financial

NTPC said in a regulatory filing, “The Board of Directors of the company, at its meeting held on Saturday, June 29, approved the issue of secured/unsecured, redeemable, taxable/tax-free, cumulative Is. /Non-cumulative, non-convertible debentures ('Bonds/NCDs') up to Rs 12,000 crore in one or...

New Delhi: The government's appointment selection panel, FSIB, on Saturday selected top managing director Challa Sreenivasulu Setty for the post of chairman of the country's largest lender State Bank of India (SBI).Setty, who was appointed CEO in January 2020, currently covers the...

A private university in Guwahati, Assam, on Saturday announced admission fee waiver for eligible students from violence-hit Manipur.Guwahati-based Royal Global University has launched 'Hope for Manipur Scholarship' focusing on children from families affected by ethnic conflict in the...

New Delhi, IBM and the Gujarat government on Saturday signed a pact to establish and promote an artificial intelligence cluster leveraging IBM's 'watsonx' to drive innovation and collaboration among financial institutions in the city of Gujarat International Finance Tec ( GIFT).Under this...

New Delhi: The Financial Services Institutions Bureau (FSIB) on Saturday selected SBI's senior-most managing director C S Setty for the post of SBI Chairman.Setty is currently the Managing Director of SBI, looking after the International Banking, Global Markets and Technology verticals.He...

New Delhi [India], As wedding spending in India is on the rise, interest rates for wedding loans are on the higher end, typically ranging between 10 percent and 36 percent annually, according to Jefferies .This change comes with challenges, particularly high interest rates of up to 36 percent...

Chandigarh (Punjab) [India], Amritsar Rural Police arrested six people and recovered heroin weighing eight kilograms and three pistols, along with cash worth Rs 30,000, in two separate cases, the director general said on Saturday of Punjab Police, Gaurav Yadav."Acting swiftly on intelligence...

Jaipur: The Rajasthan government on Saturday approved a financial provision of about Rs 10 crore for starting primary classes in the state-run Swami Vivekananda Model Schools.According to an official statement, the proposal for three additional posts of Grade-3 Teacher (Level-I) for each of...

As part of this collaboration, financial institutions will receive access to 'AI sandboxes', proof of concept, AI literacy programs and assistance in providing digital assistant solutions.Gujarat Chief Minister Bhupendrabhai Patel said, "This MoU with IBM will help Gujarat lead the country in...

Instead, he told IANS, the budget proposals were announced after taking into account all legal and financial aspects and, above all, after the expected increase in tax revenue. He said through the budget the state government has reiterated its commitment and determination to increase growth and...

FPIs invested Rs 26,565 crore in equities in June, a reversal of their selling strategy in the last two months.According to market experts, FPIs have realized that selling in the highest performing market would be a wrong strategy."FPI buying may continue provided there is no sharp rise in...

Guwahati (Assam) [India], Assam Chief Minister Himanta Biswa Sarma on Saturday expressed gratitude to Prime Minister Narendra Modi for releasing the 17th installment of PM Kisan Samman Nidhi on June 18, benefiting a total of 9.26 crore farmers across the country. Happened. Chief Minister's...

"As a result of steps taken in the right direction, Turkey has been removed from the gray list," the ministry said in a statement on Friday.The results will further boost confidence in the country's financial system and support Turkey's efforts to achieve its economic program objectives...

Dubai [UAE], Dubai private schools continue to shine in international rankings, ranking second in financial literacy and sixth in creative thinking, according to a study conducted as part of the Program for International Student Assessment (PISA) 2022 the Organization for Economic Cooperation...

Washington [USA], When Michael Jackson tragically passed away on June 25, 2009, he left behind a legacy that transcended music, but also a staggering financial burden.Recent court documents filed in Los Angeles and obtained by Deadline have revealed that, at the time of his death, Jackson was...

Jaipur (Rajasthan) [India], Rajasthan Chief Minister Bhajanlal Sharma on Friday expressed joy over the selection of seven players from the state in the Indian lacrosse team and asserted that the government is committed to promoting sports culture .Taking the official name of himTalking about...

New Delhi: The country's iron ore production increased by four percent to 52 million metric tonnes (MMT) in the April-May period of the current financial year.According to provisional data, the country's iron ore production stood at 50 MMT in the corresponding period of the last financial...

India, endowed with the fifth largest coal reserves globally, is the second largest consumer of coal due to its rapidly growing economy.Non-availability of coking coal and high grade thermal coal in India's reserves requires imports to meet the requirements of industries like steel.However...

New Delhi: Markets regulator Sebi on Friday imposed fines totaling Rs 3.75 crore on former promoter and managing director of dairy company Kwality, Sanjay Dhingra, and other entities for misrepresenting the company's finances.Kwality entered insolvency proceedings in December 2018 and was...

New Delhi: India's good FATF rating will allow domestic companies to access overseas investments without going through elaborate background checks and enhanced due diligence processes, senior sources said.Global crime watchdog FATF on Friday adopted a mutual evaluation report on India and...