Indian banking sector’s health remains robust, govt policy working very well: Top bankers

IANS | December 12, 2024 3:43 PM

New Delhi, Dec 12 (IANS) As Rahul Gandhi’s allegations about the poor condition of Indian banks, especially public sector banks (PSBs), fizzled out, Dinesh Khara, former Chairman of State Bank of India (SBI), said on Thursday that the country’s banking sector is performing professionally on all parameters like capitalisation and asset quality.

Income tax refunds jump 46.3 pc to Rs 3.04 lakh crore in April-Nov

IANS | December 12, 2024 3:24 PM

New Delhi, Dec 12 (IANS) The number of tax refunds has recorded a 46.31 per cent jump to Rs 3.08 lakh crore between April 1 and November 27 this year compared to the same period of 2023, marking a significant increase in the efficiency of the Income Tax Department, according to figures released by the Union Finance Ministry on Thursday.

India seeking mutually beneficial FTA with EU: Piyush Goyal

IANS | December 12, 2024 12:11 PM

New Delhi, Dec 12 (IANS) Commerce and Industry Minister Piyush Goyal has highlighted that India is aiming for a balanced, comprehensive and mutually beneficial Free Trade Agreement (FTA) with the EU, according to an official statement issued on Thursday.

$60 billion investment flowed into India’s Data Centre market in last 6 years: Report

IANS | December 12, 2024 11:22 AM

New Delhi, Dec 12 (IANS) India’s burgeoning Data Centre market has attracted USD 60 billion from both domestic and international investors between 2019-2024 and given the current growth curve is expected to surpass USD 100 billion in cumulative investment commitments by the end of 2027, according to the latest report by real estate consultant CBRE South Asia.