Vijayawada/IBNS: In a bid to "rebuild" his state after storming back to power, Andhra Pradesh Chief Minister N Chandrababu Naidu on Wednesday held a couple of meetings with an aim to bring investment and create jobs.
New Delhi/IBNS: The Reserve Bank of India (RBI) has cautioned banks against having "lakhs of accounts" used for fraudulent transactions and loan accounts' evergreening, media reports said.
Mumbai: The Secondary Market Advisory Committee (SMAC) formed by the Securities and Exchange Board of India (SEBI) is scheduled to meet on July 15 to review recommendations from an expert panel focused on futures and options, NDTV profit reported.
New Delhi: As the Finance Ministry prepares to present the full fiscal year budget for 2024-25, the National Democratic Alliance (NDA) government is considering offering central government employees a pension equivalent to 50% of their last drawn salary under the National Pension System (NPS), according to a report by the Times of India.
New Delhi/IBNS: A data released by the Reserve Bank of India (RBI) on Monday (July 8) showed that nearly 4.67 crore new jobs were created in India during the financial year 2023-24 taking the total number of employed persons in the country to 64.33 crore.
New Delhi: The government is contemplating to relax the requirement for making payments to MSMEs within 45 days of purchasing goods and services to prevent large corporations from seeking alternative sourcing options, media reported.
Kolkata: Bandhan Bank Tuesday announced that it has launched an array of trade products to facilitate global business transactions.
Mumbai: MobiKwik, one of India's largest digital financial products and services platforms, has achieved the largest number of PPI Wallet transactions by value for the months of April and May 2024.
The Indian equity market witnessed a negative trend for the fourth consecutive session on Monday with BSE Sensex slipping 36.22 points to settle at 79,960.38.
New Delhi: Pursuing its commitment to achieve net zero emissions by 2070, India is gradually transitioning away from fossil fuels and embracing renewable energy sources.
Bengaluru: The National Company Law Tribunal (NCLT) has directed Byju's to pay its employees' salaries, whether or not the company has access to funds raised through its rights issue, media reported.
New Delhi: The government is working to streamline the application process for Indian business visas for companies that have established manufacturing units in the 14 sectors covered by the production-linked incentive (PLI) scheme but are not beneficiaries of the scheme, media reported.
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Mumbai: Foreign institutional investors (FII) have shown a marked shift towards optimism in the financial services sector, purchasing shares valued at over Rs 8,100 crore during the latter half of June, reported Moneycontrol.
New Delhi/IBNS: The Government of India and the telecom regulator will not interfere or stop telecom companies from increasing prices, Economic Times reported, citing officials in the know.
New Delhi/IBNS: CMF, a sub-brand of London-based tech company Nothing Technology Limited, has announced its partnership with Indian actress Rashmika Mandanna.
New Delhi/IBNS: Union Information Technology Minister Ashwini Vaishnaw said Wednesday that the Indian government will roll out the Rs 10,000 crore India AI Mission in the next two to three months under which it will help procure computing power for the domestic industry run artificial intelligence (AI) systems.
Kolkata: Bajaj Housing Finance launched affordable and accessible housing finance product Sambhav Home Loans.
Riyadh: India's largest infrastructure firm L&T has secured contracts exceeding $4 billion from Saudi Aramco for the expansion of its gas projects.
New Delhi: India's Jammu and Kashmir received no bids in a second attempt to auction mining rights for lithium reserves discovered last year, Reuters reported citing a source with direct knowledge of the matter.
New Delhi: Poverty in India is estimated to have declined to 8.5% in 2022-24 from 21.2% in 2011-12, despite the challenges posed by the pandemic, according to a research paper by the economic think tank NCAER.
New Delhi: UPI payments are now available in the UAE through a partnership between NPCI International Payments Ltd and Network International, a key player in digital commerce across the Middle East and Africa.
New Delhi: The country's coal production surged by 14.49% to 84.63 million tonnes (MT) in June, up from 73.92 MT in the same period last fiscal year, according to the provisional government data.
New Delhi: As the Union Budget 2024 approaches, taxpayers and financial experts are keen to see if new tax deductions will be introduced or existing ones modified.
During the month of June 2024, originating freight loading of 135.46MT has been achieved against loading of 123.06MT in June 2023, which is an improvement of approx 10.07% over the last year, the Ministry of Railways said on Wednesday.
Bengaluru: Indian social media app Koo, once considered a potential future rival to the micro-blogging platform X, has shut down today, is closing down, founder Aprameya Radhakrishna announced on LinkedIn on Wednesday.
Mumbai/IBNS: Prepaid recharge plans in India are getting expensive as the hiked tariffs earlier announced by Reliance Jio and Bharti Airtel go live today, Wednesday (July 3).
New Delhi/IBNS: Since the 1991 shock, India’s steady accumulation of foreign reserves which stood at over USD 653 billion by June, comfortably surpassing the conventional thresholds for adequacy used by IMF and others, is set to act as a bulwark against any adverse geo-strategic and geo-economic factors like the Israel-Hamas and Russia-Ukraine conflicts.
New Delhi/IBNS: Air India on Monday (July 1) announced that it will set up a flying training organisation (FTO) in Maharashtra’s Amravati, and make it operational by early 2026.
New Delhi/IBNS: Punjab, which was the beacon of Green Revolution and has been the ‘food bowl’ of India, needs to shed its mono-culture farming, scrap subsidies like free power and water and reorient its industries and services to overcome slow economic growth, high debt, societal challenges like the drug menace and environmental degradation.
