‘In terms of market share, we aim to double it by 2028 in both segments—15 per cent in the domestic and 20 per cent in short-haul international,’ says AI Express’s Managing Director Aloke Singh
Although the Chhara terminal had achieved mechanical completion earlier this year, the commissioning was delayed as the pipeline to connect it to the existing gas pipeline network was not ready at the time.
The banks and other lending institutions will not be allowed to levy penal interest with effect from January 1, 2024, the RBI said in its notification on ‘Fair Lending Practice-Penal Charges in Loan Accounts’.
India’s economic growth will accelerate to 8.5 per cent in the April-June period of the current fiscal from the 6.1 per cent growth rate witnessed in the preceding January-March quarter, Icra Ratings said in a report on Tuesday.
Revenue rose by 1.2 per cent to Rs 255,996 crore for the quarter as against Rs 252,846 crore in the same period of last year.
The clarification came after Congress President Mallikarjun Kharge, in a post addressed to Prime Minister Narendra Modi on X, claimed that the Uttarakhand government has imposed 18 per cent GST on the Ganga water.
People aware of the Centre-state discussions insist this issue is different from the debate over the assured returns and market uncertainty for returns under the NPS.
Banks and NBFCs would be “well-advised to strengthen their internal surveillance mechanisms, address the build-up of risks, if any, and institute suitable safeguards in their own interest,” RBI Governor Shaktikanta Das said
The Monetary Policy Committee members, while keeping the repo rate unchanged at 6.50 per cent, said the fight against inflation is far from over amid concerns over repeated supply shocks.
IDFC First Bank is looking to raise Rs 20 billion ($243.84 million) in equity capital in the second half of the current financial year, Reuters reported.