Progressive Financial News

Recently, Prime Minister Narendra Modi said that India will be among the top three economies in the world during his third term, presuming the Bharatiya Janata Party wins next year’s Lok Sabha elections. “On the basis of [our] track record, in the third term of our government, India will become the world’s third-largest economy. This is Modi’s guarantee," the Prime Minister said while speaking at an event in New Delhi.

luxury jewellery and watch store, Piaget, located on Rue de la Paix in the heart of Paris. The robbers struck around 1:00 pm (1100 GMT), making off with an estimated 10 to 15 million euros worth of goods. Thankfully, no one was injured in the incident. Early indications suggest that three individuals were involved in the robbery, with at least one of them brandishing a weapon. The daring gang managed to escape the scene with their bounty, leaving authorities in pursuit of the culprits. Rue de la Paix is renowned for housing prestigious jewellery brands and is situated near the esteemed Place Vendome. This latest incident echoes a similar high-profile heist that occurred in April, where three individuals on motorbikes targeted the Bulgari store, fleeing with jewellery worth several million euros.

largest solar module manufacturers and has the fastest growing capacity in renewable energy, Union Power Minister R K Singh said on Tuesday. Stating that India has a considerable existing solar manufacturing capacity, he pointed to «even larger capacities under construction, including polysilicon».

Taco Bell, claiming that the Mexican Pizza he purchased last September contained only half the advertised beef and bean filling. Frank Siragusa filed a class-action lawsuit in the Eastern District of New York seeking upwards of $5 million in damages for what he alleges to be «unfair and deceptive trade practices.» According to the lawsuit, Siragusa contends that had he been aware of the substantial difference in filling between the actual product and the images shown in Taco Bell's adverts, he would not have paid the $5.49 price for the Mexican Pizza. He further claims that other customers were also left disappointed with their orders, including the popular Crunchwraps. The court filing includes a side-by-side comparison of Taco Bell's website images and customers' photos of the received products. The contrast is stark, with the restaurant's images portraying vibrant and generously-filled tacos, while customers' photos depict lackluster and unappetizing items.

India's third lunar mission Chandrayaan-3 is normal — hours after it completed its orbits around the Earth and moved closer to the Moon. Earlier today, a key manoeuvre to slingshot the Chandrayaan spacecraft towards the Moon from Earth's orbit was carried out successfully. The move put the spacecraft in a translunar orbit in which it enters the Moon's sphere of influence.

The oil-rich UAE, set to host COP28 from November to December in the business hub of Dubai, requires official permission for protests but effectively bans demonstrations it deems disruptive. At the upcoming UN climate talks «there will be space available for climate activists to assemble peacefully and make their voices heard», it said. The announcement was made in a joint statement with the United Nations Framework Convention on Climate Change (UNFCCC) released on Tuesday and published by the UAE's official WAM news agency.

Exciting Airline Merger Ahead! AirAsia India gears... moreExciting Airline Merger Ahead! AirAsia India gears up for integration with Air India Express, transforming into AI Express.

New Delhi: In a significant move towards promoting inclusivity and transparency, the COP28 Presidency and the United Nations Framework Convention on Climate Change (UNFCCC) have officially signed the host country agreement during a meeting in Abu Dhabi. “The COP28 presidency and the United Nations Framework Convention on Climate Change (UNFCCC) have officially signed the host country agreement, strengthening their joint commitment to inclusivity and transparency at COP28 that fosters solidarity and transformative progress across the climate agenda," the company said in a press release.

PVR Inox, the multiplex chain operator, on Tuesday reported a net loss of ₹44.1 crore in the quarter ended June 2023 as compared to a net profit of ₹68.3 crore in the year-ago period. The company’s net loss, however, narrowed sequentially from ₹285.7 crore in the previous quarter. Revenue from operations in Q1FY24 increased 31.7% to ₹1,266.6 crore from ₹961.5 crore, YoY.

The Supreme Court on Tuesday directed that the DGP of Manipur shall remain present before the court for the next hearing on Monday at 2 pm and be in a position to answer the court. Having called as «deeply disturbing» the video of two women being paraded naked in Manipur, SC also said there was a long delay in registering the FIR in connection with the incident. Tension had soared in Manipur, tormented by unabated ethnic violence, after a May 4 video surfaced last week that showed two women from one of the warring communities being paraded naked by a mob from the other side. «One thing is very clear that there is long delay in registering FIR in video case,» a bench headed by Chief Justice D Y Chandrachud remarked orally. At the outset, the Manipur government told the bench it has lodged 6,523 FIRs after ethnic violence erupted in Manipur in May.

Narendra Modi on Tuesday inaugurated two new extended lines on the Pune Metro, flagging off services between Civil Court-Phugewadi and Ruby Hall Clinic-Garwar. Speaking at the event, Modi said, «We have to modernise public transport, the government is making efforts to improve metro network.» He also extolled the importance of working together, saying that the country and society are the important factors at play, not power. «We want to ensure a better future for you and your children and future generations.

The Terra Luna Classic price has fallen below $0.00008 this morning after a 2% dip in the past 24 hours, with the altcoin also down by 3.5% in the last seven days and by 10% in the past fortnight.

Titan Company for the quarter ended June 2023. In its quarterly update last month, the company said it saw a 20% year-on-year (YoY) revenue growth in the quarter, with the mainstay jewellery segment witnessing a 21% growth. “Buyer growth was higher than average ticket size growth for this period.

Coal India (CIL) rallied 5% to Rs 240 in Tuesday's trade on BSE after the company posted 13.4% growth in coal production at 53.6 MTs in July 2023 over last year’s July. The output increased by 6.3 MTs compared to 47.3 MTs production on July 22. «Progressively CIL’s production soared to 229.1 MTs till July’23 in the current financial year achieving 99% target satisfaction.

₹8,963 crore. This drop was driven by a 10% decrease in prices coupled with a 9% dip in volumes, resulting in weak sales across all operational geographies. But despite the drop in volumes and prices, Ebitda (earnings before interest, tax, depreciation, and amortization) margin held steady at 18% sequentially due to favourable product mix.

Gangster Sachin Bishnoi, who was allegedly involved in the murder of Punjabi singer Sidhu Moosewala, was extradited from Azerbaijan, officials of the Delhi Police said on Tuesday. Officers from the Delhi Police's Special Cell had travelled to the Azerbaijan capital Baku to monitor the progress in the case.

Buy or sell stocks for today: Following strong global market sentiments, Indian stock market resumed uptrend after falling for two straight sessions. NSE Nifty gained 107 points and closed at 19,753 levels, BSE Sensex went up 367 points and closed at 66,527 mark whereas Bank Nifty finished 183 points higher at 45,651 levels.

The Matildas’ crucial victory against Canada in the FIFA Women’s World Cup has broken another historic ratings record, with more than 2 million viewers watching a female team sports match for the first time.

₹150 billion in the financial year 2023-24. The Adani Group is gearing for local-currency debt sales as reported by Bloomberg. This debt sales will be the first since damaging allegations were made by Hindenburg Research earlier this year, according to people familiar with the development as cited by Bloomberg.

Manipur, the Supreme Court on Monday said that it was contemplating to put in place a mechanism which should be «broad enough» to ensure justice to all those women who have been allegedly wronged. A bench headed by Chief Justice of India (CJI) DY Chandrachud questioned the Manipur government over the delay in registration of FIR in a case where two women belonging to the Kuki tribe were paraded naked and subjected to sexual violence in Manipur. While the incident happened on May 4, a zero FIR (registered against unknown persons) was registered on May 18.

Edited excerpts: How are South Korean firms looking at the Indian semiconductor ecosystem? The semiconductor industry here is bound to see progress. And, when it comes to actually building facilities and factories for semiconductors, safety is the biggest issue. From the point of setting up factories to the point of operations, there’s a strategic process.