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RBI leaves repo rate unchanged for sixth straight occassions

08 Feb 2024 10:58 AM IST

In its February review meeting, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) unanimously opted to maintain the policy repo rate at 6.5 percent, marking the sixth consecutive instance of maintaining the status quo. The repo rate, representing the interest rate at which the RBI lends

Stocks marginally rise on Wednesday, investors wait for RBI monetary policy

07 Feb 2024 10:17 AM IST

Indian stock indices showed a slight increase during Wednesday’s opening, following positive trends in the US markets overnight and the return of foreign portfolio investors (FPIs). As of 9:28 am, the Sensex stood at 72,357.98 points, rising by 171.88 points or 0.24 percent, while the Nifty reached 21,993.15 points, up

Before collaborating with Paytm to take over merchant accounts, banks wait for RBI’s approval

06 Feb 2024 12:03 PM IST

Paytm’s search for bank partnerships to transfer its Paytm Payments Bank Limited (PPBL) accounts is encountering reluctance from several public and private sector banks. Following the recent regulatory actions by the Reserve Bank of India (RBI) on PPBL, which suspended its banking operations, banks are hesitant to proceed without clear

Lt Governor lauds Jammu & Kashmir’s inclusive Interim budget 2024-25

06 Feb 2024 09:27 AM IST

Lieutenant Governor Manoj Sinha commended the Interim Budget 2024-25 of the Union Territory of Jammu and Kashmir, expressing gratitude to Prime Minister Shri Narendra Modi and Hon’ble Finance Minister Nirmala Sitharaman. In a tweet, the Lt Governor expressed his gratitude, stating, “Grateful to Hon’ble PM Narendra Modi Ji & Hon’ble

India leading top 25 countries in defence export: Union minister

29 Jan 2024 09:46 AM IST

India is becoming self-reliant in defence production, and for the first time, leading the top 25 countries in defence exports, Union minister Ajay Bhatt said on Sunday. The Minister of State for Defence was speaking at the Advantage Vidarbha programme in Nagpur. He said the government has issued four lists

Tamil Nadu gets ‘Bharat’ brand of pulses at subsidised prices

29 Jan 2024 09:44 AM IST

National Cooperative Consumers’ Federation of India Limited (NCCF), a unit of Ministry of Consumer Affairs, Food and Public Distribution, Government of India, has launched ‘Bharat Dal’ brand in Tamil Nadu to sell high-quality pulses and rice to consumers at subsidised price. AASSAAN Global Trade has been appointed as the authorised

DGFT to discuss trade regime of dual-use goods, software on Jan 30

29 Jan 2024 09:43 AM IST

The Directorate General of Foreign Trade (DGFT), Department of Commerce in partnership with the Ministry of External Affairs (MEA) and other government agencies is organising the National Conference on Strategic Trade Controls (NCSTC) scheduled for January 30, 2024, at Vigyan Bhawan, New Delhi, said an official statement by the Ministry

India’s gas demand to rise 6% in 2024: IEA

29 Jan 2024 09:42 AM IST

India’s natural gas demand is expected to rise by 6 per cent in 2024 with a rise in consumption in fertiliser units, power generation and industrial sectors, according to the International Energy Agency (IEA). Following the 7 per cent year-on-year decline observed in 2022, India’s primary gas supply rose by

DiamondXE Founder Ankit Singh Keemti Discusses Vision Behind India’s Largest Online Diamond Platform

27 Jan 2024 08:34 AM IST

In an insightful conversation with A Rated on NewsX, Diamond XE’s Founder and Director, Ankit Singh Keemti, shed light on the journey of Diamond XE, India’s premier online platform for both natural and lab-grown diamonds. As the platform celebrates its first anniversary since launch, Ankit discussed the inspiration behind Diamond

We have to further pave the way from ‘Dev to Desh’ and ‘Ram to Rashtra’: PM Modi

26 Jan 2024 04:48 AM IST

Prime Minister Narendra Modi on Thursday unveiled multiple development projects in Uttar Pradesh and said that his government was giving top priority to the welfare of farmers and making efforts to link agriculture with technology. The Prime Minister referred to the Pran Pratishtha ceremony at grand Ram temple in Ayodhya

Congress’ politics has become soft Naxalite, says Assam CM Sarma

26 Jan 2024 04:46 AM IST

Assam Chief Minister Himanta Biswa Sarma on Thursday said that the politics of Congress has become ‘soft Naxalite’ and that the grand old party is filled with left-leaning people. He said that the slogans of Congress don’t reflect Gandhian principles anymore. “Congress’ politics has become ‘soft Naxalite’. Their slogans don’t

DIAL Moves HC Against Centre’s Decision Allowing Commercial Flights from Hindon Airforce Station

26 Jan 2024 04:39 AM IST

The Delhi International Airport Ltd (DIAL) approached the Delhi High Court against the Centre’s decision to allow Airports Authority of India (AAI) to commence scheduled commercial flight operations at the Indian Airforce Station situated in Hindon, Ghaziabad. Justice Subraminium Prasad sought the stand of the Centre and AAI on the