ITC to buy Sresta Natural for ₹472.5 cr, hikes stake in Mother Sparsh to 100%
Hemant Malik, Executive Director, ITC Ltd Diversified conglomerate ITC on Thursday announced that it will acquire 100 per cent share capital of Sresta Natural Bioproducts, an Indian company primarily engaged in the business of manufacture and sale of organic packaged food products, for a cash consideration of up to ₹472.50 crore. The Kolkata-headquartered conglomerate also…
EU Naval Force proposes exercise to strengthen maritime cooperation
Vice Admiral Ignacio Villanueva Serrano visiting IFC-IOR. April 17, 2025. | Photo Credit: X/@IFC_IOR The European Union Naval Force (EUNAVFOR) Operation ATALANTA, which operates in the Western Indian Ocean and the Red Sea, has proposed a joint exercise with the Indian Navy towards the end of May, its Operation Commander Vice Admiral Ignacio Villanueva Serrano…
The American Institute for Economic Research (AIER) Announces Leadership Change
Great Barrington, Massachusetts, April 17, 2025 — The American Institute for Economic Research (AIER), one of the oldest and most respected nonpartisan economic research and education organizations in the United States dedicated to promoting the ideas of individual freedom, free markets, sound money, and limited government, today congratulates its President, Dr. William Ruger, on his…
Gujarat unveils SpaceTech Policy 2025–30 to boost space sector investments
In collaboration with INSPACe and the Department of Space, Gujarat plans to set up a dedicated space manufacturing park with advanced infrastructure and common technical facilities, aiming to make the state a hub for space tech enterprises. | Photo Credit: iStockphoto Gujarat government on Thursday notified the Gujarat SpaceTech Policy (2025-2030) providing fiscal and non-fiscal…
Murshidabad violence: 274 arrested, 60 FIRs lodged
Rapid Action Force (RAF) personnel conduct a route march in the violence hit area which broke out during a protest against the Waqf (Amendment) Act 2025, in Murshidabad on April 17, 2025 | Photo Credit: ANI KOLKATA The West Bengal police said on Thursday (April 17, 2025) that 60 FIRs have been lodged in connection…
The American Institute for Economic Research (AIER) Announces Leadership Change
Great Barrington, Massachusetts, April 17, 2025 — The American Institute for Economic Research (AIER), one of the oldest and most respected nonpartisan economic research and education organizations in the United States dedicated to promoting the ideas of individual freedom, free markets, sound money, and limited government, today congratulates its President, Dr. William Ruger, on his…
Govt appoints ICRISAT scientist ML Jat as new ICAR Director-General
The government has appointed Mangi Lal Jat as Director-General of Indian Council of Agricultural Research (ICAR) for a period of three years. He will also be ex-officio Secretary of the Department of Agricultural Research and Education (DARE) under the Ministry of Agriculture and Farmers Welfare. “The Appointments Committee of the Cabinet has approved the appointment…
Over 100 ft tall Lord Murugan statues to come up in 3 temples in Tamil Nadu: HR and CE Minister
P.K. Sekarbabu | Photo Credit: M. KARUNAKARAN Three statues of Lord Murugan, all over 100 feet tall, would be installed at three temples in the State, Minister for Hindu Religious and Charitable (HR and CE) Endowments P.K. Sekarbabu announced in the Assembly on Thursday. A statue of Lord Murugan, measuring 184 feet tall, would be…
Business Conditions Monthly February 2025
In February 2025, the AIER Business Conditions Monthly indicators painted a picture of a moderately slowing but still resilient US economy. The Leading Indicator held at 54 for the second consecutive month, suggesting that forward-looking momentum is plateauing amid growing headwinds. The Roughly Coincident Indicator remained steady at 67, reflecting modest strength in current economic…
