The Reserve Bank of India (RBI) will pay a record dividend of Rs 2.1 lakh crore to the government for the fiscal year ended March 31, surpassing budgeted expectations and providing a significant boost to revenue as a new government prepares to take office. At its meeting on Wednesday, the RBI board approved the transfer…
India is fervently striving to emerge as the foremost and most sustainable global producer of critical minerals, as articulated by Priya Agarwal Hebbar, Chairperson of Hindustan Zinc, a Vedanta Group entity. Critical minerals, encompassing cobalt, copper, lithium, nickel, and rare earths, assume a pivotal role in the fabrication of eco-friendly technologies, ranging from wind turbines…
The Food Safety and Standards Authority of India (FSSAI) has alerted the operators of the ripening chambers to prohibit the use of Calcium Carbide for artificially ripening the fruits. It has alerted all the fruit traders, handlers, and Food Business Operators (FBOs) to comply with the prohibition strictly, particularly during the mango season. FSSAI has…
NTIPRIT, Ghaziabad, conducted a one-day workshop on “Global Standards & IPR” on May 17, 2024, focusing on bridging the standardization gap and building the capacity of faculty members from engineering colleges in Delhi and NCR. This workshop served as a precursor to the World Telecommunication Standardization Assembly (WTSA-24), which India will host from October 15-24,…
India is set to become a USD 4 trillion economy in the fiscal year 2024-25, surpassing Japan to become the world’s fourth-largest economy, according to Economic Advisory Council to the Prime Minister (EAC-PM) member Sanjeev Sanyal. During an event in New Delhi, Sanyal emphasized that achieving a 7 percent economic growth rate would be significant…
For the first time, India set up its own pavilion at the World Hydrogen Summit 2024 in Rotterdam, Netherlands, from May 13-15. The pavilion, inaugurated by Shri Bhupinder S. Bhalla, Secretary of the Ministry of New & Renewable Energy, highlights India’s progress in green hydrogen. The Summit, a key event in the global green hydrogen…
Public sector banks’ cumulative profit crossed Rs 1.4 lakh crore in the financial year ending March 2024, marking a 35% growth from the previous year’s Rs 1.04 lakh crore. State Bank of India (SBI) led with a profit of Rs 61,077 crore, up 22% from the previous year. Punjab National Bank (PNB) recorded the highest…
Lord Parshuram Janmotsav was recently commemorated by the Brahmin Samaj of Raj Nagar Extension, Ghaziabad with utmost devotion. The programme marked the annual celebration of the birth anniversary of Lord Parshuram. Lord Parshuram is known as the sixth avatar of Lord Vishnu. The celebration was held at the KDP Grand Savanna Community Hall in Rajnagar…
State Bank of India (SBI) has announced an impressive 18 percent growth in its consolidated net profit, reaching Rs 21,384.15 crore. This significant increase was primarily fueled by non-interest income. On a standalone basis, the state-owned lender saw its profit surge to Rs 20,698.35 crore from Rs 16,694.51 crore in the previous year. For the…
The Department of Telecommunications (DoT), in collaboration with the Ministry of Home Affairs (MHA) and State Police, has initiated a joint effort to combat cybercrime and financial fraud. This collaborative initiative aims to dismantle fraud networks and safeguard citizens from digital threats. An analysis by the MHA and State Police revealed that 28,200 mobile handsets…
