Faridabad – CII (Confederation of Indian Industry) Faridabad Zone held its Annual General Meeting at the luxurious Hotel Radisson Blu in Faridabad on January 21, 2025. The event was attended by prominent members of the business community, showcasing the strong ties between industry leaders. Highlights included discussions on future strategies and growth plans for the…
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New Delhi : The Reserve Bank of India (RBI) has imposed a monetary penalty of thirty-nine lakh rupees on Citibank N.A. for non-compliance with certain provisions related to the Large Exposures Framework (LEF) and Furnishing of Credit Information to Credit Information Companies (CICs). The penalty was levied under the Banking Regulation Act, 1949, following an…
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New Delhi : Gold and silver prices continued their downward trend in the Indian futures market on Wednesday, reflecting the impact of global economic uncertainties and anticipation of US President Donald Trump’s upcoming speech. Investors closely monitored the market movement, awaiting fresh signals that could influence precious metal prices. On the Multi Commodity Exchange (MCX),…
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Chittaranjan; 18.02.2025 : Celebrating its 75 glorious years, Chittaranjan Locomotive Works (CLW), the leading manufacturer of Electric Locomotives of Indian Railways, today on 18.02.2025, turned out the 581st Electric Locomotive for the financial year 2024-25,surpassing its highest ever production of 580 locomotives achieved in the financial year 2023-24. This is the highest ever production in…
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New Delhi: IndianOil organised a workshop on “Catalysing Corporate Partnerships for Indoor Solar Cooking System” in New Delhi in collaboration with Finovista. The workshop was focused on expanding access to Surya Nutan, the indoor solar cooking device by integrating it with government schemes, corporate foundations, and civil society initiatives. Surya Nutan, is an innovative hybrid…
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New Delhi : The Indian rupee continued its range-bound trade on Monday, depreciating by 5 paise to 86.76 against the US dollar in early trading. Forex traders attributed this weakness to a combination of significant foreign fund outflows and a negative trend in domestic equities. The rupee is currently facing a negative bias, as foreign…
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New Delhi : For the first time this financial year, India has achieved a remarkable milestone of Rs 1 lakh crore in iPhone exports. This achievement marks a significant step forward in India’s growing presence in the global smartphone market. Ashwini Vaishnaw, India’s Minister for Electronics and Information Technology, attributed this success to the government’s…
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New Delhi, Feb 7 ,2025: In a move aimed at providing relief to borrowers, the Reserve Bank of India (RBI)’s Monetary Policy Committee (MPC) on Friday lowered the policy repo rate by 0.25% to 6.25%, citing easing inflationary pressures. This marks the central bank’s first rate cut in almost five years, raising expectations of reduced…
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New York, Feb 6,2025 – Wall Street closed higher on Wednesday as investors evaluated corporate earnings reports, economic indicators, and global trade developments. The market showed resilience despite ongoing geopolitical uncertainties and mixed sector performances. The Dow Jones Industrial Average advanced 317.24 points, or 0.71%, to settle at 44,873.28. The S&P 500 added 23.60 points, or…
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Feb04, 2025: Gold prices soared by ₹400 to reach a historic high of ₹85,300 per 10 grams in Delhi, according to a report from news agency PTI, which cited data from the All India Sarafa Association. The surge in gold prices was attributed to a combination of factors, primarily the sharp depreciation of the rupee,…
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