India, Ghana agree for early operationalisation of UPI system
India and Ghana are working to link their payment systems - Unified Payments Interface (UPI) and Ghana Interbank Payment and Settlement Systems (GHIPSS) respectively to permit users to make instant, low-cost fund transfers on a reciprocal basis. The two countries have also delved into discussions regarding the possibilities of a Memorandum...
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India urges ADB not to overlook its focus on growth and shared prosperity
06 May 2024 | PTI -
States should support decarbonisation of aluminum industries: Study
05 May 2024 | PTI -
Indian EV startup makes offer to interns spurned by Elon Musk
05 May 2024 | PTI -
Paper industry urges Government to allot degraded land for pulpwood plantation
05 May 2024 | PTI -
Business brief
05 May 2024 | Agencies -
CDSL Q4 profit doubles to Rs 129 crore
05 May 2024 | PTI -
Tata Renewable signs pact with SJVN for 460 MW clean energy project
05 May 2024 | PTI
JK Bank reports highest ever annual profit of Rs 1,767 crore for FY24
Jammu and Kashmir Bank on Saturday reported its highest-ever annual profit at Rs 1,767 crore for 2023-24. Its Managing Director and CEO Baldev Prakash said the net profit surged 48 per cent compared to the previous fiscal. “Beating its own highest-ever record of profits achieved only last year, the net profit...
Air India reduces cabin baggage allowance to 15 kg for lowest fare segment
Loss-making Air India has reduced the free cabin baggage allowance to 15 kilogram from 20 kilogram for the lowest economy fare segment on domestic flights. The changes have been made in the menu-based pricing model fare families that were introduced by the Tata Group-owned Air India last August, with the airline...
NCLT registers 43 per cent jump in debt resolution cases: IBBI
Amid several bottlenecks, the Insolvency Bankruptcy Board of India (IBBI) declared 2023-24 as a landmark year, with the National Company Law Tribunal achieving a significant 43 per cent increase in resolutions, jumping from 189 cases last year to 270 this year. The IBBI is expected to submit a report to the...
Government lifts ban on onion exports
The government on Saturday lifted the ban on onion exports subject to a minimum export price of USD 550 per tonne, a decision that can help boost income of a large section of farmers and comes ahead of the Lok Sabha polls in key producing regions including Maharashtra. The government has...
Govt lifts ban on onion exports; imposes minimum export price of USD 550/tonne
The government on Saturday lifted the ban on onion exports but imposed a minimum export price (MEP) of USD 550 per tonne. The decision assumes significance as the commodity is politically sensitive and general elections are going on in the country. "The export policy of onions is amended from prohibited to free...
Sri Lanka rupee makes gains over major currencies: Minister
Sri Lanka’s rupee, which suffered severe depreciation because of the island nation’s unprecedented economic crisis since 2022, has started to make gains in comparison to other currencies, State Minister for Finance Ranjith Siyambalapitiya said on Friday. He said during the first four months of the year, the Sri Lankan rupee had...
Business brief
Results announced New Delhi: The result of Vellore Institute of Technology Engineering Entrance Examination (VITEEE) has been declared. Vellore Institute of Technology Entrance Examination (VITEEE) for admissions to BTech programme was conducted from April 19 to April 30, 2024 as a computer-based proctored examination in 125 cities in India and six...
