India's Oct merchandise trade deficit widens to record level as gold imports jump by 95% YoY
New Delhi: India's merchandise trade deficit widened to an all-time high level in October, bolstered by a 95 percent jump in gold imports, the commerce ministry said on Wednesday.
ONGC planning to invest Rs 1 lakh cr to set up two petrochemical plants
Mumbai: India’s leading oil and gas producer and explorer ONGC is planning to invest approximately Rs 1 lakh crore in setting up two petrochemical plants aimed at directly converting crude oil into high-value chemical products, Moneycontrol reported.
Vedanta Group sets up new unit in Saudi Arabia for copper business
Mining multinational Vedanta group has expanded its business with Malco Energy Ltd, its subsidiary, setting up a new establishment in Saudi Arabia for copper business for SAR (Saudi riyal) 1,00,000, media reports said.
RBI directs Bajaj Finance to stop lending under two lending products
Mumbai: The Reserve Bank of India (RBI) on Wednesday directed Bajaj Finance to stop issuing loans under its two products eCOM and Insta EMI Card.
India is planning to invite bids for an 80 billion-rupee($960 million) incentive programme to manufacture electric vehicle batteries in the nation, media reports said.
Indian Market closing bell: Sensex jumps up 742.06 pts
The BSE Sensex on Wednesday registered huge gains of 742.06 pts to close high at 65,675.93 on strong global cues.
Indian Market: Sensex moves up over 500 points
The BSE Sensex on Wednesday bounced back 598 points at 65,532.45 in the opening session as buying was seen across the board amid a positive Asian market.
Odisha Cabinet approves Bhubaneswar Metro Rail Project Phase-1
Bhubaneswar: Odisha Cabinet on Tuesday approved the proposal for the construction of Bhubaneswar Metro Rail Project Phase 1 with an estimated cost of Rs 5929.38 crore.
Doyen of the Indian hotel industry The Oberoi Group Chairman emeritus PRS Oberoi dies at 94
Mumbai: Hotel industry veteran Prithvi Raj Singh Oberoi died on Tuesday morning at the age of 94.
Sahara Group founder Subrata Roy dies at 75 after prolonged illness
Mumbai/IBNS: Sahara Group founder Subrata Roy died on Tuesday after a prolonged illness at the Kokilaben Hospital in Mumbai. He was 75.
'8.30% FERT CO GOI SPLBOND 2023' to be paid in full on Dec 7
New Delhi: The government will repay the remaining amount on the '8.30% FERT CO GOI SPLBOND 2023' in full on December 07, 2023, after which no further interest will accrue, the Ministry of Finance said on Tuesday.
Piyush Goyal meets Tesla officials at carmaker's Fremont factory in US
San Francisco: Union Minister of Commerce and Industry Piyush Goyal visited the Tesla Factory Unit in Fremont, United States and interacted with the senior executives of the Tesla group, a government statement said.
Ministry of Mines to auction 20 blocks of critical minerals in next two weeks
New Delhi: Mines Secretary V.L. Kantha Rao on Tuesday said that the Ministry of Mines is in the process of auctioning 20 blocks of critical minerals including lithium and graphite in the next two weeks.
Adani Energy Solutions plans to raise $360 million through bonds
Mumbai: Adani Energy Solutions (AESL), formerly known as Adani Transmission, is planning to raise $360 million through bond issuance on a private placement basis, a report in the media said.
India's wholesale inflation remains in negative zone in October
Remaining in the negative zone, India's wholesale inflation dropped to - 0.52% in October 2023, as against - 0.26% in the previous month.