Opinions Archives - Page 16 of 22

18 Mar

RBI says IndusInd Bank stable

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Chandigarh: In a reassuring update for IndusInd Bank’s customers, the Reserve Bank of India (RBI) has confirmed that the bank’s financial health remains robust. RBI emphasized that there is no cause for depositors to be concerned, urging them to remain confident as the situation is being addressed swiftly. RBI also assured that the bank’s capital adequacy ratio, liquidity coverage ratio, and provision coverage ratio remain strong, indicating that the financial position of the bank continues to be stable. For depositors, this means that their funds remain secure. IndusInd Bank has a comfortable capital adequacy ratio of 16.46% and a solid…

18 Mar

Sintex honors plumbers with ‘Sintex Nalkaar’

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Chandigarh: Sintex, India’s leading and most trusted manufacturer of quality water management solutions has launched a community campaign to express heartfelt gratitude and respect to plumbers, the unsung heroes of the nation’s water infrastructure. The campaign started from Plumbers' Day 2025 – 11th March 2025 and will conclude on 22nd March 2025 – ‘World Water Day’. This community campaign aims to recognize and spotlight the tireless efforts of plumbers through digital hoardings and various meet-and-greet events across Chhattisgarh and Punjab. During the 11 day campaign, Sintex will express gratitude to the plumbers associated with them through digital hoardings across high-traffic…

17 Mar

The cumulative exports during April-Feb 24-25 is estimated at USD 750.53 Billion, growth of 6.24%

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#Indiaexports As compared to USD 706.43 Billion in April-February2023-24, an estimated growth of 6.24% New Delhi: India’s total exports (Merchandise and Services combined) for February2025* is estimated at USD 71.95 Billion, registering a positivegrowth of 3.16 percent vis-à-vis February2024.Total imports (Merchandise and Services combined) for February2025 is estimated at USD 67.52 Billion, registering a negative growth of (-)11.34 percent vis-à-vis February2024. The data for February2025 is an estimation, which will be revised based on RBI’s subsequent release. (ii) Data for April-February2023-24 and April-September2024 has been revised on pro-rata basis using quarterly balance of payments data. India’s total exports during April-February2024-25*…

17 Mar

Ambuja Cements transforms agriculture in Maharashtra’s dry terrains through terrace farming

MFNewsBrands, Business, Opinions, Technology

Chandigarh: Ambuja Cements, #AmbujaCements the cement and building material company of the diversified Adani Portfolio, is driving agricultural transformation in the dry, hilly regions of Jiwati Taluka, Nagpur, and Chandrapur through its CSR efforts. To combat soil erosion, water scarcity, and low farm yields, the CSR team introduced terrace farming, enabling 15 farmers to convert 6 hectares of fallow land into cultivable fields. In Jiwati, farmer Ananadrao Kodape had faced severe cultivation challenges on his uneven land earlier. With support from Ambuja Cements’ CSR team, he adopted terrace farming, improved soil moisture retention, and diversified his crops, doubling his income…

17 Mar

EPFO has taken several steps to streamline the process of claim settlement

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Steps Taken by EPFO to Streamline Process of Claim Settlement New Delhi: EPFO has taken several steps to streamline the process of claim settlement. The auto-mode claims are processed within three days. EPFO achieved a historic high of 2.16 crore auto-claims settlement as on 06.03.2025 during the current financial year, up from 89.52 lakh in FY 2023-24. For Auto mode processing of advance claims, the amount limit has been enhanced to Rupees One lakh. Further, in addition to illness / hospitalization advances, the advances for housing, education and marriage are also enabled for auto mode processing. Now, 60% of advance…

16 Mar

CPI inflation moderated to a 7-month low of 3.6% in February 2025, sharp decline in vegetable prices.

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Inflation and Economic Trends in India Core inflation crossed 4% for the first time in 14 months, reaching 4.08%. Industrial growth strengthened, with IIP expanding by 5.0% in January 2025, led by manufacturing and mining. Rural inflation remains higher than urban inflation, influenced by food price trends. Imported inflation surged, rising from 1.3% in June 2024 to 31.1% in February 2025, driven by rising prices of precious metals, oils, and fats. RBI expected to implement at least 75 basis points of rate cuts in 2025, with successive reductions anticipated in April and August. Corporate performance remains strong, with revenue, EBITDA,…

16 Mar

CCI for its impactful role in curbing abusive conduct of dominant enterprises: Harsh

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CCI Organises 10th Edition of National Conference on Economics of Competition Law Minister of State, Shri Harsh Malhotra compliments CCI for its impactful role in curbing abusive conduct of dominant enterprises New Delhi: The Competition Commission of India (CCI) organised the 10th National Conference on Economics of Competition Law in New Delhi today. Shri Harsh Malhotra, Minister of State in the Ministry of Corporate Affairs; and Minister of State in the Ministry of Road Transport and Highways was the Keynote Speaker at the Conference. Smt Ravneet Kaur, Chairperson, Competition Commission of India delivered the Special Address at the Inaugural Session…

16 Mar

India-New Zealand announce launch of FTA negotiations

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Both countries have continuously worked towards building their bilateral relationship encompassing trade and investment #India-NewZealandFTA New Delhi: India and New Zealand share a longstanding partnership founded on shared democratic values, strong people-to-people ties, and economic complementarities. Both countries have continuously worked towards building their bilateral relationship encompassing trade and investment. On the eve of the bilateral meeting between the Hon’ble Prime Minister of India, Shri Narendra Modi and the Right Honourable Christopher Luxon, Prime Minister of New Zealand and in the spirit of deepening our economic co-operation, the two nations are pleased to announce the launch of negotiations for a…

16 Mar

PM applauds Reserve Bank of India for Winning Digital Transformation Award 2025

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Central Banking, London, UK, recognizing its innovative digital initiatives—Pravaah and Sarthi—developed by its in-house developer team #RBIaward New Delhi: The Prime Minister, Shri Narendra Modi applauded Reserve Bank of India (RBI) for Winning Digital Transformation Award 2025. RBI has been honored with the Digital Transformation Award 2025 by Central Banking, London, UK, recognizing its innovative digital initiatives—Pravaah and Sarthi—developed by its in-house developer team. Commending the achievement, the Prime Minister wrote on X; https://twitter.com/narendramodi/status/1901185108272398706 “A commendable accomplishment, reflecting an emphasis towards innovation and efficiency in governance. Digital innovation continues to strengthen India’s financial ecosystem, thus empowering countless lives.”

16 Mar

Electronics Technology for Hyperloop Project to be developed at ICF Chennai, Testing Starts

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410-meter-long Hyperloop test tube located at IIT Chennai is the longest Hyperloop test facility in Asia #HyperloopIndia #HyperloopICFChennai Chennai: Union Minister for Railways, Information and Broadcasting, and Information Technology, Shri Ashwini Vaishnaw, informed that the electronics component technology for the Hyperloop project will be developed at the Integral Coach Factory (ICF) in Chennai. He visited the Hyperloop testing facility at IIT Madras Discovery Campus and witnessed a live demonstration. Minister Ashwini Vaishnaw, stated that the 410-meter-long Hyperloop test tube located at IIT Chennai is the longest Hyperloop test facility in Asia. Speaking to the journalists, the Minister said that the entire…