New IIP series to cover rare earths, gas supply; RE to get separate index
India will launch an updated Index of Industrial Production on June 1 It will offer more detailed tracking of industrial activity.
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PSU closure: Govt sets in motion new move after years wasted in stop-start process
The Centre is pushing ministries to accelerate the closure of unprofitable state-owned companies. Progress has been slow despite a policy approved eight years ago. Only one company has effectively ceased operations. The government aims to expedite these closures, addressing concerns…
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President Murmu confers Padma awards; veteran banker Uday Kotak, actor Dharmendra, violinist Rajam among top honourees
President Droupadi Murmu presented India’s top civilian honours. Violinist N. Rajam received the Padma Vibhushan for her classical music contributions. Former Governor Bhagat Singh Koshyari and banker Uday Kotak were awarded the Padma Bhushan. Actor Dharmendra was posthumously honoured with…
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Sebi moves to standardise options strike price norms
The Securities and Exchange Board of India (Sebi) has proposed a standardized framework for options strike prices across exchanges to address intraday volatility. This move aims to ensure the availability of contracts around prevailing market prices, enhancing trading continuity and…
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The three Fs that Sitharaman flagged as India braces for a widening global oil shock, forex strain
In light of increasing global unrest from the West Asia crisis and fluctuations in the energy sector, Finance Minister Nirmala Sitharaman is advocating for a concentrated approach to managing fuel, fertiliser, and foreign exchange resources. Prime Minister Modi’s recent appeals…
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India Inc lets in furry friends to tackle work worries
Across corporate India, office soundscapes are subtly changing. Alongside keyboards, coffee machines and meeting-room chatter, there is now the occasional patter of paws, a tail thumping under a desk, or a pet quietly settling into a corner during a call.
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