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RBI announces auction sale of Government securities

RBI announces auction sale of Government securities

The Reserve Bank of India has announced the auction for the sale of Government Securities worth Rs 32,000 crore. The auction is scheduled to take place on Friday and aims to facilitate the sale or (re-issue) of Government Securities through a multiple price-based method. "Underwriting Auction for sale of Government Securities for Rs32,000 crore on April 26, 2024 Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through

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IEEFA releases Indian States' Electricity Transition 2024 report

The first edition of the Institute for Energy Economics and Financial Analysis (IEEFA) and Ember’s State Electricity Transition (SET) report in 2023 analyzed 16 Indian states to help identify the areas that require action and attention at the state level. This year’s report builds on that work by expanding the scope to 21 states. The dimensions and parameters for assessing states have also been refined to reflect the relevance of the parameters to the status of states’ ele

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IEEFA releases Indian States' Electricity Transition 2024 report
KABIL inks MoU with CSIR-NGRI for advancing geophysical investigations in critical and strategic minerals sector

KABIL inks MoU with CSIR-NGRI for advancing geophysical investigations in critical and strategic minerals sector

Bhubaneswar, 24.04.2024: Khanij Bidesh India Limited (KABIL) has signed a Memorandum of Understanding (MoU) with the Council of Scientific and Industrial Research - National Geophysical Research Institute (CSIR-NGRI) to foster a long-term collaboration in the field of geophysical investigations to bolster its ongoing projects and activities in critical and strategic minerals.  

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Additional Secretary, Coal and Chairman, Coal India Visit Gevra, SECL

New Delhi: Shri M. Nagaraju, Additional Secretary, Ministry of Coal, and Shri P.M. Prasad, Chairman, Coal India, visited Gevra, the leading mine of Coal India subsidiary, SECL. Additional Secretary Coal and Chairman CIL inspected the operations at Gevra and reviewed SECL’s performance. Shri Prem Sagar Mishra, CMD, SECL, along with senior management of SECL were present on the occasion.  

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Additional Secretary, Coal and Chairman, Coal India Visit Gevra, SECL
BPCL CMD reviewed ongoing activities at Onshore 1 block in Abu Dhabi

BPCL CMD reviewed ongoing activities at Onshore 1 block in Abu Dhabi

Abu Dhabi: Shri G Krishnakumar, Chairman & Managing Director of Bharat Petroleum Corporation Limited (BPCL), accompanied by Shri V R K Gupta, Director (Finance) and Barnali Tokhi, Managing Director, BPRL, visited the Onshore 1 block in Abu Dhabi.  This block, operated by Urja Bharat Pte Ltd, a joint venture with a 50% stake from BPRL, holds a special place as the only one in Abu Dhabi operated by an Indian company.  

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Additional Secretary (Coal) visits Mahanadi Coalfields Limited

New Delhi: Shri M Nagaraju, IAS, Additional Secretary to the Govt of India and Nominated Authority, Ministry of Coal, visited MCL headquarters today.

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Additional Secretary (Coal) visits Mahanadi Coalfields Limited
NTPC Khargone pioneers India's First Ultra-Supercritical Thermal Power Plant

NTPC Khargone pioneers India's First Ultra-Supercritical Thermal Power Plant

NTPC Khargone pioneers India's First Ultra-Supercritical Thermal Power Plant, setting new standards for Efficiency and Sustainability.  By operating at temperatures and pressures beyond water's critical point, this landmark facility drastically reduces coal consumption per megawatt-hour, cutting down emissions, boosting efficiency, and driving down fuel costs.   

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Deposits account for Senior citizens surged to 150 percent: SBI report

New Delhi: Reliable and accessible fixed deposit rates offered by banks are illustrated to be officially in public welfare mode. The monetary redemption is not a cup of tea for investors if investment criteria is not cleared with lenders. The banking industry offers the best ways to secure your money by investing in fixed deposits which not only helps to save money but also helps to earn a substantial interest in it.  The recent report of SBI has shown the exclusive soar in the FD rat

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Deposits account for Senior citizens surged to 150 percent: SBI report
Gurudutta Ray, Director HR takes additional Charge of CMD YIL

Gurudutta Ray, Director HR takes additional Charge of CMD YIL

New Delhi: Shri Gurudutta Ray, Director HR Yantra India Limited has taken over the additional Charge of CMD YIL after the superannuation of Shri Rajeev Puri CMD YIL with effect from 31-03-2024.  Shri Gurudutta Ray is a HAG grade IOFS officer of the 1988 batch having experience of HR and Operations. He was GM of Ordnance Factory Katni before being selected as BOD YIL. 

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India and Mauritius tweaked Tax treaty to resolve tax evasion

New Delhi: India has signed a protocol which directs to revise of the Double Taxation Avoidance Agreement (DTAA) with Mauritius to cover the treaty misuse for tax evasion or avoidance.  The amended protocol is termed the Principal Purpose Test (PPT), which makes out the condition to survive tax benefits under the treaty that is applicable to obtain the duty benefit that was the principal purpose of any transaction or arrangement.

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India and Mauritius tweaked Tax treaty to resolve tax evasion

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