Panaji: Prince Fahad Bin Mansour Al-Saud of Saudi Arabia on Sunday said there are lots of synergies between the start up ecosystems of India and his nation, which can open up several opportunities. Talking to PTI on the sidelines of G20-StartUp20 Engagement Group meeting, which culminated here during the day, Al-Saud said all the participating…
Panaji: The third meeting of the International Financial Architecture Working Group (IFAWG) of G20 will be held in Goa between June 5 to 7, an official said on Sunday. He said the meeting will explore ways to improve the international financial architecture and address the pressing issues faced by the global economy. The IFAWG is…
Mumbai: Union Minister Nitin Gadkari on Sunday said Mother Dairy will invest Rs 400 crore in Nagpur in a project for which the government will give 10 hectares of land. Speaking to reporters to highlight achievements in nine years of the Narendra Modi government, the senior Bharatiya Janata Party leader and Nagpur Lok Sabha MP said…
Mumbai: The Reserve Bank of India (RBI) will maintain the policy repo rate at 6.5 per cent during its upcoming June 8 announcement, considering the easing of retail inflation in April and the potential for further decline, indicating the effectiveness of previous policy rate actions, anticipate experts. Headed by Reserve Bank Governor Shaktikanta Das, a…
Johannesburg: Expansion of the BRICS bloc is still a work in progress and members of the five-nation grouping are approaching the idea with a positive intent and an open mind, External Affairs Minister S Jaishankar has said. Speaking after a meeting of the foreign ministers of BRICS (Brazil, Russia, India, China and South Africa) nations in…
Mumbai; The Maharashtra government has signed a Memorandum of Understanding with Bajaj Finserv under which the non-banking finance company will invest Rs 5,000 crore in Pune that is expected to create 40,000 jobs, Deputy Chief Minister Devendra Fadnavis said on Saturday. After signing the MoU, Fadnavis said Pune was gradually becoming a hub for financial services…
New Delhi: Regulator Irdai on Friday directed SBI Life Insurance Company to takeover the policy liabilities of around two lakh policies along with assets of Sahara India Life Insurance Co Ltd (SILIC) with immediate effect. The decision was taken at the meeting of the Insurance Regulatory and Development Authority of India (Irdai) in view of deteriorating…
New Delhi: The country’s largest airline IndiGo will start direct flights to six new destinations in Africa and Central Asia, including to Nairobi, Tbilisi and Tashkent, this year. Embarking on “massive” international expansion plans, the carrier will connect Nairobi in Kenya and Jakarta in Indonesia, with direct flights from Mumbai in late July or early…
Kolkata: Small tea growers (STGs) have submitted a status report to the Union Commerce Ministry highlighting the issues faced by them and also sought assistance from the government to achieve scale in their operations by setting up clusters. In the status report prepared by engaging consultancy firm BDO India LLP, the apex body of STGs the…
Kolkata: Industrial and medical gas producer Ellenbarrie Industrial Gases Ltd (Ellenbarrie) has signed a contract with TATA Metaliks Ltd (TML) for the long-term supply of gas to the latter’s Kharagpur plant. Under the contract, the gas producer will provide 250 metric tonne of oxygen per day, along with nitrogen and argon, to cater to the increased…
