Business

World Bank approves USD 452 million program to improve connectivity in Assam – World News Network

The World Bank loan has a maturity of 19 years with a grace period of 4.5 years.

India’s foreign exchange reserves rose by USD 2.98 billion, shows latest RBI data – World News Network

India's foreign exchange reserves rose by USD 2.975 billion to USD 619.072 billion in the week that ended on February 23, as per the latest data released by the Reserve Bank of India (RBI).

NEFT records a high of over 4 crore single-day transactions – World News Network

The National Electronic Funds Transfer (NEFT) system has achieved a milestone by processing over 4 crore transactions, the highest number of transactions processed in a day so far.

Financial Intelligence Unit imposes penalty of Rs 5.49 cr on Paytm Payments for violating money laundering norms – World News Network

FIU-IND initiated a review of Paytm Payments Bank Ltd. on receipt of specific information from law enforcement agencies in respect of a few entities and their network of businesses engaged in a number of illegal acts, including organising and facilitating online gambling.

GST collections grows 12.5 pc to over Rs 1.68 lakh crore in February – World News Network

The gross Goods and Services Tax (GST) revenue collected for February 2024 stood at Rs 1,68,337 crore, marking a robust 12.5 percent increase compared to that in the same month in 2023, the Union Finance Ministry said on Friday.

Financial Intelligence Unit imposes penalty of Rs 5.49 cr on Paytm Payments for violating money laundering norms – World News Network

FIU-IND initiated a review of Paytm Payments Bank Ltd. on receipt of specific information from law enforcement agencies in respect of a few entities and their network of businesses engaged in a number of illegal acts, including organising and facilitating online gambling.

Punjab: Samrala man convicted for money laundering, gets 4-years rigorous imprisonment – World News Network

According to the ED, Dhillon was held guilty and convicted under Section 4 of the Prevention of Money Laundering Act.

Praful Patel Launched the Trailer of Ebina Entertainment’s Film Dharamaraobaba Atram – World News Network

Mumbai (Maharashtra) [India], March 1: The life story of Maharashtra's Cabinet Minister Dharmaraobaba Atram will soon be presented to the audience through a film. The grand trailer launch of the film "Dharmaraobaba Atram - Dilon Ka Raja", produced under the banner of Ebina Entertainment, took place at the Taj Hotel in Mumbai. Rajya Sabha Member Praful Patel was present as the chief guest. Nitu Joshi is the producer of this film which is directed by Bhushan Arun Chaudhari. Actor Jitesh More portrayed the role of young Dharmaraobaba Atram in the film.

Gujarat: Microsoft co-founder Bill Gates enjoys regional food in Narmada – World News Network

Microsoft co-founder and philanthropist Bill Gates, who is on a visit to India, enjoyed delicacies of Gujarat in the Narmada district on Friday.

Europe’s Leading Hair Saloon Brand Franck Provost launches in Bangalore, India – World News Network

Bengaluru (Karnataka) [India], March 1: In a significant milestone for the Indian beauty industry, Franck Provost, Europe's leading hair salon brand, celebrated the opening of its first Indian salon in the vibrant locality of Indiranagar, Bangalore. This launch not only marks Franck Provost's commitment to expanding its global footprint but also introduces its unparalleled Parisian hairdressing expertise to India's burgeoning luxury beauty market.
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