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With the Union Budget unveiling a new ₹20,000 crore Nuclear Energy Mission to develop at least five indigenously designed and operational small modular reactors (SMRs), Tata Power Company Ltd. on Tuesday (February 4, 2025) said it is mulling a foray into the SMR segment. The government has said it is looking at active partnerships with…
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S&P Global logo | Photo Credit: Reuters Budget 2025-26 will boost India’s growth over the next few years, thanks to domestic demand driven by income tax cuts for households, S&P Global Ratings said on Tuesday (February 4, 2025), even as it pared the 2024-25 growth projection to 6.7% from an earlier predicted 6.8%, and flagged…
Moody’s corporate headquarters in New York. File | Photo Credit: Reuters Increasing foreign investment limit in the insurance sector to 100% from 74% is likely to attract more global players in the growing Indian insurance market, Moody’s Ratings said on Tuesday (February 4, 2025). Additionally, strong premium growth is expected to boost profitability of the…
Read More “Moody’s Ratings: Increase in FDI limit in insurance sector to woo more foreign players” »
Genetically modified polo horses stand in San Antonio de Areco, on the outskirts of Buenos Aires, Argentina, January 30, 2025. | Photo Credit: Reuters Argentina’s award-winning mare Polo Pureza will have her genes, or at least most of them, live on in five genetically edited horses designed to outrun the polo legend herself. Scientists at…
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Representative image | Photo Credit: Reuters As many as 17,654 companies have been closed down till January 26 in the current financial year and a total of 1,38,027 firms were registered during the same period, according to official data. The data was shared by Minister of State for Corporate Affairs Harsh Malhotra to the Rajya…
According to exchange data, FIIs offloaded equities worth ₹3,958.37 crore in the capital markets on a net basis on Monday, February 3, 2025. Photo: V.V.Krishnan The rupee recovered 3 paise from its all-time low level to close at 87.08 (provisional) against U.S. dollar on Tuesday (February 4, 2025), as the American currency index retreated from…
Read More “Rupee recovers 3 paise from all-time low to close at 87.08 against U.S. dollar” »
Photo used for representation purpose only. | Photo Credit: Reuters Benchmark stock indices Sensex and Nifty rebounded nearly 2% on Tuesday (February 4, 2025) in line with a recovery in Asian peers after U.S. President Donald Trump delayed tariffs on Mexico and Canada for a month. The 30-share BSE Sensex jumped 1,397.07 points or 1.81%…
Over the past decade, furtive commercial entities around the world have industrialised the production, sale and dissemination of bogus scholarly research. These paper mills are profiting by undermining the literature that everyone from doctors to engineers rely on to make decisions about human lives. It is exceedingly difficult to get a handle on exactly how…
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Activist short-seller Nathan Anderson, known for his high-profile campaigns against the likes of Adani Group, said he is closing his firm, Hindenburg Research, not because of any threat — legal or otherwise — and that he stands by all its reports. Mr. Anderson told PTI that Hindenburg’s January 2023 report accusing Adani Group of “the…
Read More “Hindenburg’s Nate Anderson says stands by Adani report, closure not due to any threat” »
BMC Commissioner Bhushan Gagrani at the presentation of the Budget 2025-26, in Mumbai, Tuesday, Feb. 4, 2025 | Photo Credit: PTI The Brihanmumbai Municipal Corporation (BMC), considered the richest civic body in the country, on Tuesday (February 4, 2025) presented its budget of ₹74,427 crore for the year 2025-26. The civic body is under an…
Read More “BMC presents over ₹74,000 crore budget for 2025-26” »
