Banks Raise Interest Rates on FDs Amid Tight Competition for Deposits
In response to tight rivalry for deposits, banks have begun to offer larger yields on FDs. While major banks like SBI and HDFC were the first to hike interest rates…
IBC accelerated the recovery of Rs 10.22 lakh crore from failing firms: Govt
According to the Ministry of Corporate Affairs’ year-end review, as many as 28,818 applications for the initiation of the Corporate Insolvency Resolution Process (CIRP) with an underlying default of Rs.…
Venture Capital investments in India surged to $16.8 billion in January-November
From January to November 2024, venture capital (VC) activity in India increased significantly, with investments totalling $16.77 billion over 888 deals, according to the India Brand Equity Foundation (IBEF). According…
India records the highest ever coal production in 2023-24, focussing on increasing coking coal output
According to the Coal Ministry’s year-end evaluation, India produced its highest ever coal production of 997.826 million tonnes (MT) in fiscal year 2023-24, an 11.71 percent rise over the similar…
Dr. Manmohan Singh, a remarkable leader, made great strides with his deeds. Gautam Adani
Adani Group Chairman Gautam Adani offered his sincere sympathies on the death of former Prime Minister Dr. Manmohan Singh on Thursday, describing him as a rare leader who talked quietly…
Former Prime Minister Manmohan Singh hospitalised to AIIMS in Delhi; his condition is critical
Former Prime Minister Manmohan Singh was brought to Delhi’s All India Institute of Medical Sciences (AIIMS) on Thursday due to deterioration in his health, according to reports. It is reported…
Adani Defence & Aerospace signs Rs 400 crore deal to purchase Air Works
Adani Defence & Aerospace stated on Monday that it has reached a formal agreement to acquire Air Works, India’s largest private-sector maintenance, repair, and overhaul (MRO) company, for Rs 400…
1.6 crore customer records of HDFC Life are being sold on the dark web: CyberPeace
CyberPeace’s research wing said on Wednesday that 1.6 crore (16 million) HDFC Life Insurance customer records are being traded on a Dark Web site for 200,000 USDT (Tether cryptocurrency). CyberPeace…
Monthly SIP investments exceed Rs 24,000 crore for the first time in India
Monthly systematic investment plan (SIP) figures in India increased by 4% to Rs 24,508.73 crore in September, up from Rs 23,547.34 crore in August, according to data from the Association…
Despite the global slowdown, India’s pharmaceutical and medical technology exports grow to the fourth highest in FY25
Despite global slowdown fears, Arunish Chawla, Secretary, Department of Pharmaceuticals, expects India’s pharmaceutical and meditech exports to continue to rise. With 16 blockbuster pharmaceuticals in the pipeline for cancer, diabetes,…