financial

  1. Madhya Pradesh minister Krishna Gaur described the state budget as "historic"

    Madhya Pradesh minister Krishna Gaur described the state budget as "historic"

    Bhopal (Madhya Pradesh) [India], Madhya Pradesh Minister Krishna Gaur praised the state budget and called it "the biggest budget ever".The MP minister said, "This budget is historic. This is the biggest budget of Madhya Pradesh so far... I am happy that this time the gender budget has been...
  2. Tripura government distributed Rs 22 crore to 78,000 farmers affected by Cyclone Midhili: Minister of State Ratan Lal Nath

    Tripura government distributed Rs 22 crore to 78,000 farmers affected by Cyclone Midhili: Minister of State Ratan Lal Nath

    Agartala (Tripura) [India], Tripura Agriculture Minister Ratan Lal Nath on Thursday said that more than 78,000 farmers in the state affected by cyclone "Midhili" have received financial assistance from the government.To compensate the losses suffered by the farmers, the state government has...
  3. Punjab aims for direct sowing of paddy in five lakh acres: Minister

    Punjab aims for direct sowing of paddy in five lakh acres: Minister

    He said more than two lakh acres have been sown using DSR technology, which is 1.72 lakh acres more than last year.The minister said the government is providing financial assistance of Rs 1,500 to farmers to encourage them to adopt DSR technology.The Department of Agriculture and Farmers...
  4. RBI canceled the license of Varanasi based Banaras Mercantile Co-op Bank.

    RBI canceled the license of Varanasi based Banaras Mercantile Co-op Bank.

    Mumbai, RBI has canceled the license of Banaras Mercantile Co-operative Bank, Varanasi in view of its deteriorating financial condition."Consequently, the Bank ceases to conduct banking business with effect from the close of business on July 04, 2024," the Reserve Bank of India said while...
  5. SBI announces initiatives to reduce risks in agricultural loan portfolio

    SBI announces initiatives to reduce risks in agricultural loan portfolio

    New Delhi: Country's largest lender SBI on Thursday announced 11 new initiatives, including enhancing its digital banking functions and opening 35 new agricultural centralized processing cells, to mitigate risks in its agricultural loan portfolio. .On the occasion of its 69th Foundation Day...
  6. Bengaluru airport tops the list of perishable exports from India for the fourth consecutive year

    Bengaluru airport tops the list of perishable exports from India for the fourth consecutive year

    Bengaluru, Kempegowda International Airport on Thursday said it has emerged as the number one airport in India in terms of export of perishable goods for the fourth consecutive year.According to Bengaluru International Airport Limited (BIAL), which owns and operates it, the airport recorded a...
  7. Pak PM Shehbaz Sharif expresses concern over terrorism at SCO summit; Urge global engagement with Afghan Taliban

    Pak PM Shehbaz Sharif expresses concern over terrorism at SCO summit; Urge global engagement with Afghan Taliban

    In Astana, Prime Minister Shehbaz Sharif on Thursday raised the issue of terrorism as a major concern of member states in the Shanghai Cooperation Organization and called for "meaningful" engagement with the Afghan Taliban government.Shahbaz, who arrived in Kazakhstan's capital Astana on...
  8. Pak PM Shehbaz Sharif expresses concern over terrorism at SCO summit; Urge global engagement with Afghan Taliban

    Pak PM Shehbaz Sharif expresses concern over terrorism at SCO summit; Urge global engagement with Afghan Taliban

    In Astana, Prime Minister Shehbaz Sharif on Thursday raised the issue of terrorism as a major concern of member states in the Shanghai Cooperation Organization and called for "meaningful" engagement with the Afghan Taliban government.Shahbaz, who arrived in Kazakhstan's capital Astana on...
  9. FIIs bullish on financial services and telecom segment as per June 2024 NSDL data

    FIIs bullish on financial services and telecom segment as per June 2024 NSDL data

    New Delhi [India], Foreign institutional investors have become bullish on the financial services and telecom sectors. NSDL data for the second half of June 2024 suggests that FIIs have bought shares worth over Rs 8,162 crore in the financial services sector and shares worth Rs 6,208 crore in the...
  10. Coal production increased by 35 percent in the first quarter of the current financial year

    Coal production increased by 35 percent in the first quarter of the current financial year

    New Delhi [India], Ministry of Coal has reported a substantial increase in coal production and dispatch during the first quarter of the financial year 2024-25, compared to the corresponding period last year.According to official figures released by the ministry on July 3, coal production...
  11. J&K DGP highlights improved security scenario in UT

    J&K DGP highlights improved security scenario in UT

    Swain highlighted the challenge of individuals supporting terrorists for financial gain, stressing that the police are taking strict action against anyone supporting terrorism.They reaffirmed the commitment to address coordinated support for terrorism and reiterated that any ideology that...
  12. Revenue of top 18 states to grow by 8-10 per cent to Rs 38 lakh crore this financial year: Report

    Revenue of top 18 states to grow by 8-10 per cent to Rs 38 lakh crore this financial year: Report

    These states, which account for more than 90 per cent of India's gross state domestic product, grew at 7.5 per cent last financial year, according to a CRISIL Ratings report.While revenue from tax on sale of liquor (10 per cent of total revenue) will remain stable, there will be a mid-single...
  13. HUA Ministry extends Smart City Mission deadline to March 2025

    HUA Ministry extends Smart City Mission deadline to March 2025

    New Delhi: The Union Ministry of Housing and Urban Affairs on Wednesday said it has extended the deadline for the Smart Cities Mission till March 2025, allowing cities to complete ongoing projects, which account for around 10 per cent. of the total projects.In a statement, the ministry said...
  14. Jawaharlal Nehru Port container traffic increased by 10.6 percent to 1,688,145 TEU

    Jawaharlal Nehru Port container traffic increased by 10.6 percent to 1,688,145 TEU

    Mumbai: Jawaharlal Nehru Port, the country's major container port, on Wednesday said container traffic in the April-June quarter of the current financial year recorded a year-on-year growth of 10.60 per cent to 1,688,145 TEU.Jawaharlal Nehru Port Authority (JNPA) said the port handled...
  15. Family offices increasingly investing in startups, diversifying portfolios: PwC India report

    Family offices increasingly investing in startups, diversifying portfolios: PwC India report

    New Delhi, Family offices are increasingly investing in startups, diversifying their portfolios and seeking higher returns as they move away from traditional investments, according to a PwC India report.Currently, there are over 300 family offices in India, up from 45 in 2018. The number is...
  16. NABARD partners with Online PSB Loans Ltd to digitize Jan Suraksha Schemes for Regional Rural Banks

    NABARD partners with Online PSB Loans Ltd to digitize Jan Suraksha Schemes for Regional Rural Banks

    New Delhi, National Bank for Agriculture and Rural Development (NABARD) and Online PSB Loans Limited have signed an agreement to promote financial inclusion through regional rural banks.The collaboration seeks to facilitate the process of registration and settlement of claims under Jan...
  17. Fitch gives 'BBB+' rating to Larsen & Toubro; viewpoint stable

    Fitch gives 'BBB+' rating to Larsen & Toubro; viewpoint stable

    New Delhi, Fitch Ratings said it has affirmed the 'BBB+' rating with a stable outlook on Larsen & Toubro and stressed that the ratings indicate the company's strong financial structure and strong financial flexibility."Fitch Ratings has assigned India's Larsen & Toubro Ltd. (L&T) for the first...
  18. ISMA urges government to reconsider sugar exports amid surplus

    ISMA urges government to reconsider sugar exports amid surplus

    New Delhi: Sugar industry body ISMA on Wednesday called on the government to reconsider allowing sugar exports, citing projected surplus and possible financial pressure on mills.The Indian Sugar and Bio-Energy Manufacturers Association (ISMA) estimates surplus sugar at up to 3.6 million tonnes...
  19. Revenue of top 18 states will grow by 8 to 10 percent this financial year: Crisil

    Revenue of top 18 states will grow by 8 to 10 percent this financial year: Crisil

    KOLKATA: Revenue of the top 18 states, which account for 90 per cent of India's gross state domestic product, is likely to grow at a pace of eight to 10 per cent to Rs 38 lakh crore during the current financial year, according to Crisil Ratings. Report.It said that the revenue of 18 states...
  20. The Rise of ESG Mutual Funds: Investing for a Sustainable Future

    The Rise of ESG Mutual Funds: Investing for a Sustainable Future

    In recent years, consumers have become environmentally conscious and the mutual fund segment also reflects this trend. Interest in sustainable investing has skyrocketed in India, with ESG (environmental, social and governance) funds gaining popularity.So what are ESG funds, how do they work...
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