India’s factory employment crossed pre-pandemic level in FY22, investment also picked up pace
India's factory employment grew by 7% in FY22, surpassing the pre-COVID level, as per the Annual Survey of Industries. Investments and output also increased, indicating the country's recovery from the pandemic. The manufacturing sector showed resilience after the adverse effects of the pandemic, with a marginal fall in employment in 2020-21. Key Points
Economic TimesEaseMyTrip co-founder buys property in Gurgaon worth ₹100 crore
The total land area of the Gurgaon plot is 43,594 sq. ft and the total built-up area is 1,00,429 sq. ft, the registration documents showed Key Points
Hindustan TimesKarnataka logs 125 fresh Covid-19 cases, three new deaths
In the last 24 hours, Karnataka recorded 125 new cases of Covid-19 and three deaths related to the virus. The total number of active cases in the state now stands at 436. In the same period, 30 patients were discharged, and a total of 3,155 tests were conducted, including 2,072 RT-PCR and 1,083 Rapid Antigen tests. The positivity rate is reported at 3.96%, and the case fatality rate is at 2.4%. Key Points
Economic TimesTiger 3 box-office: Salman Khan, Katrina Kaif, Emraan Hashmi's film jumps by 42% on Saturday, collects Rs 18.75 crore
Having booked the opening of more than 44.50 Cr. nett India, the film has achieved the impossible on a day that is practically considered a half day for films in India Key Points
FirstpostIndia finish last in equestrian eventing jumping team and individual final at Asian Games
Hangzhou (China), Oct 2 (PTI) Indian riders had a disappointing time in the equestrian team and individual jumping final as they lost out on the medal race to finish at the last position at the Asian Games here on Monday. With total penalties of 1077.20 — far greater than any of the competitors in the […] Key Points
ThePrint
India sees further dip in daily Covid tally with 4,282 cases
The number of active cases also dropped to 47,246 - comprising of 0.11 percent of the total infections. | Latest News India Key Points
Hindustan TimesWeekly Covid wrap: Cases, positivity rate and Centre's advisory
A total of 92.54 cr Coronavirus tests were conducted so far. The weekly positivity rate stood around 5.43%. | Latest News India Key Points
Hindustan TimesKerala logs over 1,100 Covid-19 cases in 24 hours, govt issues guidelines
A total of 1,900 people have been recovered from the coronavirus infection in Kerala..One person succumbed to the Covid-19 virus in the last 24 hours. Key Points
mintBoB Q4 loans rise 19%, deposits grow 15%
The bank’s total deposits, grew 15% YoY to Rs 12.03 trillion as of March end. Of the total, current account and savings account (CASA) deposits were at Rs 4.42 trillion. Key Points
FinancialexpressBoM logs 30 pc loan growth; total business crosses Rs 4 lakh cr in Q4
. At the end of March 2023, the total business (total advances and total deposits) increased to Rs 4.09 lakh crore as against Rs 3.37 lakh crore at the end of the previous fiscal. Key Points
Financialexpress
Indian lifters bag two bronze on day 1 of World Youth Championships
Jyoshna won silver in the snatch section but was sixth in the clean and jerk category in the seven-lifter field. Dhanush, on the other hand, heaved a total weight of 200kg (88kg+112kg) to finish third behind Filipinos Prince K. Delos Santos and Eron Borres in the men's 49kg event. The 16-year-old won a silver medal in the snatch category. Key Points
Economic TimesCredit Suisse: Impact on Indian banking unlikely
Of total assets, Rs 1,900 crore are in form of cash and bank balance, Rs 900 crore in cash credits, overdrafts and loans, and Rs 14,600 crore in the form of government bonds, among others. Twenty top borrowers account for 99.9% of the bank’ s total loans. Key Points
FinancialexpressIsle of Man bowled out for 10 runs in lowest T20 score
The previous lowest total was registered by the Turkish national team against Czech Republic in 2019, when they bundled out for 21 inside 8.3 overs. Key Points
The Indian ExpressMoney laundering: ED data says only 2.98% cases against MPs/MLAs; conviction rate 96%
ED has said that only 2.98% of its overall ECIRs or complaints have been filed against serving or former MPs and MLAs even as its conviction rate under the anti-money laundering law is at a high of 96%. The probe agency has published an updated data of its action under the three laws it implements--PMLA, FEMA and FEOA - till Jan 31, 2023. Key Points
Economic TimesKarnataka logs 201 fresh Covid-19 cases, 1 new death on Saturday
According to the bulletin, in the past 24 hours, 60 patients have been discharged, a total of 7,060 tests have been taken, including 5,549 RTPCR and 1,511 Rapid Antigen tests. The Positivity Rate stands at 2.84 per cent while case fatality rate stands at 0.49 per cent. Key Points
Economic Times
NBFC-MFIs largest provider of microfinance: Report
According to the report, the MFI sector has immense growth potential with the market size estimated by MFIN to be around Rs 13 lakh crore during the current fiscal 2023-24. MFIN said that the new regulations have guided the strengthening of governance in microfinance operations. Key Points
Economic TimesNCLT approves 180 resolution plans in FY23, totalling Rs 51,424 crore
While, in terms of realisation of the amount for creditors, this is the second highest after FY19, when the total realisation was Rs 1.11 lakh crore after completing 77 insolvency proceedings including some big-ticket matters such as Essar Steel and Monnet Ispat. Key Points
Economic TimesGenus Power Infrastructures wins order worth Rs 2,259.94 crores
India Business News: Genus Power Infrastructures has secured a Rs 2,259.94 crore order for a smart meter project, bringing its total order book to over Rs 19,000 crore. Th Key Points
Times Of IndiaAmazon CEO Andy Jassy got total pay of Rs 10 crore in 2022, 99 per cent less than what he got in 2021
According to the company's annual proxy statement filing, the executive got a total pay of $1.3 million (around Rs 10 crore) in 2022. This is a 99 percent drop from the total $212,701,169 income that he received back in 2022. Key Points
India TodayAdani total Gas turns multibagger after strong rally. Details here
Adani total Gas has experienced a surge of about 125 per cent from its 52-week low at Rs 521.95, recorded on October 26, 2023. Over the past month alone, the stock has more than doubled investors' wealth, up over 111 per cent. Key Points
India Today
Stocks in news: Titan, RIL, Puravankara, Bank of Baroda, Biocon
Titan Co has clocked 20% year-on-year growth in its revenues for the second quarter ended September 2023. A total of 81 stores were added in this period, taking the groups retail presence to 2,859 stores. Key Points
Economic TimesMay sees record number of air travellers
Domestic airlines witnessed a record number of travellers for the month of May with a total of 132.14 lakh passenger trips registered, a growth of 15.24% over the same period last year. Key Points
The HinduIndia's total debt rises to Rs 205 lakh crore in Sept quarter
India's total debt rises to Rs 205 lakh crore in Sep quarter Mumbai. The country's total debt, or the total outstanding bonds which are being traded in the market, rose to USD 2.47 trillion (Rs 205 lakh crore) in the September quarter, according to a report. Key Points
Economic TimesStock rally brings Gautam Adani back among world's 20 richest billionaires
Adani is now at the 19th spot in the Bloomberg Billionaires Index. His total net worth has seen a $6.5 billion uptick as last reported by Bloomberg. The Ahmedabad-based businessman's total net worth is still down by $53.8 billion on the year-to-date basis. Key Points
Economic TimesAverage gross income for individual taxpayers rises 56% in 8 years
The Central Board of Direct Taxes (CBDT) disclosed that in the assessment year 2021-22, the average gross total income of individual taxpayers to ₹7 lakh, as compared to ₹4.5 lakh in the assessment year (AY) 2013-14. According to CBDT's analysis of income-tax returns, the top 1% of individual taxpayers experienced a 42% increase in their average gross total income, while the bottom 25% saw a 58% increase. Key Points
Economic Times
Record-breaking SRH beat MI by 31 runs
Sunrisers Hyderabad outperformed Mumbai Indians in a high-scoring IPL match. SRH set a record total of 277, with notable contributions from Travis Head, Abhishek Sharma, and others. MI's efforts fell short with a total of 246. Key Points
Economic TimesAdani total Gas signs MoU to aid Flipkart's efforts to decarbonise its supply chain
Ahmedabad (Gujarat) [India], December 27 (ANI): Adani total Gas and e-commerce platform Flipkart signed a Memorandum of Understanding (MoU). Under the pact, Adani total Gas will work with Flipkart to support its vision to reduce the carbon footprint of the movements of goods between sourcing locations, warehouses, and end customers. Adani TotalEnergies E-Mobility Limited (ATEL), […] Key Points
ThePrintState elections witness surge in women candidates, Mizoram's female representation lags
Recent state elections in Chhattisgarh, Mizoram, Madhya Pradesh, Rajasthan, and Telangana showcased the highest proportion of women candidates, yet the numbers remain insufficient. Female winners in these states remain significantly low, both in absolute count and proportion compared to total winners. Mizoram, notably, hasn't elected a woman to its assembly since 1987, reflecting the persisting challenge of inadequate female representation in state legislatures. Key Points
Economic TimesCentre extends this scheme by another 5 years, 81 crore Indians will benefit
The government will spend a total of ₹ 11.80 lakh crores over next five years, Union minister Anurag Thakur announced. | Latest News India Key Points
Hindustan TimesBank of Maharashtra clocks 25 per cent loan growth
Total deposits of the bank increased by 24.73 per cent to Rs 2.44 lakh crore as against Rs 1.95 lakh crore at the end of the first quarter of the previous financial year. During the quarter, it said, the Current Account and Savings Account (CASA) ratio stood at 50.97 per cent of the total deposits. Key Points
Economic Times
India’s domestic air passenger traffic grew to 1.20 cr in Feb 2023: DGCA
The growth in traffic was led by market leader IndiGo, which flew 67.42 lakh passengers during the previous month, cornering 55.9 per cent of the total domestic passenger traffic in February 2023. Key Points
FinancialexpressMFI loans rise 25.2% in Oct-Dec
Currently, there are 83 microfinance institutions with a loan amount outstanding of Rs 1.2 trillion, accounting for 38.5% of the total industry portfolio. Key Points
FinancialexpressSolar eclipse 2024 date: When is total solar eclipse? Will it be visible from US?
Total solar eclipse will be visible from the US in April. Residents in Maine, Texas, Arkansas, Oklahoma, Illinois, Missouri, Indiana, Kentucky, Ohio, Kentucky, New York, Pennsylvania, New Hampshire, and Vermont, will be able to watch total Solar Eclipse. Key Points
Economic TimesLength of national highways in India increased 60 pc in last 10 years: Road Transport and Highways secreta
Addressing a press conference, Jain said the total length of four-lanes and above national highways (NHs) increased by 2.5 times to 46,179 km in December 2023 from 18,387 km in 2014. Key Points
Economic TimesBajaj Auto sales jumped 19% to 471,188 units in Oct 2023
Bajaj Auto's total dispatches to dealers last month rose by 36 percent to 329,618 units. The company said this was its highest-ever monthly wholesales to date. Key Points
mint
Rains trigger landslides in parts of Himachal; 'yellow' warning issued
A total of 19 roads were closed due to inclement weather in the last few days. A maximum of 11 roads were closed for vehicular traffic in Sirmaur, three in Kullu, two each in Chamba and Shimla and one road was closed in Kangra. A total of 171 transformers were also disrupted. Key Points
Economic TimesMaharashtra Covid cases rise by 186% with 711 new infections; 218 in Mumbai
A total of four Covid-related deaths were reported on Tuesday - with the fatality rate at 1.82 percent. | Mumbai news Key Points
Hindustan TimesITR filing process: How to fill ITR-3 form (Part B) for business income tax return filing; check details
Income Tax Return (ITR) Filing for Small Business: The ITR-3 form has primarily three parts – Part A, Schedules and Part B followed by the form’s verification. Part B seeks details about total income in the first sub-part and tax liability on it in the second sub-part. Key Points
FinancialexpressLok Sabha elections: Nearly 25 lakh voters in Gurgaon, 3.5 lakh new ones
Explore the latest updates on the Gurgaon Lok Sabha constituency with 3.5 lakh new voters. Get insights on Rao Inderjit Singh's bid for a sixth victory and the key political players. Key Points
Times Of IndiaSIPs turn into gulps: 2024 begins with a bang
Gross addition of accounts was also the highest on record at 5.1 million last month, while new SIP account to closure ratio — a measure to gauge how many SIPs accounts opened for one closed — was the best in 25 months at 2.18. The monthly SIP book at Rs 18,872 cr was 7% higher from Dec, the fastest sequential growth in 21 months Key Points
Economic Times
Committed to achieve 50 pc of renewable power sources ahead of 2030, says official
India aims to achieve its target of 50% renewable energy capacity by 2030, ahead of schedule. The country plans to have 485 GW of renewable energy out of a total capacity of 500 GW from non-fossil sources. Currently, renewable energy accounts for over 42% of India's total energy capacity. The renewable energy capacity has increased from 76 GW in 2014 to 180 GW at present. Another 175 GW of renewable energy capacity is under implementation. Key Points
Economic TimesWhatsApp bans nearly 75 lakh Indian accounts in the month of October 2023: Find out why
WhatsApp has released its monthly report detailing actions taken in response to user grievances and violations of Indian laws or WhatsApp's Terms of Service. In the specified period, WhatsApp banned a total of 7,548,000 accounts in India. Key Points
mintMaruti plans 7-year-long drive with 10 new models
The company, which has commenced work to double its production capacity, is in the process of setting up its largest manufacturing facility with total installed capacity of 1 million units at Kharkhoda, Haryana. The board has additionally approved establishment of a factory for another 1 million units, the site for which is yet to be finalised by Maruti Suzuki. Key Points
Economic TimesIndia's Adani Green posts surge in profit on higher sales, capacity
Adani Green Energy (ADNA.NS), India's largest renewable energy firm by total capacity, reported a 50.5% rise in first-quarter profit on Monday, aided by strong power sales and improved capacity utilisation in its solar and wind-solar projects. Key Points
ReutersAdani total Gas shares hit 5% lower circuit. Here's why
At 10:55 am, Adani total Gas shares were trading 5 per cent lower at Rs 633.35 apiece. In the past five days, the stock fell nearly 20 per cent and over 31 per cent in one month. Key Points
India Today
GeM: Amazon of public procurement surpasses 1 crore transactions
Ease of doing business for MSMEs: As of Tuesday, the total number of transactions or orders processed on GeM stood at 1.50 crore by 68,620 buyer organizations from over 60 lakh sellers and service providers. Key Points
FinancialexpressCovid-19 Top Updates: Active infections cross 53,000 mark in India! Over 10,000 fresh cases recorded in last 24 hours
According to the ministry website, the national Covid-19 recovery rate has been registered at 98.69 while the active case is said to be 0.12 percent of the total infections. Key Points
Financialexpress