The Reserve Bank of India (RBI) has rolled out new guidelines aimed at mitigating the growing risks of fraud in digital transactions. With mobile numbers now central to account verification and transaction alerts, they have become both a critical tool and a target for scammers. To combat this, the RBI emphasises the need for stricter …
The Halwa ceremony is a cherished annual tradition held in the lead-up to the Union Budget 2025 presentation. Five days before the Budget is revealed in Parliament, this ritual is observed to celebrate and recognise the hard work of the finance ministry’s team. The event involves the preparation and serving of “halwa,” a traditional Indian …
The week ended January 24, 2025, saw the Indian securities market on a roller coaster ride. The benchmark indices NSE Nifty 50 and BSE Sensex started the week with 23,290.40 and 77,073.44 on January 20, 2025, respectively. On Tuesday, the benchmark index BSE dropped significantly to 75,838.36. At the close of the week, the Indian securities market dropped 0.49% …
In a landmark development, Tata Electronics announced the acquisition of a controlling 60% stake in Pegatron Technology India. This acquisition strengthens Tata Electronics’ presence in the electronics manufacturing services (EMS) sector and aligns with the Indian government’s ‘Make in India’ initiative. Pegatron India, a subsidiary of Taiwan-based Pegatron Corporation, plays a key role in Apple’s …
Amazon Web Services (AWS) has pledged an investment of ₹60,000 crore to expand its data centre infrastructure in Hyderabad, Telangana. The announcement was made during the World Economic Forum (WEF) annual conference in Davos, Switzerland, where AWS Global Public Policy Vice President Michael Punke met with Telangana IT and Industries Minister D. Sridhar Babu and …
JSW Defence, a part of the JSW Group has signed an MoU with the Telangana government to invest ₹800 crore in a drone production plant. Supported by a global partnership, this initiative is expected to strengthen Telangana’s position as a hub for advanced technology and innovation. Landmark Investment in Telangana JSW Defence has signed a …
As per news reports, India plans to repatriate 18,000 illegal migrants from the US in line with President Trump’s immigration policies, signalling its willingness to cooperate with the new administration and mitigate potential trade tensions. How Many Illegal Indian Migrants Are There? Around 18,000 Indian nationals living unlawfully in the US have been identified, though …
Piramal Pharma announced on Wednesday, January 22, that its division, Piramal Critical Care (PCC), has launched Chlorpromazine Hydrochloride for Injection, USP in the United States. This marks an important addition to PCC’s growing portfolio of generic injectable products. The product will be available in two vial formats: 25 mg/1 mL and 50 mg/2 mL, providing …
The Nifty 50 index recovered before its weekly expiry, showing a gradual upside on Wednesday, January 22, 2025. The index traded within a range-bound manner, oscillating between 22,981 and 23,169 levels. Despite the constrained movement, the Nifty 50 managed to close above the key 23,150 mark, ending the day with gains of 130 points at …
The benchmark equity indices ended Thursday’s trading session in positive territory. The NSE Nifty 50, on its weekly expiry day, jumped 50 points, or 0.22%, to settle at 23,205.35, while the BSE Sensex gained 155.40 points, or 0.15%, to close at 76,520.39. The broader indices ended in mixed territory, with gains led by large-cap stocks. …
