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IndiaTV Business: Google News Feed: Digest for August 29, 2023

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Union Minister of State for Communications Devusinh Chauhan on Friday launched the indigenously developed cyber threat detection and resolution system Trinetra. It has been launched on the 40th Foundation Day of C-DOT, an official statement said.
Power cables and aluminium conductors manufacturer Godha Cabcon & Insulation has secured an order worth more than Rs 560 million. The firm said it has struck a deal with Overseas Metal & Alloys for the supply of a vast quantity of materials, including 4 Core HT Power Cables and Aluminum ACSR Weasel Conductor of the length 120 kms each.
An inspection team of the Directorate General of Civil Aviation (DGCA) has found lapses in the internal safety audits of Air India, according to officials.
In a bid to maintain adequate local stock and keep domestic prices under control, the Central government has imposed a 20 per cent export duty on parboiled rice,  the Ministry of Finance on Friday said in a notification. The export duty, imposed on August 25, will be applicable until October 16, 2023.
State Bank of India Chairman Dinesh Khara is likely to get an extension as the government is considering relaxing the retirement age of chiefs of all public sector banks and LIC.
The government is considering a proposal to include electric vehicles (EVs) in the priority sector lending category, a senior official said on Saturday. "The government has received a representation to include EVs in the priority sector. RBI will look at reworking the priority sector lending requirements for banks," the official said.
President Droupadi Murmu will inaugurate the National Smart City Convention in Indore on September 27. Organised by the Union Housing and Urban Affairs Ministry, the convention will see at least 2,000 delegates from 100 smart cities take part.
Non-banking finance companies (NBFCs) have been consistently growing since the second half of FY22, coinciding with the phased reopening of the economy since the Covid pandemic. This growth momentum further accelerated in FY23 and in the first quarter of FY24, with NBFCs seeing a remarkable change in their asset base.
Foreign direct investment (FDI) into India declined 34 per cent to USD 10.94 billion during April-June 2023-24, dragged by lower inflows in computer hardware and software, telecom, auto and pharma, according to government data. FDI inflows stood at USD 16.58 billion during April-June 2022-23. Inflows during January-March 2023 too had contracted 40.55 per cent to USD 9.28 billion.
The government has decided not to allow exports of basmati rice below USD 1,200 per tonne to restrict possible "illegal" shipment of white non-basmati rice in the garb of premium basmati rice. In a statement on Sunday, the commerce ministry said it has directed trade promotion body APEDA not to register contracts below USD 1,200 per tonne.
Union Minister of State for Communications Devusinh Chauhan on Friday launched the indigenously developed cyber threat detection and resolution system Trinetra. It has been launched on the 40th Foundation Day of C-DOT, an official statement said.
Power cables and aluminium conductors manufacturer Godha Cabcon & Insulation has secured an order worth more than Rs 560 million. The firm said it has struck a deal with Overseas Metal & Alloys for the supply of a vast quantity of materials, including 4 Core HT Power Cables and Aluminum ACSR Weasel Conductor of the length 120 kms each.
An inspection team of the Directorate General of Civil Aviation (DGCA) has found lapses in the internal safety audits of Air India, according to officials.
In a bid to maintain adequate local stock and keep domestic prices under control, the Central government has imposed a 20 per cent export duty on parboiled rice,  the Ministry of Finance on Friday said in a notification. The export duty, imposed on August 25, will be applicable until October 16, 2023.
State Bank of India Chairman Dinesh Khara is likely to get an extension as the government is considering relaxing the retirement age of chiefs of all public sector banks and LIC.
The government is considering a proposal to include electric vehicles (EVs) in the priority sector lending category, a senior official said on Saturday. "The government has received a representation to include EVs in the priority sector. RBI will look at reworking the priority sector lending requirements for banks," the official said.
President Droupadi Murmu will inaugurate the National Smart City Convention in Indore on September 27. Organised by the Union Housing and Urban Affairs Ministry, the convention will see at least 2,000 delegates from 100 smart cities take part.
Non-banking finance companies (NBFCs) have been consistently growing since the second half of FY22, coinciding with the phased reopening of the economy since the Covid pandemic. This growth momentum further accelerated in FY23 and in the first quarter of FY24, with NBFCs seeing a remarkable change in their asset base.
Foreign direct investment (FDI) into India declined 34 per cent to USD 10.94 billion during April-June 2023-24, dragged by lower inflows in computer hardware and software, telecom, auto and pharma, according to government data. FDI inflows stood at USD 16.58 billion during April-June 2022-23. Inflows during January-March 2023 too had contracted 40.55 per cent to USD 9.28 billion.
The government has decided not to allow exports of basmati rice below USD 1,200 per tonne to restrict possible "illegal" shipment of white non-basmati rice in the garb of premium basmati rice. In a statement on Sunday, the commerce ministry said it has directed trade promotion body APEDA not to register contracts below USD 1,200 per tonne.
Power cables and aluminium conductors manufacturer Godha Cabcon & Insulation has secured an order worth more than Rs 560 million. The firm said it has struck a deal with Overseas Metal & Alloys for the supply of a vast quantity of materials, including 4 Core HT Power Cables and Aluminum ACSR Weasel Conductor of the length 120 kms each.
An inspection team of the Directorate General of Civil Aviation (DGCA) has found lapses in the internal safety audits of Air India, according to officials.
In a bid to maintain adequate local stock and keep domestic prices under control, the Central government has imposed a 20 per cent export duty on parboiled rice,  the Ministry of Finance on Friday said in a notification. The export duty, imposed on August 25, will be applicable until October 16, 2023.
State Bank of India Chairman Dinesh Khara is likely to get an extension as the government is considering relaxing the retirement age of chiefs of all public sector banks and LIC.
The government is considering a proposal to include electric vehicles (EVs) in the priority sector lending category, a senior official said on Saturday. "The government has received a representation to include EVs in the priority sector. RBI will look at reworking the priority sector lending requirements for banks," the official said.
President Droupadi Murmu will inaugurate the National Smart City Convention in Indore on September 27. Organised by the Union Housing and Urban Affairs Ministry, the convention will see at least 2,000 delegates from 100 smart cities take part.
Non-banking finance companies (NBFCs) have been consistently growing since the second half of FY22, coinciding with the phased reopening of the economy since the Covid pandemic. This growth momentum further accelerated in FY23 and in the first quarter of FY24, with NBFCs seeing a remarkable change in their asset base.
Foreign direct investment (FDI) into India declined 34 per cent to USD 10.94 billion during April-June 2023-24, dragged by lower inflows in computer hardware and software, telecom, auto and pharma, according to government data. FDI inflows stood at USD 16.58 billion during April-June 2022-23. Inflows during January-March 2023 too had contracted 40.55 per cent to USD 9.28 billion.
The government has decided not to allow exports of basmati rice below USD 1,200 per tonne to restrict possible "illegal" shipment of white non-basmati rice in the garb of premium basmati rice. In a statement on Sunday, the commerce ministry said it has directed trade promotion body APEDA not to register contracts below USD 1,200 per tonne.
Bank Holidays September 2023: Banks will be closed for 16 days in September due to national and regional holidays. Banks in some states will be closed once a year in Sri Krishna Janmashtami, Ganesh Chaturthi, Maharaja Hari Singh Ji and in September in Hari Raya. If you are planning to go to the bank this month, be sure to check your bank's holiday hours to avoid any problems. Online banking services and ATMs across the country will operate daily.
An inspection team of the Directorate General of Civil Aviation (DGCA) has found lapses in the internal safety audits of Air India, according to officials.
In a bid to maintain adequate local stock and keep domestic prices under control, the Central government has imposed a 20 per cent export duty on parboiled rice,  the Ministry of Finance on Friday said in a notification. The export duty, imposed on August 25, will be applicable until October 16, 2023.
State Bank of India Chairman Dinesh Khara is likely to get an extension as the government is considering relaxing the retirement age of chiefs of all public sector banks and LIC.
The government is considering a proposal to include electric vehicles (EVs) in the priority sector lending category, a senior official said on Saturday. "The government has received a representation to include EVs in the priority sector. RBI will look at reworking the priority sector lending requirements for banks," the official said.
President Droupadi Murmu will inaugurate the National Smart City Convention in Indore on September 27. Organised by the Union Housing and Urban Affairs Ministry, the convention will see at least 2,000 delegates from 100 smart cities take part.
Non-banking finance companies (NBFCs) have been consistently growing since the second half of FY22, coinciding with the phased reopening of the economy since the Covid pandemic. This growth momentum further accelerated in FY23 and in the first quarter of FY24, with NBFCs seeing a remarkable change in their asset base.
Foreign direct investment (FDI) into India declined 34 per cent to USD 10.94 billion during April-June 2023-24, dragged by lower inflows in computer hardware and software, telecom, auto and pharma, according to government data. FDI inflows stood at USD 16.58 billion during April-June 2022-23. Inflows during January-March 2023 too had contracted 40.55 per cent to USD 9.28 billion.
The government has decided not to allow exports of basmati rice below USD 1,200 per tonne to restrict possible "illegal" shipment of white non-basmati rice in the garb of premium basmati rice. In a statement on Sunday, the commerce ministry said it has directed trade promotion body APEDA not to register contracts below USD 1,200 per tonne.
Bank Holidays September 2023: Banks will be closed for 16 days in September due to national and regional holidays. Banks in some states will be closed once a year in Sri Krishna Janmashtami, Ganesh Chaturthi, Maharaja Hari Singh Ji and in September in Hari Raya. If you are planning to go to the bank this month, be sure to check your bank's holiday hours to avoid any problems. Online banking services and ATMs across the country will operate daily.
The Board of Directors of Reliance Industries Limited accepted the resignation of Nita Ambani from the board on Monday. She wanted to devote her energies and time to guide and enable Reliance Foundation 'to make an even greater impact for India'.
In a bid to maintain adequate local stock and keep domestic prices under control, the Central government has imposed a 20 per cent export duty on parboiled rice,  the Ministry of Finance on Friday said in a notification. The export duty, imposed on August 25, will be applicable until October 16, 2023.
State Bank of India Chairman Dinesh Khara is likely to get an extension as the government is considering relaxing the retirement age of chiefs of all public sector banks and LIC.
The government is considering a proposal to include electric vehicles (EVs) in the priority sector lending category, a senior official said on Saturday. "The government has received a representation to include EVs in the priority sector. RBI will look at reworking the priority sector lending requirements for banks," the official said.
President Droupadi Murmu will inaugurate the National Smart City Convention in Indore on September 27. Organised by the Union Housing and Urban Affairs Ministry, the convention will see at least 2,000 delegates from 100 smart cities take part.
Non-banking finance companies (NBFCs) have been consistently growing since the second half of FY22, coinciding with the phased reopening of the economy since the Covid pandemic. This growth momentum further accelerated in FY23 and in the first quarter of FY24, with NBFCs seeing a remarkable change in their asset base.
Foreign direct investment (FDI) into India declined 34 per cent to USD 10.94 billion during April-June 2023-24, dragged by lower inflows in computer hardware and software, telecom, auto and pharma, according to government data. FDI inflows stood at USD 16.58 billion during April-June 2022-23. Inflows during January-March 2023 too had contracted 40.55 per cent to USD 9.28 billion.
The government has decided not to allow exports of basmati rice below USD 1,200 per tonne to restrict possible "illegal" shipment of white non-basmati rice in the garb of premium basmati rice. In a statement on Sunday, the commerce ministry said it has directed trade promotion body APEDA not to register contracts below USD 1,200 per tonne.
Bank Holidays September 2023: Banks will be closed for 16 days in September due to national and regional holidays. Banks in some states will be closed once a year in Sri Krishna Janmashtami, Ganesh Chaturthi, Maharaja Hari Singh Ji and in September in Hari Raya. If you are planning to go to the bank this month, be sure to check your bank's holiday hours to avoid any problems. Online banking services and ATMs across the country will operate daily.
The Board of Directors of Reliance Industries Limited accepted the resignation of Nita Ambani from the board on Monday. She wanted to devote her energies and time to guide and enable Reliance Foundation 'to make an even greater impact for India'.
Reliance AGM 2023: Reliance Industries chairman Mukesh Ambani on Monday set the succession plan in motion, appointing his daughter and two sons -- Isha, Akash, and Anant Ambani -- to the board of the company.
The government is considering a proposal to include electric vehicles (EVs) in the priority sector lending category, a senior official said on Saturday. "The government has received a representation to include EVs in the priority sector. RBI will look at reworking the priority sector lending requirements for banks," the official said.
President Droupadi Murmu will inaugurate the National Smart City Convention in Indore on September 27. Organised by the Union Housing and Urban Affairs Ministry, the convention will see at least 2,000 delegates from 100 smart cities take part.
Non-banking finance companies (NBFCs) have been consistently growing since the second half of FY22, coinciding with the phased reopening of the economy since the Covid pandemic. This growth momentum further accelerated in FY23 and in the first quarter of FY24, with NBFCs seeing a remarkable change in their asset base.
Foreign direct investment (FDI) into India declined 34 per cent to USD 10.94 billion during April-June 2023-24, dragged by lower inflows in computer hardware and software, telecom, auto and pharma, according to government data. FDI inflows stood at USD 16.58 billion during April-June 2022-23. Inflows during January-March 2023 too had contracted 40.55 per cent to USD 9.28 billion.
The government has decided not to allow exports of basmati rice below USD 1,200 per tonne to restrict possible "illegal" shipment of white non-basmati rice in the garb of premium basmati rice. In a statement on Sunday, the commerce ministry said it has directed trade promotion body APEDA not to register contracts below USD 1,200 per tonne.
Bank Holidays September 2023: Banks will be closed for 16 days in September due to national and regional holidays. Banks in some states will be closed once a year in Sri Krishna Janmashtami, Ganesh Chaturthi, Maharaja Hari Singh Ji and in September in Hari Raya. If you are planning to go to the bank this month, be sure to check your bank's holiday hours to avoid any problems. Online banking services and ATMs across the country will operate daily.
The Board of Directors of Reliance Industries Limited accepted the resignation of Nita Ambani from the board on Monday. She wanted to devote her energies and time to guide and enable Reliance Foundation 'to make an even greater impact for India'.
Reliance AGM 2023: Reliance Industries chairman Mukesh Ambani on Monday set the succession plan in motion, appointing his daughter and two sons -- Isha, Akash, and Anant Ambani -- to the board of the company.
Reliance AGM 2023: Microsoft co-founder and former CEO Bill Gates made a special address at the Reliance Industries 46th Annual General Meeting (AGM) on Monday saying he's delighted that Reliance is collaborating with his foundation and climate organization, Breakthrough Energy, on some of the world's toughest challenges. 
The government has issued mandatory quality norms for solar cable and cast iron products to curb the import of sub-standard goods and boost domestic manufacturing of these goods. A notification in this regard was issued by the Department for Promotion of Industry and Internal Trade (DPIIT) on August 25.
The government is considering a proposal to include electric vehicles (EVs) in the priority sector lending category, a senior official said on Saturday. "The government has received a representation to include EVs in the priority sector. RBI will look at reworking the priority sector lending requirements for banks," the official said.
President Droupadi Murmu will inaugurate the National Smart City Convention in Indore on September 27. Organised by the Union Housing and Urban Affairs Ministry, the convention will see at least 2,000 delegates from 100 smart cities take part.
Non-banking finance companies (NBFCs) have been consistently growing since the second half of FY22, coinciding with the phased reopening of the economy since the Covid pandemic. This growth momentum further accelerated in FY23 and in the first quarter of FY24, with NBFCs seeing a remarkable change in their asset base.
Foreign direct investment (FDI) into India declined 34 per cent to USD 10.94 billion during April-June 2023-24, dragged by lower inflows in computer hardware and software, telecom, auto and pharma, according to government data. FDI inflows stood at USD 16.58 billion during April-June 2022-23. Inflows during January-March 2023 too had contracted 40.55 per cent to USD 9.28 billion.
The government has decided not to allow exports of basmati rice below USD 1,200 per tonne to restrict possible "illegal" shipment of white non-basmati rice in the garb of premium basmati rice. In a statement on Sunday, the commerce ministry said it has directed trade promotion body APEDA not to register contracts below USD 1,200 per tonne.
Bank Holidays September 2023: Banks will be closed for 16 days in September due to national and regional holidays. Banks in some states will be closed once a year in Sri Krishna Janmashtami, Ganesh Chaturthi, Maharaja Hari Singh Ji and in September in Hari Raya. If you are planning to go to the bank this month, be sure to check your bank's holiday hours to avoid any problems. Online banking services and ATMs across the country will operate daily.
The Board of Directors of Reliance Industries Limited accepted the resignation of Nita Ambani from the board on Monday. She wanted to devote her energies and time to guide and enable Reliance Foundation 'to make an even greater impact for India'.
Reliance AGM 2023: Reliance Industries chairman Mukesh Ambani on Monday set the succession plan in motion, appointing his daughter and two sons -- Isha, Akash, and Anant Ambani -- to the board of the company.
Reliance AGM 2023: Microsoft co-founder and former CEO Bill Gates made a special address at the Reliance Industries 46th Annual General Meeting (AGM) on Monday saying he's delighted that Reliance is collaborating with his foundation and climate organization, Breakthrough Energy, on some of the world's toughest challenges. 
The government has issued mandatory quality norms for solar cable and cast iron products to curb the import of sub-standard goods and boost domestic manufacturing of these goods. A notification in this regard was issued by the Department for Promotion of Industry and Internal Trade (DPIIT) on August 25.
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