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‘Economic recovery reduces risk of sharp deterioration in PSBs’ asset quality’
New Delhi: India's 2021 economic recovery reduces the likelihood of a sharp deterioration in asset quality at the country's public sector banks, said Moody's Investors Service in a report.
However, the ratings agency said banks'…
Petrostates need to bridge $9 trillion income gap in energy transition: Report
New Delhi: Oil and gas producing countries face a multi-trillion dollar hole in government revenues over the next 20 years as the world decarbonises, with some needing strong international support to diversify their economies and avoid…
Tesla to set up Electric Car manufacturing unit in Karnataka
Bengaluru, Feb 13 (UNI) Karnataka Chief Minister BS Yediyurappa on Saturday said that billionaire Elon Musk-led Tesla will set up its electric car manufacturing unit in the state as he listed out at least nine benefits promised in the Union…
Havells Marks Its Entry Into Electric Skincare Segment
(Business Wire India) With the latest launch, the company aims to attain 25% market share for the segment in the next 2-3 years. Introduces a complete range for skincare products - from nail shiner to multi-purpose skincare device to…
Powergrid’s nine month FY21 net profit (pat) rises 10% to ₹8,420 crore total income also grows by 7…
NEW DELHI Power Grid Corporation of India Limited (POWERGRID), a ‘Maharatna’ Company under Ministry of Power, Government of India has posted Profit After Tax and Total Income for the nine months ended 31st December 2020 on standalone basis…
Discovering a city
A delightful book of 11 short stories, each focussed on a different area and era of Bengaluru, Eleven Stops to the Present uncovers several unknown aspects of the city’s rich history and interesting past, albeit in a way that is both…
Alliance Air to start flight services to Pantnagar from Delhi via Dehradun from February 16
MUMBAI: Air India's regional subsidiary Alliance Air will resume its flight services to Pantnagar, in Uttarakhand from Delhi via Dehradun from February 16, the airline has said.
The airline will be deploying its 70-seater ATR 72 aircraft…
Facebook’s Oversight Board takes up new case from India containing insinuations against RSS,…
NEW DELHI: Facebook's Oversight Board has taken up a new case related to a user's post that was shared from a Punjabi-language online platform and contained insinuations against Rashtriya Swayamsevak Sangh (RSS) and Prime Minister Narendra…
Indian Railways’ freight revenue in first 12 days of February overtakes last year’s…
New Delhi , February 13 For the first time in the COVID-19 pandemic, Indian Railways' freight revenue in the first 12 days of February has overtaken last year's figures for the same corresponding period.
"Railway freight revenue has…
Atal Bhujbal Yojana launched in Nashik
Nashik, Feb 13 (UNI) As water security plans of the village need to be prepared with the participation of the people under the Atal Bhujal Yojana, the water literacy program should be undertaken on a large scale with the help of all the…
Royal Enfield launches the new Himalayan
New Delhi: Royal Enfield, the global leader in mid-size motorcycles (250cc-750cc), today announced the launch of the new Himalayan across India, Europe and the UK, in three new distinctive, terrain-inspired colourways, along with a range of…
Twitter takes down 90-95% of accounts listed by Indian govt
New Delhi, Feb 12 In what could finally end the fortnight-long deadlock between Twitter and the Indian government, the micro-blogging platform has either withheld or suspended at least 90-95 per cent accounts as directed by the IT Ministry…
Government to spin-off NDR into separate company to boost oil, gas exploration
NEW DELHI: The government will create a company to own and operate India's maiden National Data Repository (NDR) that stores information on the vast sedimentary basins in a bid to boost oil and gas exploration and production, a senior…
‘Udyog Manthan’ organised to deliberate on ways to enhance productivity, quality in…
New Delhi , February 12 (ANI): The 8-week long 'Udyog Manthan' organised by the Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry is deliberating on ways to enhance productivity…
HKTB launches virtual event ahead of CNY to promote Hong Kong tourism
Hong Kong, Feb 10 In a bid to accelerate its promotional efforts as part of the post-Covid-19 tourism-recovery plan, the Hong Kong Tourism Board (HKTB) has announced its first global fan-engagement programme called Hong Kong Super Fans.…
Kotak Investment Advisors achieves closure of New Real Estate Fund
Mumbai: Kotak Investment Advisors Limited (KIAL) on Tuesday announced that it has successfully achieved closure of its New Real Estate Fund, which will target a range of real estate financing opportunities across key cities in India.
In…
Fitch Ratings: Budget proposals positive for Insurance sector
New Delhi: India's Budget '22 proposals to relax foreign-ownership caps on insurers and listing of LIC will help the industry attract foreign capital, strengthen solvency and promote competition, Fitch Ratings has said. Besides, the ratings…
NMDC reports 53% jump in Q3 net profit
New Delhi: The country's largest iron ore producer NMDC has reported a 53 per cent jump in its net profit in the October-December quarter on the back of smart recovery in both production and sales that beat market expectations on account of…
Vehicle registrations in January falls over 9% YoY
New Delhi: Vehicle registrations in January 2021 declined 9.66 per cent on a year-on-year (YoY) basis.
On Tuesday, data released by the Federation of Automobile Dealers Associations (FADA) showed that over 15.92 lakh vehicles were…
CGST officials make arrest after busting network of 46 fake firms
New Delhi: The officers of Central Goods and Services Tax (CGST) Commissionerate, Delhi East, have unearthed a multi-layered network of fictitious firms being used by their operators to generate and pass on fake ITC (input tax credit).…