Page 3706 - Press Trust Of India

Share of loans bearing over 9% interest rate hits 56.1% in March: RBI

The RBI further said all population groups recorded substantially higher credit year-on-year growth in 2022-23

Govt extends relaxations for central ministries on capital expenditure

In order to push capital expenditure by central ministries, the Finance Ministry on Friday extended the relaxed norms on capex in excess of Rs 500 crore to the second quarter of this fiscal

Last date for exporters to apply for amnesty scheme extended till Dec 31

The last date to apply for availing benefits of the amnesty scheme for one-time settlement of default in export obligation by certain exporters has been extended for six months

I-T dept finds discrepancies in SFT reports filed by certain banks

The Income Tax Department on Friday said it has found discrepancies in Statement of Specified Financial Transaction (SFT) reports filed by some banks with regard to high value financial transactions

Colgate-Palmolive focusing on premiumisation as part of growth strategy

Rising incomes, rising aspiration and the democratisation of availability through e-commerce have led to rapid growth in these categories, CPIL added

Amit Shah approves release of Rs 6,194 cr disaster relief fund to 19 states

Union Home Minister Amit Shah on Friday approved the release of Rs 6,194.40 crore to 19 states under the State Disaster Response Fund (SDRF).

Govt to develop National Maritime Heritage Complex in Guj for Rs 4,500 cr

A National Maritime Heritage Complex (NMHC) will be developed in Gujarat at a cost of Rs 4,500 crore under the government's Sagarmala programme, an official statement said Friday.

Centre re-appoints Tushar Mehta as Solicitor General for three years

Senior advocate Tushar Mehta was re-appointed as the Solicitor General of India on Friday for a term of three years

Punjab National Bank raises Rs 3,090 cr from bonds to fund business growth

These bonds would carry a coupon rate of 7.74 per cent per annum, PNB said in a regulatory filing

Hero MotoCorp to hike two-wheeler prices by around 1.5% from next month

Hero MotoCorp further said it will continue with innovative financing programmes to minimise the impact on the customers

HDFC Ergo becomes subsidiary of HDFC Ltd, sells 36,42,290 equity shares

This is part of the reverse merger exercise of HDFC Ltd with its banking subsidiary HDFC Bank likely from July 1

CRS report on Odisha train accident won't be made public: Railways

Usually such reports are accessible to top officials, mainly to follow through on course corrections recommended by the CRS

NALSA has important role to play in ensuring equality to all: Law minister

Meghwal recalled the contribution made by past judges of the apex court in terms of legal aid services to the common citizens

Drone maker ideaforge Technology IPO subscribed whopping 106 times

Founded in 2007, the Mumbai-based company has the largest operational deployment of indigenous Unmanned Aerial Vehicles (UAVs) across India

Sri Lanka's parl committee approves debt restructuring plan with amendments

The committee approved the resolution by a majority subject to certain amendments made at the committee meeting held, the release said

Normal monsoon likely July, temp expected to be above usual, says IMD

The phenomenon of warming of the equatorial Pacific Ocean, called the El Nino conditions, are expected to develop in July. El Nino is known to suppress monsoon rainfall

Defence ministry inks Rs 2,725 cr contract with MDL for refit of submarine

"This project is an important step towards development of MDL as Maintenance, Repair and Overhaul (MRO) Hub for supporting the industrial ecosystem of India," the ministry said

Cyient DLM IPO subscribed 67.30 times on last day of subscription

The IPO had a fresh issue aggregating up to Rs 592 crore. There was no offer-for-sale (OFS) component

Hospitality firm PKH Ventures IPO subscribed 6% on day 1 of offer

The category for Retail Individual Investors (RIIs) received 13 per cent subscription while the portion for non institutional investors got subscribed 10 per cent

Putin, PM Modi agree to further boost ties, discuss Ukraine war over phone

India has not yet condemned the Russian invasion of Ukraine and it has been maintaining that the crisis must be resolved through diplomacy and dialogue