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IEPFA signs pact with DBS Bank to protect investors

Feb 20, 2024

New Delhi, Feb 19 (IANS) A Memorandum of Understanding (MoU) was signed between the Investor Education and Protection Fund Authority (IEPFA) under the aegis of the Ministry of Corporate Affairs (MCA), and DBS Bank here on Monday to spread safety messages among investors. The Ministry of Corporate Affairs said that as per the MoU, DBS Bank aims to…

Govt’s coal mines auction gets huge response as 40 offline bids come in

Feb 20, 2024

New Delhi, Feb 19 (AINS) The Ministry of Coal on Monday said that it has received an overwhelming response for the coal mines offered under the 9th round of commercial auctions with as many 40 bids coming in offline form. “The online bids…

Business

Agro experts see Neem as a forestry plantation option for India

Feb 20, 2024

New Delhi, Feb 19 (IANS) The two-day Neem Summit & Global Neem Trade Fair that started here on Monday has identified neem as a plantation forestry option which would sustain the raw material requirements of industry. Experts are of…

Business

Sonowal to throw open inland waterway projects worth Rs 254 crore in North-East

Feb 19, 2024

New Delhi, Feb 19 (IANS) In a significant push towards revitalising the Inland Water Transport (IWT) sector and bolstering connectivity in the North Eastern Region, Minister of Ports, Shipping, and Waterways Sarbananda Sonowal will…

Business

Ram Mandir spurs demand for 8,500-12,500 branded hotel rooms in Ayodhya: Study

Feb 19, 2024

New Delhi, Feb 19 (IANS) A leading hotel management consultancy has projected that Ayodhya, which is expected to receive 10.61 crore tourists annually by 2031 due to the Ram Mandir boost, will "require an inventory of 8,500-12,500 branded…

Business

Centre hikes financial package for rubber sector by 23% to Rs 708 crore

Feb 19, 2024

New Delhi, Feb 19 (IANS) The financial assistance for the Rubber sector under the ‘Sustainable & Inclusive Development of Natural Rubber Sector’ scheme has been increased by 23 per cent from Rs 576.41 crore to Rs 708.69 crore for the…

Business

US grants $1.5 bn to GlobalFoundries to boost domestic chip production, create jobs

Feb 19, 2024

Washington, Feb 19 (IANS) In a bid to push chip manufacturing, US Vice President Kamala Harris on Monday announced to grant $1.5 billion to semiconductor company GlobalFoundries to expand domestic production, strengthen US supply chains,…

Business

ONGC urged to use AI, data analytics in oil exploration drive

Feb 19, 2024

New Delhi, Feb 19 (IANS) Minister for Petroleum & Natural Gas Hardeep Singh Puri on Monday urged upstream oil giant ONGC to spearhead the country’s oil exploration efforts with the adoption of cutting-edge technologies like AI and Data…

Business

Power Grid to invest Rs 655.75 crore in two projects

Feb 19, 2024

Chennai, Feb 19 (IANS) Power Grid Corporation of India Ltd will be investing Rs 655.75 crore in two projects.In a regulatory filing, the company said its Board of Directors and Committee of Directors on Investment on Projects have accorded…

Business

India headed to be $35 trillion economy by 2047: Piyush Goyal

Feb 19, 2024

New Delhi, Feb 19 (IANS) Minister of Commerce & Industry Piyush Goyal on Monday said that the government’s ambition is to expand the current $3.7 trillion Indian economy to a $30-35 trillion fully developed economy by 2047 and to ensure…

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