Axis Bank trades higher on the BSE

Axis Bank is currently trading at Rs. 1237.90, up by 6.40 points or 0.52% from its previous closing of Rs. 1231.50 on the BSE. The scrip opened at Rs. 1237.55 and has touched a high and low of Rs. 1238.25 and Rs. 1227.60 respectively. So far 54036 shares were traded on the counter. The BSE … Read more

Credit profiles of flexible packaging players will continue to remain subdued this fiscal: Crisil

Crisil ratings in its latest report has said that credit profiles of flexible packaging players will continue to remain subdued this fiscal on elevated debt levels, which had burgeoned, over the past three fiscals due to sizeable capacity expansions. However, steady domestic demand (accounting for around 75% of sectoral volumes) and negligible capacity additions will … Read more

Rupee among least volatile currencies globally: Shaktikanta Das

The rupee has emerged as one of the least volatile currencies worldwide, remaining "very stable against the US dollar" and the volatility index, the Reserve Bank of India (RBI) Governor Shaktikanta Das has said.  According to Das, the central bank’s stated policy is to prevent excessive volatility of the rupee. “Stable rupee fosters confidence among … Read more

India, US hail collaboration to drive clean energy transition

India and the US are making significant progress to drive energy innovation, strengthen energy security and accelerate clean energy transitions, including through more focused efforts on clean energy manufacturing and building resilient, responsible, stable, secure and diversified supply chains, it was announced on Tuesday.  According to the India and US Strategic Clean Energy Partnership (SCEP) … Read more

World problems can`t be solved without India`s involvement: German Minister

Germany's Development Minister Svenja Schulze, who is on a three-day visit to Gujarat to represent her country at the 4th Global Renewable Energy Investor's (RE-INVEST) meet here, has said that the problems of the world cannot be solved without India's involvement. In an exclusive conversation with IANS on Monday, Schulze, who is leading a delegation … Read more

Make `BHASKAR` one-stop digital platform for Indian startups: Piyush Goyal

Union Commerce Minister Piyush Goyal on Monday launched the Bharat Startup Knowledge Access Registry (BHASKAR) initiative, saying the platform will help bring hope, aspirations and success for the entrepreneurs to kickstart ambitious revolutions in the country.  Launched under the ‘Startup India’ programme in the national capital, BHASKAR — meaning ‘Rising Sun’ — has been aptly … Read more

Finance Minister to launch New Pension Scheme 'Vatsalya' for children on Sep 18

Finance Minister Nirmala Sitharaman is scheduled to launch the New Pension Scheme (NPS) 'Vatsalya' in New Delhi on September 18, which will be joined by schoolchildren.  Announced in the Union Budget 2024, the scheme will allow parents to contribute a certain amount on behalf of their children towards NPS to secure their future and help … Read more