India International

Fairfax  reduces its stake in the CSB  Bank to 40  per  cent

By  our  Financial  Correspondent Thrissur, July 02  (IVC)   Nine  point  seven per cent (9.7%)  equity  shares  of the  CSB Bank Limited (formerly  Catholic Syrian  Bank Limited)  here was  sold  out   by  the FIH  Mauritius Investment ,  a  sister  concern of  the Canada- based  Fairfax Limited   recently, the  bank  sources   said  this  correspondent.                 The  deal Read More…

India International

Banks’ NPA  ratio slides  2.8  per cent

By  our  Financial  Correspondent Mumbai, June  28 (IVC)   The scheduled commercial banks’ Non-performing Assets (NPA)   ratio slid    to a multi-year  low  of  2.8  per  cent.  The  Indian economy and  the financial  system  remain robust and resilient , anchored  by macroeconomic and  financial stability, the  Reserve  Bank of  India (RBI)  said  in its   29th  issue  of Read More…

India International

Amit Shah greets the nation on “International Day against Drug Abuse and Illicit Trafficking”

Amit Shah greeted the nation on ‘International Day against Drug Abuse and Illicit Trafficking’. In a post shared on X platform, he said, “Greetings on International Day against Drug Abuse and Illicit Trafficking. Under the leadership of PM Narendra Modi ji, our government is firm in its commitment to making India a drug-free nation and Read More…

India International

$ 5.7  billion surplus in Current Account in the  fourth quarter of Fiscal 2024

By our  Financial Correspondent Mumbai, June  25 (IVC)  India’s current account balance recorded  a surplus of $5.7  billion (0.6 per cent    of GDP) in the fourth quarter  of the fiscal 2024,  against  a      deficit  of $1.3 billion  (0.2 per cent of GDP)  a year ago as  per data released by  the  Reserve  Bank of India Read More…

India International

Developing world class manufacturing facilities is a must for realizing the Prime Minister’s vision of “Make in India “with “Zero Effect; Zero Defect” at each level of the value chain: Giriraj Singh

Union Minister for Textiles, Shri Giriraj Singh inaugurated the 71st edition of the India International Garment Fair (IIGF) at Yashobhoomi Convention Centre today. Delivering his inaugural address, the Union Minister emphasized that the India International Garment Fair (IIGF) offers a unique marketing platform for micro, small, and medium exporters, showcasing India’s latest trends and diverse offerings Read More…

India International kerala

Ninety-eight Indian Haj pilgrims dead By  our  Correspondent

New  Delhi, June  24  (IVC)   ninety-eight  Indians  have  died so  far  this year during  the annual Muslim  pilgrimage  of  Haj to Mecca this  year.  The  deaths  were  due  to natural  causes, chronic illness and old  age, official  sources aid here.                 The  total  number deaths of Indians  during   the  entire  Haj period  during  the  last  Read More…

India International

Centre imposes stock limit on Wheat until 31st March, 2025 in all States and UTs

In order to manage the overall food security and to prevent hoarding and unscrupulous speculation, the Government of India has decided to impose stock limits on Wheat applicable to Traders/Wholesaler, Retailers, Big Chain Retailers and Processors for all States and Union Territories. The Removal of Licensing Requirements, Stock Limits and Movement Restrictions on Specified Foodstuffs Read More…

India International

PM address on International Day of Yoga 2024 in Srinagar, Jammu & Kashmir

The Prime Minister, Shri Narendra Modi addressed the 10th International Day of Yoga (IYD) event in Srinagar, Jammu & Kashmir today. The Prime Minister led the celebrations of International Yoga Day and took part in the Yoga session. Addressing the occasion, the  Prime Minister expressed gratitude for being present in Jammu & Kashmir, the land Read More…

India International

“Yoga is as important, applicable and powerful for the self as it is for society”: PM MODI

Addressing the gathering, the Prime Minister said that today’s spectacle of enthusiasm and commitment shown by the people of Jammu & Kashmir towards yoga will be immortalized in the minds of people. He underlined that the rainy weather conditions leading to a fall in the temperature failed to dampen the spirit of the people, even Read More…