National

January 18, 2025 7:57 AM January 18, 2025 7:57 AM

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IMF retains India’s economic growth outlook at 6.5 % over next 2 Financial Years

The International Monetary Fund (IMF) has maintained India's growth to be solid at 6.5 percent for the next two fiscal years 2025-26 or FY26 and 2026-27 or FY27, as projected in October in an update to its World Economic Outlook released yesterday. India maintain the fastest growth rate among the wo...

January 18, 2025 7:13 AM January 18, 2025 7:13 AM

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RBI asks banks to ensure nomination in all deposit accounts & safety lockers

The Reserve Bank of India has asked banks to ensure nominations in new and all existing customers' deposit accounts and safety lockers, highlighting that a large number of accounts do not have nominations.   The nomination facility is intended to minimise the hardship and facilitate expeditious...

January 17, 2025 10:05 PM January 17, 2025 10:05 PM

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PM Modi Lauds Success of Pixxel Space’s 1st Private Satellite Constellation

Prime Minister Narendra Modi has lauded the success achieved by the first private satellite constellation by Pixxel Space. In a social media post, the Prime Minister said it showcases the exceptional talent of the country's youth. He said it highlights the expanding capabilities of the private secto...

January 17, 2025 9:25 PM January 17, 2025 9:25 PM

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Cabinet Approves ₹11,440 Cr Revival Package for Rashtriya Ispat Nigam Limited

The Cabinet Committee on Economic Affairs, CCEA, has approved an 11,440 crore rupee revival package for Rashtriya Ispat Nigam Limited (RINL). Information and Broadcasting Minister Ashwini Vaishnaw told the media in New Delhi that the revival package was cleared in yesterday's cabinet meeting. He sai...