Month: June 2023

India’s seafood exports rose by 4.31 per cent to USD 8.09 billion in 2022-23 on account of a jump in the shipments of frozen shrimp, the commerce ministry said today. … Read More

Jettwings Airways, the newest entrant in the aviation sector, today announced that it has received the no objection certificate (NOC) to operate Scheduled Commuter Air Transport Services in the country … Read More

Strong domestic demand, improving credit conditions for bank borrowers, and strengthened solvency and funding of Indian financial institutions will support credit quality | The Hindu

Inflation in food articles eased to 1.51 per cent in May, against 3.54% in April. | The Hindu

Wholesale price-based inflation rate declined by (-) 3.48 per cent in May, a 3-year low, on easing prices of food, fuel and manufactured items. The wholesale price index (WPI) based … Read More

The unions called RBI’s recent framework a “detrimental step that may compromise the integrity of the banking system” | The Hindu

Bank unions AIBOC and AIBEA have opposed the Reserve Bank’s move to allow lenders to settle loans of wilful defaulters under compromise settlement. The RBI’s recent ‘framework for compromise settlements … Read More

The stock touched a new intraday high of ₹1,00,300 on the BSE, before paring some gains to end the day 1.02% higher at ₹99,950.65. On the NSE, MRF touched an … Read More

Telecom regulator TRAI has directed all telcos to deploy Artificial Intelligence and Machine Learning based systems to detect, identify, and act against senders of commercial communication who are not registered … Read More

SBI Mutual Funds has been advised, by IRDAI, to ensure that its total shareholding, including those of group entities or body corporate under the same management, not exceed 10% of … Read More