NSIC to support five lakh micro or small-scale enterprises get into e-commerce
The National Small Industries Corporation (NSIC) will support five lakh people, mainly women and those from scheduled caste/scheduled tribe communities, get into digital selling platform in the next three years. Vidya Sagar Singh, Senior General Manager (Digital Services Facilitation) of the NSIC, told The Hindu on Saturday that the Central
Yes Bank Q3 net profit surges 165% to ₹612 crore
Yes Bank for the third quarter ended December 31, 2024 reported 164.5% growth in net profit at ₹612 crore over the year ago period. The bank’s net interest income (NII) for the quarter grew Year on Year (YoY) to ₹2,224 crore. Net interest margin (NIM) at 2.4% remained flat YoY.
India-Indonesia forge ties: AMFI and AMII ink landmark MoU in investment management
The Association of Mutual Funds in India (AMFI) and the Asosiasi Manajer Investasi Indonesia (AMII), the Indonesian Investment Managers Association, signed a Memorandum of Understanding (MoU) on Saturday to strengthen bilateral relations and enhance cooperation between the mutual fund industries of India and Indonesia. The MoU was signed and exchanged
Centre finally notifies Unified Pension scheme option for government staff covered by NPS
Photo used for representation purpose only. | Photo Credit: Getty Images/iStock The Unified Pension Scheme shall be applicable to such Central Government employees who are already covered under NPS and who “choose” the UPS option, the notification said, indicating workers will have to actively enroll into the UPS. “The existing
Government notifies Unified Pension Scheme, to be effective from April 1
The Finance Ministry has notified Unified Pension Scheme (UPS) as an option under National Pension System (NPS). It will come into effect from April 1 this year and has potential to benefit 23 lakh employees. This will be available for government servants who have joined the service on or after
India’s electric car penetration to surge to 9 per cent by FY30: Nomura Report
The penetration of electric cars in India is projected to rise significantly, reaching 9 per cent by FY30 from the current 2 per cent, according to a report by Nomura. This shift is part of the country’s broader transition toward sustainable and eco-friendly mobility solutions. The report highlighted that electric
Vizag-bound Air India Express flight returns to Bengaluru due to technical issue
An Air India Express flight traveling from Bengaluru to Visakhapatnam on Saturday returned to the airport here due to a technical issue, airport officials said. The flight, which took off at 10 am, circled over Bengaluru before returning to the airport from where it had originally departed. Airport officials clarified
Campco expresses concern over unfair areca import practices, seeks strict regulations to curb them
Expressing concerns over unfair arecanut import practices by some people, the Central Arecanut and Cocoa Marketing and Processing Cooperative (Campco) Ltd has urged the Government to implement stronger regulations to protect the interests of domestic growers. In a letter to the Union Commerce Minister, Piyush Goyal, the Campco President, A Kishore
Impact of Basmati price volatility in key international markets for Indian exporters
One of the most integral parts of India’s agricultural exports, the global Basmati rice market often experiences price fluctuations. Since Basmati rice is cultivated in only India and Pakistan in the world, with the former producing the giant’s share of the total cultivation, price volatility leads to considerable implications on
Cultivating change: The significance of mushrooms in sustainable agriculture and commodity markets
The global market for edible mushrooms has seen remarkable growth, with India emerging as a key player in this expanding industry. By 2024, the market was estimated to be valued at around $67.4 billion, projected to reach $97.1 billion by 2029, with a compound annual growth rate (CAGR) of 7.57