Nayara Energy, backed by Rosneft, plans to invest significantly in downstream projects. The company criticizes the EU sanctions as unjust and harmful to India. Nayara Energy operates a large refinery in Gujarat and has a vast network of petrol pumps.…
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India’s debt accumulation slowed relative to GDP growth between FY21 and FY23, signaling positive debt sustainability, according to the Comptroller and Auditor General (CAG). The Centre’s debt-to-GDP ratio, which peaked in FY21 due to the pandemic, eased to 57.93% in…
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“Third-party products and services, including those of promoter groups or bank group entities, shall not be displayed on banks’ digital banking channels except as specifically permitted by the Reserve Bank from time to time,” the RBI stated in its draft…
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Several major companies, including Reliance, Adani, and Mahindra, are eager to collaborate with the skill development ministry on the National Scheme for ITI Upgradation, a ₹60,000-crore initiative. These companies have expressed interest in establishing “hub and spoke ITIs” across various…
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The Apple vendor said production hasn’t been disrupted. It had begun making AirPods at the India plant in April last year, as part of Apple’s broader strategy to diversify manufacturing from China. The earbuds contain neodymium and dysprosium, among other…
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Jagdeep Dhankhar resigned as Vice President of India. He cited medical advice as the reason. His resignation is effective immediately. Dhankhar served as the 14th Vice President since August 2022. His tenure saw clashes with the Opposition. He is the…
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