Indraprastha Gas Ltd increases CNG price
New Delhi: Indraprastha Gas Ltd (IGL) on Saturday increased the prices of Compressed Natural Gas (CNG).
Finance
PM Modi speaks to Vladimir Putin, reiterates need for dialogue and diplomacy to resolve Ukraine conflict
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.
India's crude oil imports jump by 53 pc during Apr-Nov period, shows latest govt data
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.
India-Aus Economic Cooperation and Trade Agreement (Ind-Aus ECTA) to come into force on Dec 29
New Delhi/IBNS: The India-Australia Economic Cooperation and Trade Agreement (Ind-Aus ECTA) will come into force on December 29.
Sovereign Gold Bond 2022-23: Series III subscription to open on Dec 19
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.
IREDA inks Rs 4,445 cr loan agreement with SJVN Green Energy for 1,000 MW Solar power project
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.
Poonawalla Fincorp announces sale of its housing subsidiary to TPG for Rs 3,900 cr
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.
Indian Market: Sensex tanks 461.23 pts
Mumbai: The BSE Sensex on Friday lost another 461.22 pts to settle at 61,337.81 on weak global cues.
Indian Rupee falls 11 paise against USD
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.
Different Types of Premium Payment Options in Term Plans
A life insurance plan plays a vital role in securing the future of one's family members and loved ones. Term insurance is one of the most preferred and safe solutions for ensuring financial cover in times of uncertainty. But, while we buy term insurance from any insurance service provider, it is equally important to check the amount of premium to be paid.
Jana Small Finance Bank hikes interest rate on regular fixed deposits; senior citizens can earn up to 8.80% interest rate on FD
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.
Tezos India partners with Revise to develop dynamic NFTs
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.
HDFC Bank opens 100 new branches across India
Jabalpur: HDFC Bank announced that it has opened 100 new branches across India.
Upcoming budget will follow spirit of earlier budgets: Union Finance Minister Nirmala Sitharaman
New Delhi: The upcoming Union Budget will follow the spirits of the earlier budgets, Union Finance Minister Nirmala Sitharaman said on Friday.
Coal output up to Nov stands at 524.2 MT; coal-based power generation at 69 pc
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.
Mission Coking Coal: Domestic raw coking coal prodn to reach 140 MT by 2030
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.
Total number of Registered GI tags rise to 432
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.
India not reliant on China for rare earth minerals: Jitendra Singh
New Delhi/IBNS: Union Minister Jitendra Singh Wednesday said that India is not reliant on China for accessing rare earth minerals.
India hosts the 1st G20 Finance and Central Bank Deputies (FCBD) meeting under the G20 India Presidency in Bengaluru
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.
SBI to raise Rs 10,000 cr via AT1 bonds to support biz growth
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.
Centre on track to achieve fiscal deficit target of 6.4 pc for FY23: Sitharaman
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.
HDFC bank acquires minority stake in fintech firm Mintoak
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.
Russia replaces Iraq as the largest oil supplier to India in Nov: Report
New Delhi: Russia for the first time in November replaced Iraq as the top exporter of crude oil to India, media reports said.
Edible oil imports jump 34 pc to 15.29 lakh tonne in November
New Delhi/IBNS: India’s edible oil imports jumped considerably in November by 34 percent to 15.29 lakh tonne on the back of increased shipments of crude palm and refined palm oils, said media reports citing data released by Solvent Extractors' Association of India (SEA).
India-UK FTA to boost jobs, investments and exports between the two countries
New Delhi: The Minister for Commerce and Industry of India, Piyush Goyal, and UK Secretary of State for International Trade, Kemi Badenoch, MP, met on Tuesday in New Delhi to discuss India-UK FTA negotiations.
HOP Electric starts deliveries of OXO e-bike from Jaipur
New Delhi HOP Electric, India's fastest growing electric two-wheeler manufacturer, on Tuesday commenced deliveries of its flagship High-Speed e-bikes, HOP OXO.
Ducati launches the highly anticipated DesertX in India, at INR 17,91,000 ex-showroom India
New Delhi: Luxury motorcycle brand Ducati on Tuesday announced the launch of the new DesertX in India, with prices starting at INR 17,91,000 Ex-Showroom India.
Bank of Maharashtra revises MCLR from Dec 14, 2022
Mumbai: Public sector lender, Bank of Maharashtra on Wednesday said that it has reviewed and revised the Marginal Cost of Funds Based Lending Rate (MCLR) w.e.f. 14.12.2022.
Axis Bank partners with Tata AIG to offer Group Medicare products for its customers from the LGBTQIA+ Community
Kolkata: Axis Bank, in line with its ‘DilSeOpen’ philosophy partners with Tata AIG, to offer Group Medicare products for its new customers from the LGBTQIA+ Community.
India's wholesale inflation drops to 5.85% in November
New Delhi/UNI: India's wholesale inflation eased further to 5.85% in Nov 2022 as against 8.39% recorded in the previous month, according to official data released on Wednesday.