Chennai/Varanasi: Indian Overseas Bank has launched an online facility for donations to Shree Kashi Vishwanath Mandir Trust. This initiative marks as a significant milestone for the bank towards embracing technology to preserve and enhance the sanctity of the cultural heritage site. On the sidelines of the online facility launch, the bank has opened its first saving bank account for the Shree Kashi Vishwanath Mandir Trust at Varanasi Cantonment to facilitate donations to the temple. Devo
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New Delhi: AAI’s tireless efforts to expand International Connectivity across its airport network, are evident as the industry is witnessing consistent growth in international passenger traffic and aircraft movements.
New Delhi: Secretary of the Ministry of Petroleum and Natural Gas met Petrobras CEO Mr. Jean Paul Terra Prates on the sidelines of G20 ETWG II in Brazil. The sides discussed ways to strengthen India-Brazil cooperation in the energy sector including through strengthening bilateral trade in hydrocarbons, joint investment projects and low-carbon pathways like biofuels.
NTPC Khargone pioneers India's First Ultra-Supercritical Thermal Power Plant, setting new standards for Efficiency and Sustainability. By operating at temperatures and pressures beyond water's critical point, this landmark facility drastically reduces coal consumption per megawatt-hour, cutting down emissions, boosting efficiency, and driving down fuel costs.
New Delhi: To boost transparency, RBI has mandated all banks and finance companies to provide borrowers a key facts statement that includes data on all fees and the annual cost of credit from Oct 1 besides basic loan information. The statement should also provide details on the policy on recovery agents, contact details for grievances, and the likelihood of the loan being sold to others.
New Delhi: A state-of-the-art Submersible Platform for Acoustic Characterisation and Evaluation (SPACE) was inaugurated by Secretary, Department of Defence (R&D) and Chairman DRDO Dr Samir V Kamat at Underwater Acoustic Research Facility, Kulamavu in Idukki, Kerala on April 17, 2024. The SPACE, set up by the Naval Physical & Oceanographic Laboratory of DRDO, has been designed as a premier testing and evaluation hub for sonar systems destined for Indian Navy onboard various platforms i
Abu Dhabi: Indian Renewable Energy Development Agency Ltd. (IREDA) has inaugurated an office in GIFT City, Gandhinagar, specializing in the provision of Foreign Currency-denominated debt options which will significantly reduce the financing costs associated with Green Hydrogen and Renewable Energy Manufacturing projects, facilitating natural hedging, and thereby accelerating the country's journey towards a greener future. The strategic initiative was highlighted by Shri Pradip Kumar Das,
New Delhi: The fintech firm BharatPe officially has announced Nalin Negi as its chief executive officer. The respective move comes 15 months after Negi took charge as the company's interim CEO and chief financial officer, during a period of significant upheaval and transition. Under his leadership, BharatPe has recorded a remarkable 182% increase in revenue from operations in the financial year 2023. Moreover, the company achieved its first Ebitda-positive month in October, showc
New Delhi: According to the rankings released by the Airports Council International (ACI) World recently for the busiest airports worldwide in 2023, Delhi's Indira Gandhi International (IGI) Airport has secured the tenth position, handling 7.22 crore passengers annually. This holistic embark marks a significant progression from its 2019 ranking of 17th place, despite the challenges posed by the COVID-19 pandemic. IGI Airport has eventually reached rank, from 17th in 2019 to 10th
The Central Board of Direct Taxes (CBDT) has entered into a record 125 Advance Pricing Agreements (APAs) in FY 2023-24 with Indian taxpayers. This includes 86 Unilateral APAs (UAPAs) and 39 Bilateral APAs (BAPAs). This marks the highest-ever APA signings in any financial year since the launch of the APA programme. The number of APAs signed in FY 2023-24 also represents a 31% increase compared to the 95 APAs signed during the preceding financial year. With this, the total number of APAs
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