New Delhi, Apr 20 (BNP): The National Payments Corporation of India-backed BHIM app has introduced a new feature enabling users to check their credit scores directly within the app. Launched in collaboration with TransUnion CIBIL, the feature allows users to securely access their CIBIL Score and credit report through a…
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Moneyboxx Finance raises INR 350 million from IndusInd Bank and STCI Finance
New Delhi, Apr 20: Moneyboxx Finance Limited, a non-Banking Finance Company dedicated to impact financing for small and micro entrepreneurs in semi-urban and rural India, has secured total term funding of INR 350 million from multiple lenders. The funding includes INR 15 crore from STCI Finance Limited, sanctioned on February…
Continue ReadingSAEL Launches 600 MW Solar Plant in Andhra Pradesh, Boosts Clean Energy Capacity
New Delhi, Apr 20 (BNP): SAEL Industries has operationalised a 600 MW solar power project in Kurnool, Andhra Pradesh, further strengthening India’s renewable energy infrastructure. The large-scale project, spread across over 2,400 acres, has been developed in two units of 300 MW each through its subsidiary companies. The plant will…
Continue ReadingIndia, South Korea Push to Upgrade CEPA to Deepen Trade and Investment Ties
New Delhi, Apr 20 (BNP): India and South Korea have renewed efforts to strengthen their economic partnership, with Union Commerce Minister Piyush Goyal holding discussions with his South Korean counterpart on upgrading the existing Comprehensive Economic Partnership Agreement (CEPA). The talks focused on making the trade pact more aligned with…
Continue ReadingToshiba Unveils Z670SP Series, Its First MiniLED TV Range with Front Firing Speakers, 144Hz Performance, and REGZA Intelligence
Apr 20: Toshiba, a global consumer electronics leader, today announced the launch of its first MiniLED television lineup with front firing speakers, the Z670SP series, in India. The new range combines Toshiba’s signature Japanese elegance and design precision with advanced display and audio technologies. Designed to deliver fluid visuals, immersive…
Continue ReadingRupee Edges Higher to 92.78 as Crude Oil Slumps Over 5 pc, Easing Import Pressure
Mumbai, Apr 20 (BNP): The Indian rupee opened on a firmer note on Monday, gaining 13 paise to 92.78 against the US dollar, supported by a sharp decline in global crude oil prices and a mildly improved risk tone in early trade. The domestic currency found relief as Brent crude,…
Continue ReadingTrade Deals, Softening Oil Prices May Help Narrow India’s Trade Deficit: BoB Report
New Delhi, Apr 20 (BNP): India’s record trade deficit is expected to ease in the coming months, supported by anticipated trade agreements and a possible decline in global crude oil prices, according to a recent report by Bank of Baroda. The report notes that elevated imports, particularly of energy products,…
Continue ReadingIndia’s JSW Steel, South Korea’s POSCO Tie Up for Odisha Plant
New Delhi, Apr 20 (BNP): In a significant development for India’s steel sector, JSW Steel and South Korea’s POSCO have announced a 50:50 joint venture to establish a new steel manufacturing facility in Odisha. The announcement comes during the official visit of South Korean President Lee Jae Myung to India,…
Continue ReadingMSME Manufacturing Sees Steady Growth, But Global Tensions Weigh on Momentum
New Delhi, Apr 20 (BNP): India’s MSME manufacturing sector recorded expansion during the January–March period, although the pace of growth showed signs of moderation amid geopolitical uncertainties in West Asia, according to a recent survey by PHD Chamber of Commerce and Industry. The survey indicates that while overall business activity…
Continue ReadingPM Modi to Inaugurate Mega Refinery Petrochemical Project in Rajasthan
New Delhi, Apr 20 (BNP): Prime Minister Narendra Modi will visit Rajasthan on Tuesday to inaugurate India’s first greenfield integrated refinery and petrochemical complex at Pachpadra in Balotra. The project, built with an investment of over ₹79,450 crore, is among the largest energy infrastructure developments in the country. Officials said…
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