Category: Breaking News
Investment of Rs 1.46 lakh crore realised across 14 PLI sectors till August
The Indian government’s Production Linked Incentive (PLI) schemes across 14 sectors have yielded Rs 1.46 lakh crore in investments, generating over Rs 12.50 lakh crore in sales and 9.5 lakh … Read More
Adani to merge Sanghi, Penna with Ambuja
Ambuja Cements is merging its subsidiaries, Sanghi Industries and Penna Cement, to boost operational efficiency. Sanghi shareholders will receive 12 Ambuja shares for every 100 Sanghi shares. Post-merger, the Adani … Read More
Bitcoin rises to record after longest weekly winning run since 2021
Bitcoin soared to a new all-time high, fueled by President-elect Trump’s pro-crypto stance and plans for US dominance in the sector. The surge, exceeding $106,000, boosted the broader crypto market. … Read More
Rs 12 lakh crore loans written off in 10 years, half of it by PSU banks in last 5 years
Indian commercial banks wrote off Rs 12.3 lakh crore in loans between FY15 and FY24. Public sector banks accounted for Rs 6.5 lakh crore of write-offs in the last five … Read More
India’s richest men, Mukesh Ambani & Gautam Adani, drop out of elite $100 billion net worth club: Report
India’s wealthiest individuals, Mukesh Ambani and Gautam Adani, have recently seen their fortunes dip below $100 billion. Ambani’s Reliance faces declining energy earnings and retail struggles, while Adani battles US … Read More