Page 26 - Latest News

Credit growth vaults in metros to 9.7% in FY22 despite second wave_66665

The growth was 1.7% in FY21 and 4.8% cent in FY20, a pre-pandemic year

Water-from-air tech: Israel's Watergen inks JV with SMV Jaipuria Group_66627

Israel-based company Watergen on Wednesday announced a strategic joint venture with SMV Jaipuria Group with a planned investment of more than $50 million (over Rs 387 crore) in the next 2-3 years

Fuel distribution in Sri Lanka gets more difficult amid public unrest_66646

Fuel distribution in crisis-hit Sri Lanka has become more challenging due to public anger and a record hike in fuel prices with people many a times spending more than a day to get fuel

India to keep buying 'cheap' Russian oil, discount to be finalised: Report_66641

The official also said India was increasing its dependence on coal due to surging power demand, adding that state-run Coal India will produce more coal in the coming months.

Nadda meets union ministers to discuss plan to mark 8 years of Modi govt_66647

BJP president J P Nadda on Wednesday deliberated with Union ministers on the party's planned outreach exercise to mark eight years of the Narendra Modi government.

'Vedanta to finalise $20-bn Indian chip, display unit site by mid-June'_66661

Chairman Anil Agarwal said on the sidelines of the annual World Economic Forum the first phase of Vedanta's project will entail an investment of $2 bn

No decision on reduction in tax on ATF to bring down prices: Report_66651

The finance ministry has not yet taken a view on the civil aviation ministry's plea for tax cuts on jet fuel (ATF) to bring down prices, a top source said on Wednesday.

Court awarding life imprisonment to Malik a setback to peace efforts: PAGD_66638

The Peoples Alliance for Gupkar Declaration (PAGD) on Wednesday termed "unfortunate" the life imprisonment awarded to Malik by a Delhi court in a terror funding case and said it is a "setback"

RBI issues norms for gold import by qualified jewellers through IIBX_66640

The RBI on Wednesday came up with norms for facilitating physical import of gold through India International Bullion Exchange IFSC (IIBX) or similar authorised exchange by Qualified Jewellers

Standard Chartered settles case with Sebi in CG Power case; pays Rs 4.97cr_66643

Standard Chartered Bank has settled with markets regulator Sebi a case pertaining to alleged violations of norms in the matter of CG Power and Industrial Solutions Ltd after paying Rs 4.97 crore

IPL 2022: Sanju Samson now highest run-scorer for Rajasthan Royals_66626

Rajasthan Royals captain Sanju Samson is now the highest scorer for the team with 2,812 runs under his belt.

Bata India Q4 net jumps over two-fold to Rs 63 cr; net sales up 13%_66645

Shoemaker Bata India Ltd on Wednesday reported over two-fold increase in its consolidated net profit at Rs 62.96 crore for the fourth quarter ended March 31, 2022.

India's economy seen growing 9.2% in FY22 on upbeat rural sector: BoB_66644

India's economy is expected to have grown at 9.2 per cent in the fiscal ended March 2022, after having contracted by 7.3 per cent in the previous financial year

RBI cancels registration of 5 NBFCs, cites 'irregular' lending practices_66639

The Reserve Bank on Wednesday said it has cancelled Certificate of Registration of five NBFCs for violation of norms related to outsourcing and fair practices code in their digital lending operations.

Andreessen Horowitz bets on crypto with $4.5-bn fund, largest of its kind_66642

The fund, the fourth crypto-dedicated investment vehicle for Andreessen Horowitz, brings its total digital-asset-focused efforts to $7.6 billion

Wheat ban hurting farmers, but exemptions helping exporters: Yogendra Yadav_66621

The wheat ban imposed by the Centre has crashed prices in mandis', hurting farmers while exporters continue to reap the benefits by continuing with shipments of grain, Yogendra Yadav said

Kim Kardashian to promote Beyond Meat as new 'chief taste consultant'_66535

Kardashian, who often posts photos of her well-stocked refrigerator on social media, said she will share her favorite Beyond Meat products in the company's newsletter

German economy dodges recession in Q1 despite Ukraine war, pandemic_66421

The German economy grew in the first quarter, in line with expectations, despite difficult economic conditions caused by the war in Ukraine and the pandemic

China's economy worse off in some ways than 2020, says Premier_66629

Li Keqiang tells officials to lower nation's unemployment rate; economists expect China to miss growth target this year

How's the 'prasad', Jitin Prasada asks Sibal in payback as leader quits_66594

BJP leader Jitin Prasada on Wednesday took a swipe at Kapil Sibal after he quit the Congress and filed his nomination for a Rajya Sabha seat from UP as an Independent backed by the Samajwadi Party