'World's first' bamboo crash barrier installed on Maharashtra highway, says Gadkari; calls it 'remarkable achievement'

In a tweet, Gadkari said, "An extraordinary accomplishment towards achieving #AatmanirbharBharat has been made with the development of the world's first 200-meter-long Bamboo Crash Barrier, which has

Heat may scorch fruit, vegetable output by 30%

While mango farmers have already reported massive flower and fruit drop, the sudden and early onset of summer will also adversely affect lychee, citrus fruits, watermelons, bananas, and cashew crops,

Supreme Court asks Authum Investments and Infrastructure to implement resolution plan for Reliance Home Finance

The court, however, said that dissenting debenture holders should be given the option to accept the terms of the resolution plan or they can pursue other legal remedies to recover their dues.

Indiabulls Housing to cut risk, grow co-lending in new avatar

As part of the changes, the company will launch a new brand and name in May this year. It also plans to merge its seven subsidiaries into the housing finance company to ensure a single-minded focus on

New India Assurance becomes second company to offer surety bonds

Surety bonds are legally enforceable tripartite contracts that guarantee compliance, payment and/or performance. The issuing insurer provides guarantee, for a premium, in case of a default in executio

SC puts on hold Bombay HC ruling on AT-1 bond write-off, relief for Yes Bank!

The Supreme Court on Friday issued notices to Axis Trustee Services Ltd on a batch of appeals filed by the Reserve Bank of India (RBI) and others challenging a Bombay High Court order quashing a decis

RBI imposes restrictions on Musiri Urban Co-operative Bank; caps withdrawal at Rs 5,000 per customer

The Reserve Bank of India on Friday imposed a Rs 5,000 cap on withdrawals by individual customers from Tamil Nadu-based Musiri Urban Co-operative Bank as part of several restrictions slapped on the le

Gujarat well on course to print better fiscal numbers in FY24: India Ratings

India Ratings expects fiscal deficit of the state to come in at 1.2 per cent as against the FY24 budget estimate of 1.8 per cent of gross state domestic product (GSDP), because of the "implausible cap

4-lane highways to connect all Andhra Pradesh ports at Rs 20,000 crore: Nitin Gadkari

The passing of three industrial corridors, Visakhapatnam - Chennai, Chennai - Bengaluru and Hyderabad - Bengaluru, through the state has been crucial for this decision.

Supreme Court extends stay on order quashing write-off of Yes Bank's AT1 bonds

The top court was hearing the appeal by Yes Bank against a Bombay High Court ruling that had set aside an administrator's decision to write off AT1 bonds worth 84.5 billion rupees ($1.03 billion) in M

RBI imposes Rs 3.06 crore penalty on Amazon Pay (India) for violation of norms

The central bank, however, added the penalty is based on deficiencies in regulatory compliance and not intended to pronounce upon the validity of any transaction or agreement entered into by the Amazo

Sebi asks mutual funds to stop B30 commissions

Sebi has clarified the fund houses may continue to pay B-30 incentives on inflows in B30 cities already received earlier.

High temperature unlikely to damage wheat crops, says Food Secretary Sanjeev Chopra

Food Secretary Sanjeev Chopra said the ban on wheat exports would continue, boosting the availability of grains for the government procurement. He said the government would procure around 35 million t

Jharkhand govt tables Rs 1.16 lakh cr budget for FY24 in assembly

The Jharkhand government on Friday tabled a Rs 1.16 lakh crore budget for the 2023-24 fiscal in the assembly. The budgetary estimates for FY24 were 15 per cent higher than the previous annual financia

PNB makes Positive Pay System mandatory for cheque payments worth Rs 5 lakh and above

In a move to safeguard customers from fraudulent payment of cheques, state-owned Punjab National Bank (PNB) has made the Positive Pay System (PPS) compulsory for cheque payments worth Rs 5 lakh and ab