Economy of India

business-standard.com/companies/news/spice-board-of-india-tells-everest-mdh-to-give-details-of-quality-checks-124042300485_1.html

12h

Spice Board of India tells Everest, MDH to give details of quality checks: The companies' products are hugely popular in India and are exported to countries in ...

Quick Glance: FSSAI Testing Spice Samples After Hong Kong, Singapore Product Recalls

Following the discovery of ethylene oxide in products from Everest and MDH in Hong Kong and Singapore, the Food Safety and Standards Authority of India has initiated the collection of samples of powdered spices from all brands across the country to assess their quality.

An unidentified official mentioned that India's food safety regulator has commenced sampling spices from all brands, including MDH and Everest, to ensure compliance with quality standards.

The official also highlighted that India's Food Safety and Standards Authority, operating under the Ministry of Health and Family Welfare, does not monitor the quality of spices exported from the country.

According to Maharashtra Food Assistant Commissioner Ulhas Ingwale, the authority received reports of pesticide residue in specific flavors of MDH and Everest, prompting considerations for sampling and pesticide testing.

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33m

'Asoka' makeup trend on TikTok inspired by 2000s Bollywood movie: A 2001 Bollywood movie starring Shah Rukh Khan and Kareena Kapoor Khan is resurfacing this week ...

nbcnews.com/news/asian-america/asoka-makeup-trend-tiktok-2000s-bollywood-movie-rcna149048

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10h

Govt plans to boost exports of 20 'high-potential' agricultural products: India agricultural exports boost: India's share is about 2.5 per cent in global exports ...

business-standard.com/economy/news/govt-plans-to-boost-exports-of-20-high-potential-agricultural-products-124042300928_1.html

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9h

Mega Airline Alliance: Air India enters into codeshare partnership with Japanese airline All Nippon Airways

financialexpress.com/business/airlines-aviation-mega-airline-alliance-air-india-enters-into-codeshare-partnership-with-japanese-airline-all-nippon-airways-3465452/

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10h

No change in leadership for Dawoodi Bohra community: The dispute explained: Dawoodi Bohra leadership dispute: Bombay High Court dismisses a suit challenging ...

business-standard.com/india-news/no-change-in-leadership-for-dawoodi-bohra-community-the-dispute-explained-124042300891_1.html

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11h

India's positive demand trends fuel flash composite PMI to 62.2 in April: The index measuring the month-on-month change in the combined output of India's ...

business-standard.com/economy/news/india-s-positive-demand-trends-fuel-flash-composite-pmi-to-62-2-in-april-124042300798_1.html

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20h

Indian shares set to track global markets higher; Reliance, Adani in focus: Indian shares are set to open higher on Tuesday, tracking a rebound in global markets ...

reuters.com/world/india/indian-shares-set-track-global-markets-higher-reliance-adani-focus-2024-04-23/

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Outward remittances hit new high at $29 billion in April 2023-February 2024: India's Outward Remittances: In February 2024, the outward remittances stood at $2 ...

business-standard.com/economy/news/outward-remittances-hit-new-high-at-29-billion-in-april-2023-february-2024-124042300973_1.html

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18h

India's April business growth at near 14-year high, PMIs show: India's business activity expanded at its fastest pace in nearly 14 years this month thanks to ...

reuters.com/world/india/indias-april-business-growth-near-14-year-high-pmis-show-2024-04-23/

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Narendra Modi: India's prime minister eyeing a historic third term: Narendra Modi is a polarising politician who became India's most powerful leader in decades.

bbc.com/news/world-asia-india-20001001

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21h

Vodafone’s India unit staves off collapse after record $2.2bn fundraising: Country’s largest share sale draws investors including GQG Partners and Fidelity

ft.com/content/be396f5f-8ae3-4717-b42b-73385afdce91

Quick Glance: Vodafone’s Survival in India Secured by Record Fundraising

Vodafone's Indian business raised $2.2 billion through an equity issue to avoid collapsing under a debt burden.

Investors like GQG Partners and Fidelity participated in India's largest ever follow-on share sale.

The 2018 merger failed to turn the business around, but with government support and new equity, a potential rescue is on the horizon.

Despite planning to raise about Rs450 billion in equity and debt, doubts persist over whether this will be sufficient to secure the company's future.

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15h

Delhi's Rouse Avenue Court extends Judicial Custody till May 7 of Delhi CM Arvind Kejriwal and BRS Leader K Kavitha and Chanpreet Singh in ED case related to ... Show more #ArvindKejriwal #kavitha #ChanpreetSingh #ED #ExcisePolicyCase #aap

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4h

From Microsoft’s new economy-class AI offering to Bollywood deepfakes causing alarm in India's elections, this is the AI Weekly

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#MarketsWithBS | JNK India IPO details The Rs 649.5-crore #IPO was off to a slow start with 18% subscription, mainly by retail investors, till 1:30 PM on Tuesday ... Show more www.business-standard.com/markets/ipo/jnk-india-ipo-subscription-status-gmp-valuation-should-you-apply-124042300481_1.html @nikita_vashisht #sharemarket #StockMarket

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20h

Rupee recovery likely to be challenged by importers, Fed view: The Indian rupee is expected to open little changed on Tuesday on expectations that importers will ...

reuters.com/markets/currencies/rupee-recovery-likely-be-challenged-by-importers-fed-view-2024-04-23/

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8h

Indian court extends pre-trial detention of opposition leader Kejriwal: A Delhi court on Tuesday extended the pre-trial detention of Indian opposition leader ...

reuters.com/world/india/indian-court-extends-pre-trial-detention-opposition-leader-kejriwal-until-may-7-2024-04-23/

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14h

Anant Ambani and Radhika Merchant's wedding details have been revealed! Here are the details: www.indiatimes.com/entertainment/celebs/anant-ambani-radhika-merchants-wedding-details-revealed-sangeet-in-abu-dhabi-shaadi-in-london-632863.html

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5h

ICICI Pru Life Q4 results: Net profit drops 26% to Rs 173.76 crore: ICICI Pru Life Q4 FY24 Results: The management said that the change in commission structure ...

business-standard.com/companies/results/icici-pru-life-q4-results-net-profit-drops-26-to-rs-173-76-crore-124042301216_1.html

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13h

Skill shortage, tariffs, red tape deter chip makers' entry in India: Taiwan: India chip manufacturing challenges: Taiwan's Foreign Minister suggested that India ...

business-standard.com/industry/news/skill-shortage-tariffs-red-tape-deter-chip-makers-entry-in-india-taiwan-124042300638_1.html

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22h

RIL Q4 results RIL reported a 1.8% YoY decline in its consolidated net profit for #Q4FY24 because of higher tax expenses. At Rs 18,951 cr, the net profit ... Show more #RIL #MukeshAmbani #Q4Results www.business-standard.com/companies/results/ril-s-q4fy24-results-net-profit-declines-1-8-misses-street-expectations-124042201138_1.html

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17h

Aramco's VC arm building an India team to bet on early-stage opportunities: Prosperity7 Ventures, Saudi Aramco's venture capital arm, manages over $3 billion in ...

business-standard.com/companies/news/aramco-s-vc-arm-building-an-india-team-to-bet-on-early-stage-opportunities-124042300174_1.html

reuters.com/world/india/indias-paytm-payments-bank-board-is-independent-paytm-ceo-sharma-says-2024-04-22/

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BBC News

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17h

Watch: A rare bird species, Blyth's Tragopan (Tragopan blythii), was recently spotted in the Phawngpui National Park in India’s north-eastern state of Mizoram ... Show more

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21h

India's Paytm Payments Bank board is independent, Paytm CEO Sharma says: The board of India's Paytm Payments Bank is independent and capable of addressing ...

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From 2019 | In August 2008 Ratan Tata abandoned the idea of building this low-cost car in Singur, in West Bengal, when the peasants’ protest was backed by ... Show more scroll.in/article/907850/how-narendra-modi-brought-industrialists-to-gujarat-and-cut-many-corners-in-the-process #VibrantGujarat #NarendraModi #Indianpolitics #projectelectoralbond

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9h

Sify Technologies Q4 results: Profit of Rs 3.8 cr, yearly profit declines: Integrated ICT solutions and services provider Sify Technologies has reported Rs 38 ...

business-standard.com/companies/results/sify-technologies-q4-results-profit-of-rs-3-8-cr-yearly-profit-declines-124042300796_1.html

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19h

#Take2WithBS | Luxury of aspiration As aspirational consumers get their hands on ‘affordable luxury’, the not-soaffordable luxury is not lagging behind ... Show more

2

9h

India's Modi calls rivals pro-Muslim as election campaign changes tack: Indian Prime Minister Narendra Modi and his Hindu nationalist party have begun attacking ...

reuters.com/world/india/indias-modi-calls-rivals-pro-muslim-election-campaign-changes-tack-2024-04-23/

Quick Glance: India's Modi Attacks Pro-Muslim Rivals in Election Shift

Indian Prime Minister Narendra Modi and his Hindu nationalist party have begun attacking opposition rivals, claiming they favor minority Muslims, in an effort to energize their hardline base after the start of general elections last week.

Modi referred to Muslims as 'infiltrators' who have 'more children', linking it to an alleged election plan by the main opposition Congress party to redistribute Hindu wealth among Muslims, a claim denied by the Congress.

Modi's government has faced accusations of discrimination against India's 200 million Muslims, but has denied them, emphasizing its work for the welfare of all citizens.

Modi initially focused on development, welfare, and national pride in his campaign, but shifted focus back to core voters after the first phase, addressing issues of joblessness and rural distress.

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12h

New rules for getting driving licence, training: Here is what has changed: Driving licence new rules 2024: The regulations will come into effect from June 1 ...

business-standard.com/finance/personal-finance/new-rules-for-getting-driving-licence-training-here-is-what-has-changed-124042300688_1.html

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22h

Good morning! Take a look at today's Business Standard front page. Read the stories on

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business-standard.com/finance/personal-finance/how-indians-can-now-get-the-five-year-multi-entry-schengen-visa-124042201164_1.html

20h

Explained: How Indians can now get five-year, multi-entry Schengen visa: Schengen Visa 'cascade' regime: After successfully utilising the two-year visa ...

1

Apr 22

Mukesh Ambani’s Reliance Misses Profit Estimate on Petrochemicals Drag: Reliance Industries Ltd., led by billionaire Mukesh Ambani, posted a lower-than-expected ...

bloomberg.com/news/articles/2024-04-22/ambani-s-reliance-misses-profit-estimate-on-petrochemicals-drag

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16h

India tells spice makers to verify quality after Hong Kong allegations: India's spice exports regulator has asked MDH and Everest to provide details of quality ...

reuters.com/world/india/indias-everest-says-its-food-products-are-safe-after-hong-kong-halts-sale-2024-04-23/

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Apr 22

India's Congress seeks action against Modi for comments about Muslims: India's main opposition Congress party petitioned the Election Commission on Monday to act ...

reuters.com/world/india/indias-congress-seeks-action-against-modi-comments-about-muslims-2024-04-22/

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Apr 22

Express bankruptcy: Full list of mall brand’s 95 stores marked for closure: The clothing retailer is shuttering stores in New York, California ...

fastcompany.com/91110749/express-files-for-bankruptcy-closes-95-store-locations-full-list

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7h

India's Tata Elxsi misses Q4 profit estimates as media vertical blips: Indian engineering and technology services firm Tata Elxsi reported a ...

reuters.com/technology/indias-tata-elxsi-misses-q4-profit-estimates-media-vertical-blips-2024-04-23/

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19h

The Supreme Court has facilitated the release of drought relief funds for Karnataka. The Centre confirmed that the Election Commission has given clearance to ... Show more #SupremeCourt #DroughtRelief #Karnataka

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12h

Genpact launches artificial intelligence innovation centre in Gurugram: Genpact AI Innovation Center: 'The centre will be a launchpad for innovation ...

business-standard.com/companies/news/genpact-launches-artificial-intelligence-innovation-centre-in-gurugram-124042300769_1.html

Quick Glance: Genpact launches Innovation Centre in Gurugram to Support AI-First Approach

The Genpact AI Innovation Center serves as a launch pad for innovation, enabling talent to develop holistic, AI-focused growth-oriented solutions for Genpact's global clients.

The AI Innovation Centre offers the business process and technology services company and its clients a dedicated space to explore ways to reinvent their businesses with new ideas, capabilities, and solutions.

India is launching a $1.2 billion programme to promote capacity building and AI literacy, establish research centres, and set up legal frameworks for the responsible use of the technology.

Debjani Ghosh, President of Nasscom, emphasizes that with the inauguration of Genpact's AI Innovation Centre, India is taking a significant stride towards a vision to cultivate world-class talent and R&D capabilities. This not only showcases India's technology industry commitment to becoming a global leader in AI but also its potential to innovate and contribute to the global AI ecosystem.

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Apr 22

The Uttar Pradesh Madhyamik Shiksha Parishad recently announced the results for classes 10 and 12. Soon after the results were declared ... Show more elpx.short.gy/xVqdp6

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17h

Raveendran secures pvt debt to pay March salaries of employees at Byju's: Byju's: The development comes ahead of the April 23 hearing at NCLT and company may ...

business-standard.com/companies/news/raveendran-takes-private-debt-to-help-byju-s-pay-partial-salary-for-march-124042201025_1.html

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business-standard.com/india-news/nearly-66-000-indians-took-oath-of-american-citizenship-in-2022-crs-report-124042200050_1.html

18h

Nearly 66,000 Indians took oath of American citizenship in 2022: CRS report: As many as 65,960 Indians officially became US citizens, making India the ...

3 similar articles

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Reuters

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Apr 22

Vodafone Idea fetches bids worth $10.6 bln in India's largest-ever follow-on share sale

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7h

IIFL Finance's cenbank-directed audit starts after March gold loan ban: IIFL Finance said a special audit directed by the Reserve Bank of India (RBI) started on ...

reuters.com/world/india/iifl-finances-cenbank-directed-audit-starts-after-march-gold-loan-ban-2024-04-23/

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Apr 22

India's IndusInd Bank pilots cenbank's e-rupee payments program with farmers

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Apr 22

RIL Q4FY24 preview: Top metrics that analysts will watch out for today: Reliance Industries Q4 result: As of 12:10 pm, the shares were trading 0 ...

business-standard.com/markets/news/ril-q4fy24-preview-top-metrics-that-analysts-will-watch-out-for-today-124042200336_1.html

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Apr 22

India's Reliance Jio says Q4 profit rises 13.2%: India's Reliance Jio Infocomm, the telecom business of Reliance Industries , reported a 13 ...

reuters.com/world/india/indias-reliance-jio-says-q4-profit-rises-132-2024-04-22/

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Net FDI in India dips to $14.55 billion in April 2023-Februray 2024: FDI in India: In the same period last year (April 2022-February 2023), FDI inflows were at ...

business-standard.com/economy/news/net-fdi-in-india-dips-to-14-55-billion-in-april-2023-februray-2024-124042300883_1.html

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2h

Jon Stewart Is Right About the Dangers of AI: Labor displacement is a major concern about AI that the world needs to talk seriously about.

time.com/6970109/dangers-ai-labor-displacement/

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15h

Indian Railways’ Summer Rush: Over 41 crore passengers travelled by train in April, officials highlight strain on services

financialexpress.com/business/railways-indian-railways-summer-rush-over-41-crore-passengers-travelled-by-train-in-april-officials-highlight-strain-on-services-3465335/

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Apr 22

Zomato raises its platform fee for food delivery customers by 25%, now charging Rs 5 per order as of April 20. For more ... Show more twitter.com/hashtag/OnlineFoodOrder #Zomato #FoodDelivery #ZomatoDelivery #OnlineFoodOrder

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21h

#StocksToWatch | Here are top stocks that could be in focus today! Read here: www.livemint.com/market/stock-market-news/stocks-to-watch-ril-adani-group-hdfc-bank-tata-consumer-mahindra-logistics-11713839208624.html

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6h

Apple has sought to boost its presence in India both in terms of physical stores and iPhone manufacturing. But can India become Apple's next China? 🎧 CNBC ... Show more

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SBI Card introduces inaugural travel-centric core credit card 'MILES': The card promises comprehensive travel benefits, including the conversion of Travel ...

business-standard.com/companies/news/sbi-card-introduces-inaugural-travel-centric-core-credit-card-miles-124042301214_1.html

business-standard.com/finance/personal-finance/rbi-holidays-calendar-2024-and-hanuman-jayanti-are-banks-shut-today-124042300440_1.html

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ANI News

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6h

Very confident about BJP across the country: Kangana Ranaut in Pali#KanganaRanaut #pmmodi #loksabhaelection2024

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RBI holidays calendar 2024 and Hanuman Jayanti: Are banks shut today?: RBI holidays calendar 2024: In April, banks closed for 12 days for public and regional ...

economist.com/the-economist-reads/2024/04/22/what-to-read-about-indias-economy

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The Economist

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What to read about India’s economy: Can it emulate China’s past manufacturing success—and should it even try?

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Paytm finishes merchant migration to new UPI ids: Here's how to activate it: Paytm is now enabled to offer UPI services through partners such as Axis Bank ...

business-standard.com/finance/personal-finance/paytm-finishes-merchant-migration-to-new-upi-ids-here-s-how-to-activate-it-124042300442_1.html

reuters.com/world/india/indias-tata-consumer-posts-higher-q4-profit-before-one-time-charge-steady-local-2024-04-23/

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Deccan Chronicle

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Calcutta HC cancels appointment of 25,753 education department employees over corruption allegations. Mamata Banerjee terms the judgment illegal ... Show more #WestBengal #CalcuttaHC #MamataBanerjee #EducationDepartment

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India's Tata Consumer posts higher Q4 profit before one-time charge on steady local demand

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10h

On April 22, Air India staff at Mumbai airport waved goodbye to one of their last 'Queen of the Skies', the iconic Boeing 747 aircraft ... Show more #WATCH www.youtube.com/watch?v=https://twitter.com/hashtag/QueenOfSkies #AirIndia #Boeing747 #QueenOfSkies

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#Opinion | Digital infra: Pushing chips hard Despite #India 's growing contribution to end-user demand, the country remains a passive consumer ... Show more #supplychain @Infra_VinayakCh #semiconductor

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business-standard.com/companies/news/air-india-staff-bids-adieu-to-one-of-its-last-boeing-747s-from-mumbai-124042201110_1.html

Apr 22

Air India staff bids adieu to one of its last Boeing 747s from Mumbai: On Monday morning, Air India staff at the city airport waved goodbye to one of their last ...

3 similar articles

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Newslaundry 22h

PM Modi referred to Muslims as those with “more children” and “infiltrators”. But is 'population jihad' fact or fiction? In their recent book, @SreenivasanJain , @sharmasupriya ... Show more @MariyamAlavi www.amazon.in/Love-Jihad-Other-Fictions-Falsehoods/dp/8119635590

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Extreme weather conditions may pose risk to inflation, says RBI Bulletin: Extreme weather conditions may pose a risk to inflation, along with prolonged ...

business-standard.com/economy/news/extreme-weather-conditions-may-pose-risk-to-inflation-says-rbi-bulletin-124042300695_1.html

0

Bloomberg

bloomberg.com/news/articles/2024-04-22/mufg-said-to-weigh-sweeter-hdbf-offer-as-it-eyes-say-in-strategy

Apr 22

MUFG Said to Weigh Sweeter HDBF Offer as It Eyes Say in Strategy: Mitsubishi UFJ Financial Group Inc. is considering sweetening its $1.7 billion offer for a ...

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Apr 22

Indian refiners may need a rethink amid shrinking Russian crude discounts: Even after reduction, discounts on Russian crude oil may be contributing $1.5 to $2 ...

business-standard.com/economy/news/indian-refiners-may-need-a-rethink-amid-shrinking-russian-crude-discounts-124042100384_1.html

1 similar article

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business-standard.com/opinion/columns/things-we-may-not-know-about-bank-wage-settlement-124042100347_1.html

Apr 22

Five-day week not there yet, but bank wage settlement has a lot for bankers: While the wait for a five-day week gets longer, the most interesting developments ...

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13h

India saw highest Q1 office leasing in 5 years this year: Savills India: India office leasing Q1 2024: In Bengaluru, engineering & manufacturing sector leads the ...

business-standard.com/industry/news/india-saw-highest-q1-office-leasing-in-5-years-this-year-savills-india-124042300565_1.html

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business-standard.com/markets/news/india-vix-index-sharply-slumps-20-the-biggest-drop-in-five-years-124042301001_1.html

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Volatility index India Vix records steepest slump in nearly 5 years: India Vix crash: Poll expectations, easing of global tensions likely causes

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financialexpress.com/business/railways-southern-railway-begins-special-trains-on-tirunelveli-chennai-egmoreroute-to-ease-out-rush-detailsinside-3464871/

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#Opinion | A fascinating chart India's strength amidst global uncertainty is unmistakable: self-sufficiency in food, favorable demographics ... Show more

2 similar articles

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Financialexpress

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Southern Railway begins special trains on Tirunelveli-Chennai Egmore route to ease out rush – Details inside

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Apr 22

Paytm unveils Made-in-India soundboxes for UPI, credit card on UPI payments: Paytm on Monday launched two Made-in-India soundboxes for UPI and credit card on UPI ...

business-standard.com/companies/news/paytm-unveils-made-in-india-soundboxes-for-upi-credit-card-on-upi-payments-124042200756_1.html

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16h

BSE Smallcap index nears record high; 17 stocks freeze at upper circuit: BSE SmallCap index today: The SmallcCap index hit a high of 46,426.72 in the intraday ...

business-standard.com/markets/news/bse-smallcap-index-nears-record-high-17-stocks-freeze-at-upper-circuits-124042300349_1.html

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20h

#MarketsWithMint | #Sensex , #Nifty marginally up at open; M&M, SBI gain Track all market updates here: www.livemint.com/market/market-stats/

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13h

Reliance wins govt approval for investment to raise KG-D6 block's output: Reliance Industries Ltd has got government approval for making additional investments ...

business-standard.com/companies/news/reliance-wins-govt-approval-for-investment-to-raise-kg-d6-block-s-output-124042300607_1.html