Washington: The World Bank has approved a USD 188.28-million loan to stimulate economic growth in the Indian state of Maharashtra, especially in the lagging districts, a media release said. The USD188.28 million Maharashtra Strengthening Institutional Capabilities in districts for enabling growth operation will support district planning and growth strategies, the bank said in a statement….
New Delhi: The Lok Sabha on Tuesday passed the Banking Laws (Amendment) Bill, 2024, which allows bank account holders to have up to four nominees in their accounts. Another proposed change relates to redefining ‘substantial interest’ for directorships, which could increase to Rs 2 crore instead of the current limit of Rs 5 lakh, which…
Panaji: If you are a whisky lover, you would have experienced the magic of Scotch, known for its deep flavours, rich history and craftsmanship. Scotch has been one of the most sought-after spirits globally. In India, imported Scotch whisky is a luxury and a celebration. Whether it’s a special occasion, a gift or just an…
Mumbai: Extending the winning run to the third straight day, benchmark Sensex jumped 597 points on Tuesday on buying in blue-chip stocks like HDFC Bank, Reliance Industries and firm trends in global markets. The 30-share index jumped 597.67 points or 0.74 per cent to settle at 80,845.75. During the day, it surged 701.02 points or…
New Delhi: India remains committed to engaging with China to arrive at a fair and mutually acceptable framework for boundary settlement, External Affairs Minister S Jaishankar said on Tuesday, noting that India-China relations cannot be normal in the absence of a clearly articulated approach. Making a statement in the Lok Sabha, the minister said India-China…
New Delhi: There is a need to place “national security filters” for economic decisions, including those relating to investment, External Affairs Minister S Jaishankar said on Monday, in remarks that came amid increasing global concerns over China’s aggressive trade practices. “Like it or not, we are increasingly in an era of leveraging, if not of…
Chennai: Shree Cement, a leading name in India’s cement industry, has been honored with the prestigious CII Performance Excellence Awards 2024 for its innovative renewable energy projects. The awards were presented during the valedictory session of the 23rd Green Power Conference, a flagship event of the Confederation of Indian Industry (CII), held in Chennai. The…
Mumbai: Domestic carrier SpiceJet on Monday said it has secured the rights to operate Haj flights in 2025 from four key cities in the country — Kolkata, Guwahati, Srinagar, and Gaya. As part of its mandate, SpiceJet will operate over 100 special flights for Haj 2025, using a mix of narrow-body and wide-body aircraft, and…
New Delhi: Gross GST collections grew 8.5 percent to over Rs 1.82 lakh crore in November on account of increased sales spurred by the festive season. The Central GST collection stood at Rs 34,141 crore, State GST at Rs 43,047 crore, Integrated IGST (Rs 91,828 crore) and cess (Rs 13,253 crore), according to government data…
Jaipur: Adani group chairman Gautam Adani on Saturday responded to recent allegations and indictment in the US, saying that the conglomerate was committed to compliances and “every attack makes us stronger”. “Less than two week back, we faced a set of allegations from the US about compliance practices. This is not the first time we…
