New Delhi: The Indian Renewable Energy Development Agency (IREDA), a government-run organisation, has filed a formal complaint against Gensol Engineering Ltd with the Economic Offences Wing (EoW) of the Delhi Police. IREDA has accused Gensol of submitting fake documents and violating agreements by selling promoters’ shares without approval. Loan Funds Allegedly Misused Between financial years 2021-22 … Read more
India’s Index of Industrial Production (IIP) likely grew 4.3 per cent year-on-year in March 2025, improving from 2.9 per cent in February, according to a report by Union Bank of India.The report said that the increase in IIP was mainly driven by a pickup in manufacturing and mining activity.It said, “IIP growth likely rose to … Read more
Gold-Silver Price Today: The global economic uncertainty created by the increasing tariff war between the US and China has increased the demand for gold as a safe investment and prices are skyrocketing. Gold-Silver Price Today: The growing tariff war between the US and China has shaken the global market. During this time, people are securing their … Read more
Bringing down the logistics cost to single digits, as envisioned by the government, will only be possible if more organised players are brought into the sector, said Uddhav Poddar, Chairman and Managing Director of Kaushalya Logistics Limited (KLL).“I think on the government’s part, they are doing a lot of work. In infrastructure, a lot of … Read more
Big Relief for Beneficiary Women in Maharashtra as Government Announces Final Date for the 10th Installment Mumbai: There’s good news for millions of women enrolled under Maharashtra’s flagship welfare initiative, the Majhi Ladki Bahin Yojana. Launched in July 2024, this scheme provides a monthly financial aid of ₹1500 to eligible women through Direct Benefit Transfer (DBT). With … Read more
While overall interest rate has started coming down, but there are still some banks who are offering a high interest rate on fixed deposits (FDs) for senior citizens up to 9.1% for three year tenure. Considering the fact that the Reserve Bank of India (RBI) has cut repo rates and already many banks have reduced … Read more
Apple aims to significantly increase iPhone production in India as part of its strategy to diversify manufacturing away from China and protect against uncertainties stemming from US-China trade tensions under the Donald Trump administration. Currently, the company produces approximately 40-43 million iPhones annually in India, with about 80% for export markets, according to industry data. … Read more
Gold prices have rallied sharply in 2025, scaling historic highs amid a confluence of supportive factors such as central bank purchases, persistent inflationary concerns, and escalating geopolitical tensions. The precious metal briefly touched $3,500 per ounce three days ago, marking a stunning year-to-date (YTD) gain of 32%, before paring some gains to a YTD increase … Read more
The government is slated to organise a ‘Coastal States Meet 2025’ here on Monday where fisheries projects worth Rs 255 crore will be unveiled to further strengthen the marine fisheries sector. The Department of Fisheries, under the Ministry of Fisheries, Animal Husbandry and Dairying, is organising the event under the chairmanship of Union Minister Rajiv … Read more
Mukesh Ambani-led Reliance Industries Limited (RIL) has become the first Indian firm to cross ₹10 lakh crore in net worth. Net worth is defined as the total of a company’s assets minus its liabilities. This follows RIL becoming the first Indian firm to cross ₹20 lakh crore in market cap last year. The company’s consolidated … Read more