Business

Reserve Bank of India (RBI), has maintained its inflation forecast for the current fiscal year at 4.5%, indicating that the inflation target is within reach. This comes amidst concerns over a hot summer ahead, rising crude oil prices, and ongoing supply chain disruptions due to the Red Sea crisis. RBI Governor and MPC Chair Shaktikanta Das compared the current scenario ...

A commercial plant for the recycling of lithium-ion batteries (LIB) and electronic waste (e-waste) is going to establish in Uttarakhand shortly. The plant will be dedicated to the recycling of LIBs and e-waste. This is expected to commence operations soon. Its objective is to address the growing concern of electronic waste accumulation, particularly from used batteries, which can pose environmental ...

Metal stocks witnessed a significant rally on the stock market after positive economic data from China. Hindustan Copper, in particular, surged by 9% in response to the favorable news. This surge was driven by robust economic indicators from China, indicating strong demand for metals. The news lifted sentiments across the metal sector, with many companies experiencing notable gains in their ...

Uttarakhand’s Chief Minister Pushkar Singh Dhami has described the budget presented in the Uttarakhand Assembly on Tuesday as holistic, inclusive, balanced & development oriented. CM Dhami said that the Prime Minister Narendra Modi has mentioned the four pillars of developed India- poor, youth, women & farmers and the budget presented today by our government is dedicated to these. CM Dhami ...

DAINIK NATION BUREAU : The state of Gujarat has marked a significant upswing in the number of taxpayers declaring an annual income of Rs 1 crore or more, showcasing an astonishing 49 percent increase during the assessment year 2022-23, as unveiled by data released by the Central Board of Direct Taxes (CBDT). According to a report by TOI, the official ...

DAINIK NATION BUREAU : India’s retail inflation rate has surged to 7.44% in July, marking the first breach of the Reserve Bank of India’s (RBI) tolerance limit in five months. This unexpected increase in inflation raises concerns about its impact on the economy, consumers, and policymakers. The rising cost of essential goods and services could potentially affect household budgets and ...

DAINIK NATION BUREAU : Air India has unveiled its new logo “The Vista” along with a contemporary aircraft livery. This significant rebranding effort comes as Air India seeks to modernize its image and enhance its appeal to both domestic and international travelers. The new logo and livery are not only a visual transformation but also symbolize the airline’s determination to ...

DAINIK NATION BUREAU The topic of loan recovery has long been a contentious issue in the financial landscape of India. Amidst the challenges posed by economic downturns and the impact of the pandemic, the need for recovering loans without causing undue distress to borrowers has been a subject of concern. Union Finance Minister Nirmala Sitharaman addressed the issue, instructing banks ...

DAINIK NATION BUREAU :In a move aimed at safeguarding the nation’s food security, the Indian government has recently imposed a ban on the export of non-basmati white rice. This decision comes amidst growing concerns over global food crises and a need to ensure an adequate supply of essential commodities for the country’s population. The ban, though posing challenges for rice ...

In a surprising turn of events, the withdrawal of Rs 2,000 denomination notes has led to a substantial surge in deposits, resulting in a six-year high of Rs 191.6 lakh crore in June, according to a recent report. The move to withdraw high-value currency notes and encourage digital transactions seems to have influenced consumer behavior. It has prompted individuals to ...