SAIL strengthens structures at Maha Kumbh Mela with 45,000 tonnes of steel
New Delhi, Jan 9 (IANS) Public sector giant Steel Authority of India Limited (SAIL) has supplied approximately 45,000 tonnes of steel for the construction of various structures at the upcoming Maha Kumbh Mela 2025 which will be held in Prayagraj. The steel supplied by the company includes chequered plates, hot strip mill plates, mild steel […]
Delhi HC issues notice on plea seeking enhanced regulations for cryptocurrency
New Delhi, Jan 9 (IANS) The Delhi High Court has agreed to examine a plea seeking enhanced regulations for cryptocurrency or virtual digital assets (VDA). The plea highlighted the plight of BitBNS users, who have been unable to withdraw their funds from their wallets since February 2022 due to a “cyberattack”. Issuing notice, a bench […]
SIP inflows in India cross Rs 26,000 crore mark for 1st time in December: AMFI
New Delhi, Jan 9 (IANS) Monthly systematic investment plans (SIPs) surpassed the Rs 26,000 crore mark for the first time in the month of December, showcasing that small investors continue to rely on mutual funds for long-term investments, as per the data released by the Association of Mutual Funds of India (AMFI) on Thursday. The […]
Inflows in open ended equity funds in India up for 46th month in a row
New Delhi, Jan 9 (IANS) Despite muted equity market performance during the month of December, inflows in open-ended equity funds stayed in the positive zone for the 46th month in a row, industry experts said on Thursday. Actively managed equity mutual fund inflows saw over 14 per cent monthly growth at Rs 41,155.9 crore in […]
India’s securitisation volume surges 27 pc in 9 months driven by private banks
Mumbai, Jan 8 (IANS) Securitisation volume surged by around 27 per cent year-on-year to Rs 1.78 lakh crore in the first nine months of the current financial year, supported by large issuances from private sector banks, according to a CRISIL report released on Wednesday. Among asset classes, vehicle loans (including commercial vehicles and two-wheelers) accounted […]
PM Modi to lay foundation stone for NTPC’s Rs 1.85 lakh cr Green Hydrogen Hub Project near Vizag
New Delhi, Jan 7 (IANS) Prime Minister Narendra Modi will lay the foundation stone for NTPC’s state-of-the-art Green Hydrogen Hub Project at Pudimadaka near Visakhapatnam in Andhra Pradesh on Wednesday (Jan 8), being set up with an investment of Rs 1.85 lakh crore as part of the Government’s big push to clean energy. The project […]
The Third Eye: A new strategy for the business world
New Delhi, Jan 5 (IANS) Prime Minister Narendra Modi’s ‘Digital India’ call provided a timely push to business transactions by encouraging corporates to switch over to online work, use computerisation for speedy delivery and facilitate an outreach to customers that was not so easy to achieve earlier. An ultimate advance of Information Technology symbolised by […]
Centre to roll out Rs 50 crore worth fisheries sector schemes for Northeast states tomorrow
New Delhi, Jan 5 (IANS) The Union Minister Rajiv Ranjan Singh will inaugurate and lay the foundation for key projects amounting to about Rs 50 crore under Pradhan Mantri Matsya Sampada Yojana (PMMSY) as part of the Centre’s plan to promote a self-sustained fisheries sector in the Northeastern Region, according to an official statement issued […]
Giriraj throws open Rs 76 cr campus of Indian Institute of Handloom Technology at Fulia in Bengal
Fulia (West Bengal), Jan 5 (IANS) Union Minister of Textiles Giriraj Singh on Sunday inaugurated the new permanent campus of the Indian Institute of Handloom Technology built at a cost of Rs 75.95 crore at Fulia in West Bengal’s Nadia district. The sprawling campus of 5.38 acres has a modern infrastructure comprising smart classes, a […]
Adani Ports’ cargo volume grows 8 pc in December
Ahmedabad, Jan 3 (IANS) The total cargo volume of Adani Ports and Special Economic Zone Limited (APSEZ) grew 8 per cent (year-on-year) to 38.4 million metric tonnes (MMT) in December 2024. The company’s container volume grew 22 per cent and liquids and gas volume grew 7 per cent on YoY basis in the last month. […]
