The Reserve Bank of India (RBI) has updated the operational guidelines for Floating Rate Savings Bonds, 2020 (Taxable), replacing the earlier norms issued in 2020. The revised rules took effect from April 2 and apply to banks and other authorised entities that issue and service these bonds. The changes largely focus on improving processes, tightening…
Arvind Limited‘s technical fabrics arm, Arvind Advanced Materials, is in active discussions to acquire a majority stake in Dalco Nonwovens, a US-based needlepunch nonwovens manufacturer, sources told CNBC-TV18. The deal is estimated to be valued between $125 million and $140 million. Dalco Nonwovens, headquartered in Conover, North Carolina, manufactures needlepunch nonwoven fabrics catering to the…
NEW DELHI: In a bid to wean away consumers from LPG, govt has decided to stop after three months the supply of cylinders to households which have access to piped natural gas but have shied away from taking a connection. India imports about 60% of its LPG requirement, with nearly 90% of it coming through…
Safety is becoming a key factor for car buyers in India, with increasing focus on crash protection alongside price, features and performance, driven by greater awareness and access to information. The Bharat New Car Assessment Programme (BNCAP) has supported this shift by introducing a standardised system to evaluate vehicle safety through controlled crash tests, including…
NEW DELHI: Food moving through India’s bulk supply chain will no longer travel without a clear identity.In a key overhaul of labelling norms, the Food Safety and Standards Authority of India (FSSAI) has brought non-retail and bulk food packs under mandatory disclosure rules, closing a long-standing gap in the system. The changes will take effect…
File photo: Britain’s Prime Minister Keir Starmer speaks during a press conference at Downing Street in London. (AP) London: British PM Keir Starmer on Tuesday averted a parliamentary inquiry over his choice of Peter Mandelson, a friend of Jeffrey Epstein, as British ambassador to Washington, but failed to quell questions about whether he bent the…
Ever since ‘Dhurandar 2’ has released in cinemas on March 19, the film is not just creating box office history but is also dominating all over the internet. People just cannot stop talking about the film – while some are showering love, others are talking about the performances, some are making memes and fan theories…
NEW DELHI: Congress president Mallikarjun Kharge on Friday claimed that the Narendra Modi-led government’s proposed move to amend the women’s reservation law and expand the number of parliamentary seats could violate the Model Code of Conduct and have “grave consequences”. He also asserted that the opposition will move unitedly on this.Addressing a meeting of the…
A century ago, in a quiet cabbage patch in Auburn, Massachusetts, something happened. Dr Robert H. Goddard, a Clark University Physics professor, fired up a rocket powered by liquid fuel. It flew for a mere 2.5 seconds and landed in a cabbage patch 184 feet (56 meters) as reported by NASA. This little test, on…
The BTS comeback concert at Gwanghwamun Square was nothing short of epic, as the boys took over the stage for the first time in four years to give ARMY a night they will not forget. However, after the success of the show, news reports indicate that the trouble may only just be starting. Organisers behind…
