US announces 1.5-year extension for some expiring immigrant work permits
By Lalit K Jha WASHINGTON: The Biden administration has announced that certain categories of immigrants, including those seeking green cards and spouses of H-1B visa holders, would be permitted to use their expired work permits for an additional 18 months, offering a reprieve to thousands of Indians working in this country and prevent further disruption […]
RBI hikes interest rate by 40 bps to 4.40%
NEW DELHI: The Reserve Bank of India (RBI) on Wednesday increased the benchmark lending rate by 40 basis points (bps) to 4.40 per cent in a bid to contain inflation, which has remained stubbornly above the target zone of 6 per cent for the last three months. The decision follows an unscheduled meeting of the […]
Piramal Enterprises appoints Yesh Nadkarni
NEW DELHI: Piramal Enterprises Limited (‘PEL’) said that it has appointed Yesh Nadkarni as CEO of Wholesale lending, in Piramal Capital & Housing Finance Limited (PCHFL), a wholly owned subsidiary of PEL, with a primary focus on real estate lending business. In his role, Yesh will be responsible for further expanding PCHFL’s wholesale lending business, […]
Germany pledges additional 10 billion euros for India’s climate action targets
NEW DELHI: Germany on Monday committed an additional 10 billion euros assistance to India to help achieve climate action targets set for 2030 which include sourcing 50 per cent energy requirement from renewables and installing 500 GW of non-fossil fuel electricity capacity. “Germany intends to strengthen its financial and technical cooperation and other assistance to […]
Gyanesh Kumar named co-op Secretary Alkesh Sharma to be MeitY Secretary
NEW DELHI: Senior IAS officer Gyanesh Kumar has been appointed as Secretary, Ministry of Cooperation as part of a top-level bureaucratic reshuffle effected by the Centre on Monday. Kumar, a 1988-batch IAS officer of the Kerala cadre, is currently Secretary, Ministry of Parliamentary Affairs. He has been appointed as the Cooperation Secretary in place of […]