RBI announces SAARC currency swap framework for 2024-'27 period

The Reserve Bank of India the Government of India has decided to put in place a revised framework on currency swap arrangement for SAARC countries for the period 2024 to 2027.

India's infrastructure gets a shot in the arm with PM Gati Shakti, says Morgan Stanley

In a recent report, American multinational investment bank and financial company Morgan Stanley commended India's PM Gati Shakti scheme, highlighting its significant impact on the country's infrastructure development.

Indian economy resilient, financial system's top priority is governance: Das

Reserve Bank Governor Shaktikanta Das on Thursday called upon all stakeholders in the Indian financial ecosystem to assign highest priority to modernisation as it prepares to go more global and to strong governance amidst vigilance over emerging risks, including those from cyber hazards, climate change and global spillovers. In his foreword to the Central Bank’s half-yearly Financial Stability Report, Das said the Indian economy is exhibiting strength and resilience, with strong macroeconomic fundamentals and buffers amid global headwinds.

PM MODI: PRESIDENT'S ADDRESS OUTLINED PATH FOR PROGRESS AND EFFECTIVE GOVERNANCE

PM Modi praised President Murmu’s Parliament address as a comprehensive roadmap for progress and good governance, highlighting India’s achievements and future challenges

Byju's Probe, No Fraud, But Weak Governance Blamed For Losses

An investigation by the Ministry of Corporate Affairs has revealed lapses in Byju's corporate governance but found no evidence of financial fraud, as reported by Bloomberg on June 26.

Mukesh Ambani Meets CM Shinde, Invites Him For Son, Radhika Merchant's Wedding

Reliance Industries Chairman Mukesh Ambani called on Maharashtra Chief Minister Eknath Shinde to invite him to his son Anant Ambani's wedding scheduled to take place on July 12.

US, Maldives Advance Talks On Climate, Economy, Security

US Secretary of State Antony Blinken held a meeting with the Maldives Foreign Minister, Moosa Zameer in Washington, DC, which aimed to enhance the partnership and cooperation on climate, economic growth, and maritime security between their two countries.

BMC contractor faces blacklisting for 'damaging' repair work underway at heritage site

Maharashtra Minister Mangal Prabhat Lodha on Tuesday visited the historical Banganga Lake site after a contractor assigned the desilting work of the 11th-century Banganga temple tank in Mumbai's Malabar Hill area, mowed over the surrounding heritage steps with a JCB machine, causing damage to them.

Supreme Court Issued Notice On UP Congress President Ajai Rai's Plea To Quash Case Under UP Gangsters Act

The Supreme Court in the case Ajai Rai vs. State Of U.P. observed and has issued notice to the State of Uttar Pradesh wherein the petition is filed by UP Congress President Ajay Rai for quashing the criminal trial against him under offences of the UP Gangsters and Anti-Social Activities (Prevention) Act 1986.

UAE-INDIA CEPA COUNCIL AND ICC EXPLORE CEPA BENEFITS

The CEPA has not only facilitated easier market access and reduced barriers to trade but has also encouraged a dynamic exchange of goods and investments

Chinese Wok rewards over 50 top performers with Thailand trip

Chinese Wok, India's largest desi Chinese food chain, recently organised a reward trip to Thailand for over 50 employees as a part of its commitment to recognize and reward its top-performing team members.

Bajaj Auto begins production at new manaus plant in Brazil

Bajaj Auto Limited has announced the commencement of commercial production at its new manufacturing plant located at Av. do Turismo, Bairro Taruma, Manaus, Brazil.

Tanishq shines at paris haute couture week with timecrafted diamonds

Tanishq, India's largest jewellery retail brand from the house of Tata, reaffirmed its commitment to global fashion with a captivating return to Paris Haute Couture Week 2024, with its \"Timecrafted Diamonds with Tanishq\" collection.

Bihar scraps Rs 800 crore tenders in public works dept., cites irregularities

Bihar's Public Health Engineering Department (PHED) has taken a decisive step by cancelling tenders worth over Rs 800 crores that were issued during the Mahagathbandhan tenure, citing numerous deficiencies and irregularities in the selection process of contractors.

Shankh Air chairman meets Union civil aviation minister Kinjarapu Rammohan Naidu

Shankh Air, positioned Sto be Uttar Pradesh's inaugural scheduled airline, is advancing its preparations and awaits the final No Objection Certificate (NOC) from the Ministry of Civil Aviation.

INDIA HOUSE TO SHOWCASE NATION'S OLYMPIC PROGRESS, NITA AMBANI

India House in Parc de la Villette during Paris 2024 Olympics will showcase India's diversity through arts, sports, culinary delights, yoga, handicrafts, music, and dance.

Trade, industry want tax sops for R&D, blockchain based portal for compliances

Higher deduction on R&D Lexpenditure to boost innovation, an indigenous shipping line to save logistics cost, extension of interest equalisation scheme for a period of 5 years, better availability of cotton for textiles sector, technology mission on cotton 2.0 with special focus on seed technology are the key proposals put forward by the trade and services sectors as well as industry chambers to Finance Minister Nirmala Sitharaman for the general Budget in July.

Spectrum auction falls short, bids reach only Rs 11,340 crore in 2 days

The latest auction for ramobile phone voice and data transmissions concluded swiftly within two days, closing on Wednesday with total bids amounting to less than 12 percent of the government's estimated minimum value of Rs 96,238 crore for the spectrum on offer.

India's current account swings to surplus in Q4 2024, CRISIL

India has significantly Limproved its current account, achieving a surplus of USD 5.7 billion, or 0.6 percent of its GDP, in the fourth quarter of fiscal year 2024, according to a report by CRISIL.

RECORD-BREAKING SUPPORT, INDIAN DIASPORA SENDS HOME $107 BILLION IN FY24

In the financial year 2023-24, Indians abroad sent a record $107 billion in remittances to India, underscoring the significant economic support provided by the diaspora

Chinese Rocket Debris Falls Over Village, Raises Safety Concerns

Suspected debris from a Schinese rocket was ob served falling over a village in southwest China on Saturday, as captured in dramatic videos circulating on Chinese social media and shared with CNN by a local witness.

India Cuts Russian Coal Imports, US Shipments Rise

Indian imports of Russian coal have significantly declined while U.S. shipments have increased in the three months ending in May, according to data from coal consultancy Bigmint. Traders attribute this shift to the declining competitiveness of Russian supplies.

"Those who wanted to weaken party would not be taken in': Sharad Pawar on Ajit's MLAs

Amid the speculations that some of the MLAs of the Ajit Pawar camp are willing to return to the Nationalist Congress Party (NCP)-SP, NCP-SP Chief Sharad Pawar on Tuesday clarified that those who wanted to \"weaken\" the party would not be taken in.

KERALA HIGH COURT: HUSBAND AND WIFE CAN TESTIFY ON BEHALF OF EACH OTHER WITHOUT EXECUTING POWER OF ATTORNEY [S.120 EVIDENCE ACT]

The Kerala High Court in the case Smitha v Anil Kumar observed and has held that under Section 120 of the Evidence Act, a husband is permitted to testify in lieu of his wife and vice versa even without a written authority or power of attorney.

SUPREME COURT: CHEQUE DISHONOUR COMPLAINT CANNOT BE TRANSFERRED AT THE INSTANCE OF ACCUSED - SECTION 138 NI ACT

The Supreme Court in the case Kasthuripandian S vs. RBL Bank Limited observed that transfer of a case for the offence of dishonour of cheque as stated under section 138 of the Negotiable Instruments Act 1881 cannot be sought at the instance of the accused.

PAKISTAN'S FINANCE MINISTER PRESENTS PKR 11.92 BN DEFICIT BUDGET AMID PROTESTS

The budget deficit is estimated at Rs11.92bn, which will be fully borne by the federal government. The finance minister said Gilgit-Baltistan’s

Raniwala 1881 launches pre-fall 2024 collection

Imagine a royal gala evening set in a majestic mansion adorned with intricate carvings and ornate archways, setting the stage for an evening of opulence and sophistication.

SNG & partners teams up with ESG firm snowkap

SNG & Partners, a fullservice law firm with offices in India and overseas has announced a strategic alliance with Snowkap, a Singapore-based ESG firm with a presence in the Middle East and India, to blend legal acumen with ESG excellence and together deliver a complete suite of ESG+L services and solutions.

Motorglaze launches ceramic coatings and Eco-Friendly car care in Jaipur

Motorglaze, a leading innovator in car care and maintenance products, is excited to announce its pre-launch event in Jaipur.

CLEANTECH SOLAR GETS INR 855 CR FROM ASEEM INFRA FOR INDIAN PROJECTS

Cleantech Solar has secured an INR 855 crore loan from Aseem Infrastructure Finance to expand its open access renewable energy projects in India