Civil Aviation Ministry notifies op guidelines for drone PLI scheme
New Delhi: The Civil Aviation Ministry Friday notified the operational guidelines for the Production Linked Incentive (PLI) scheme for drones and drone components.
Finance
MOIL's Nov manganese output grows 60 pc
New Delhi/IBNS: With a production of 1.2 lakh tones of Manganese ore in November 2022, state-owned miner MOIL has registered a significant growth of 60 percent over the previous month, the Ministry of Steel said Friday.
NPCI extends 30 pc UPI volume cap deadline for payment firms by 1 yr
New Delhi/IBNS: The National Payments Corporation of India (NPCI) has extended the deadline for Unified Payments Interface (UPI) players to comply with a market cap of 30 percent by two years to December 31, 2024.
Coal prodn increases 17.3 pc to 524.20 MT in Apr-Nov period
New Delhi/IBNS: India’s coal production increased impressively by 17.13 percent to 524.20 Million Ton (MT) during April –November 2022 as compared to 447.54 MT production during the same period of the previous year, the Ministry of Coal said Friday.
SLCM wins prestigious FICCI - 2nd Sustainable Agriculture Awards 2022
Kolkata: Sohan Lal Commodity Management (SLCM), India’s leading comprehensive service provider in the global post-harvest space for agricultural commodities has received the prestigious “Sustainable Agriculture Awards” 2022 from FICCI, India’s oldest and largest industry association catering to diverse business domains.
Railways revenue earnings up by 76 percent in passenger segment
New Delhi: The total approximate earnings of Indian Railways on originating basis during April to November 2022 is Rs. 43324 Crore, registering an increase of 76 per cent in comparison to Rs. 24631 Crore achieved during the same period last year.
ASSOCHAM urges RBI to begin halt in rate hikes
New Delhi: Ahead of the bi-monthly meeting of the RBI’s Monetary Policy Committee (MPC), the ASSOCHAM has urged the MPC to moderate interest rate hikes.
Elon Musk suspends Kanye West's Twitter account for violating 'rule against incitement to violence'
Washington/UNI: Twitter owner and US billionaire Elon Musk said on Friday that he suspended the Twitter account of American rapper Ye, formerly known as Kanye West, due to another violation of rule against incitement to violence following his now-deleted tweet featuring a swastika.
Coal transport via sea route to begin for west coast states after success in eastern region
New Delhi/IBNS: Various Central ministries are working together to transport coal to power plants via sea route to prevent a fuel and power crisis similar to the summer of 2022, media reports said.
Britannia enters JV with France's Bel SA; eyes expansion, new markets in cheese segment: Reports
Mymbai: Bakery and dairy products maker Britannia Industries recently entered a joint venture with Bel SA of France to boost its cheese business and foray into some neighbouring markets, ET report.
JSL to set up stainless steel industrial park in Odisha
Bhubaneswar/IBNS: Odisha Chief Minister Naveen Patnaik and Jindal Stainless MD Abhyuday Jindal Thursday laid the foundation stone of a stainless steel industrial park through a virtual ceremony held in Bhubaneswar.
Skoda Auto India registers 102 pc jump in Nov. sales
Mumbai/IBNS: Skoda Auto India sold 4,433 units in November this year, resulting in a 102 percent year-on-year (YoY) jump in sales.
RBI begins digital rupee pilot in four cities
Mumbai/IBNS: Reserve Bank of India's (RBI) retail central bank digital currency (CBDC) pilot kicked off on Thursday (Dec. 1), a month after India's central bank launched the wholesale version for the same.
Essar Oil UK to build £360 million carbon capture facility at Stanlow refinery
Stanlow (UK): Essar Oil UK Limited Wednesday announced its plan to build a £360 million major new carbon capture plant at its Stanlow refinery in line with its ambition to become a leading low-carbon refinery by 2030, the company said.
SwiftChat collaborates with Google to launch speech-based reading tool
Mumbai/UNI: Conversational AI platform SwiftChat and Google Thursday launched Read Along, a speech-based reading tool, as a bot on their platform.
Tips & Advice on Understanding Loan Against Property
Loan against property is a type of secured loan wherein you pledge your residential or commercial property as collateral to a financial institution in exchange for a loan. It can help an individual take care of their financial needs and higher the value of the collateral, higher the amount that will be sanctioned. As long as the property is in your name, you can get a loan. In case the property to be offered as collateral is disputed, the chances for the application being rejected is high.
Elon Musk says Twitter beginning to block fake, spam accounts
Washington/UNI: Twitter owner and US billionaire entrepreneur Elon Musk said that the social media platform has begun blocking fake and spam accounts, which may result in decreasing the number of followers for Twitter users.
Indian expats to remit a record $100 billion in 2022: Report
Remittances by migrant workers from India are likely to hit a record $100 billion this year.
India's core sector growth slows to just 0.1 pc in Oct
New Delhi: India’s core sector recorded a growth of a meager 0.1 percent in October compared to an 8.7 percent growth in the same month in the previous fiscal.
A leader overcomes biases to create effective team, says IIM Indore director Himanshu Rai at leadership workshop
Kolkata/IBNS: A true leader in an organisation overcomes biases to create a team that is effective and eventually run things successfully, said Prof. Himanshu Rai, Director IIM Indore, at a leadership workshop here.
Fiscal deficit stands at 4.7 pc of GDP in first half of FY23
New Delhi: The Centre’s fiscal deficit stood at 4.7 percent of GDP in the first six months of FY23.
Toyota Kirloskar Vice-Chairman Vikram Kirloskar dies of cardiac arrest
Bengaluru/IBNS: Eminent businessman and vice-chairman of Toyota Kirloskar passed away after suffering a cardiac arrest late Tuesday. He was 64.
India-Australia FTA to be effective from Dec 29
New Delhi: India and Australia free trade agreement will come into force from December 29, commerce and industry minister Piyush Goyal tweeted on Wednesday.
India's GDP grows 6.3 pc in 2nd qtr in line with RBI's projection.
New Delhi/IBNS: India’s Gross Domestic Product (GDP) grew at 6.3 percent in the Q2FY23 year-on-year, according to data released by the government on Wednesday.
SBM Bank India has announced a strategic partnership with Asia’s first end-to-end Embedded Finance platform, "Zwitch"
Kolkata: SBM Bank India and Open Financial Technologies Pvt Ltd today announced a strategic partnership for launching Asia’s first end-to-end Embedded Finance platform- Zwitch- to offer a no-code, low-code and full-stack API solution that enables fintechs to build their own financial products using Zwitch’s technology stack, comprising of a drag-drop dashboard, low code plugins along with 300+ APIs. Non-fintechs like SaaS platforms, health-techs etc. can also use this platform to embed financial features into their product or service.
Why One Should Prefer a Personal Loan from Fullerton India?
Lending institutions provide personal loans to help meet immediate financial requirements by lending them money upfront. Personal loans can be applied online in just a few steps with many online lending platforms. One of the reputed lenders is Fullerton India. You can avail of loans conveniently at attractive interest rates. What are the features of Fullerton India loans and who is eligible to apply for them? Let us discuss them in this article.
10 million additional jobs can be created in electronics and BPO sector in two years' time: Ashwani Vaishnaw
New Delhi: Minister for Communications, Electronics & Information Technology and Railways, Shri Ashwini Vaishnaw has said that 10 million additional jobs can be created in the electronics and Business Processing (BPO) sector in the coming two years, given the strides the start-up sector is making in the country.
Indian Market: Sensex ends at new peak at 63,099.65 pts
Mumbai: The BSE Sensex on Wednesday registered a fresh record high, breaching 63K level at 63,099.65, advancing 417.81 points on strong Asian Market.
How Long Will It Take for Me to Receive My Personal Loan?
Nowadays, a Personal Loan is in huge demand as there is no end-use restriction on its usage. Right from renovating a home and planning a wedding to higher education and medical emergencies, a Personal Loan can be used to meet all your financial requirements. A lot of lenders offer easy and affordable Personal Loan solutions to customers. However, there remains confusion when it comes to approval and disbursement timeline.
Paytm offers cashback on booking LPG cylinders
Indian digital payments firm Paytm has started offering cashback on booking of LPG cylinders on its app across Bharatgas, Indane and HP Gas.