December 13, 2021

New Delhi: Power Finance Corporation, a Maharatna Central Public Sector Enterprise  and India’s leading NBFC for the Power Sector has paid Rs 369.57 crore to Government of India and Rs 290.45 crore to other shareholders, totaling to Rs 660.02 crore…

US President Joe Biden on Saturday said he told Russian President Vladimir Putin that Russia would pay “a terrible price” and face devastating economic consequences if it invaded Ukraine. Biden told reporters the possibility of sending US ground…

Russian President Vladimir Putin drove a taxi to boost his income following the fall of the Soviet Union, state-run news agency RIA Novosti reported on Sunday. In a documentary film, RIA-Novosti quoted the Russian leader as saying: “Sometimes I…

Prime Minister Narendra Modi on Sunday said that Rs 1,300 crore had been paid to over one lakh depositors who could not access their money due to financial crises at banks and that a further three lakh such depositors were set to receive payments for…

Banks have written off Rs 2,02,781 crore of bad loans in the fiscal ended March 2021 when the Covid-19 pandemic hit the country and the Reserve Bank of India (RBI) allowed banks to announce reliefs like loan moratorium for borrowers. With this,…

Power consumption grew by 1.3 per cent in the first ten days of this month to 34.23 billion units (BU) over the same period a year ago, according to data from the Power Ministry. In 2020, power consumption was 33.78 BU during December 1 to 10. In…

Prioritisation of coal supplies for the power sector have led to rising input costs for the aluminium, steel and cement sectors and may lead to prolonged shutdowns at some plants, according to experts. Industry associations have written to the…

Stressing on the significance of the e-Shram portal to gather data of unorganised workers for evidence-based policy making, Labour Minister Bhupender Yadav said the government is committed towards achieving universalisation of social security. His…