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RBI's Rs 2.69 lakh crore bonanza for Modi govt for FY25

The Reserve Bank on Friday announced a record Rs 2.69 lakh crore dividend to be paid to the government for the fiscal ended March this year, 27.4 per cent more than the payout in 2023-24....

RBI approves highest-ever dividend of Rs 2.11 lakh crore to govt

The Reserve Bank on Wednesday approved the highest-ever dividend payout of Rs 2.11 lakh crore to the central government for 2023-24, a decision which will help better manage the fiscal deficit....

Garg leaves without signing off on Jalan panel report

Garg had refused to sign on the report finalised by the former Reserve Bank of India governor Bimal Jalan-led committee reviewing the central bank’s economic capital framework (ECF). IMAGE:...

ITC sets up new facility in Hyderabad

ITC Limited is setting up a 25,000-tonne per annum capacity facility at a cost of Rs 35 crore at its Bollaram unit in Hyderabad for production of elemental chlorine-free (ECF) paperboards to be...

And now 'green' sweet boxes!

The paper and paperboard marketing structure looks set for a shake-up with industry heavyweight ITC Ltd striking out to push its elemental chlorine-free (ECF) paper and board directly to...

7-yr-old Mumbai girl wins bronze at junior chess meet in UK

Mumbai girl Ahana Shah has won a bronze medal with a score of 4 points out of 5 in the Under-7 category of the 2017 Kenilworth Junior Open Rapid Chess Tournament in the United Kingdom. Ahana, a...