Distribution of 5 kg foodgrains to poor under PMGKAY extended for 5 years: I&B minister Thakur
The government has extended the PMGKAY scheme to provide 5 kilogrammes of free foodgrains per month to around 80 crore poor people for another five years. A decision in this regard was taken in the meeting of the Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday. Giving details on Wednesday, Information...
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US to launch domestic work visa renewal programme in December, Indians to benefit most: Official
29 November 2023 | PTI -
Ashneer says sorry, HC slaps Rs 2 lakh fine over posts against BharatPe
29 November 2023 | PTI -
Mcap of BSE-listed firms hits record high of Rs 331 lakh cr; just shy of entering USD 4-trn club
29 November 2023 | PTI -
Rupee recovers from record lows
29 November 2023 | PTI -
Sebi for changes in regulatory framework for Special Situation Funds
29 November 2023 | PTI -
Cybersecurity, customer protection must for digital payments momentum: RBI paper
29 November 2023 | PTI -
‘China slows, India grows': S&P pegs 7% growth for India by 2026
29 November 2023 | PTI
Govt disconnects 70 lakh mobile involved in financial frauds
To check digital frauds, the government has disconnected 70 lakh mobile numbers so far involved in cybercrime or financial frauds, Financial Services Secretary Vivek Joshi said on Tuesday. Emerging from a meeting to discuss issues related to financial cyber security and increasing digital payment fraud, Joshi, who chaired the meeting, said...
Automobile retail sales soar to record high in festive season this year: FADA
Driven by robust demand, automobile retail sales in India rose to a record high this festive season with all segments, barring tractors, reporting year-on-year growth, dealers' body FADA said on Tuesday. Overall automobile sales rose 19 per cent to 37,93,584 units in the 42-day festive period this year as compared with...
Solar capacity installations in India fall 47 per cent to 5.6 GW during Jan-Sep
India has reported a 47 per cent fall in solar installations at 5.6 GW during January-September 2023, amid delay in project execution, according to research firm Mercom India. The installations were also down in the July-September quarter this year at 1.9 GW, a 34 per cent fall, over 2.8 GW solar...
LIC keen to keep part of its stake in IDBI Bank to reap benefit of bancassurance
State-owned LIC, promoter of IDBI Bank, has said it plans to retain a part of its stake in the lender to harness the benefits of the bancassurance. Along with the government, Life Insurance Corporation (LIC) will also divest its stake in IDBI Bank but may not exit completely, LIC Chairman Siddhartha...
Mines Ministry working on policy for critical minerals
The Mines Ministry is in the process of preparing a policy for critical minerals which will include a road map for strengthening the supply chain of these essential resources, an official release said on Monday. Critical minerals such as copper, lithium, nickel, cobalt and rare earth elements are essential components in...
Fractional ownership of property as investment tool to get boost from Sebi regulation: Experts
Market regulator Sebi’s decision to allow the setting up of small and medium REITs will help regulate and propel the growth of new-age investment avenue called fractional ownership of rent yielding real estate assets, according to industry players. Real estate technology platforms facilitating fractional ownership of rent-yielding properties welcomed the Sebi...
E-buses expected to account for 11-13 per cent of new bus sales by FY25: Report
Electric buses are expected to account for up to 13 per cent of new bus sales by FY2025, rating agency ICRA said on Monday. Many state Electric Vehicle (EV) policies have announced specific targets and timelines for e-bus adoption, thereby creating a road map for electrification, it noted. With significant operational savings...
