Author name: Lisl News Desk

News Desk

India Receives 200 Proposals to Build Indigenous AI Models Under IndiaAI Mission

India Receives 200 Proposals to Build Indigenous AI Models Under IndiaAI Mission

/ Indian Market /

India has received nearly 200 proposals for developing homegrown artificial intelligence (AI) models tailored to Indian datasets, languages, and contexts under the IndiaAI Mission. This initiative aims to create indigenous AI solutions and reduce reliance on foreign models. Abhishek Singh, Additional Secretary, Ministry of Electronics and Information Technology (MeitY), stated that India has significant AI […]

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RBI to Meet Bankers Next Week for Discussions on New Liquidity Management Model

RBI to Meet Bankers Next Week for Discussions on New Liquidity Management Model

/ Indian Market /

The Reserve Bank of India (RBI) is set to meet bank economists on April 3 to discuss possible changes in its liquidity management framework. The central bank aims to ensure that borrowing costs remain better aligned with its policy rate, according to sources familiar with the matter. Currently, the RBI primarily uses a 14-day repurchase

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Trump Imposes 25% Tariff on Auto Imports, Impacting Global Car Industry

Trump Imposes 25% Tariff on Auto Imports, Impacting Global Car Industry

/ Global Market​​ /

Former U.S. President Donald Trump has announced a 25% tariff on all imported automobiles, aiming to boost domestic manufacturing. The tariffs will take effect on April 2, impacting both fully assembled vehicles and key automobile components like engines, transmissions, and powertrain parts. The move is expected to disrupt global car manufacturers, particularly in Japan, Germany,

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Vodafone Idea Seeks Spectrum Surrender to Reduce Rs 6,091-Crore Bank Guarantee Obligation

Vodafone Idea Seeks Spectrum Surrender to Reduce Rs 6,091-Crore Bank Guarantee Obligation

/ Indian Market /

Vodafone Idea (Vi) has urged the Department of Telecommunications (DoT) to permit the surrender of some spectrum acquired before 2021. This move aims to lower its bank guarantee (BG) requirement for the March 2015 auction from Rs 6,091 crore to Rs 2,900 crore, as the financially struggling telecom firm faces challenges in meeting the payment.

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India Imposes Anti-Dumping Duty on Acetonitrile Imports from China, Russia, and Taiwan

India Imposes Anti-Dumping Duty on Acetonitrile Imports from China, Russia, and Taiwan

/ Indian Market /

The Directorate General of Trade Remedies (DGTR) has recommended imposing an anti-dumping duty on Acetonitrile imports from China, Russia, and Taiwan for five years. This decision, announced on March 21, aims to protect the domestic industry from unfair pricing practices. The DGTR also stated that the duty would be equal to the lesser of the

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Ola Electric Subsidiary Resolves Dispute with Rosmerta Group, Insolvency Petition to Be Withdrawn

Ola Electric Subsidiary Resolves Dispute with Rosmerta Group, Insolvency Petition to Be Withdrawn

/ Indian Market /

Ola Electric announced on March 25 that its wholly owned subsidiary has settled all outstanding dues with Rosmerta Group, leading to the withdrawal of an insolvency petition filed against the company. The electric scooter maker informed the stock exchanges that Rosmerta Group will now withdraw its case against Ola Electric Technologies from the National Company

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UCO Bank Shares in Spotlight as It Launches ₹2,000 Crore QIP

UCO Bank Shares in Spotlight as It Launches ₹2,000 Crore QIP

/ Indian Market /

Shares of UCO Bank are expected to remain in focus as the state-owned lender launches a ₹2,000 crore Qualified Institutional Placement (QIP) on March 24. The issue is priced at ₹34.2 per share, which is at a discount compared to the bank’s previous closing price. In the past six months, UCO Bank’s stock has dropped

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Vodafone Idea Seeks More Government Help to Manage AGR and Spectrum Dues

Vodafone Idea Seeks More Government Help to Manage AGR and Spectrum Dues

/ Indian Market /

Telecom operator Vodafone Idea has approached the Indian government for additional financial assistance as it struggles to repay its adjusted gross revenue (AGR) and spectrum dues, according to a report by NDTV Profit. In a letter sent to Telecom Secretary Neeraj Mittal on March 11, the company has requested the government to convert a larger

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India’s GDP Doubles in a Decade, Set to Surpass Japan in 2025 and Germany by 2027

India’s GDP Doubles in a Decade, Set to Surpass Japan in 2025 and Germany by 2027

/ Indian Market /

India’s economy has witnessed remarkable growth, with its Gross Domestic Product (GDP) doubling from $2.1 trillion in 2015 to $4.3 trillion in 2025. This 105% increase places India among the fastest-growing major economies globally, positioning it to overtake Japan in 2025 and Germany by 2027, according to the International Monetary Fund (IMF). Based on inflation-adjusted

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