Business

Rs 53cr 15th FC grant for rural governance

Bhubaneswar: The Union government has released over RS 1,536 crore as 15th Finance Commission (XV-FC) grants to strengthen Panchayati Raj Institutions (PRIs) across eight states, with Odisha receiving Rs 53.13 crore aimed at improving rural governance and essential services. According to the Ministry of Panchayati...

CAG: 7 SPSEs incurred Rs 794.98cr loss in FY23

Bhubaneswar: Seven state public sector enterprises (SPSEs) incurred a loss of Rs 794.98 crore during FY 2022–23, up from Rs 453.11 crore in FY 2021–22, the Comptroller and Auditor General of India (CAG) said Tuesday. The CAG audited the financial performance of the SPSEs for...

Impact of job change on personal loan approval and active EMIs

Changing jobs is a common career move, especially in a dynamic employment market like India. Whether driven by better pay, growth opportunities, or work-life balance, job transitions are part of professional life. However, when loans are involved, especially personal loans, a job change can raise...

Indian trade delegation visits China after five-year freeze

Indian trade delegation visits China after five-year freeze

Beijing: An Indian Chamber of Commerce delegation is currently visiting China to interact with their counterparts, marking the first such visit after the five-year freeze in relations. A delegation of the Punjab, Haryana, Delhi, Chambers of Commerce and Industry (PHDCCI) is on a visit to...

Rupee

Rupee breaches 95/USD level; settles at 94.78 against US dollar

Mumbai: The rupee Monday breached the 95/USD-mark in intra-day trade Monday and settled at 94.78 (provisional) against the American currency after Iran war escalation jolted global markets, fuelling rupee volatility and risk-off sentiment. Forex traders said the USD/INR pair witnessed high volatility and swung 165...

Direct Flights

China resumes direct flights to North Korea after six years

Beijing: China's flag carrier resumed direct flights between Beijing and North Korea's capital of Pyongyang Monday not long after the restoration of passenger train services between the capitals. The Air China flight was welcomed by the Chinese ambassador to North Korea, Wang Yajun, and other...

 

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