Ashwani Kumar News

Subscribe to enjoy similar stories.State-owned Uco Bank expects its micro, small and medium enterprises (MSME) portfolio to remain stable despite global headwinds, managing director and chief executive officer Ashwani Kumar told Mint in an interview on Thursday. The bank is eyeing a retail lending boost and is stepping up investments in technology to drive growth, he said.While geopolitical tensions and supply-chain disruptions could have some impact, Kumar expressed confidence that policy support would help cushion the sector.

Ashwani Kumar picked up four wickets on IPL debut as MI restricted KKR to 116 runs at the Wankhede Stadium on Monday. The left-arm pacer got the wicket of Ajinkya Rahane on the first ball he bowled and went on to become the first Indian to take a four wicket haul on IPL debut. After the heroic performance, the 23-year-old said he was feeling the pressure early on and had eaten only a banana before the match as he was not hungry. “I am feeling very good. I was feeling pressure early on but the team environment did not make me feel that way. I just had a banana because there was pressure, so was not feeling very hungry. I had planned a little but they told me to enjoy myself on debut and bowl what I have been bowling,” Kumar said. “Hardik bhai told me to bowl short and to bowl at the body and that led to a wicket. In my village, everyone would be watching. They were just waiting for my debut, and by god's grace, I got an opportunity tonight and did well,” he added.

The ministry has also estimated a $4.43 billion trade surplus in goods and services in February, the first surplus after the Covid-19 pandemic. In February, India’s gold imports slipped to $2.3 billion from the past month’s $2.68 billion. Meanwhile, crude oil imports dropped to $11.8 billion from $13.4 billion in January, data showed. Sequentially, goods exports were up 1.31% from January 2025. “This was a difficult year for us for trade. We are positively moving in the direction of above $800 billion exports,” said commerce secretary Sunil Barthwal, adding that services exports are growing above 14%. Live Events E

Federation of Indian Export Organisations (FIEO) President Ashwani Kumar has also demanded extension of the five per cent Interest Equalisation Scheme (IES).

Venue : Niranjan Shah Stadium, Rajkot Bihar squad - Nawaz Khan, Paramjit Singh, Sakibul Gani, Danish Choudhary, Himanshu Singh, Kumar Rajnish, Mayank Choudhary, Mrityunjay Singh, Raghuvendra Pratap Singh, Sachin Kumar, Vaibhav Suryavanshi, Ayush Loharuka, Bipin Saurabh, Sharman Nigrodh, Amod Yadav, Apurva Anand, Pratik Kumar, Sakib Hussain Punjab squad - Anmolpreet Singh, Harnoor Singh, Nehal Wadhera, Sanyam Arora, Abhishek Sharma, Naman Dhir, Ramandeep Singh, Sanvir Singh, Sohraab Dhaliwal, Prabhsimran Singh, Arshdeep Singh, Ashwani Kumar, Baltej Singh, Gurnoor Brar, Harpreet Brar, Jassinder Singh, Mayank Markande Bihar vs Punjab Match Details Match 22 of Syed Mushtaq Ali Trophy, 2024 between Bihar and Punjab to be held at Niranjan Shah Stadium, Rajkot at 11:00 AM.

Delhi's mayor and lieutenant governor over the elections for the MCD ward and standing committees had little impact on the voting process on Wednesday. The elections proceeded smoothly, resulting in a notable win for the BJP, which secured victories in seven out of twelve zones, while the AAP managed to win in only five zones. Despite a clash over election procedures, AAP councillors took part in the process, which was overseen by deputy commissioners of the respective zones. This election had been pending for 20 months since the civic polls held in December 2022. The new zonal committees will be instrumental in decentralising discussions on local issues, speeding up resolutions, and overseeing project implementation. Before the elections, Mayor Shelly Oberoi objected to the deputy commissioners conducting the polls, claiming that they were not authorised presiding officers. She also deemed the election notices issued by the municipal secretary as «null and void.» Despite her objections and refusal to appoint presiding officers, Oberoi participated in the election for the Karol Bagh ward committee later in the day.

Logistics disruptions such as lack of container availability, irregular shipping schedule and ships skipping Indian ports impacted the country's exports growth during June, apex exporters' body FIEO said on Monday. After recording 12.8 per cent growth in May, India's merchandise exports rose by just 2.56 per cent to USD 35.2 billion in June. Federation of Indian Export Organisations (FIEO) President Ashwani Kumar said the third consecutive increase in merchandise exports shows the resilience of the sector. «Had it not been for the logistics disruptions such as lack of container availability, shipping space, irregular shipping schedule and ships skipping Indian ports, the exports would have recorded close to double-digit growth in June 2024,» he said in a statement.

Union Commerce and Industry Minister Piyush Goyal, expressing concerns over the extension of the Interest Equalisation Scheme (IES) for only two months and exclusively for MSMEs. Federation of Indian Export Organisations (FIEO) president Ashwani Kumar highlighted that the scheme has so far benefitted not only MSMEs but also merchant exporters and large manufacturing companies at a lower rate of two per cent for 410 tariff lines, covering labour-intensive products. The current scheme, valid till June, provides pre and post-shipment rupee export credit, offers a two per cent interest equalisation rate for manufacturers and merchant exporters dealing with specified 410 export items, and a higher rate of three per cent for MSME manufacturers exporting under any of these items.

Exporters sought the creation of an Indian shipping line, duty cuts on import of products like wet blue leather, extension of a key scheme for small exporters to avail pre- and post-shipment rupee export credit, and duty drawback for platinum jewellery at their pre-budget meeting with finance minister Nirmala Sitharaman on Tuesday. Highlighting the need for an Indian shipping line, the Federation of Indian Export Organisations president Ashwani Kumar said that India's outward remittance on transport services is increasing with rising exports. «We remitted over $109 billion as transport service charge in 2022. As the country moves towards the goal of $1 trillion, this will touch $200 billion by 2030. A 25% share by the Indian shipping line can save $50 billion on a year-on-year basis,» he said.

duty structure wherever required. In a pre-budget meeting with Finance Minister Nirmala Sitharaman, FIEO president Ashwani Kumar made a case for an extension of the Interest Equalisation Scheme for the next five years. «We request the scheme which is valid till 30th June, 2024 may be extended for a period of 5 years. Looking into the rise in interest rates consequent to the increase in Repo rate from 4.4 per cent to 6.5 per cent in the last 2 years, the subvention rates may be restored back from 3 per cent to 5 per cent for manufacturers in MSMEs,» Kumar said. Kumar also urged for the establishment of an Indian shipping line of global repute to reduce foreign shipping line dependency and save foreign exchange.

Jammu and Kashmir were suspended for alleged dereliction of duty on Friday, a day after 22 people were killed and 64 injured in a bus accident in Jammu district. The tragic incident occurred on Thursday, when the bus carrying 86 devotees from Haryana's Kurukshetra and heading towards the Shiv Khori shrine in Jammu and Kashmir's Reasi district skidded off the Jammu-Poonch highway and plunged into a 150-foot gorge. The driver lost control of the vehicle while negotiating a blind curve at the Tungi morh in the Chowki Chora area. Transport department Secretary Niraj Kumar ordered the suspensions and a probe after a high-level meeting was chaired by Principal Secretary of the Home department Chandraker Bharti. «Pending enquiry into the conduct and dereliction of duties, officials posted in the Regional Transport Office in Kathua (Lakhanpur) are placed under suspension with immediate effect and are attached in the office of Transport Commissioner, Jammu,» Kumar said in an order.

Also Read: 'Came to know through news, friend': Fathers of two babies killed in Delhi hospital fire share their plightSpeaking to ANI, Chaudhary said that the hospital had installed over 10 beds when it had permission only for five beds, and 12 newborns were admitted at the time of incident.Further, Delhi Police also said that the doctors at the facility were not qualified to treat a newborn child in need of Neo-Natal Incentive care, as they were BAMS degree holders only."There were no fire extinguishers installed in the hospital in case of eruption of fire. There is no emergency exit in the hospital in case of any emergency," ANI quoted Delhi police as saying.Meanwhile, police have arrested hospital owner Naveen Khichi, and Dr Akash who was on duty.According to reports, in 2021, Khichi was booked for alleged mistreatment of a newborn during treatment, and at that time, it was discovered that the hospital was not registered under the Delhi Nursing Home Act.Meanwhile, Delhi government has orders Magisterial Enquiry into the Vivek Vihar New Born Baby Care Hospital Fire incidentAdditional Chief Secretary, Revenue and and Divisional Commissioner DDMA, Ashwani Kumar directed Shahadra District Magistrate and District Disaster Management Authority will inquire about the fire tragedy.Also Read | Delhi hospital fire: Owner of New Born Baby Care has history of criminal negligence, says reportEarlier in the day, Atul Garg, Director of the Delhi Fire Department said that there were some oxygen cylinders, because of which the blast took place.While six babies were declared brought dead, one died during treatment.

Delhi Vigilance Minister Atishi has submitted a 670-page probe report to Chief Minister Arvind Kejriwal alleging «prima facie complicity» of Chief Secretary Naresh Kumar in a land acquisition matter and claiming it would have involved a windfall gain of Rs 897 crore for stakeholders, government sources said on Tuesday. According to the report, the minister has recommended removal of Chief Secretary Kumar and Divisional Commissioner Ashwani Kumar from their posts to pave the way for a fair probe.

World Health Organization. Expressing concern about the expected deterioration in air quality in the coming days due to Diwali and stubble burning in neighbouring states, Delhi Environment Minister Gopal Rai shot off a letter to Union Environment Minister Bhupender Yadav urging that only CNG, electric and BS VI-compliant vehicles be permitted in Delhi-NCR. He also requested for an emergency meeting with NCR states to address the issue.

women's reservation bill introduced in Lok Sabha on Tuesday, but some of them questioned the «delay» of nine years by the Modi government despite enjoying a majority in Parliament. Veerappa Moily and Kapil Sibal, who were Union law ministers during the UPA rule, attacked the BJP for not supporting the Congress earlier for passage of the bill. Ramakant Khalap and Ashwani Kumar said it was a long-due move to address the aspiration of the people of India that women get proper representation in legislatures. The bill is aimed at expanding women's participation in Lok Sabha and state assemblies across the country. Senior Congress leader Moily told PTI that introducing the Bill when the elections are approaching is «absolutely political» and the government does not have a legitimate interest in women as a class. Rajya Sabha MP Kapil Sibal said if it was not a «political move» and was really for the empowerment of women, the Centre should have moved it in 2014 when the BJP-led government came to power.

demolition drive in violence-hit Nuh district of Haryana continued for the third day on Saturday as authorities bulldozed illegal constructions on 2.6 acres of land around Nalhar Medical College in the state. Around 15 other temporary structures were also demolished as part of the drive, police said. «These were illegal constructions.

Uco Bank for opening special rupee vostro accounts for facilitating bilateral trade in local currency, Uco Bank managing director Ashwani Kumar said Friday, after announcing 81% year-on-year in June quarter net profit at Rs 224 crore. Two of these banks are from Russia, he said. «We will soon approach the Reserve Bank of India for approval,» he said.

The Merge, which was completed earlier this month on September 15, changed its mechanism to proof-of-stake (PoS), making it more energy efficient. It used the Proof-of-Work (PoW) mechanism earlier. Ethereum, which was expected to regain $2,000 levels post its software upgrades, was hovering around the $1,325 mark on Saturday. It recently tested $1,200 levels earlier this week. The total market capitalization of Ethereum has dwindled sharply, and is marginally more than $160 billion, with volumes being flat at around $17.5 billion in the last 24 hours, the coinmarketcap data suggested.