Business and financial news
Kolkata: Volkswagen Passenger Cars India strengthens its presence in East India with the inauguration of two new touchpoints in the city of Kolkata.
Jamshedpur/UNI: Tata Steel on Sunday successfully executed the implosion of two obsolete coke plant facilities - Battery#6 Chimney and a Coal Tower - at its Jamshedpur Works under controlled conditions.
Shimla: Telecommunication service provider Bharti Airtel on Monday announced the launch of its cutting edge 5G services in Shimla.
New Delhi: Luxury motorcycle brand Ducati on MOnday announced an increase in price on its entire motorcycle range to be effective on Ex-Showroom India price, from 1st January 2023.
New Delhi: In a significant move to facilitate trade, the GST Council chaired by Finance Minister Nirmala Sitharaman on Saturday decided to decriminalise certain offences and doubled the threshold for launching prosecution to Rs 2 crore under GST.
New Delhi: Bilkis Bano received a setback as the Supreme Court had dismissed her review petition in which she had challenged this year's May 13 verdict which directed the Gujarat government to decide remission pleas of 11 life imprisonment persons convicted for gangrapes-murders during 2002 communal riots in Gujarat.
New Delhi/UNI: Indraprastha Gas Ltd (IGL) on Saturday increased the prices of Compressed Natural Gas (CNG).
New Delhi: Indraprastha Gas Ltd (IGL) on Saturday increased the prices of Compressed Natural Gas (CNG).
New Delhi/IBNS: In a telephone conversation with Russian President Vladimir Putin on Friday, Prime Minister Narendra Modi reiterated his call for dialogue and diplomacy as the only way forward to resolve the ongoing conflict in Ukraine.
New Delhi/IBNS: India’s crude oil import grew by 52.58 percent to $146.57 billion during April-November during FY23, according to data shared by the Ministry of Commerce.
New Delhi/IBNS: The India-Australia Economic Cooperation and Trade Agreement (Ind-Aus ECTA) will come into force on December 29.
New Delhi/IBNS: The Ministry of Finance on Friday said the subscription for Series III of the Sovereign Gold Bonds 2022-23 will open during December 19-23, 2022.
New Delhi/IBNS: Indian Renewable Energy Development Agency Ltd. (IREDA) signed a historic loan agreement for Rs 4,444.71 crore with SJVN Green Energy Ltd. (SGEL, a subsidiary of SJVN Ltd.) Thursday, for a 1,000 MW Solar power project at Bikaner, Rajasthan.
Mumbai/IBNS: Poonawalla Fincorp said the company’s board has approved the sale of its housing subsidiary to focus on building a tech-led and digital-first financial services company, with leadership in consumer and MSME financing.
Mumbai: The BSE Sensex on Friday lost another 461.22 pts to settle at 61,337.81 on weak global cues.
Mumbai: The Rupee remained negative on Friday too, as it dropped 11 paise to close at 82.87 on brisk demand for US Dollar by bankers and importers, dealers at the Foreign Exchange said.
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Kolkata: Jana Small Finance Bank, one of the leading small finance banks in India, announced a hike of interest rates on regular fixed deposits from 15th December, 2022 onwards.
Kolkata/IBNS: Blockchain adoption studio Tezos India has joined hands with NFT infra start-up Revise to provide a framework so that any industry and developer can create their dynamic NFTs.
Jabalpur: HDFC Bank announced that it has opened 100 new branches across India.
New Delhi: The upcoming Union Budget will follow the spirits of the earlier budgets, Union Finance Minister Nirmala Sitharaman said on Friday.
New Delhi/IBNS: India’s coal production in FY23 up to November stands at 524.2 MT, up 17 percent as compared to about 448.1 MT during the same period of last year, according to the Ministry of Coal.
New Delhi/IBNS: Domestic raw coking coal production is likely to reach 140 MT—105 MT by CIL and 35 MT by allocated coking coal blocks—by 2030, Coal Minister Prahlad Joshi said Wednesday.
New Delhi/IBNS: The total number of GI Tags in India now stands at 432 with Karnataka, Tamil Nadu, Uttar Pradesh, Karnataka, and Kerala holding the maximum number of GI Tags, according to the Ministry of Commerce & Industry.
New Delhi/IBNS: Union Minister Jitendra Singh Wednesday said that India is not reliant on China for accessing rare earth minerals.
Bengaluru/IBNS: The first G20 Finance and Central Bank Deputies Meeting, under the Indian Presidency, was held in Bengaluru, Karnataka, during December 13-14, 2022, under the co-chairship of Secretary, Economic Affairs, jay Seth and Deputy Governor, Reserve Bank of India, Dr Michael Patra.
Mumbai/IBNS: State Bank of India (SBI) is looking to raise Rs 10,000 crore via additional tier - 1 (AT1) bonds until March 2024, to fund business growth.
New Delhi/IBNS: Finance Minister Nirmala Sitharaman Wednesday told the Lok Sabha that the government will be able to achieve the fiscal deficit target of 6.4 percent of GDP for 2022-23 (FY23) even after taking into account Rs 4.36-trillion additional spending.
Mumbai/IBNS: India’s one of the largest private sector lenders HDFC Bank acquired a minority stake in fintech startup Mintoak, the bank said in a regulatory filing on Wednesday.
New Delhi: Russia for the first time in November replaced Iraq as the top exporter of crude oil to India, media reports said.
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