Toyota Kirloskar Motor (TKM) is celebrating the government’s new budget, which they see as a masterful blend of infrastructure investment, social upliftment, and environmental stewardship. Mr. Vikram Gulati, Country Head and Executive Vice President of Corporate Affairs and Governance at TKM, shared his insights on how the budget reflects a commitment to balanced economic growth….
Shri Ashishkumar Chauhan, MD and CEO of the National Stock Exchange (NSE), has praised the Union Budget 2024 for its profound social impact and potential to uplift countless lives. Chauhan’s reflections reveal how the budget’s initiatives are poised to create meaningful change and inspire new opportunities for millions across India. Chauhan highlighted the budget’s focus…
European major Airbus has shortlisted eight sites in India to set up its final assembly line for H125 helicopters and the ground-breaking ceremony for the facility is expected to take place later this year.Airbus officials said the facility, which will be the fourth final assembly line (FAL) for the single-engine H125, will initially produce 10…
Singhania Quest+, in collaboration with the World Book of Records (London, UK), has launched ‘Go Coderz,’ India’s first and largest national coding competition aimed at school students. This pioneering event aligns with the New Education Policy (NEP), which integrates coding into the education system, and targets students from grades 3 to 10. The competition promises…
The rupee on Thursday weakened by 6 paise to close at 83.64 (provisional) against the US dollar as the strength of the US currency in the overseas market and overnight rise in crude oil prices weighed on investor sentiments.Forex traders expect the rupee to trade with a slight negative bias due to the strong US…
BJAUT reported stable Q1 (revenue/EBITDA growth of 16%/24% YoY; 20.2% EBITDA margin, aided by 50bps of PLI gain). Domestic 2W prospects are good, although BJAUT’s position has now fallen (even in 125cc motorcycles); The reaction to the newly-launched CNG motorcycle needs to be monitored. MGMT is guided to make export recovery gradual, and its focus…
Dealers’ body FADA on Monday said that automobile retail sales grew by 9 percent year-on-year in the June quarter of FY25, with all segments except tractors registering increment. Total retail sales increased to 61,91,225 units in the April-June period from 56,59,060 units in the same quarter of FY24. Passenger vehicle retail sales rose 2.53 percent…
Chanakya IAS Academy, Guwahati, has announced its latest initiative, the ‘SUPER 20 Batch’, designed to elevate education standards for UPSC 2025 aspirants. This specialized program features a unique teacher-student ratio of 1:20, emphasizing personalized mentorship and comprehensive preparation across all stages of the UPSC examination. Launching on August 20, 2024, the SUPER 20 Batch integrates…
State Bank of India (SBI) has increased its marginal cost of lending rates (MCLR) by 5 to 10 basis points (bps) for most tenures from today, July 15. Shares of State Bank of India, India’s largest public sector bank (PSB), are trading at ₹868.00, up 0.97 percent from its previous close. SBI MCLR increase MCLR…
Personal income tax collections are overtaking corporate tax collections, with cumulative net direct tax collections rising by nearly 20 percent to Rs 5.74 lakh crore during the period April 1 to July 11 of the current financial year (2024-25), Income Tax Department said in a statement late Friday night. Personal income tax collections continue to…
