Page 213 - Latest News

Rupee weakens 7.8% against US dollar in FY23, most in three years

The rupee closed FY23 at 82.18 to a dollar, against 75.79 a year ago

State-owned Coal India eyes digital transformation of mining operations

This project will help Coal India's (CIL) mining operations become future ready using advanced digital solutions, the public-sector unit said in a statement

660,000 students to appear in AP SSC exams scheduled from April 3

Besides 156 flying squads, 682 sitting squads have also been arranged to check malpractices while 104 examination centres have been equipped with CCTV cameras

Def ministry signs Rs 470 cr pact for modernisation of Naval Aircraft Yards

In addition, the Ministry of Defence has inked a contract with Mecon Ltd, Ranchi, as a project monitoring consultant at a cost of Rs 24 crore, it said

Benchmark G-sec yields close lower at FY23 end vis-a-vis Dec 2022

Shields banks from adverse impact from bond portfolio

Govt falls short of disinvestment target, posts stronger dividend receipts

The dividend receipts from CPSEs grew more than 37 per cent to Rs 58,988 crore against the Revised Estimates (RE) target of Rs 43,000 crore

Fiscal deficit at 82.8% of Revised Estimates till February: Govt data

Total expenditure of Rs 34.93 trillion for April-February FY23 was 83.4 per cent of the RE

India's current account deficit declines to 2.2% of GDP in Q3FY23

Private transfer receipts, mainly representing remittances from Indians employed overseas, amounted to $30.8 billion, an increase of 31.7 per cent per cent YoY

Mahindra Resorts to invest Rs 1,800 cr, to add 2,100 rooms in 5-6 years

A beginning has already been made with the Himachal government recently wherein the company is running a 20-key boutique resort at Jhanjheli near Baddi

Core sector output slows to 3-month low of 6% in Feb, crude production dips

Six of eight key infrastructure industries report sequential deceleration

Mobile phone user base rises in Jan after four months of decline: Trai data

Vodafone Idea user base shrinks by 1.35 million; Jio cements lead with the addition of 1.65 million subscribers

Govt hikes interest rates on most small savings schemes by up to 70 bps

Rate on National Savings Certificate steeply raised by 70 bps, PPF kept unchanged

In a first, 13 Citi-Axis branches to co-locate till merger transition

Clear signage to represent each banks' space; Citi to retain 14 branches

EVs account for 4.4% of 2-wheeler registrations, shows VAHAN data

Ola Electric is Numero Uno in the segment, with 22% share

All our innovations have a bit of India in them: Siemens Healthineers CTO

In a Q&A, Peter Schardt talks about the Rs 1,300 crore campus his company is setting up in India, and dwells on the firm's plans in the country

ZestMoney looking to lay off employees after deal with PhonePe fails

ZestMoney founders held a town hall on March 30 and informed employees about layoffs across depts, say sources; not known yet how many would be asked to go

Indian IT services firms likely to post muted revenue growth in Q4

FY24 revenue growth may decline by 700-900bps: CRISIL Ratings

Govt may close FY23 with Rs 50,000 cr shortfall in direct tax mop up

The dividend from public sector enterprises gave some breather: It stood at Rs 58,988 crore, compared to the revised target of Rs 43,000 crore

Tata Neu 2.0: All-new version simpler, high on privacy with no need for OTP

Better UX & UI experience; no need to authenticate each time user accesses app; designated chatbot for BB; IPL season to be used to harvest users; enters edtech with Tata NeuSkills

Govt exceeds FY23 RE target of combined disinvestment, dividend mop up

In 2022-23, dividend receipts stood at Rs 58,988.34 crore and disinvestment receipts at Rs 35,293.52 crore