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Tata Steel completes first multi-modal shipment of TMT bars from West Bengal to Tripura via Indo-Bangladesh Protocol Route

Tata Steel completes first multi-modal shipment of TMT bars from West Bengal to Tripura via Indo-Bangladesh Protocol Route

Kolkata: Tata Steel successfully completed the first multi-modal shipment of 960 tonnes of steel TMT bars from West Bengal's Haldia Port to Tripura's Agartala, the company said in a statement.

IBNSFeb 16, 2023
Pakistan likely to reel under very high inflation in the H1 of 2023

Pakistan likely to reel under very high inflation in the H1 of 2023

There seems to be no respite for Pakistan at least in the near future as the country’s economy is likely to reel under very high inflation for quite some time.

IBNSFeb 16, 2023
​IndiGo promoters may offload shares worth $ 350 million

​IndiGo promoters may offload shares worth $ 350 million

Mumbai: Promoters of InterGlobe Aviation Ltd, the company that will put on sale shares worth $350 million through a block deal on Thursday, media reports said.

IBNSFeb 16, 2023
India's imports from Russia jump  times amid Russia-Ukraine conflict

India's imports from Russia jump times amid Russia-Ukraine conflict

New Delhi: India’s imports from Russia multiplied nearly five times to $ 37.31 billion in the April-January period in FY23 owing to an increase in crude oil import from that country, according to the commerce ministry data.

IBNSFeb 16, 2023
Best Banks  For Savings Accounts Services In India

Best Banks For Savings Accounts Services In India

In this article, let us look at the top 10 banks in India. A suitable savings account can help you save more money in the long run and invest them in the right avenues to grow your wealth in the future. Here are the top 10 banks in India ranked in order of the efficiency of their savings accounts:

IBNSFeb 16, 2023
NARCL wins bids for two Srei companies undergoing insolvency

NARCL wins bids for two Srei companies undergoing insolvency

Mumbai/IBNS: National Asset Reconstruction Company Ltd (NARCL) has won the bid for Srei group's two companies—Srei Infrastructure Finance Ltd and Srei Equipment Finance Ltd, media reports said.

IBNSFeb 16, 2023
ITR Forms for FY 2023-24 include schedule for declaring virtual digital assets

ITR Forms for FY 2023-24 include schedule for declaring virtual digital assets

New Delhi: The Central Board of Direct Taxes (CBDT) has notified Income-tax Return Forms (ITR Forms) for the Assessment Year 2023-24 and will come into effect from 1st April 2023, the Ministry of Finance said.

IBNSFeb 16, 2023
Trade deficit dips to lowest in 1 yr at $17.75 billion; exports, imports shrink

Trade deficit dips to lowest in 1 yr at $17.75 billion; exports, imports shrink

New Delhi/IBNS: The trade deficit in the month of January dipped to the lowest in a year at $17.75 billion, as both merchandise exports and imports dropped for the second consecutive month amid lukewarm external demand and a steep decline in gold imports.

IBNSFeb 16, 2023
Elon Musk posts pic of his dog as Twitter CEO, sets canine crypto soaring

Elon Musk posts pic of his dog as Twitter CEO, sets canine crypto soaring

Elon Musk, CEO of Twitter, posted photos of his dog, Floki, posing as the social media platform's new chief executive.

IBNSFeb 15, 2023
​RBI grants in-principle authorisation for 32 existing online payment aggregators

​RBI grants in-principle authorisation for 32 existing online payment aggregators

​Mumbai/IBNS: The Reserve Bank of India (RBI) Wednesday said it has granted in-principle authorisation for 32 existing payment aggregators to act as online payment aggregators.

IBNSFeb 15, 2023
NMDC delivers best ever Q3 prodn

NMDC delivers best ever Q3 prodn

New Delhi/IBNS: National miner NMDC registered its best-ever Q3 production with 10.66 million ton produced in the third quarter of FY23, the Ministry of Steel said in a statement.

IBNSFeb 15, 2023
CCI approves proposed acquisition of Jaiprakash Associates cement, clinker and power plants by Dalmia Cement

CCI approves proposed acquisition of Jaiprakash Associates cement, clinker and power plants by Dalmia Cement

New Delhi/IBNS: The Competition Commission of India (CCI) Wednesday approved the proposed combination relating to acquisition of clinker, cement and power plants belonging to Jaiprakash Associates Limited (JAL) and its associate by the Dalmia Cement (Bharat) Ltd.

IBNSFeb 15, 2023
Bengal Finance Minister Chandrima Bhattacharya presents a Rs 3.39 lakh cr budget for 2023-24

Bengal Finance Minister Chandrima Bhattacharya presents a Rs 3.39 lakh cr budget for 2023-24

Kolkata: West Bengal Finance Minister Chandrima Bhattacharya on Wednesday presented a Rs 3.39 lakh crore Bengal budget for 2023-24.

IBNSFeb 15, 2023
Jammu and Kashmir govt approves Rs 176 cr project to boost fish production

Jammu and Kashmir govt approves Rs 176 cr project to boost fish production

The Jammu and Kashmir administration has now approved Rs 176 crore project to boost fish production in the Union territory, media reports said on Wednesday.

IBNSFeb 15, 2023
Indian Market: Sensex down 267.68 points

Indian Market: Sensex down 267.68 points

Mumbai: The BSE Sensex on Wednesday tumbled down 267.68 points at 60,764.58 in opening trade as selling was seen in FMCG, Health Care and IT stocks.

IBNSFeb 15, 2023
Air India to acquire 250 Airbus aircraft, Britain welcomes deal

Air India to acquire 250 Airbus aircraft, Britain welcomes deal

Mumbai/IBNS: Tata Group-owned Air India Tuesday announced that it has signed letters of intent with Airbus and Boeing to acquire both widebody and single-aisle aircraft.

IBNSFeb 14, 2023
Minister says Arunachal can become inland cold water fish exporter

Minister says Arunachal can become inland cold water fish exporter

Ziro:  Agriculture and Fisheries minister Tage Taki on Monday said  Arunachal Pradesh can turn into a major exporter of inland cold water fish if correct methodology and technology to harness the enormous potential available in the state could be utilized.

IBNSFeb 14, 2023
ICICI Bank signs MoU with BNP Paribas

ICICI Bank signs MoU with BNP Paribas

Mumbai/IBNS: ICICI Bank and BNP Paribas, a top European bank, have signed a Memorandum of Understanding (MoU) to cater to the banking requirements of European corporates operating in India and Indian companies in the European Union.

IBNSFeb 14, 2023
India’s WPI inflation eases to 4.73 pc

India’s WPI inflation eases to 4.73 pc

New Delhi: The Wholesale Price Index (WPI)-based inflation eased to 4.73 percent in January on an annual basis, data shared by the Ministry of Commerce showed on Tuesday.

IBNSFeb 14, 2023
ICICI Bank signs MoU with BNP Paribas

ICICI Bank signs MoU with BNP Paribas

New Delhi: Private sector bank ICICI Bank and BNP Paribas, a European bank, have signed a Memorandum of Understanding (MoU) to cater to the banking requirements of European corporates operating in India and Indian companies in the European Union.

IBNSFeb 14, 2023
Audi India launches Audi Q3 Sportback for Rs 51,43,000 ex-showroom

Audi India launches Audi Q3 Sportback for Rs 51,43,000 ex-showroom

Mumbai: Luxury car major Audi on Monday launched the new Audi Q3 Sportback in India at Rs 51,43,000 Ex-showroom.

IBNSFeb 13, 2023
Jammu and Kashmir Govt approves Rs 329 cr five-yr project to achieve self-reliance in Mutton sector

Jammu and Kashmir Govt approves Rs 329 cr five-yr project to achieve self-reliance in Mutton sector

Jammu: In view of huge mutton usage in Jammu and Kashmir, especially in the Kashmiri cuisine and in order to reduce meat import in the Union Territory, the government has approved an ambitious Rs 329 crore project for next five years to achieve self-reliance in Mutton sector.

IBNSFeb 12, 2023
Japan’s hotel giant HMI Group signs MoU with UP govt, to invest Rs 7,200 crore

Japan’s hotel giant HMI Group signs MoU with UP govt, to invest Rs 7,200 crore

Lucknow: Japanese company Hotel Management International Company Limited (HMI) signed a Memorandum of Understanding (MoU) with the Uttar Pradesh government on Saturday to build 30 new hotels at an investment of Rs 7,200 crore.

IBNSFeb 11, 2023
European Investment Bank delegation meets UP CM Yogi Adityanath

European Investment Bank delegation meets UP CM Yogi Adityanath

Lucknow: Uttar Pradesh Chief Minister Yogi Adityanath on Saturday said European Investment Bank's support will boost investment in Uttar Pradesh.

IBNSFeb 11, 2023
Locals optimistic about employment opportunities following Lithium discovery in Jammu and Kashmir

Locals optimistic about employment opportunities following Lithium discovery in Jammu and Kashmir

Srinagar: Locals in the Salal-Haimana area of Reasi district of Jammu and Kashmir have expressed confidence that the discovery of the Lithium deposits in the country will offer employment opportunities to them.

IBNSFeb 11, 2023
Centre lowers Wheat Reserve Price to reduce price of atta

Centre lowers Wheat Reserve Price to reduce price of atta

New Delhi/IBNS: In order to reduce the price of wheat and atta, the Centre has decided to reduce the reserve price for the sale of wheat under the open market sales scheme from Rs 2300/Qtl (Pan India) from Rs 2350/Qtl (Pan India).

IBNSFeb 11, 2023
8 crop-specific spices parks operating across the country under Spices Board: Minister

8 crop-specific spices parks operating across the country under Spices Board: Minister

New Delhi/IBNS: The Spices Board has established eight crop-specific spices parks across the country, according to the Ministry of Commerce and Industry.

IBNSFeb 11, 2023
Seafood products export grows to a record US$ 7759.58 million in FY22

Seafood products export grows to a record US$ 7759.58 million in FY22

New Delhi/IBNS: India’s Seafood products export grew to a record US$ 7759.58 million in FY 2021-22 in three years from US$ 6679 million in FY 2019-20.

IBNSFeb 11, 2023
Adani Group hires top US law firm Watchell to take on Hindenburg Research

Adani Group hires top US law firm Watchell to take on Hindenburg Research

The Adani Group is likely to take US short-seller Hindenburg Research over its report accusing the Gautam Adani-led conglomerate of stock manipulation and accounting fraud. The company has hired one of Wall Street's biggest defence law firms to take on Hindenburg Research, reported The Financial Times.

IBNSFeb 11, 2023
Moody's downgrades ratings of four Adani companies

Moody's downgrades ratings of four Adani companies

Mumbai: Moody’s Investors Service on Friday downgraded the outlook on four out of the eight Adani Group companies from stable to negative, media reports said.

IBNSFeb 11, 2023

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