Posts by Kevin Harson
The middle-income trap is a clear potential for India: Kenneth Kletzer
India’s ambition to become a developed nation by 2047 may not be realistic but the country would have a higher per capita GDP by then, Kenneth Kletzer, professor of economics at the University of California told Ruchika Chitravanshi in an interview in New Delhi. Kletzer also said India may be benefitting a little by…
Read MoreIMA President Asokan meets junior doctors on hunger strike in Kolkata
Indian Medical Association (IMA) National President R.V. Asokan. Representative image. (Photo: PTI) 3 min read Last Updated : Oct 11 2024 | 10:34 PM IST Dr RV Asokan, President of the Indian Medical Association (IMA), on Friday met with the West Bengal Junior Doctors Front, who are on a hunger strike over the RG…
Read MoreDemand drivers likely to keep Cummins India on robust growth trajectory
4 min read Last Updated : Oct 11 2024 | 9:24 PM IST The domestic capex cycle is expected to have accelerated in Q2FY25, and demand in the long term should remain robust. One of the beneficiaries will be Cummins India which should benefit from the strong demand across sectors, good R&D support from…
Read MoreAmicus Capital invests Rs 125 cr in Equirus; Federal Bank partially exits
2 min read Last Updated : Oct 11 2024 | 8:25 PM IST Private equity firm Amicus Capital on Friday announced that it has invested Rs 125 crore in Equirus Group, a late Rakesh Jhunjunwala-backed financial services firm, for an undisclosed stake. The investment is a combination of primary and secondary purchase of…
Read MoreAsean Summit: PM Modi meets Canadian counterpart Justine Trudeau at Laos
Representative image. (File photo: PTI) 2 min read Last Updated : Oct 11 2024 | 7:31 PM IST Prime Minister Narendra Modi and Justine Trudeau met on the sidelines of the ASEAN Summit in Laos, almost a year after his Canadian counterpart accused India of involvement in the death of a Canadian Khalistani separatist.…
Read MoreMandhana promoter diverted loans for personal benefit: ED charge sheet
The agency had arrested both Purushottam and Priyavrat in the case. While Purushottam is now out on bail, Priyavrat is in judicial custody. Photo: Agencies 2 min read Last Updated : Oct 11 2024 | 6:36 PM IST Purushottam Mandhana, promoter of Mandhana Industries, used business loans for personal benefit and caused a loss…
Read MoreBlackRock’s AUM hit record $11.5 trillion on market rally, ETF boost
3 min read Last Updated : Oct 11 2024 | 5:37 PM IST BlackRock’s assets under management hit a record high for the third straight quarter on Friday, helped by surging inflows to the company’s exchange-traded funds and a searing equity rally that boosted the value of its clients’ investments. Stock markets overcame…
Read MoreSudarshan Chemical to buy global pigment biz of Heubach for Rs 1,180 cr
The acquisition is for a cash consideration of Euro 127.5 million (about Rs 1,180 crore), it added. ( Source: File Photo) 2 min read Last Updated : Oct 11 2024 | 4:35 PM IST Sudarshan Chemical Industries Ltd on Friday said it will acquire global pigment business operations of the Heubach Group of Germany…
Read MoreDelhi air pollution: PM’s principal secretary flags slow landfill progress
He directed the agencies to prevent the open burning of waste and to promote greening and paving of road areas to reduce dust. (Source: File Photo) 2 min read Last Updated : Oct 11 2024 | 3:32 PM IST P K Mishra, principal secretary to the prime minister, on Friday, expressed concern over the…
Read MoreIndian Air Force tests inaugural flight at Navi Mumbai airport
Navi Mumbai airport test landing | Credit: X 2 min read Last Updated : Oct 11 2024 | 2:36 PM IST An Indian Air Force’s (IAF) Airbus C-295 touched down at the Navi Mumbai International Airport (NMIAL) on Friday (October 11) marking the official inaugural flight landing at the aerodrome. The flight landing…
Read MoreJSW Infrastructure share price: JSW Infrastructure surges 4% on allotting commercial paper of Rs 1,000 cr
2 min read Last Updated : Oct 11 2024 | 1:25 PM IST JSW Infrastructure share price: Shares of maritime-related services provider JSW Infrastructure soared up to Rs 328.70 per share on Friday, October 11, 2024. The uptick in JSW Infrastructure share price came after the company announced that it has issued and allotted…
Read MoreCrown gifted by PM Modi stolen from Goddess Kali at Bangladesh temple
2 min read Last Updated : Oct 11 2024 | 12:18 PM IST A crown belonging to Goddess Kali at the Jeshoreshwari Temple in Satkhira, Bangladesh, has reportedly been stolen. The crown, which is silver with gold plating, was stolen around 2 pm on Thursday, shortly after the temple priest concluded the day’s worship.…
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