India Financial News

RBI) has granted a white-label ATM licence to Electronic Payment and Services (EPS), creating a pitch for faster expansion of the ATM network to support the cash economy. The award of the licence comes after a gap of a decade.

PM Narendra Modi will visit Laos for India-Asean Summit on October 10-11 to commemorate 10 years of India's Act East Policy, emphasising India's support for 'Freedom of Navigation in the South China Sea region' amid China-Philippines territorial disputes that may snowball into a bigger conflict.

employment data and its analytics, as it aims to strengthen employment data coordination, expand overseas job opportunities and enhance security of Indian workers abroad, said a statement by the labour and employment ministry. It said that the proposed Unified Employment Data Portal will serve as a transformative tool in centralising employment data, while the eMigrate and NCS integration will broaden access to overseas job markets. On Monday, Union labour and employment minister Mansukh Mandaviya chaired a meeting focusing on the key issues related to employment data and overseas emigration trends. «The deliberations with Ministry of External Affairs (MEA) and NITI Aayog aimed to strengthen coordination and data assimilation for both overseas employment and domestic job creation, as well as to enhance the monitoring of recruiting agencies and skill requirements for employment abroad,» the ministry said.

Sachin Tendulkar is set to return to the sport — both as an investor and a player — with the launch of the International Masters League (IML), a T20 franchise tournament featuring retired international players.

Election Commission of India dismissed the Congress party's charge of «unexplained slowdown» in updating results of Haryana assembly election on the poll panel's web portal on Tuesday, stating that it «unequivocally rejects» the attempt to «surreptitiously give credence to irresponsible, unfounded and uncorroborated narratives».

Real wage growth is expected to improve further in the remainder of FY25, driven by a favorable base effect, moderating inflation, and progress in agricultural activity due to an above-normal monsoon, according to an analysis by India Ratings and Research (Ind-Ra).

Kumari Selja questioned the election management of the leadership in the state polls. She said the party's defeat in the assembly election, despite a very favourable atmosphere, was yet another case of the party paying the price for «placing all eggs in one basket», an apparent reference to the leadership packing the candidate list with Bhupinder Singh Hooda campers, which led to talk of "Jat dominance".

Amneal Pharmaceuticals, the third largest generic drugmaker in the US, plans to invest $150-200 million over the next four to five years to build a manufacturing facility in Ahmedabad housing two greenfield plants for producing weight loss drugs.

Gen Anil Chauhan on Tuesday said the IAF, as a potent tech-driven force, stands vigilant, safeguarding India's sovereignty and interests, and it will continue to soar to greater heights. In his message on the 92nd anniversary of the Indian Air Force which was born on October 8, 1932, he said the IAF has emerged as a «shining exemplar» of valour, excellence, and national pride.

Congress on Tuesday got some friendly advice from its INDIA bloc partners to re-think its poll strategy ahead of the next round of assembly elections in Maharashtra, Jharkhand and Delhi. Leaders of the AAP, which was keen on having an alliance with the Congress in Haryana, said the biggest lesson from the recent round of elections was one should not be «overconfident» and questioned the grand old party's strategy for the assembly polls.

Subscribe to enjoy similar stories. For the second straight time in India, election results have upended poll predictions, turning political parties introspective and adding intrigue to the next round of state elections scheduled for later this year. In Haryana, while the Bharatiya Janata Party exceeded expectations for a third straight term, the Congress was left stumped by its underwhelming show.

Adani Green Energy plan to raise up to $1 billion by issuing U.S. dollar-denominated bonds, two merchant bankers involved in the deal said on Tuesday. The companies will issue bonds with a maturity of 20 years in one or more tranches starting this month, the bankers said, speaking on condition of anonymity as they are not authorised to speak to the media.

Nirmala Sitharaman on Tuesday commended Indian financial sector regulators for doing a «world-class job» and bringing greater transparency into the system. Underlining that she is not against questioning or critiquing regulators, Sitharaman said there is a need to be «extremely conscious» about contributions made by them as well.

learning disabilities and people in their lives with greater access to information.

Lloyd 1.5 Ton 3 Star Inverter Split ACExperience optimal cooling with the Lloyd 1.5 Ton 3 Star Inverter Split AC, designed for efficiency and comfort. This 2023 model features a 5 in 1 convertible function, allowing flexibility for various cooling needs.

Subscribe to enjoy similar stories. Mumbai: The International Masters League (IML), a new T20 cricket tournament featuring legendary players from six nations, is set to begin on 17 November. Icons like Sachin Tendulkar, Brian Lara, and Kumar Sangakkara will lead teams in this nostalgia-fuelled competition, which aims to blend cricketing heritage with the fast-paced excitement of the T20 format.

Reasons to buyReasons to avoidAlso read: Amazon Great Summer Sale 2024 is live: Avail crazy deals on home and kitchen appliances with up to 70% offThe Pigeon Stovekraft Anodised Aluminium Cooker is a 5-liter pressure cooker made from high-quality aluminium. It features a precision weight valve for added safety and a metallic safety plug for easy pressure release.

Subscribe to enjoy similar stories. New Delhi: The Drugs Controller General of India (DCGI) is planning to list the qualification criteria for medical device testing officers. At present, no qualification is needed, with mostly drugs inspectors deputed to do the job.

Subscribe to enjoy similar stories. The Reserve Bank of India’s (RBI’s) Liberalised Remittance Scheme (LRS) allows resident Indians to send money abroad for various purposes. However, the scheme has various dos and don'ts as it involves foreign exchange.

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Subscribe to enjoy similar stories. Bengaluru: Dilip Tirkey remembers the evening of 13 January 2005 like it was yesterday. Tirkey, then India’s hockey captain, created history at the Gachibowli Stadium in Hyderabad.