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The income from investments of LIC, the largest investor in the stock markets, rose 29.80 percent to Rs 90,309 crore in the quarter under review, compared with Rs 69,571 crore in the same quarter of last fiscal.
Releasing the report published in collaboration with Accenture, the WEF said the global energy transition has plateaued amid the global energy crisis and geopolitical volatilities, but India is among the countries that have made significant improvements.
That would mean that these two entities would not borrow from the market for funds — NHAI for the third year in a row and the Railways for the second year in a row. The Centre’s borrowing plan for FY24 includes the entire market funding requirement of the Railways and NHAI.
Secretary in the Department for promotion of Industry and Internal Trade (DPIIT) Rajesh Kumar Singh said that from the current year onwards, the disbursal number will be significantly larger.
In September 2023, Air India completed the acquisition of its first Airbus A350-900 aircraft through a finance lease transaction with HSBC.
At least three Indian refiners — Reliance Industries (RIL), Indian Oil Corporation (IOC), and HPCL-Mittal Energy (HMEL) — are understood to have booked Venezuelan oil cargoes, which are expected to land in India over the next couple of months.
In FY23, the domestic IT companies reported a revenue growth 16.5 per cent.
In an interview with Soumyarendra Barik and Aanchal Magazine, Sanhueza said they would like to advance the trade pact talks given that elections are approaching in India, with “infinite possibilities for collaboration” between the two nations on several areas including lithium mining and exploration of mineral reserves.
An upward movement in crude oil prices, however, weighed on the Indian currency, according to forex traders.