Tag: syndication
Domestic Demand To Sustain India Growth In The Near Term, Says Moody’s
NEW DELHI: Strong domestic demand is likely to sustain India’s economy in the near term, said Moody’s on Thursday as it kept the country’s growth forecast for 2023 and 2024 unchanged at 6.7 and 6.1 per cent. “Robust goods and services tax collections, sur...
Global VC Investments Drop 5.4% As VCs Remain Cautious: KPMG Report
MUMBAI: Global venture capital (VC) investments dipped 5.4 per cent on a quarter-on-quarter (Q-o-Q) basis from $81.4 billion in the second quarter of calendar year 2023 (Q2CY23) to $77 billion in the third quarter of calendar year 2023 (Q3CY23) as VCs rem...
Public Sector Banks Assure Government Small Loans Not A Systemic Risk
Amid mounting concerns over delinquencies, public sector lenders have assured the finance ministry that they do not see any systemic risks emanating from small unsecured loans as their overall exposure remains small. The finance ministry had asked state-r...
CBI inquiry ordered against Mahua, claims Dubey
The Lokpal has ordered a CBI probe into the “cash for query” row involving Trinamool MP Mahua Moitra, said BJP lawmaker from Jharkhand, Nishikant Dubey. Dubey on Saturday said that he has filed a complaint with the Lokpal—a body to probe corruption cases...
Gujarat HC rejects Kejriwal’s plea on Modi’s degree
The Gujarat High Court on Thursday rejected Delhi Chief Minister Arvind Kejriwal’s petition seeking review of its earlier order setting aside the Central Information Commission’s (CIC) directive to Gujarat University to provide information about Prime Min...
Ethics panel adopts report for Moitra’s expulsion
The Ethics Committee, which was hearing the “cash for query” matter involving Trinamool Congress MP Mahua Moitra, on Thursday adopted a report on the case after two hearings. BJP MP Nishikant Dubey has accused Moitra of taking a bribe from Hiranandani Gro...
BJP calls Nitish’s Manjhi attack ‘insult of Dalits’
Bihar Chief Minister Nitish Kumar, who is receiving vehement criticism over his remark on population control, on Thursday got himself into another trouble after he said Jitan Ram Manjhi “became the CM due to his stupidity”. In no time, the Bharatiya Janat...
Mayawati chooses wait & watch amid ‘BJP aide’ attack
Is the Bahujan Samaj Party the ‘B Team’ of the BJP? While BSP supremo Mayawati prefers to maintain a stoic silence over the allegations levelled against her, political analysts call it the party’s ‘wait and watch strategy’ in the run-up to the 2024 Lok Sa...
Nitish quota ‘googly’ forces BJP to back bill
Nitish Kumar has sprung a political surprise with his proposed new quota in Bihar, which seems to have hit two targets: changing the discourse over his derogatory statements while putting the BJP in a political fix. The proposed increase in quota from 50...
Survey Soon To Gather Data From Informal Sector Firms
NEW DELHI: India will soon begin work on the 2023-24 round of the Annual Survey on Unincorporated Sector Enterprises (ASUSE) even though the results of the previous surveys, dating back to four years, are yet to be released. The aim of ASUSE, along with t...
I-T raids at Telangana Cong leader’s premises
Ahead of the November 30 assembly polls, the Income Tax department officials on Thursday carried out searches at the residences and offices of Congress candidate P Srinivas Reddy here and in Khammam, sources said. Reddy is contesting from the Palair assem...
Govt Looking Into Dumping Issue Of Certain Steel Products: Steel Secretary
The government is looking into issues surrounding dumping of certain categories of steel products into the Indian market, Steel Secretary Nagendra Nath Sinha said on Tuesday. The statement comes amid the industry raising concerns over the rise in steel im...
National Coal Index Climbs For First Time Since April Amid Global Price Shifts
NEW DELHI: The National Coal Index (NCI) has registered an increase of 3.83 points to 143.91 for the month of September 2023, the coal ministry said in a statement on Tuesday. This marks the first rise in the index since April 2023, with a notable influen...
CPSE Dividends To Centre To Exceed Budget Estimate By Rs 20,000-Crore In FY24
NEW DELHI: The Centre’s dividend receipts from the Central Public Sector Enterprises (CPSEs) will likely exceed the budget estimate (BE) of Rs 43,000 crore for 2023-24 by close to Rs 20,000 crore, bridging partly the likely shortfall in disinvestment rece...
HPCL Lays Out Rs 75,000-Crore Capex Plan For Five Years
NEW DELHI: State-owned Hindustan Petroleum Corporation Ltd (HPCL) plans to spend Rs 75,000 crore in expansion and diversification in the next five years with an annual expenditure of around Rs 14,000-15,000 crore, the company said on Tuesday. “Around 25-3...