Mumbai: The Reserve Bank of India (RBI) should stop hiking the key lending rate in view of the current uncertainties in the global business environment, Assocham President and SpiceJet CEO Ajay Singh said on Tuesday.
Mumbai: Adani Group is in talks with at least half a dozen banks for a loan of about $220 million, its first since the negative by US-based short-seller Hindenburg Research last January, Bloomberg reported.
Kolkata/IBNS: According to the report, the demand for finance professionals is driven by the resumption of economic activities post-COVID, and the critical time for tax returns is from January to June.
New Delhi/IBNS: The Ministry of civil aviation has disbursed nearly Rs 30 crores to the beneficiaries during FY 2022-23 under the PLI Scheme for drones and drone components, an official statement said on Tuesday.
Kolkata: Syama Prasad Mookerjee Port (SMP), Kolkata achieved an all-time high cargo handling with 65.66 million tonnes (MT) of shipments in 2022-23, recording a 12.87 percent high from the previous mark of 58.175 million tones in 2021-22, company chairman PL Haranath said on Tuesday.
Mumbai/IBNS: Tata-owned hospitality company Indian Hotels Company (IHCL) bagged top honours for training at the Golden Peacock Awards, 2023.
New Delhi/IBNS: India’s largest iron ore producer, NMDC crosses 41 Million Tonne (MT) production of iron ore for the second fiscal in a row, the Ministry of Steel said on Tuesday.
Paris: French luxury goods tycoon Bernard Arnault, who heads mega-corporation LVMH Moet Hennessy Louis Vuitton (LVMH), has edged US entrepreneur Elon Musk out of the top of Forbes' list of the world's richest billionaires this year, the magazine reported on Tuesday.
Industry experts believe that Indian smartphone export is likely to have crossed USD 10 billion (over Rs 82,000 crore) in the just-ended financial year 2023.
New Delhi: India and Malaysia can now settle their trade in Indian Rupee (INR) in addition to the current modes of settlement in other currencies, the government announced on Saturday.
New Delhi: The gross GST revenue collected in the month of March 2023 is Rs. 1,60,122 crore of which CGST is Rs. 29,546 crore, SGST is Rs. 37,314 crore, IGST is Rs. 82,907 crore (including Rs. 42,503 crore collected on import of goods) and cess is Rs. 10,355 crore (including Rs. 960 crore collected on import of goods).
New Delhi: In the financial year 2022-2023, procurement of goods and services from government portal Government e Marketplace (GeM) has crossed the Rs 2 lakh crore mark, which is a remarkable achievement, said Union Commerce and Industry Minister Piyush Goyal, in Mumbai on Saturday.
New Delhi: The Ministry of Finance issued the Gazette Notifications for Mahila Samman Savings Certificates, 2023 and has been made available in 1.59 lakh post offices with immediate effect.
New Delhi: Public sector Union Bank of India has operationalised the mechanism to allow Indian and Malaysian traders to invoice and settle the trade in Indian Rupee (INR).
New Delhi: The government on Friday announced hike in interest rates on various small savings schemes such as Senior Citizens Savings scheme, Sukanya Samriddhi Account and National Savings Certificate by upto 70 basis points for April-June quarter (Q1) of financial year 2023-24.
New Delhi/UNI: The oil marketing companies on Saturday slashed prices of cooking gas cylinders about Rs 92 per cylinder.
New Delhi: A direct flight between Indore and Sharjah on Friday was flagged off today by Civil Aviation Minister Jyotiraditya Scindia.
Mumbai: Zee Entertainment Enterprises Ltd (ZEEL) on Thursday announced that it has reached a one-time settlement agreement with Standard Chartered Bank in connection with the credit availed by Siti Networks, a subsidiary of the Essel Group, media reports said.
New Delhi: Authum Investments and Infrastructure has completed the takeover of Reliance Home Finance, following the Supreme Court's ruling against Bombay HC's order from December 2022, according to media reports.
New Delhi: India on Friday introduced a "dynamic and adaptable" Foreign Trade Policy (FTP) that will remain in effect indefinitely from April 1 with the objective to attain $2 trillion in goods and services exports by 2030, while also promoting trade settlements in rupees and following the worldwide principle of not exporting duties.
Mumbai: India's foreign exchange reserves jumped $5.98 billion to $578.78 billion as on March 24, 2023, Reserve Bank of India (RBI) data showed on Friday.
New Delhi/IBNS: State-run power generator NTPC has registered the highest-ever output of 400 BU in FY23, a growth of 10.80% vis-à-vis the previous year, according to an official statement.
New Delhi: Air India introduces an all-new Premium Economy experience for travellers, offering a superior cabin product, world-class inflight services, and added on-ground convenience.
Tezpur: Locals have cultivated a large variety of vegetables at an agricultural facility in the Pabhoi region in Biswanath of Assam.
New Delhi: The combined Index of Eight Core Industries (ICI) increased by 6.0 per cent (provisional) in February 2023 as compared to the Index of February 2022.
New Delhi: Last year, the Reserve Bank of India, permitted cross-border inbound Bill Payments to be received under the rupee drawing arrangement (RDA) through the Bharat Bill Payment System (BBPS).
New Delhi: Over 10.97 million mobile numbers were seeded in Aadhaar following requests from residents in the month of February 2023, a jump of more than 93 per cent over the previous month, the Indian government said on Friday.
New Delhi: Telecommunication major Bharti Airtel and India Post Payments Bank (IPPB) on Friday announced the launch of WhatsApp Banking Services for IPPB customers, enabling them to access banking services on their mobile phone.
Mumbai/Kolkata: Bandhan Bank, one of the fastest-growing banks in the country, announced the opening of 50 branches on the last day of the financial year.
Kolkata: The US Consulate Kolkata collaborated with KIIT Technology Business Incubator to host a three-day 'Regional Startup Network (RSN)' advanced workshop at the American Center, starting on Thursday, to build entrepreneurial capacities of select startups from India, Nepal, Bhutan, and Bangladesh.
