Indian Market: Sensex recovers over 300 pts
Sep 01, 2020, at 04:06 pm
Mumbai/UNI: The benchmark index of Bombay Stock Exchange on Tuesday smartly recovered by 362 points at 38,990.45 in opening trade as buying was seen across the board.
Indian Rupee regains 47 paise against USD
Sep 01, 2020, at 04:04 pm
Mumbai/UNI: The Rupee on Tuesday smartly recovered by 47 paise at 73.13 against the US Dollar in opening trade on selling of the greenback by bankers and exporters, dealers at the Forex Market said.
Finance Ministry and UNDP India collaborate to pormote sustainable finance in India
Sep 01, 2020, at 05:59 am
New Delhi/IBNS: The Department of Economic Affairs, Ministry of Finance, Government of India and United Nations Development Programme (UNDP) India have launched the Sustainable Finance Collaborative (SFC). The three-day consultation was held with the objective of bringing together leading experts and organizations to work together to boost the country’s efforts on mobilizing sustainable and green finance.
India's GDP at -23.9 pc marks worst contraction on record
Sep 01, 2020, at 02:47 am
New Delhi/IBNS: India's GDP contracted 23.9 percent in the April-June quarter, the worst ever performance on record, the National Statistical Office (NSO) data showed today.
Sep 01, 2020, at 12:30 am
Mumbai/UNI: Sun Pharma on Monday tumbled down by 7.34 per cent to Rs 515 a major loser in 30 scrips of BSE while ONGC by 1.74 per cent was the top gainer.
India's July retail inflation for industrial workers eases marginally to 5.33 pct
Aug 31, 2020, at 11:12 pm
New Delhi: Retail inflation for industrial workers eased marginally to 5.33 per cent in July, as per government data released on Monday.
Eight core industries' output contracts for the 5th consecutive month in July, moves down by 9.6 pct
Aug 31, 2020, at 10:54 pm
New Delhi: The output of eight core infrastructure industries moved down for the fifth consecutive month in July as it touched 9.6 percent, as per government data released on Monday.
Indian market: Sensex crashes by 839.02 pts
Aug 31, 2020, at 10:40 pm
Mumbai/UNI: Snapping six days rally, the BSE Sensex on Monday nosedived by 839.92 points at 38,628.29 after the news that Chinese troops carried out provocative military movements in Eastern Ladakh.
Saudi Arabia announces discovery of new oil, gas fields
Aug 31, 2020, at 09:06 pm
Riyadh/Xinhua: Saudi Energy Minister Abdulaziz bin Salman Al Saud announced on Sunday the discovery of two oil and gas fields in the kingdom, the Saudi Press Agency reported.
Indian Rupee up by 12 paise against USD
Aug 31, 2020, at 05:50 pm
Mumbai/UNI: The Rupee on Monday advanced by 12 paise at 73.26 against the US Dollar in opening trade on selling of US Dollar by bankers and exporters, dealers at the Forex Market said.
Aug 31, 2020, at 05:46 pm
Mumbai/UNI: The benchmark index of Bombay Stock Exchange on Monday rallied by 378 pts at 39,845.33 in opening trade on the strength of Bankex, Finance, Energy and Oil and Gas stocks ahead of the release of Q1 GDP data later in the day.
Reliance Retail buys Future Group's retail, supply chain and other business for Rs 24,713 cr
Aug 30, 2020, at 03:28 am
Mumbai/IBNS: Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries led by billionaire Mukesh Ambani, Saturday announced that it is acquiring the retail and wholesale as well as logistics and warehousing businesses of the Future Group for Rs 24,713 crore as going concerns on a slump sale basis, according to media reports.
Indian Market: Sensex zooms 1032.59 pts during week
Aug 29, 2020, at 09:47 pm
Mumbai/UNI: The benchmark index of Bombay Stock Exchange (BSE) zoomed by 1,032.59 points or 2.69 per cent to settle at 39,467.31 in a week under review as investors cheered optimism about a potential treatment for Coronavirus and pick up in business activity.
Dinesh Khara recommend for the post of new SBI Chairman
Aug 29, 2020, at 09:09 pm
Mumbai/IBNS: The Banks Board Bureau (BBB) has recommended Dinesh Kumar Khara as the next Chairman of State Bank of India, said media reports.
Aug 29, 2020, at 07:42 pm
New Delhi/IBNS: Unlike many sectors which are now seeing a chance to reopen under the unlock phase, the events industry is still not being allowed to reopen, according to the stakeholders.
UN Chief urges India to increase reliance on renewable energy, phase out coal use
Aug 29, 2020, at 01:24 am
New Delhi/IBNS: United Nations Secretary-General António Guterres has urged the Indian government to diminish coal use and rely on renewable energy, pointing out the downsides of coal mining and burning, including environmental pollution, global warming, health care costs, media reports said.
IndusInd Bank moves up by 8.43 pc to Rs 656.50
Aug 28, 2020, at 10:32 pm
Mumbai/UNI: IndusInd Bank on Friday advanced by 8.43 pc to Rs 656.50 a major gainer in 30 scrips of BSE.
Indian Market: Sensex rallies 353.84 pts
Aug 28, 2020, at 10:19 pm
Mumbai/UNI: The benchmark index of Bombay Stock Exchange (BSE) on Friday spurted by 353.84 pts to 39,467.31 following gains in Bankex, Telecom, Finance and Capital Goods stocks.
GP Petroleums Q1net loss stands at Rs 2.07 cr
Aug 28, 2020, at 10:18 pm
Mumbai/UNI: GP Petroleums has posted a net loss of Rs 2.07 crore for the quarter ended June 30, 2020 as against net profit of Rs 4.09 crore for the quarter ended June 30, 2019.
Indian Rupee advances 42 paise against USD
Aug 28, 2020, at 08:51 pm
Mumbai/UNI: The Rupee on Friday edged up by 42 paise to 73.38 against the greenback on brisk selling of US Dollar by bankers and exporters, dealers at the Forex Market said.
West Bengal to increase solar generation capacity to 300 MW within a year, says state power minister
Aug 28, 2020, at 05:54 am
Kolkata/IBNS: The West Bengal government is making serious efforts in adopting clean energy, as a part of which the solar generation capacity of the state has increased to 30 Megawatt and in the course of next one year it will increase to 300 Megawatt, said state power minister Sobhandeb Chattopadhyay on Thursday.
Indian state-owned refiners stop import from China-linked companies: Report
Aug 28, 2020, at 03:32 am
New Delhi/IBNS: Indian state-owned refiners have stopped importing crude oil from China-linked companies, a Reuters report said, adding that the development is linked to the restrictions imposed by New Delhi on imports from countries it shares common borders.
Aug 28, 2020, at 12:57 am
Mumbai/IBNS: The Reserve Bank of India’s (RBI) framework for Covid-19 solutions is well thought and taken after due consultations, Governor Shaktikanta Das said Thursday, adding that the central bank’s response to COVID-19 is unprecedented.
Coronavirus act of God which affected GST collections: Nirmala Sitharaman
Aug 27, 2020, at 11:48 pm
New Delhi/IBNS: Amid pressure from several states to compensate the revenue shortfall, Union Finance Minister Nirmala Sitharaman on Thursday said Novel Coronavirus is an act of God that has affected the Goods and Services Tax (GST).
Digital economy can put citizens in control of finance, says UN taskforce
Aug 27, 2020, at 06:40 pm
New York: A UN taskforce set up to look into the risks and benefits of the digital economy, has concluded that it could have a transformational impact on sustainable development, and empower citizens, both as taxpayers and investors.
Aug 27, 2020, at 05:15 pm
Mumbai/UNI: The benchmark index of Bombay Stock Exchange on Thursday advanced by 231 pts at 39,305.42 in opening trade as all sectoral indexes were in the green.
Aug 27, 2020, at 07:18 am
New Delhi/IBNS: India plans to significantly cut down its thermal coal imports to save foreign exchange and create jobs by the development of new and existing coal blocks, according to a senior official of the Coal Ministry on Tuesday.
Aug 27, 2020, at 05:03 am
New Delhi/IBNS: India's crude steel production plummeted 24.6 per cent to 7.150 million tonnes (MT) in July 2020 against 9.485MT crude steel during the same month in 2019, World Steel Association (worldsteel) said in its latest report.
RBI's one-time loan restructuring plan plugs the past gaps: Experts
Aug 27, 2020, at 03:37 am
Kolkata/IBNS: The current loan restructuring package by the Reserve Bank of India(RBI) with proper timelines mentioned in the guidelines has plugged all the gaps that were there previously, said Partha Pratim Sengupta, Managing Director & CEO, Indian Overseas Bank.
India and Japan deliberate on investment opportunities at Indian Chamber of Commerce forum
Aug 26, 2020, at 11:39 pm
Kolkata/IBNS: Information Technology (IT), Information Technology Enable Services (ITES), Artificial Intelligence (AI), Machine Tools, Aerospace, Biotechnology, and Engineering Design are some of the areas where Japanese investment can flow in, said Karnataka Chief Minister B S Yeddyurappa.