U.S.-based chip manufacturer Nvidia achieved a significant accomplishment when it became the first publicly traded company to surpass $4 trillion in its market value. This demonstrates how valuable Nvidia and the technology sector have become to the total U.S. stock market. A significant factor in Nvidia’s rapid ascendance is that it is increasingly becoming a […]
Nvidia Becomes First Company to Reach $4 Trillion Value Read More »
US President Donald Trump has declared a 25% tariff on imported cars and auto parts, set to kick in next week. This decision is anticipated to ripple across the globe, impacting markets in the European Union (EU), Canada, India, and China. Although Indian car manufacturers may not feel the pinch right away, those producing auto
US Imposes 25% Tariff on Imported Cars and Auto Parts Read More »
Reliance Industries Ltd (RIL), led by Mukesh Ambani, has announced that it has successfully acquired a complete 100% stake in Nauyaan Tradings Private Limited (NTPL) via its wholly owned subsidiary, Reliance Strategic Business Ventures Limited (RSBVL). The deal, which is worth just ₹1 lakh, was completed with Welspun Tradings Limited, a subsidiary of Welspun Corp
Reliance Acquires Nauyaan Tradings, Expands Shipyard Operations Read More »
India’s circular economy is expected to create over $2 trillion in market value and generate nearly 10 million jobs by 2050, as stated by Union Minister Bhupender Yadav. During his address at the 12th Regional 3R and Circular Economy Forum in Asia and the Pacific, he highlighted that this shift towards a circular economy marks
India’s Circular Economy: A $2 Trillion Market and 10 Million Jobs by 2050 Read More »
Bank of Baroda, a leading public sector bank in India, has earned the notable ISO 22301:2019 Business Continuity Management System (BCMS) certification from the British Standards Institution (BSI). This recognition emphasizes the bank’s commitment to operational resilience, business continuity planning, and risk management, ensuring that banking services remain uninterrupted even in the event of unexpected
Bank of Baroda Achieves ISO 22301:2019 Certification for Business Continuity Management Read More »
The Securities and Exchange Board of India (SEBI) has launched a centralized database portal called Bond Central to improve transparency and facilitate access to information related to corporate bonds. This initiative is designed to establish a single, reliable source of information on corporate bonds issued in India, which will be advantageous for investors and other
SEBI Launches ‘Bond Central’ – A Centralised Database for Corporate Bonds Read More »
The Union government is considering a reduction in the share of central tax revenues allocated to states, from the current 41% to at least 40%. The recommendation will be submitted to the Finance Commission of India, chaired by economist Arvind Panagariya, which is set to present its report by October 31, 2025, for implementation from fiscal year
Centre’s Proposal to Reduce States’ Share of Central Taxes from 2026 Read More »
The Government e-Marketplace (GeM) marked the sixth anniversary of the Startups, Women & Youth Advantage through eTransactions (SWAYATT) initiative at its headquarters in New Delhi on February 19, 2025. Launched on February 19, 2019, SWAYATT has focused on boosting the involvement of women-led businesses, startups, youth, and marginalized communities in public procurement. Aligned with GeM’s
SWAYATT Completes 6 Years of Digital Procurement Success Read More »
Indo-US Task Force Aims to Boost Electronics Trade to $100 Billion by 2033: In a remarkable endeavor to strengthen trade relations between India and the United States within the electronics sector, the Indian Cellular & Electronics Association (ICEA) has established a dedicated task force. This endeavour follows collaborative efforts launched following Prime Minister Narendra Modi’s
Indo-US Task Force Aims to Boost Electronics Trade to $100 Billion by 2033 Read More »
CarTrade Tech to acquire OLX India’s auto business for Rs 537 cr: Mumbai-based used cars platform CarTrade Tech Ltd will acquire online marketplace OLX India’s auto sales business for Rs 537 crore. Daily Current Affairs Quiz: July 2023 CarTrade will acquire a 100% stake in Sobek Auto India Pvt Ltd, the entity that houses OLX India’s automotive business,
CarTrade Tech to acquire OLX India’s auto business for Rs 537 cr Read More »
