Mudra loan NPA 2.68% of advances as of June 2023: Govt data
The total non-performing assets (NPAs) as a percentage of credit disbursed under the Pradhan Mantri MUDRA Yojana (PMMY)as of June, 2023 stood at 2.68 per cent, according to the data shared by Bhagwat Karad, Minister of State in the finance…
2023 Year-ender: Strategic defence approvals and contracts this year – Here is all you want to know
In the year 2023, proposals exceeding Rs 3.50 lakh crore were approved, reflecting a commitment to enhance the operational preparedness of the Armed Forces. DAC Approvals: A Comprehensive Overview July witnessed DAC’s approval for the procurement of 26 Rafale Marine…
Nykaa’s shares soar on Q2 results; Should you buy, hold or sell the stock?
The stock price of FSN E-Commerce Ventures, the operator of online beauty and fashion retailer Nykaa soared over 5% to Rs 154.8 a day after the company posted a profit of Rs 7.80 crore during the second quarter of FY24,…
After old age homes, now real estate offerings for differently abled
Pune-based real estate developer Paranjape Schemes has launched a first-of-its-kind dedicated residential real estate project conceived, designed and developed for children with special needs and their families. Shashank Paranjape, MD, Paranjape Schemes, said children with autism spectrum disorder, intellectual disabilities,…
Schools in Jharkhand to remain closed from December 26-31 due to severe cold
All government and private schools in Jharkhand will remain closed from December 26 to 31, 2023 due to the prevailing cold wave-like conditions in the state, according to an official notification released on Thursday. On Wednesday night, the minimum temperature…
Reserve Bank of India: A sledgehammer approach
The Reserve Bank of India’s (RBI) decision to come down heavily on banks and non-banking finance companies (NBFCs) to curb “evergreening” of loans is full of good intentions. Per its latest circular, a regulated entity will not be allowed to…
Unleashing India’s potential; empowering workforce through online education
By Mayank Dhaundiyal Indian stock market indices have surged to all-time highs, with the Sensex surpassing 67,000 and the Nifty approaching the 20,000 level. Foreign and domestic investments reflect high confidence in India’s economy and its future potential. Despite global…
IREDA shares set to debut on bourses; GMP looks favourable
Indian Renewable Energy Development Agency’s shares are scheduled to debut on the bourses today. Ahead of its listing, IREDA’s shares’ GMP surged 37.5%, indicating a favourable listing. IREDA opened for subscription on Tuesday, November 21, 2023, and closed on Thursday,…
US EB-5 visa, a unique and attractive opportunity for Indians to achieve American dream
By Varun Singh The United States of America is a land of opportunities, freedom, and diversity. For many Indians, it is also a land of dreams. A dream to pursue higher education, to work in a global market, to start…
PSP Projects bags Rs 159 crore order in Gujarat
PSP Projects on Friday said it has bagged an order worth Rs 158.61 crore in Gujarat. Under the project, the company will engage in civil, mechanical, electrical and plumbing work for a street for Gandhinagar Municipal Corporation. “The company has…
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