Today's Headlines from:
Economic Times
Banks' NPAs at record lows as recoveries up
Unemployment rate declined to the lowest level of 3.1% in 2023, from 3.6% in 2022: Govt data
Park Hotels Q3 Results: Cons PAT soars 46% YoY to Rs 27.4 crore, sales up 14%
Sugar output marginally declines to 25.53 MT so far in this marketing year: ISMA
NARCL offers to buy debt of three more bankrupt companies
Govt launches mission to boost oilseeds' production, cut imports of cooking oils
India’s growth forecast revised upward to 6.8% in 2024 and 6.4% in 2025: Moody’s
Tata Motors to split into 2 listed companies
Peak power demand estimated to rise 7% to 260 GW this summer
Indonesian startup Wagely raises $23 million in equity-debt mix
IIM Sambalpur, Apna.co enters R&D tie-up to support startup ecosystem
Business Standard
RBI bars IIFL Finance from sanctioning and disbursing gold loans
Godrej plans stake sale in food JV; in talks with potential investors
Average daily domestic traffic jumps by 3.78% in February, shows data
Fincare Small Finance Bank merger with AU SFB gets RBI approval
Ananya Birla's Svatantra to get Rs 1,930 cr capital from Advent, Multiples
IBM expands Expert Labs in India to guide clients on emerging tech adoption
Biocon Biologics gets green light to launch Yesafili biosimilar in Canada
Cadila Pharma launches quadrivalent influenza vaccine 'Cadiflu Tetra'
India bargaining hard with EFTA countries for creation of 1 million jobs
FM Sitharaman calls for clarity on GST classification-related issues
Trading turnover logs fresh high in February, rises 2 times in a year
Indian consumer sentiment dips to a four-month low, shows data
SBI seeks time until June 30 to share electoral bonds information
Govt's AI advisory only for large platforms, not for startups: MeitY
Interoperability of internet banking system in 2024: RBI's Shaktikanta Das
Financial Express
7-Eleven reaches 50-store mark in India, eyes aggressive expansion
Swan LNG pre-pays loan of Rs 2,206 crore
Three entities settle disclosure violation case with Sebi; pay Rs 10 lakh
Vipul Organics bags Rs 7.15 cr worth order from TNPL for supply of pigment dye
Rays Power Infra bags 3 solar projects of 520MWp
Adani Ports records 33% YoY jump in February 2024 cargo volumes at 35.4 MMT
India allows export of 30,000 tonnes of non-basmati white rice to Tanzania
India permits 64,400 tonnes of onion exports to UAE, Bangladesh
Ceigall India files IPO papers with Sebi; eyes Rs 618 cr via fresh issue
Fairfax-backed Go Digit gets Sebi’s nod to launch IPO
Mint
Income Tax Department to send notice to taxpayers for ITR mismatch
India launches Chakshu—a platform for reporting fraud calls and texts
India in talks with Venezuela, Guyana for crude oil amid OPEC+ production cuts
J.G. Chemicals IPO: Zinc oxide maker raises ₹75.35 crore from anchor investors
Apple hit with near $2 billion fine in Europe over music-streaming apps.
Economic Times
Banks' NPAs at record lows as recoveries up Unemployment rate declined to the lowest level of 3.1% in 2023, from 3.6% in 2022: Govt data Park Hotels Q3 Results: Cons PAT soars 46% YoY to Rs 27.4 crore, sales up 14% Sugar output marginally declines to 25.53 MT so far in this marketing year: ISMA NARCL offers to buy debt of three more bankrupt companies Govt launches mission to boost oilseeds' production, cut imports of cooking oils India’s growth forecast revised upward to 6.8% in 2024 and 6.4% in 2025: Moody’s Tata Motors to split into 2 listed companies Peak power demand estimated to rise 7% to 260 GW this summer Indonesian startup Wagely raises $23 million in equity-debt mix IIM Sambalpur, Apna.co enters R&D tie-up to support startup ecosystemBusiness Standard
RBI bars IIFL Finance from sanctioning and disbursing gold loans Godrej plans stake sale in food JV; in talks with potential investors Average daily domestic traffic jumps by 3.78% in February, shows data Fincare Small Finance Bank merger with AU SFB gets RBI approval Ananya Birla's Svatantra to get Rs 1,930 cr capital from Advent, Multiples IBM expands Expert Labs in India to guide clients on emerging tech adoption Biocon Biologics gets green light to launch Yesafili biosimilar in Canada Cadila Pharma launches quadrivalent influenza vaccine 'Cadiflu Tetra' India bargaining hard with EFTA countries for creation of 1 million jobs FM Sitharaman calls for clarity on GST classification-related issues Trading turnover logs fresh high in February, rises 2 times in a year Indian consumer sentiment dips to a four-month low, shows data SBI seeks time until June 30 to share electoral bonds information Govt's AI advisory only for large platforms, not for startups: MeitY Interoperability of internet banking system in 2024: RBI's Shaktikanta DasFinancial Express
7-Eleven reaches 50-store mark in India, eyes aggressive expansion Swan LNG pre-pays loan of Rs 2,206 crore Three entities settle disclosure violation case with Sebi; pay Rs 10 lakh Vipul Organics bags Rs 7.15 cr worth order from TNPL for supply of pigment dye Rays Power Infra bags 3 solar projects of 520MWp Adani Ports records 33% YoY jump in February 2024 cargo volumes at 35.4 MMT India allows export of 30,000 tonnes of non-basmati white rice to Tanzania India permits 64,400 tonnes of onion exports to UAE, Bangladesh Ceigall India files IPO papers with Sebi; eyes Rs 618 cr via fresh issue Fairfax-backed Go Digit gets Sebi’s nod to launch IPOMint
Income Tax Department to send notice to taxpayers for ITR mismatch India launches Chakshu—a platform for reporting fraud calls and texts India in talks with Venezuela, Guyana for crude oil amid OPEC+ production cuts J.G. Chemicals IPO: Zinc oxide maker raises ₹75.35 crore from anchor investors Apple hit with near $2 billion fine in Europe over music-streaming apps.