Page 2961 - Press Trust Of India

India, Kenya ink 5 pacts, govt announces $250 mn LoC for Kenyan agri sector

In order to enhance bilateral economic engagement as well as to finance projects under development partnership, the two leaders also discussed the need to use local currencies for trade

Cash-for-kidney scam: Notto orders investigation against Apollo hospital

A media report alleged involvement of Apollo Hospital and Dr Sandeep Guleria in running a kidney racket in which impoverished people from Myanmar are being enticed to sell their organs for profit

Banks write off Rs 10.5 trn in 5 yrs, NPA recovery worth Rs 7.1 trn: FinMin

Karad said banks regularly evaluate the impact of write-offs as part of the exercise to clean up their balance sheet, avail tax benefit and optimise capital

Coal industry index grows to 18.4% in October, says Coal ministry

The growth in the index of coal industry can be seen due to a substantial rise in production of dry fuel in October to 78.65 MT, over 66.32 MT in the corresponding month of previous yr

Vested expands alternative assets portfolio, adds P2P lending, bonds

Vested offers a curated selection of listed corporate and govt bonds, with corporate bonds rated A and above, and government bonds backed by the govt, offering 9-12%

Economic indicators paint concerning picture: Opposition targets govt in RS

The ruling BJP, however, claimed there has been a turnaround in the economy under its government

UK cautioned against 'unfair' visa crackdown on Indian workers, students

While the Health and Care visa will be exempt from this hiked salary requirement, it remains unclear how the category would operate for Indian medics in future

Carbon emissions in India to increase by 8.2%, 4% in China in 2023: Study

The report projects total global carbon dioxide (CO2) emissions, arising out of both fossil fuels and land-use change, to be 40.9 billion tonnes in 2023

No of MFI loans extended by lenders dips in Q2, average ticket sizes grow

The average loan size increased to Rs 45,124 at the end of September as against Rs 39,725 in the year-ago period, and Rs 43,298 in the quarter-ago period, the report said

'Microfinance loan portfolio stands at Rs 3.76 trn at end of Q2FY24'

NBFC-MFIs totalling 91 are the largest provider of microfinance, followed by banks, small finance banks and non-banking financial institutions

FinMin gave Rs 10,000 crore advance for MGNREGS from contingency fund: Govt

According to a written reply by the minister to another question, pending liability for MGNREGS wages to states is around Rs 2,020.59 cr, and the liability for material components is Rs 4,939.58 cr

Finer acknowledged India's establishment of committee of enquiry: US

Finer visit to New Delhi came days after American prosecutors linked an Indian official to a man charged with conspiring to assassinate Sikh separatist Gurpatwant Singh Pannun

Kirloskar Group's NBFC aims to add Rs 800 crore to AUM by March 2024

Its AUM currently stands at Rs 4,200 crore and the NBFC is aiming to close FY24 with an AUM of Rs 5,000 crore, the statement said

'Increasing demand for SUVs major road safety, environmental challenge'

According to Ward, the risk of fatal injuries to vulnerable road users increases as the bonnet height of the vehicle hitting them increases

Hiranandani's Yotta Data to install over 20,400 NVIDIA GPUs by June 2024

"With complete support from NVIDIA and a shared vision to develop India's sovereign AI landscape, Yotta also plans to massively scale up its GPU stable to 32,768 by the end of 2025," statement said

Mineral output rises 11.5% in Sept: Data of Indian Bureau of Mines

The minerals that showed positive growth during September this year include manganese ore, gold, iron ore, coal and limestone

FedEx Express sets up tech hub in Hyderabad, invests $100 mn in facility

In addition to boosting employment opportunities, it will also contribute to the development of new capabilities and meeting the technological requirements of FedEx operations worldwide, it said

5 MMT green hydrogen can help cut Rs 1 trn worth fossil fuel imports: Singh

Green hydrogen has the potential to replace fossil fuels including natural gas, either as a source of energy or as a feedstock, thereby contributing to reduction in dependence on import of fossil fuel

US-based Panattoni to invest Rs 110 cr for first warehousing park in India

"Panattoni views India as a critical node for its global business and plans to rapidly expand in the country in the coming years," Chanda said

455,900 jobs have been created so far under PMMSY: Govt informs Parliament

Rupala, in a written reply to the Lok Sabha, said the PMMSY aims to generate 55 lakh direct and indirect employment opportunities between 2020-21 and 2024-25