New Delhi, Aug 11 (IANS) China’s weak domestic demand and excess industrial capacity forces the country’s government to subsidised exports in order to spur economic growth, but this is causing problems in the world economy as cheap Chinese goods are being dumped in other countries where the local industries get hit, according to a new report.
Mumbai, Aug 11 (IANS) Reserve Bank of India (RBI) Governor Sanjay Malhotra on Tuesday said artificial intelligence (AI) has the potential to transform credit delivery, improve customer service and accelerate financial inclusion in India, urging banks to adopt the technology responsibly and shape their AI journey with intent rather than letting it evolve by default.
New Delhi, Aug 11 (IANS) Agriculture Minister Shivraj Singh Chouhan has released scholarship and fellowship funds for agriculture students from across the country through the National Scholarship Portal. Under this initiative, a total amount of Rs 21.35 crore was released directly through Direct Benefit Transfer (DBT) to more than 6,000 students, an official statement said on Tuesday.
New Delhi, Aug 11 (IANS) Systematic Investment Plan (SIP) contributions into mutual funds rose 12.28 per cent year-on-year to Rs 31,961 crore in July from Rs 28,464 crore a year ago, signalling continued retail investor participation in financial markets, as per Association of Mutual Funds in India (AMFI) data released on Tuesday.
New Delhi, Aug 11 (IANS) India is leading the Global South in promoting cooperation for the sustainable use of renewable resources which are gaining further importance in the backdrop of the Middle East crisis that has led to disruptions in energy supplies, according to an article in The Manila Times.
New Delhi, Aug 11 (IANS) Mutual fund schemes in India recorded a net inflow of Rs 2.35 lakh crore in July, while assets under management (AUM) rose to Rs 85.76 lakh crore, according to data released by the Association of Mutual Funds in India (AMFI) on Tuesday.
New Delhi, Aug 11 (IANS) The Food Safety and Standards Authority of India (FSSAI) has proposed quantitative thresholds to classify food products as high in added fat, added sugar or sodium to tighten norms governing foods sold to children in schools.
New Delhi, Aug 11 (IANS) The Central government's proposed Container Manufacturing Assistance Scheme (CMAS) aims to promote domestic container production, reduce reliance on imported empty containers and create over 53,000 jobs, an official statement said on Tuesday.
New Delhi, Aug 11 (IANS) EIH Ltd -- the Oberoi Group-backed hospitality firm -- has posted a nearly 52 per cent sequential decline in consolidated net profit to Rs 120.31 crore for the quarter ended June 30, 2026, from Rs 249.10 crore in the preceding quarter.
New Delhi, Aug 11 (IANS) The government has extended the PM E-DRIVE scheme by two years to March 31, 2028 with electric two-wheelers continuing to receive purchase incentives as part of efforts to accelerate EV adoption and strengthen domestic manufacturing.
