Reserve Bank Governor Shaktikanta Das on Thursday said the fundamental drivers of the Indian economy are gaining momentum and the country is moving on a sustainable growth path. In the inaugural address at FIBAC 2024, the governor said that massive changes are taking shape in various economic sectors and markets, and the country is geared for orbital shifts.
'The real repo rate is very high in terms of core inflation.'
Adani Group on Friday raised Rs 4,850 crore from the sale of 13.5 per cent of its stake in Fortune oil maker Adani Wilmar as part of a strategy to exit non-core activities to focus on main infrastructure business. The conglomerate, which last month announced its exit from Adani Wilmar by selling the bulk of its stake to a joint venture partner, had on Thursday announced sale of 17.54 crore shares (13.50 per cent equity) in the company on January 10 (to non-retail investors) and on January 13 (to retail investors) at a floor or minimum price of Rs 275 apiece.
Hyundai Motor India Ltd, the Indian arm of South Korean automaker Hyundai, has received capital markets regulator Sebi's approval to float an initial public offering (IPO), people familiar with the development said on Wednesday. This development marks a significant milestone for the Indian industry, as it is the first automaker initial share-sale in over two decades, following Japanese automaker Maruti Suzuki's listing in 2003.
Importing the US system of food regulation to India could prove injurious to health.
The measures include operationalising of standards on food additives for use in various categories.
India's e-commerce market alone is projected to reach $200 billion by 2026, making it a prime industry for ambitious entrepreneurs, explains rediffGURU Harsh Bharwani.
Disrupting your body's natural circadian rhythm through long-term night shifts could elevate the risk of breast cancer, warns Dr Karishma Kirti.
The serious glitches in the Biotechnology Regulatory Authority of India Bill.
Withdrawing a blanket ban on overseas shipments of non-basmati white rice, the government on Saturday imposed a floor price of $490 per tonne and exempted the commodity from export duty. Exports of non-basmati white rice have been banned since July 20, 2023 to boost domestic supply. "The export policy for non-basmati white rice (semi-milled or wholly milled rice, whether or not polished or gazed) ...is amended from prohibited to free, subject to MEP (minimum export price) of $490 per tonne with immediate effect and until further orders," the directorate general of foreign trade (DGFT) said in a notification.
FSSAI will put the draft guidelines in front of a seven-member expert committee.
If you consume enough water in a day, you'll notice a 14 percent increase in productivity at work, says Dr Siddhant Bhargava, nutritional scientist and co-founder, Food Darzee.
'Domestic investors are opening up to the idea of high-growth Internet companies as a pool of value creation.' 'They like the execution that they see with Zepto, and for us, that is the most important factor.'
The labs have been asked to submit their report within six weeks.
Australian health regulator Therapeutic Goods Administration is investigating Indian pharma major Ranbaxy, following US allegations of the company falsifying data and test results of new drug applications, a media report says.
'I am optimistic about the Budget because of the fiscal discipline the government has committed to.'
The state government had in the first week of June banned Maggi sale in the state after the product failed the food safety test.
rediffGURU Shreya Shah answers diet and nutrition-related questions. Ask away!
'We are happy that the money has come to us immediately after it was announced.' 'For once, the government did what it promised.'
Domestic food companies, too, continue to bet on packaged foods.
Observing that there is a trust deficit between farmers and the government, the Supreme Court on Wednesday proposed constitution of an independent committee comprising eminent persons to reach out to the protesters to find a solution to their demands.
Consuming whole grains can reduce the risk of heart disease by up to 30 percent.
Thomas Bach on Friday said he has a "certain understanding" for Vinesh Phogat but also wondered where would one draw the line after allowing small concessions in certain situations.
No more a paper tiger, the Advertising Standards Council of India will partner the Department of Consumer Affairs to enforce better compliance.
The impact of Trump's announcement of increasing import tariffs will have negligible benefit for India not because of companies trying to shift from China to other countries or their supply chains being affected due to their Chinese operations but because of our faulty policies, explains Mudit Jain.
Did you know that a food security officer in a leading company can earn upto $84,000 a year by just protecting data?
The Supreme Court on Friday sought a response from Maggi noodles manufacturer Nestle India Ltd and Maharashtra on a plea filed by food regulator FSSAI.
A bench of Justices Hrishikesh Roy and S V N Bhatti said it won't issue any clarification on the July 22 order as "We have said what needed to be said in our July 22 order. Can't force anyone to disclose names."
The high court directed the Food Safety and Standards Authority of India (FSSAI) to issue a fresh communication to all the authorities concerned stating the obligation to make clear disclosure as to whether the food article is vegetarian or non-vegetarian.
India supports dialogue and diplomacy and not war, Prime Minister Narendra Modi said at the Brazil, Russia, India, China, South Africa (BRICS) Summit in Kazan, Russia on Wednesday, in an unambiguous message calling for resolution of the Russia-Ukraine conflict through peaceful negotiations.
At one point, Justice Biren Vaishnav, who was hearing the petition, got agitated and asked the AMC 'What is your problem? How can you decide what I should eat outside my house? How can you stop people from eating what they want? Suddenly because someone in power thinks that this is what they want to do?'
Changes in hormone levels often result in mood swings, anxiety and/or depression, causing erosion in self-esteem, body image perception and a general disinterest in sex in most women, says Dr Gandhali Deorukhkar, consultant-obstetrics and gynaecology, Wockhardt Hospitals, Mumbai.
This time food regulators found excess presence of ash content in Maggi
Westlife Foodworld, fast-food chain McDonald's operator in West and South India, on Tuesday said food safety regulator FSSAI has verified the cheese used by it and is now allowed to use the word cheese in the name of its products. Additionally, an independent NABL (National Accreditation Board for Testing and Calibration Laboratories) has also confirmed that Westlife Foodworld uses authentic cheese in its food preparation and not cheese analogues or substitutes, its managing director Saurabh Kalra said.
During the first eight months of CY24, 50 IPOs mobilised Rs 53,453 crore.
After reports of contamination in cough syrups sent from the country, India is considering a system to test them before exporting. It is learnt that the Central Drugs Standard Control Organisation (CDSCO) has sent a proposal to the Union health ministry on this. The idea is to test the medicines at government labs before exporting.
The ban is also estimated to have prevented 18 lakh men in the state from becoming overweight or obese, it said.
Guys, here's what your diet must include in order to keep your energy levels up through the day.
The National Informatics Centre uses AI to automate document analysis and detect fraud in government departments.
