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India's FSSAI Issues Notices to Beverage Companies Over Flavor and Age Claims
India's food regulator FSSAI has issued notices to alcoholic beverage manufacturers for unauthorized use of added flavors and non-compliance with age-related claims on labels, violating food safety regulations.
Tata Group's Assam Semiconductor Facility to Receive Rs 14,044 Crore in Government Incentives
The Tata Group's new semiconductor facility in Assam, an investment of Rs 27,000 crore, will receive Rs 14,044 crore in government incentives. The project is expected to create over 27,000 jobs and boost India's semiconductor ecosystem.
Sukanya Samriddhi Account: Interest Rate, Investment, and Tax Benefits
The Sukanya Samriddhi Account (SSA), a government-backed savings scheme launched in 2015, offers an 8.2% annual interest rate. Parents can invest up to Rs 1.5 lakh annually for 15 years, building a tax-exempt corpus for a girl child's education and marriage, maturing in 21 years.
Bank Credit Growth to Moderate in FY27 as Corporates Favor Market Funding
Bank credit growth is projected to slow in FY27 as large corporations increasingly tap domestic bond markets and overseas borrowings. This shift is driven by Reserve Bank of India policies making external funding more attractive, reducing reliance on traditional bank loans. Overall credit demand remains strong, but banks will finance a smaller portion.
Maruti Suzuki Plans to Add 500 New Service Points in India This Fiscal Year
Maruti Suzuki India Ltd plans to expand its service network by adding approximately 500 new service points across India in the current fiscal year. The company recently inaugurated its 6,000th service touchpoint, highlighting its commitment to enhancing customer experience.
Volkswagen Uses 100 Sheep for Vegetation Management at Polish Solar Farm
Volkswagen's plant in Poznań, Poland, is using 100 sheep to manage vegetation at its 18.3 MW solar farm. This agrivoltaics approach cuts machinery use, reduces emissions, and allows researchers to study coexistence of renewable energy and agriculture.