New Delhi, Mar 24 (PTI) The Central Bureau of Investigation (CBI) has not been able to start probe in over Rs 21,000 crore worth bank fraud cases in want of consent by five non-BJP ruled states including Maharashtra, West Bengal and Chhattisgarh in the last three years, the Rajya Sabha was informed on Thursday. Out [...]
New Delhi, Mar 24 (PTI) Investments worth Rs 36,000 crore have been planned for development of greenfield airports under the public private partnership mode, Union minister V K Singh said on Thursday and also cited "highly price-sensitive customers" and high taxes on jet fuel as major challenges faced by the country's civil aviation sector. In [...]
New Delhi, Mar 24 (PTI) Nepal has adopted the unified payment interface developed by India for digital transactions, a government periodical said in its latest edition. Earlier this year, Bhutan also launched a BHIM-UPI based payment service for digital transactions, as per the article tweeted by PIB on Thursday. "Many countries praised the CoWin app, [...]
Hyderabad, March 24 (PTI) Backed by buoyant aviation market, India needs 2210 new aircraft over the next two decades, a senior official of Airbus said on Thursday. The fleet could comprise 1770 new small and 440 medium and large aircraft, Head of Airline Marketing India and South Asia, Airbus, Brent McBratney said. He also said [...]
The Securities and Exchange Board of India has refused to disclose under the RTI Act its inspection reports since 2013 related to functioning of the National Stock Exchange which is mired in controversy resulting from the market regulator's damning report on alleged irregularities in the functioning of the bourse's former chiefs. Denying the information, SEBI [...]
New Delhi, Mar 23 (PTI) The country's exports for the first time crossed the USD 400 billion mark in a fiscal on healthy performance by sectors such as petroleum products, engineering, gems and jewellery, and chemicals, according to the commerce ministry's data released on Wednesday. The merchandise exports rose by by 37 per cent to [...]
New Delhi, Mar 23 (PTI) A Parliamentary panel on Wednesday termed as "unfounded" chartered accountants' apex body ICAI's opposition to the proposal to penalise firms for repeated misconduct of its partners and also endorsed the changes proposed by the government with respect to the constitution of disciplinary committees. In its report on 'The Chartered Accountants, [...]
London, Mar 23 (PTI) Chancellor of the Exchequer Rishi Sunak tabled the UK’s Spring Statement, or the country’s one of two annual fiscal statements, on Wednesday amid high inflation and price rises and announced measures such as a drop in the basic rate of income tax, a cut in fuel duty and doubling support for [...]
New Delhi, Mar 23 (PTI) NCP leader Supriya Sule on Wednesday slammed the government over the raids by investigating agencies on industrialists and claimed that several restrain themselves from speaking openly about issues bothering them."Industry has to be supported, but actually they do live in fear. Everyday you read about somebody getting raided," she said, [...]
Mumbai, Mar 23 (PTI) Domestic banks' share in the overall commercial credit has plunged to a low of 34 per cent in FY2021 from 56 per cent in FY2011 partly due to the pandemic and more because companies are moving away from banks for funds, says a report. The share of non-banks in the commercial [...]
