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India’s trade deficit may turn volatile due to Red Sea danger: Nomura

Jan 16, 2024

New Delhi, Jan 16 (IANS) India's trade deficit may turn volatile in the coming months given the supply-side disruptions in the Red Sea due to the attacks on commercial ships by Houthi rebels in retaliation to Israel’s action in Gaza, according to a report by Global Investment Bank, Nomura. The report said that India’s merchandise trade deficit…

Kerala attracted Rs 91,575 crore investment between 2018-23: Study

Jan 16, 2024

Thiruvananthapuram, Jan 16 (IANS) Kerala has successfully attracted over Rs 91,575 crore of new investment projects during 2018-19 to 2022-23, completed projects worth Rs 33,815 crores, and generated new job opportunities, direct and…

Business

Gujarat, Karnataka, Kerala, TN ranked best states for startups

Jan 16, 2024

New Delhi, Jan 16 (IANS) Gujarat, Karnataka, Kerala, and Tamil Nadu were ranked as the best performing states in India at the startups awards function held here on Tuesday.Addressing the startup awards and state ranking awards function,…

Business

Builder can’t take over 10% project cost from buyer as advance or application fee: RERA

Jan 16, 2024

Gurugram, Jan 16 (IANS) The Real Estate Regulatory Authority (RERA) said on Tuesday that no promoter should accept more than 10 per cent of the cost of a flat, plot or building as an advance payment or application fee.Following Section…

Business

Investors wonder if market euphoria is overdone: Experts

Jan 16, 2024

New Delhi, Jan 16 (IANS) Head of Research, Geojit Financial Services, Vinod Nair on Tuesday said that the investors are contemplating whether the current euphoria in markets is far-fetched, especially with elevated domestic valuations in…

Business

Delhi airport’s runway 29L CAT III operational from today: Scindia

Jan 16, 2024

New Delhi, Jan 16 (IANS) Union Minister of Civil Aviation, Jyotiraditya Scindia said that RWY (runway) 29L at the Delhi airport has been made CAT III operational from Tuesday. Addressing the issue of fog-induced disruptions, Scindia took to…

Business

Karnataka Bank & Clix Capital enter into a co-lending partnership through Yubi platform

Jan 16, 2024

New Delhi, Jan 16 (IANS) Karnataka Bank (KBL), a leading private sector bank and Clix Capital, one of India's fastest growing new-age NBFCs, have entered into a strategic digital co-lending partnership through YubiCo.Lend platform. This…

Business

REC issues green bonds worth record 61 billion Japanese Yen in global market

Jan 16, 2024

New Delhi, Jan 16 (IANS) Maharatna public sector company REC Limited has successfully issued green bonds worth 61.1 billion Japanese Yen which is the largest ever Yen-denominated issue from India, according to an official statement released…

Business

Wow! Momo raises Rs 410 cr in latest round led by Khazanah, OAKS

Jan 16, 2024

New Delhi, Jan 16 (IANS) Quick service restaurant (QSR) chain, Wow! Momo, said on Tuesday that it has raised Rs 410 crore (around $49 million) in its Series D round led by Khazanah Nasional Berhad, the sovereign wealth fund of Malaysia, and…

Business

Govt aiming for 50% reduction in road accidents by 2030: Gadkari

Jan 16, 2024

New Delhi, Jan 16 (IANS) Union Minister for Road Transport and Highways Nitin Gadkari on Tuesday said that road safety is the top-most priority of the Government with a target to reduce accident deaths by 50 per cent till 2030. Addressing…

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