India and China agree to resume direct air services and Kailash Mansarovar Yatra in 2025, improving strained relations.
Building on the thaw in relations, India and China have agreed in principle to resume direct air services between the two countries and restart the Kailash Mansarovar Yatra in the summer of 2025. According to the Ministry of External Affairs, the agreements were part of the decisions taken by Foreign
Goyal, Omani Minister discuss proposed FTA, trade & investment ties
Commerce & Industry Minister Piyush Goyal held an “engaging and excellent” meeting with his Omani counterpart Qais bin Mohammed Al Yousef in Muscat on Monday which may provide momentum to the India-Oman free trade agreement negotiations. India, however, may remain measured in its responses to demands from Oman for greater
Battle for Control: Danny Gaekwad moves to seize 55 per cent stake in Religare, writes to REL Board on competing offer
Florida-based businessman Danny Gaekwad has written to the Board of Religare Enterprises Ltd (REL) conveying his intent to launch a competing offer to the Burman Group’s open offer, which opened on Monday. The letter, received by REL on Monday, follows Gaekwad’s communication to SEBI Chairperson on Sunday, in which he
Hydrogen Fuel Cell train set from ICF to be launched by March
The Integral Coach Factory (ICF) is working on its flagship project for the Hydrogen Fuel Cell train set. Hydrogen fuel cell coaches are currently under production at ICF. The train set is likely to be turned out by March, said U Subba Rao, GM, ICF. In his Republic Day speech
India’s wheat procurement unlikely to be hit by higher market price
Despite wheat prices ruling high currently in the market, the government is optimistic about good procurement when the rabi marketing season begins. It is view is based on the 2023-24 purchases, which was 40 per cent higher than the previous season despite higher inflation of 17 per cent just before
Jaishankar to meet UAE leadership to discuss enhancement of bilateral ties
External Affairs Minister S Jaishankar is on a three-day visit to the United Arab Emirates where he will meet the country’s top leadership to advance the India-UAE comprehensive strategic partnership. “During the visit, EAM will meet the leadership of the UAE to review the close partnership between the two countries
Blenders, support boost tea sales at Coonoor auctions
Useful support lent by blenders and packagers, who sell to retail outlets in packets, helped increase tea sales at Coonoor auctions, despite the market being irregular market. Traders said the price was maintained at the bottom level while high-priced tea categories were irregular in sale no:4. Global Tea Auctioneers said
Centre invites applications for post of SEBI chief
The Centre has invited applications for the post of Chairman in the Securities and Exchange Board of India (SEBI). The appointment would be made for a maximum period of five years from the date of assumption or till the appointee attains the age of 65 years, whichever is earlier, according
Gold has provided 8% annual return since 1971, says WGC research
Gold prices have increased by 8 per cent on an annualised basis since 1971, comparable with that of equities but higher than that of bonds. The precious metal has outperformed many other asset classes over the past three, five, 10 and 20 years besides 2024, the World Gold Council (WGC)
Takeover tussle intensifies: Florida investor Danny Gaekwad ups the ante with 55% stake bid for Religare
Florida-based businessman Danny Gaekwad announced on Sunday that, if permitted by SEBI, he would be willing to acquire a controlling stake in Religare Enterprises Ltd (REL) by launching a competing open offer for 55 per cent of the company’s outstanding share capital. This marks a significant shift from his earlier