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ECONOMY
22 industrial projects worth over Rs 4,000 crore with 25,000 job potential get approval in Odisha
Bhubaneswar: The State Level Single Window Clearance Authority (SLSWCA), headed by Chief Secretary Pradeep Kumar Jena, today approved 22 industrial projects worth Rs 4,066.71 crore in Odisha.
The SLSWCA, in its 129th meeting, approved…
Interoperable payment system for Net banking to be launched this year: RBI chief
Mumbai: RBI Governor Shaktikanta Das on Monday said that the interoperable payment system for internet banking is expected to be launched this year to facilitate quicker settlement of funds for merchants.
He said that the RBI has given…
Scindia inaugurates India’s first Green Hydrogen plant in stainless steel sector
New Delhi: Union Steel Minister Jyotiraditya M. Scindia on Monday virtually inaugurated India's first Green Hydrogen Plant in the stainless steel sector located at Jindal Stainless Limited in Haryana's Hisar.
The project is the…
IBM expands Technology Expert Labs in India to boost adoption of genAI
New Delhi: Tech major IBM on Monday announced the expansion of its Technology Expert Labs capacity in India to accelerate the adoption of generative artificial intelligence (genAI) and key technologies.
Located in Bengaluru and Kochi,…
‘India has eliminated extreme poverty,’ claims US think-tank; says ‘decline in 11…
New Delhi: India has eliminated extreme poverty and is now ‘eligible’ to move to a higher poverty line, claimed Brookings, a US-based think-tank, in its report.
Citing a comprehensive set of data, it said that the country has registered…
97.62 pc of Rs 2000 banknotes returned to banking system: RBI
Mumbai: The Reserve Bank of India (RBI) said on Friday that nearly 97.62 per cent of the Rs 2000 banknotes in circulation have been returned to the banking system.
According to RBI, the total value of Rs 2000 banknotes in circulation,…
Sensex jumps more than 1,000 points on impressive GDP numbers
New Delhi: BSE Sensex jumped more than 1,000 points on Friday reacting to India’s impressive GDP numbers.
Sensex was trading up by 1045.99 points up by 1.44 per cent at 73,549.64 points.
Metal stocks are top gainers with Tata Steel,…
Paytm, PPBL discontinue inter-company agreements before RBI deadline
New Delhi: One 97 Communications Ltd, the parent company of Paytm, and Paytm Payments Bank Limited (PPBL) on Friday announced to discontinue various inter-company agreements, as the Reserve Bank of India (RBI) ban on the bank’s operations…
Indian-origin Sridhar Ramaswamy named CEO of data cloud firm Snowflake
New York: Indian-origin Sridhar Ramaswamy has been named as the Chief Executive Officer and member of the Board of Directors of US-based data cloud company Snowflake.
Ramaswamy, who previously held the position of Senior Vice President…
Three months into the general election results, Nifty closed in the green on four occasions
New Delhi: On a 3-month basis into the election results, the Nifty has closed in the green on four occasions with an average up-move of 10.7%, JM Financial Institutional Securities said in a research on markets movement post India’s general…