Dec 27, 2021, at 10:43 pm
New Delhi: India Post Payments Bank (IPPB) and HDFC Bank have signed a Memorandum of Understanding (MoU) for offering various banking products and services to customers of IPPB in semi-urban and rural areas, focussing on unbanked and underserved segments.
IndusInd Bank partners with NPCI to offer cross-border payments via UPI
Dec 27, 2021, at 10:41 pm
Kolkata: IndusInd Bank has joined hands with the National Payments Corporation of India (NPCI) for offering real-time cross-border remittances to India using UPI IDs, for its Money Transfer Operator (MTO) partners.
GST issue: Amit Mitra says hike will lead to loss of 15 million jobs
Dec 27, 2021, at 02:27 am
Kolkata: Former West Bengal finance minister Amit Mitra on Sunday said the proposed hike of Goods and Service Tax (GST) on textile products from five to 12 per cent would lead to loss of 15 million jobs and closure of one lakh units.
Rs 6,000 cr remitted from Bank of Baroda to Hong Kong; CBI files charge sheet
Dec 26, 2021, at 05:45 am
Delhi/IBNS: The Central Bureau of Investigation has filed two supplementary charge sheets in relation to the alleged illegal remittance of Rs 6,000 crore from Delhi's Bank of Baroda branch to Hong Kong, in the garb of payment for imports, media reported.
J&K: Greenlam Industries plans to invest Rs 950 crores
Dec 25, 2021, at 10:52 pm
Srinagar/IBNS: Greenlam Industries has announced that the company will invest Rs 950 crore to foray into Plywood and Particle Board business.
Dec 25, 2021, at 06:33 am
US auto major General Motors, Alphabet Inc's Google and its self-driving auto technolgy company Waymo have joined the growing list of companies that cancelled in-person attendance in Consumer Electronics Show (CES) to be held in Las Vegas from Januray 5 to January 8, 2022, according to media reports.
RBI to conduct another 3-day VRRR auction for Rs 2 lakh crore
Dec 25, 2021, at 05:46 am
Mumbai/IBNS: Reserve Bank of India will conduct another three day Variable Rate Reverse Repo (VRRR) auction next week in order to draw out up to Rs 2,00,000 crore.
US to waive in-person interview for H1-B visa applicants in 2022
Dec 24, 2021, at 11:58 pm
The H1-B visa applicants will not be required to appear for in person interview at the US consular offices through 2022 to reduce visa wait times, the State Department has said, media reported.
NTPC moves down 2.73 pc to Rs 121.20
Dec 24, 2021, at 11:39 pm
Mumbai/UNI: NTPC on Friday lost by 2.73 per cent to Rs 121.20 a major loser in 30 scrips of BSE.
Indian Rupee up 21 paise against USD
Dec 24, 2021, at 10:52 pm
Mumbai/UNI: The Rupee remained strong on Friday too, as it spurted 21 paise to close at 75.02 versus the greenback on brisk selling of US Dollars by bankers and importers, dealers at the Foreign Exchange said.
Indian Market: Sensex down 190.97 points
Dec 24, 2021, at 10:26 pm
Mumbai, Dec 24 (UNI) The BSE Sensex on Friday slipped by 190.97 points to close at 57,124.31 on profit booking by local operators.
UP: 240 km NH projects of worth Rs 9119 cr launched in Meerut and Muzaffarnagar
Dec 24, 2021, at 10:23 pm
New Delhi/IBNS: Union Minister for Road Transport and Highways Nitin Gadkari inaugurated and laid foundation stone of National Highway projects of 240 Km worth Rs.9119 crore in Meerut and Muzaffarnagar in Uttar Pradesh.
India signs agreements with Germany's KFW for energy reform programme in Madhya Pradesh
Dec 24, 2021, at 09:54 pm
New Delhi/IBNS: The Indian government has inked an agreement with the German Development Bank – KFW (Kreditanstalt für Wiederaufbau) Thursday for Euro 140 million reduced interest loan and Euro 2 million grant for Energy Reform Programme in Madhya Pradesh.
Dec 24, 2021, at 09:13 pm
New Delhi/IBNS: The Indian government and European Investment Bank (EIB) have signed a finance contract for first tranche loan of Euro 250 million for Agra Metro Rail Project, inauguarted by Prime Minister Narendra Modi last year through video conferencing.
Amazon seeks CCI's approval to acquire Catamaran's stake in Cloudtail
Dec 24, 2021, at 05:20 am
New Delhi/IBNS: Amazon has sought regulatory approval to acquire acquire Catamaran Venture’s entire stake in Prione Business Services, which owns Cloudtail, one of the largest sellers on the US-based ecommerce major’s Indian platform, Economic Times reported.
Govt invites comments on amendments on insolvency law
Dec 24, 2021, at 04:52 am
New Delhi/IBNS: The government on Thursday invited comments on various amendments proposed to the insolvency law.
Indian Oil to invest Rs 9,028 cr to construct new crude oil pipeline between Panipat and Mundra
Dec 24, 2021, at 04:18 am
New Delhi/IBNS: State-run refiner, Indian Oil will invest Rs 9,028 crore to construct a new crude oil pipeline between Mundra in Gujarat and Panipat in Haryana, the company said in a statement.
5G spectrum: Trai extends last date for submission of discussion papers
Dec 24, 2021, at 03:55 am
New Delhi/IBNS: The Telecom Regulatory Authority of India (Trai) has extended the deadlines for stakeholder comments and counter comments on two crucial discussion paers following requests from stakeholders.
RBI extends deadline for card tokenisation
Dec 24, 2021, at 03:30 am
Mumbai/IBNS: The Reserve Bank of India (RBI) on Thursday extended the deadline for card tokenisation till June 30, 2022.
Indigo signs codeshare agreement with Air France-KLM
Dec 24, 2021, at 02:02 am
Gurgaon/IBNS: Indigo, an Indian low-cost airline, signed a large-scale codeshare agreement with the European airline Air France-KLM on Thursday.
PM lays foundation stone of ‘Banas Dairy Sankul’ and other projects in poll bound Uttar Pradesh
Dec 24, 2021, at 01:32 am
Varanasi/IBNS: Prime Minister Narendra Modi Thursday laid the foundation stone of ‘Banas Dairy Sankul’ at the UP State Industrial Development Authority Food Park, Karkhiyaon, Varanasi.
Amazon sues ED over investigation of its 2019 deal with Future Group
Dec 23, 2021, at 11:46 pm
New Delhi/IBNS: Amazon is set to sue the Enforcement Directorate (ED) over the agency's probe in its 2019 deal with Future Group.
Amazon buys Narayan Murthy's stake in its biggest seller Cloudtail
Dec 23, 2021, at 10:15 pm
Prione Business Services, the joint venture between Narayan Murthy-led Catamaran and Amazon, will be acquired by Amazon.
Dec 23, 2021, at 09:33 pm
New Delhi/IBNS: The price of tomatoes at the all-India level, as of December 21 dropped by 12.89 percent as compared to last one week and by 23.69 percent as compared to last one month, Ministry of Consumer Affairs, Food & Public Distribution said Wednesday.
Dec 23, 2021, at 09:11 pm
New Delhi/IBNS: Niti Aayog's Atal Innovation Mission (AIM) has come up with a Vernacular Innovation Program (VIP), which will enable innovators and entrepreneurs in India to have access to the innovation ecosystem in 22 scheduled languages by the government of India.
HP starts manufacturing laptops, desktops in India
Dec 23, 2021, at 08:56 pm
Technology major HP announced the expansion of its Make in India product portfolio as it commenced manufacturing laptops, desktops and monitors at its facility near here, the company said on Wednesday.
Jhunjhunwala-backed budget carrier Akasa Air releases logo
Dec 23, 2021, at 08:48 pm
Mumbai/IBNS: Investor Rakesh Jhunjhunwala-backed budget carrier Akasa Air released its logo designed by 'inspired by elements of the sky', media reports said.
Dec 23, 2021, at 06:04 pm
New Delhi/UNI: The fuel prices continued to be steady as petrol and diesel prices remained unchanged on Thursday.
Toy imports dropped in last 3 yrs following quality control, increased custom duty: Centre
Dec 23, 2021, at 08:17 am
New Delhi/IBNS: The government has taken series of steps to promote domestic manufacturing of toys to ensure that no sub-standard, unsafe cheap toys are imported into India. Import of toys into Indian market during the last three years has shown a decreasing trend, Union minister of state for commerce and Industry told Lok Sabha in written reply on Wednesday.
Multi-pronged strategy adopted to tackle global shortage of containers: Centre
Dec 23, 2021, at 06:58 am
New Delhi/IBNS: The government has adopted a multi-pronged strategy to address the problem of shortage of containers and high freight rates, Minister of State in the Ministry of Commerce and Industry Som Parkash told Lok Sabha in a written reply today.