Sat, Jun 29, 2024 10:06 AM
Top U.S. banks hike dividends after sailing through Fed's stress test
A Flip by Avya Verma
RBI has partnered with various countries to link India's FPS with their respective systems for cross-border payments. The RBI has joined Project Nexus, a multilateral initiative to enable instant cross-border retail payments by interlinking domestic FPSs. Founded by the Bank for International Settlements, the platform aims to connect FPSs of four ASEAN countries and India.
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RITES, a railway engineering firm, has secured a contract worth ₹26.79 crore from Karnataka Mining Environment Corporation to construct railway private freight terminals in Bellary District. This marks a significant development for the firm, following recent partnerships with Damodar Valley Corporation and Delhi Metro Rail Corporation. The company's shares traded 0.09% lower at ₹690.90 on Monday.
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JSW Energy on Monday said it has signed a power purchase agreement with state-owned SJVN for a 700 megawatt inter state transmission system (ISTS) solar project in Rajasthan. The company aims to commission the project over the next 24 months, JSW Energy said in a statement. The PPA is signed for supply of power for a period of 25 years with a tariff of Rs 2.52/KWh, JSW Energy said.
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