MillenniumPost

Business - Page 542

‘India’s high public debt offers limited space for welfare spending’

8 July 2024 10:55 PM IST
Mumbai: India’s high public debt offers limited fiscal space to undertake welfare measures which can help stimulate the economy, a foreign brokerage...

Employment in 27 sectors rises 3.31% in 2022-23, says RBI data

8 July 2024 10:54 PM IST
Mumbai: The number of persons employed in 27 sectors, including agriculture, trade and financial services, increased by 3.31 per cent year-on-year to...

RBI cancels CoR of 2 NBFCs for irregular lending prosess

8 July 2024 10:53 PM IST
Mumbai: The RBI on Monday said it has cancelled the certificates of registration (CoR) of two NBFCs due to irregular lending practices. ...

Time to push divestment of state-owned banks: SBI report

8 July 2024 10:53 PM IST
New Delhi: The government should go ahead with disinvestment of public sector banks (PSBs) as they are in good condition, SBI said in its research...

Benchmark indices end on flat note amid muted trade

8 July 2024 10:52 PM IST
Mumbai: Stock market benchmark indices Sensex and Nifty ended almost flat on Monday amid a lacklusture trade as investors preferred to stay on the...

Telecom infra for Amarnath Yatra spruced up, says DoT

8 July 2024 10:52 PM IST
New Delhi: The Department of Telecommunications (DoT) on Monday announced significant improvements in telecom infrastructure for Amarnath Yatra to...

Securitisation volumes increase 17% to Rs 45,000 crore in April-June, says report

8 July 2024 10:51 PM IST
Mumbai: Securitisation volumes rose 17 per cent to Rs 45,000 crore in the April-June quarter of this fiscal compared to the year-ago period, a report...

Rupee falls 1 paisa to 83.50 against dollar

8 July 2024 10:51 PM IST
Mumbai: The rupee pared initial gains to settle 1 paisa lower at 83.50 against the US dollar on Monday, as muted domestic equities weighed on investor...

Life insurers record 23% rise in new premium collection in April-June

8 July 2024 10:51 PM IST
New Delhi: Life insurers recorded a 22.9 per cent increase in new business premium collection in the first quarter of the current fiscal. The new...

LIC undertakes ‘Jeevan Samarth’ initiative to empower agents for evolving needs of customers

8 July 2024 10:50 PM IST
Mumbai: To continue its proud legacy of agency-led growth, Life Insurance Corporation (LIC) has embarked on an ambitious mission “Jeevan Samarth” that...

Budget FY25 should focus on tax relief to boost consumption: India Inc

8 July 2024 10:50 PM IST
New Delhi: The Union Budget FY25 should focus on offering relief to taxpayers, especially in the lower income brackets, to stimulate consumption,...

India’s coal import rises 5% to 52 MT in 1st 2 months of FY25

7 July 2024 11:59 PM IST
New Delhi: India’s coal import rose 5.3 per cent to 52.29 million tonnes (MT) in the first two months of the ongoing fiscal as against the year-ago...
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