The India-Japan Fund will target investment in sustainable projects in areas such as renewable energy, e-mobility and waste management, the NIIF, launched in 2015 as India’s first state-backed fund, said in a statement.
Calling the rise in prices a “seasonal phenomenon”, Piyush Goyal said the world has lauded India in its effort to curb inflation.
Seth said the work done by the IMF, FSB, FATF and BIS is a very clear and comprehensive understanding of the policy framework for assessment of risk.
The key focus areas of these amendments revolve around several crucial aspects, it said. Firstly, there is a concerted effort to increase the overall capacity of the reinsurance sector, which can help accommodate growing demand and manage larger risks.
Air India currently has 117 operational aircraft in its fleet, while its arm Air India Express has 63 planes. Under the new owners, Air India has been able to bring back to service 90 per cent of its long-grounded aircraft as well.
Reliance Industries gained over 2 per cent today, after the company reported a 27 per cent jump in its September quarter net profit.
The process of buying a house comes with its fair share of stress. Given that it is one of the most expensive purchases one is likely to make in their lifetime, decisions around have to be taken with utmost care.
Unemployment rate had shot up sharply during the lockdown imposed in 2020 during the first wave of the pandemic. The unemployment rate for urban females and males in 15-29 years age group stood at 36 per cent and 34.3 per cent, respectively, in April-June 2020.
Even when interest rates decline, long-term large deposits will still have to be managed and that can lead to lower margins eating up profit, Reserve Bank deputy governor Swaminathan J said.
South Korea-based SK Hynix on Monday said that the company neither had any negotiation with SRAM & MRAM Group, nor has any plans to collaborate with it for a semiconductor manufacturing or testing unit in India.