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Author: NNI Editor
Prime Minister Narendra Modi with Madhya Pradesh CM Mohan Yadav at the Global Investors Summit 2025 in Bhopal, Monday, February 24, 2025. | Photo Credit: PTI Prime Minister Narendra Modi on Monday (February 24, 2025) said he delayed his departure to the venue of the investors summit in Bhopal to ensure that students are not inconvenienced.Mr. Modi mentioned this in his speech after inaugurating the ‘Invest Madhya Pradesh – Global Investors Summit-2025’ in Bhopal.“I apologise to all of you for being late in coming here today. There was a delay because when I reached here yesterday, one thing came to…
Madhya Pradesh Global Investors Summit: Gautam Adani outlines ₹2.1 lakh crore investment blueprint
Madhya Pradesh CM Mohan Yadav in a meeting with Adani Group chairman Gautam Adani during Global Investors Summit 2025 at Indira Gandhi Rashtriya Manav Sangrahalaya in Bhopal, on February 24, 2025. | Photo Credit: PTI Adani Group Chairman Gautam Adani on Monday (February 24, 2025) announced new multi-sectoral investments of more than ₹1.10 lakh crore for Madhya Pradesh that, he said, would create more than 1.2 lakh jobs in the State by 2030. Mr. Adani, who was speaking at Madhya Pradesh Global Investors Summit (GIS) 2025, also said the Group is in discussions with the State Government for a greenfield…
Government to cap investment in EV charging for tariff relief as Tesla entry looms, document shows
In India’s nascent EV market, many buyers have shied away from making purchases due to lack of fast chargers. File | Photo Credit: Reuters India’s EV policy, which offers import tax cuts for foreign automakers investing in the country, will restrict them from using funds spent on charging infrastructure for such relief, increasing their car manufacturing, a government document shows.India last year announced a policy aimed at attracting Tesla to manufacture EVs in the country and let such foreign carmakers import cars at a 15% tariff, from around 100% now, but only if they invest at least $500 million for…
Production, export of pain relief drugs halted over reports of opioid crisis in West Africa
While Tapentadol is an opioid medication that is used to treat moderate to severe pain, Carisoprodol is a muscle relaxant which works on the centres in the brain and spinal cord to relieve pain. Representational image. | Photo Credit: REUTERS The apex drug regulatory authority has prohibited the production and export of all combinations of pain relief medicines tapentadol and carisoprodol, over news reports that unapproved combinations of the drugs exported to West African countries are driving an opioid crisis there. In a communication, the Drugs Controller General of India (DCGI) has asked the drug control authorities of States and…
Sensex drops below 75,000-mark; Nifty tanks 188 points on weak U.S. markets, relentless FII selling
Bombay Stock Exchange (BSE) in Mumbai. File | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty tumbled in early trade on Monday (February 24, 2025) tracking extremely weak U.S. market trends, incessant foreign fund outflows and concerns over U.S. tariffs. The 30-share BSE benchmark Sensex tanked 567.62 points to 74,743.44 in early trade. The NSE Nifty dropped 188.4 points to 22,607.50. From the Sensex pack, HCL Tech, IndusInd Bank, Zomato, Tech Mahindra, Tata Consultancy Services, ICICI Bank, HDFC Bank and Power Grid were among the biggest laggards. Maruti and Mahindra & Mahindra were the gainers from the pack. Foreign…
Representative image | Photo Credit: Reuters The rupee rose 1 paisa to 86.67 against the U.S. dollar in early trade on Monday (February 24, 2025) amid a weakening greenback against international currencies.However, a sharp fall in the domestic equity markets in morning trade, a decline in the country’s forex reserves and sustained FII outflows prevented further gains, forex traders said.At the interbank foreign exchange, the domestic unit opened at 86.58, up 10 paise against the U.S. dollar, but gave up initial gains to reach 86.67, just 1 paisa higher than Friday’s close. On Friday, the rupee pared initial gains and…
Continuing your SIPs is optimal despite the downside risk; that said, reducing your equity exposure during the last five years of the time horizon for your life goal is very important Source link
Indian stock exchange – Bombay Stock Exchange (BSE) located at Dalal Street, Kala Ghoda, Mumbai. File | Photo Credit: Getty Images With its tricky jargons and complexities, the stock market is a maze-like labyrinth that often perplexes new investors. In the previous episode, we unravelled the jungle and highlighted a few animals and their behaviour. Now, we are untangling others from the world of bourse… Rapid Rabbits Known for impulsive behaviour, scalpers and intraday traders are the picture-perfect examples of nimble rabbits. Quite averse to overnight risk and aiming at instant profit, rabbits (traders, not investors) avoid holding a position even for…
In 2023, road accidents in India claimed almost 1.73 lakh lives and left 4.63 lakh injured, as per according to data shared by States with the Union government. You might think, “I don’t drive, so I’m safe,” or “I’m a careful driver; accidents won’t happen to me.” But recent tragedies like the Jaipur-Ajmer highway fire or the Odisha train disaster remind us how little control we have over such situations.While road accidents are widely reported and brought out in the public eye, other incidents are just as disruptive. Home accidents, for instance, are a significant concern, with falls constituting about 30%…
A file image of the Maharashtra Legislative Assembly building is covered with scaffolding for renovation | Photo Credit: The Hindu The Budget Session of the Maharashtra legislature will be held from March 3 to March 26 in Mumbai. The State Budget for the fiscal 2025-26 will be presented in both Houses of the legislature on March 10. The session-related work was discussed at a meeting of the advisory committee of the Legislative Assembly and Legislative Council at Vidhan Bhavan in Mumbai on Sunday (February 23, 3035).During the Budget Session, the Legislative Assembly will function on Saturday, March 8, which is…