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Central government extends term of RBI Deputy Governor Michael Patra for one more year

The Central government has extended the tenure of Dr Michael Debabrata Patra as Deputy Governor of the Reserve Bank of India, RBI, for one more year w...


DGCA issues show cause notice to accountable manager of Air India over incidents of passenger misbehaviour on flight

New Delhi: The Directorate General of Civil Aviation (DGCA) has issued a show cause notice to the accountable manager of Air India over the two incide...


TRAI extends last date to receive comments on Consultation Paper on data communication services between aircraft and ground stations

The Telecom Regulatory Authority of India, TRAI has extended the last date to receive comments or counter comments on Consultation Paper on data commu...


TCS announces dividend for its investors

New Delhi: Tata Consultancy Services has announced an interim dividend of Rs 7 and a special dividend of Rs 67 per share for its investors.“We would l...


War plunges Ukraine’s GDP to record 30.4% in 2022

Kiev: In the wake of Russia’s ongoing war against Ukraine, the country’s GDP declined by a record 30.4 per cent last year, the Economy Ministry said c...


RBI announces indicative calendar for issuance of Sovereign Green Bonds

Mumbai: The Reserve Bank has announced the indicative calendar for the issuance of Sovereign Green Bonds. Accordingly, two auctions will be conducted ...


Individual customers no need to visit bank personally to update KYC, says RBI

As per RBI updates, Bank account holders are no longer required to visit their bank branches to update ‘know your customer’ (KYC) details provided the...


Markets rebound in early trade

Mumbai: Equity benchmarks climbed in initial trade on Friday after declining in the past two trading sessions amid positive trend in Asian markets.The...


Air India CEO tells staff to report any improper behaviour on aircraft

New Delhi: Air India CEO Campbell Wilson has told the airline staff to report any improper behaviour on aircraft to authorities at the earliest even i...


Financial Inclusion Working Group to meet from 9th to 11th of January in kolkata

Kolkata: The first meeting of Financial Inclusion Working Group is scheduled to be held in Kolkata  from 9th to 11th of this month. The opening s...


Country's coal production increases by 10.81 % to 82.87 MT in December 2022

New Delhi: Country's total coal production has increased by 10.81 percent to 82.87 million tonnes from 74.79 million tonnes in December 2022 as compar...


India’s GDP nearing to $20 trillion, per capita income at $10k by 2047, says Bibek Debroy

Hyderabad: India’s GDP will be close to USD 20 trillion by 2047 and per capita income may reach USD 10,000 (at current value of USD), Bibek Debroy, ch...


Safest banks in India, as per RBI list, these banks will keep every rupee in your account safe

The Reserve Bank of India (RBI), India's central bank, has revealed which banking firms are the safest and most reliable in India. The client and the ...


Rupee rises 18 paise to 82.82 against US dollar

Mumbai: The rupee recovered from its all-time low level and rose 18 paise to 82.82 against the US dollar in early trade on Wednesday on easing crude o...


Sensex declines 104.33 points to 61,189.87 in early trade

Mumbai: Market benchmarks declined in initial trade on Wednesday amid continuous foreign fund outflows and weak trend in index major Reliance Industri...


General Atomics announces partnership to manufacture aerostructures in India

Washington: In a move that is expected to help India develop a manufacturing ecosystem for high-end drones, a top US drone manufacturer has announced ...


Monthly domestic air passenger traffic crosses pre-Covid level in December

New Delhi: Union Civil Aviation Minister Jyotiraditya Scindia has said that the monthly domestic air passenger traffic touched 1.29 crore to cross the...


TSMC may manufacture most of Snapdragon 8 Gen 3 chips

Taipei: Taiwan Semiconductor Manufacturing Company (TSMC) will reportedly manufacture the majority of Qualcomm’s next-generation Snapdragon 8 Gen 3 ch...


Tesla falls short of 50% growth goal in 2022 amid Musk’s Twitter distraction

San Francisco: Elon Musk-run Tesla has missed its target of 50 per cent growth in production and deliveries for 2022, as its stock plummeted around 65...


ED attached assets worth over Rs 20 crore in IDBI Bank loan fraud case

Enforcement Directorate, ED has attached assets worth over 20 crore rupees in IDBI Bank loan fraud case. The investigation was initiated on the basis ...


Global economy faces tougher year in 2023, says IMF Chief

International Monetary Fund (IMF) Managing Director Kristalina Georgieva said the three big economies the United states, Europe and China  are al...


India's digital payments achieve new milestone by doing 782 crore UPI transactions in December

New Delhi: Prime Minister Narendra Modi has expressed delight as the country's digital payments have achieved a new milestone by doing 782 crore Unifi...


India's manufacturing output rises to 13 month high in December

New Delhi: India's manufacturing output has risen to 13-month high in December. Country's manufacturing sector activity ended in 2022 on a very positi...


India's mfg PMI hits 13-month high in Dec on rise in new orders, strong demand

New Delhi: India's manufacturing sector activity rose to a 13-month high in December, supported by healthy inflows of new business and strong demand c...


Domestic passenger vehicles sales rise 23 pc to record of 37.93 lakh units in 2022

New Delhi: Domestic passenger vehicles sales rose by 23 per cent to a record of 37.93 lakh units in 2022 led by the likes of Maruti Suzuki, Hyundai an...


Commercial LPG cylinder price hiked by Rs 25

New Delhi: Dining out in 2023 would be a costlier affair now, as oil marketing companies (OMCs) on Sunday, the first day of the New Year, hiked the pr...


Gross GST collection in December goes up by 15 per cent to nearly Rs 1.5 lakh crore

New Delhi: The gross Goods and Services Tax, GST revenue collected in December, 2022 is nearly one lakh 50 thousand crore rupees. Finance Ministry sai...


Govt hikes interest rates on small savings schemes

Mumbai: Government has increased interest rates on various small savings schemes for the fourth quarter of the current Financial Year starting from 1s...


India to emerge as significant manufacturing hub & five trillion dollar economy by 2025: EAM S Jaishankar

Nicosia: External Affairs Minister S Jaishankar has said that by 2025, India will emerge as a significant manufacturing hub and will become a 5 trilli...


Core sector output growth in November rises to 5.4 percent

New Delhi: The growth rate in the production of eight core sectors jumped to 5.4 per cent in November against 3.2 per cent in the corresponding month ...

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