financial

  1. Bandhan Bank's CS Ghosh resigns from the post of MD and CEO

    In Kolkata, Chandra Sekhar Ghosh, Managing Director and CEO of Bandhan Bank, announced his retirement from the position and expressed gratitude to account holders for their support over the past nine years.In a letter to the lender's clients, Ghosh acknowledged his pivotal role in the growth...
  2. Ashiana Housing to launch 4 projects in this financial year

    New Delhi, Ashiana Housing Limited plans to launch four projects in this financial year as part of its expansion plan.Ashiana Housing said that two of the four projects will be located in Jaipur and Chennai.Ankur Gupta, joint managing director of Ashiana Housing, said that in the current...
  3. Finance Ministry urges private banks to give more loans for the upliftment of the poor

    Financial Services Department Secretary Vivek Joshi chaired a review meeting with top officials of private sector banks here on Tuesday on the progress of these employment-oriented schemes for the poor.Joshi discussed in detail the progress made by private banks in deepening financial...
  4. KVIC registers record sales of Rs 1.55 lakh crore in 2023-24

    “In the last 10 financial years of the Modi government, sales of indigenous Khadi and rural industry products made by artisans in rural areas have increased five-fold, from Rs 31,154.2 crore in the financial year 2013-14 to highest level of 1 rupee. ,55,673.12 crore in the financial year...
  5. Financial position of banking sector good to support growth: RBI Deputy Governor

    Mumbai: The banking sector, which is at an all-time high in terms of financial parameters, is ready to support the growth of the Indian economy, Reserve Bank Deputy Governor Swaminathan J said on Tuesday.Addressing a conference of statutory auditors and chief financial officers of commercial...
  6. BJP cites RBI employment data to praise Modi government's economic policies

    NEW DELHI: The BJP on Tuesday cited the latest RBI report, which highlighted a rise in the employment rate, to claim that the reforms undertaken by Prime Minister Narendra Modi have strengthened the economy and created job opportunities. Have done.Its spokesperson Syed Zafar Islam said in a...
  7. UDF walks out of Kerala Assembly, accusing government of failure to address plight of farmers

    Thiruvananthapuram, the Congress-led opposition UDF on Tuesday staged a walkout in the Kerala Assembly alleging that the government has failed to address the concerns of farmers who have been facing crop losses and provide them with timely financial assistance.Even though farmers suffered a...
  8. Railways to manufacture 10,000 non-AC coaches in next two financial years

    New Delhi, Indian Railways has said that it will manufacture 10,000 non-AC coaches in the next two financial years.“The objective of this initiative is to enhance facilities for common rail passengers. Over the next two years, the total number of non-AC coaches will be increased by 22 per...
  9. Regional Accounts Office of Defense Accounts opened in Jorhat

    Jorhat (Assam), An area accounts office under the Comptroller General of Defense Accounts (CGDA) was inaugurated in Jorhat city of Assam on Tuesday, according to a defense statement here.The move is also to ensure that the needs of the defense forces are met with the highest standards of...
  10. Maharashtra government presents supplementary demands worth record Rs 94,889 crore

    This is necessary to fund a series of freebies and concessions announced by Ajit Pawar in the 2024-25 budget with an eye on the Assembly elections scheduled for September-October this year.Ajit Pawar had presented a budget of Rs 6,12,293 crore on June 28 in the Assembly with a revenue deficit...
  11. KVIC's turnover crosses Rs 1.5 lakh crore, 10 lakh jobs created in FY 24: Chairman

    New Delhi, Khadi and village industries' annual turnover crossed Rs 1.5 lakh crore for the first time in fiscal 2023-24, with over 10 lakh new jobs created during the fiscal, its chairman Manoj Kumar said on Tuesday.According to the provisional data for 2023-24 released by KVIC, production...
  12. Mizoram seeks Centre's assistance to upgrade Zoram Medical College

    Aizawl, Mizoram The government has sought financial assistance from the Center to upgrade Zoram Medical College (ZMC), the only medical college in the state, an official statement said on Tuesday.During a meeting with Union Health Minister JP Nadda on Monday evening, Mizoram Chief Minister...
  13. Financial inclusion index rises with growth across sectors: RBI

    Mumbai: The Reserve Bank's FI-Index, which reflects the extent of financial inclusion across the country, increased to 64.2 in March 2024, showing growth in all parameters.The index aggregates information on different aspects of financial inclusion into a single value between 0 and 100, where...
  14. India's financial inclusion index improves to 64.2 in 2023-24

    The improvement in the FI-Index reflects the depth of financial inclusion across the country, RBI said.FI-Index has been conceptualized as a comprehensive index covering details of banking, investment, insurance, postal as well as pension sector in consultation with the Government and relevant...
  15. Temasek expects India's growth to remain strong in the next 2 years, private consumption will improve

    Singapore Singapore investor Temasek expects India's growth to remain strong over the next two years, driven by infrastructure-driven capital spending and a recovery in private consumption.Temasek on Tuesday reported a SGD 7 billion increase in its net portfolio value (NPV) to SGD 389 billion...
  16. India added 4.7 crore jobs in FY24: RBI data

    Mumbai, India added about 4.7 crore jobs during 2023-24, taking the total number of people employed across 27 sectors covering the entire economy to 64.33 crore, according to Reserve Bank data.The number of people employed at the end of March 2023 stood at 59.67 crore, said the RBI's update on...
  17. Rummytime and ClearTax join hands to empower Rummy players for seamless ITR filing and nation building

    Bengaluru, India – July 9, 2024 – Rummytime, one of India's first leading skill-based rummy platforms offering multilingual gaming options, recently announced its strategic partnership with ClearTax, India's leading tax and financial platform. . This collaboration aims to help all Rummy players...
  18. Punjab Chief Minister gives compensation of Rs 1 crore to the family of the farmer killed on the Punjab-Haryana border

    Shubhakaran Singh, a 21-year-old farmer from Bathinda, died during a clash between security personnel and protesting farmers at Khanauri on the Punjab-Haryana border. 12 police personnel were also injured in the clashes.Mann wrote on Twitter, "Met the martyred farmer's family...As promised...
  19. Eastern Railway earns over Rs 953 crore passenger revenue in April-June

    Kolkata, Eastern Railway has earned over Rs 953 crore passenger revenue in the first quarter of financial year 2024-25, an official said here on Tuesday.He said during the April-June quarter of the current financial year, the Kolkata-headquartered ER achieved a growth of 9.97 per cent in...
  20. Fake recruitment agents: Indian Embassy in Myanmar informed, says Kerala Chief Minister

    Thiruvananthapuram, Kerala Chief Minister Pinarayi Vijayan on Tuesday said the government informed the Indian embassy in Myanmar about complaints against fake recruitment agents who allegedly trafficked youth from the state to the Myanmar-Thai border through Fake ads on social media platforms...