The latest reserve build-up comes after a sharp turnaround in foreign-currency inflows following the RBI’s measures announced in June. India’s foreign exchange reserves surged by a record $44.903 billion in the week ended September 4, taking the country’s forex kitty to a fresh lifetime high of $785.706 billion, according to data released by the Reserve…

NCLT stayed its earlier order allowing Subhash Chandra to settle his personal insolvency proceedings NEW DELHI: National Company Law Tribunal (NCLT) on Tuesday stayed its earlier order allowing Zee Group founder Subhash Chandra to settle his personal insolvency proceedings by paying Rs 6.25 crore as against admitted claims of Rs 22,006.57 crore and also restrained…

Union minister of state for commerce and industry Jitin Prasada met US Commerce Secretary Howard Lutnick on the sidelines of the G20 Summit NEW DELHI: India has joined the United States and 24 other countries in an initiative aimed at shaping the development of next-generation 6G networks, the US department of commerce said.Union minister of…

The proposed system would assign penalty points to motorists for different traffic offences. (Image for representative purpose only) Soon every traffic offence you commit will show negatively on your driving licence. The government is working on a graded points-based system for driving licences, Union minister for Minister for Road, Transport and Highways Nitin Gadkari has…