The Competition Commission of India has approved the proposed acquisition of shareholding in EPL Limited by Indorama Netherlands B.V.
The proposed combination envisages the purchase of 24.9% equity share capital of EPL Limited by Indorama Netherlands B.V.
Indorama Netherlands B.V. is a limited liability company established in the Netherlands.
It is an indirect subsidiary of Indorama Ventures Public Company Limited.
EPL Limited is engaged in the business of manufacturing and sale of packaging products, including laminated and extruded plastic tubes.
Indian skipper Rohit Sharma has announced his retirement from Test cricket.
The Board of Control for Cricket in India (BCCI) confirmed in a statement that while Rohit is calling it quits to the longest format of the career, he will continue to feature in the ODI format for India.
The Government of India has designated 23rd September as the date for celebrating Ayurveda Day each year. This change, notified through a Gazette Notification dated 23rd March 2025, marks a significant shift from the earlier practice of observing Ayurveda Day on Dhanteras, which follows a variable lunar calendar.
Ayurveda Day has been commemorated annually to promote Ayurveda as a scientific, evidence-based, and holistic system of medicine that plays a pivotal role in preventive healthcare and wellness. Until now, Ayurveda Day coincided with Dhanteras, a festival observed in the Hindu month of Kartik (usually October or November).
However, as the date of Dhanteras fluctuates each year, the observance of Ayurveda Day lacked a fixed annual date.
The Ministry also noted that in the coming decade, the date of Dhanteras would continue to vary widely between 15th October and 12th November posing logistical challenges for organizing national and international observances.
To address this inconsistency and establish a stable reference point for national and global celebrations, the Ministry of Ayush constituted a committee to examine suitable alternatives. The expert panel proposed four potential dates, with 23rd September emerging as the preferred choice. This decision was guided by both practical and symbolic considerations.
Coal imports in the country during April 2024 to February 2025 fell by 9.2%, totalling 220.3 million tonnes (MT), compared to 242.6 MT in the same period of previous fiscal year. This reduction resulted in foreign exchange savings of approximately $6.93 billion (₹53137.82 crore).
Union Minister for Electronics & Information Technology, Railways, and Information & Broadcasting, Shri Ashwini Vaishnaw inaugurated two new state-of-the-art design facilities of Renesas Electronics India Private Limited, located in Noida and Bengaluru. Highlighting the uniqueness of the new facility,
Vaishnaw informed that this is India’s first design center to work on cutting-edge 3 nanometer chip design, a milestone that places India firmly in the global league of semiconductor innovation. “Designing at 3nm is truly next-generation. We’ve done 7nm and 5nm earlier, but this marks a new frontier,” he said.
He also said that 270+ academic institutions that have already received advanced EDA (Electronic, Design, Automation) software tools under the India Semiconductor Mission will also receive these hands-on hardware kits. "This integration of software and hardware learning will create truly industry-ready engineers.
The Union Territory of Jammu and Kashmir, Inland Waterways Authority of India (IWAI) under the Ministry of Ports, Shipping and Waterways sets up its new office in Srinagar’s Transport Bhawan. The office space has been provided by J&K government. Functional from today, this office will be central to all the IWT works being undertaken by the Authority in the region.
IWAI has signed a Memorandum of Understanding (MoU) with the government of Union Territory of Jammu and Kashmir to develop river navigation infrastructure in three national waterways in the Union Territory i.e. NW-26 (River Chenab), NW-49 (River Jhelum), NW-84 (River Ravi). The Authority will now start the development works under the framework of the MoU.
The Competition Commission of India has approved acquisition by the Knowledge Realty Trust of certain entities belonging to Blackstone Group and/or Sattva Group.
I. Key highlights:
Headline Inflation: Year-on-year inflation rate based on All India Consumer Price Index (CPI) for the month of April, 2025 over April, 2024 is 3.16% (Provisional). There is decline of 18 basis points in headline inflation of April, 2025 in comparison to March, 2025. It is the lowest year-on-year inflation after July, 2019.
The Securities and Exchange Board of India (Sebi) proposed regulatory relaxations for foreign portfolio investors (FPIs) investing solely in Indian government bonds under the Voluntary Retention Route (VRR) and Fully Accessible Route (FAR).