New Delhi: The government will issue a tranche of sovereign gold bonds (SGBs) this month, and one more in February. The date for subscription for 2023-24 Series III is December 18-22, 2023, while for Series IV is scheduled for February 12-16, a finance ministry statement said Friday. The Series I was open for subscription during June…
New Delhi: The Karnataka government on Friday said it is encouraging companies to participate in the ongoing auction of several mines, including strategic blocks, in the state. Speaking at a conference on ‘Enhancing Exploration and Shaping Sustainable Supply Chain’ in Bengaluru, Deputy Director of Mines, Department of Mines and Geology, Karnataka, Harish H P, said the manufacturing…
Bhubaneswar: “Unaccounted” cash amounting to around Rs 250 crore is expected to be recovered through searches being conducted by the income-tax department against a Odisha-based distillery group and entities linked to it, official sources said on Friday. The raids launched against Boudh Distillery Private Limited on Wednesday are still continuing and cash amounting to more…
Mumbai: Governor Shaktikanta Das on Friday ruled out loosening interest rates, saying inflation remains top priority as a few months of good data should not lead to complacency, even as the Reserve Bank kept key policy rates unchanged for the fifth consecutive time. The six-member monetary policy committee of the Reserve Bank of India voted…
Mumbai: The Reserve Bank of India on Friday decided to keep the policy rate unchanged at 6.5 per cent for the fifth time in a row as it maintains a tight vigil on inflation. The rate increase cycle was paused in April after six consecutive rate hikes, aggregating to 250 basis points since May 2022. Announcing…
New Delhi: Finance Minister Nirmala Sitharaman on Thursday said the budget to be presented on February 1, 2024 would not have any “spectacular announcement” as it would be a vote on account in run up to the general elections. “It is a matter of truth that February 1, 2024 budget that will be announced will…
New Delhi: Veteran industrialist and former Tata Group Chairman Ratan Tata on Wednesday issued a “fake” alert for misusing his name on social media to “exaggerate investment” with risk-free and 100 per cent guarantee. In a post on Instagram, Tata called out a post from a user by the name of Sona Agrawal that used…
New Delhi: Saudi Arabia has rolled out a series of “transformative” measures like improving visa processing, accessibility and logistical support to ensure a more enriching experience for Indian pilgrims undertaking the journey to Mecca, Saudi Minister of Hajj and Umrah Tawfig bin Fawzan Al-Rabiah said on Wednesday. In an interview to PTI, Al-Rabiah said the initiatives…
Imphal: The bodies of 13 suspected cadres of the banned People’s Liberation Army (PLA) who were killed during an ambush near the Indo-Myanmar border were brought to Imphal for postmortem and legal procedures, officials said on Tuesday. The cadres, including two teenagers, are believed to be part of a group attempting to cross into Myanmar for…
New Delhi: As some opposition leaders have raised questions on EVMs after Assembly poll results were announced in five states, BJP leaders mocked them on Tuesday, saying they are looking for excuses to hide their own shortcomings. As the Bharatiya Janata Party (BJP) emerged victorious in three Hindi heartland states — Rajasthan, Madhya Pradesh and Chhattisgarh…
