· The new LuLu Forex engagement centers will operate 24x7 and are conveniently located in various zones of the international terminal’s arrival and departure area · The centers were inaugurated by Mr. S Suhas IAS, Managing Director, Cochin International Airport Limited (CIAL) In a major boost to customer convenience at...
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Noting that Industry4.0 is replete with good opportunities for Kerala Mr. Arun Kumar, Chairman and CEO of KPMG, said that the state’s knowledge economy has tremendous potential to emerge as an economic powerhouse of the country by taking advantage of the transformations by creating the right ecosystem. “If Kerala creates...
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Kerala requires earliest completion of its notified 13 non-operational ports considering their potential to boost the economy of the state that has a coastline of 590 km, Mr. Ramachandran Kadannappally, Minister for Ports said during ASCEND 2020 Kerala Global Investors Meet.. Noting that Kerala has only four non-major ports functioning...
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The largest commitment was by Abu Dhabi Investment Authority, which committed around 66 percent of the total investment at the meet ASCEND 2020 Global Investors Meet was able to garner Rs.98,708 crore as direct promise, Mr. Pinarayi Vijayan, Chief Minister, said at the concluding session of the event on January...
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The Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman arrives at Parliament House to present the General Budget 2019-20, in New Delhi on February 01, 2020. The Minister of State for Finance and Corporate Affairs, Shri Anurag Singh Thakur is also seen. Ms. Nirmala Sitharaman, Finance Minister, has...
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Indian Institute of Heritage and Conservation to be established In an effort to make India an attractive destination for both international and domestic tourists, Ms. NirmalaSitharaman, Finance Minister, proposed to allocate Rs.2,500crores in 2020-21 for the tourism sector. Besides tourism, the Minister also proposed to allocate Rs.3,150crore for Ministry of...
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NSE Clearing Limited has empanelled Federal Bank for submitting Fixed Deposit Receipts in electronic form (e-FDRs) as collateral to clearing/trading members. This move is a significant step in the digitisation journey of the Government, and the Bank is proud to be associated with NSE Clearing Limited on this. Further, the...
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Kerala Bank will become the biggest financial institution in the state in the near future, Mr. Pinarayi Vijayan, Chief Minister of Kerala, said while formally announcing the formation of the bank in Trivandrum on December 6. The Reserve Bank of India had given its conditional approval for the formation of...
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KSFE PRAVASI CHITS is a unique financial savings scheme introduced for the welfare of the Malayalee diaspora. Chitty Schemes for NRIs have been a longstanding demand of KSFE ever since the largescale migration of Malayalees, majorly to the Gulf region, and their remittances started playing a significant role in Kerala’s...
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With a view to elongating the life of banknotes, particularly in lower denominations, the Reserve Bank of India (RBI), in consultation with the Government of India has been considering various options including printing of banknotes on polymer substrate. A decision had accordingly been taken to introduce one billion pieces of...
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