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India could offer an on-tap facility for manufacturing electric vehicles under the soon-to-be-announced guidelines for the incentive scheme announced last year, officials said. The detailed rules for the scheme are expected next month and the window to avail of the scheme may be open for an extended period, they said.

South China Morning Post report, Three Brothers Machine Manufacturing Company, a company in China, has introduced some strict policies that will restrict time spent in the bathroom! The policy, which was launched to improve workplace efficiency and discipline, effectively came into existence on February 11.

Ajay Bagga, Market Expert, says Prime Minister Modi's visit to the US next week is a good sign. It is anticipated that India will sign some defense agreements and announce equipment purchases. Additionally, there are already signs of tariff relief on US products. We can expect a handshake that may draw attention to the markets. Although the recent earnings season was not strong, the upcoming quarter appears more promising, and with the rate cut, rate-sensitive sectors should perform better. What is your take on the markets overall? How much of the positives in terms of the Union Budget as well as the RBI monetary policy coming as per expectation is now priced in and what will drive the markets ahead because January has been quite wobbly. In February, we seem to be stabilising a bit but what is the way forward? Ajay Bagga: The Union Budget, on balance, was a good one. In terms of the RBI policy, the positive was the rate cut. What disappointed the market and led to some amount of sell off in the banking stocks. The Budget on balance has been positive for the markets. Infrastructure spend has been maintained. Fiscal deficit goes down, creating some space for RBI to cut rates and consumption gets a boost.

Reserve Bank of India's plan to introduce forward contracts in government bonds would depend on how trader-friendly the final rules are, in terms of permitting physical delivery, and transparency in the funding spread between short- and long-term derivative products, said experts. The RBI after its Monetary Policy Committee meeting said on Friday that the central bank would include forward contracts in government securities so that long-term investors such as insurance funds can manage their interest rate risk. The RBI had released draft rules for bond forwards for the first time in December 2023.

Sanjay Malhotra's assertion that none of the new regulations on project finance provisions, liquidity coverage ratio (LCR) and expected credit loss (ECL) will be implemented in a hurry is a relief to banks battling tight liquidity, shrinking margins and rising bad loans from the unsecured portfolio.

Subscribe to enjoy similar stories. TEL AVIV—The Israeli military began a full withdrawal from a sprawling security zone within the central Gaza Strip as part of a cease-fire agreement with Hamas, Israeli and Palestinian officials said. The withdrawal, which began overnight between Saturday and Sunday, leaves Israel with a small footprint inside the enclave as the two sides look toward extending the deal that would end the war and release the remaining Israeli hostages.

Subscribe to enjoy similar stories. The Reserve Bank of India's monetary policy committee (MPC) on Friday cut the key policy interest rate by 25 basis points to 6.25% to support growth. At a post-policy press conference, new RBI governor Sanjay Malhotra spoke on a range of issues such as implementation of the proposed guidelines on liquidity coverage ratio (LCR), working with the government on various recommendations, geopolitical developments, and the cost of policy actions on regulated entities.

Subscribe to enjoy similar stories. MUMBAI : The Reserve Bank of India (RBI) has decided to defer certain regulations for banks, with governor Sanjay Malhotra saying that the regulator will give enough time and that it does not want to cause any disruption. The decision is expected to come as a relief to bankers, who said that it would push credit growth.

TS TET Result 2025 LIVE Updates: Telangana Teacher Eligibility Test result will be announced by the Department of School Education soon. Once the result is declared, candidates awaiting their result can check their scorecard on the official TS TET website.

project planning portal PM Gati Shakti, industry secretary Amardeep Singh Bhatia said Tuesday.

UPDATE AS OF FEB. 3, 2025 AT 4:59 P.M. EASTERN: Prime Minister Justin Trudeau says the U.S. tariffs on Canada will be “paused” for 30 days. Read more about the announcement here.

A recent change to accounting rules may have helped deliver a $600 million profit on bitcoin (BTCUSD) holdings for Tesla (TSLA), but the same rule could potentially leave MicroStrategy (MSTR) with a multi-billion dollar tax bill.

Central Government Health Scheme (CGHS)—Central govt employees and pensioners, making it easier for them to get faster approvals for critical medical devices like CPAP, BiPAP, and oxygen concentrators by processing it online.

market infrastructure institutions (MIIs). Under the guidelines, MIIs — comprising stock exchanges, clearing corporations, and depositories — are required to appoint an independent external agency to evaluate their performance and the functioning of their statutory committees. This needs to be done once every three years.

President Donald Trump has fired two of the three Democratic commissioners of the federal agency that enforces civil rights laws in the workplace, an unprecedented move aimed at implementing his crackdown on certain diversity and gender rights policies

Subscribe to enjoy similar stories. On 23 January, the National Company Law Appellate Tribunal (NCLAT) partially stayed an order of the Competition Commission of India (CCI) imposing a penalty of ₹213.14 crore on WhatsApp and its parent company Meta for coercing its users to accept the WhatsApp Privacy Policy of 2021. Compared to its earlier policy of 2016, the 2021 policy expanded the scope of the user data that was being collected and shared with other Meta group companies such as Facebook and Instagram.

US department of homeland security have started visiting gurdwaras in New York and New Jersey to check for the presence of illegal immigrants, drawing a sharp reaction from some Sikh organisations which see such actions as a threat to the sanctity of their faith.