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.
Agri exports grow 6.04% y-o-y in last 10 months to $43.37 billion
Mar 30, 2023, at 06:12 am
New Delhi: India’s agricultural export registered an increase of 6.04% to $43.37 billion during April 2022 to January 2023 compared to the same period in the previous fiscal.
Russia's Rosneft and Indian Oil Corp ink deal to boost oil supply and diversify grades
Mar 30, 2023, at 05:42 am
Moscow/IBNS: Rosneft, the Russian energy company, revealed a new agreement Wednesday to increase its oil exports to India, in an effort to find alternative markets due to the strained relations with Western countries over the Ukraine conflict.
Govt to borrow Rs 8.8 lakh crore in the first half of FY24
Mar 30, 2023, at 05:36 am
New Delhi: The government has decided to borrow Rs 8.8 lakh crore via bonds from the market in the first half of the financial year 2023-24 starting April 1.
Jindal Steel and Power approaches Delhi HC against Odisha coal block auction
Mar 30, 2023, at 05:09 am
Delhi: Jindal Steel and Power has approached the Delhi High Court against the grant of an Odisha coal block alleging that it was “unfairly” prevented from filing a higher bid, media reports said.
Rs 158 crore TDS collected from transfer of Virtual Digital Assets
Mar 30, 2023, at 04:35 am
New Delhi/IBNS: Tax deducted at source on payments made upon transfer of Virtual Digital Assets (VDA) stood at Rs 157.9 crore as of March 20 for FY23, according to the Ministry of Finance.
ZEEL settles dispute with IndusInd Bank making way for Zee-Sony merger
Mar 30, 2023, at 03:47 am
Mumbai: The merger of ZEEL and Sony has moved a step forward as Zee Entertainment has settled the dispute over the dues with private sector lender IndusInd Bank, media reports said.
Public sector banks recovered 14% of written-off loans in last 5 years: FM Sitharaman
Mar 30, 2023, at 02:39 am
New Delhi: Public sector banks could get back only 14 percent of the written-off loans in the last five years ending March 2022, Parliament was informed on Tuesday.
Jindal Stainless buys 49% stake in Indonesia-based nickel pig iron company
Mar 30, 2023, at 01:31 am
Mumbai: Jindal Stainless Ltd (JSL) has entered into a collaboration agreement (Collaboration Agreement) with New Yaking Pte. Ltd. in Indonesia to ensure the long-term availability of nickel.
Ajay Singh takes over as ASSOCHAM President; Sanjay Nayar as Senior Vice-President
Mar 29, 2023, at 11:57 pm
Kolkata: Ajay Singh, Chairman & Managing Director of SpiceJet, India’s leading airline, has taken over as President of the Associated Chambers of Commerce and Industry of India (ASSOCHAM).
Vee Technologies appoints Bhupendra Joshi as CHRO
Mar 29, 2023, at 11:42 pm
Bengaluru: Bengaluru and New York co-headquartered IT services firm Vee Technologies has appointed Bhupendra Joshi as its new Chief Human Resources Officer (CHRO).
Microsoft-owned GitHub sacks over 140 Indian staff: Reports
Mar 29, 2023, at 10:31 pm
Los Angeles: Microsoft-owned GitHub is the latest tech company that has fired more than 140-member strong entire engineering team in India.
Mar 29, 2023, at 05:51 pm
Mumbai/UNI: The BSE Sensex on Wednesday rallied 221.22 points at 57,834.94 in opening trade as buying was seen in Commodities, FMCG, IT and Consumer Discretionary Good and Services stocks.
Pepsi unveils new logo, visual identity
Mar 29, 2023, at 02:53 pm
New York: Iconic global brand Pepsi has unveiled a new logo and visual identity system, the first update of the iconic Pepsi globe logo in 14 years.
Mar 29, 2023, at 02:46 pm
Mumbai: NTPC Renewable Energy Ltd, a wholly owned subsidiary of NTPC Green Energy Limited, has signed Term Sheet with Greenko ZeroC Pvt Ltd (A Greenko Group Company) on Tuesday to Supply 1300 MW Round the Clock RE Power for powering Greenko’s upcoming Green Ammonia Plant at Kakinada, India.
SBI launches its Coffee Table Book – The Banker to Every Indian
Mar 29, 2023, at 04:41 am
Mumbai: The State Bank of India (SBI) has announced the launch of its coffee table book ' The Banker to Every Indian' which celebrates 75 years of Indian independence and SBI's glorious 200-year history.
Hitachi Payment Services appoints Sumil Vikamsey as the new Managing Director
Mar 29, 2023, at 04:39 am
Mumbai: Hitachi Payment Services has announced the appointment of Sumil Vikamsey as its new Managing Director, in addition to his responsibilities as the Chief Executive Officer - Cash Business.
Indian Market: Sensex recovers 126.76 pts
Mar 27, 2023, at 10:53 pm
Mumbai: Snapping a negative trend of last two sessions, the BSE Sensex on Monday rose 126.76