The Times of India - Business (4 hours ago)
The Central Bureau of Investigation (CBI) has apprehended Amit Bapna, former CFO of Reliance Capital Ltd, as part of its probe into Reliance ADA Group matters. Authorities allege Bapna, a key financial decision-maker, approved loans to intermediary firms despite knowing it violated RBI guidelines. Funds were reportedly diverted to various Reliance...
ReadThe Times of India - Business (9 hours ago)
The government has increased its onion procurement price to Rs 2,125 per quintal, a 13% jump, to boost farmer earnings and accelerate buffer stock building. This marks the fifth revision this season amidst sluggish procurement. Despite this, domestic availability remains stable with adequate stocks and steady wholesale arrivals. Speculative buying...
ReadThe Times of India - Business (9 hours ago)
Union Minister Hardeep Singh Puri has addressed social media concerns regarding ethanol-blended fuel, dismissing claims of pest attraction and engine damage. He emphasized that ethanol usage is a century-old concept and highlighted past government efforts. Recent tests by ARAI and OEMs indicate a minor drop in fuel efficiency with E20, while Toyota...
ReadThe Times of India - Business (9 hours ago)
India has ascended to become the world's second-largest mobile phone manufacturer and exporter, Prime Minister Narendra Modi announced, underscoring the nation's commitment to building a comprehensive electronics and semiconductor ecosystem. This strategic push, encompassing chip design, fabrication, and packaging, is a pivotal step towards a...
ReadThe Times of India - Business (9 hours ago)
India's Finance Ministry has finalized rules for goods eligible for benefits under the India-UK trade pact, set to begin July 15. This Comprehensive Economic and Trade Agreement (CETA) will grant duty-free access to 99% of Indian exports, boosting sectors like textiles and engineering. Exporters must now provide a certificate of origin to claim...
ReadThe Times of India - Business (11 hours ago)
Concerns surrounding E20 ethanol-blended petrol are being addressed by industry experts, who assure its safety for all vehicles, including older models. Years of rigorous scientific testing and consultations with automakers have confirmed its efficacy. This nationwide rollout aims to significantly reduce India's reliance on crude oil imports,...
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