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RBI to inject Rs 2.5 lakh crore to enhance liquidity in banking system

Feb 12, 2025

Mumbai, Feb 12 (IANS) The Reserve Bank of India (RBI) was all set to inject Rs 2,50,000 crore through its Variable Rate Repo (VRR) auction on Wednesday to enhance liquidity in the banking system.The Central Bank has stated that the amount has been decided based on an assessment of the liquidity conditions.The Reserve Bank also said it will be…

India-Israel partnership built on shared values of democracy, economic resilience: Minister

Feb 12, 2025

New Delhi, Feb 12 (IANS) Reaffirming India’s commitment to becoming a $30-35 trillion economy by 2047, Union Minister of Commerce and Industry, Piyush Goyal, has emphasised the growing India-Israel partnership, built on shared values of…

Business

Household borrowing falls further in January amid regulations in South Korea

Feb 12, 2025

Seoul, Feb 12 (IANS) Household loans extended by South Korean banks fell for the second consecutive month in January on tightening loan regulations and a slowing real estate market, data showed on Wednesday.Banks' outstanding household…

Business

Electric energy conference kicks off in Seoul to showcase advanced tech

Feb 12, 2025

Seoul, Feb 12 (IANS) A conference on electric energy kicked off in Seoul on Wednesday to showcase cutting-edge electric power technologies of local and foreign companies, the industry ministry said.Elecs Korea 2025, hosted by the Ministry…

Business

Indian stock market opens lower amid concerns over Trump’s tariff threats

Feb 12, 2025

Mumbai, Feb 12 (IANS) The Indian benchmark indices opened lower on Wednesday amid ongoing concerns over the US President Donald Trump's tariff threats.The Nifty 50 and Sensex opened 0.1 per cent lower. The Nifty started at 23,050 and Sensex…

Business

India’s net direct tax collection surges 15 pc to cross Rs 17.78 lakh crore in 2024-25

Feb 11, 2025

New Delhi, Feb 11 (IANS) India’s net direct tax collection, comprising mainly corporate tax and personal income tax, jumped by 14.69 per cent to cross the Rs 17.78 lakh crore mark as of February 10 in the current financial year compared to…

Business

SEBI bans LS Industries, promoters for stock manipulation

Feb 11, 2025

Mumbai, Feb 11 (IANS) The Securities and Exchange Board of India (SEBI) on Tuesday took strict action against LS Industries Limited, its promoter Profound Finance, and four other entities, barring them from the securities market for…

Business

14th Asian Fisheries and Aquaculture Forum to kick start in Delhi tomorrow

Feb 11, 2025

New Delhi, Feb 11 (IANS) The 14th Asian Fisheries and Aquaculture Forum, with the theme “Greening the Blue Growth in Asia-Pacific,” is being organised in Delhi from Wednesday (February 12) and will host around 1,000 delegates from 24…

Business

India ready to share its experience, expertise with world to ensure AI future for all: PM Modi

Feb 11, 2025

Paris, Feb 11 (IANS) India is developing AI applications for the public good and has one of the world’s largest AI talent pools, Prime Minister Narendra Modi said here on Tuesday, adding that the country is ready to share its experience and…

Business

Stock market crashes over 1 pc as investors jittery over US tariff moves

Feb 11, 2025

Mumbai, Feb 11 (IANS) The Indian stock market on Tuesday continued its downward trend with both Sensex and Nifty ending the day in the red, as investors reacted negatively to the latest tariff measures by US President Donald Trump.At the…