NEW DELHI: The central government has upgraded Hindustan Aeronautics Limited (HAL) as the 14th Maharatna Central Public Sector Enterprises (CPSE), the Department of Public Enterprises said in a post on social media X on Saturday. The Maharatna status will further enhance its operational autonomy and financial powers with promising future projects and growth.It can now […]
P&O Ferries owner, DP World, will now attend the UK’s investment summit on Monday, despite a row over a minister’s criticism of the firm. It had been feared they might pull out from the summit – where they were expected to announce a £1bn investment – after Transport Secretary Louise Haigh criticised the ferry firm […]
Mumbai: Foreign portfolio investors (FPIs) sold equity worth Rs 58,710 crore (till October 11), but massive selling didn’t have a serious impact on the market, market experts said on Saturday. According to them, the entire FPI selling has been absorbed by the domestic institutional investors (DIIs) who are receiving sustained fund inflows. The major trend […]
Authored by Durgesh Jaiswal & Niharika Gupta: In today’s fast-evolving financial landscape, the accuracy and reliability of credit models have become more crucial than ever. The Reserve Bank of India (RBI), in its circular issued on August 5, 2024, titled ‘Regulatory Principles for Management of Model Risks in Credit’, introduced a comprehensive regulatory framework that […]
As the festive season graces India, the real estate market is poised for its traditional surge, fuelled by developer incentives and strong economic indicators. This year, a confluence of factors, including evolving buyer preferences and robust infrastructure development, is driving growth, particularly in emerging luxury hotspots like Gurugram. CBRE’s Festive Season Residential Outlook 2024 predicts […]
The International Monetary Fund (IMF) has identified corruption, bureaucratic red tape, and a weak business environment as the primary challenges hindering Pakistan’s development. In response, the government has assured the IMF of taking firm steps to address these issues, including greater transparency and accountability in the public sector. The government has also assured the IMF […]
The petroleum products’ prices are likely to rise from October 16, as global oil rates continue to surge. According to industry sources, prices could increase by up to Rs10 per litre. A preliminary working paper has been prepared by the petroleum industry and shared with the Oil and Gas Regulatory Authority (Ogra). As per the […]
Boeing has lost more than $25 billion since the start of 2019. (AP file Photo) Boeing will further delay the rollout of a new plane, the 777X, to 2026 instead of 2025. It will also stop building the cargo version of its 767 jet in 2027 after finishing current orders. Boeing plans to lay off […]
PA Media Rail companies admit current ticketing system is complex and the government is promising reform Despite what the name suggests, an Anytime train ticket does not always mean you can travel on the railway at any time – if you’re using a young person’s railcard. Engineering graduate Sam Williamson discovered that earlier this week, […]
NEW DELHI: About 193 companies, ranging from Reliance Industries, Larsen & Toubro, Maruti Suzuki, Jubilant FoodWorks and Eicher Motors, have offered over 90,000 internships through the PM Internship scheme portal, which opens to applicants on Oct 12 evening.As of Friday, 90,849 internship opportunities have been posted by 193 companies, including major private sector players, sources […]