Author: Neeraj@trendingglobally
India’s financial system is stronger; thus banks should avoid taking risks: RBI Governor
Reserve Bank of India (RBI) Governor Shaktikanta Das said on Thursday that India’s domestic financial system is now in a much stronger position than it was before the country entered the period of the COVID crisis. “The Indian financial system is now in a much stronger position, characterized by robust capital adequacy, low levels of…
South Korea criticizes Russia’s agreement.
On Thursday, South Korea condemned an agreement reached by Russia and North Korea that pledged mutual defense assistance in the event of war and said it would reconsider its policy of limiting its support for Ukraine to non-lethal supplies. The comments by a senior presidential official came hours after North Korea’s state media released the…
In the face of peak electricity demand, the government assures that thermal power plants have the greatest coal reserves in history.
The Ministry of Coal has ensured the highest-ever stocks of coal at thermal power plants through its tireless efforts to maintain a consistent supply. This proactive initiative aims to secure uninterrupted power for citizens nation-wide during this peak demand period, the Ministry of Coal said. Despite the extremely high demand for power, coal stocks at…
A ship targeted by Yemen’s Houthi rebels in a tragic assault sink in the Red Sea, becoming their second disaster.
A bulk carrier sank days after an attack by Yemen’s Houthi rebels believed to have killed one mariner on board, the author said early Wednesday, the second ship sunk in the rebels’ campaign. The sinking of the Tutor in the Red Sea marks what appears to be a new escalation by the Iranian-backed Houthis in…
FY25 net direct tax receipts shows an increase of 20.99 percent.
The direct tax collections for the financial year 2024–25, as of June 17, indicate a 20.99% spike compared to last fiscal, the data from the Ministry of Finance said on Tuesday. The provisional figures of direct tax collections show that net collections are at Rs 4,62,664 crore, compared to Rs 3,82,414 crore in the corresponding…
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