Business Featured Latest News

India’s defence research budget not sufficient to make it a global power: Parliamentary panel

Unique Times December 21, 2023 0

A parliamentary panel examining India’s defense budget has underscored concerns over its inadequacy for the country’s aspirations to attain global leadership. According to a report by ET, the committee proposes a doubling of the defense research budget in the forthcoming years. Continue Reading

Business Featured Latest News

Ford abandons plan to sell Tamil Nadu plant to Sajjan Jindal-led JSW

Unique Times December 20, 2023 0

In September 2021, Ford Motor Co announced its withdrawal from the Indian market, including plans to sell its sole manufacturing facility in Tamil Nadu. Recent reports suggest that Ford has now abandoned the sale of the Chennai plant, sparking speculation about a potential re-entry into the Indian market. A Ford spokesperson mentioned that the company […]Continue Reading

Business Featured Latest News

IMF sees India’s economy grow at 6.3% in current fiscal year

Unique Times December 19, 2023 0

The International Monetary Fund (IMF) has forecasted a 6.3% growth for India’s economy in the current fiscal year and the following one, citing support from macroeconomic and financial stability. According to the IMF’s Article IV consultation report, India’s growth will be sustained by its digital public infrastructure and a robust government Continue Reading

Business Featured Latest News

India, Oman adopt vision document to expand bilateral cooperation

Unique Times December 16, 2023 0

In a significant development in the economic collaboration between India and Oman, the announcement of the third tranche of the Oman-India Joint Investment Fund has marked a notable milestone in their trade and capital cooperation. Foreign Secretary Vinay Kwatra, during a special briefing at the Ministry of External Affairs, emphasized the significance of this achievement, Continue Reading

Business Featured Latest news

Delhi’s IGI Airport likely to be get body, CTX scanners for passengers, cabin bags by May

Unique Times December 15, 2023 0

Delhi’s Indira Gandhi International (IGI) Airport is set to become the first Indian airport to deploy full-body scanners and computer tomography X-ray (CTX) scanners, potentially installed by May 2024, according to Zulfiqar Hassan, the Director General of the Bureau of Civil Aviation Security (BCAS). These scanners, already in use at numerous global airports, aim to Continue Reading

Business Featured Latest News

Adani Group To Invest ₹ 8,700 Crore In Bihar, Will Create 10,000 Jobs

Unique Times December 14, 2023 0

The Adani Group has outlined an ambitious investment plan of ₹8,700 crore in Bihar, spanning various sectors, according to Pranav Adani, Director of Adani Enterprises. This significant investment is anticipated to generate direct and indirect employment opportunities for approximately 10,000 individuals. Speaking at the Bihar Business Connect 2023 plenary session, Adani Continue Reading

Business Featured

What Next for Gold?

Unique Times December 14, 2023 0

Article By V.P. Nandakumar, MD & CEO, Manappuram Finance Ltd Despite elevated prices, faster-than-expected economic expansion is driving domestic demand for gold For me, gold is always a subject that I keep close to my heart. And I always find it amusing to see how the gold market navigates through the various phases of an […]Continue Reading

Business Featured Latest News

SpiceJet board okays Rs 2,250 crore capital infusion

Unique Times December 13, 2023 0

SpiceJet’s Board of Directors has given the green light to a plan aimed at raising over Rs 2,250 crore in fresh capital for the airline. This capital infusion will be achieved through the issuance of equity shares to a diverse set of investors, including Financial Institutions, FIIs, HNIs, and private investors. The decision, made unanimously […]Continue Reading

Business Featured Latest News

SEBI to introduce T+0 settlement trade by March 2024 and instantaneous settlement by 2025

Unique Times November 27, 2023 0

The Securities and Exchange Board of India (SEBI) is actively developing a plan to implement same-day settlement of trades by March 2024, with an optional system for instantaneous settlement, as stated by SEBI chief Madhabi Puri. During a press conference in Mumbai following a SEBI Board meeting, Puri highlighted the shared view among market infrastructure […]Continue Reading

Business Featured Latest News

“Didn’t Give False Ads, Ready For Death Sentence If Guilty”: Patanjali

Unique Times November 23, 2023 0

Patanjali Ayurved, under the leadership of yoga teacher Ramdev, responded to the Supreme Court’s recent caution against false advertising, asserting that it does not partake in misleading claims. The company went further to state that it would willingly accept any penalty imposed by the Supreme Court, including a severe one like a “death sentence,” if Continue Reading