About four premises of the Hiranandani Group in and around Mumbai were searched by the ED last week under the provisions of the Foreign Exchange Management Act (FEMA).
On January 31, the RBI asked PPBL (Paytm Payments Bank Ltd) to stop further deposits, credit transactions, or top-ups in any customer accounts, prepaid instruments, wallets, FASTags, and National Common Mobility Cards, after February 29. Later, the central bank extended the deadline till March 15.
Army Chief General Manoj Pande cited the geopolitical events and stressed on the need for a “reliable supply from internal sources for ammunition in preparedness for a long-drawn conflict”.
The initiative has been conceptualised under Director on the boards of RIL and Reliance Foundation Anant Ambani, who is also spearheading Reliance’s renewable energy business in Jamnagar.
People were categorised into 20 different groups in the survey, which revealed the data that the average per capita monthly expenditure in the rural areas is Rs 3,773, and in the urban areas is Rs 6,459.
Bank Holidays: While physical branches may be closed, online banking services remain operational throughout the holidays. It's essential for individuals to plan their visits and transactions accordingly.
Tata Motors Passenger Vehicles Managing Director Shailesh Chandra noted that while commodity prices have been stable in the past quarter or so, there is a risk that prices of certain items may go up going forward.
In a note to employees on Saturday, Raveendran alleged that a lot of essential rules were "violated" at Friday's Extraordinary General Meeting (EGM).
The proposed projects are likely to create employment for 42,275 people.
Greek PM Kyriakos Mitsotakis said that he had a pleasure of visiting the control centre of the Delhi airport managed by GMR before flying to Mumbai and mentioned that it's no surprise that they already have Indian companies investing in Greece.
Raveendran and his family stayed away from the EGM, calling it "procedurally invalid." However, the outcome of the vote at the EGM will not be applicable until March 13, when the Karnataka High Court will next hear Raveendran's plea challenging the move by certain investors to call the EGM.
Last month, the RBI barred Paytm Payments Bank Ltd (PPBL) from further deposits or credit transactions or top ups in any customer accounts, prepaid instruments, wallets, FASTags, NCMC cards, etc., other than any interest, cashbacks, or refunds which may be credited anytime.
Indian stock markets are on a strong upward trajectory, with the Nifty hitting a record high of 22,297 points and the Sensex crossing 73,200 points. Various sectors, including auto, IT, banks, pharmaceuticals, and metals, are witnessing positive trends.
Anant and Radhika's wedding ceremonies began with their 'Lagan Lakhvanu' on February 16 in Gujarat's Jamnagar. It is an auspicious Gujarati ritual wherein written invitations are offered to Gods to seek their blessings.
Closing market update: The domestic market staged a recovery from the day's low, buoyed by positive PMI data from the Eurozone and an impressive earnings report from US tech stocks.
India has unveiled significant reforms in its space sector to attract foreign investment, allowing 100% FDI in satellite system manufacturing without approval and easing regulations for launch vehicles. These reforms are expected to stimulate economic growth, foster private sector participation.
Over the past decade, India's GDP has surged at a CAGR of 7%, reaching $3.6 trillion and climbing to the 5th position globally. With forecasts predicting GDP to surpass $5 trillion in four years, India is poised to overtake Japan and Germany to claim the third spot.
In an attempt to convince stakeholders, BYJU'S Founder and CEO Byju Raveendran wrote a letter to them, saying, "We have built this company together and I want us all to participate in this renewed mission."
State Bank of India (SBI) has climbed the ranks to become India's fifth most valuable firm, overtaking Infosys in market capitalisation. With its shares rising by 1.51 per cent and hitting a 52-week high during trading, SBI's market capitalisation reached Rs 6,88,578.43 crore.
Sugarcane is grown mainly in Maharashtra, Uttar Pradesh, and Karnataka. The FRP has been determined on the basis of recommendations of the Commission for Agricultural Costs and Prices (CACP) and after consultation with state governments and other stakeholders.
Top News
Latest News
