Highlights
Government has received Rs 134 crore from CONCOR as dividend tranche...
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New Delhi: Anup Chandra Pandey appointed as new Election Commissioner..
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New Delhi: LIC Chairman M R Kumar got nine-month extension from Govt..
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New Delhi: India Oil Refiners Shut for Work Before Likely Demand Pickup..
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PFC extended 3 crores support for construction of Dr. KB Hegdewar School..
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New Delhi: NBCC signs MoU with ALIMCO to contribute 100.62 lacs..
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New Delhi: BDL received order of Rs 372.98 crore to supply MRSAM Missile..
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New Delhi: Market-Cap of all good PSUs stood 19.45 Lakh..
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New Delhi:GAIL honored with Golden Peacock Award..
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New Delhi: HSCC's agreement of worth 1,800 crore for upgradation medical projects..
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news
ICICI Bank becomes 5th Indian firm to cross Rs 8 lakh crore mcap
Reliance Industries, TCS, HDFC Bank, Infosys, and Bharti Airtel are some largest industries that have so far crossed this milestone. RIL remained India's most valued firm with a m cap of Rs 20.4 lakh crore, followed by TCS and HDFC Bank, which has a m cap of Rs 15 lakh crore and Rs 9.6 lakh cror
Posted Date : 29-04-24
IREDA bags Navratna status from government
The share price of the Indian Renewable Energy Development Agency (IREDA) surged over 10% after the PSU company was granted ‘Navratna status' from the Department of Public Enterprises.
The shares opened at Rs186.20 apiece on the BSE and went on to touch an intraday high
Posted Date : 29-04-24
RBI Directs Talkcharge to Cease PPI Operations and Refund Balances
The Reserve Bank of India (RBI) has instructed Talkcharge Technologies to cease the issuance and operation of its Prepaid Payment Instruments (PPIs) or wallets.
The guidelines follow the central bank authority's observation of issuing wallets without proper authorization. As a result, T
Posted Date : 29-04-24
Sunil Kumar Yadav (IRS) Appointed as Director of the Ministry of Housing & Urban Affairs
The appointment of Sunil Kumar Yadav has been made under the Central Staffing Scheme, according to the Department of Personnel & Training (DoPT). The order specifies that Mr. Yadav's tenure as Director of MoHUA will be for five years from the date of assuming charge or until further orders,
Posted Date : 29-04-24
RBI issues guidelines for voluntary transition of small finance bank into Universal Bank
It will be licensed under Section 22 of the Banking Regulation Act, 1949 and governed by the provisions of the Banking Regulation Act, 1949; Reserve Bank of India Act, 1934; Foreign Exchange Management Act, 1999; Payment and Settlement Systems Act, 2007; Credit Information Companies (Regulation) Act
Posted Date : 29-04-24
World's Largest Airport Coming; 5 times bigger than Dubai International Airport
Dubai: Dubai has officially embarked on the ambitious project of constructing what is set to be the world’s largest airport terminal. It is said that the new terminal will be constructed at AI Maktoum International Airport.
His Highness Sheikh Mohammed bin Rashid Al Maktoum the curren
Posted Date : 29-04-24
India and Bangladesh to Renew Collaboration on Civil Service Training
A delegation from India’s Department of Administrative Reforms and Public Grievances (DARPG) is in Bangladesh to strengthen bilateral ties and enhance capacity-building efforts.
During the three-day visit from April 28-30, the discussions will focus on the renewal of the Memorandum of Under
Posted Date : 29-04-24
NTPC inks pact with RINL for supply of limestone
NTPC Limited and Rashtriya Ispat Nigam Limited (RINL), the corporate entity of Visakhapatnam Steel Plant (VSP), have signed an MoU [Memorandum of Understanding] for the supply of 9 lakh metric tonnes of limestone (lime chips, a by-product of the RINL, for the NTPC units across the country for
Posted Date : 29-04-24
RBL Bank Q4 Audited Financial results, FY24
Net Profit grew 30% YoY & 51% QoQ to Rs 353 crore. Operating profit grew 49% YoY & 16% QoQ to Rs 887 crore. The bank has shown Steady Deposits Growth, with increased growth on Granular Retail Deposits and Total Deposits grew 22% YoY & 12% QoQ to Rs 103,494 crore. CASA g
Posted Date : 29-04-24
Mines Ministry to Hold Two-day Critical Minerals Summit from today
New Delhi: The Ministry of Mines, in collaboration with the Shakti Sustainable Energy Foundation (Shakti), Council on Energy, Environment and Water (CEEW), and Indian Institute of Sustainable Development (IISD), will hold "Critical Minerals Summit: Enhancing Beneficiation and Processing Capabil
Posted Date : 29-04-24
Air Chief Marshal VR Chaudhari, CAS presented Presidential Awards to 51 IAF personnel
New Delhi: Air Chief Marshal VR Chaudhari, CAS presented Presidential Awards to 51 IAF personnel at an Investiture Ceremony held at the National War Memorial in New Delhi on 26 April 24.
Posted Date : 27-04-24
BEL participates in India-Mozambique Defence industry interaction event
Mozambique: BEL participated in the India-Mozambique Defence industry interaction event held from April 25-26, 2024, at Maputo, Mozambique, and showcased its might in strategic Defence Electronics.
The event aimed at promoting strategic partnerships between the two countries in the area of Defenc
Posted Date : 27-04-24
T. Rabi Sankar re appointed as Deputy Governor of RBI
The Central Government has re-appointed Shri T. Rabi Sankar as Deputy Governor, Reserve Bank of India for one year with effect from May 03, 2024, or until further orders, whichever is earlier.
"Sankar, who has a Master of Philosophy in Economics from the Jawaharlal Nehru University in Delhi,
Posted Date : 27-04-24
Yes Bank Announces Financial Results for the Q4FY24
Yes Bank has announced its final quarter results where Net Profit for Q4FY24 is at Rs 452 Crore up by 123.2% Y-o-Y and 95.2% Q-o-Q, for combined FY24 Net Profit is at Rs 1,251 Crore up by 74.4% Y-o-Y.
Non-interest income shows strong momentum across diverse and granular fee streams with Q4F
Posted Date : 27-04-24
State Bank of India partners with HCL Software to digitally transform customer engagement
As part of the five-year agreement, HCLSoftware will deploy the HCL Unica platform to enable SBI to digitally transform its customer interaction framework and provide hyper-personalized communication across the bank’s diverse digital marketing channels, while adhering to the Digital Personal D
Posted Date : 27-04-24
HCL Technologies Q4 earnings, Net profit rises to Rs 3,995 crore, board announces dividend
The company has reported a net profit of Rs 3995 crore for the March 2024 quarter against Rs 3981 crore in the March 2023 quarter. Net profit stood at Rs 4351 crore in the December 2023 quarter. The board declared an interim dividend of Rs 18 per share equity share of Rs 2/- each of the co
Posted Date : 27-04-24
SBI Card Q4 FY24 Revenue Rises 14 percent to Rs 4,475, PAT Grows 11 percent to Rs 662 Crore
The Board of Directors of SBI Cards and Payment Services Limited approved the Company's results for the Q4 FY24 and financial year ended March 31, 2024, at their meeting held on Friday, April 26, 2024.
The company’s total Revenue increased by 14% YoY at Rs 4,475 Cr in Q4 FY24 vs Rs 3,91
Posted Date : 27-04-24
NABARD and RBI Innovation Hub Collaborate for revolutionizing Digital agri lending
In a landmark partnership aimed at revolutionizing digital agri lending, the National Bank for Agriculture and Rural Development (NABARD) will integrate its e-KCC loan origination system portal with the Public Tech Platform for Frictionless Credit (PTPFC) of Reserve Bank Innovation Hub (RBIH).
NA
Posted Date : 27-04-24
RBI Draft Guidelines on Digital Lending Transparency in Aggregation of Loan Products from Multiple Lenders
The central bank has invited the reference to the ‘Guidelines on Digital Lending’ issued vide Circular dated September 02, 2022, and the Statement on Developmental and Regulatory Policies dated December 08, 2023 wherein it was announced to issue a regulatory framework for aggre
Posted Date : 27-04-24
IndusInd Bank announces successful execution of RBI’s programmable CBDC pilot
IndusInd Bank has announced the successful execution of RBI’s programmable CBDC pilot, being the first Bank. This pilot project is executed in collaboration with Circularity Innovation Hub India Private Limited (CIH), as an alternate form of CBDC wherein the Bank can program the end use o
Posted Date : 27-04-24