Powered by: Motilal Oswal

News

NABARD emphasises on agri-fintech innovations for taking rural and agri-economy forward The National Bank for Agriculture and Rural Development (NABARD) took center stage at the Global Fintech Fest (GFF), held from September 5th to September 7th, 2023 in Mumbai. NABARD highlighted its ground-breaking work to integrate digital financial services with rural and agri-economy. During the event, NABARD participated in a series of panel discussions addressing important topics. These included the far-reaching impact of digital identity and Know Your Customer (KYC) solutions on regulati...
NABARD emphasises on agri-fintech innovations for taking rural and agri-economy forward
NABARD emphasises on agri-fintech innovations for taking rural and agri-economy forward
Source: PR Agency
9/09/2023 9:08:01 AM
Indian sugar production concerns drive local prices to 6-year high Sugar prices in India have jumped by more than 3% in a fortnight to their highest level in six years, traders and industry officials said, as limited rainfall in the country's key growing regions raised production concerns for the upcoming season. This could add to food inflation and discourage New Delhi from allowing sugar exports, supporting global prices which are near their highest in more than a decade. "Sugar mills are worried that production could fall sharply in the new...
Indian sugar production concerns drive local prices to 6-year high
Indian sugar production concerns drive local prices to 6-year high
Source: Reuters
5/09/2023 5:05:26 PM
Top Indian states` spending on social welfare set to touch 10-year high of Rs 4 lakh crore in FY24: Crisil Domestic rating agency Crisil in its latest report has said that top Indian states' spending on social welfare is set to touch a 10-year high of Rs 4 lakh crore, or 1.7 per cent of their combined Gross State Domestic Product (GSDP), in the ongoing fiscal (FY24). After analysing budgets of top 11 states, which account for over three-fourths of the aggregate GSDP, it said the growth in social welfare schemes is expected to clock a 16 per cent jump in compounded annual growth rate between 20...
Top Indian states` spending on social welfare set to touch 10-year high of Rs 4 lakh crore in FY24: Crisil
Top Indian states` spending on social welfare set to touch 10-year high of Rs 4 lakh crore in FY24: Crisil
Source: Accord Fintech
24/08/2023 12:50:52 PM
Kerala has the highest number of five-star hotels in India Kerala has achieved a milestone by securing the distinction of having the highest number of five-star hotels in the country. This was revealed in the latest data available in the National Database for Accommodation units. Kerala has surpassed states like Maharashtra, Rajasthan and Goa which are popular amongst the tourists and corporates as convenient locations. According to the rankings, Maharashtra has taken the second position with a total of 35 five-star hotels, Goa ranks third w...
Kerala has the highest number of five-star hotels in India
Kerala has the highest number of five-star hotels in India
Source: IANS
23/08/2023 12:50:17 PM
India creates 16.30 lakh new jobs in May 2023: EPFO The Retirement fund body, Employees' Provident Fund Organisation (EPFO) in its latest ‘Provisional Estimate of Net Payroll’ data report has showed that India created 1630367 new jobs in the month of May 2023 as against revised figure of 1537511 in April 2023. As per the report, the maximum jobs were created in the age bracket of 22-25 and in this bracket the top sectors which have created more fresh jobs include Expert Services; Trading-Commercial Establishments; Establishm...
India creates 16.30 lakh new jobs in May 2023: EPFO
India creates 16.30 lakh new jobs in May 2023: EPFO
Source: Accord Fintech
21/07/2023 1:52:02 PM
L&T surges as its construction arm secures order for heavy civil infrastructure business Larsen & Toubro’s (L&T) is currently trading at Rs. 2549.35, up by 59.75 points or 2.40% from its previous closing of Rs. 2489.60 on the BSE. The scrip opened at Rs. 2523.40 and has touched a high and low of Rs. 2572.80 and Rs. 2523.30 respectively. So far 54313 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2,572.80 on 21-Jul-2023 and a 52 week low of Rs. 1715.00 on 21-Jul-2022. Last one week hig...
L&T surges as its construction arm secures order for heavy civil infrastructure business
L&T surges as its construction arm secures order for heavy civil infrastructure business
Source: Accord Fintech
21/07/2023 10:50:47 AM
39 parties present in meet, NDA will win with record margin in 2024: CM Eknath Shinde There were 39 parties at the NDA meeting here on Tuesday and all their leaders expressed trust in the leadership of Prime Minister Narendra Modi, Maharashtra Chief Minister Eknath Shinde said. Shinde, who heads the Shiv Sena, said all those present at the meeting expressed their wonder at the development work done by the Modi government in the last nine years. He said that leaders of the 39 parties had assured the Prime Minister that he would return to power after the 2024 polls. He ...
39 parties present in meet, NDA will win with record margin in 2024: CM Eknath Shinde
39 parties present in meet, NDA will win with record margin in 2024: CM Eknath Shinde
Source: IANS
19/07/2023 11:07:08 AM
Operating margins of Indian cotton spinning companies likely to improve to 11.5%-12% in FY24: ICRA The rating agency ICRA in its latest report has said that the despite lower revenues, operating margins of Indian cotton spinning companies is likely to improve by 50 - 100 bps to 11.5%-12% in FY2024. The spinners are expected to benefit from the operating efficiencies arising from higher volumes, and lower logistics expenses as the blockages at the ports in various regions have started to ease, accompanied by a reduction in container freight rates. Nonetheless, profits and cash accruals of s...
Operating margins of Indian cotton spinning companies likely to improve to 11.5%-12% in FY24: ICRA
Operating margins of Indian cotton spinning companies likely to improve to 11.5%-12% in FY24: ICRA
Source: Accord Fintech
14/07/2023 11:48:08 AM
Maharashtra is highest priority for investments, British diplomat tells Chief Minister Eknath Shinde Maharashtra has enjoyed trade relations with the UK for many decades and remains its biggest investment destination in the country, British Deputy High Commissioner for western India Harjinder Kang said here on Thursday. Paying a courtesy call on Chief Minister Eknath Shinde, Kang, who was accompanied by officials John Nikel and Sachin Nakarage, said that many British companies are investing in this state and it remains the state of "highest priority" for them. “There ar...
Maharashtra is highest priority for investments, British diplomat tells Chief Minister Eknath Shinde
Maharashtra is highest priority for investments, British diplomat tells Chief Minister Eknath Shinde
Source: IANS
13/07/2023 8:25:53 PM
Godrej Properties rises on securing LoI to develop two group housing plots Godrej Properties is currently trading at Rs. 1604.90, up by 7.05 points or 0.44% from its previous closing of Rs. 1597.85 on the BSE. The scrip opened at Rs. 1608.40 and has touched a high and low of Rs. 1618.05 and Rs. 1596.00 respectively. So far 1312 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1620.00 on 06-Jul-2023 and a 52 week low of Rs. 1005.70 on 29-Mar-2023. Last one week high and low of the scrip ...
Godrej Properties rises on securing LoI to develop two group housing plots
Godrej Properties rises on securing LoI to develop two group housing plots
Source: Accord Fintech
13/07/2023 9:54:58 AM
Indian Hotels Company shines on signing first hotel in Kolhapur under Ginger brand The Indian Hotels Company is currently trading at Rs. 395.90, up by 4.15 points or 1.06% from its previous closing of Rs. 391.75 on the BSE. The scrip opened at Rs. 391.80 and has touched a high and low of Rs. 396.40 and Rs. 391.80 respectively. So far 4408 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 405.20 on 19-Jun-2023 and a 52 week low of Rs. 241.40 on 14-Jul-2022. Last one week high and low of the scrip...
Indian Hotels Company shines on signing first hotel in Kolhapur under Ginger brand
Indian Hotels Company shines on signing first hotel in Kolhapur under Ginger brand
Source: Accord Fintech
12/07/2023 10:18:07 AM
BPCL Supports Cochlear Implantation for 30 Underprivileged Children in Maharashtra Bharat Petroleum Corporation Limited, a leading 'Maharatna' and Fortune Global 500 Company, is proud to announce its support for a significant healthcare initiative aimed at profoundly deaf children in Maharashtra. As part of its commitment to Corporate Social Responsibility (CSR), BPCL has partnered with the Indorewala Memorial Educational & Medical Institute & Research Centre (IMEMIRC) to provide cochlear implantation surgeries for 30 underprivileged children in the state. ...
BPCL Supports Cochlear Implantation for 30 Underprivileged Children in Maharashtra
BPCL Supports Cochlear Implantation for 30 Underprivileged Children in Maharashtra
Source: PR Agency
5/07/2023 2:37:45 PM
Maharashtra political quake: Ajit Pawar `splits` NCP, takes oath as Deputy Chief Minister In a huge political upheaval, Leader of Opposition Ajit Pawar on Sunday 'split' the Nationalist Congress Party to take oath as Deputy Chief Minister in the ruling alliance of Shiv Sena-Bharatiya Janata Party government of Chief Minister Eknath Shinde and Deputy CM Devendra Fadnavis. The fast-paced political developments came after a routine meeting of his supporting MLAs and within hours, the decision was taken to walk out of the NCP. This afternoon, Pawar, along with several NC...
Maharashtra political quake: Ajit Pawar `splits` NCP, takes oath as Deputy Chief Minister
Maharashtra political quake: Ajit Pawar `splits` NCP, takes oath as Deputy Chief Minister
Source: IANS
2/07/2023 4:06:02 PM
Maharashtra to generate 5,220-MW renewable power, create 6,760 new jobs  In a major initiative, the Maharashtra government has signed MoUs to set up projects to generate 5,220-MW of renewable energy at a cost of Rs 41,000-crore and a job creation potential for 6,760, an official said here on Wednesday. Deputy Chief Minister Devendra Fadnavis said that more emphasis is being laid on setting up solar, wind and other renewable energy projects in the state. In this direction, the Mahagenco, Mahatransco and Mahavitaran have signed agreements with various ag...
Maharashtra to generate 5,220-MW renewable power, create 6,760 new jobs
Maharashtra to generate 5,220-MW renewable power, create 6,760 new jobs
Source: IANS
15/06/2023 9:13:53 AM
JSW Steel soars on reporting 7% rise in consolidated crude steel production in May JSW Steel is currently trading at Rs. 755.40, up by 8.55 points or 1.14% from its previous closing of Rs. 746.85 on the BSE. The scrip opened at Rs. 755.00 and has touched a high and low of Rs. 759.95 and Rs. 751.35 respectively. So far 47030 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 783.35 on 02-Jan-2023 and a 52 week low of Rs. 536.30 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs. 7...
JSW Steel soars on reporting 7% rise in consolidated crude steel production in May
JSW Steel soars on reporting 7% rise in consolidated crude steel production in May
Source: Accord Fintech
13/06/2023 12:41:05 PM
Infra push, not populism behind Maharashtra`s rising Rs 7.07 tn debt Months after the ruling Shiv Sena-Bharatiya Janata Party regime presented its maiden budget (2023-2024), Maharashtras financial health continues to cause concern, though it's not yet on a ?ventilator like some other states. After grappling with the deadly coronavirus pandemic and post-lockdowns that wreaked havoc on the state economy, revenues and expenses as most resources were diverted to the health sector, the budgetary train is now limping back on the tracks. This year, the stat...
Infra push, not populism behind Maharashtra`s rising Rs 7.07 tn debt
Infra push, not populism behind Maharashtra`s rising Rs 7.07 tn debt
Source: IANS
11/06/2023 12:49:41 PM
Gujarat firm to build 3 PSH power plants of 5,700 MW in Maharashtra In a significant development for the state power sector, Torrent Power Ltd. Gujarat will construct three Pumped Storage Hydro (PSH) projects of 5,700-MW, costing around Rs 27,000 crore, in Maharashtra, an official said here on Wednesday. The Maharashtra government has inked an MoU with TPL, Ahmedabad, in the presence of Deputy Chief Minister Devendra Fadnavis, for the project which is expected to generate around 13,500 jobs during the five-year long construction period. The projects sha...
Gujarat firm to build 3 PSH power plants of 5,700 MW in Maharashtra
Gujarat firm to build 3 PSH power plants of 5,700 MW in Maharashtra
Source: IANS
8/06/2023 10:08:53 AM
Bajaj Finserv commits Rs. 5,000 crore investment in Maharashtra Bajaj Finserv Ltd., one of India’s leading and most diversified financial services groups, today signed a Memorandum of Understanding (MoU) with the Government of Maharashtra, to develop a Rs. 5000 crore project in Pune, one of the largest financial services investments in the country. The MoU was signed by Harshdeep Kamble,&n...
Bajaj Finserv commits Rs. 5,000 crore investment in Maharashtra
Bajaj Finserv commits Rs. 5,000 crore investment in Maharashtra
Source: PR Agency
5/06/2023 12:12:07 PM
Indo Rama Synthetics zooms as its arm starts commercial production of `Bottle grade PET resins` Indo Rama Synthetics (India) is currently trading at Rs. 47.99, up by 5.22 points or 12.20% from its previous closing of Rs. 42.77 on the BSE. The scrip opened at Rs. 43.06 and has touched a high and low of Rs. 50.39 and Rs. 43.06 respectively. So far 63975 shares were traded on the counter. The BSE group 'B ' stock of face value Rs. 10 has touched a 52 week high of Rs. 73.50 on 03-Jun-2022 and a 52 week low of Rs. 36.60 on 28-Mar-2023. Last one week high and low of the scrip...
Indo Rama Synthetics zooms as its arm starts commercial production of `Bottle grade PET resins`
Indo Rama Synthetics zooms as its arm starts commercial production of `Bottle grade PET resins`
Source: Accord Fintech
5/06/2023 12:07:56 PM
Centre imposes limit on tur, urad dal stocks of wholesalers, big chain retailers The Centre on Friday imposed stock limits on tur and urad dal applicable to wholesalers, retailers, big chain retailers, millers, and importers in order to prevent hoarding, control price rise and unscrupulous speculation. Imposition of stock limits on tur and urad will be effective with immediate effect till October 31, official sources said. Under the order, stock limits applicable to each of the pulse individually will be 200 MT for wholesalers, 5 MT for retailers, 5 MT at each retai...
Centre imposes limit on tur, urad dal stocks of wholesalers, big chain retailers
Centre imposes limit on tur, urad dal stocks of wholesalers, big chain retailers
Source: IANS
3/06/2023 9:15:27 AM
FDI into India decline by 22% to $46 billion in 2022-23 The Department for Promotion of Industry and Internal Trade (DPIIT) in its data showed that foreign direct investment (FDI) into India declined by 22 per cent to $46 billion in 2022-23, as compared to $58.77 billion during 2021-22. The fall in FDI was mainly due to lower inflows in computer hardware and software, and automobile industry. Total FDI inflows, which include equity inflows, re-invested earnings and other capital, declined by 16 per cent to $70.97 billion in the last fiscal as agai...
FDI into India decline by 22% to $46 billion in 2022-23
FDI into India decline by 22% to $46 billion in 2022-23
Source: Accord Fintech
30/05/2023 9:53:55 AM
Adani Wilmar rises on entering into whole wheat category with Fortune brand Adani Wilmar is currently trading at Rs. 451.30, up by 0.95 points or 0.21% from its previous closing of Rs. 450.35 on the BSE. The scrip opened at Rs. 455.05 and has touched a high and low of Rs. 457.85 and Rs. 450.00 respectively. So far 55625 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 841.90 on 23-Sep-2022 and a 52 week low of Rs. 327.00 on 28-Feb-2023. Last one week high and low of the scrip stood at Rs...
Adani Wilmar rises on entering into whole wheat category with Fortune brand
Adani Wilmar rises on entering into whole wheat category with Fortune brand
Source: Accord Fintech
29/05/2023 11:36:32 AM
Xiaomi India joins United Way India to empower rural communities with sustainable energy Xiaomi India on Monday announced a new mission, in partnership with global philanthropy network United Way India, to empower five villages in the Palghar district of Maharashtra by providing them with effortless access to sustainable energy. The primary objective is to equip these villages with reliable, sustainable energy through Solar Photovoltaic (Solar PV) infrastructure. The initiative's aim is to promote clean and renewable energy by setting up a sustainable solar grid system ...
Xiaomi India joins United Way India to empower rural communities with sustainable energy
Xiaomi India joins United Way India to empower rural communities with sustainable energy
Source: IANS
15/05/2023 4:37:58 PM
Aditya Birla SL AMC announces change in address of existing OPAT in Maharashtra Aditya Birla SL AMC has announced addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of Schemes of Aditya Birla Sun Life Mutual Fund. Existing Official Point of Acceptance of Transactions (OPAT) of Aditya Birla Sun Life AMC located at 1st Floor, CTS No. 1606/A, Lane No. 6, Opposite HDFC Bank, Dhule-424 001, Maharashtra is shifting to new premises with immediate effect. New Address: C & D, 1st Floor, Mundada Heights, Lane No. 06, Above Reliance Smart Poi...
Aditya Birla SL AMC announces change in address of existing OPAT in Maharashtra
Aditya Birla SL AMC announces change in address of existing OPAT in Maharashtra
Source: Accord Fintech
26/04/2023 12:43:01 PM
India`s Maharashtra state to produce less sugar as mills close early India's top sugar-producing state, Maharashtra, could churn out nearly 16% less sugar than the previously estimated as mills are closing early due to limited availability of sugar cane, a senior state government official told Reuters on Monday. Lower sugar output could prevent the world's second-biggest exporter from allowing additional exports, potentially supporting global prices and allowing rivals Brazil and Thailand to increase exports. The western state of Maharashtra, whi...
India`s Maharashtra state to produce less sugar as mills close early
India`s Maharashtra state to produce less sugar as mills close early
Source: Reuters
28/03/2023 8:51:20 AM
Legendary singer Asha Bhosle conferred 'Maharashtra Bhushan-2021'  Legendary singer Asha Bhosle - of the pre-eminent Mangeshkar clan - was conferred the coveted 'Maharashtra Bhushan - 2021' Award at a swank function near the Gateway of India, on Friday evening. Chief Minister Eknath Shinde, Deputy Chief Minister Devendra Fadnavis and other dignitaries, including Bharat Ratna Sachin Tendulkar, were present and hailed the 89-year-old Asha Bhosle's singing career which has completed 80 years. "Asha-tai is the 'pride of Maharasht...
Legendary singer Asha Bhosle conferred 'Maharashtra Bhushan-2021'
Legendary singer Asha Bhosle conferred 'Maharashtra Bhushan-2021'
Source: IANS
25/03/2023 12:16:39 PM
Jr Women's Zonal C'ships: Madhya Pradesh, Maharashtra win their matches Captain Bhumiksha Sahu led the team with seven goals as Hockey Madhya Pradesh thrashed Hockey Gujarat 19-0 in the West Zone championship in Rajnandgaon, Chhattisgarh, in the 1st Hockey India Junior Women's Zonal Championships 2023 on Friday. In a Pool A match, Hockey Maharashtra dealt Chhattisgarh Hockey a 2-0 defeat in the West Zone championship. Tanushree Dinesh Kadu (3') and Diksha Nitin Shinde (48') scored one goal each to help Hockey Maharashtra win. In the second game,...
Jr Women's Zonal C'ships: Madhya Pradesh, Maharashtra win their matches
Jr Women's Zonal C'ships: Madhya Pradesh, Maharashtra win their matches
Source: IANS
24/03/2023 3:17:29 PM
KCR announces Rs 10,000 per acre compensation for crop losses Telangana Chief Minister K. Chandrasekhar Rao on Thursday announced compensation of Rs 10,000 per acre for farmers who lost their crops due to recent unseasonal rains and hailstorms. After a visit to affected areas in a few districts, the chief minister assured the farmers that the government will extend them all the assistance. He made it clear that the state will not send any report on crop loss to the Centre as the Modi government had provided no help to the state in similar situatio...
KCR announces Rs 10,000 per acre compensation for crop losses
KCR announces Rs 10,000 per acre compensation for crop losses
Source: IANS
23/03/2023 4:00:44 PM
Maharashtra scouts for more infra-projects funding from Japan agency The Maharashtra government is keen to secure financial assistance from the Japan International Cooperation Agency (JICA) for major infra-structure projects coming up in the state, an official said here on Tuesday. Chief Minister Eknath Shinde conveyed the same to a high-level JICA delegation which met him, and said funds were needed for implementing mega-projects in Mumbai and elsewhere in Maharashtra. The state has sought help for ambitious projects like the ongoing Mumbai Metro underg...
Maharashtra scouts for more infra-projects funding from Japan agency
Maharashtra scouts for more infra-projects funding from Japan agency
Source: IANS
14/03/2023 2:18:41 PM
Maharashtra to celebrate 350th anniversary of Chhatrapati Shivaji Maharaj`s coronation in June The Maharashtra government will celebrate the upcoming 350th anniversary of the Coronation of Chhatrapati Shivaji Maharaj in a big way with an outlay of Rs 350 crore, besides setting up a museum dedicated to him in Pune. Deputy Chief Minister and Finance Minister Devendra Fadnavis announced the plans during his budget 2023-2024 speech, for the weeklong 'Shiv Rajyabhishek Mahotsav' celebrations starting from June 2. The founder of Hindavi Swarajya, the Maratha warrior ascended th...
Maharashtra to celebrate 350th anniversary of Chhatrapati Shivaji Maharaj`s coronation in June
Maharashtra to celebrate 350th anniversary of Chhatrapati Shivaji Maharaj`s coronation in June
Source: IANS
10/03/2023 4:42:06 PM
Maharashtra plans mega boost to infra projects for all-round progress Maharashtra has announced a boost to various big and small infrastructure projects including a web of Metro Rail network for the Mumbai Metropolitan Region (MMR), Deputy Chief Minister and Finance Minister Devendra Fadnavis said, tabling the state Budget 2023-2024. Putting the state onto the national $5 trillion economy ambition with a contribution of $1 trillion, and boosting the state share from 14.2 per cent to 20 per cent in the national GDP, Fadnavis announced major infrastructure dev...
Maharashtra plans mega boost to infra projects for all-round progress
Maharashtra plans mega boost to infra projects for all-round progress
Source: IANS
10/03/2023 9:18:56 AM
Maharashtra plans big benefits to girl child; focus on health, financial security of women Maharashtra will implement a string of measures for the health, financial security of the girl child and women, and others, said Deputy Chief Minister and Finance Minister Devendra Fadnavis tabling the state Budget 2023-2024, here on Thursday. In the 'Lek Ladki' scheme, a girl born to a family holding yellow or orange ration cards will get grants at birth, in school Std. I, VI and XI, and Rs 75,000 on attaining the age of 18. Women will be given 50 per cent discount on ST bus ti...
Maharashtra plans big benefits to girl child; focus on health, financial security of women
Maharashtra plans big benefits to girl child; focus on health, financial security of women
Source: IANS
10/03/2023 9:12:19 AM
Maharashtra proposes Rs 547,450 cr budget with huge fiscal, revenue deficits Maharashtra's Deputy Chief Minister Devendra Fadnavis, who also holds the finance portfolio, presented a Rs 547,450 crore budget for 2023-2024 showing huge fiscal and revenue deficits, here on Thursday. As per the budget estimates, the state plans to spend Rs 547,450 crore with an estimated revenue receipts of Rs 449,522 crore over a revenue expenditure of Rs 465,645 crore, resulting in a revenue shortfall of Rs 16,211 crore - down from Rs 24,353 crore over 2022-2023. The state rema...
Maharashtra proposes Rs 547,450 cr budget with huge fiscal, revenue deficits
Maharashtra proposes Rs 547,450 cr budget with huge fiscal, revenue deficits
Source: IANS
9/03/2023 6:02:47 PM
Economic Survey: Maharashtra has over 2.56 cr ration-card holders Maharashtra has a total of 2.56 crore ration-card holders, including 1.71 crore saffron, 62.60 lakh yellow and the rest 22.21 lakh white ration card holders, till December 2022. During the current fiscal, till December 2022, of the total eligible 1.54 crore ration cards covered under the National Food Security Act, the Aadhaar seeding of 99.9 per cent has been completed. Of the total eligible 8.66 lakh ration cards under the Above Poverty Line farmers from the drought-prone 14 districts...
Economic Survey: Maharashtra has over 2.56 cr ration-card holders
Economic Survey: Maharashtra has over 2.56 cr ration-card holders
Source: IANS
8/03/2023 4:14:56 PM
Maharashtra economy set to grow by 6.8% in 2022-2023, says state Economic Survey The Maharashtra economy is expected to grow by 6.8 per cent during 2022-2023, as per advance estimates, while the Indian economy is expected to grow by 7.0 per cent, said the state Economic Survey here on Wednesday. During the year, the agriculture and allied activities sector will grow by 10.2 per cent, industry sector by 6.1 per cent and services sector by 6.4 per cent, as per the Economic Survey - 2022-2023, released on the eve of the state Budget to be tabled on Thursday. According ...
Maharashtra economy set to grow by 6.8% in 2022-2023, says state Economic Survey
Maharashtra economy set to grow by 6.8% in 2022-2023, says state Economic Survey
Source: IANS
8/03/2023 2:34:57 PM
Clamour for Old Pension Scheme confronts cash-strapped Maharashtra Government Ahead of the state budget, over two million government employees and pensioners in Maharashtra are demanding a revival of the Old Pension Scheme (OPS), posing a tough challenge to the ruling Shiv Sena-Bharatiya Janata Party combine. Various employees' organisations are building pressure on the government in the form of marches and protests across the state to compel a return to the OPS that was discontinued here in 2005. The move gained momentum after at least five states - Rajastha...
Clamour for Old Pension Scheme confronts cash-strapped Maharashtra Government
Clamour for Old Pension Scheme confronts cash-strapped Maharashtra Government
Source: IANS
6/03/2023 6:29:06 PM
Maharashtra is restless for political change: Sharad Pawar Nationalist Congress Party supremo Sharad Pawar said here on Monday that the people of Maharashtra are longing for a 'political change' and want all the Opposition parties to come together for this. The 82-year-old leader recounted how, in the past few weeks, he has been touring different parts of the state and meeting a lot of people. "The masses conveyed to me that they are desirous of a change in the state... They want the Opposition parties to unite and achieve this,&qu...
Maharashtra is restless for political change: Sharad Pawar
Maharashtra is restless for political change: Sharad Pawar
Source: IANS
6/03/2023 3:59:41 PM
World`s 1st `bamboo crash barrier` installed on Maha highway In a unique achievement, the world's first 200-metre long bamboo crash barrier has come up on the Vani-Warora Highway in Vidarbha region of eastern Maharashtra, officials said here on Saturday. The bamboo crash barrier in Nagpur has been christened as 'Bahu Balli' and underwent rigorous testing at various government-run institutions on different parameters. These included tests at the National Automotive Test Tracks in Pithampur, Indore, it secured the Class 1 in the Fire Ra...
World`s 1st `bamboo crash barrier` installed on Maha highway
World`s 1st `bamboo crash barrier` installed on Maha highway
Source: IANS
4/03/2023 4:40:04 PM
Dilip Buildcon trades higher as its JV gets LoA for Madhya Pradesh project Dilip Buildcon is currently trading at Rs. 209.55, up by 1.80 points or 0.87% from its previous closing of Rs. 207.75 on the BSE. The scrip opened at Rs. 215.20 and has touched a high and low of Rs. 215.30 and Rs. 208.10 respectively. So far 18878 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 317.35 on 11-Apr-2022 and a 52 week low of Rs. 187.40 on 01-Jul-2022. Last one week high and low of the scrip stood at...
Dilip Buildcon trades higher as its JV gets LoA for Madhya Pradesh project
Dilip Buildcon trades higher as its JV gets LoA for Madhya Pradesh project
Source: Accord Fintech
20/02/2023 2:24:01 PM
Ramesh Bais takes oath as new Maharashtra Governor  Senior BJP leader and former Governor of Jharkhand Ramesh Bais was sworn-in as the 20th Governor of Maharashtra here on Saturday afternoon. Bombay High Court Acting Chief Justice S.V. Gangapurwala administered the oath of office to Bais at a brief function held in the Raj Bhavan. In what is described as a special goodwill gesture, Bais took the oath in Marathi language, and was later felicitated with bouquets by Acting Chief Justice Gangapurwala and Chief Minister Eknath Shinde. ...
Ramesh Bais takes oath as new Maharashtra Governor
Ramesh Bais takes oath as new Maharashtra Governor
Source: IANS
18/02/2023 3:50:29 PM
Assault case: Ex-Maharashtra minister gets anticipatory bail A Thane Sessions Court granted anticipatory bail to senior Nationalist Congress Party (NCP) leader and former Maharashtra minister Jitendra Awhad in a case pertaining to the assault of a Thane civic body official, here on Friday. The Naupada Police Station had booked Awhad and others on Wednesday in connection with the assault on Mahesh Aher, Assistant Municipal Commissioner of the Thane Municipal Corporation (TMC). Aher was targeted by the former Minister's supporters, who reacted ...
Assault case: Ex-Maharashtra minister gets anticipatory bail
Assault case: Ex-Maharashtra minister gets anticipatory bail
Source: IANS
17/02/2023 6:11:45 PM
Maharashtra Governor-designate Ramesh Bais to be sworn-in on Saturday The newly-designated Maharashtra Governor Ramesh Bais will take the oath of office at the Raj Bhavan here on February 18, an official said on Friday. Bais, 75, is the Governor of Jharkhand and has been transferred to Maharashtra by President Draupadi Murmu, in a major gubernatorial reshuffle effected last Sunday. The President also accepted the resignation of Maharashtra Governor Bhagat Singh Koshyari (80), who has opted for a life of retirement, reading and writing in his home state Ut...
Maharashtra Governor-designate Ramesh Bais to be sworn-in on Saturday
Maharashtra Governor-designate Ramesh Bais to be sworn-in on Saturday
Source: IANS
17/02/2023 3:17:20 PM
Senior Women National: Hockey Maharashtra beat Le Puducherry Hockey 7-0 Hockey Maharashtra defeated Le Puducherry Hockey by a score of 7-0 in the opening game of Pool H in the 13th Hockey India Senior Women National Championship 2023, here on Thursday. Manashri Shedage (32') ran the show for Hockey Maharashtra with her skill with the stick earning her the title of the Player of the Match. Kajal Atpadkar (10', 17') assisted by scoring a brace while Akansha Singh (1'), Lalhlunmawii (29'), Shalini Sakure (43') and Shivani Sahu (44') pi...
Senior Women National: Hockey Maharashtra beat Le Puducherry Hockey 7-0
Senior Women National: Hockey Maharashtra beat Le Puducherry Hockey 7-0
Source: IANS
17/02/2023 11:47:14 AM
Patel Engineering along with its Joint Venture Partners have been declared L1 bidder for Rs.1,567 Crore worth projects in Madhya Pradesh and Maharashtra Patel Engineering along with its Joint Venture Partners have been declared L1 bidder for ? 1,567 Crore worth projects in Madhya Pradesh and Maharashtra, Order book stands at ?16,809 Crore. Patel Engineering on Wednesday said that the company with its joint venture partners (JV) has been declared the lowest bidder (L1) for Rs.1,567 crore projects in Madhya Pradesh and Maharashtra state. The Company share in these new orders is Rs.1,006 crore.   These orders include construction o...
Patel Engineering along with its Joint Venture Partners have been declared L1 bidder for Rs.1,567 Crore worth projects in Madhya Pradesh and Maharashtra
Patel Engineering along with its Joint Venture Partners have been declared L1 bidder for Rs.1,567 Crore worth projects in Madhya Pradesh and Maharashtra
Source: PR Agency
16/02/2023 11:20:57 AM
JSW Steel rises on reporting 16% rise in crude steel production in January JSW Steel is currently trading at Rs. 725.20, up by 6.30 points or 0.88% from its previous closing of Rs. 718.90 on the BSE. The scrip opened at Rs. 711.05 and has touched a high and low of Rs. 727.65 and Rs. 711.05 respectively. So far 4210 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 789.95 on 19-Apr-2022 and a 52 week low of Rs. 520.10 on 26-May-2022. Last one week high and low of the scrip stood at Rs. 73...
JSW Steel rises on reporting 16% rise in crude steel production in January
JSW Steel rises on reporting 16% rise in crude steel production in January
Source: Accord Fintech
13/02/2023 10:09:18 AM
Enrollment in higher education increased to nearly 4.14crore in 2020-2021 The total enrollment in higher education in India has increased to nearly 4.14 crore in 2020-21 from 3.85 crore in 2019-20. Since 2014-15, there has been an increase of around 72 lakh in the enrolment (21 per cent), the All India Survey on Higher Education (AISHE) 2020-2021 stated on Sunday. Uttar Pradesh, Maharashtra, Tamil Nadu, Madhya Pradesh, Karnataka and Rajasthan are the top six states in terms of number of students enrolled. Enrollment has increased in 2020-21 compared to 2014-1...
Enrollment in higher education increased to nearly 4.14crore in 2020-2021
Enrollment in higher education increased to nearly 4.14crore in 2020-2021
Source: IANS
30/01/2023 11:35:13 AM
Indian sugar mills to close early as weather dents cane supply - Government official Sugar mills in India's top producing state Maharashtra are set to stop cane crushing 45 to 60 days earlier than last year as adverse weather has curtailed sugar cane availability, a senior state government official told Reuters on Friday. The western state of Maharashtra, which accounts for more than a third of the country's sugar output, could produce 12.8 million tonnes of sugar in the 2022/23 marketing year that began on Oct. 1, down from an earlier forecast of 13.8 million tonn...
Indian sugar mills to close early as weather dents cane supply - Government official
Indian sugar mills to close early as weather dents cane supply - Government official
Source: Reuters
27/01/2023 4:22:10 PM
Over 50 high-impact initiatives launched at WEF for more sustainable world  With more than 50 high-impact initiatives were launched or profiled, world leaders gathered at the World Economic Forum Annual Meeting 2023 in the first major international gathering of the year to address ongoing economic, energy and food crises laid the groundwork for a more sustainable, resilient world. While many economists forecast recessionary risks in 2023 and see geopolitical tensions continuing to shape the global economy, there are glimmers of hope that pressures on food, e...
Over 50 high-impact initiatives launched at WEF for more sustainable world
Over 50 high-impact initiatives launched at WEF for more sustainable world
Source: IANS
22/01/2023 9:58:59 AM