UP has become revenue  surplus state, says CM

UP has become revenue surplus state, says CM

Tuesday, 25 July 2023 | Pioneer News Service | VARANASI

Chief Minister Yogi Adityanath said that Uttar Pradesh has become a revenue surplus state and there is no shortage of money. During his day-long visit to this parliamentary constituency of Prime Minister Narendra Modi here on Monday, Yogi held a meeting with the newly-elected Mayor and corporators at Circuit House. Addressing...

Sebi working on instant settlement of stock market transactions: Buch

Tuesday, 25 July 2023 | PTI | Mumbai

Sebi Chairperson Madhabi Puri Buch on Monday said the capital markets regulator is working on instant transaction settlement in the stock markets.  Buch said the day is not far off when stock market transactions will be settled instantaneously.  She said the regulator is working with stakeholders to improve the timelines on transaction...

TRAI releases draft telecom consumers education and protection fund amendment rules for comments

Tuesday, 25 July 2023 | PTI | New Delhi

Telecom regulator TRAI on Monday circulated the draft telecom consumers education and protection fund amendment regulation, for stakeholder comments.  The amendments have been proposed in specific portions of the rules after a need was felt since certain activities like preparation and audit of accounts, require expenses to be incurred from Telecom...

Rupee rises 15 paise to close at 81.83 against US dollar

Tuesday, 25 July 2023 | PTI | New Delhi

The rupee gained 15 paise to close at 81.83 (provisional) against the US dollar on Monday, as a sharp jump in India's forex reserves boosted investor sentiments.  At the interbank foreign exchange market, the local unit opened at 82 against the US dollar and moved in a range of 81.82 to...

Civil society, trade experts urge India not to ratify WTO's agreement on fisheries subsidies

Tuesday, 25 July 2023 | PTI | New Delhi

Trade experts and some members of civil society have urged India not to ratify the fisheries subsidies agreement agreed upon by the World Trade Organisation members in Geneva last year and instead commence talks for a comprehensive pact.         Members of the Geneva-based WTO on June 17, 2022, secured a 'Geneva...

Canara Bank Q1 profit surges 75% to `3,535 crore on fall in bad loans, interest income growth

Tuesday, 25 July 2023 | PTI | New Delhi

State-owned Canara Bank on Monday reported a 75 per cent rise in net profit at Rs 3,535 crore for the June quarter, helped by a decline in bad loans and growth in interest income.  The Bengaluru-based lender had posted a net profit of Rs 2,022 crore in the year-ago period.  Total income...

IDBI Bank Q1 profit jumps 62% to `1,224 crore

Tuesday, 25 July 2023 | PTI | New Delhi

n   LIC-promoted IDBI Bank on Monday reported a 62 per cent rise in net profit to Rs 1,224 crore in the June quarter due to a decline in bad loans.                The bank had posted a net profit of Rs 756 crore in the year-ago period.  Total income in the first quarter of the...

Maruti recalls 87,599 units of S-Presso, Eeco to replace faulty steering tie rod

Tuesday, 25 July 2023 | PTI | New Delhi

The country's largest carmaker Maruti Suzuki India on Monday said it is recalling 87,599 units of S-Presso and Eeco models to check and replace faulty steering tie rod. The recalled units were manufactured between July 5, 2021, and February 15, 2023, the auto major said in a statement. "It is suspected that...

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