India’s fossil fuel capacity grows 2.44 per cent in FY24: Data
The country’s fossil fuel-based power generation capacity increased 2.44 per cent to 243.22 GW in FY24 from 237.27 GW in March 2023, according to official figures. There was a 10.79 per cent rise in non-fossil fuel based capacity (renewable energy sources) addition at 190.57 gigawatt (GW) in 2023-24 over 172.01 GW...
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Rupee rises 3 paise to end at 83.43 against US dollar
04 May 2024 | PTI -
ADB open to funding space sector in India: VP Bhargav
04 May 2024 | PTI -
Sebi facilitates ease in digital onboarding process
04 May 2024 | PTI -
Sensex tumbles 700 points
04 May 2024 | PTI -
Six Adani firms get SEBI show cause notice
03 May 2024 | PTI -
Nifty hits record peak in early trade; Bajaj Finance jumps 6 pc
03 May 2024 | PTI -
Jindal Stainless to operate stainless steel melt shop in Indonesia
03 May 2024 | Pioneer News Service
American Express will open its campus in India
American Express will open its state-of-the-art campus in India, reaffirming the company’s commitment to the country. Spanning nearly one-million square feet, this new facility exemplifies a forward-thinking approach to workplace design, sustainability, health, and wellness for its colleagues. Colleagues will begin moving to the new facility, located in sector 74A Gurugram,...
Rupee falls 3 paise to settle at 43.46 against US dollar
The rupee stayed range-bound and closed 3 paise lower at 83.46 (provisional) against the US dollar on Thursday amid a strong American currency and rising crude oil prices in global markets. Forex traders said positive sentiment in the domestic equity markets and the inflow of foreign capital capped a sharp fall...
Paul John Nirvana bags Gold medal in London competition
John Distilleries Ltd’s Paul John single malt whiskey ‘Nirvana’ has been awarded “Gold” medal in the prestigious London Spirits Competition 2024. JDL’s two other offerings — Roulette London Dry Gin and Paul John XO Brandy — have also won ‘Silver’ medals. JDL is the only Indian company to have been...
China, Hong Kong account for 56 per cent of India’s total imports of electronics, telecom, electrical products: GTRI
India’s imports of electronics, telecom, and electrical products soared to USD 89.8 billion in 2023-24 and over half of these imports are sourced from China and Hong Kong, economic think tank GTRI said in its report. China dominates with a commanding 43.9 per cent share of India’s imports in electronics, telecom,...
Federal Bank Q4 profit rises marginally to Rs 906 crore
Federal Bank on Thursday reported a marginal rise in March quarter net profit at Rs 906 crore, impacted by pension provisions. In the year-ago period, profit was Rs 903 crore. In the full fiscal year FY24, profit increased to Rs 3,720 crore from the year-ago’s Rs 3,010 crore. The private sector...
Digital payment has transformed financial landscape: Airtel Payments Bank CEO
Airtel Payments Bank CEO Anubrata Biswas is optimistic that the payments bank momentum in India will yield strong growth horizons and opportunities in the coming years, supported by financial inclusion imperatives and rapid pace of economic and digital growth. In an interview to PTI, Biswas said FY24 has been a “remarkable...
SK Finance files draft papers with Sebi to garner `2,200 crore via IPO
Vehicle finance and business loans-focused non-bank lender SK Finance has filed preliminary papers with capital markets regulator Sebi to garner Rs 2,200 crore through an initial share sale. The proposed initial public offer (IPO) is a combination of a fresh issue of equity shares worth Rs 500 crore and an offer...
