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₹2.86 trillion into public sector banks, as per data presented in the Parliament by junior finance minister Bhagwat Karad in March 2023. The cleanup of legacy bad loans and stronger underwriting decisions have played a role in the improvement of their health. Asked about the trends in private capex, the minister said the private sector is investing significantly in areas offering new opportunities.

During the past decade (2013-14 to 2022-23), India’s annual total investments have ranged between 30% and 34% of GDP, barring a dip to 28% of GDP in 2020-21. This is if we measure this proportion using current prices or nominal data (let us refer to it as the ‘nominal investment ratio’). Usually, all ratios— investment, savings, fiscal deficit, current account balance, corporate profits, et al—are measured in nominal data or at current prices.

₹5,144 crore, as per the company’s latest filings sourced from Tofler. While the company grew its total income 71% to ₹718 crore during the year, the growth in advertising—a key revenue stream—appears to be slowing down. To understand the way forward for the company, and if it can survive, we spoke to former and current employees, investors, market watchers and ShareChat’s current bosses—Sachdeva and Manohar Charan, the chief financial officer (CFO).

₹54,721 crore in FY25, about 9% higher than the ₹50,118 crore target set in FY24. In the 11 months to February, the ministry had surpassed its FY24 target, having monetized assets worth ₹55,148 crore. "The projected target with reference to asset monetization plan for FY 24-25 is ₹54,721.06 crore.

Reliance Industries, marginally to USD 9.87 per million British thermal unit in line with softening of benchmark international gas prices, an official notification said. However, the price of gas that is used for making CNG for fuelling automobiles or piping to household kitchens for cooking purposes will remain unchanged due to a price cap that is set at 30 per cent less than market rates such as that paid to Reliance. For the six-month period starting April 1, the price of gas from deepsea and high-pressure, high-temperature (HPTP) areas has been cut to USD 9.87 per mmBtu from USD 9.96, oil ministry's Petroleum Planning and Analysis Cell (PPAC) said in a notification. This is the third straight bi-annual reduction in rates for difficult fields. Price was for six months beginning October 1, 2023 slashed 18 per cent to USD 9.96 per mmBtu from USD 12.12 for the April to September 2023 period. Prior to that, the rate was a record USD 12.46 for October 2022 to March 2023.

Indian stock market: The Nifty has made a notable advance above 22,500, following a sustained movement beyond 22,100. Moreover, there's a visible consolidation breakout on the daily timeframe, indicating an increase in optimism. However, the Nifty faced initial resistance around its previous swing high of 22,526.

Mamata Banerjee had declared candidates for all Lok Sabha seats, skipping the seat sharing talks with Congress and CPI(M). This gave rise to rumours of rift between the alliance and TMC. However, on Sunday, at the rally, TMC leaders emphasised on CM Mamata Banerjee's support for the opposition bloc.

Bhartiya Janata Party’s (BJP) Lok Sabha election campaign in Uttar Pradesh. The rally, at the Potato Research Institute ground, is the first occasion since 2014 when PM Modi will share stage with BJP ally and Rashtriya Lok Dal (RLD) chief Jayant Chaudhary. Uttar Pradesh Chief Minister Yogi Adityanath will also be present on the stage.

However, the percentage of stocks closing below the 30-day low increased to 9% from 2% last week which is indicating that the recovery that we have seen lately among the SMIDs is yet to become broad-based, he said.

West Bengal Chief Minister Mamata Banerjee on Sunday mocked the BJP's target of winning 400-plus seats in the Lok Sabha polls and challenged the saffron camp to win at least 200 constituencies. Banerjee also asserted that she won't allow the implementation of the Citizenship Amendment Act in the state. She cautioned people that applying for CAA would turn an applicant into a foreigner and urged them not to apply for it. «The BJP is saying „400 paar“, I challenge them to cross the 200 seats benchmark first. In 2021 assembly polls, they gave a call of 200 plus seats but had to stop at 77,» she said.

RBI may again keep the key interest rate unchanged in April as it is likely to focus more on bringing down inflation to the 4 per cent target after concerns over economic growth abated with GDP growth estimated at nearly 8 per cent, said experts. Also, the Reserve Bank's rate-setting panel — Monetary Policy Committee (MPC) — may take cues from the central banks of some major economies like the US and UK, which are apparently in wait-and-watch mode on interest rate cuts. Switzerland has become the first major economy to cut interest rates, while Japan, the world's third-largest economy, ended its eight-year period of negative interest rates regime. The meeting of the Reserve Bank Governor Shaktikanta Das headed MPC is scheduled for April 3-5. The decision will be announced on April 5 (Friday). It will be the first bi-monthly monetary policy of fiscal 2024-25. A total of six MPC meetings are scheduled for the fiscal beginning April 1, 2024.

Samajwadi Party president Akhilesh Yadav on Sunday said the BJP is «worried» about losing power as he attacked the ruling party for «misusing» probe agencies to target the opposition. The former Uttar Pradesh chief minister also said that the BJP is being "criticised" across the world for the arrest of Delhi Chief Minister Arvind Kejriwal. Yadav, who arrived in the city for the INDIA Bloc rally at Ramlila ground, told reporters at the airport, the «BJP is worried that it is going (out of power). While we (opposition leaders) are coming to Delhi today, the PM is going out of Delhi. This shows who is going out (of power)». He was referring to Prime Minister Narendra Modi's rally in Meerut later in the day.

climate change whether it is guilt, anger, hope or fear could have a bearing on their climate policy preferences, a new research has found It found that while the guilty atone through options requiring them to shell out money like fossil fuel tax, those feeling hopeful or sad about climate change place their faith in proactive policies, such as investing in infrastructure. Individuals angry about climate change too were found to be comfortable with money-extracting policies. However, the research, led by George Mason University, Virginia, US, found that those fearful of climate change were the ones most likely to support any and all kinds of policies, especially regulatory ones such as those around carbon emissions.

TCS is hiring freshers; applications open till April 10. Here's how to apply Usually, layoffs in companies affect majorly the seniors, but the former TCS staff said that the Indian firm broke the law by targeting them based on their race. They claimed that TCS gave preferential treatment to Indian workers in the US on the coveted H-1B visas.

The FAME II scheme, with a budget outlay of Rs 10,000 crore, was introduced in 2019 for a period of three years. The scheme was targeted to support 7,000 e-buses, 5 lakh e-3 Wheelers, 55,000 e-passenger cars and 10 lakh e-two wheelers. Later another Rs 1500 crore was allotted for the scheme. As of 30th March, 15,42,452 electric vehicles have been subsidized under the scheme. It includes 13,64,929 two-wheelers, 15,71,71 three-wheelers and 20,352 four-wheelers. Tata motors was the biggest beneficiary of FAME II for making e-3 and e-4 wheelers and Ola was the the biggest beneficiary under the for e-2-wheelers segment. A total of 221 models of electric vehicles benefitted under the FAME II scheme.

Assam Rifles was deployed in Kameng Frontier Division of the Arunachal Pradesh since 1958. Its posts were spanning over a large area including Chuthangmu, Bumla and Chuna in Kameng Frontier and Longju & Taksing in Subhansiri Frontier. During this period, there was a uprising going on in Tibet.

Metallic Rouge draws near, fans eagerly anticipate the unveiling of Roy's master plan in Episode 13. Scheduled for release on Wednesday, April 3rd, around 11 AM GMT / 3 AM PT / 8 AM CT, the exact timing may vary depending on upload speed. Look out for Metallic Rouge Episode 13 on Fuji TV+ Ultra in Japan and Crunchyroll for international viewers, where it's expected to be available with both English and Japanese dubs.

Babul Supriyo shared some posters of music videos and movies and said he has "nothing against Pawanji the artist, but if these posters are true, then it clearly shows what kind of respect @BJP4India has for Bengal & especially for women from Bengal". On these allegations, Pawan Singh challenged Supriyo saying that he will quit singing and politics if he can "prove that these songs on the poster correct". Meanwhile, TMC leader Saket Gokhale had tweeted earlier, accusing Pawan Singh of making "videos that are extremely VULGAR & misogynist & targets the women of Bengal".

Siddaramaiah on Saturday alleged that the BJP is using organisations like the IT Department, ED, and CBI to weaken the Congress Party as the party is scared of losing the upcoming Lok Sabha elections. He added that the BJP is trying to weaken their party through 'tax terrorism' as they believe that by doing this, they can win the election. «The CM said, the Bharatiya Janata Party, fearful of impending defeat in the upcoming Lok Sabha elections, has been misusing autonomous institutions like the IT Department, ED, and CBI to undermine the Congress Party. As part of this tactic, they have unleashed 'tax terrorism' on our party. The BJP is under the illusion that by weakening our party, it can win the election,» as per a press statement by the CMO

MUMBAI : The Indian economy is expected to grow at 8% or above in the last quarter of the current financial year, leading to an equivalent growth for the whole of fiscal year 2024 (FY24), finance minister Nirmala Sitharaman said on Saturday. “Hopefully the fourth quarter (of FY24) which ends tomorrow will also have it in the range 8% or above 8%, resulting in 2023-24 having an average GDP growth of 8% or over 8% is what my expectation is," Sitharaman said in her keynote address at the Mint India Investment Summit 2024 here.

Federal Reserve Chair Jerome Powell reiterated a message he has sounded in recent weeks: While the Fed expects to cut interest rates this year, it won’t be ready to do so until it sees “more good inflation readings’’ and is more confident that annual p...