HDFC Life & NKGSB Co-operative Bank have entered into a corporate agency tie-up, enabling NKGSB Co-operative Bank customers to avail of life insurance products from HDFC Life.
NKGSB Co-operative Bank is a multi-state co-operative bank and has been at the forefront of adding value to its products by establishing correspondent relationships.
Sunil Panse, MD of NKGSB Co-operative Bank.
The Reserve Bank of India (RBI) has extended the Payments Infrastructure Development Fund (PIDF) scheme till December 31, 2025. The scheme was first launched in 2021 for three years.
All eligible installations since the inception of the PM Vishwakarma Scheme, i.e., September 17, 2023, may prefer claims under the PIDF Scheme.
Hyundai Motor India has roped in popular Bollywood actress Deepika Padukone as its brand ambassador, the Korean automaker said.
Her association adds a touch of star power, emphasising Hyundai's commitment to style, performance and an unparalleled driving experience, the company said in a statement.
The 'UPI for Secondary Market' initiative is supported by key stakeholders, including clearing corporations, stock exchanges, depositories, stockbrokers, banks, and UPI app providers.
During this pilot, investors can block funds in their bank accounts, which will only be debited by the clearing corporations upon trade confirmation during settlement.
The Petroleum and Natural Gas Regulatory Board (PNGRB) has joined hands with the World Bank and initiated a study to develop pathways for transmission of Hydrogen in natural gas pipelines both on its own and as Hydrogen blended with Compressed Natural Gas (CNG).
Under the initiative of National Green Hydrogen Mission, the Government of India has taken significant steps.
India has emerged as a global force in steel production and the 2nd largest producer of steel in the world.
Domestic finished steel production stands at 89.711 million tonnes, which is 14.3% higher than corresponding period last year (CPLY).
The domestic steel consumption stood at 87.066 million tonnes, which is 14.9% higher than CPLY of 75.765 million tonnes.
Out of ₹1,67,518.6-crore special assistance(loan) allocated by Centre under the Scheme for Special Assistance to States for capital expenditure/investment, UP has been highest recipient, securing ₹22,857.9 crore(14% of the total release) over the last 4 years.
Ministry of Finance reveals that in FY2023-24, up to December 13, the State has already received ₹12,458.43 crore.
SEBI proposed changes to the verification of market rumours for listed companies, including relaxation on the 24-hour timeline, verification only on material impact on stock prices, and clarity on the pricing of preferential issuances, buybacks and deals.
It has included the suggestions of the Industry Standard Forum(ISF) for feedback.
The Indian Olympic Association (IOA)constituted a three-member ad hoc committee to run the day-to-day affairs of the WFI after the Sports Ministry suspended the wrestling national body for not following the provisions of its own constitution while taking decisions.
Wushu Association of India president Bhupinder Singh Bajwa will be the chairman of the panel.
The Cabinet Committee on Economic Affairs(CCEA) chaired by the Prime Minister Narendra Modi, gave its go ahead to construction of a bridge on Bihar and widening of a road in Tripura entailing an investment of over Rs 5500 crore.
CCEA approved a 4.56 km-long six-lane bridge over the Ganga connecting Digha and Sonepur in Bihar at a cost of Rs.3064.45 crore.
Union Environment Minister Bhupender Yadav launched the National Transit Pass System (NTPS) pan-India to facilitate the seamless transit of timber, bamboo, and other forest produce across the country.
NTPS is envisioned as a ‘One Nation-One Pass’ regime that will contribute to the ease of doing business.
India may be 15th among the top 25 Artificial Intelligence nations, but it has the ‘the greatest upward potential’ according to research by Tufts University’s business school, the Fletcher School.
At the top is the US, followed by China, fighting for global leadership in AI followed by the UK, Japan, and Germany.
In15th spot, India is ahead of Brazil, Argentina, Indonesia, Mexico, Turkey & Thailand.
Researchers with the prestigious Indian Institute of Technology-Madras (IIT-M) have developed 3D-printed face implants for people suffering from Black Fungus, whose numbers have increased post Covid-19 pandemic.
This new technology is expected to help patients with Black Fungus from economically-weaker sections due to its affordability.