by PTI News | Feb 15, 2022 | 9:36 pm | Economy, News
Mumbai, Feb 15 (PTI) Portfolio outstanding for commercial vehicle loans (CVL) stood at Rs 3,29,200 crore as of September 2021, a report by credit bureau CRIF High Mark showed. As of September 2021, there were 65.9 lakh active loans for CVL, it added. Portfolio outstanding and active loans for small ticket commercial vehicle loans (SCVL [...]
by PTI News | Feb 15, 2022 | 9:30 pm | Economy, News
New Delhi, Feb 15 (PTI) The Congress on Tuesday asked the government to bring a white paper on the functioning of the National Stock Exchange, after it was revealed that its former CEO Chitra Ramkrishna allegedly acted on the advice of a "spiritual guru''. The opposition party also questioned the silence of Prime Minister Narendra [...]
by PTI News | Feb 15, 2022 | 9:03 pm | Economy, News
Mumbai, Feb 15 (PTI) India can add USD 20 billion to its Gross Domestic Product (GDP) if the country can reduce by 50 per cent the dependence on imports from China by leveraging the production linked incentive schemes, an SBI research report said on Tuesday. In terms of imports, India continued to reduce its trade [...]
by PTI News | Feb 15, 2022 | 8:18 pm | Economy, News
New Delhi, Feb 15 (PTI) Union minister R K Singh on Tuesday dismissed a speech by Telangana Chief Minister and clarified that states are free to hold their own bids and buy renewable energy from any developer based on those bids. He was referring to a speech by Telangana Chief Minister K Chandrashekar Rao on [...]
by PTI News | Feb 15, 2022 | 7:44 pm | Economy, News
New Delhi, Feb 15 (PTI) Public sector Punjab & Sind Bank (PSB) on Tuesday said it has declared bad asset IL&FS Tamil Nadu Power Company, with dues of over Rs 148 crore, as a fraud account and reported it to the Reserve Bank. As per the bank's policy on determination and disclosures on material events, [...]
by PTI News | Feb 15, 2022 | 7:44 pm | Economy, News
New Delhi, Feb 15 (PTI) The UAE-based retail major Lulu Group on Tuesday said it will invest Rs 400 crore to set up food park in Kerala. The announcement was made by Lulu group Chairman Yusuffali MA during food sector exhibition, Gulfood'22 being held in Dubai World Trade Centre. "As part of strengthening its own [...]
by PTI News | Feb 15, 2022 | 7:38 pm | Economy, News
Mumbai, Feb 15 (PTI) The budget session of the Maharashtra legislature will be held in Mumbai between March 3 and March 25. The annual budget will be tabled on March 11, an official said on Tuesday.Earlier, a discussion was held to host the budget session in Nagpur but due to the MLA hostel there being [...]
by PTI News | Feb 15, 2022 | 7:20 pm | Economy, News
Mumbai, Feb 15 (PTI) Advertising spends growth in India is estimated to slip to 22 per cent to Rs 1.08 lakh crore in 2022, which will witness the digital medium overtake television, a report said on Tuesday. In 2021, Indian advertising grew 26.5 per cent to Rs 88,334 crore but much of the gains were [...]
by PTI News | Feb 15, 2022 | 7:02 pm | Economy, News
Ahmedabad, Feb 15 (PTI) The Gujarat government has signed a pact with a leading business process management (BPM) firm for strategic partnership under the state's newly launched IT/ITeS policy, according to an official statement released on Tuesday. This is the first-ever agreement, which was signed after the Gujarat government unveiled its information technology and IT-enabled [...]
by PTI News | Feb 15, 2022 | 5:59 pm | Economy, News
Mumbai, Feb 15 (PTI) Union Minister for Electronics and Information Technology, Ashwini Vaishnaw, on Tuesday said the government and the ruling BJP have social harmony and inclusive development as a part of their thought process. “We as the government, in BJP, we believe in inclusive development, we believe in 'Antodaya' as a major philosophy, as [...]