Page 189 - Latest News
Mahindra Finance assets grow 27% in FY23 on strong credit offtake
Credit quality improves as stage-3 assets dip to 4.6%
 "Mahindra Finance assets grow 27% in FY23 on strong credit offtake")
Rising Covid cases in India a non-event for markets for now: Analysts
Sentimental impact of bank failures in the US, global growth slowdown, state elections in India, and RBI April 6 policy in their aperture
 "Rising Covid cases in India a non-event for markets for now: Analysts")
Adani Ports & SEZ completes Rs 1,485 cr acquisition of Karaikal Port
APSEZ will spend another Rs 850 cr over time to upgrade infrastructure and reduce the logistics cost for customers
 "Adani Ports & SEZ completes Rs 1,485 cr acquisition of Karaikal Port")
Finance Ministry to constitute 16th Finance Commission this year
The Finance Ministry in its FY24 Budget has allocated a token Rs 10 crore for establishing attached offices for the 16th Finance Commission
 "Finance Ministry to constitute 16th Finance Commission this year")
Marico's consolidated revenue grew in low single digits in Jan-Mar quarter
India business volume growth improved slightly over the preceding quarter, staying in mid-single digits
 "Marico's consolidated revenue grew in low single digits in Jan-Mar quarter")
Net direct tax collections grow 18% to Rs 16.61 trn in FY23, exceeding RE
The net direct tax collections, which include taxes from individuals and corporations, have exceeded the BE by 16.97 per cent and RE by 0.69 per cent
 "Net direct tax collections grow 18% to Rs 16.61 trn in FY23, exceeding RE")
India needs to double its share of clean power to meet climate goals
The country will need to reduce the share of coal, which currently accounts for about half of its installed capacity and almost 70% of electricity output
 "India needs to double its share of clean power to meet climate goals")
RBI to issue new 5-year bond on April 6, seeks to raise Rs 8,000 cr
The Central government has indicated that it wants to mobilise up to Rs 33,000 cr through auction of three securities maturing in 2028, 2033 and 2052
 "RBI to issue new 5-year bond on April 6, seeks to raise Rs 8,000 cr")
No proposal for one-time relaxation in JEE-Main eligibility criteria: Govt
"Accordingly, there is no proposal under consideration for one-time relaxation in eligibility criteria of JEE (Main) 2023," the minister added
 "No proposal for one-time relaxation in JEE-Main eligibility criteria: Govt")
At 23,926 units, Ashok Leyland reports 19% rise in sales in March 2023
Total sales of medium, heavy and light commercial vehicles sold in March in the domestic market grew by 23 per cent to 22,885 units from 18,556 units sold in the same month of last year
 "At 23,926 units, Ashok Leyland reports 19% rise in sales in March 2023")
440 jobs given by Delhi govt since 2015, Kejriwal lying about figure: BJP
No immediate reaction was available from the Delhi government or the ruling Aam Aadmi Party (AAP) over the allegations levelled by the Bharatiya Janata Party (BJP) leaders
 "440 jobs given by Delhi govt since 2015, Kejriwal lying about figure: BJP")
Karnataka Assembly polls: PM Modi likely to address nearly 20 rallies
Chief Minister Basvaraj Bommai is heading the party's campaign committee. The election management committee is headed by union minister Shobha Karandlaje
 "Karnataka Assembly polls: PM Modi likely to address nearly 20 rallies")
Donald Trump set to be arraigned in Manhattan court on Tuesday: Report
According to a report in Politico, Tacopina said Sunday that he eventually expects to move to dismiss the charges against the former president
 "Donald Trump set to be arraigned in Manhattan court on Tuesday: Report")
MeT issues 'yellow' alert for thunderstorm, lightning in Himachal for Apr 4
Himachal Pradesh received 41 per cent deficient rains in March as the state recorded 66.8 mm of rain against the normal 113.4 mm, the MeT office here said on Monday
 "MeT issues 'yellow' alert for thunderstorm, lightning in Himachal for Apr 4")
Himachal Pradesh Loktantra Prahari Samman Act repealed amid Oppn walkout
Leader of the opposition and former chief minister Jai Ram Thakur said the government should reconsider repealing the Act if it has faith in democracy
 "Himachal Pradesh Loktantra Prahari Samman Act repealed amid Oppn walkout")
Minister Kishan Reddy urges KCR to implement 'SVAMITVA' scheme in Telangana
The State government needs to distribute certificates as per the maps to those who have the rights over the property, he said in the letter written in Telugu
 "Minister Kishan Reddy urges KCR to implement 'SVAMITVA' scheme in Telangana")
Bank NPAs to improve to decadal low of 3.8% by FY24-end, says Crisil
The RBI had to embark on the asset quality review, under which it directed lenders to cleanup their books by asking them to recognise individual assets as NPAs
 "Bank NPAs to improve to decadal low of 3.8% by FY24-end, says Crisil")
The one device: 50 years of the cellphone; here's how it has evolved
From brick-sized handsets used by stockbrokers, devices have become powerful computers sitting in our pockets
 "The one device: 50 years of the cellphone; here's how it has evolved")
Bahrain seeks to attract investment with new golden licence for companies
The move is part of an economic recovery plan launched by the oil producing state in October 2021 to boost growth and job creation
 "Bahrain seeks to attract investment with new golden licence for companies")
Centre to put up 50 Gw of renewable projects for bidding this year
Of this, at least one Gw would be wind energy
 "Centre to put up 50 Gw of renewable projects for bidding this year")