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आरईसी लिमिटेड ने 55वीं वार्षिक आम बैठक आयोजित की; अपनी पहली सस्टेनेबिलिटी रिपोर्ट जारी की
निदेशक मंडल ने ग्लोबल रिपोर्टिंग इनिशिएटिव, यूनिवर्सल स्टैंडर्ड्स 2021 के साथ संरेखित आरईसी की पहली सस्टेनेबिलिटी रिपोर्ट जारी की
RECPDCL Hands Over 2 SPVs on Renewable Energy projects in Rajasthan by PGCIL
Gurugram: REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the Ministry of Power, handed over two project specific SPVs (Special Purpose Vehicles). namely, Rajasthan…
At $242 billion, India 12th largest holder of US treasuries in June
MUMBAI: Given the high yields that the US government debt has been offering since the interest rates there peaked to a multi-decadal high, the Reserve Bank has been ramping up its investments in the world’s most sought-after public debt…
Centre finishes Digital Personal Data Protection Act draft rules, public consultation soon.
NEW DELHI: The government has finalised the rules for the Digital Personal Data Protection (DPDP) Act and will release them soon for public consultation, said Electronic and Information Technology Minister Ashwini Vaishnaw on Monday.
The…
India must create up to 148 million jobs by 2030, says IMF official
NEW DELHI: India needs to create an additional 148 million jobs by 2030 given the population growth, IMF’s First Deputy Managing Director Gita Gopinath said on Saturday.
“If you look at India’s projections in terms of population growth,…
FM calls for reforms in multilateral development banks at Global South Summit
NEW DELHI: Finance minister Nirmala Sithraman has called for views on actions needed to reform multilateral development banks (MDBs), and how the global south can collaborate better to raise the issue of debt distress faced by the low…
Top five discount brokers control 64.6 per cent of NSE volume in July
MUMBAI: Discount brokers continue to chip away market shares from traditional and full-service brokerages by increasing their market share to 64.6 per cent in July from the 58.1 percent last year..
Meanwhile, brokerages added 4.5 million…
Windfall tax on crude petroleum reduced to Rs 2,100 per tonne
NEW DELHI: The government has slashed windfall tax on domestically produced crude oil to Rs 2,100 per tonne, from Rs 4,600 per tonne with effect from Saturday.
The tax is levied in the form of Special Additional Excise Duty (SAED). The…
Buyback tax rules inequitable: Industry
NEW DELHI: Industry representatives have recently submitted representations to the finance minister, urging a reconsideration of new taxation rules concerning the buyback of shares. The 2024 Union Budget imposed up to a 39% tax on…
Manoj Govil appointed as expenditure secretary
NEW DELHI: In a major bureaucratic reshuffle, the government has changed several secretaries in the Ministry of Finance and Ministry of Commerce.
The government has also appointed Manoj Govil, currently secretary in the Ministry of…
Ecom Express files for Rs 2,600 crore IPO
MUMBAI: Ecom Express, which claims to be the only domestic pure-play B2C e-commerce logistics solutions provider, has filed for an initial share sale worth Rs 2,600 crore with the regulator Sebi.
According to the draft papers, the issue…
Sensex, Nifty surge in early trade tracking rally in global peers
MUMBAI: Equity benchmark indices Sensex and Nifty surged in early trade on Friday following a sharp rally in global markets along with buying in IT stocks and Reliance Industries.
The 30-share BSE Sensex jumped 805.96 points to 79,911.84…
DPIIT relooks at FDI from China: Govt sources
NEW DELHI: The Department for Promotion of Industry and Internal Trade (DPIIT) is considering revisiting the restrictions placed on foreign direct investment (FDI) from China as part of a broader evaluation of the country’s foreign…
Penalty if CIL fails to supply coal to consumer
NEW DELHI: In a first such instance, state-owned Coal India Limited (CIL) will be liable to pay a penalty if it fails to supply coal to consumers through e-auction. Until now, only buyers faced penalties for not lifting the full quantity…
India aims to become global semiconductor manufacturing hub – Modi
NEW DELHI: Prime Minister Narendra Modi announced that many global companies are eager to invest in India, with the nation poised to become a global leader in semiconductor production.
In his speech from the Red Fort, Modi emphasised the…
PFC Chief Inaugurates Research Anatomy Lab at IIT Madras as CSR Initiative
Chennai— Power sector Maharatna PFC Chairperson Smt. Parminder Chopra, inaugurated a state-of-the-art Anatomy laboratory at the Department of Medical Sciences and Technology, Indian Institute of Technology Madras (IIT Madras) on Tuesday.…
Customers porting to BSNL after tariff hike: Vodafone Idea CEO
NEW DELHI: Many Vodafone Idea Limited (VIL) customers are porting to the state-owned Bharat Sanchar Nigam Limited (BSNL) following a tariff increase by telecom companies in July 2024, said Vodafone Idea's Chief Executive Officer, Akshaya…
Study reveals success strategies of startups
Mumbai: In an interesting study, Indian Institute of Management Lucknow researchers have decoded the success strategies of unicorn startups -- companies that surpass a billion-dollar valuation. The findings reveal that startups led by…
IRCTC net income soars 33% despite decline in profit margin
New Delhi: Higher ticket sales offset the massive fall in profit margin and boosted the net income of the rail ticketing monopoly Indian Railway Catering and Tourism Corporation (IRCTC) by 33.3 percent on year to Rs 308 crore for the June…
I&B Ministry issues advisory to TV channels to show videos of calamities with time stamp
The advisory was issued because during continuous coverage of calamities for several days, the same footage is repeated instead of the real-time ground situation causing confusion among viewers.
