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Economy

India records $63.1 bn balance of payments surplus in H1FY22: Economic Survey

New Delhi, Jan 31 (IANS) Robust capital flows into India resulted in an overall balance of payments (BoP) surplus of $63.1 billion in H1FY22,...

21 projects inaugurated during ‘Food Processing Week’

New Delhi, Sep 13 (IANS) With an aim to provide modern infrastructure facilities for food processing industries along the value chain from farm to...

Divestment Flight: Centre receives financial bids for Air India

New Delhi, Sep 15 (IANS) The Centre on Wednesday received multiple financial bids for divestment of national carrier Air India. Tata Sons and industrialist Ajay...

RBI announces new framework to tackle bad loan problem

New Delhi: The Reserve Bank of India, on February 12, said it was withdrawing all its existing mechanisms for tackling bad debt at...

Civil Aviation Ministry’s allocation dips to Rs 3,113.36 crore in Budget 2023-24

New Delhi, Feb 1 (IANS) The Civil Aviation Ministry witnessed a significant decline in its allocation in Budget 2023-24 presented on Wednesday. The Budget allocated...

No mention of real estate loans in PMC Bank’s 2019 report

Mumbai, Oct 3 (IANS) It was all smooth sailing at the Punjab Maharashtra Cooperative (PMC) Bank till recently before the NPA concealment fraud came...

Jeff Bezos vs Mukesh Ambani: Battle royale for India’s retail crown

New Delhi, Oct 20 (IANS) The arbitration proceedings between Amazon and Kishore Biyani have begun in Singapore. Former Attorney General of Singapore, V.K. Rajah concluded...

Over 30 countries may participate in Bengaluru Tech Summit: K’taka minister

Bengaluru, Nov 9 (IANS) The annual flagship event of the Karnataka government as well as of the Centre, the Bengaluru Tech Summit (BTS-2021), touted...

US Fed’s remarks trigger relief rally in global equities

IANS Photo Mumbai, March 21 (IANS) The inline outcome from the US central bank brought cheer to the...

India’s biggest floating solar power plant coming up in T’gana

By Mohammed Shafeeq Hyderabad, April 3 (IANS) India's biggest floating solar power plant with a capacity of 100 megawatt is expected to become operational in...