Cabinet approves two railway projects worth Rs 6405 crore across 7 districts in India jharkhand Karnataka Andhra Pradesh Atmanirbhar bharat

Prime Minister Shri Narendra Modi-led Cabinet Committee on Economic Affairs has approved two multitracking railway projects worth Rs 6,405 crore. The two projects covering seven districts across the states of Jharkhand, Karnataka and Andhra Pradesh, will increase the existing network of Indian Railways by about 318 kilometers.  The projects are in line with  Prime Minister…

Xi Jinping Braces For Struggle 

Xi Jinping China’s long standing and presumably long-term leader, well known for his use of political purges to centralize power, and ensure his ongoing position within the Chinese Leadership.  In each of his previous terms he has launched at least one major campaign that has radically changed the make-up of China’s political establishment. Recently, The…

Republican Antitrust Officials Shouldn’t Behave Like Progressives

Reference to the Republican Party’s three greatest presidents can serve as a tool with which to judge and anticipate the still unsettled course of antitrust enforcement in the second Trump administration. Trumpian antitrusters have professed their intent to break from policies of the Biden appointees Lina Khan and Jonathan Kanter. However, the 47th president’s enforcement…

Maharashtra cabinet approves up to 60% liquor duty hike; United Spirits, Radico, Allied Blenders stocks under pressure

The Maharashtra cabinet has approved a sharp increase in excise duties on liquor, marking the biggest percentage-wise hike since 2011. The move is expected to push up retail prices significantly and may cause ripple effects across the alcoholic beverages industry. As per the revised structure, excise duty on Indian Made Foreign Liquor (IMFL) has been…

Jio BlackRock gets SEBI nod to commence operations as investment adviser

Late last month, SEBI allowed Jio BlackRock Asset Management to commence operations as an investment manager for its mutual fund business in India | Photo Credit: iStockphoto Jio BlackRock Investment Advisers has received SEBI approval to commence operations in India. The company has appointed Marc Pilgrem as Managing Director and Chief Executive Officer. Pilgrem brings…