Rs 30 crores disbursed during FY 23 under PLI Scheme for drones and drone components: Centre
Apr 05, 2023, at 02:51 am
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 Port achieves all-time high cargo ( 65.66 MT) handling in 2022-23
Apr 05, 2023, at 02:43 am
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.
IHCL wins Golden Peacock National Training Award, 2023
Apr 05, 2023, at 02:11 am
Mumbai/IBNS: Tata-owned hospitality company Indian Hotels Company (IHCL) bagged top honours for training at the Golden Peacock Awards, 2023.
Iron ore: NMDC's prodn crosses 41 MT for second consecutive fiscal
Apr 05, 2023, at 01:19 am
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.
LVMH boss tops Elon Musk to become Forbes' richest man of 2023
Apr 05, 2023, at 12:57 am
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.
Indian smartphone industry gaining momentum: Reports
Apr 03, 2023, at 10:39 pm
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.
India, Malaysia can now settle their trade in Indian Rupee
Apr 02, 2023, at 07:20 am
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.
Rs. 1,60,122 crore gross GST revenue collected for March 2023: Govt data
Apr 01, 2023, at 10:46 pm
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).
Piyush Goyal lauds GeM crossing Gross Merchandise Value of Rs. 2 lakh crore in 2022–23
Apr 01, 2023, at 10:15 pm
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.
Union Bank of India sets up mechanism for India-Malaysia trade in INR
Apr 01, 2023, at 09:17 pm
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 scheme for women: Mahila Samman Savings Certificates made available in Post Offices
Apr 01, 2023, at 09:15 pm
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.
Apr 01, 2023, at 09:06 pm
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.
Prices of cooking gas cylinders slashed
Apr 01, 2023, at 05:55 pm
New Delhi/UNI: The oil marketing companies on Saturday slashed prices of cooking gas cylinders about Rs 92 per cylinder.
Indore gets connected with Sharjah through direct flight
Apr 01, 2023, at 08:15 am
New Delhi: A direct flight between Indore and Sharjah on Friday was flagged off today by Civil Aviation Minister Jyotiraditya Scindia.
Zee enters one-time settlement with Standard Chartered Bank for Siti Networks loan issue
Apr 01, 2023, at 07:51 am
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.
Authum Investments completes takeover of Reliance Home Finance
Apr 01, 2023, at 06:37 am
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.
Electoral bonds to be sold at authorised branches of SBI
Apr 01, 2023, at 05:29 am
New Delhi/IBNS: The Finance Ministry on Friday announced that the State Bank of India (SBI) will distribute and redeem electoral bonds through its 29 authorised branches from April 3 to April 12.
India announces Foreign Trade Policy 2023; targets $2 trillion goods and services exports by 2030
Apr 01, 2023, at 04:44 am
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.
India's forex reserves grow $5.98 billion to $578.78 billion
Apr 01, 2023, at 03:32 am
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.
NTPC registers highest ever power generation of 400 BU in FY23, a growth of 10.80%
Apr 01, 2023, at 02:39 am
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.
Air India launches Premium Economy class on select flights
Apr 01, 2023, at 01:54 am
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.
Several varieties of cauliflower, chillies cultivated in Assam
Apr 01, 2023, at 12:49 am
Tezpur: Locals have cultivated a large variety of vegetables at an agricultural facility in the Pabhoi region in Biswanath of Assam.
Index of eight Core Industries moves up to touch 6 pct in February
Mar 31, 2023, at 11:42 pm
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.
Mar 31, 2023, at 11:11 pm
Kolkata: 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).
UIDAI seeds 10.97 million Aadhaars with mobile numbers in February, 93% more than January: Centre
Mar 31, 2023, at 10:00 pm
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.
Airtel and India Post Payments Bank launch WhatsApp Banking Services
Mar 31, 2023, at 09:20 pm
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.
Bandhan Bank adds 50 branches to its network in a single day
Mar 31, 2023, at 08:14 pm
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.
Mar 31, 2023, at 04:24 am
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.
Vee Technologies’ Venkat Umakanth is the SMB CTO of the year
Mar 31, 2023, at 03:30 am
Bengaluru: IT veteran Venkatraman Umakanth, Senior Vice President, Vee Technologies has been named as the ‘Small and Medium Business CTO of the Year’ at the IT4SMB summit that highlighted the changing landscape of technology and its transformational power held at Bengaluru recently.
Essar' Vertex Hydrogen project chosen by the UK govt
Mar 31, 2023, at 01:18 am
Mumbai/London: Essar Energy Transition’s (EET) Vertex Hydrogen project has been chosen as part of one of the two hydrogen plants that will bolster the UK’s hydrogen economy.