RBI opens NDS-OM platform to boost retail participation in G-Sec market
The RBI move is intended to expand retail participation in the government bond market.
The RBI move is intended to expand retail participation in the government bond market.
With the fifth-largest geological coal reserves globally and as the second-largest consumer, coal continues to be an indispensable energy source, contributing to 55 per cent of the national energy mix.
Aiming to put more money in the hands of the middle class and simplify the whole filing process, the new Income Tax Bill is set to be tabled in the Parliament next week after receiving approval from the Union Cabinet.
These measures collectively aim to strengthen economic growth while maintaining fiscal discipline. On the markets front, Nifty 50 is up 1 per cent, Nifty Midcap is up 0.9 per cent and Smallcap index is up 0.7 per cent.
India is on the path to achieve $800 billion in exports in the 2024-25 fiscal for the first time, according to the government, signalling a robust economy and continued growth across sectors.
Indian fertiliser companies Coromandel International, Chambal Fertilizers, and Indian Potash signed a Memorandum of Understanding with Canada-based Canpotex with an aim of ensuring long-term fertiliser availability for the farming community.
Birla Estates Pvt. Limited, a 100 per cent wholly owned subsidiary and the real estate arm of Century Textiles and Industries Limited (CTIL), announced its acquisition of a 10-acre land parcel at Raja Rajeshwari Nagar, South Bengaluru. The project has a development potential of 1 Mn sq. ft. with a revenue potential of Rs 900 Crores.
Credit card bill payment platform Cred, led by Kunal Shah with a market valuation of $6.4 billion, reached the top position on LinkedIn's 'Top Startups' list, from the third spot in 2021, the professional networking platform said on Wednesday.
The Uttar Pradesh government has decided to upgrade the security system in the banking sector. Principal secretary, home, Sanjay Prasad said, surveillance systems and data storage would be made more effective to strengthen the security system of banks.
The Asian Development Bank (ADB) has announced it plans to provide at least USD 14 billion over 2022-2025 as support to ease a "worsening food crisis" in Asia and the Pacific.
