May 24, 2026

widen

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Green metals push: AM Green, Mitsui sign MoU to explore low-carbon aluminium; energy transition ties widen

contact@dailyupdatesindia.com03 mins

India’s AM Green and Japan’s Mitsui & Co are exploring a strategic partnership for the energy transition. This collaboration includes potential investments in AM Green’s integrated green aluminium platform, aiming to support the world’s first fully integrated green aluminium production facility. Discussions also cover offtake agreements for low-carbon aluminium. India’s AM Green and Japan’s Mitsui…

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Consumer tech expansion: Philips to widen India portfolio with global products; focus on male grooming, mother and child care

contact@dailyupdatesindia.com02 mins

Philips India is set to broaden its footprint in the domestic market by introducing more global product lines and strengthening its offerings in male grooming and mother and child care, responding to rising consumer demand for premium personal care products.The company, which recently rolled out its rechargeable intimate skin-protect grooming product, OneBlade, aimed at Gen…

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RBI to widen scope of work, power for ombudsman

contact@dailyupdatesindia.com01 mins

MUMBAI: RBI has come out with a draft Ombudsman Scheme 2025, which proposes giving the RBI ombudsman broad powers to resolve customer grievances, removing limits on the financial value of disputes and introducing high ceilings for compensation. The move is aimed at providing a cost-effective, non-adversarial mechanism to handle complaints against regulated entities.Under the draft,…

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GST rate cut impact on exchequer likely minimal, to boost consumption and widen tax base: Crisil

contact@dailyupdatesindia.com02 mins

The Goods and Services Tax (GST) Council’s decision to shift from four slabs to a simpler two-rate structure of 5 per cent and 18 per cent from September 22 is unlikely to weigh on government finances, ratings firm Crisil has said.In its latest report, Crisil noted that the government has estimated a short-term annualised revenue…

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