Progressive Financial News

Cipla, called all reports of stake sales by the promoters as “speculative". “I would like to inform you as the chairman of Cipla, that all the news that you are hearing is speculative and all the clarifications for this have been made to the stock exchange... And whatever information given to the stock exchange is in the public domain and is public knowledge," said the chairman during the 87th Annual General Meeting on Thursday.

By Andrea Shalal

By Gabriel Araujo

RBI) MPC was an exception to the rule. It was a relatively open-and-shut case, with markets unanimous that the MPC would opt for the status quo. Even so, there was just that soupçon of uncertainty up to the moment of Governor Shaktikanta Das’s statement on Thursday morning, confirming that yes, markets had called it right: The policy—or repo—rate, at which RBI infuses liquidity into the system, has been kept unchanged at 6.5% for the third successive time.

₹41,000 crore was earmarked for the sector over five years. At least 32 applicants were approved and local manufacturing continued its upward trajectory. A revised version of the programme is aimed at reprising that for computers.

Philip Cross and I recently wrote articles on the same FP Comment page discussing Liberal culture’s negative influence on Canada’s economic growth. His focus was on entrepreneurship and innovation while mine treated climate-change catastrophism. We both described how culture can undermine fact-based analysis, rational decision-making and the economic well-being of ordinary Canadians.

Deal With It ($DWIT) is a trending new crypto that aims to achieve what other tokens have failed to do - consistent profits and meaningful community rewards.

Air India unveiled its new logo on Thursday which signifies limitless possibilities. The Tata-owned airline has been working on the new logo for as many as 15 months.

Handloom Development Corporation (NEHHDC) will come up with Northeast Haat. NEHHDC organized the stone laying ceremony for «Norteast Haat,» also known as Ashtalaxmi Haat, at the NEHHDC Campus in Garchuk, Guwahati .

By Valentina Za and Alexandra Schwarz-Goerlich

The PEPE price has dropped by 1% in the past 24 hours, falling to $0.00000123 on a day when the cryptocurrency market as a whole has also fallen by close to 1%.

Lymphatic filariasis by 2027, three years ahead of the global target through a multi-partner and multi-sector targeted drive, Union Health Minister Mansukh Mandaviya said on Thursday. Mandaviya inaugurated the second phase of the Annual Nationwide Mass Drug Administration (MDA) initiative here on Thursday. «Through Jan Bhagidaari and Whole of Government and Whole of Society approach, we shall be able to eliminate this disease from the country,» the Union minister said. The second phase of the drive, commencing on August 10, will cover 81 districts in nine endemic states — Assam, Bihar, Chhattisgarh, Jharkhand, Karnataka, Maharashtra, Odisha, Telangana and Uttar Pradesh. Chhattisgarh Deputy Chief Minister TS Singh Deo and his counterpart in Uttar Pradesh Brijesh Pathak, Odisha Health Minister Niranjan Pujari and his counterparts in Assam Keshab Mahanta and Banna Gupta in Jharkhand joined the inauguration virtually. Addressing the gathering, Mandaviya said, «Efforts must not be limited to taking medicines but also aid in eliminating the spread of diseases via mosquitoes, without which progress to achieve our goal will be significantly restricted».

Mahua Moitra on Thursday took potshots at the government over the ethnic violence in Manipur. Moitra said that the no-confidence motion is to break the code of silence on Manipur. «We are here to ask the question in our 'tum abhi chup raho' republic where the PM tells a Governor 'chup raho'.

The founder of Care A2 Plus changed product labelling approved by regulators in the United States, delaying the delivery of baby formula, the company’s distribution partner has alleged.

peace talks between the Centre, Assam government and the ULFA pro-talk faction will be held at the national capital after Independence Day, the outfit's leader Anup Chetia has said. Chetia, who was speaking to reporters on Wednesday, also hoped that the peace talks will be concluded before 2024. «We hope to arrive at a solution with the Government of India before the (general) election… It realises that if it signs the agreement with us (ULFA pro-talk faction) the Assam imbroglio will be solved,» he said.

ULFA pro-talk faction will take place in Delhi, said the outfit's leader Anup Chetia on Wednesday while hoping for its conclusion before 2024, according to a report published by the news agency PTI. Speaking to media persons, Chetia said, “We hope to arrive at a solution with the Government of India before the (general) election ... It realizes that if it signs the agreement with us (ULFA pro-talk faction) the Assam imbroglio will be solved." “After Independence Day celebrations our discussions will be held in New Delhi with the representatives of the Government of India and Government of Assam," the outfit's leader said.

inflation as it believes that soaring vegetable prices, likely transient, could ease soon after monsoon rains subside. It raised the inflation forecast for the financial year to 5.4 percent, from 5.1 percent earlier, as vegetable prices could keep the headline numbers high even though core inflation may be reasonable.

repo rate is the rate of interest at which RBI lends to other banks. "As we celebrate India’s 77th Independence Day in a few days, I am happy to note that the Indian economy is exuding enhanced strength and stability despite the massive shocks to global economy in recent years. Our economy has continued to grow at a reasonable pace, becoming the fifth largest economy in the world and contributing around 15 per cent to global growth.

Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday while announcing the MPC's decision to leave lending rates unchanged. The MPC has left its projections made in the June meeting unchanged.

United States likely rose in July for the first time in 12 months, driven higher by more expensive gasoline and suggesting that the fight against rising prices may prove bumpier in the months ahead. The inflation report the government will issue Thursday is expected to show that consumer prices increased 3.3% from 12 months earlier. That would mark an uptick from a 3% year-over-year increase in June — the lowest such figure in more than two years.

writers held their landmark strike in 2007-2008. But as he manned the picket lines Wednesday — the day the current strike hit its 100th day, matching the length of the previous one — he was keenly aware of all the history involved. «I got a residual check yesterday for a show I worked on, because people went on strike in 1960, before I was even born,» he said.