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Narendra Singh Tomar asks industry to make affordable farm machines for small farmers
NEW DELHI: Agriculture Minister Narendra Singh Tomar on Wednesday asked members of farm mechanisation industry body TMA to manufacture affordable tools and machines so that small and marginal farmers are able to purchase them.
Addressing…
Cabinet may soon approve revised production-linked incentive scheme for auto sector
NEW DELHI: The government is believed to have slashed the outlay for the automobile sector under the production-linked incentive (PLI) scheme to about Rs 26,000 crore and the proposal is expected to be approved by the Union Cabinet soon,…
Mutual fund industry sees record SIP inflows; AUM grows over 3%
NEW DELHI: The asset under management (AUM) of the mutual fund industry crossed Rs 36 lakh crore in August driven by high retail participation especially through systematic investment plans (SIPs). According to the monthly data released by…
Monitoring work on I-T portal: FinMin
NEW DELHI: As the deadline for Infosys to fix the glitches in Income Tax portal is approaching, the finance ministry on Wednesday said it is continuously engaged with the company to ensure a smooth filing experience to taxpayers and a…
Crypto bill cleared by FinMin, Cabinet nod awaited: Jayant Sinha
BENGALURU: Amidst a lingering confusion over the fate of cryptocurrencies legislation in India, the Member of Parliament and the Chairperson of the standing committee on finance, Jayant Sinha, on Wednesday said that the finance ministry has…
El Salvador: Pioneering adoption of bitcoin as legal tender brings hopes, doubts for Salvadorans
MIAMI: El Salvador is betting that this week's pioneering adoption of Bitcoin will spur its economy, especially one of its most crucial sources of revenue: money sent home by Salvadorans in the United States.
A fervent proponent of the…
Shri Nitin Gadkari attend meeting with officials of the Ministry, NHAI, NHIDCL, and PWDs
New Delhi: Union Minister for Road Transport and Highways Shri Nitin Gadkari has said that under the leadership of Prime Minister Shri Narendra Modi road infrastructure is being developed faster, safer and more sustainable than ever before.…
The case of rising Unit Linked Insurance Plans demand
A recent study has showed that there is a 40% increase in younger Indian investors, who seek to invest based on a clear-cut financial plan post the advent of Covid-19, as opposed to earlier when it was sporadic and largely unplanned.…
Sensex surges 260 points to hit fresh record in early trade
MUMBAI: Equity benchmark Sensex jumped over 260 points in early trade to scale a fresh lifetime high of 58,390.21 on Monday, tracking gains in index majors Reliance Industries, Bajaj Auto and L&T amid a largely positive trend in global…
No revision in petrol, diesel prices on Monday, a day after price cut
NEW DELHI: The oil marketing companies (OMCs) have kept pump prices of auto fuels -- petrol and diesel -- unchanged on Monday, a day after reducing retail rates by 15 paise per litre, to wait and watch the global oil situation before making…
Maruti Suzuki hikes its vehicle prices by up to 1.9 per cent
NEW DELHI: The country's largest carmaker Maruti Suzuki India (MSI) on Monday said it has increased prices of its entire product range, except Celerio, by up to 1.9 per cent with immediate effect.
In a regulatory filing, the company…
Axis Bank forms policies favourable to its customers, employees from LGBTQIA community
NEW DELHI: Private sector lender Axis Bank has announced a charter of policies and practices that are favourable for its customers and employees from the LGBTQIA community, as part of efforts to encourage "diversity, equity and inclusion"…
India has capability to surprise world in the adoption of green hydrogen
Mumbai, 4 (UNI) Vishal Mehta, Managing Director and Partner at Boston Consulting Group (BCG) said here on Saturday that India has the capability to surprise the world in the adoption of green hydrogen and potentially becoming a hydrogen…
Punjab inks MoU with American Chamber; will facilitate ease of doing business with US companies
Chandigarh, Sep 4 (UNI) A Memorandum of Understanding (MoU) was signed between Punjab and the American Chamber of Commerce in India (AMCHAM India) on Saturday for mutual cooperation on Investment Promotion and Ease of Doing Business in…
Priority is to make Armed Forces the most powerful military: Rajnath Singh
New Delhi: “Ever since Independence, there has been a constant attempt by some anti-India forces to create an atmosphere of instability within the country. When they realised that they cannot fight with us in front-wars, they resorted to a…
Indian Army to participate in Zapad 2021 in Russia
New Delhi: The Indian Army will participate in a two-week multi-nation military exercise at Nizhny in Russia beginning Friday that is aimed at boosting anti-terror cooperation. Over a dozen countries will take part in the 'Zapad' exercise…
India & US ink agreement for Air-Launched UAV project
New Delhi: Ministry of Defence and US Department of Defence signed a Project Agreement (PA) for Air-Launched Unmanned Aerial Vehicle (ALUAV) under the Joint Working Group Air Systems in the Defence Technology and Trade Initiative (DTTI),…
Indian Navy & RSN conclude 28th edition of ‘SIMBEX’
New Delhi: The 28th edition of the Singapore-India Maritime Bilateral Exercise (SIMBEX) concluded on Saturday. "Indian Navy and Republic of Singapore Navy (RSN) successfully took part in SIMBEX conducted between September 2 to September 4",…
Financial Stability and Development Council asks regulators to ease norms
NEW DELHI: Finance Minister Nirmala Sitharaman has asked financial regulators to relax and simplify investment norms to boost the infrastructure investment instruments and for better coordination to speed up the monetisation project and…
Maruti Suzuki recalls 1.82 lakh cars to inspect and rectify safety defects
NEW DELHI: Maruti Suzuki on Friday announced a recall of 1,81,754 units of its passenger vehicles to inspect and rectify possible safety defects. This is the largest recall exercise by the largest carmaker and third-largest by any…