FPIs invest Rs 43,838 crore in India in May
New Delhi: Foreign portfolio investors (FPI) invested Rs 43,838 crore in the Indian stock markets in May.V.K. Vijayakumar, Chief Investment Strategist...
Maharashtra govt signs MoU with Bajaj Finserv to invest Rs 5,000 crore in Pune
The Maharashtra government has signed a Memorandum of Understanding - MoU with Bajaj Finserv on Saturday in Mumbai. Under this MoU, the non-banking fi...
India’s forex kitty drops USD 4.34 billion to USD 589.14 billion
Mumbai: Falling for the second consecutive week, India’s forex reserves dropped by USD 4.339 billion to USD 589.138 billion for the week ended May 26,...
Centre imposes stock limits on Tur and Urad dal to prevent hoarding and speculation
To prevent hoarding and unscrupulous speculation and also to improve affordability to the consumers in respect of tur dal and urad dal, the Government...
GST collections for May fell 19 per cent to Rs 1,57,090 crore
New Delhi: The gross Goods and Services Tax (GST) revenue collections for May fell by 19 per cent to Rs 1,57,090 crore. The figures had touched their ...
UPI hits record 9 billion transactions worth Rs 14 lakh crore
The Unified Payments Interface UPI registered record more than nine billion transactions last month amounting to over 14 lakh crore rupees.According t...
Indian economy steps up its GDP growth to CAGR of 7.8 percent in the next decade: President of CII R. Dinesh
President of CII R Dinesh explained, "Capital investments, at a higher scale by the Government and expected fresh ones by the private sector, will dri...
Commercial LPG cylinder prices slashed by Rs 83.5
New Delhi: Prices of commercial LPG cylinders have been slashed by Rs 83.50 to Rs 1,773 per unit of 19 kg with immediate effect.However, there has bee...
India's GDP growth hits 7.2 per cent for fiscal year 2022-23 after better than expected performance in fourth Quarter
India's Gross Domestic Product (GDP) is pegged to grow at 7.2 per cent during the fiscal year 2022-23 as per the Statistics Ministry's provisional est...
Cabinet approves Rs 1 lakh crore scheme to increase grain storage capacity in co-operative sector
New Delhi: The Union Cabinet has approved one lakh crore rupee scheme to increase grain storage capacity in cooperative sector. Briefing media in New ...
Government launches Electronics Repair Services Outsourcing to make India Repair Capital of the World
In line with the vision of Prime Minister Narendra Modi to make India a global electronics powerhouse, Government yesterday launched Electronics Repai...
Morgan Stanley credits Modi govt for India’s transformation in Less than a Decade
After the World Bank and United Nations, US-based global investment bank Morgan Stanley has reaffirmed faith in the India story. In a report detailing...
Sri Lankan Power & Energy Minister Kanchana Wijesekara announces price revision in case of petrol & other petroleum products
In Sri Lanka, power and energy minister Kanchana Wijesekara has announced a price revision in case of petrol and other petroleum products. The ministe...
Manappuram Finance launches Ma-Money app
Kochi: Seeking to tap into the growing digital lending sector, Kerala-based Manappuram Finance Ltd has launched Ma-Money, a new digital lending platfo...
Number of Rs 500 fake currency notes rose by 14.6 per cent: RBI
New Delhi/Chennai: The number of counterfeit currency notes of Rs 500 denomination detected by the banking system, rose by 14.6 per cent to 91,110 pie...
India extends credit facility of USD 1 billion available to Sri Lanka for use till March 2024
An Amendment Agreement to extend the tenure of a USD 1 billion Credit Facility was signed in Sri Lanka on Tuesday. The agreement marks an important st...
India's growth momentum likely to be sustained in 2023-24: RBI
Mumbai: On the back of sound macroeconomic policies and softer commodity prices, India's growth momentum is likely to be sustained in 2023-24 in an at...
Government to waive off ISTS charges for Off-Shore Wind Projects
The Government has decided to grant waiver of Inter-State Transmission Charges ISTS charges to Off-Shore Wind Projects and extend the waiver to Green ...
Union Minister Pralhad Joshi says Government is working to stop import of thermal coal completely by 2025-2026
Mumbai: Union Minister of Coal and Mines and Parliamentary Affairs Pralhad Joshi today said that the Government is working to stop the import of therm...
Rupee rises 6 paise to 82.54 against US dollar
Mumbai: The rupee gained 6 paise to 82.54 against the US dollar in early trade on Monday, tracking positive trends in domestic and global markets as w...
Battlegrounds Mobile India mobile game now available for play in India
New Delhi: South Korean video game developer Krafton on Monday announced that the video game Battlegrounds Mobile India (BGMI) is now available for pl...
Tesla Model Y emerges as world’s bestselling car
New Delhi: Tesla Model Y has become the first all-electric vehicle to be billed as the world’s bestselling car, a report has shown.Tesla Model Y surpa...
Centre to issue commemorative Rs 75 coin to mark inauguration of new Parliament Building
New Delhi: The government will issue a commemorative Rs 75 coin to mark the inauguration of new Parliament Building on May 28 by Prime Minister Narend...
Mahindra's Q4 net profit rises 22.1% to Rs 1,549 crore
Pune: Mahindra & Mahindra, the SUV specialist, on Friday posted a net profit of 22.1 per cent at Rs 1,549 crore for the quarter ended March, up fr...
CBDT increases tax exemption limit on leave encashment for non-govt salaried employees to Rs 25 lakh
The Central Board of Direct Taxes has issued a notification to increase the limit for tax exemption on leave encashment for non-government salaried em...
Oil prices fall after Russian played down OPEC production cuts
Oil prices fell yesterday after Russian Deputy Prime Minister Alexander Novak played down the prospect of further OPEC production cuts at its meeting ...
Ministry of Coal extends last date for submission of bids till 27th June for ongoing 7th round of Commercial Coal Mine auctions
The Ministry of Coal has extended the last date for submission of bids till 27th of next month for the ongoing 7th round of Commercial Coal Mine aucti...
India's forex reserves at comfortable position to meet any requirements: Piyush Goyal
New Delhi: India has a strong foreign exchange reserve and the country is in a comfortable position to meet all the requirements even in any worst-cas...
Banks across the country to start accepting 2,000 rupee notes for exchange from today
Mumbai: The Banks across the country will start accepting 2,000 rupee notes for exchange from today. In a circular issued yesterday, the Reserve...
EPFO adds 1.39 crore members during financial year 2022-23
The Employees' Provident Fund Organisation (EPFO) has added 1.39 crore members during the financial year 2022-23. Provisional payroll data of EPFO hig...
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