Business

Bhubaneswar: The Odisha government has decided to procure potatoes from Uttar Pradesh through NAFED (National Agricultural Cooperative Marketing Federation of India Ltd) to stem the potato crisis in the eastern state. Food Supply and Consumer Welfare Minister KC Patra said the decision has been taken...

New Delhi: PhonePe Friday announced the launch of a ‘pre-approved term life insurance’ feature on its platform. The feature aims to make insurance coverage more accessible and affordable for millions of Indians by waiving the requirement for proof of income at the time of policy...

Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi asked Coal India subsidiary MCL and other central PSUs in the sector to give priority to engage local people as the state accounts for 20 per cent of the domestic dry fuel production. Majhi also directed the authorities...

Mumbai: The Reserve Bank has decided to enhance the limit for tax payments through UPI from Rs 1 lakh to Rs 5 lakh per transaction, RBI Governor Shaktikanta Das announced Thursday. “UPI has become the most preferred mode of payment, due to its seamless features....

Mumbai: The RBI aims to reduce the clearing time required for bank cheques to a few hours as part of a major step to facilitate the ease of doing business in the country, RBI Governor Shaktikanta Das said Thursday. At present, cheque clearing through the...

New Delhi: India’s domestic economic activity continues to sustain its momentum on the strength of investment demand, steady urban consumption and rising rural consumption, RBI Governor Shaktikanta Das said Thursday. Taking all the factors into consideration the country’s real GDP growth for 2024-25 is projected...

Mumbai: The country's forex reserves touched a record high of USD 675 billion August 2, Reserve Bank Governor Shaktikanta Das said Thursday. The previous all-time high for the kitty was USD 670.857 billion July 19 this year, and the last reported reserve was USD 667.386...

Mumbai: The Reserve Bank Thursday proposed to create a public repository of digital lending apps in a bid to address the problems arising from mushrooming unauthorised players in the segment. In another significant move, the central bank proposed to introduce a facility of "Delegated Payments"...

Mumbai: The Reserve Bank of India Thursday decided to keep the policy rate unchanged for the ninth time in a row, saying food inflation remains stubborn. The rate increase cycle was paused in April last year after six consecutive rate hikes, aggregating to 250 basis...

Bhubaneswar: The Odisha government Wednesday sought US investment for setting up a semiconductor plant in the state, an official statement said. Odisha Chief Minister Mohan Charan Majhi, during his meeting with US Consul General in Hyderabad, Jennifer Larson, who visited the state, called for American...