The Bombay High Court has ordered the release of former ICICI Bank MD and CEO Chanda Kochhar and husband-businessman Deepak Kochhar, who were placed under judicial custody after CBI arrested…
Category: Economy
‘Don’t study on Sundays…’: FM Sitharaman to young students in Kota
Finance minister Nirmala Sitharaman advised young students to concentrate on their current activities and take off on Sundays. “More jobs will be created, the concern is right, but it shouldn’t…
Growth in real GDP during FY23 estimated at 7%
The Central government released its first advance estimates of GDP to serve as essential inputs to the Budget exercise. According to the first advance estimates by the National statistical Office…
RBI to issue green bonds worth Rs 16,000 cr in two tranches in Jan, Feb
The Reserve Bank of India (RBI) has said that sovereign green bonds (SGrBs) worth Rs 16,000 crore will be auctioned in two tranches in January and February. The central bank…
India’s GDP likely to grow 7% in FY23: First advance estimates
Indian economy is likely to grow at 7 per cent in the fiscal year ending March 31, 2023, the statistics office said on Friday. The first advance estimates of national…
US proposes increasing visa application fee; here’s how much applying for H-1B will cost now
The Biden administration has proposed a significant hike in immigration fees, including the H-1B visas. H-1B visas are much sought-after and are very popular among Indian techies. This visa allows…
Cabinet approves National Green Hydrogen Mission with outlay of Rs 19,744 cr
The Union Cabinet, headed by Prime Minister Narendra Modi, on Wednesday approved an initial outlay of Rs 19,744 crore for the National Green Hydrogen Mission in a bid to cut…
Govt eases Minimum Public shareholding norms for PSUs
The Centre has amended the securities contracts(Regulation) Act for Strategic disinvestment to exempt listed companies like it in which the government and public sector undertakings (PSUs) together or individually hold…
UPI grows in strength, touches Rs 12.82 lakh cr in Dec 2022; here’s how much it will grow in 2023
The Centre has been pushing paperless payments since a long time when the government first introduced demonetisation in 2016. Today, though it is a known fact that cash is still…
Services PMI rises to 58.5 in December; more jobs created, companies upbeat
India’s services PMI increased to 58.5 in December, compared to November’s 56.4, according to S&P Global PMI data. The report stated that the health of the Indian service sector improved…