News

11 Sep

A huge quantity of foreign liquor seized in Falakata before Durga Puja

Priyanka RoyNews, North Bengal, Siliguri

Alipurdurwar, September 11: Ahead of Durga Puja, officials of the Falakata police station have seized a huge amount of foreign liquor. Three people have also been detained in the case.On Wednesday, based on a tip-off, the police raided a warehouse located in Jaichandpur Pakritala area under Gwabarnagar Gram Panchayat of Falakata block and recovered a huge quantity of liquor. The liquor was of different brands, with an estimated market value of around ₹10 lakh. Law enforcement officials have said that similar raids will be conducted in the coming days.

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10 Sep

Siliguri cyber crime team achieved big success, recovers ₹25 lakh and returns it to fraud victim

Priyanka RoyNews, North Bengal, Siliguri

Siliguri, September 10: The cyber crime team of Siliguri Metropolitan Police has achieved a significant success by successfully recovering ₹25 lakh fraudulently obtained from a retired employee. The special thing is that this money has been returned to its real owner, a retired government employee of Haiderpara.According to the report, on August 19, the fraud victim received a call on WhatsApp from an unknown number. The caller introduced himself as an officer of the Mumbai Crime Branch and threatened to arrest the victim in a drug-related case. The caller then demanded Rs 25 lakh to settle the matter.As a result,…

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09 Sep

Suzlon Energy shares flourish 3% after getting big wind power order from NTPC

Priyanka RoyBusiness, News

On Monday, the share price of Suzlon Energy rose 3.27 per cent to hit a lifetime high of Rs 77.18 per share on the BSE. The share price of Suzlon Energy jumped today after the company announced that it has received a large order for a wind power plant from NTPC Green Energy.Suzlon said that in an exchange filing that it has received India's largest wind power order of 1,166 MW from NTPC Green Energy."Suzlon will install 370 wind turbine generators of S144 model, each and every having a rated capacity of 3.15 MW, with hybrid lattice tubular tower.These turbines…

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07 Sep

Wockhardt shares reduction 5% amid conflict of interest allegations

Priyanka RoyBusiness, News

New Delhi, Sep 6 (Language) Shares of Wockhardt Ltd fell 5 per cent on Friday and reached the lower circuit limit after Congress leveled fresh allegations of conflict of interest against the SEBI chief linked to the pharmaceutical company.Making further allegations of conflict of interest against Sebi Chairperson Madhabi Buch, Congress on Friday claimed that she received rental income from an entity affiliated with a company which the capital markets regulator is probing for various matters including insider trading.Congress media and publicity department head Pawan Khera said that between 2018 and 2024, Butch – as a full-time member and later…

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06 Sep

Hina Khan state she is facing ‘a lot of problems’: ‘Can’t even eat properly without feeling pain…’

Priyanka RoyEntertainment, News

Hina Khan, who was lately diagnosed with breast cancer, keeps her fans updated about her health. Lately, the actress took to her Instagram handle to share how 'everything hurts' and that she is facing 'a lot of problems'. Hina shared two pictures of herself, where she showed off her smile and said, "I choose to smile and encourage myself."In the pictures, the athleisure-wearing actress can be seen smiling at the camera, and marks can also be seen on her body. In the caption, she revealed, “Everything hurts, but shouldn't you smile.. hannah? (But, we can't stop smiling).” He further shared,…

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05 Sep

World Bank expansion India’s FY25 GDP forecast to 7% from 6.6%

Priyanka RoyBusiness, News

The World Bank has revised its growth forecast for India, raising it to 7% for fiscal year 2024-25, up from its earlier estimate of 6.6%. The adjustment reflects the strong performance of the Indian economy, which was the fastest growing major economy with a growth rate of 8.2% in FY24.Looking ahead, the World Bank apprehend India's medium-term outlook to remain positive, with strong inflation projected for FY26 and FY27. Koume highlighted the importance of diversifying India's export basket and leveraging global value chains to achieve $1 trillion merchandise exports by 2030."India needs to diversify its export basket and leverage global…

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04 Sep

Paint stocks upsurge 6% on falling crude prices; Asian Paints reaches 8 month high

Priyanka RoyBusiness, News

Indian paint stocks rose today despite major indices trading in negative territory due to weak global cues. The rise in paint stocks came after a sharp fall in crude oil prices during Tuesday's session, driven by concerns over weak demand.Shares of Indigo Paints jumped 6 percent, reaching their highest level since late July. Asian Paints also rose 3 percent to an eight-month high. Berger Paints (India) stock rose 2.6 per cent to ₹591.80 per share, while Kansai Nerolac Paints and Akzo Nobel India gained 2.5 per cent and 1.1 per cent, respectively.Similarly, Shalimar Paints ended two-day losing streak with a…

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03 Sep

LPG price hike: OMC increased the prices of 19 kg commercial LPG cylinder by Rs 39 from September 1. The current price in Delhi is Rs 1,691

Priyanka RoyBusiness, News

Oil marketing companies (OMCs) have increased the price of 19 kg commercial LPG cylinder by Rs 39 from September 1. After this hike, the retail price of a 19 kg commercial LPG cylinder in Delhi is now Rs 1,691.50.The sudden inflation in LPG prices is likely to impact businesses across sectors ranging from restaurants and hotels to small-scale industries as consumers grapple with increasing costs.Earlier, OMC had reduced commercial LPG gas cylinder prices by Rs 30 on July 1 to provide relief to businesses and commercial establishments. Due to this cut, the retail price of 19 kg commercial LPG cylinder…

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31 Aug

Bank credit growth expansion to 15.1% by July, deposits lag: RBI

Priyanka RoyBusiness, News

According to the RBI, growth in credit card outstanding slowed to 22 percent to Rs 2.75 lakh crore from 32.4 percent a year ago.Non-food bank credit is projected to grow 15.1 percent by July 2024 to Rs 162.92 lakh crore by July 2024, compared to 14.7 percent a year ago, according to the latest RBI data.However, RBI data showed that banks' deposit growth slowed by 11.3 percent to Rs 213.28 lakh crore. With deposit growth slowing, banks are racing to raise funds through special deposit schemes and other innovative schemes to meet the credit demand in the system. Many banks…

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29 Aug

Indian snacks maker Bikaji says it is ‘not for sale’ amid investor interest in Indian snacks market

Priyanka RoyBusiness, News

Indian snacks maker Bikaji Foods is "not for sale" and is instead aiming to capitalize on the growing appetite for gourmet brands in the world's most populous country, a top executive told Reuters.The Indian salty snacks sector has grown rapidly in recent years as consumers increasingly splurge on packaged foods.“Bikaji is not for sale. No matter what price anyone offers, there are few things that are not for sale,” Chief Operating Officer Manoj Verma had said that earlier this month, without disclosing whether the company had received buyout offers.His comments came after India's Tata Group and a consortium including Blackstone…

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