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Adani Airports has appointed Mumbai International Airport chief Rajeev Jain as the CEO of its airports business, it said in a communique to staff. A veteran of 15 years at MIAL, Jain will now have the chiefs of all of Adani’s airport projects reporting to him. Jain will replace Ben Zandi who will now head […]
Adani Airports announces management rejig Read More »
Although transmission of deposit and lending rates has significantly improved in recent times, several factors continue to obstruct effective monetary transmission to these bank rates, the Reserve Bank of India (RBI) has said. The RBI Bulletin for July 2021 noted that the central bank has made several attempts to improve the effectiveness of monetary transmission
Several factors still hinder monetary transmission to bank rates: RBI Read More »
National Payment Corporation of India (NPCI) is in talks with several global agencies to expand the global footprint of indigenous payment networks RuPay and UPI (unified payment interface), possibly in West Asia, the United States, and Europe. “We are aiming to expand RuPay and UPI acceptance across world destinations, where Indians travel for holidays, study
NPCI in talks to take UPI RuPay to global markets Read More »
Tokyo 2020 will be the very first time in Olympic history that the Olympic cauldron will be powered with hydrogen, marking the Olympic Movement’s commitment to a more sustainable world. Lighting the Olympic cauldron formally marks the end of the torch relay and symbolises the continuity between the ancient and modern Games. As climate change
Tokyo 2020: Hydrogen shows promises of a carbon-free future Read More »
The Central Universities Common Entrance Test (CUCET) for undergraduate admission will not be implemented from the 2021-22 academic session in view of the coronavirus pandemic, the University Grants Commission (UGC) announced on Sunday. The Ministry of Education had earlier announced that the admission to the universities will be based on a common entrance test. “In
India recorded the greatest increase in the world in the number of children not receiving a first dose of diphtheria-tetanus-pertussis combined vaccine in 2020, the UN has said, noting with concern that 23 million children globally missed out on basic vaccines through routine immunisation services last year due to disruptions caused by COVID-19. Data from
Samsung Electronics is expected to unveil its latest foldable smartphones next month with lower price tags compared with its predecessors, industry sources said on Saturday. The South Korean tech giant is expected to start sales of the Galaxy Z Fold3 at around 1.99 million won ($1,744), which is 17 percent lower than the 2.39 million
Samsung to launch new foldable phones with lower price tags Read More »
Global cues pushed petrol prices up again across the country by 30 paise per litre to Rs 101.84 a litre in Delhi, adding further pressure to the stretched budgets of consumers grappling with rising food prices amidst shrinking income. However, unlike uniform price movement earlier, this time around while the pump price of petrol saw
Petrol price goes up on Saturday diesel rate remains unchanged Read More »
NAGPUR: The state urban development department has asked the Nagpur Municipal Corporation (NMC) to hand over all Gunthewari layouts to the Nagpur Improvement Trust (NIT). Along with seven schemes, NIT would be responsible for development and improving basic amenities in these layouts. “In accordance with the state government’s order, the NMC will hand over all
Supreme Court sets aside HC order on flat owners Right on common areas The Supreme Court has set aside a Punjab and Haryana High Court order, accepting the plea of flat owners of a residential society developed by DLF Ltd at Gurgaon, that they have an undivided interest in common areas and facilities including schools
NEW DELHI: Realtors’ body NAREDCO has sought from the government one-time restructuring of loans and last-mile funding for stalled projects to save the realty sector from the liquidity crisis triggered by the pandemic. A delegation led by NAREDCO-Uttar Pradesh Chairman R K Arora met Finance Minster Nirmala Sitharaman in this regard on Thursday. It also
Over the past three years,Chennai has been one of the better markets in India as far as the residential space is concerned. The year began with not so good sentiments across the country which also had its bearing on Chennai. Sales during the initial quarter was sluggish,there was however some respite in between with a
Residential space: Chennai poised for take off Read More »