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PM invites global companies to invest in India's fast-growing aviation sector

New Delhi, June 2 -- Prime Minister Narendra Modi on Monday invited global companies to invest in the country's fast-growing aviation sector, citing a streamlined regulatory framework, ease of complia... Read More


'RBI may go for 50 bps rate cut'

New Delhi, June 2 -- The Reserve Bank of India (RBI) may go for a "jumbo rate cut" of 50 basis points on Friday to reinvigorate the credit cycle and counterbalance uncertainties, said SBI research rep... Read More


Strained ties likely to keep PM Modi away from G7 Summit in Alberta, Canada

New Delhi, June 2 -- For the first time since 2018, Prime Minister Narendra Modi is expected to skip the annual G7 summit, scheduled to be held in Alberta, Canada, from June 15 to 17, according to ind... Read More


Ratnakar Patnaik takes charge as Managing Director of LIC

New Delhi, June 2 -- Ratnakar Patnaik was elevated to the rank of Managing Director of the state-owned Life Insurance Corporation of India (LIC) on Sunday. He was appointed as Managing Director vide ... Read More


Government offers major import tax cuts to EV makers for local production

New Delhi, June 2 -- The government will significantly lower import tax for foreign automakers that pledge to invest in domestic electric vehicle (EV) production, as it looks to strengthen local manuf... Read More


Oil India commences gas production in Jaisalmer

New Delhi, June 2 -- Oil India Limited (OIL) on Sunday commenced gas production from the Bakhritibba Discovered Small Field (DSF) block located in Rajasthan's Jaisalmer. OIL has set benchmark by achi... Read More


RBI: Rs 2000 notes worth Rs 6,181 cr still in circulation

Mumbai, June 2 -- The high-value Rs 2000 notes worth Rs 6,181 crore are still in circulation after two years of the Reserve Bank withdrawing the currency, according to official data released on Monday... Read More


Delhi zone's Rajit Gupta tops IIT entrance, Kharagpur's Devdutta Majhi is female topper

New Delhi, June 2 -- Delhi zone's Rajit Gupta bagged the top rank in IIT entrance JEE advanced, results of which were announced on Monday. According to officials at IIT Kanpur, which was the conducti... Read More


Railway ministry wants train crew to avoid running-room gossips for safe operation

New Delhi, June 2 -- The railway ministry wants train crew to be counselled for taking adequate rest and avoiding unnecessary debates in running rooms, among other measures, to prevent cases of red-si... Read More


'Provide funds for flood-hit Northeast': Congress to Centre

New Delhi, June 2 -- Congress president Mallikarjun Kharge on Monday attacked the PM Narendra Modi- led government over the flood situation in the northeastern states, and hoped the Prime Minister wil... Read More