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HaveUs Aerotech Secures EASA Approval for Key Facilities in India

HaveUs Aerotech Secures EASA Approval for Key Facilities in India

20 March 2025

Mumbai, Mar 20 (PTI) MRO services provider HaveUs Aerotech on Thursday said the European aviation safety regulator EASA has granted its approval to the company’s three facilities — at Delhi, Gurugram, and Bangalore. The certification from European Union Aviation Safety Agency (EASA) enhances the company’s ability to provide instant, reliable support to both national and …

Renault India to Raise Prices by 2% from April

Renault India to Raise Prices by 2% from April

20 March 2025

New Delhi, Mar 20 (PTI) Automaker Renault India on Thursday said it will increase prices of its entire model range by up to 2 per cent from April. The extent of the increase will vary for different variants and models, the company said in a statement. The decision comes in response to the constantly increasing …

SEBI Lowers Minimum Investment for ZCZP Instruments on Social Stock Exchange to ₹1,000

SEBI Lowers Minimum Investment for ZCZP Instruments on Social Stock Exchange to ₹1,000

20 March 2025

The Securities and Exchange Board of India (SEBI) on Wednesday announced a reduction in the minimum investment amount for Zero Coupon Zero Principal (ZCZP) instruments on the Social Stock Exchange (SSE) from ₹10,000 to ₹1,000. The move aims to boost retail participation in social impact investments and increase funding for non-profit organisations (NPOs). Enhanced Access …

Investors’ Wealth Surges by ₹13.82 Lakh Crore in 3 Days Market Rally

Investors’ Wealth Surges by ₹13.82 Lakh Crore in 3 Days Market Rally

20 March 2025

Indian stock markets witnessed a sharp rebound, adding ₹13.82 lakh crore to investors’ wealth over three consecutive sessions after last week’s correction in benchmark indices. The rally pushed the market capitalisation of BSE-listed firms beyond ₹400 lakh crore, marking a significant recovery after nearly a month. Sensex Gains Over 1,600 Points in 3 Days On …

Indore to Establish India’s First Green Waste Processing Plant Under PPP Model; IMC to Earn ₹3,000 per Tonne

Indore to Establish India’s First Green Waste Processing Plant Under PPP Model; IMC to Earn ₹3,000 per Tonne

19 March 2025

Indore is taking a significant step towards sustainable waste management with the establishment of India’s first green waste processing plant under a Public-Private Partnership (PPP) model. This initiative, developed under the Swachh Bharat Mission-Urban, underscores the city’s commitment to environmental conservation and innovation in waste recycling. Located on 55,000 square feet of land in Bicholi …

Indian Railways Achieves Over 90% Punctuality Despite Heavy Passenger Demand

Indian Railways Achieves Over 90% Punctuality Despite Heavy Passenger Demand

19 March 2025

Despite the surge in passenger travel during peak festive seasons such as Holi, Diwali, Chhath, Summer holidays, and Maha Kumbh, Indian Railways has successfully maintained an on-time performance of over 90%. This achievement comes as a result of significant infrastructural advancements, AI-driven scheduling, and real-time monitoring systems. Addressing the Lok Sabha, Union Minister for Railways, …

Indian Railways in Talks to Set Up Small Nuclear Power Plants for Clean Energy

Indian Railways in Talks to Set Up Small Nuclear Power Plants for Clean Energy

19 March 2025

Indian Railways is in discussions with the Department of Atomic Energy (DAE) and the power ministry to explore the feasibility of setting up small nuclear power plants. This is aimed at meeting the railway network’s growing electricity demand while supporting its goal of achieving net zero emissions by 2030. Land Allocation and Power Supply As …

Adani Group Proposes User Development Fee at Mumbai Airport Amid Expansion Plans

Adani Group Proposes User Development Fee at Mumbai Airport Amid Expansion Plans

19 March 2025

The Adani Group-led Mumbai International Airport Limited (MIAL), which operates Chhatrapati Shivaji Maharaj International Airport (CSMIA), has proposed a hike in user development fees (UDF) for departing passengers. This marks the first UDF introduction under Adani Airports’ management. The proposal, subject to approval by the Airports Economic Regulatory Authority (AERA), aims to balance rising infrastructure …

India and Mauritius Sign Pact to Boost Local Currencies Based Trade

India and Mauritius Sign Pact to Boost Local Currencies Based Trade

19 March 2025

The Reserve Bank of India (RBI) and the Bank of Mauritius (BOM) have signed an agreement to facilitate cross-border transactions in Indian Rupees (INR) and Mauritian Rupees (MUR). This initiative aims to strengthen financial cooperation, reduce transaction costs, and promote trade between the two nations. Framework for Local Currency Transactions The Memorandum of Understanding (MoU) …

Nearly 5 Lakh Taxpayers Report Income Over ₹1 Crore by February 2025

Nearly 5 Lakh Taxpayers Report Income Over ₹1 Crore by February 2025

19 March 2025

Income tax filings in India have reached a new milestone, with over 9 crore returns submitted for the financial year 2025. The data highlights a significant number of high-income taxpayers, reflecting economic growth and improved tax compliance. With the deadline set for 31 March, the numbers are expected to rise further. Surge in Income Tax …

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