New Delhi, Mar 15 (PTI) India is not facing any power crisis as the installed electricity generation capacity stood at 395.6 gigawatts (GW) against the peak demand of 203 GW recorded in 2021-22, Parliament was informed on Tuesday. "There is no power crisis in the country. As on February 28, 2022, the installed generation capacity [...]
New Delhi, Mar 15 (PTI) Electric two-wheelers are seeing a mini-boom in the national capital, with their sale contributing 55 per cent of the total such vehicles registered since January this year, official data showed. According to government data, 10,707 electric vehicles were registered between January and March 14 this year, with 5,888 of them [...]
New Delhi, Mar 15 (PTI) Banks recovered over Rs 7.34 lakh crore in the past six years and the first six months of the current fiscal year, the government said in Parliament on Tuesday. During the past six financial years and the first six months of the current financial year, banks have effected an aggregate [...]
Colombo, Mar 15 (PTI) Sri Lankan government will seek financial support from the IMF, softening its resistance against the international lender as it desperately tries to salvage the country’s beleaguered economy that is currently reeling under a severe foreign exchange crisis. On Tuesday, Finance Minister Basil Rajapaksa gave the nod to seek assistance from the [...]
New Delhi, Mar 15 (PTI) The Centre is providing financial assistance to set up dairies across the country through various schemes, including dairy processing and infrastructure development fund and the national programme for dairy development, Union Minister Sanjeev Balyan said. Speaking in the Lok Sabha, Union Minister of State for Animal Husbandry, Dairies and Fisheries [...]
New Delhi, Mar 15 (PTI) The GST Council is a federal body in which every finance minister from every state deliberates and we should not politicise it as it amounts to an insult to the Council, Finance Minister Nirmala Sitharaman said in the Rajya Sabha on Tuesday. Replying to a supplementary during the Question Hour [...]
New Delhi, Mar 15 (PTI) The government on Tuesday said it is keeping a close watch on evolving geopolitical developments and would make 'calibrated interventions' to keep fuel prices under control to safeguard the interest of the common man.Minister of State for Finance Pankaj Chaudhary said crude petroleum and natural gas, fuel & power subgroup [...]
New Delhi, Mar 15 (PTI) Finance Minister Nirmala Sitharaman on Tuesday said no public sector bank employees were found to be involved in the Rs 14,349 crore bank fraud by ABG Shipyard Ltd (ABGSL), and CBI has registered a case against the company and its directors last month.ABG Shipyard was sanctioned loan under consortium arrangement [...]
- The programme will allow Corporate Entities to fund sustainability projects. - The initiative furthers the Bank's commitment to advance Sustainable Development Goals. MUMBAI, India, March 15, 2022 /PRNewswire/ -- In line with its focus on responsible banking, DBS Bank India has announced the launch of its Green Deposit Programme for corporate clients providing a [...]
NEW DELHI, March 15, 2022 /PRNewswire/ -- Lyra network was honoured with the "IFCCI La French Tech Award 2022" at the Indo French Business Award 2022 (IFBA awards), co-organised by the Indo-French Chambers of Commerce and Industries (IFCCI) and Business France India in the presence of Mr. Franck Riester, Minister of State for Foreign Trade [...]