New Delhi : India’s Unified Payments Interface (UPI) has set a new benchmark in the global digital payments landscape, processing nearly ₹81 lakh crore worth of transactions during the April to July period this year. This remarkable achievement represents a 37% year-on-year increase, showcasing the rapid growth and adoption of digital payments in India. The…
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New Delhi August 30 2024 : In a significant step for the global aviation industry, India has approved the final regulatory requirement for the merger of Air India Ltd. with its smaller competitor, Vistara. This approval includes a substantial foreign direct investment (FDI) of $276 million by Singapore Airlines Ltd. as part of the merger…
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New Delhi , 28 August , 2024 –The Power Sector Skill Council (PSSC) has launched the Lineman Certification Program under the Recognition of Prior Learning (RPL) initiative in association with BSES Yamuna Power Limited (BYPL) aligned with the Central Electricity Authority (CEA) Safety Regulations. This strategic program aims to enhance the skill sets of BYPL’s…
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New Delhi : The Securities and Exchange Board of India (Sebi) has imposed a significant penalty and restrictions on industrialist Anil Ambani and 24 other entities, including former key officials of Reliance Home Finance, in a high-profile case involving fund diversion. Sebi has barred Anil Ambani from participating in the securities market for five years.…
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Apple is making significant strides in expanding its manufacturing capabilities in India by planning to assemble the premium Pro and Pro Max models of the upcoming iPhone 16 series through its partner, Foxconn. This marks the first time these high-end models will be produced in India. According to a Bloomberg News report, Apple has already…
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New Delhi August 13 2024 : The Supreme Court on Tuesday closed the contempt case against Swami Ramdev and Patanjali Ayurved Managing Director Acharya Balakrishna, accepting their unconditional apology and an undertaking to refrain from issuing misleading advertisements. A bench comprising Justices Hima Kohli and Sandeep Mehta accepted the apologies, which had been repeatedly offered…
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The Indian stock market saw a mixed day with the Sensex gaining 200 points, or 0.24%, ending at 79,900.98, while the Nifty rose by 48.40 points, or 0.20%, closing at 24,415.90. The market breadth was slightly negative, with 1,715 shares advancing, 1,737 shares declining, and 106 shares remaining unchanged. Among the top gainers on the…
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Mumbai, August 9, 2024: The BSE Sensex jumped 824 points to reach 79,984.24 in early trade on Friday, with all sectoral indices trading in the green. The National Stock Exchange (NSE) also saw a significant rise, gaining 250.45 points to 24,367.45. After experiencing high volatility over the past three sessions, with a steep drop of…
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Mumbai, August 7, 2024: The rupee appreciated by 6 paise to 83.86 against the USD in the opening trade on Wednesday, driven by the selling of US dollars by bankers and exporters, as reported by foreign exchange dealers. This marks another session of gains for the domestic currency, which has been buoyed by a combination…
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The Reserve Bank of India (RBI), in view of the continuation of the Modified Interest Subvention Scheme by the central government, has asked banks to provide short-term crop loans and loans for allied activities such as animal husbandry, dairy, fisheries, and beekeeping up to a limit of ₹3 lakh per farmer at an interest rate…
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