Category: Business

New Delhi: Civil Aviation Minister Jyotiraditya Scindia on Monday inaugurated the integrated office complex for aviation regulators in the national capital. The integrated office complex ‘Udaan Bhawan’ in the national capital will house DGCA (Directorate General of Civil Aviation), BCAS (Bureau of Civil Aviation Security), AERA (Airports Economic Regulatory Authority), AAIB (Aircraft Accident Investigation Bureau)…

New Delhi: Prime Minister Narendra Modi has said that India emerging as the fastest-growing large economy is no accident as its simple, scalable and sustainable solutions have empowered the vulnerable and the marginalised to lead the country’s development story. In a write-up in the Information and Broadcasting Ministry’s e-book, ‘People’s G20’, Modi said as the…

New Delhi: India’s economic growth will be above 6 per cent in the current fiscal as the country has managed to strengthen its macroeconomic stability and performance even in a period of large global shocks, RBI Monetary Policy Committee (MPC) Member Ashima Goyal said on Monday. Goyal further said that a global slowdown reducing India’s…

New Delhi: Prime Minister Narendra Modi said on Monday that this Parliament session may be short in duration but is big on occasion, and is of “historic decisions”. In his remarks to the media ahead of the five-day session, Modi noted that Parliament will move to the new building on Tuesday as he asked MPs to…

Goa: Blended is better, in life and Scotch! Scottish Legend blended Scotch whisky is the latest brand from Cheers group’s award-winning portfolio launched in India, to satisfy both its loyal enthusiasts and new aficionados. Scottish Legend, sure would entice consumers into the fairy tales of Scotland, a land rich in myth and legend.  The exquisite diamond-cut…

New Delhi: The government on Friday hiked special additional excise duty (SAED) on crude petroleum to Rs 10,000 per tonne with effect from September 16. In the last fortnightly review on September 1, windfall tax on domestically produced crude oil was set at Rs 6,700/tonne. Besides, the SAED or duty on export of diesel will be…

Bengaluru: The Karnataka government on Friday organised a mega event of reading the Constitution’s preamble as part of the ‘International Day of Democracy’ celebrations with tens of lakhs of people participating in the programme from India and abroad at the same time. Chief Minister Siddaramaiah led the celebrations, along with Deputy Chief Minister D K Shivakumar…

Mumbai: Reserve Bank of India on Thursday said 15 large NBFCs, including LIC Housing Finance, Bajaj Finance, Shriram Finance and Tata Sons, will be subject to enhanced regulatory requirements. The central bank has categorised NBFCs into Base Layer (NBFC-BL), Middle Layer (NBFC-ML), Upper Layer (NBFC-UL) and Top Layer (NBFC-TL). A list of 15 large Non…

Nizamabad: BRS MLC K Kavitha on Thursday said the Enforcement Directorate (ED) notice issued to her in the Delhi Excise Policy case is politically motivated, and that the party’s legal team would decide the future course of action on it. The Enforcement Directorate has summoned the daughter of Telangana Chief Minister K Chandrashekar Rao to…

New Delhi: In a departure from global trends, India has recorded a substantial 76 per cent drop in solar module imports from China during the first half of 2023 which reflects New Delhi’s resolute shift towards self-sufficiency in solar manufacturing, a new report said on Thursday. Year-on-year, India’s solar module imports from China plummeted from…