NTPC's first 800 MW Super Thermal Power Project set up in Telangana
Hyderabad: The first 800 MW Unit of phase 1 of the Telangana Super Thermal Power Project of NTPC has been installed in the Peddapalli district.
IBNS•Oct 04, 2023
Finance
Business and financial news
Blue Dart to implement general price increase from Jan 1
Mumbai: Blue Dart Express Limited, an express air and integrated transportation and distribution express logistics company, Tuesday announced its General Price Increase (GPI), effective from January 1st, 2024.
IBNS•Oct 04, 2023
Bank of Baroda awarded Payment Card Industry Data Security Standard (PCI DSS) Compliance Certificate by SISA
Mumbai: Public sector lender Bank of Baroda (Bank) has been awarded the prestigious Payment Card Industry Data Security Standard (PCI DSS) compliance certificate by SISA, a leading forensics-driven cybersecurity solutions company.
IBNS•Oct 04, 2023
Indian Market: Sensex falls 286.06 pts
The BSE Sensex on Wednesday lost another 286.06 pts to settle at 65,226.04 on foreign fund outflows amid weak Asian Market.
IBNS•Oct 04, 2023
Honda Motorcycle & Scooter India sells over 5 Lac units in September
Kicking-off the festive season, Honda Motorcycle and Scooter India (HMSI) has crossed 5 Lac sales mark in September’23 – the highest for FY’2023-24.
IBNS•Oct 04, 2023
SBI launches ‘Mobile Handheld Device’
The State Bank of India on Wednesday said it is availing banking services has announced introduction of 'Mobile Handheld Device’ for its FI customers.
IBNS•Oct 04, 2023
India's Sept coal prodn grows 16% Y-o-Y to 67 MT
New Delhi: India produced 67.21million tonne (MT) of coal in September, surpassing the figures of 58.04 MT of the corresponding month in previous year, representing an increase of 15.81%.
IBNS•Oct 04, 2023
India needs to grow at 8%, more female workers in high quality jobs to reach developed country status: World Bank report
New Delhi: World Bank senior economist Dhruv Sharma has said India must achieve an approximate growth rate of 8 percent to attain developed country status by 2047, and underscored that achieving such rapid growth is unlikely with the current low level of female workforce participation, media reported.
IBNS•Oct 04, 2023
RBI's Monetary Policy Committee likely to keep repo rate steady at 6.50%: Report
Mumbai: Experts are anticipating that the Monetary Policy Committee (MPC) will keep the repo rate steady at 6.50 percent and sustain a stance of 'Withdrawal of Accommodation' in the forthcoming October monetary policy.
IBNS•Oct 04, 2023
HDFC Bank making changes to top management after mega merger
Mumbai: HDFC Bank is revamping its top management to bolster its mortgage business following its acquisition of another lender three months ago, Bloomberg reported.
IBNS•Oct 03, 2023
Abu Dhabi's International Holding Company increases stake in Adani Enterprises by 5%
Mumbai: After divesting its shares in two Adani Group firms, Abu Dhabi's International Holding Company (IHC) announced on Tuesday that it has increased its stake in the group's primary entity, Adani Enterprises Ltd, to over 5 percent, reported Moneycontrol.
IBNS•Oct 03, 2023
GST Payment for E-Commerce Businesses: Challenges and Solutions
In the realm of e-commerce, GST Payment represents a significant aspect that businesses need to handle efficiently. The introduction of the Goods and Services Tax (GST) in India marked a revolutionary tax reform aiming to subsume multiple indirect taxes into a unified system. However, for e-commerce businesses, it has brought along its own set of challenges. This article will dive deep into these challenges and introduce you to feasible solutions to significantly ease the process.
IBNS•Oct 03, 2023
Indian Market: Sensex down 316.31 pts
The BSE Sensex on Tuesday dropped 316.31 pts to close at 65,512.10 because of foreign fund outflows amid sluggish Asian Market.
IBNS•Oct 03, 2023
Hyundai announces six airbags as standard for all models
Automobile major Hyundai Motor India Limited (HMIL)on Tuesday announced three key announcements cementing HMIL’s proactive approach towards introducing safer mobility solutions for Indian customers.
IBNS•Oct 03, 2023
World Bank pegs India's FY24 GDP growth at 6.3%
New Delhi/UNI: The World Bank has projected India’s GDP growth for the current financial year 2023-24 at 6.3% even as global headwinds continue to persist and intensify further due to high interest rates, geopolitical tensions and sluggish global demand.
IBNS•Oct 03, 2023
IndiGo commences operations between Delhi-Itanagar
Private airlines major IndiGo has commenced exclusive direct flights between Delhi and Itanagar, effective October 2, 2023.
IBNS•Oct 02, 2023
Govt extends tenure of CBDT Chairperson Nitin Gupta
New Delhi: CBDT Chairperson Nitin Gupta, a 1986-batch IRS officer, received a nine-month extension in service on a contract basis from the Union government on Saturday, media reports said.
IBNS•Sep 30, 2023
IREDA upgraded from ‘Schedule B’ to 'Schedule A' CPSE
New Delhi: Renewable Energy Development Agency Ltd (IREDA), the largest pure-play green financing Non-Banking Finance Company in India, has been upgraded from 'Schedule B' to the 'Schedule A' category of Central Public Sector Enterprises.
IBNS•Sep 30, 2023
India retains the 40th Position in Global Innovation Index 2023
New Delhi: India retained the 40th position out of 132 economies in the Global Innovation Index (GII) 2023, reflecting a remarkable journey from its 81st rank in 2015 to this notable achievement.
IBNS•Sep 30, 2023
EPFO extends three months’ time for employers to upload wage details by Dec 31
New Delhi: The Central Board of Trustees of EPFO has extended the time, for the employers to submit wage details and other required information till December 31, 2023.
IBNS•Sep 30, 2023
Govt's total gross liabilities grow 2.2% Q-o-Q to Rs 1,59,53,703 cr
New Delhi: The total gross liabilities of the government, including those under the 'Public Account', saw a marginal increase to Rs 1,59,53,703 crore from Rs 1,56,08,634 crore in end-March 2023, reflecting a 2.2% quarter-on-quarter rise in Q1 FY24.
IBNS•Sep 30, 2023
RBI extends deadline for returning Rs 2000 bank notes till October 7
The Reserve Bank of India (RBI) on Saturday extended the deadline for exchanging or depositing Rs 2000 banknotes by a week to October 7, 2023.
IBNS•Sep 30, 2023
Kolkata: US Consulate General, Aroh Foundation, Nexus Start-up Hub organize boot camp, pitching event for 20 women entrepreneurs
The U.S. Consulate General Kolkata, in partnership with the Aroh Foundation and Nexus Start-up Hub, organized a boot camp and Shark Tank Style Pitching Event for a group of nearly 20 women entrepreneurs on Friday in Kolkata.
IBNS•Sep 30, 2023
Vee Technologies adds fourth facility in Bengaluru
Bengaluru: To cater to its growing services business, IT and Tech firm Vee Technologies has added a new development facility at Hebbal, its fourth in Bengaluru.
IBNS•Sep 30, 2023
SCO meeting for trade and economy ministers: India highlights initiatives for promotion of trade and investment, digitalisation, cross-border payment system
New Delhi: Union Minister of State for Commerce & Industry Anupriya Patel stressed harnessing the opportunities available to the SCO region, which accounts for 40% of the global population and 30% of the world's economy, for mutually beneficial, balanced and equitable growth
IBNS•Sep 30, 2023
NLC India Ltd inks Power Purchase Agreement with GRIDCO Ltd for 800MW
Bhubaneshwar: NLC India Limited (NLCIL) and GRIDCO Ltd on Friday signed a Power Purchase Agreement (PPA), the Ministry of Coal said in a statement.
IBNS•Sep 30, 2023
Coal Ministry signs agreement with six successful bidders for commercial mining of 91 mines
New Delhi: The Ministry of Coal has executed agreements with six successful bidders of coal mines under Commercial Mining in the 7th round of auctions on Friday.
IBNS•Sep 29, 2023
Vedanta announces demerger of business into 6 entities
New Delhi / London: Vedanta Ltd on Friday announced its plan to demerge its business units into independent “pure play” companies to unlock value and attract big-ticket investment into the expansion and growth of each of the businesses.
IBNS•Sep 29, 2023
L&T Finance partners with Ather Energy to offer up to 100% of Loan-to-Value (LTV) on EVs
Mumbai: L&T Finance, a Non-Banking Financial Company (NBFC), on Friday announced a partnership with EV manufacturer Ather Energy.
IBNS•Sep 29, 2023
US economy: Consumer spending grows in Aug, underlying inflation eases
Washington: Consumer spending in the U.S. rose in August, although the core inflation rate, excluding food and energy, showed a decrease, falling below 4.0% compared to the previous year, Reuters reported.
IBNS•Sep 29, 2023
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