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RBI revises its ‘real GDP projection’ to 7.2 per cent for FY’23
Mumbai, April 8: The Reserve Bank of India (RBI) on Friday has revised its real GDP projection for FY2022-23 to 7.2 per cent in the backdrop of the escalating geopolitical tensions and augmented supply-side disruptions due to the…
Rupee down 44 paise against US Greenback
Mumbai, April 6: Riding with the current world currency sentiments, Rupee tumbled down 44 paise to close at 75.75 against the greenback on rising demand for US Dollar by bankers and importers, dealers at the Foreign Exchange said. Surging…
Russian Amb to US calls sanctions against Banks blow to commoners
Washington, April 7: Feeling the pinch of US sanctions against Sberbank and Alfa Bank, Russian ambassador called these a direct blow to ordinary Russian citizens, Anatoly Antonov told reporters. “The administration's non-stop sanctions…
Centre approves 27 road projects in Arunachal
New Delhi, April 3: The BJP-led government at the Centre has approved 27 road projects under the Central Road Infrastructure Fund (CRIF) in Arunachal Pradesh, to improve road connectivity in the frontier state, Union Minister for Law…
NMDC posts 42.15 MT iron ore production with 23 % increase in FY 22
New Delhi, April 2: National Mineral Development Corporation Ltd (NMDC), country's largest iron ore producer, on Saturday reported cumulative production and sales for FY 22 at 42.15 MT and 40.70 MT respectively, a growth of 23 per cent…
A former Banker explains why Sri Lanka’s economy went from boom to bust
Colombo, April 03: While problems have been brewing for years, spillovers from the crisis in Ukraine have sent the island nation over the edge. As an unprecedented economic crisis is unfolding in Sri Lanka. And while the country’s problems…
How is Sensex keeping uptrend, any boosters?
New Delhi, April 01: As Sensex is powering upwards to 59,000 many financial pandits are asking questions, why Indian burses are going up in spite of Russia-Ukraine war and other crises situations prevailing in economy worldwide.
As the…
GST Collection posts new high in March ’22
New Delhi, April 1: On the back of strong rebound in economic activities and anti-evasion drive, goods and services tax (GST) collection reached all-time high to Rs 1.42 lakh crore in March, 2022. The revenues for the month of March…
11 crypto exchanges including WAZIRX and Coin DCX booked for duty evasion
New Delhi, March 28: As many as 11 crypto exchanges including Coin DCX, CoinSwitch Kuber, Flitpay and Buy Ucoin were booked by tax authorities for evasion of Goods and Services Tax (GST) to the tune of Rs 81.54 crore. The government…
PRS Delhi & IIMC Delhi organize Naresh Kumar Memorial ‘Talent Hunt Competition’
New Delhi, March 18: Public Relations Society Delhi in collaboration with Department of Advertising & Public Relations IIMC, organized an on-ground event “Talent Hunt Competition” at IIMC, Delhi Campus. Prof. Sanjay Dwivedi, DG (IIMC)…
RBI: India’s macroeconomic fundamentals remain strong
Mumbai, March 17: Even as the ongoing geopolitical crisis has heightened uncertainty, clouding the global macroeconomic and financial landscape, India's macroeconomic fundamentals remain strong, according to a Reserve Bank of India…
Digital Currency: RBI working on phased implementation of CBDC
New Delhi, March 15 (UNI) The Reserve Bank of India (RBI) is currently working towards a phased implementation strategy for introduction of Central Bank Digital Currency (CBDC), Minister of State for Finance Pankaj Chaudhary said on…
ITDC eyes 10-15 pc growth in FY’23; asset monetization on track
Mumbai, Mar 13 (UNI) Even as the uncertainties over the ongoing Russia-Ukraine conflict and rising inflation continues to impact the tourism and hospitality industry, state-run hospitality firm ITDC is expecting
a 10-15 per cent growth…
Power Finance Corp. pays Interim div. of Rs. 886.97 crore to GOI for Yr.’22
New Delhi: Power Finance Corporation, a Maharatna CPSE and India’s leading non-banking finance company (NBFC) under the administrative control of Ministry of Power, has paid Rs 887 crore to Govt. of India as the third Interim Dividend on…
Hyderabad metro rail passengers enjoyed live ramp walk
Hyderabad, March 11 (UNI) As a unique community engagement initiative, Hyderabad metro rail passengers enjoyed a live ramp walk and fashion show organized with a mission to acknowledge the age-old handloom textiles of Telangana and…
India’s exports have to contribute $1 trn : Goyal
Mumbai, March 7 (UNI) Union commerce and industry minister Piyush Goyal on Monday said India's exports have to contribute to at least USD one trillion as the country aims to become a USD five trillion economy by 2025.
Minister…
NTPC successfully commissions 660-MW unit of NPGC
Patna, Mar 6: The third and final Unit of Nabinagar Power Generating Company (NPGC) successfully completed its 72-hour full load trial run operations on Sunday with total compliance to Central Electricity Regulatory Commission (CERC) norms.…
Chitra Ramkrishna arrested by CBI in NSE co-location scam
New Delhi, March 7 (UNI) Former National Stock Exchange (NSE) MD and CEO Chitra Ramkrishna has been arrested by the Central Investigation Bureau (CBI) in the alleged case of market manipulation and grave corporate lapses. A CBI…
PFC to provide LED Street Lighting Systems for villages in Faridabad
New Delhi, 03rd March: PFC, A PSU Maharatna and India's leading NBFC in power sector, has signed a Memorandum of Agreement (MoA) with Municipal Corporation of Faridabad (MCF) Haryana ,for supply, installation and commissioning of LED…
Naresh Kumar Memorial Lecture series starts with Rich Tributes to Great Communicator !
New Delhi, February 24: Inaugural edition of “Late Sh. Naresh Kumar Memorial Lecture Series", organized virtually by Public Relations Society Delhi, earlier this week with rich tributes by Mr. R. P. Singh, former CMD, PowerGrid Corpn. of…
