New Delhi: S&P Global Ratings on Thursday affirmed India’s sovereign rating at ‘BBB-‘ with a stable outlook and said sound economic fundamentals will underpin growth over the next 2-3 years. The stable outlook on the long-term rating reflects S&P’s view that India’s strong economy and healthy revenue growth will support its weak fiscal settings. “S&P Global…
Mumbai: Electric bus maker PMI Electro Mobility on Thursday announced its entry into the Goa market with the delivery of 20 e-buses to state-owned Kadamba Transport Corporation Limited (KTCL). The delivery of these buses are part of a larger order of 48 electric buses, which are to be supplied to the public sector transport operator before…
New Delhi: Integrated financial services platform airpay on Thursday said it has gone live on the Open Network for Digital Commerce (ONDC). This will enable airpay’s vyaapaaris to have access to an array of local businesses offering multiple products and services on ONDC to consumers, it said in a release. Presently, airpay vyaapaaris offer banking and…
New Delhi: Shares of the country’s largest insurer LIC have tumbled nearly 40 per cent from its issue price in the first year of trade, with investors’ wealth eroding by Rs 1.93 lakh crore. LIC had listed at over 8 per cent discount on May 17 last year after a successful Initial Public Offering (IPO) which…
New Delhi: Prime Minister Narendra Modi will chair NITI Aayog’s Governing Council meeting on May 27, and issues related to the economy, agriculture and health are expected to be taken up for discussions, according to official sources. The council, the apex body of NITI Aayog, includes all Chief Ministers, Lieutenant Governors of Union Territories, and several…
New Delhi: The Union Cabinet on Wednesday approved a Rs 1.08 lakh crore-fertiliser subsidy for the 2023-24 Kharif season, a move aimed to ensure that there is no increase in the retail prices of fertilisers. For the Kharif season, the Cabinet has approved Rs 70,000 crore subsidy for urea and Rs 38,000 crore for DAP…
Mumbai: Low-cost international carrier Air India Express on Tuesday said it has hired over 280 pilots and 250 cabin crew during a recent recruitment drive conducted across Delhi, Mumbai and Bangalore. Approximately 300 pilots actively participated in the selection process conducted during the drive, the airline said. Formerly under the Indian Government, Air India Express is…
New Delhi: “Kennedy” is darker than what Anurag Kashyap explored in “Ugly”, says actor Rahul Bhat who believes his role of a cop-turned-assassin is the director’s version of an “angry middle-aged man”. The upcoming noirish thriller, set for Cannes premiere later this month, follows the titular character working for a corrupt police force with scores…
Bhubaneswar: Union Minister G Kishan Reddy Sunday said the Second G20 Culture Working Group (CWG) meeting here will discuss joint heritage conservation projects and various exchange programmes in order to boost interconnected communities.. Delegates from G20 members, guest nations and several international organisations arrived here on Sunday for the Second G20 CWG meeting that commences from…
(Our Business Desk) If you offer a gift with a purchase, your brand will attract more customers than other companies as it motivates customers to impulse buy. The Cheers group are giving away free trolley bag to their customers. With a purchase of just four bottles of their iconic, “Secret Island” Indian single-malt whisky, every…
