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Competition watchdog creates incentives for whistleblower firms to give up information on cartels

New draft rules allow the Competition Commission of India to reduce the penalty it imposes on companies in cartels if they also come forward with information about others.

Shares fall, Middle East strife boosts oil and gold

By Amanda Cooper LONDON (Reuters) -Global shares fell on Wednesday, while unease among investors about the risk of a widening conflict in the Middle East translated into a rise in the price of oil and

Gold rises 1% as Gaza hospital blast triggers safe-haven inflows

By Harshit Verma (Reuters) - Gold rose more than 1% on Wednesday after a deadly blast in Gaza raised fears of an escalation in the Middle East conflict and pushed investors towards safe-haven assets.

Sensex sinks 550 points to slip below 66k on spike in crude oil prices, weak global trend

Mumbai, Oct 18 (PTI) Equity benchmark index Sensex tumbled 551 points to close below the 66,000 level on Wednesday due to profit-taking in banking,...

Dalmia Polypro secures commitment for USD 30 mln funding from US’ DFC for greenfield facility in Nashik

Mumbai (Maharashtra) , October 18 (ANI): Dalmia Polypro Industries, a sustainability-focused company in India that produces high-quality recycled materials from plastic waste, has received...

Cabinet approves generous bonus for railway employees

New Delhi , October 18 (ANI): The Union Cabinet chaired by Prime Minister Narendra Modi has granted approval for a Productivity Linked Bonus (PLB)...

Gold rises 1% after Gaza hospital blast

By Harshit Verma (Reuters) - Gold rose more than 1% on Wednesday after a deadly blast in Gaza raised fears of an escalation in the Middle East conflict and pushed investors towards safe-haven assets.

Brent hits $93 as Middle East strife heightens supply concerns

By Natalie Grover LONDON (Reuters) -Global oil benchmark Brent hit $93 a barrel on Wednesday as the risk of escalating conflict in the Middle East threatened to disrupt oil supplies from the region,

India’s IndusInd Bank reports 22% jump in Q2 profit on strong loan, interest income growth

(Reuters) -Indian private lender IndusInd Bank reported a 22.1% rise in second-quarter profit on Wednesday, helped by strong growth in loans and core lending income. Net profit rose to 21.81 billion

Union Cabinet approves 13 GW renewable energy project in Ladakh

New Delhi , October 18 (ANI): The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the project on Green Energy Corridor...

On Camera

Two documents, Modi-Macron visits—India-France defence partnership is touching new heights

Horizon 2047 signed during Modi's visit to France in July 2023 and the defence industrial roadmap during Macron’s visit to India in January 2024 guide the strategic bonhomie between the two countries.

How govt brought Vodafone Idea back from the brink & earned a neat profit in the process

In 2021, the government allowed telcos to convert interest on deferred spectrum payments and AGR dues into equity. This made it the single largest stakeholder in Vodafone Idea.

China builds road through Shaksgam Valley, India registers protest

New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.