India's external debt rises to $663.8 bn; debt to GDP ratio falls: RBI
At end-March 2024, India's external debt was placed at $ 663.8 billion, an increase of $ 39.7 billion over its level at end-March 2023, according to RBI
At end-March 2024, India's external debt was placed at $ 663.8 billion, an increase of $ 39.7 billion over its level at end-March 2023, according to RBI
The centre has released Rs 46,387 crore to 100 cities and 93 per cent of released funds have been utilised, the ministry said
The initial public offer of luxury furniture brand Stanley Lifestyles got subscribed a whopping 96.25 times on the last day of subscription on Tuesday. The Rs 537 crore initial share-sale received bids for 98,56,97,520 shares against 1,02,41,507 shares on offer, according to NSE data. The portion for Qualified Institutional Buyers (QIBs) fetched 222.10 times subscription while the quota for non-institutional investors got subscribed 118.65 times. The quota for Retail Individual Investors (RIIs) attracted... Читать дальше...
The seven-member panel met on Monday evening, under the chairmanship of former Indian Space Research Organisation chairman K Radhakrishnan
A Korean Air flight to Taiwan was forced to return to Incheon airport west of Seoul after a sudden depressurization on the plane, a Boeing 737 Max 8, the transport ministry said Tuesday. The ministry said 19 of the 133 people aboard the flight Saturday were sent to hospitals due to ear pain and nosebleeds, but none suffered serious injuries. The airline and the ministry said the cause of the problem was under investigation. The aircraft was grounded and the ministry ordered South Korea's 11 airlines... Читать дальше...
The initial public offer of Allied Blenders and Distillers, the maker of Officer's Choice Whisky, received 51 per cent subscription on the first day of bidding on Tuesday. The Rs 1,500-crore initial share sale received bids for 2,01,69,680 shares against 3,93,71,669 shares on offer, as per NSE data. The category for non-institutional investors received 87 per cent subscription while the Retail Individual Investors (RIIs) part got subscribed 63 per cent. The Qualified Institutional Buyers (QIBs) portion received 2 per cent subscription. Читать дальше...
Ford is recalling more than 550,000 pickup trucks in the US because the transmissions can unexpectedly downshift to first gear no matter how fast the trucks are going. The recall covers certain F-150 pickups from the 2014 model year. Ford's F-Series pickups are the top-selling vehicles in the US. Ford says in documents posted Tuesday by US safety regulators that the downshifting can cause drivers to lose control of the trucks, increasing the risk of a crash. The recalls come after US auto safety... Читать дальше...
UAE remains the largest hub, followed by Saudi Arabia and Kuwait
English statistician and one of the inventors of the Duckworth-Lewis-Stern (DLS) method, Frank Duckworth died at the age of 84, according to a report. Duckworth passed away on June 21, according to a report in ESPNcricinfo.com. The Duckworth-Lewis method, devised by Duckworth and fellow statistician Tony Lewis, was introduced to determine results in rain-affected cricket matches. The method was first used in international cricket in 1997 and was formally adopted by the ICC as the standard method... Читать дальше...
Realty firm Sattva Group will invest Rs 12,000-14,000 crore over the next three years to build housing, office and hotel projects and is in talks with PE major Blackstone to launch REIT for monetisation of commercial assets. Bengaluru-based Sattva Group is one of the leading real estate developers in India. It has completed 140 projects comprising 80 million square feet area in the last 30 years. Around 23 million square feet of area is under construction and 65 million square feet is in the pipeline. Читать дальше...
Assange was en route to a courtroom on the island where he is expected to plead guilty in a plea deal that will see him walk free and return home to Australia
Another FIR has been registered against former MP Prajwal Revanna on charges of sexual harassment, stalking and criminal intimidation, police sources said on Tuesday. Along with him, three others, including former BJP MLA from Hassan Preetham Gowda has also been named in the FIR for allegedly sharing images captured by Prajwal during sexual harassment of the victim on a video call, they said. With the fresh FIR, this is the fourth case registered against Prajwal. "A fresh case has been registered by the SIT against Prajwal and three others. Читать дальше...
Indian football icon Bhaichung Bhutia on Tuesday announced that he was quitting politics, following his defeat in the recently held assembly elections in Sikkim. Bhaichung, the vice president of the Sikkim Democratic Front (SDF), lost to SKM's Rikshal Dorjee Bhutia in the Barfung seat, which marked his sixth electoral defeat. He joined politics in 2014 when the ruling TMC in West Bengal named him as its candidate for the Darjeeling Lok Sabha seat. In 2018, he took the plunge into the political arena... Читать дальше...
The Uttar Pradesh cabinet on Tuesday approved a proposal from the Tata Sons to build a 'museum of temples' in Ayodhya at a cost of Rs 650 crore, officials said. Sharing details about the decision, Tourism Minister Jaivir Singh said the tourism department would provide the company land for the international-level museum on a 90-year lease for a token money of Re 1. "Tata Sons had proposed the project through the Central government, offering to build the museum at a cost of Rs 650 crore under its corporate... Читать дальше...
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Bengaluru (Karnataka) [India], June 25: Brookfield Properties in India has been awarded the EDGE Excellence in 'Design for Greater Efficiencies Champion' recognition by International Finance Corporation (IFC), the private sector arm of the World Bank. This esteemed certification acknowledges the organization's commitment to sustainability in India's commercial workspace landscape.
Dubai [UAE], June 25: The Business Forum has announced that it will host the highly anticipated World Leaders Awards Event on June 29-30, 2024, at the Jafza One Convention Centre in Dubai. This event, held under the patronage of the Office of H.H. Sheikh Abdulhakim Obaid Suhail Buti Al Maktoum, is set to attract global leaders, innovators, and influencers to celebrate and honor excellence across various industries.
GSK Pharma's recent good showing is on expectations that launches in the specialty segment, increasing investments in promotions and branding
The Norwegian government on Tuesday signed a deal to start stockpiling grain, saying the COVID-19 pandemic, a war in Europe and climate change have made it necessary. The deal to store 30,000 tons of grain was signed by agriculture and food minister Geir Pollestad and four private companies. The wheat, that will belong to the Norwegian government, will be stored by the companies in facilities across the country. In a statement, Norway's ministry for agriculture and food said the building up of a... Читать дальше...
Two decades after Microsoft's last EU fine, the EU competition watchdog's latest action was triggered by a 2020 complaint from rival workspace messaging app Slack
Congress leader Rahul Gandhi was part of the remaining MPs who took their oaths today after a total of 262 newly elected MPs, including Prime Minister Narendra Modi, did so on Monday
Om Birla vs K Suresh would be only third time that Lok Sabha members will have to choose between two candidates
In support of Philippines' Universal Health Care (UHC) program
A sessions court on Tuesday extended the remand of former Tamil Nadu Minister V Senthil Balaji, arrested by the ED in a money laundering case, till July 1. Principal Sessions Judge S Alli, before whom Senthil Balaji was produced by the prosecution through video-conferencing from the Central Puzhal Prison here, also extended his judicial custody till July 1. When the case came up for hearing on Tuesday, the ED filed its counter affidavits to the three petitions filed by Senthil Balaji. The judge posted to July 1... Читать дальше...
Muthoot Microfin has secured a corporate agent license from the Insurance Regulatory and Development Authority of India (IRDAI) that would enable it to offer tailored insurance plans to its customer base.