UCO Bank posts highest ever annual net profit of Rs 1862.34 cr for FY23
May 03, 2023, at 06:49 am
Mumbai/IBNS: Public sector lender UCO Bank on Tuesday posted the highest ever annual net profit of Rs 1862.34 crore for the year FY23, a y-o-y growth of 100.30% against Rs 929.76 crore for FY22.
May 03, 2023, at 06:39 am
Mumbai: Auto major Mahindra & Mahindra Ltd Tuesday said its overall auto sales for the month of April 2023 stood at 62,294 vehicles.
Raj Kumar Dubey takes over as Director (HR) of Bharat Petroleum
May 03, 2023, at 06:20 am
New Delhi/IBNS: Raj Kumar Dubey on Tuesday joined Bharat Petroleum Corporation Limited (BPCL) as the Director (Human Resources), the state-run refiner said.
IT sleuths conduct raids on shopping malls in Hyderabad
May 03, 2023, at 05:45 am
Hyderabad: Income Tax (IT) officials on Tuesday raided several shopping malls here to investigate potential tax evasion.
NMDC registers highest April month performance since inception
May 03, 2023, at 05:02 am
New Delhi/IBNS: India’s largest iron ore producer NMDC reported a production of 3.51 Million Tonne (MT) and a sale of 3.43 Million Tonne in April 2023, recording the best-ever performance for any April month in NMDC history, the Ministry of Steel said Saturday.
NTPC’s captive mine coal prodn jumps 148%; April, 2023 despatch at record 2.95 MMT
May 03, 2023, at 04:58 am
New Delhi/IBNS: Government-owned power generator NTPC has registered a growth of 148% in coal production from its captive mines in April 2023 as compared to production registered in April last year.
State-run MOIL registers highest-ever April manganese prodn
May 03, 2023, at 04:51 am
New Delhi/IBNS: MOIL has registered the best April production performance since inception with a production of 1.31 lakh tonnes of manganese ore in April 2023.
Daily toll collection through FASTag reaches record high of over Rs. 193 cr
May 02, 2023, at 11:27 pm
New Delhi: The daily toll collection through the FASTag system achieved a historic milestone, reaching an all-time high collection of Rs 193.15 crore with 1.16 crore transactions recorded in a single day on April 29, the Ministry of Road Transport & Highways.
Bangladesh allows India's permanent access to Chattogram, Mongla ports
May 01, 2023, at 04:07 pm
In a significant decision, the Bangladesh government has granted India permission to use Chattogram and Mongla ports to transit and trans-shipment cargo vessels, media reports said.
Key economic report shows 14 million jobs worldwide will vanish in the next 5 years
May 01, 2023, at 12:56 pm
Geneva: The Future of Jobs Report 2023 suggests that almost a quarter of jobs (23%) are expected to change in the next five years through growth of 10.2% and decline of 12.3%.
Byju's ‘confident’ FEMA rules not violated: Report
May 01, 2023, at 12:36 am
After Saturday’s ED searches, Byju Raveendran, the CEO of educational platform Byju's, in a letter to his employees stated that the company has brought more foreign direct investment (FDI) to India than any other startup and no FEMA rules.
Twitter CEO Elon Musk cuts paid parental leave to 14 days from 20 weeks: Report
Apr 30, 2023, at 09:58 pm
New York: Twitter CEO Elon Musk has drawn flak after the company changed its parental leave policy by slashing the period from 20 weeks to 14 days (2 weeks), as per internal company documents accessed by New York Times.
Bank of Baroda: Centre appoints Debadatta Chand as MD & CEO
Apr 30, 2023, at 08:51 pm
New Delhi/IBNS: The Centre has appointed Debadatta Chand as the company's Managing Director (MD) and Chief Executive Officer (CEO), Bank of Baroda said on Saturday.
ED searches Byju’s office, residence over alleged FEMA violations
Apr 30, 2023, at 05:21 am
New Delhi: Directorate of Enforcement (ED) conducted searches at three locations-two business and one residential- of Raveendran Byju and his company in Bengaluru over alleged violation of the provisions of Foreign Exchange Management Act (FEMA), the probe agency said on Saturday.
Adani-Hindenburg Row: SEBI moves SC seeking direction for six more months to complete probe
Apr 30, 2023, at 12:59 am
New Delhi: Stock market regulator Securities and Exchange Board of India (SEBI) on Saturday sought more time to complete its probe into US short seller Hindenburg Reseach's allegations of “brazen stock manipulation” and an “accounting fraud scheme” against the Adani group.
Twitter introduces worldwide account monetization
Apr 29, 2023, at 10:41 pm
San Francisco/UNI/IBNS: Twitter has announced an option to monetize accounts, which will allow all its users to earn money from their posts.
Apple MixC Shenzhen opens in China
Apr 29, 2023, at 03:06 pm
Shenzhen: Smartphone maker Apple on Friday previewed Apple MixC Shenzhen, the second store in this vibrant city.
Core sector growth dips to five-month low of 3.6% in March
Apr 29, 2023, at 05:06 am
New Delhi: The combined output of India's eight core industries dropped to a five-month low of 3.6% year-on-year in March 2023 as against 7.2% in the previous month, data from Commerce Ministry showed on Friday.
Apr 29, 2023, at 02:26 am
Washington/New Delhi: India is expected to be the world's fastest-growing economy, despite facing significant challenges like financial sector turbulence, inflationary pressures, the impact of the Russia-Ukraine conflict, and the continued effects of the Covid-19 pandemic in the last three years, according to the International Monetary Fund's World Economic Outlook report.
Adani Group prepays $200 million part of debt used to acquire Holcim's India units: Report
Apr 29, 2023, at 02:21 am
Mumbai: Adani Cement Industries Ltd. has made a pre-payment of $200 million in the last week to reduce its $1 billion mezzanine loan that it had taken from global banks to finance the acquisition of Holcim Ltd.'s Indian units, Bloomberg reported citing sources.
Gadkari urges SCO members to collaborate on R&D for road transport challenges
Apr 29, 2023, at 12:50 am
New Delhi/IBNS: SCO Transport Ministers can send a collective message affirming their determination to solve the contemporary challenges of the transport sector to build a collaborative ecosystem in the SCO regions, Union Road Transport and Highways Minister Nitin Gadkari said as he chaired the 10th SCO Transport Ministers meeting in New Delhi on Friday.
6 Key Points to Consider When Searching for Online Loan Providers
Apr 28, 2023, at 11:51 pm
A personal loan can help you tackle any planned or unplanned expenses. One of the biggest advantages of a personal loan is that a personal loan is an unsecured loan. This means that you needn’t furnish any documents or securities as a collateral for your loan. This also means that the turnaround time for a personal loan is much lesser than the turnaround time for secured loans.
Apr 28, 2023, at 05:39 pm
Kolkata: Public sector major State Bank of India, acting through its London Branch, on Friday priced a 5-year US$750 million bond issuance at a coupon rate of 4.875 %.
India, EFTA leaders meet to boost bilateral trade and economic partnership
Apr 28, 2023, at 05:20 pm
New Delhi: Ministers and high-level representatives from India and the European Free Trade Association (EFTA) States (Iceland, Liechtenstein, Norway, and Switzerland) gathered in New Delhi recently to discuss the prospects of resuming their negotiations towards a Trade and Economic Partnership Agreement (TEPA).
Apr 28, 2023, at 05:10 am
New Delhi/IBNS: Aadhaar holders have carried out nearly 2.31 billion authentication transactions in the month of March 2023, indicative of the growing usage of Aadhaar and the growth of the digital economy in the country, according to the Ministry of Finance.
SCO IBC Council Meeting held in Goa
Apr 28, 2023, at 04:43 am
Goa: India has proposed four areas of cooperation among the SCO members during the XIX Council Meeting of the Shanghai Cooperation Organisation Interbank Consortium (SCO IBC) in Goa on Wednesday.
Apr 28, 2023, at 12:33 am
Berlin (Germany): The Department of Consumer Affairs and the German Federal Ministry for Economic Affairs and Climate Action signed the new Work Plan for 2023 during the 9th Annual Meeting of the Indo-German Working Group on Quality Infrastructure. The plan was signed in Berlin, Germany on 25 April 2023.
Apr 27, 2023, at 11:43 pm
New Delhi/IBNS: Union Minister Smriti Irani opened a Mahila Samman Savings Certificate (MSSC) account by visiting Sansad Marg Head Post Office Wednesday afternoon.
India jumps 6 places to Rank 38 in World Bank’s Logistics Performance Index 2023
Apr 27, 2023, at 11:40 pm
New Delhi/IBNS: India has jumped 6 places to rank 38 out of 139 countries in the 7th edition of Logistics Performance Index (LPI 2023) of the World Bank.
Apr 27, 2023, at 10:23 pm
New Delhi/IBNS: The representatives of European Free Trade Association (EFTA) States, comprising Iceland, Liechtenstein, Norway, and Switzerland met with Commerce and Industry Minister Piyush Goyal on Wednesday in New Delhi to discuss the prospects of resuming their negotiations towards a Trade and Economic Partnership Agreement (TEPA).