Amidst the endeavors of states and the Center to implement welfare initiatives and monetary transfer schemes for immediate relief, the realms of health and education, according to former Reserve Bank of India (RBI) Governor Duvvuri Subbarao, seem to be overlooked. Subbarao noted the evolution in the civil service over the past five decades, observing a […]
Amidst the bustling streets of Mumbai, the Indian rupee held steady at 83.51 (tentative) against the US dollar on Tuesday, finding equilibrium amidst a dichotomy of factors. While buoyant domestic markets and encouraging inflation metrics lent support, the pervasive strength of the US dollar and the exodus of foreign funds exerted countervailing pressures. Currency traders […]
Air India revealed on Saturday its selection of SIA Engineering Company Limited as its strategic collaborator for the enhancement of its core maintenance amenities in this locale. As an element of this alliance, Air India will engage in close coordination with SIA Engineering Company Limited (SIAEC) concerning the blueprinting, establishment, progression, and operationalization of its […]
In the realm of Kolkata, gold, boasting a robust Compound Annual Growth Rate (CAGR) of 13 percent over the past triennium, emerges as a compelling inclusion within one’s comprehensive asset allocation strategy, serving as a bulwark against the erosive forces of inflation and the vicissitudes of macroeconomic uncertainty through the conduit of gold exchange-traded funds […]
In the heart of New Delhi, the principal emissary of the Biden administration refuted apprehensions voiced in select circles concerning democracy’s state in India, asserting instead that in numerous aspects, Indians surpass their American counterparts. Addressing a gathering convened by the Council on Foreign Relations, a preeminent American policy institute, Eric Garcetti, the United States’ […]
Equity benchmark indices underwent a resurgence on the latest trading day, witnessing Nifty attaining an unprecedented pinnacle and Sensex catapulting over 500 points skyward, fueled by a fervent surge in investments within the realms of IT, automotive, and technology stocks. Embarking on a volatile trajectory initially, the equity market executed a noteworthy recovery during the […]
The RBI had instructed the Paytm Payments Bank to settle all outstanding transactions and nodal accounts by March 15, stipulating that no further transactions would be permitted beyond this date The Reserve Bank of India (RBI) is considering the revocation of the authorization of Paytm Payments Bank, which is facing a financial predicament, as […]
The reports suggested that Adani Electricity’s effort to provide 24×7 power, minimal outages and prompt grievance redressal has helped the power-distributing firm achieve the ranking The energy disseminating corporation Adani Electricity Mumbai has garnered an ‘A’ classification in the Consumer Service Ratings for 2023, unveiled by the Ministry of Power, Government of India. This […]
The bank reported that its total income increased to Rs 1,18,193 crore in the third quarter of the current fiscal year, compared to Rs 98,084 crore in the corresponding period of the previous year The State Bank of India (SBI) disclosed a 35 percent decrease in autonomous net earnings to Rs 9,164 crore for the […]
Interim Budget: The government had announced a strategic disinvestment policy on February 1, 2021 to provide a clear roadmap for privatisation of strategic and non- strategic CPSEs Finance Minister Nirmala Sitharaman unveiled the interim Budget of the Modi-led NDA government 2.0 for the fiscal year 2024-25 on February 1st, Thursday. Nevertheless, in her sixth Budget speech, […]
According to an analyst, Paytm Payments Bank has about 35 crore e-wallets. Of this, about 31 crore are dormant while only about 4 crore would be operative with either no balance or a small balance Concerns regarding money laundering and questionable financial transactions amounting to hundreds of crores of rupees between the well-known digital […]
On Thursday, Sensex ended 106.81 points or 0.15 per cent lower at 71,645.30 in a volatile trade after the interim Budget presentation The quintessential 30-share BSE Sensex has provided affirmative yields to stakeholders on four occasions during the Budget day within the preceding half dozen years. As Finance Minister Nirmala Sitharaman divulged the provisional Budget […]
Former FICCI President, Subhrakant Panda, welcomed the Budget and said that it laid out the future trajectory of the government in clear terms Finance Minister Nirmala Sitharaman presented the Interim Budget for the 2024-25 fiscal year on Thursday. Despite its interim nature, the Budget revealed significant policy revisions and project announcements. One major change was […]
India Budget 2024 LIVE Updates: Please follow this space for all the breaking news and latest updates from the Stock Market, economy and corporate world. Finance Minister Nirmala Sitharaman is poised to present the Interim Budget for the fiscal year 2024-25 today. The anticipation among markets, investors, and stakeholders is palpable as they await […]
Meesho said that it decides the quality via customer reviews, ratings, and feedback along with any reported issues or returns regarding the product’s condition, functionality, and overall satisfaction Regard the latest declaration from the Softbank-funded corporation, Meesho, as they unveiled their decision to withdraw approximately 200,000 items from their online retail hub throughout the […]
VIL’s the revenue from operations remained nearly flat at Rs 10,673.1 crore year-on-year Vodafone Idea (VIL) proclaimed its net deficit shrank to Rs 6,986 crore for the December 2023 (Q3) quarter, facilitated by Rs 755.5 crore one-time remarkable acquisition. VIL’s median income per user also enhanced. Vodafone Idea’s net shortfall settled at Rs 7,990 […]
