Economy

KredX secures RBI nod to launch TReDS platform DTX

KredX, a supply chain finance platform, has announced that it has received final approval from the Reserve Bank of India (RBI) to commercially launch its Trade Receivables Discounting System (TReDS) platform under the brand name DTX (Domestic Trade Exchange).  With this, KredX becomes the fifth RBI-regulated TReDS platform in India, marking a significant milestone in its […]

Economy

Indian Cabinet nod for 1 mt white rice export to IndonesiaL, says Shivraj Singh Chouhan

i The Indian Cabinet on Wednesday approved a plan to export of 1 million tonnes of non-basmati white rice to Indonesia through the National Cooperative Export Ltd (NCEL). Announcing the decision, Union Agriculture Minister Shivaraj Singh Chouhan said an agreement will be signed by the Indonesian government’s agency Bulog with India’s notified canalising agency NCEL. […]

VIMS first in AP to get nod for liver transplant, Health News, ET HealthWorld

Visakhapatnam: Visakha Institute of Medical Sciences (VIMS) has become the first govt hospital in the state to receive approval for liver transplantation, said its director, Dr K Rambabu. Speaking to the media on Tuesday, the director said that the hospital performed many rare surgeries in 2024. “These included cochlear implant surgeries for both ears on […]

UK government nod for Bharti’s 25% stake buy in BT

NEW DELHI: The British govt on Monday approved Bharti Global‘s purchase of a 24.5% stake in London-listed BT, following a detailed national security assessment and assurances from the telecom company.The purchase of the shares, worth 3.2 billion pounds, was made from the previous top investor, Patrick Drahi‘s Altice, under the terms set out by Bharti […]

Economy

Centre gives nod to 5G connectivity at airports

India is set to introduce 5G mobile connectivity at its airports, sources told businessline. This landmark decision is expected to enhance passenger experience and improve overall service delivery. Until now, safety concerns related to 5G signals interfering with aircraft altimeter readings and communication systems had prevented such a move. An altimeter measures the aircraft’s height […]

Shah Rukh Khan’s Mannat to grow taller? Wife Gauri seeks coastal authority nod | Mumbai news

Dec 11, 2024 09:15 AM IST The application seeks approval to build two additional floors on the six-storey annexe behind the mansion Mumbai: Mannat, actor Shah Rukh Khan’s home in Bandra, a nationally-known address and one of Mumbai’s biggest tourist spots is set to get bigger. The sea-facing house, a colonial-style 1914 Grade three heritage […]

Economy

Adani’s Krishnapatnam Port gets Govt nod to import petroleum, boosting India’s energy security

The central government has allowed the Adani Group-owned port at Krishnapatnam in Andhra Pradesh to import petroleum into India by sea in the public interest. Considering the public interest in importing petroleum, the central government extended the notification for Krishnapatnam Port in Andhra Pradesh (M/S Adani Krishnapatnam Port Limited) to import petroleum into India by […]