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OMCs’ FY24 combined profit rose over 25-times year-on-year

The state-owned oil marketing companies (OMCs) have had a fabulous financial year 2023-24.  Even as they navigated rapidly evolving geo politics and wide fluctuations in crude prices, the OMCs not only ensured fuel availability at affordable rates, with one of the lowest fuel price inflation globally in India, but they …

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DoT, MHA and State Police join hands to combat cyber fraudsters

Department of Telecommunications (DoT), Ministry of Home Affairs (MHA) and State Police have joined hands for curbing the misuse of telecom resources in cyber-crime and financial frauds. This collaborative effort aims to dismantle networks of fraudsters and protect citizens from digital threats. Analysis carried out by MHA and State Police …

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Dr. Vivek Joshi chairs workshop on ‘State of Artificial Intelligence in Banks’ with representatives from 12 Public Sector Banks and other financial institutions under DFS

Dr. Vivek Joshi, Secretary, Department of Financial Services (DFS), chaired a workshop on the ‘State of Artificial Intelligence in Banks’ as part of its lecture series, in New Delhi, today. The NASSCOM made a presentation during the workshop to provide banks and financial institutions with insights into best practices for …

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President of India presents 2 Padma Vibhushan, 9 Padma Bhushan and 56 Padma Shri Awards for the year 2024 at Civil Investiture Ceremony-II held at Rashtrapati Bhawan

The President of India, Smt. Droupadi Murmu presented 2 Padma Vibhushan, 9 Padma Bhushan and 56 Padma Shri Awards for the year 2024 at the Civil Investiture Ceremony-II held with grandeur in Darbar Hall of the Rashtrapati Bhawan today. The Vice President of India, Shri Jagdeep Dhankhar, Prime Minister Shri …

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IREDA incorporates “IREDA Global Green Energy Finance IFSC Limited” in GIFT City, Gujarat

Indian Renewable Energy Development Agency Ltd. (IREDA) has incorporated a wholly owned subsidiary in the International Financial Services Centre (IFSC) located in GIFT City, Gujarat. Named “IREDA Global Green Energy Finance IFSC Limited,” the subsidiary was officially incorporated on 7th May, 2024. Earlier, on 8th February, 2024, the Reserve Bank of India gave …

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DRDO organises two-day National Symposium & Industry Meet on ‘Emerging Technologies in Infrastructure Development’ in New Delhi

A National Symposium and Industry Meet on ‘Emerging Technologies in Infrastructure Development’, organised by Defence Research and Development Organisation (DRDO), was inaugurated by Defence Secretary Shri Giridhar Aramane in New Delhi on May 09, 2024. The two-day event, with the participation from the Armed Forces, academia, industry and DRDO, aims to …

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