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PFC Shines at ASSOCHAM 2024: Awarded for Outstanding Corporate Bond Market Performance
Mumbai: Power sector Maharatna PFC has won ASSOCHAM’s prestigious Corporate Bond Market 2024 Award in the CB-Private Placement category. The award was presented at the 7th National Summit and Awards, Corporate Bond Market 2024 held on…
FM Sitharaman asserts GST on insurance decisions rest with GST Council
NEW DELHI: Finance Minister Nirmala Sitharaman emphasized in the Rajya Sabha on Thursday that the decision regarding the Goods and Services Tax (GST) on health and life insurance premiums rests solely with the GST Council. She stated that…
Disconnect resources of entity caught engaging in spam activities: TRAI
NEW DELHI: In a bid to combat the rising menace of spam calls in the country, the Telecom Regulatory Authority of India (TRAI) directed telecom service providers (TSPs) on Thursday to disconnect the telecom resources of any entity caught…
Consultation for satellite spectrum grant to begin
NEW DELHI: Citing the ongoing growth momentum led by government capex, deleveraged balance sheets of corporate quality banks’ assets, and a likely revival in private corporate capex, India Ratings has upped its growth forecast for the…
Early signs of tariff hike encouraging, no major impact on telecom users: Vittal
NEW DELHI: The early signs of the tariff hike by telecom service providers are encouraging, and it has not had a significant impact on telecom subscribers, said Gopal Vittal, managing director of Bharti Airtel, on Tuesday.
Vittal,…
Power Sector Maharatna PFC Ltd. maintains strong growth, declares Rs. 3.25 Interim
New Delhi: "PFC’s sustained success is reflected in its ability to deliver value to shareholders. The company's strong performance has enabled it to declare an interim dividend of Rs. 3.25 per share in Q1’25, " said Power Sector…
Global equities rout on US growth concerns sends Sensex, Nifty down
MUMBAI: Stock market benchmark indices Sensex and Nifty crashed nearly 3 per cent on Monday following extremely weak trends in global equity markets amid fears of a slowdown in the US economy.
The 30-share BSE Sensex plummeted 2,222.55…
Investors become poorer by Rs 9.51 lakh crore as markets crash
NEW DELHI: Investors' wealth eroded by Rs 9.51 lakh crore on Monday morning, following a crash in equity markets where the benchmark Sensex tanked over 2,400 points, mirroring a sharp plunge in global peers.
The 30-share BSE benchmark…
Rupee hits record low of 83.80 vs US dollar in early session.
MUMBAI: Rupee opened on a muted note and fell to an all-time low of 83.
80 against the US dollar on Monday, as the risk off situation in world markets kept the dollar well bid.
Forex traders said the sharp downfall in the domestic…
आर.ई.सी. लिमिटेड, गुरुग्राम में विद्युत मंत्रालय एवं इसके नियंत्रणाधीन कार्यालयों का अखिल भारतीय…
गुरुग्राम: भारत सरकार के विद्युत मंत्रालय के तत्त्वावधान में शनिवार, अगस्त 03 को विद्युत मंत्रालय तथा इसके नियंत्रणाधीन कार्यालयों के राजभाषा अधिकारियों के अखिल भारतीय राजभाषा सम्मेलन का आयोजन किया गया। भारत सरकार के सूचना एवम्…
Next round of India-ASEAN trade agreement review talks in November
NEW DELHI: The next round of talks for the ongoing review meeting of the India-Asean free trade agreement in goods will be held in November, an official statement said on Saturday.
The third round of the negotiations was concluded on…
India achieves highest global growth rate in agricultural GDP
NEW DELHI: Agriculture has been a key focus area of India's development strategy, achieving a remarkable growth rate of 5 percent in the farm sector over the seven years from 2016-17 to 2022-23, according to Niti Aayog member Ramesh Chand.…
India’s forex reserves drop by USD 3.4 billion
MUMBAI: Indicating serious intervention in the forex market to defend the rupee that has plumbed to record lows in the week, the forex reserves have come off the record highs, falling by $3.4 billion to $667.39 billion for the week ending…
Gross GST collection for July rises 10.3% to Rs 1.82 lakh crore
NEW DELHI: After facing criticism for not officially announcing the monthly GST collection numbers in June, the government on Thursday announced the revenue figures for July 2024. The gross GST collection in July rose 10.3% to Rs 1.82 lakh…
Sensex, Nifty reach record levels
MUMBAI: Benchmark BSE Sensex jumped 388 points to breach the 82,000 level for the first time while broader Nifty spurted 108 points to hit the record 25,000 mark in early trade on Thursday after the US Federal Reserve indicated a rate cut…
Spanish Media Reports India’s Story: Growth remains above 6%
With beginning of new month August 2024, we launch a news sharing collaboration with a leading Spanish journal ATALAYAR, from Madrid, to bring Europe's and particularly Spanish media coverage of Indian, Asian and Global Affairs, for the…
India Ratings jacks up growth forecast to 7.5% this fiscal
New Delhi: Citing the ongoing growth momentum led by government capex, deleveraged balance sheets of corporate robust quality banks’ assets, and a likely revival in private corporate capex, India Ratings has upped its growth forecast for…
50% increase in personal income tax collections in Q1
New Delhi: A 50% growth in personal income tax collections has helped the Centre’s gross tax collection surge 23.65% in the first quarter of the current financial year. Personal income tax collections in the April-June period rose almost…
NSE issues warning letter to Suzlon for disclosure lapses
NEW DELHI: The National Stock Exchange of India Limited (NSE) has issued a warning letter to Suzlon Energy Ltd for non-compliance with disclosure rules.
In its letter to Suzlon, NSE observed that a disclosure of an analyst's call of the…
Govt’s stand on Chinese investment unchanged- Piyush Goyal
NEW DELHI: Commerce Minister Piyush Goyal on Tuesday said there has been no rethink on the government's stand on allowing Chinese investment and the views expressed in the Economic Survey do not represent the government's views.
Replying…
