SEBI issues new regulation for Execution-only platforms for direct mutual funds
Jun 14, 2023, at 06:10 am
Mumbai: Execution-only platforms (EOPs) are now required to register with the regulators and are prohibited from offering regular plans of mutual fund schemes, according to the new regulatory framework introduced by the Securities & Exchange Board of India (SEBI).
India ready to build mega Subansiri Lower hydropower project near China border
Jun 14, 2023, at 05:46 am
India is on the verge of commencing a large-scale hydropower project that has been under development for two decades, marking a major milestone in the nation's journey towards energy transition, media reports said.
TRAI directs telecom companies to use AI detect systems to act against spammers
Jun 14, 2023, at 05:08 am
New Delhi: TRAI has directed all telcos to deploy Artificial Intelligence and Machine Learning based UCC_Detect system to detect, identify and act against senders of commercial communication, who are not registered in accordance with regulations.
Jun 14, 2023, at 04:59 am
New Delhi: The Production Linked Incentive (PLI) Schemes have led to a significant increase in production, employment generation, economic growth and exports in the country, a top government official said.
Many female workers leave as TCS ends work from home
Jun 14, 2023, at 04:40 am
Bengaluru: IT major Tata Consultancy Services (TCS) suffered an unintended setback when it announced an end to remote work as more female employees decided not to return to work than their male counterparts.
Ather Energy opens second Ather Space Experience Centre in Kolkata
Jun 13, 2023, at 11:33 pm
Kolkata: Ather Energy, the company which claims to be India’s first intelligent electric scooter manufacturer, on Tuesday inaugurated its second Experience Centre in Kolkata, Ather Space at VIP Road.
LG reviews arrangements for Amarnath pilgrim at Nunwan Base camp in Pahalgam
Jun 13, 2023, at 07:15 pm
Srinagar/UNI: Jammu and Kashmir Lieutenant Governor Manoj Sinha on Tuesday visited Nunwan base camp and reviewed the arrangements made for the Amarnath pilgrims in south Kashmir.
Jun 13, 2023, at 05:36 am
OpenAI CEO Sam Altman recently met with Indian Prime Minister Narendra Modi in New Delhi. The meeting coincided with three crucial developments: India's chairmanship of the Global Partnership on AI (GPAI), the drafting of AI regulations through the Digital India Bill, and the country's push for conversational AI tools in administrative tasks.
India's CPI inflation eases to 4.25 pct in May, lowest figure in 25 months
Jun 12, 2023, at 11:41 pm
India's retail inflation in May stood at a 25-month low point of 4.25 per cent, as per data released by the Indian government on Monday.
Jun 12, 2023, at 05:41 am
New Delhi: Union Road Transport and Highways Minister Nitin Gadkari Saturday inaugurated the Shelad to Nandura project on Amravati-Chikhali National Highway 53 at Khamgaon, Buldhana, Maharashtra.
Jun 12, 2023, at 05:15 am
Cochin: The Cochin fishing harbour modernisation and upgrade project was inaugurated on Saturday by Union ministers Parshottam Rupala and Sarbananda Sonowal in Kerala’s Thoppumpady on Saturday.
Jammu and Kashmir: New Industrial Policy draws Rs 2200 cr investment in 1 year
Jun 12, 2023, at 02:12 am
The New Industrial Policy (NIP) 2021, which came into effect in Jammu and Kashmir on Apr 1, 2022, has started to show its result as the UT is now emerging as an investment hub, media reports said.
IndiGo denies report on buying majority stake in troubled Go First airline
Jun 12, 2023, at 02:10 am
Gurugram: InterGlobe Aviation Ltd which operates India’s largest airline IndiGo has refused to answer queries over news reports that it is trying to buy a majority stake in troubled carrier Go First.
Young entrepreneur from Jammu and Kashmir winning hearts with her Raghba The Desire Store venture
Jun 12, 2023, at 01:29 am
Srinagar: A young entrepreneur from Nowpora Tral is promoting the rich cultural heritage of Kashmir through her venture known as 'Raghba The Desire Store'.
Maninderjit Kala, Kashmiri entrepreneur, ranks Among top 100 Australian entrepreneurs with KnG Group
Jun 11, 2023, at 08:41 am
Maninderjit Kala, also known as Mannu Kala, has risen to become one of Australia's top entrepreneurs after initially pursuing a master's degree in journalism in Australia in 2009.
Meta plans to launch Twitter's rival App
Jun 10, 2023, at 08:15 am
Menlo Park: The United States-based IT giant Meta (banned in Russia as an extremist organization) plans to launch an app mirroring Twitter and build up publicity by asking prominent public figures to use it, the Wall Street Journal has reported, citing sources.
With new revival package, Govt makes more efforts to pull BSNL out of trouble
Jun 10, 2023, at 08:11 am
New Delhi: The authorised capital of state-run telecom company BSNL has expanded from Rs. 1,50,000 crore to Rs. 2,10,000 crore after the government announced a revival package of Rs 89,047 crore this week.
FY23 GDP growth may be higher than 7.2 pc when final revision comes: CEA
Jun 10, 2023, at 08:08 am
Lucknow: Chief Economic Advisor (CEA) V Anantha Nageswaran on Friday said India will grow at 6.5-7% in financial year 2023-24 amid an encouraging environment for business investments and fast-paced digital transformation.
L&T Finance Holdings declares highest dividend till date
Jun 10, 2023, at 08:06 am
Pune: L&T Finance Holdings Limited (LTFH) has recommended a final dividend of Rs. 2 per equity share (face value Rs. 10 per share) for the financial year 2022-23 at a board meeting held on Friday.
Record diesel and gasoline sales in May indicate strong demand
Jun 10, 2023, at 06:47 am
New Delhi: India's May diesel and gasoline sales reached record levels, providing a rare positive indication for the global oil markets, Bloomberg reported.
SBI to raise Rs 50,000 cr from Indian and overseas markets in FY24
Jun 10, 2023, at 05:05 am
Mumbai: The State Bank of India (SBI) on Friday announced its plan to raise up to Rs 50,000 crore through debt instruments during the current fiscal year.
RBI approves First Loss Default Guarantee program between fintechs and partner banks, NBFCs
Jun 10, 2023, at 05:01 am
Mumbai: The Reserve Bank of India (RBI) has given its approval to the First Loss Default Guarantee (FLDG) program, media reports said.
IRDAI permits Go Digit Life Insurance to run life insurance business
Jun 10, 2023, at 04:37 am
Mumbai: The Insurance Regulatory and Development Authority of India (IRDAI) on Friday said that it has granted approval to Go Digit Life Insurance Limited to operate in the life insurance sector in India.
Jun 10, 2023, at 04:16 am
Lucknow: Chief Economic Advisor (CEA) V Anantha Nageswaran on Friday said the concept of Universal Social Security is not good for developing economies like India, which need to work on economic growth to realise the aspirations of their citizens.
Jun 10, 2023, at 04:13 am
New Delhi: Enforcement Directorate (ED) on Friday issued showcause notices to Chinese mobile manufacturer Xiaomi and three banks for alleged foreign exchange violation of Rs 5,551.27 crore.
HPCL initiates pilot study on E27 Fuel and ethanol blended diesel fuel
Jun 10, 2023, at 03:07 am
New Delhi: Hindustan Petroleum Corporation Limited (HPCL) has launched a pilot study on vehicles using E27 fuel and Ethanol Blended Diesel Fuel.
SECI to sell 600 MW of wind power to GRIDCO Odisha
Jun 10, 2023, at 02:42 am
Bhubaneshwar: Solar Energy Corporation of India Limited (SECI) will sell 600 MW of wind power to GRIDCO Odisha under a Power Sale Agreement (PSA).
Hydroelectric: NHDC to construct 525 MW pumped storage project at Rs 4,200 cr in Madhya Pradesh
Jun 10, 2023, at 02:23 am
New Delhi: Narmada Hydroelectric Development Corporation Ltd. (NHDC Ltd.) will construct a 525 MW Pumped Storage Project near Indira Sagar Dam, Khandwa in Madhya Pradesh at a cost of Rs 4,200 crores.
Jun 09, 2023, at 08:36 pm
The Eurozone, which is a 2-nation bloc, fell into recession this winter, data released recently showed.
RBI keeps repo rate unchanged: Here’s what the banking and finance industry has to say
Jun 09, 2023, at 07:46 am
Mumbai: As expected, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), after three days of deliberation, on Thursday kept the repo rate unchanged at 6.5%.