Developed countries push to expand contributor base for new climate finance goal
As the deadline to agree on a new climate finance goal nears, developed nations are pushing to expand the list of countries responsible for contributing funds to help developing countries address climate change, with Switzerland even proposing criteria to broaden the donor base. Submissions made by some developed countries to the...
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Sensex rebounds 370 points; bank, finance stocks spurt
21 August 2024 | PTI -
President Murmu stresses upon increasing focus on critical minerals for green transition
20 August 2024 | PTI -
Sensex, Nifty climb in early trade
20 August 2024 | PTI -
India allows Nepal to export additional 251 MW of power
20 August 2024 | Pioneer News Service -
DICV inaugurates mechatronics lab in Chennai
20 August 2024 | PTI -
FinMin should identify high risk taxpayers in GST composition scheme: CAG
20 August 2024 | PTI -
Deposit growth trailing credit concerns statistical myth if seen since FY22: SBI Economists
20 August 2024 | PTI
TruAlt Bioenergy files IPO papers with Sebi; aims to mop up Rs 750 crore via fresh issue
Leading biofuel producer TruAlt Bioenergy Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The IPO is a mix of fresh issuance of equity shares worth Rs 750 crore and an offer for sale (OFS) of up to 36 lakh equity...
Sebi segregates Rs 76,293 cr dues under ‘difficult to recover’ category
Capital markets regulator Sebi has segregated dues to the tune of Rs 76,293 crore under “difficult to recover” category at the end of March 2024, marking an increase of 4 per cent from the preceding year. Of this, a huge chunk is on account of cases pending before court-appointed committees. Difficult to...
Rupee rises 8 paise to close at 83.87 against US dollar
The Indian rupee appreciated by 8 paise to close at 83.87 (provisional) against the US dollar on Monday, supported by a weak US dollar and a decline in crude oil prices. Forex traders said fresh foreign fund inflows boosted investor sentiments. At the interbank foreign exchange, the rupee opened at 83.88 against...
RBI for periodic revision of deposit insurance coverage
A periodical upward revision of the deposit insurance coverage limit, currently at Rs 5, lakh, may be warranted considering multiple factors like growth in the value of deposits, inflation, and increase in income level, RBI Deputy Governor M Rajeshwar Rao has said. Delivering the valedictory address at IADI Asia-Pacific Regional Committee...
Sensex, Nifty settle almost flat in lacklustre trade
Benchmark equity indices Sensex and Nifty ended on a flat note in a lacklustre trade on Monday, as investors preferred to remain on the sidelines awaiting further triggers. Participants also booked profits in select blue-chip stocks amid high valuation concerns, according to experts. In a range-bound trade, the 30-share BSE Sensex slipped...
Cognizant says entry-level annual pay for engineers at Rs 4-12 lakh; best in industry
Facing social media backlash over the Rs 2.52 lakh annual salary offer for freshers, IT giant Cognizant on Sunday said it offers Rs 4-12 lakh salary to fresh engineering graduates, and the salary being quoted on social media is for non-engineering undergraduate degree holders. The firm also faced social media ridicule...
Indian businesses need to align cyber security budgets with growth objectives, says Kaspersky
Indian businesses need to align cyber security budgets with their growth objectives to ensure sustainable expansion in the face of increasing digitalisation and associated risks, a top official of Kaspersky has said. The emergence of new-age technologies, including artificial intelligence and GenAI, is critical for companies to boost their businesses. “In order...
