FM released Rs 45,000 cr to states as addition devolution in FY21
The finance ministry released Rs 45,000 crore as additional devolution to states in FY 2020-21, an increase of 8.2% over RE 2020-21. As per...
Govt spending grows 53% YoY in February, but it’s still not enough
The centre has stepped up spending further in the eleventh month of fiscal 2021. Government expenditure grew almost 53 per cent in February on...
Designs of hydropower projects compliant with Indus Treaty: India tells Pak
India has told Pakistan that the designs of the Pakal Dul and the Lower Kalnai hydropower projects in Jammu and Kashmir, over which Islamabad...
NHSRCL signs deal with L&T-IHI consortium for Bullet train project
The National High Speed Rail Corporation Limited (NHSRCL) on Monday signed a contract agreement for procurement and fabrication of 28 steel bridges with the...
Fraudulent transactions of Rs6,182 crore in DHFL unearthed
Transaction auditor Grant Thornton, in a report shared with the Administrator of DHFL, has found certain transactions which are undervalued, fraudulent and preferential in nature, putting the...
NHSRCL opens technical bids for Sabarmati maintenance depot for Mum-Ahmedabad Bullet train project
The National High Speed Rail Corporation Limited (NHSRCL) on Friday opened the technical bids for the construction of Sabarmati Maintenance depot for 508-km Mumbai-Ahmedabad...
Systematic Investment Plan: Your Key to Financial Success
A mutual fund is a pool of professionally managed funds that invest in a portfolio of securities and other money market instruments. Depending on...
Global Funds: Your ticket to investing in foreign markets
Mutual funds are a pool of professionally managed funds that invest in a diversified portfolio of securities for income generation and long term capital...
L&T Finance Holdings Rights Successfully Oversubscribed
L&T Finance Holdings Limited (“LTFH” or “Company”), one of the leading private sector Non-Banking Financial Companies in India*, present in businesses including rural finance,...
Upcoming terminals to lower utilisation of Petronet’s Dahej
The upcoming gas import terminals in Chhara and Jafrabad in Gujarat will likely lower the utilisation levels of Petronet LNG’s Dahej station, analysts say. Noting...