PRESS NOTE 3
Govt starts taking call on Chinese investments, Indian cos Press (Note) 3 Dixon Technologies is preparing to file for Press Note 3 clearance for its proposed joint venture with HKC Corp for manufacturing liquid crystal modules, thin film transistor liquid crystal display modules and assembly of smartphones and televisio...
24 Jun, 2024, 05.30 AM ISTMay auto retails impacted by heatwave and elections, dip 5.3% MoM: FADA In May, auto retail sales dropped by 5.28% from the previous month, influenced by the heatwave and the recent Lok Sabha elections, according to FADA. However, annual figures showed a 2.6% increase. Two-wheelers and commercial vehicles saw year-on-ye...
10 Jun, 2024, 10.12 AM ISTRBI MPC Meeting 2024 at a glance: Here's a one-stop guide to all key decisions The Reserve Bank of India's Monetary Policy Committee (MPC) has decided to maintain the current interest rate at 6.5%, following a 4:2 majority decision. The panel projected real GDP growth for FY25 to be 7.2%, up from 7%. The MPC is also maintainin...
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04 Jun, 2024, 10.53 PM ISTPM Modi is always 3X the next person, he is there for long time: BJP's K Annamalai Tamil Nadu BJP president K Annamalai has defended Prime Minister Narendra Modi's "3X" superiority in terms of fitness and mental attitude during the poll campaign. Annamalai compared Modi to younger rivals like Rahul Gandhi, stating that he is far s...
23 May, 2024, 04.28 PM ISTUNGA President invokes Gandhi to call for protection of journalists UN General Assembly President Dennis Francis underscores the importance of protecting press freedom, journalists, and media workers worldwide, emphasizing the need for accountability and upholding democratic values.
04 May, 2024, 05.53 PM ISTS&P 500, Nasdaq end lower after Fed rate decision, Powell press conference The Federal Open Markets Committee concluded its two-day monetary policy meeting with a unanimous decision to let the Fed funds target rate stand at 5.25%-5.50%.
02 May, 2024, 07.52 AM ISTWeb3 sector seeks regulatory clarity on crypto trading The Bharat Web3 Association (BWA) proposed that the government either form a panel to discuss model legislation in consultation with the industry or release a discussion paper on the subject within the first 100 days of forming the new government
25 Apr, 2024, 10.41 PM ISTIndia's economy to grow at 8-8.3 pc in current fiscal: PHDCCI PHDCCI predicts India's economy to grow at 8-8.3% this fiscal year, reaching a GDP of USD 34.7 trillion by 2047. Emphasis on key enablers like semiconductor industry, startup ecosystem, and export volume enhancement.
17 Apr, 2024, 08.08 PM ISTPress Freedom in China: Local authorities stifle state-run CCTV Last month China Central Television (CCTV) following an incident outlined the role of journalists and their relationship to the public — and what rights they should and do have.
04 Apr, 2024, 08.10 AM ISTApple set to launch new iPad Pro and iPad Air? Check date and details Apple is gearing up to launch new iPad Pro and iPad Air models in May, following delays due to software updates and manufacturing challenges. The upcoming iPads will feature significant upgrades such as OLED displays, powerful M3 chips, MagSafe wire...
30 Mar, 2024, 06.06 PM ISTQ3 Results: How did 5 key sectors perform during the quarter? Insights from management commentaries provide indicators of the Indian economy's health in Oct-Dec quarter. IT sector revenue growth remains muted. Pharma sector sees promising PAT growth. Banking sector experiences robust credit growth. Auto sector...
25 Feb, 2024, 10.58 AM ISTRBI yet to receive ₹2000 notes worth ₹8,897 crore as of Jan 31st The Reserve Bank of India (RBI) has yet to receive ₹2000 banknotes worth ₹8,897 crore, according to the latest update as of January 31, 2024. The RBI had previously announced the withdrawal of the ₹2000 denomination banknotes from circulation, and t...
01 Feb, 2024, 06.09 PM ISTFlipkart’s mega fundraise; investors press for transparency from Byju Raveendran The fresh fundraise is likely to value Flipkart at about a 5-10% premium to its latest valuation of around $33 billion, the people said requesting anonymity.
22 Dec, 2023, 08.46 AM IST87 pc of Rs 2,000 notes back in banks, Rs 12,000 cr of currency yet to return, says Shaktikanta Das Reserve Bank Governor Shaktikanta Das announced that 87% of the Rs 2,000 denomination notes being withdrawn have been returned as bank deposits, while the rest has been exchanged. He also stated that Rs 12,000 crore worth of Rs 2,000 notes are yet t...
06 Oct, 2023, 03.27 PM ISTRBI extends deadline to return Rs 2,000 banknotes till Oct 7 The Reserve Bank of India (RBI) has extended the deadline for exchanging Rs 2,000 notes until October 7, 2023. According to the RBI, about 96% of the Rs 2,000 banknotes have been returned to the banking system since the decision to withdraw the note...
30 Sep, 2023, 06.24 PM ISTWill you be able to exchange, deposit 2000 notes in banks after new RBI deadline of Oct 7? RBI clarifies The Reserve Bank of India (RBI) has now clarified what will happen to Rs 200 currency notes when new deadline of October 7, 2023 expires.
30 Sep, 2023, 05.32 PM ISTToday is the last date to exchange Rs 2,000 notes: Where, how to exchange, limits, charges, documents Deposits into bank accounts can be made normally, that is, without limits and in accordance with current directives and other relevant RBI guidelines.
30 Sep, 2023, 10.40 AM ISTPhonePe says it is fully compliant with Press Note 3: MoS Finance Pankaj Chaudhary Under PN3, all FDI proposals from entities based in a country that shares a land border with India or where the beneficial owner of such FDI is based in a country that shares a land border with India, will only be allowed after government approval.
08 Aug, 2023, 06.05 PM ISTVoltas terminates JV pact with Highly as it fails to get govt approval In May last year, Voltas had said it had executed a joint venture agreement with Highly International (Hong Kong), to engage in the business of design, development, manufacture, marketing, sale and service of inverter compressors for room ACs, motor...
26 Apr, 2023, 10.35 PM IST