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Rajnath to inaugurate TASL’s armoured vehicle manufacturing unit in his maiden visit to Morocco

Defence Minister Rajnath Singh will embark on a two-day official visit to Morocco beginning September 22, marking a significant step in deepening India’s strategic and defence engagement with the North African nation. During his visit, Singh will inaugurate Tata Advanced Systems Maroc’s new manufacturing facility for the Wheeled Armoured Platform (WhAP) 8×8 in Berrechid. This

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Madhya Pradesh secures India’s lowest price for solar power with battery storage

Each project unit delivers 220 MW during sunny hours, using solar panels, and draws power from batteries in the evenings and mornings Madhya Pradesh has secured India’s lowest-ever price for buying solar power backed by battery storage in a clean energy auction, a top state official said, in a deal that could reshape how states

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USD 100,000 H-1B fee to dampen fresh applications, spur offshoring in coming months: Mohandas Pai

Former Infosys CFO and industry veteran Mohandas Pai on Saturday said the US move to impose a steep $100,000 annual fee on H-1B visa applicants will dampen fresh applications by companies and may accelerate offshoring in coming months. US President Donald Trump has signed a proclamation that will impose $100,000 annual visa fee for highly

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Markets slip 0.5% as US revokes Chabahar sanctions relief; weekly gains intact

Synopsis Indian equity indices experienced a decline of nearly 0.5% on Friday, ending a three-day winning streak due to US sanctions relief revocation concerning the Chabahar port. Despite Friday’s dip, the indices concluded the week 0.8% higher, marking the third consecutive week of gains. Investors engaged in profit booking amidst tariff negotiation uncertainties, influencing market

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After solid start, treasury gains may weaken for banks in Q2

Synopsis Banks’ treasury gains, boosted by open market operations and softening yields in the first quarter, are expected to decline significantly in the second quarter. Rising yields and the absence of OMOs will negatively impact bond investment earnings. Analysts anticipate muted gains compared to the previous quarter, potentially leading to mark-to-market losses for some institutions.

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Odisha charts a new course in statistical transformation with World Bank support

The Odisha government has taken a significant step towards strengthening its statistical system with the support of the World Bank. A meeting with the World Bank Mission Team on the Externally Aided Project ‘Strengthening the State Statistical System under Odisha State Capability and Resilient Growth’ was held at the P&C Conference Hall, Bhubaneswar, on Thursday.

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