Cabinet approves up to 9% hike in MSP of wheat, other major Rabi crops

New Delhi (IANS) The Cabinet Committee of Economic Affairs on Wednesday approved the increase of up to 9 per cent in the Minimum Support Prices (MSP) for all mandated Rabi crops for marketing season 2024-25.

The absolute highest increase in…

Govt extends curbs on sugar exports to keep prices in check

New Delhi (IANS) The government on Wednesday extended restrictions on sugar exports beyond October 31 this year to increase availability of the commodity in the local market and keep prices in check during the festive season.

"Restriction on…

Financials lead Sensex down

New Delhi (IANS) The BSE Sensex was down 246 points at 66,181 points on Wednesday. Financial stocks are down with Bajaj Finance, Bajaj Finserv, HDFC Bank, Axis Bank down more than 1 per cent.

The tragic bombing in the Gaza hospital has confounded…

ONGC, OIL to gain as govt cuts windfall tax on crude oil

New Delhi (IANS) The central government has reduced the windfall tax on domestic crude oil with effect from October 18 from Rs 12,200 a tonne to Rs 9,050 in its fortnightly review which will benefit upstream oil companies, including ONGC and Oil India…

IT majors interim dividend: Infosys leads in terms of quantum per share but lags by percentage

Chennai (IANS) Software major Infosys Ltd has been gradually increasing the quantum interim dividend to its shareholders over the years.

Announcing the second quarter results for FY24, the company had declared an interim bonus of Rs 18 per…

Maruti to issue Rs12,841cr worth shares to Suzuki for 100% stake in Guj plant

New Delhi (IANS) The country’s leading car maker, Maruti Suzuki India announced on Tuesday that it would issue shares worth Rs 12,841 crore to its parent company Suzuki Motor Corporation to acquire 100 per cent equity capital in the latter’s Gujarat…

Rocket startup Agnikul raises Rs 200 Cr capital

Chennai (IANS) Rocket startup Agnikul Cosmos on Tuesday said it has raised Rs 200 crore ($26.7 million) to scale its existing technology towards commercialization as well as invest in key facilities such as mobile launchpads and other test rigs necessary…

Apple leads tech giants in pushing suppliers to adopt clean energy

New Delhi (IANS) Apple leads the pack of six tech giants who have set targets for its suppliers to switch to renewable energy and among those top IT brands, it is the only company that has a 100 per cent renewable electricity target in its supply…

AERA issues warning to airport operators over unauthorised passenger tariffs

New Delhi (IANS) The Airports Economic Regulatory Authority (AERA) has issued a stern warning to airport operators regarding the imposition of unauthorised tariffs on passengers.

Civil society forum writes to RBI Governor seeking information security auditors system for banks

Kolkata (IANS) In the wake of multiple instances of online bank frauds through misuse of biometrics data in Aadhaar cards, a popular civil society forum here has appealed to Reserve Bank of India (RBI) Governor Shaktikanta Das for the introduction…