Economy & Policy News
Need competition among states to attract investors, says PM Modi
The PM called for steps to be taken to promote ease of living on a mission mode to ensure that common people have access to an affordable, dignified lifestyle and basic amenities
 "Need competition among states to attract investors, says PM Modi")
Statsguru: FPI investments rise on India's strong growth outlook, IPO boom
Net investments by FPIs reached a five-quarter high, with a net inflow of over $11 billion as of September 26 in the July-September quarter (Q3) of calendar year (CY) 2024
 "Statsguru: FPI investments rise on India's strong growth outlook, IPO boom")
Paras Defence locked in 5% upper circuit after arm bags order of Rs 305 cr
The uptick in the share price came after the company announced that its associate company, Controp-Paras Technologies Private Limited, has secured an order worth Rs 305 crore from L&T.
 "Paras Defence locked in 5% upper circuit after arm bags order of Rs 305 cr")
HP Victus Special Edition laptops launched with NVIDIA GPUs: Price, offers
Priced at Rs 65,999 onwards, HP Victus Special Edition laptops are now available in India at HP World Stores, HP Online stores and select multi brand outlets
Buzzing stocks: Ambuja Cements, Satin Creditcare, AllcargoGati, Sun Pharma
Stocks to watch on June 25: Ambuja Cements Ltd. has secured 24 bids for new limestone mines, adding an estimated total resource of 587 million tonnes
 "Buzzing stocks: Ambuja Cements, Satin Creditcare, AllcargoGati, Sun Pharma")
Centre expected to issue Rs 23,764-crore sovereign green bonds in FY24
The Ministry of New and Renewable Energy will get Rs 7,507.5 crore for its various schemes
 "Centre expected to issue Rs 23,764-crore sovereign green bonds in FY24")
Sebi issues guidelines to streamline operations of credit rating agencies
The circular introduces specific timelines for dealing with appeals made by companies regarding rating actions carried out during periodic surveillance of ratings
 "Sebi issues guidelines to streamline operations of credit rating agencies")
Credit growth expected to improve aided by govt's push on public spending
Bank credit offtake is expected to pick up following normalisation of economic activities aided by the government thrust on public expenditure in current fiscal year, a report said.
 "Credit growth expected to improve aided by govt's push on public spending")
India expects surge in solar cell output, says will curb imports from China
India inclusion in JP Morgan Bond Index: The inclusion process will begin on June 28, 2024 and will be completed over a period of 10 months, till March 2025
 "India expects surge in solar cell output, says will curb imports from China")
Explained: India inclusion in JP Morgan EM Bond index, market impact & more
India inclusion in JP Morgan Bond Index: The inclusion process will begin on June 28, 2024 and will be completed over a period of 10 months, till March 2025
 "Explained: India inclusion in JP Morgan EM Bond index, market impact & more")
Alkem Labs slumps 7% post Q4 show; brokerages see downside up to 15%
On Wednesday, Alkem Laboratories reported a 313.9 per cent surge in its consolidated net profit, reaching Rs 293.5 crore in the quarter ending March 31, 2024
 "Alkem Labs slumps 7% post Q4 show; brokerages see downside up to 15%")
Why Hyundai is again eyeing IPO in India, 25 years after its failed attempt
Hyundai needs the money especially for EVs but it could have sold equity in the South Korean parent company, which is much bigger and already listed
 "Why Hyundai is again eyeing IPO in India, 25 years after its failed attempt")
Uber to offer Seine river cruises, day trips in Paris during Olympics rush
Uber also plans to make a significant investment in driver incentives and discounts for riders
 "Uber to offer Seine river cruises, day trips in Paris during Olympics rush")
Agniveer scheme, seeks review
one from the NDA and the other from the INDIA bloc, have criticised the Agnipath Scheme
 "Agniveer scheme, seeks review")
After SP, even BJP ally JD(U) takes aim at Agniveer scheme, seeks review
Two key leaders, one from the NDA and the other from the INDIA bloc, have criticised the Agnipath Scheme
BJP ally JD(U) takes aim at Agniveer scheme, seeks review
NDA and the other from the INDIA bloc, have criticised the Agnipath Scheme
India's economy boosts jobs, mainly for unskilled and semi-skilled workers
It is not really a case of jobless growth, just that job creation is more for the low-skilled
 "India's economy boosts jobs, mainly for unskilled and semi-skilled workers")
Term insurance test and getting into movies: Top personal finance stories
This week we explain how self-employed people can get term insurance and how train for a career in showbiz
India's economy boosts jobs, but for unskilled and semi-skilled workers
It is not really a case of jobless growth, just that job creation is more for the low-skilled
 "India's economy boosts jobs, but for unskilled and semi-skilled workers")
Vodafone Idea to launch country's largest $2.16 bn follow-on public offer
The public offering will open for bids on April 18 and close on April 22
 "Vodafone Idea to launch country's largest $2.16 bn follow-on public offer")
