PV Narasimha Rao: The Prime Minister who steered India through economic crisis with bold leadership
Feb 10, 2024, at 06:12 am
New Delhi: The Narendra Modi government on Friday announced Bharat Ratna for former Prime Minister PV Narasimha Rao posthumously. The honour is seen as a befitting tribute by the nation to the a prime minister of Congress outside the Nehru-Gandhi family.
PM Modi says White Paper exposed how UPA govt's policies were taking India on path of poverty
Feb 10, 2024, at 05:48 am
New Delhi/IBNS: Prime Minister Narendra Modi Friday that the policies followed by the country in the 10 years before 2014 were taking the country on the path of poverty and mentioned the White Paper tabled in the Budget Session of Parliament regarding this has proved so.
Hyundai India IPO: Company picks up JP Morgan, Citi, and HSBC as advisors, says report
Feb 10, 2024, at 04:21 am
Mumbai: Hyundai Motor, the South Korean automotive company, has proposed an initial public offering (IPO) for its India division. It has selected JP Morgan, Citi, and HSBC as advisors for the potential IPO, aiming to raise an estimated $3 billion to $3.5 billion, Moneycontrol reported citing various anonymous industry insiders.
Tata Steel’s Kalinganagar and Meramandali plants receive ResponsibleSteel Certification
Feb 10, 2024, at 04:16 am
Mumbai: Tata Steel’s Kalinganagar and Meramandali plants have received the prestigious ResponsibleSteel Certification.
Sensex spikes 167.06 points as market closes
Feb 09, 2024, at 11:16 pm
The BSE Sensex on Friday rose 167.06 points to close at 71,595.49 following gains in oil and gas, metals, and utilities stocks.
Market experts divided on RBI's choice to maintain key policy rate
Feb 09, 2024, at 06:12 am
New Delhi: As widely anticipated by financial markets and policy observers, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) opted to maintain the policy repo rate at its current level of 6.50 percent during its meeting on Thursday.
Mukesh Agrawal appointed Coal India’s new Director (Finance)
Feb 09, 2024, at 05:07 am
Kolkata: Mukesh Agrawal took over as Director (Finance) of Coal India Limited (CIL), the Maharatna public sector coal mining monolith, on Thursday.
Apollo Hospitals Q3FY24 Consolidated PAT grows 60% to Rs 2,453 million
Feb 09, 2024, at 04:51 am
Mumbai: Apollo Hospitals, one of India’s leading healthcare providers, reported Rs. 2,453 million Profit After Tax (PAT) for the third quarter of FY24, demonstrating a notable increase of 59.87% from Rs. 1,535 million recorded in Q3FY23.
LIC Q3FY24: Profit grows 49% YoY to Rs 9,441 cr
Feb 09, 2024, at 04:45 am
Mumbai: The Life Insurance Corporation (LIC) of India announced a 49 percent surge in net profit to Rs 9,441 crore for the October-December quarter of the fiscal year 2023-24, an increase from the Rs 6,334 crore reported in the same period last year.
Bengal: Cash strapped Mamata Banerjee-govt presents Rs 3.6 lakh crore budget
Feb 09, 2024, at 03:58 am
Kolkata/IBNS/UNI: Finance Minister Chandrima Bhattacharya on Thursday presented a Rs 3.6 lakh crore budget for West Bengal for 2024-25 with a slew of benefits expanding assistance to the poor and common people ahead of the Lok Sabha election.
Parliament approves Finance and other appropriation bills after discussion
Feb 09, 2024, at 02:33 am
New Delhi/IBNS/UNI: The Parliament Thursday gave its nod to the Narendra Modi government's interim Budget with Rajya Sabha returning the Finance Bill 2024 and related appropriation bills after discussion.
Discovering India's Best Online Casinos: A Comprehensive Guide
Feb 08, 2024, at 11:22 pm
In recent years, India's online casino scene has witnessed a remarkable transformation, evolving into a vibrant and diverse playground for enthusiasts seeking the thrill of real money gaming. Amidst this burgeoning landscape, finding the right online casino can be a daunting task, especially for those new to the digital realm of gambling. This comprehensive exploration delves into the intricate world of online casinos in India, offering insights and guidance to navigate this dynamic environment.
RBI keeps repo rate unchanged at 6.5%, pegs FY25 GDP growth at 7 percent
Feb 08, 2024, at 05:10 pm
Mumbai/UNI: As widely expected by markets and policy-watchers, the Reserve Bank of India (RBI)'s Monetary Policy Committee (MPC) on Thursday decided to keep the policy repo rate unchanged at 6.50 per cent.
L&T construction wins orders for power transmission & distribution business
Feb 08, 2024, at 07:41 am
Mumbai: Larsen & Toubro (L&T), an engineering major, said on Wednesday that its Power Transmission & Distribution (PT&D) business has won multiple orders in India and the Middle East.
HDFC Bank raises $ 300 million through maiden Sustainable Finance Bond Issue
Feb 08, 2024, at 07:37 am
HDFC Bank Limited has announced that it has raised $ 300 million through its first-ever sustainable finance bond issue.
India ranks 38 out of 139 countries in World Bank's Logistics Performance Index Report 2023
Feb 08, 2024, at 07:22 am
New Delhi: India has been ranked 38 out of 139 countries in the World Bank's 'Logistics Performance Index Report (2023): Connecting to Compete 2023'.
ONGC, NTPC enter JV to set up offshore wind energy projects
Feb 08, 2024, at 07:03 am
Goa: India's leading oil producer ONGC and the country's largest power company NTPC signed a joint venture agreement on Wednesday to establish offshore wind energy projects, marking a significant stride towards enhancing cooperation in the renewable energy sector. This agreement was signed during India Energy Week.
Mubadala, Novo Holdings and CalPERS acquire minority stakes in Manipal Health Enterprises
Feb 08, 2024, at 06:01 am
Bangalore/Kolkata: Mubadala Investment Company (Mubadala), Novo Holdings and California Public Employees’ Retirement System (CalPERS) have acquired a minority stakes in Manipal Health Enterprises from Singapore-headquartered investment company Temasek.
BSE PSU Index outperforms Nifty 50 over past 5 years, analysis shows
Feb 08, 2024, at 05:32 am
Mumbai: The trend over the last five years show that the BSE PSU Index has demonstrated an impressive annualized return of 28%, nearly doubling that of the Nifty 50, according to DSP Mutual Fund Annual Note 2024.
RBI likely to keep policy repo rate unchanged in the next MPC meet: Quantum AMC
Feb 08, 2024, at 04:56 am
Mumbai: The Reserve Bank of India (RBI) is likely to keep the policy repo rate unchanged in the upcoming monetary policy review meet, according to Quantum Asset Management.
Feb 08, 2024, at 04:36 am
Mumbai: The recent measures enacted by the Reserve Bank of India (RBI) concerning Paytm Payments Bank serve the interest of consumers and the broader Indian economy, according to Financial Services Secretary Vivek Joshi.
TotalEnergies, ONGC partner to detect and measure methane emissions in India
Feb 08, 2024, at 04:27 am
Kolkata: TotalEnergies and Oil and Natural Gas Corporation (ONGC) have signed a cooperation agreement to carry out a methane emissions detection and measurement campaign at the India Energy Week 2024.
Feb 08, 2024, at 12:21 am
Tata Consultancy Services (TCS) has given the last deadline to its employees who are still working from home.
Federal Bank launches RuPay backed NCMC wallet Debit Cards
Feb 07, 2024, at 11:22 pm
Federal Bank becomes one of the earliest private sector banks to launch NCMC integrated Debit cards.
Feb 07, 2024, at 11:19 pm
The BSE Sensex on Wednesday fell marginally by 34.09 points to settle at 72,152 on profit booking by local operators.
Spice Money's user network grows 12.67% in West Bengal in 2023
Feb 07, 2024, at 08:18 am
Kolkata: Rural fintech company Spice Money, a subsidiary of DiGiSPICE Technologies, has launched the Spice Money Guarantee Drive in West Bengal.
India Energy Week: PM Modi announces $67 billion investment plan
Feb 07, 2024, at 06:50 am
New Delhi: Prime Minister Narendra Modi announced an unprecedented investment initiative of $67 billion in the natural gas supply chain over the next 5-6 years during his address at the second edition of the India Energy Week in Goa on Tuesday.
Feb 07, 2024, at 06:25 am
New Delhi: Fintech unicorn BharatPe has been served a notice by the Ministry of Corporate Affairs (MCA) under Section 206 of the Companies Act, asking the company to furnish details regarding legal actions taken against its founder, Ashneer Grover.
Titagarh Rail Systems Q3FY24 PAT grows 91% YoY to Rs 75.03 cr
Feb 07, 2024, at 05:38 am
Kolkata: Titagarh Rail Systems Ltd, formerly known as Titagarh Wagons Ltd, reported a standalone net profit of Rs 75.03 crores in the quarter ending December 31, 2023, an increase of 91% over Rs 39.22 crore in the same period of the last financial year.
Amid crisis after RBI restrictions, Paytm founder meets Nirmala Sitharaman
Feb 07, 2024, at 05:20 am
New Delhi: Paytm founder and CEO Vijay Shekhar Sharma on Tuesday met Finance Minister Nirmala Sitharaman amid the crisis in the company's banking arm, following Reserve Bank of India’s (RBI), media reports said, citing sources.