RBI slams asset reconstruction companies for failing to recover stressed assets

The Reserve Bank of InTdia (RBI) has raised concerns about the functioning of Asset Reconstruction Companies (ARCs), indicating that they are not fulfilling their intended role of reconstructing and recovering assets.

Healthray, streamlining hospitals with cutting-edge AI

Healthray, a prominent Lhealthcare IT solutions company, has announced a significant advancement in its technological services, gaining considerable market popularity within just two years of operation.

ROBUST GROWTH, GOVT CAPEX POSITIVE, POLL OUTCOME NOT TO DETER REFORMS

Standard & Poor's Global Ratings upgraded India's outlook to positive, citing policy stability, economic reforms, and high infrastructure investment

First Indian Diaspora Document Digitization In Oman Concludes

In collaboration of India National Archives of India (NAI), the Indian embassy in Muscat has accomplished a ground breaking initiative: the successful archiving of historical documents belonging to the Indian diaspora in Oman.

Indian Fertilizer Industry To Hit Rs 1.38L Cr By 2032

The Indian fertilizer industry is on a robust growth trajectory, expected to reach a market size of Rs 1.38 lakh crore by 2032

PM Modi Questions JMM's Protection Of Infiltrators In Jharkhand

PM Modicriticized Congress for prioritizing vote bank politics over Dalit and Adivasi welfare, highlighting BJP’s commitment to marginalized communities

Rahul Gandhi Mocks PM Modis Sent By God' Remark

Congress leader Rahul Gandhi ridiculed Prime Minister Narendra Modi on Tuesday for his "sent by God" statement, suggesting that PM Modi was appointed by his "parmatma (God)" to assist industrialists like Gautam Adani and Mukesh Ambani rather than the poor. This follows PM Modi's recent interview where he claimed he had been "sent by parmatma" (God).

Sindh Minister Urges Probe Into Electricity Supply Companies' Accounts

Sharjeel Inam Memon, the senior minister for information, transportation, excise, taxes, and drug control in Sindh, called on Monday for an audit of energy supply companies' finances to ascertain their profits. In a media interview, the minister accused SEPCO, HESCO, and K-Electric of constitutional violations.

SBI Research: Global economic recovery to propel India’s FY24 GDP growth to 8%

The State Bank of India's Economic Research Department has published a comprehensive report forecasting robust economic growth for India, fueled by a global economic recovery. The report suggests India's GDP could reach 8% in FY24, buoyed by positive economic indicators and favorable monsoon forecasts.

Workshop for 220+ Sanchar Mitras from 20+ States and UTs

The Department of Telecommunications in collaboration with National Telecommunications Institute, Ghaziabad (NTIPRIT) on Tuesday conducted an awareness workshop for Sanchar Mitras, with the programme seeking to establish a bridge between the DoT and citizens, fostering a collaborative approach towards telecom issues.

ICJ Directed Israel To immediately Halt Military Operations In Rafah; Affirms Directions To Protect Palestinians

The International Court of Justice, ICJ in the case has directed Israel to immediately stop its military offensive operations in Rafah in Palestine.

GUJARAT HIGH COURT DISMISSED BLACK STONE CORPORATION'S PETITION, DIRECTS TO APPEAL UNDER SECTION 107 OF GST ACT: ADEQUATE HEARING OPPORTUNITY GIVEN

The Gujarat High Court in the case Black Stone Corporation Private Limited Vs State Of Gujarat And Ors dismissed the writ petition filed by Black Stone Corporation Private Limited, wherein the court observed that petitioner was afforded an adequate hearing opportunity in the matter.

Calcutta High Court Temporarily Restrained WB Police From Probing Allegations Of Firearms And Cash Found At BJP Leader Suvendu Adhikari’s Secy’s Premises

The Calcutta High Court in the case Suvendu Adhikari vs State Of West Bengal And Ors observed and has restrained the West Bengal police from investigating complaints of firearms and large sums of cash allegedly found at the residence-cumoffice of BJP leader of opposition Suvendu Adhikari, which was in the name of his personal secretary.

DELHI COURT CONVICTS MEDHA PATKAR IN DEFAMATION CASE FILED BY LG VK SAXENA

The Delhi Court in the case observed and has convicted Narmada Bachao Andolan leader and activist Medha Patkar in the criminal defamation case which is lodged against her by Vinai Kumar Saxena in the year 2001.

India and France to start talks this week on Rs 50,000 Cr deal for 26 Rafale Marine jets

Negotiations for the over Rs 50,000 crore deal involving 26 Rafale Marine fighter jets between the governments of India and France are set to commence on May 30.

INDIA ANNOUNCES USD 1 MM RELIEF AID FOR LANDSLIDE HIT PAPUA NEW GUINEA

India on Tuesday announced an immediate financial aid of 1 million to provide relief and assistance to people hit by a massive landslide in Papua New Guinea

KSB Limited achieves ISO Certification for excellence in nuclear safety

KSB Limited, a pioneer Kin the manufacturing of critical application pumps for Nuclear power plants, has added a new feather to its cap. The Nuclear Projects Division of KSB Limited (Shirwal Plant) was recently credited with the distinguished ISO 19443:2018 certification.

Adani Group to enter India's Digital payment and E-commerce sectors

The Adani Group is considering applying for a licence to operate on India's public digital payments network and is in discussions with banks to finalise plans for a co-branded credit card.

Gera developments hosts Meet the Champion’ series with Olympic boxer Mary Kom

Gera Developments PriTvate Limited (GDPL), a distinguished leader in the real estate sector, known for its premium residential and commercial projects spanning Pune, Goa, and California, recently organized the latest session of its renowned series, 'Meet the Champion.' The event featured the celebrated Indian Olympic boxer, Mary Kom.

Full majority vs. hung parliament, S&P global examines India’s election path

As India approaches the conLclusion of its Lok Sabha elections, S&P Global Market Intelligence has analyzed three possible outcomes and their implications for the country's strategic sectors and overall policy direction

Singapore, US top investment sources for non-govt FDI firms in India

Tearly half of the 2,272 sample companies surveyed in a Reserve Bank of India report on financial performance of non-government non-financial (NGNF) foreign direct investment (FDI) companies in India during 2022-23 received direct investment from Singapore, Mauritius, and the USA while Japan, Netherland and United Kingdom were other major FDI source countries.

Bank credit growth to stay healthy amidst 14 dip, retail to see fastest growth

Bank credit growth in India is expected to moderate to 14 per cent this fiscal after an estimated robust growth of 16 per cent in fiscal 2024 driven by strong economic activity and retail credit demand. This fiscal, growth will be tempered by a high base effect, a revision in risk weights and a somewhat lower gross domestic product (GDP) growth.

Om Birla marks one year of new parliament house as symbol of aspiration

Celebrating the first anniversary of the new Parliament building, Lok Sabha Speaker Om Birla emphasized its historical significance and rapid construction.

INDIA'S POLICIES STEADY REGARDLESS OF MODIS THIRD TERM, RAJAN

Rajan emphasized that India’s robust foundational policies ensure continuity and stability, regardless of political changes

Indian buyers urged to invest in greece for EU residency before Aug 31 rule change

Owning a dream holiday home in Greece and obtaining a Golden Visa with Permanent Residency will become more expensive from August 31, 2024.

PM Modi failed to aid Himachal monsoon disaster: Priyanka Gandhi

Congress General Secretary Priyanka Gandhi Vadra on Monday accused Narendra Modi-led Central government of not standing with the people of Himachal Pradesh in their hour of need when the devastation struck the Himalayan state last year after monsoon, adding that no special package was announced for the disaster affected families and rebuilding the state.

ANURAG THAKUR CRITICIZES KEJRIWAL: CORRUPT SHOULD FACE THE LAW’

The places of corrupt people should be where the law decides. If we want to make the country corruption-free

SUPREME COURT: SPECIFIC PERFORMANCE SUIT CANNOT BE DECREED BASED ON POWER OF ATTORNEY HOLDER'S DEPOSITION ABOUT PLAINTIFF'S READINESS AND WILLINGNESS

The Supreme Court in the case Rajesh Kumar Versus Anand Kumar And Ors., observed and has held that wherein the plaintiff is required to prove his readiness and willingness to perform the contract, then the suit filed for specific performance of the contract cannot be decreed which is based on the deposition made by the plaintiff's power of attorney about the plaintiff's readiness and willingness to perform a contract.

DELHI HIGH COURT RESTRICTS RAMLEELA FUNCTION BOOKINGS IN DDA GROUNDS TILL FRESH SOP IS PUBLISHED

The Delhi High Court in the case Shree Hanumant Dharmik Ramleela Committee Regd And Anr. v. Delhi Development Authority And Ors. observed and has barred any further offline or online bookings of Ramleela functions in the Delhi Development Authority, DDA grounds till a new SOP aur guidelines for booking is published by the authority.

SUPREME COURT REFUSED TO INTERFERE WITH HIGH COURT ORDER STOPPING BJP'S 'DEROGATORY' ADS AGAINST TMC; SAYS ADS ARE PRIMA FACIE DISPARAGING

The Supreme Court in the case Bhartiya Janata Party v. All India Trinamool Congress And Ors observed and has refused to entertain a petition filed by Bharatiya Janata Party, BJP against the Calcutta High Court orders restraining it from publishing certain advertisements in respect of All India Trinamool Congress, AITMC or TMC during the Lok Sabha Elections, which were allegedly derogatory and violated the Model Code of Conduct.