Day: 2 January 2025

SVC Bank Celebrates 118 Years of Unwavering Trust, Excellence

Vijay Raman

  SVC Co-operative Bank Ltd. (SVC Bank – formerly known as The Shamrao Vithal Co-operative Bank Ltd.) proudly celebrates its 118th Foundation Day, a testament to over a century of unwavering service, trust, and innovation. Founded in 1906, SVC Bank was born from a vision of empowering communities through co-operative banking principles and has since grown into a leading financial institution committed to fostering growth and financial inclusivity. Commenting on the achievement, Shri. Ravinder Singh, Managing Director of SVC Co-operative Bank Ltd., said, “As we celebrate 118 years of our…

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ITI Asset Management appoints Jatinder Pal Singh as CEO

Vijay Raman

Mr. Jatinder Pal Singh has been appointed as Chief Executive Officer of ITI AML with effect from January 01, 2025. Mr. Jatinder Pal Singh has over 25 years of work experience in Mutual Funds industry. He was associated with Mahindra Manulife Investment Management as a Chief Marketing Officer from September 2015 to December 2024. Prior to Mahindra Manulife Investment Management he was associated with Morgan Stanley Investment Management from October 2007 to September 2014 as a National Head – Sales & Distribution. Prior to Morgan Stanley he was associated with…

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India’s Records Significant Growth in Coal Production and Dispatch in December 2024

Vijay Raman

In December 2024, the Ministry of Coal reported a remarkable increase in coal production and dispatch, reflecting a robust performance within the sector. This growth is pivotal not only for the coal industry but also for the broader energy landscape of the nation. The surge in coal output is attributed to several strategic initiatives undertaken by the ministry and affiliated organizations, aiming to enhance operational efficiency and meet the rising energy demand. The data from December indicated a production increase of approximately 15% compared to the previous year, paralleling a…

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AIR MARSHAL JEETENDRA MISHRA ASSUMES COMMAND OF IAF’S WESTERN AIR COMMAND

Vijay Raman

Air Marshal Jeetendra Mishra has recently taken command of the Indian Air Force’s Western Air Command, a significant development that underscores both his distinguished career and the strategic capabilities of the Indian Air Force (IAF). This appointment is noteworthy, reflecting the ongoing commitment of the IAF to strengthen its operational readiness and enhance national security in a region marked by evolving geopolitical challenges. Air Marshal Mishra brings a wealth of experience to his new role, having served in various capacities throughout his illustrious career. His extensive knowledge of air operations,…

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Strong growth in India’s production of major minerals and non-ferrous metals

Vijay Raman

The fiscal year 2024-25 has witnessed a significant upswing in mineral and non-ferrous metal production, indicating a robust trajectory for the sector. This growth, observed from April to November, is attributable to a confluence of factors that collectively enhance production efficiency and market demand. Firstly, government initiatives aimed at bolstering the mining sector have played a pivotal role. Policy reforms that streamline licensing processes and encourage investment have stimulated both domestic and foreign interests. As a result, exploration activities have intensified, leading to the discovery of new mineral reserves and…

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