27/01/2025
- Government clears Rs 3516 crore investment proposals under PLI scheme for AC’s, LEDs.
- Hyundai and Swiggy may join Nifty Next 50 amid index rebalancing changes.
- The RBI has allowed asset reconstruction companies to settle dues with borrowers after examining all possible ways to recover their dues, doing away with the earlier direction that needed ARCs to exhaust all measures for recovery before entering into a settlement with borrowers.
- Trump signs executive order to withdraw US from World Health Organisation.
- The Government of India has disbursed Rs 1596 crore under Production linked incentive schemes for six sectors including electronics and pharma during the April to September this fiscal.
- Kotak has acquired Stanchart’s loan portfolio.
- IDFC First Bank estimates 2 trillion rupees, that is Rs 200000 crores payout by RBI to the Central Government of India. RBI is constantly helping Indian Government plug the deficit and spend on the economy.
- Government is talking about agricultural production improvement. In India, Agriculture mostly has not remained lucrative and so vast tracts of land are not being cultivated. The Government must allow non farmers to own at least 2-3 Acres land per person and let them cultivate as a hobby and not as compulsion and we will definitely see improvement in agricultural production.
- Tata Electronics acquires 60% stake in Pegatron Technology India.