Tag: syndication
India Set To Kick Off Three Mega Defence Projects Worth Rs 1.4 Lakh Crore
NEW DELHI: India is now set to give preliminary approval to three mega indigenous projects to manufacture another aircraft carrier, 97 more Tejas fighters and 156 Prachand light combat helicopters, which together will be worth around Rs 1.4 lakh crore. Th...
Access to MPs’ parliament login blocked for aides
Amid major row over property tycoon Niranjan Hiranandani’s son Darshan “uploading question for Mahua Moitra to raise in Parliament”, the Lok Sabha has reportedly blocked access of MPs’ aides to the Digital Sansad portal and apps. This won’t let others, ex...
ICD reports AED 28.3 billion half-year net profit
Arabian Post Staff Investment Corporation of Dubai (ICD) announced record revenues of AED 145.1 billion and net profit of AED 28.3 billion in its consolidated financial results for the six-month period ended 30 June 2023. Revenues reached a record AED 145...
M&A Activity Falls To $14.58 Billion In 2023, Lowest In 12 Years
MUMBAI: Hit by a dearth of big-ticket deals, India’s merger and acquisition (M&A) activities fell 6.24 times to $14.58 billion in calendar year 2023 (YTD), its lowest in the past 12 years. While geopolitical developments have played their part, the de...
Fadnavis says efforts on to give quota to Marathas
Maharashtra Deputy Chief Minister Devendra Fadnavis on Thursday said the government is positive towards addressing demands raised by Marathas and efforts are underway to give reservation to the community. A delegation of the Maratha community met Fadnavis...
India-Asean Trade Pact Review: India Pitches For Tighter Rules Of Origin
NEW DELHI: The review of Asean-India Trade in Goods Agreement (AITGA) will start with discussions on making the Rules of Origin (ROO) more comprehensive and detailed, as New Delhi is keen to remove the scope for exporters from third countries to exploit t...
NBFCs Likely To See Assets Growth Moderating To 16-18% In FY24: CRISIL
NEW DELHI: The growth in the country’s NBFC sector is expected to be moderately lower than 16-18 per cent in the current fiscal because of relatively slower expansion on unsecured retail loans due to the recent regulatory measures issued by the RBI, CRISI...
Banks Seek ITR Access Via NSDL To Vet Borrower Info
NEW DELHI: Lenders have asked the government for access to income tax returns through National Securities Depository (NSDL) to help validate declarations made during loan applications, people familiar with the development told ET. Banks speak of multiple...
New Coal-Fired Power Plants May See Easier Lending Norms
NEW DELHI: The government is looking at easing lending norms for new coal-fired power stations as it doubles down on the most-polluting fuel to meet a sharp uptick in electricity demand, amid reports that France and the US are preparing to propose a ban o...
New Protocols Soon To Boost Shipments Of Fruits, Vegetables Via Sea
NEW DELHI: Despite the ban on wheat and restrictions on rice exports, India’s overall food exports are still going strong on the back of strong pick-up in shipments of fruits and vegetables. The government is developing protocols for transport of these pr...
14-Nation Agreement On Supply Chain Resilience Opens Doors For India
The Indo-Pacific Economic Framework’s (IPEF) Supply Chain Resilience Agreement (Pillar 2) is probably the fastest-concluded plurilateral economic cooperation agreement, which Commerce Minister Piyush Goyal signed on November 14. India along with 13 other...
FDI Equity Inflows Contracted 24% In First Half Of FY24, Shows Data
NEW DELHI: Foreign direct equity investments into India fell by 24 per cent to $20.5 billion during the first six months of the financial year 2023-24 in comparison to a year earlier, according to data released by the industry department on Tuesday. While...
BJP complains to EC against misleading Cong ads
The BJP on Tuesday accused the Congress of putting out advertisements in the form a news or opinion piece about a wave in its support in the Rajasthan assembly polls and demanded action from the Election Commission against the state’s ruling party. A BJP...
Akhilesh claims SP will play big role post-2024 polls
Samajwadi Party national president Akhilesh Yadav on Tuesday said that after 2024 Lok Sabha polls there will be a “big change” in the country and ‘samajwadis’ will play an important role in it. “After 2024, there will be a different kind of change in the...
More trouble ahead for Mahua seen likely
e row As the Winter Session of Parliament inches closer, all eyes are on the future of Mahua Moitra. The ethics committee report recommending Moitra’s disqualification as MP and further investigation into allegations of compromising national security by s...