New Delhi, January 8, 2025: Indian Railways is on track to meet its capital expenditure (capex) goals for the fiscal year 2024-25 (FY25), having utilized Rs 1,92,446 crore, or 76% of the gross budgetary support allocated to it. This spending, which has occurred in the first nine months of the year, is directed toward enhancing…
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New Delhi, January8, 2025: Online travel giant MakeMyTrip (MMT) has launched an innovative feature called the “Part Payment Option” aimed at enhancing the convenience of booking international flights. This groundbreaking option enables travelers to secure their bookings by paying just 10–40% of the total fare upfront. The exact upfront payment is determined based on factors…
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New Delhi, Jan 6, 2025: India’s services sector witnessed robust growth in December 2024, achieving the fastest expansion in four months, fueled by strong demand and easing inflationary pressures, according to a private survey released on Monday. The S&P Global India Services Purchasing Managers’ Index (PMI), compiled by HSBC, surged to 59.3 in December, up…
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Washington DC, January 6, 2025: The World Bank (International Bank for Reconstruction and Development, IBRD, rated Aaa/AAA) has successfully issued its first benchmark bond for 2025—a landmark Australian dollar (AUD) 1.75 billion 5-year Sustainable Development Bond. Maturing on January 10, 2030, the bond underscores the World Bank’s ongoing commitment to funding green and social initiatives…
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Kolkata, January5, 2025: UTI Mutual Fund (UTI) has announced the launch of the UTI Quant Fund, an active equity fund that combines predictive modelling with UTI’s extensive investment research expertise & investment process. The fund aims to consistently generate alpha over the broad index by dynamically adapting to market conditions and managing volatility. The NFO…
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Kolkata, January 5, 2025: Driven by exceptionally high growth in exports of aircraft, spacecraft and parts and ships, boats and floating structures, Indian engineering exports continued its growth run for the 7th straight month to November 2024, according to EEPC India. Other than these two product groups, exports of iron and steel turned positive for…
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Chandigarh, December 25 – Haryana Chief Minister, Sh. Nayab Singh Saini, on Wednesday, inaugurated and laid the foundation stones for six major development projects worth over Rs. 23 crore during the Dhanyawad programme held at the Kosli Assembly constituency in Rewari district. The projects include the inauguration of four initiatives valued at Rs. 20.53 crore…
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New Delhi, 12 December 2024 : The University of East London (UEL), which recently received the prestigious accolade of being named the UK University of the Year 2025 for Teaching Excellence, continues to strengthen its education offerings in a career-orientated and inclusive approach for Indian students. For the second consecutive year, it has been ranked…
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Kolkata- Marking a significant milestone in its three-decade journey to globalise Ayurveda, Jiva proudly announces the opening of Jivagram at Jagriti Dham – a premier 100-bed Ayurveda hospital in association with Infinity Group. Located in a lush-green natural environment, Jivagram at Jagriti Dham is a one-stop destination for complete Ayurvedic wellness. This state-of-the-art hospital takes…
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The Reserve Bank of India (RBI) has cut the Cash Reserve Ratio (CRR) by 50 basis points to 4% and reduced its GDP forecast to 6.6% from the earlier 7.2%, Governor Shaktikanta Das announced on Friday, December 6, during his monetary policy decision announcement speech. The CRR is the percentage of total deposits a bank…
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