A month after opening its first American outlet, Tanishq, India's leading jewelry retail brand from the house of Tata, feels that the United States offers huge opportunities for not only itself but also for other Indian retail brands as well.

This is mainly attributed to the large presence of Indian Diaspora in the country, who are among the highest per-capita income, but also because of the interest in India, its culture and products among the Americans.

The cycle is up for engineering firms and Siemens is likely to be one of the leading beneficiaries. Apart from the generic revival in activity which is expected to continue through FY2023-24, the Budget has a strong infrastructure thrust, which works in Siemens favour.

The company reported standalone EBITDA of Rs 550 crore (up 66 per cent year-on-year or YoY) in Q1FY23 (Siemens follows a October-September accounting year).

India's Adani Power on Thursday promised to supply electricity to Bangladesh at a reduced price keeping consistent with the generation cost in the country's existing coal-fired plants.

The Adani will import the coal for its plants at the same price the Bangladeshi coal-run plants do for themselves, the mass-circulation Prothom Alo newspaper reported quoting an Adani official.

French rolling stock major Alstom and Hyderabad-based Medha Servo Drives participated in the bidding process to make 100 aluminium Vande Bharat train sets. According to industry experts, the cost of building 100 aluminium Vande Bharat trains is likely to be around Rs 30,000 crore.These will be the first aluminium train sets to be used by the Indian Railways.

The technical bids were opened on Thursday and financial bids are expected to be invited soon.

The Supreme Court on Wednesday refused to stay the Election Commission's decision to give the party name "Shiv Sena" and the symbol "Bow and Arrow" to the faction led by Maharashtra Chief Minister Eknath Shinde with the rival factions gearing up for the legal battle ahead.

The court listed the matter after two weeks and issued notice to the Shinde camp.

The Municipal Corporation of Delhi (MCD) house was adjourned for the fifth time after resuming on early Thursday morning, as AAP and BJP councillors continued to clash with each other amid heavy chaos and sloganeering.

The MCD house was adjourned for the fifth time since Wednesday. The house faced repeated disruptions amid the heavy sloganeering and chaos. As per the visuals, the situation became so chaotic that the Councillors started throwing ballot boxes in the well.

The Allahabad High Court on Wednesday imposed a fine of Rs 1 lakh on a man for filing repeated petitions against Uttar Pradesh Chief Minister Yogi Adityanath regarding the 2007 Gorakhpur riot case in spite of the issue being settled by the Supreme Court.

On January 27, 2007, a Hindu man was killed in a clash between two groups during a Muharram procession in Gorakhpur.

Prime Minister Narendra Modi on Wednesday reviewed nine key infrastructure projects spread across 13 states having a cumulative cost of more than Rs 41,500 crore.

Modi reviewed the projects while chairing the meeting of 41st edition of PRAGATI, the ICT-based multi-modal platform for Pro-Active Governance and Timely Implementation, involving the Centre and state governments.

Leader of Opposition in the Bihar Legislative Council Samrat Chaudhary on Wednesday claimed that Chief Minister Nitish Kumar is fooling coalition partner RJD, and will not hand over his post to his deputy Tejashwi Yadav.

"Nitish Kumar was thinking about moving from the post from Chief Minister of Bihar to Prime Minister of the country but his alliance partners are not accepting it. Congress has said that Rahul Gandhi will be the only person who will be the prime ministerial candidate of the opposition in the 2024 Lok Sabha election.

Sri Lanka's Board of Investment on Wednesday approved two wind power plants by India's Adani Green Energy Ltd with a total investment of $442 million, a statement issued by the board said.

"The two wind power plants of 350 MW are scheduled to be commissioned in two years and accordingly, they will be added to the national grid by 2025," the statement added.

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