News

SIDBI, Lucknow Branch Office organized an “MSME Outreach Program-2023” joining hands with Indian Industries Association (IIA) at Lucknow. The outreach event was aimed to disseminate information amongst MSMEs about direct credit products being offered by SIDBI with emphasis on creating awareness about various digital and latest initiatives being undertaken by …

Seema Javed • New research from global affairs think tank ODI highlights the worrying scale of fossil fuel indebtedness in low- and middle-income countries. • Over-reliance on fossil fuel extraction to service debt has locked many countries into a vicious cycle – even when oil and gas prices are high. …

Dr. Seema Javed The rapidly falling costs of wind and solar mean that carbon capture and storage (CCS) is not a cost-effective way decarbonising the power sector. Our Paris-compatible pathways show at best a marginal role for fossil CCS, which makes up only 0.1% of global electricity generationin 2030. A …

Punjab National Bank (PNB), nation’s leading public sector bank, organized a convention and workshop for the Chairman and Secretaries of the Town Official Language Implementation Committees (TOLIC) at its headquarters in Dwarka. On this occasion, the bank released a book `Rajbhasha Path-Pradarshak’ published by the Rajbhasha department. The event and …

Federal Bank in association with Ageas Federal Life Insurance, India’s leading private life insurance company, announced the launch of ‘Ageas Federal Life Insurance Platinum Wealth Builder Plan’, a special offering for Federal Bank customers. A non-participating unit-linked life insurance plan, it offers life cover and market-linked returns that help you …

Union Bank of India, a leading bank in India, is proud to announce that it has been awarded Seven (7) prestigious Infosys Finacle Innovation Awards 2023, which is most amongst Indian and Global Banks, for its outstanding contributions to the banking industry and technological excellence. The awards were presented at …

Dr. Seema Javed ranges reach unforeseen temperatures, finds a new study led by a UCL researcher. The new Nature Ecology & Evolution study predicts when and where climate change is likely to expose species across the globe to potentially dangerous temperatures. The research team from UCL, University of Cape Town, …

Punjab National Bank announced their Annual Financial Results for the FY 2022-2023. Net profit for Q4 FY23 was at ₹1159 Crore and grew by 473.6% on YoY basis. Operating Profit was at ₹ 5866 Crore during Q4 FY23 grew by 11.4% on YoY basis. Net interest income increased by 30.05% …

Dr. Seema Javed Human-caused climate change made April’s record-breaking humid heatwave in Bangladesh, India, Laos and Thailand at least 30 times more likely, according to rapid attribution analysis by an international team of leading climate scientists as part of the World Weather Attribution group. The study also concludes that the …

Bank of Baroda (BOB) reported a ~2x growth in profits for FY23 and declared it’s highest ever quarterly and annual net profit of INR 4,775 crore (+168% YoY) and INR 14,110 crore (+94% YoY) respectively. As a result of this significant improvement in profitability the Bank’s Return on Assets (RoA) …