LivePSBs Lost Rs 2.85 Lakh Crore Due to Loan Default of 13 Firms
Public sector banks (PSBs) have lost Rs 2.85 lakh crore due to loan default of 13 companies even after the banks are used to bail...
Category : ECONOMY
India Plans Rs 76,000 Crore Red Carpet For Semiconductor Firms
The centre is planning to give incentives of Rs 76,000 crore to set up over 20 semiconductor companies, components manufacturing and display fabrication units in...
Paytm Payments Bank Receives Scheduled Bank Status From RBI
Paytm Payments Bank said it had been given the Reserve Bank of India (RBI). The bank has been included in the Second Schedule to the...
ADB Approves Rs 2,645 Crore Loan to Improve Urban Services in India
Asian Development Bank (ADB) has approved a Rs 2,644.85 crore loan for India to improve the urban services in India. The loan will fund the...
FMCG Firms to Help Traditional Sellers
Packaged grocery and consumer goods firms are introducing online-only sets with different prices and new terms of trade with better margins for traditional sellers as...
IT Department Founds Rs 500 Crore Transactions After Raids in Gujarat
Transactions of over Rs 500 crore have been detected after the Income Tax Department raided a Gujarat-based who manufactures stainless steel and metal pipes, the...
Centre Added 3 New Member in SCALE Committee
The centre has increased the Steering Committee for Advancing Local Value-Add and Exports (SCALE) committee by adding three new members. The new appointments are Panasonic...
India’s Services Sector Grew Robustly in Nov
India’s services sector advanced robustly in November, supported by a strong recovery in local demand but raised price pressures are still a significant concern. India...
L&T, Softbank-Backed ReNew Power Announce India Green Hydrogen Projects
On Thursday, Larsen & Toubro Ltd has said that it will jointly own and operate green hydrogen projects with Goldman Sachs-backed green energy producer ReNew...
Indian Firms Raises $1.34 Billion From Foreign Markets in October
Indian firms raised about $1.34 billion from foreign markets in October this year, which was down 34 per cent from the last year, the Reserve...