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RBI Likely To Transfer Rs 1 Lakh Crores To Government In FY25: Report

Asian News International | Friday May 10, 2024, New Delhi

The Reserve Bank of India (RBI) is likely to transfer approximately Rs 1000 billion to the government IN FY25 according to a report by Union Bank of India.

Sri Lanka Signs 20-Year Power Purchase Deal With Adani Green: Report

Tuesday May 07, 2024, Colombo

Sri Lanka has entered into a 20-year power purchase agreement with Adani Green Energy Ltd for two wind power stations developed by the company, a cabinet statement said on Tuesday.

Rakesh Jhunjhunwala's Wife Loses Rs 800 Crore As Her Biggest Stock Bet Tanks

NDTV News Desk | Tuesday May 07, 2024, New Delhi

Rekha Jhunjhunwala, the wife of late investor Rakesh Jhunjhunwala, lost over Rs 800 crore on Monday as the shares of the Titan Company posted a big decline.

Finance Minister Explains How GST Benefitted People Through Pro-Poor Approach

Press Trust of India | Monday May 06, 2024, New Delhi

Finance Minister Nirmala Sitharaman on Monday said the government has adopted "a pro-poor approach" while implementing Goods and Services Tax, and despite lower taxes rates the revenues as a percentage of GDP have reached the pre-GST level.

Sanjaya Kumar Mishra Takes Oath as 1st President Of GST Appellate Tribunal

Press Trust of India | Monday May 06, 2024, New Delhi

Finance Minister Nirmala Sitharaman on Monday administered the oath of office to Justice (Retd) Sanjaya Kumar Mishra as the first President of the GST appellate tribunal (GSTAT).

Participatory-Note Investments Surge To Near 6-Year High At Rs 1.5 Lakh Crore

Press Trust of India | Monday May 06, 2024, New Delhi

Investments through participatory notes in the Indian capital markets reached Rs 1.5 lakh crore at the end of February, making it the highest level in nearly six years, driven by a strong performance of the domestic economy.

"Unexplored Opportunity": Warren Buffet Addresses Big India Question

NDTV News Desk | Monday May 06, 2024, New Delhi

Billionaire investor Warren Buffett has hinted at potential forays into the Indian market, citing the country's "unexplored" opportunities and its position as the world's fifth-largest economy.

Investor Warren Buffett Answers A Key Question About Indian Markets

Press Trust of India | Sunday May 05, 2024, Washington

Billionaire investor Warren Buffett said that the Indian market has "unexplored" opportunities which his conglomerate holding company, Berkshire Hathaway, would like to explore "in the future".

"Job Creation By Modi Government Highest On Record": Economist Surjit Bhalla

Press Trust of India | Sunday May 05, 2024, New Delhi

Former India executive director at IMF Surjit Bhalla on Sunday said that on an average basis, an unprecedented number of jobs are being created under the Narendra Modi government, with the number touching about 10 million over the last 7-8 years.

"Career Break Due To Personal Reasons": Paytm COO Bhavesh Gupta Resigns

Press Trust of India | Saturday May 04, 2024, New Delhi

Paytm's parent company One97 Communications president and chief operating officer Bhavesh Gupta has resigned from the company, an official statement said on Saturday.

Adani Green Energy Q4 Adjusted Profit Rises 86% On Strong Sales

Reuters | Friday May 03, 2024, New Delhi

Adani Green Energy reported an 86% rise in fourth-quarter adjusted profit on Friday, helped by strong energy sales to customers.

Sensex Recovers Slightly After Falling Over 1,000 Points

NDTV News Desk | Friday May 03, 2024, New Delhi

Sensex crashed over 1,000 points on Friday afternoon due to profit-booking and a decline in the share prices of blue-chip Reliance Industries, wiping out gains made in initial trading.

Adani Green Energy Secures $400 Million Finance From International Banks

Press Trust of India | Thursday May 02, 2024, New Delhi

Adani Green Energy Ltd (AGEL) on Thursday said it has secured USD 400 million finance from a consortium of five international banks for its under construction solar projects of 750 MW in Gujarat and Rajasthan.

Airbnb Says India Among Fastest-Growing Markets, Could Be In Top 10

Press Trust of India | Thursday May 02, 2024, New Delhi

According to Airbnb, Varkala in Kerala, Varanasi, Delhi and Kochi are among popular destinations in India.

Air India Starts Flights On Delhi-Dubai Routes Using A350-900 Aircraft

Press Trust of India | Thursday May 02, 2024, New Delhi

Air India has commenced services with its A350 aircraft on the international route by operating the first Delhi-Dubai flight on Wednesday and plans to fly the wide-body plane on more overseas routes in the coming months.