Wednesday sought responses from the Centre and the poll panel on Congress general secretary Jairam Ramesh's plea against the recent amendments, including no public access to CCTV, to the 1961 election rules. A bench comprising Chief Justice Sanjiv Khanna and Justice Sanjay Kumar took note of the submissions of senior advocates Kapil Sibal and Abhishek Manu Singhvi, appearing for Ramesh, and issued notices on the plea.

NARCL) has emerged as the preferred bidder to take over the distressed Jaiprakash Associates Ltd (JAL) after process advisor IDBI Capital Markets & Securities (ICMS) did not receive any competing bid to the Rs 12,000 crore offer by the government backed bad loan aggregator.

«The large private sector banks is one such pack, while there are of course near term headwinds, credit growth has slowed down, there are pockets of asset quality stress, and margins have been under pressure, we believe that the valuations for that largecap banking space specifically the private sector banks is possibly more than capturing in these kind of headwinds,» says Shibani Sircar Kurian, Kotak Mahindra AMC. The correction that we have been seeing recently, the kind of fall that we have seen across indices, be it the largecap, the midcap, smallcap, do you believe that the valuations have corrected enough to make these stocks attractive now? Do you believe the kind of correction we have seen in valuations is significant enough for us to now confidently say that only good days are ahead? Shibani Sircar Kurian: So, when you look at the correction that we have seen recently over the last couple of months, you must put it in context of what has happened in the last four years, especially since post COVID period. Our markets have had a significant uptrend and it has been a one-way move in the market and therefore, in that context, we must look at the last two months of correction and volatility as something that is possible, given that equity markets have seen such a one-way up move.

Global management consulting firm Kearney has appointed Siddharth Jain as the new managing partner and country head for its India business. Taking over from Kaushika Madhavan from Jan 1, 2025, Siddharth will oversee business strategy and operations of Kearney India.

Meta CEO Mark Zuckerberg is cohosting a reception with billionaire Republican donors next week for Donald Trump's inauguration, the latest sign of the Facebook founder's embrace of the president-elect. The reception cohosted by Zuckerberg is set for Monday evening, shortly before the inaugural balls, according to two people familiar with the private plans who spoke to AP on condition of anonymity to discuss them.

Nirmala Sitharaman is set to present the Union Budget for the fiscal year 2025-2026 in February 2025, marking her eighth budget under the Modi government.

Bharat Mobility Global Expo beginning on Sunday. The Bharat Battery Show will also showcase over 20 innovative product launches, factory announcements and international partnerships, a statement said. It will feature cutting-edge technologies in battery storage, battery recycling, and charging infrastructure. The three-day event is being organised by IESA (India Energy Storage Alliance) as a part of Bharat Mobility Global Expo 2025 at Bharat Mandapam here.

ICICI Securities has an add call on Sagility India with a target price of Rs 55. The current market price of Sagility India Ltd. is Rs 48.95. Four-pronged go-to-market strategySagility India Management's four-pronged strategy includes: 1) Continued mining of top clients? e.g. several top clients continue to grow in double digit, thus, increasing wallet share, 2) investing heavily to increase penetration into mid and smaller segment payers as Blue Ocean, 3) investing in technology such as AI, full scale platform based solutions, solution-bundling, and 4) M&A to enable inorganic growth, especially focussing on capability-based or mid-market segment acquisitions.

Facebook, Instagram, and WhatsApp, plans to lay off around 3,600 employees who are identified as low performers, according to an internal memo reported by Bloomberg. CEO Mark Zuckerberg described the decision as a step to «raise the bar on performance management and move out low-performers faster» as the company forges ahead in building out AI-powered services and immersive devices.

state-run banks via stake sales or the lenders themselves selling shares to large investors that will help them meet minimum public holding norms, according a government official.

Vedanta Ltd. creditors will gather next month to give their final verdict on a plan to split the sprawling Indian mining conglomerate into at least five different businesses, a key step in a months-long effort to simplify the group’s structure and help manage its debt burden.