Business and financial news
New Delhi: The originating freight loading of 134 MT was achieved in May 2023 against loading of 131.50 MT in May 2022, an improvement of nearly 2% over the last year, the Ministry of Railways said on Thursday.
New Delhi: The construction of a 2-lane Jaiswal Bridge over the Chenab river on the Udhampur-Ramban section of NH-44 in Jammu and Kashmir has been completed, Union Minister Nitin Gadkari said on Thursday.
New Delhi: The first round table joint meeting between India and New Zealand with the industry and industry associations of both countries took place today in New Delhi.
New Delhi: The coal ministry has issued vesting orders for 22 coal mines to successful bidders of coal blocks under a commercial coal mine auction here on Thursday.
Kolkata:Liberty General Insurance has launched a dedicated 24/7 helpline for its policyholders impacted by the Odisha railway mishap.
Mumbai/UNI: Amid downward trend in retail inflation and staying in its target range, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Thursday kept the repo rate unchanged at 6.5%.
Mumbai: Life Insurance Corporation of India (LIC), the largest insurance company in India, has raised its ownership stake in Tech Mahindra, an IT services provider, through open market transactions.
Mumbai: The Reserve Bank of India (RBI) Wednesday said it has included eight more entities and platforms to the alert list of unauthorised forex trading platforms.
Kolkata: SBM Bank India Wednesday unlocked exclusive, on-invitation access to the world of luxury with the launch of the SBM World Elite Metal Debit Card.
New Delhi: The Union Cabinet on Wednesday approved a metro connectivity project from HUDA City Centre to Cyber City with Spur to Dwarka Expressway, Gurugram covering a distance of 28.50 km having 27 stations on the route.
New Delhi: The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi on Wednesday approved a hike in minimum support price (MSP) for Kharif crops for marketing season 2023-24.
New Delhi: The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi on Wednesday approved the continuation of the central sector scheme of “Exploration of Coal and Lignite scheme” with an estimated expenditure of Rs 2,980 crore from 2021-22 to 2025-26 co-terminus with the 15th Finance Commission cycle.
New Delhi: In a significant move, as part of the revival strategy, the Union Cabinet chaired by Prime Minister Narendra Modi, on Wednesday approved the third revival package for BSNL with the total outlay of Rs. 89,047 crore.
Mumbai: ICICI Prudential Life Insurance has relaxed the claim settlement process for the families impacted by the Odisha train accident, a press release said on Tuesday.
Mumbai: Bajaj Allianz Life Insurance has implemented special provisions to address the needs of its policyholders affected by the tragic train accident in Odisha.
The Indian government is considering the inclusion of refractories in the upcoming Production Linked Incentive Scheme 2.0 for the steel sector with the aim to increase the country's steel production capacity to 300 million tonnes by 2030, media reports said.
New Delhi: The government on Tuesday announced the removal of the 40 percent procurement ceiling on three pulses--tur, urad, and masur-- under the price support scheme (PSS) for the crop year 2023-24 (July-June).
Mumbai: The Financial Services Institutions Bureau (FSIB) has put forth the names of Sat Pal Bhanoo and R Doraiswamy as its recommendations for the role of Managing Director at LIC of India, Moneycontrol reported.
Mumbai: Sequoia India & Southeast Asia, a prominent venture capital firm, has undergone a rebranding and is now known as Peak VX Partners, media reports said.
Mumbai: The Reserve Bank on Tuesday allowed international banking units (IBUs) located in GIFT City, Gujarat, to settle non-deliverable foreign exchange derivative contracts (NDDCs) using the Indian rupee.
Kolkata: Automobile major Ashok Leyland, the Indian flagship company of the Hinduja Group and India’s leading commercial vehicle manufacturer, on Tuesday, said it is aiming to touch its pre-pandemic level of sales in medium and heavy commercial vehicles (MHCV) in Financial Year 2023-24 (FY24).
New Delhi: FMCG major DS Group, popularly known for making Rajnigandha pan masala, on Tuesday announced the acquisition of The Good Stuff Pvt Ltd, which owns the LuvIt Chocolate and Confectionery brand.
Hyderabad: GMR Hyderabad International Airport Ltd, a step-down subsidiary of GMR Airports Infrastructure Ltd, on Tuesday announced the divestment of around 8,18,000 sq ft of its warehouse facility located at the Hyderabad airport.
Delhi: Fintech company BharatPe Tuesday announced the appointment of Kohinoor Biswas as the Head - Consumer Lending.
New Delhi: India’s coal sector is fully prepared to meet the enhanced domestic demand of the country’s fast-paced economy and there will be no shortage of coal amid the summer and monsoon months, Coal Minister Pralhad Joshi said on Tuesday.
New Delhi: The development of a 25 km 2-lane highway with hard shoulders, in Nagaland, from Chakabama to Zunheboto, aims to bolster connectivity with neighbouring states in the northeast region, said Union Minister Nitin Gadkari.
Apple Monday launched Apple Vision Pro at the company's annual Worldwide Developers Conference.
Apple Monday announced a new MacBook Air model with a 15-inch display, powered by the company's M2 chip under the hood.
Mumbai: The Insurance Regulatory and Development Authority of India (IRDAI) has directed insurance companies to proactively initiate the settlement of claims for the victims of the Odisha train tragedy, The Economic Times (ET) reported.
Kolkata: Amazon Fashion has announced the 12th edition of its Wardrobe Refresh Sale with deals across a wide selection of the most loved fashion and beauty.
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