95 percent of India’s villages connected to 4G network: Center

New Delhi, December 12 (IANS). Mobile network coverage in rural India has reached approximately 97 percent and out of 6,44,131 villages, approximately 6,22,840 villages have mobile coverage and out of these, 6,14,564 (95 percent) villages are connected with 4G mobile connectivity. This information was given by the government in Parliament on Thursday. Dr Chandrashekhar Pemmasani, … Read more

Indian banking sector is in a strong position, benefiting from government policies: Top bank official (Lead)

New Delhi, December 12 (IANS). Dinesh Khara, former chairman of State Bank of India (SBI), said India’s banking sector has been functioning professionally and the entire sector is performing well on parameters such as capitalization and asset quality. For this reason the health of banks remains good. Speaking exclusively to news agency IANS, Khara said … Read more

Financial Intelligence Unit reported undisclosed income of Rs 11,000 crore in 2024: Center

New Delhi, Dec 12 (IANS) The Financial Intelligence Unit India (FIU-IND) has detected undisclosed income of about Rs 11,000 crore in 2024. This information was given by the Finance Ministry on Thursday. Information shared by FIU-IND with Law Enforcement Agencies (AEAs) said that undisclosed income of Rs 10,998 crore has been detected this year. Also, … Read more

India’s tea exports pick up, register double digit growth in first half of current financial year

New Delhi, December 11 (IANS). According to the latest Tea Board data, India’s tea exports in value terms increased by 13.18 per cent to Rs 3,403.64 crore during the first half (April-September) of the current financial year, compared to Rs 3,007.19 crore in the same period last year. In volume terms, tea exports during the … Read more

9 out of every 10 companies believe that the trend of AI is increasing due to the arrival of cloud: Report

New Delhi, December 11 (IANS). 9 out of every 10 Indian companies believe that the trend of Artificial Intelligence (AI) is increasing due to the advent of cloud. This information was given in a report released on Wednesday. EY India report states that currently 67 percent of Indian companies are shifting their applications to the … Read more

Rapidly increasing participation of women in MSMEs in India, surge in the number of startups starting from Tier 2 and 3 cities.

New Delhi, December 11 (IANS). Women now have 20.5 percent stake in MSMEs in India. Nearly 45 per cent of startups are now originating from tier 2 and 3 cities, signaling a significant shift towards regional entrepreneurship growth, according to a report on Wednesday. The KPMG in India report said there are more than 1,000 … Read more

Number of registered electric two-wheelers in India crosses 28 lakh: Center

New Delhi, December 11 (IANS). The number of electric two-wheelers registered in the country has now reached 28,55,015, while the number of electric four-wheelers has reached 2,57,169 as of December 4. This information was given in Parliament recently. According to the vehicle portal of the Ministry of Road Transport and Highways, the total number of … Read more

Adani Group will self finance Sri Lanka port project, funding application from US DFC withdrawn

Mumbai, December 11 (IANS). Adani Ports and Special Economic Zones (APSEZ) Ltd has said that it will complete the Sri Lanka port project using its own financial resources and does not require US funding. In the information given by Adani Ports to the stock exchange, it was said that the Sri Lanka Port Project is … Read more

Mutual fund AUM crosses Rs 68 lakh crore for the first time in November, SIP investment stands at Rs 25,320 crore

New Delhi, December 10 (IANS). Assets under management (AUM) of mutual funds (MF) in India have increased to Rs 68.08 lakh crore in November, which was Rs 67.25 lakh crore in October. This information was received from the data of Association for Mutual Funds in India (AMFI) on Tuesday. Despite the increase in the AUM … Read more

Women-led startups are growing rapidly in more than 600 districts: Jitin Prasad

New Delhi, December 10 (IANS). Minister of State for Electronics and Information Technology Jitin Prasad said that women-led startups are growing rapidly in India’s tech ecosystem in more than 600 districts. The Union Minister said that more than half of the startups in these districts are run under the leadership of women. He said this … Read more

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