Indian banks’ profitability improves for 6th consecutive year
BIZ DESK The profitability of Indian banks improved for the sixth consecutive year in 2023-24 and their non-performing assets (NPAs) declined to a 13-year low of 2.7 per cent. According…
Final Trade Dec 27: Sensex Up 226 Pts, Rupee Hits Record Low, Gold & Silver Slip
Benchmark domestic equity indices today ended in positive territory with gains of almost 0.3 percent. The broader market indices at BSE closed mixed. The Mid-Cap index ended marginally down by…
Tata Sons Chairman N Chandrasekaran’s letter to group employees for the new year 2025
Dear Colleagues, We reach the end of another unpredictable year. Globally, 2024 was defined by geopolitical instability and a slight brightening of the macro-economic outlook. Military conflicts in Ukraine, Gaza…
RBI sets up 8-member panel on ethical use of AI
The Reserve Bank of India has constituted the Committee on FREE-AI with the following composition: Sl Name Chairperson/member i) Dr. Pushpak Bhattacharyya, Professor, Department of Computer Science and Engineering, IIT…
India has potential to leap to $ 30 trillion economy by 2047: Amitabh Kant
AMN / PATNA Former CEO of NITI Aayog Amitabh Kant today said that India has potential to leap to 30 trillion US dollar economy by 2047 and it can be…
NRI remittances surge to record $11.9 billion in April to October this year, says RBI
AMN Inflows into Non-Resident Indian, NRI, deposit accounts surged 11.9 billion dollar in April-October during the current financial year. According to the latest figures compiled by the Reserve Bank of…
PM Modi holds talks with eminent economists at NITI Aayog ahead of Budget..
Staff Reporter Prime Minister Narendra Modi today emphasised that Viksit Bharat can be achieved through a fundamental change in mindset that is focused on making India develop by 2047. He…
India’s Smartphone exports surpass Rs 1 lakh crore under PLI scheme: Ashwini Vaishnaw
AMN Electronics and IT Minister Ashwini Vaishnaw has said that the export value of Smartphones has crossed one lakh crore rupees in the first eight months of the current financial…
PM Modi holds pre-budget consultation with economists in New Delhi
AMN Prime Minister Narendra Modi today participated in a pre-budget consultation with eminent economists at NITI Aayog in New Delhi. Union Finance Minister Nirmala Sitharaman, NITI Aayog CEO BVR Subhramanyam…
Popcorn Politics: GST Council’s Multi-Rate Decision Sparks Debate on ‘Good and Simple Tax’
By Bibhudatta Pradhan / NEW DELHIMultiple tax rates on popcorn varieties have sparked a heated debate, with economists, political leaders, and social media users criticizing the GST Council’s latest move…