FSIB recommends CS Shetty as next SBI Chairman
New Delhi, June 29 - The Financial Services Institutions Bureau (FSIB) has recommended the name of Challa Sreenivasulu Setty as the Chairman of the State Bank of India (SBI), the country’s largest lender.
RBI inks pact to link UPI with 4 ASEAN countries for instant cross-border retail payments
Mumbai, July 1 - Reserve Bank of India (RBI) on Monday announced that it has now joined Project Nexus with the four ASEAN countries to create a platform to facilitate instantaneous cross-border retail payments.
Union Minister to launch campaign for redressal of family pensioners’ grievances on Monday
New Delhi, June 30 - Dr Jitendra Singh, Minister of State for Personnel, Public Grievances and Pensions, will launch the special campaign for effective redressal of family pensioners’ grievances in New Delhi on Monday.
Market Outlook: PMI data, budget & auto sales key triggers for this week
Mumbai, June 30 - Indian equity indices closed with gains last week despite mixed cues from global peers. Frontline indices both Sensex and Nifty posted gains of more than 2 per cent making their fourth consecutive week of growth.
Mumbai, Delhi see strong growth in prime property prices globally: Report
New Delhi, June 30 - As India remains a resilient economy amid global headwinds, Mumbai and Delhi experienced robust annual growth in prime residential property prices among the top 44 cities worldwide in the first quarter (Q1 2024) this year.
NTPC board gives go-ahead for raising Rs 12,000 crore via NCDs
New Delhi, June 29 - Government-owned power giant NTPC said on Saturday that its board has cleared a proposal to raise up to Rs 12,000 crore through the issuance of bonds and non-convertible debentures (NCDs).
Bangladesh passes 68 billion USD budget for next fiscal year
Dhaka, June 30 - The Bangladesh parliament on Sunday passed a record 7.97-trillion-Taka (68 billion US dollars) national budget for the 2024-25 fiscal year (July 2024-June 2025).
Afghanistan exports goods worth 304 mln USD in three-months
Kabul, June 30 - Afghanistan exported commercial goods valued at 304 million U.S. dollars from March 20 to June 20, said the country's Ministry of Commerce and Industry.
Japan’s antitrust watchdog to issue warning to Toyota subsidiary
Tokyo, June 30 - Japan's antitrust watchdog plans to issue a warning to a Toyota Motor Corp. subsidiary after discovering it forced subcontractors to store auto parts molds without paying the costs, local media reported on Sunday.
Canadian airline WestJet cancels 235 more flights amid strike
Vancouver, June 30 - Canada's second-largest airline, the WestJet Group, has announced an additional 235 flight cancellations due to a strike by its aircraft maintenance engineers.
India’s manufacturing activity surges in June, hiring at 19-year high
New Delhi, July 1 - India's manufacturing activity picked up momentum in June on the back of rising consumer demand leading to the fastest rate of hiring in 19 years, according to HSBC's final India Manufacturing Purchasing Managers' Index (PMI), compiled by S&P
Sensex, Nifty trade higher on positive global cues
Mumbai, July 1 - Indian equity indices opened in the green on Monday following positive global cues. At 9:40 a.m., Sensex was at 79,197, up 165 points or 0.21 per cent and Nifty was at 24,069, up 58 points or 0.22 per cent.
40 pc jump in quick commerce spending during T20 WC final: Report
New Delhi, June 30 - Fintech startup Simpl on Sunday said that it witnessed a 40 per cent jump in consumer spending on its platform around the T20 World Cup Final.
Indian equity markets surge nearly 14 pc in June quarter, leads in world top 10
Mumbai, June 30 - Indian stock indices gave a stellar performance in the June quarter of FY 2024-25. During the April- June period, Indian stock market capitalisation increased by 13.8 per cent, the highest among the top 10 stock markets.
Meta purged over 21 mn pieces of bad content on FB, Insta in India in May
New Delhi, June 29 - Meta said that it took down over 15.6 million pieces of bad content across 13 policies for Facebook and more than 5.8 million pieces of objectionable content across 12 policies for Instagram in India in May.
India a global leader in curative & preventive healthcare: Union Minister
New Delhi, June 29 - India has become a global leader not only in curative healthcare but also in preventive healthcare owing to Prime Minister Narendra Modi’s vision of universal healthcare for all, Jitendra Singh, Union Minister of State (Independent Charge) for Science
Tata Consumer gets Rs 171.83 crore tax demand from I-T department
Mumbai, June 29 - Tata Consumer Products Ltd on Saturday said it has received an income tax demand of Rs 171.83 crore for the assessment year 2019-20. bu
PM Modi’s approach to digital public infra has been relentless, meticulous: Amitabh Kant
New Delhi, June 29 - Prime Minister Narendra Modi's approach towards digital public infrastructure has been relentless and meticulous, delivering rich dividends for Indian citizens, said G20 Sherpa and former NITI Aayog CEO Amitabh Kant on Saturday.
Govt launches eSankhyiki data portal to mark India’s Statistics Day
New Delhi, June 29 - The Ministry of Statistics and Programme Implementation (MOSPI) on Saturday launched an eSankhyiki portal with the objective of establishing a comprehensive data management and sharing system for ease of dissemination of official statistics in the country.
IBM, Gujarat govt sign MoU to establish ‘AI Cluster’ in GIFT City
New Delhi, June 29 - IT major IBM and the Department of Science and Technology, Government of Gujarat, on Saturday, entered a Memorandum of Understanding (MoU) to establish and promote an artificial intelligence (AI) Cluster leveraging IBM’s Watsonx to foster innovation and collaboration