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Economy
RBI’s dividend bonanza driven by robust gross dollar sales, higher forex gains
New Delhi: The record Rs 2.69 lakh crore dividend bonanza by the Reserve Bank of India (RBI) to the government is driven by robust gross dollar sales, higher foreign exchange gains, and steady increases in interest income, according to a…
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GST Council’s next meeting likely to discuss rate rationalisation, compensation cess
New Delhi: With a focus on simplifying the indirect tax regime and addressing anomalies in the existing Goods and Services Tax (GST) rate structure, the GST Council is likely to take up rate rationalisation and the future of compensation…
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Mixed sectoral performance for Indian stock markets this week
Mumbai: The Indian stock markets concluded the week on a subdued note, as investors grappled with global uncertainties and awaited key domestic developments.
The benchmark indices experienced volatility, with the Sensex and Nifty…
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16.33 lakh new workers enrolled for benefits under ESI scheme in March
New Delhi: The provisional payroll data of the Employees’ State Insurance Corporation (ESIC) shows that 16.33 lakh new employees have been added during March this year.
As many as 31,514 new establishments have been brought under the…
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RBI announces record Rs 2.69 lakh crore dividend bonanza for Modi govt
Mumbai: The Reserve Bank of India (RBI) on Friday approved its highest-ever dividend of a staggering Rs 2.69 lakh crore to the PM Narendra Modi-led Central government for the financial year 2024-25.
The dividend payout is a robust 27.4…
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India increasingly positioned to function as a ‘connector country’: RBI
New Delhi: In the midst of global trade realignments and industrial policy shifts, India is increasingly positioned to function as a "connector country" that can become a key intermediary in sectors such as technology, digital services,…
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Probing possible violations in IndusInd Bank case: SEBI Chairman
New Delhi: The Securities and Exchange Board of India (SEBI) is investigating possible violations in the IndusInd Bank case, following the bank's disclosure of suspected fraud and concerns over insider trading, SEBI Chairman Tuhin Kanta…
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Adani Electricity empowers its ‘Power Warriors’ with advanced mobile thermal imaging tools
Mumbai: As Mumbai’s energy demand grows rapidly, Adani Electricity has taken a major step toward enhancing power reliability by equipping its frontline teams — “Power Warriors” — with advanced mobile infrared (IR) imaging tools.
These…
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Govt rolls out SPICED scheme to boost spice exports
Kochi: The Spices Board has launched the 'Sustainability in Spice Sector through Progressive, Innovative and Collaborative Interventions for Export Development (SPICED)' scheme for the fiscal year 2025-26 under which financial assistance…
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Indian economy shows resilience despite weak global growth: RBI
New Delhi: The global growth continues to face headwinds with persistent trade frictions, heightened policy uncertainty, and weak consumer sentiment weighing on the outlook. Despite this, the Indian economy is exhibiting resilience even…
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