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UPA govt made a healthy economy non-performing, claims Modi govt's 'white paper' | RBI keeps repo rate unchanged at 6.5%, pegs FY25 GDP growth at 7 percent | Maharashtra Congress leader Baba Siddique quits party after 48 years | Tamil Nadu: 15 former AIADMK MLAs, 1 ex-MP join BJP ahead of Lok Sabha polls | Modi echoes Mamata's words to dig at Congress, says 'I pray you at least secure 40 seats' | Nitish Kumar meets PM Modi, says will never leave NDA in future | Delhi court summons Arvind Kejriwal over ED's complaint against him | Election Commission assigns new name to Sharad Pawar's party | Migrant worker from Punjab shot dead by terrorists in J&K's Srinagar, 1 injured | NCP's Ajit Pawar faction files caveat application in Supreme Court after EC order

Indian Market: Sensex spurts over 1800 pts

Feb 01, 2021, at 09:14 pm

Mumbai/UNI: The BSE Sensex on Monday posted a massive gain over 1800 pts till noon after the announcement of Union Budget for 2021-22 presented by Finance Minister Nirmala Sitharaman in Parliament.

#Budget2021: Nirmala Sitharaman vaccinates India's economy with healthcare and infra shots; no IT filing for 75+ pensioners

Feb 01, 2021, at 07:38 pm

New Delhi/IBNS: Amid the pandemic and riding on the call for a self-reliant (Atmanirbhar) India, Union Finance Minister Nirmala Sitharaman presented a budget with substantial focus on healthcare and vaccine, while exempting pensioners  above 75 years from filing Income Tax, keeping the personal IT unchanged and announcing infrastructural funds for poll-bound states Tamil Nadu, West Bengal, Kerala and Assam.

Nirmala Sitharaman to present Union Budget today

Feb 01, 2021, at 02:42 pm

New Delhi: Union Finance Minister Nirmala Sitharaman will present the Union Budget on Monday.

GST revenue collection for January touches Rs. 1.20 lakh crore

Feb 01, 2021, at 02:47 am

New Delhi: The gross GST revenue collected in the month of January touched nearly  ₹1.20 lakh crore, as per the Indian government released data on Sunday.

Toyota Kirloskar Motor registers 92% growth in domestic sales in January 2021

Jan 31, 2021, at 09:49 pm

Bangalore: Toyota Kirloskar Motor on Sunday announced that the company sold a total of 11126 units in the month of January 2021, thereby clocking a growth of 92% in domestic sales, when compared to its wholesales in the month of January 2020.

EOGEPL dispatches first ever CNG to Bengal Gas Co for Kolkata

Jan 31, 2021, at 01:39 am

Kolkata/IBNS: Essar Oil and Gas Exploration and Production Ltd (EOGEPL) has said it had filled and dispatched the first ever Compressed Coal Bed Methane (C-CBM) Natural Gas cascade truck for Bengal Gas Company’s maiden CNG station, to be supplied by state-run gas major GAIL (India) Ltd.

Infuse more capital, boost infrastructural development in Budget to push growth in building material industry : MD Aparna Enterprises Ltd

Jan 30, 2021, at 09:36 pm

Mumbai/IBNS: The building material industry is one of the few industries on a faster recovery trajectory and in fact the sector poised to witness 5 per cent to 10 per cent growth in 2022 and in order to continue with this growth, greater efforts from the government in the upcoming budget is called for, said Ashwin Reddy, Managing Director, Aparna Enterprises Limited.

Union Budget: Govt must take measures to lower ATF prices to help aviation sector reeling under Covid-19, say experts

Jan 30, 2021, at 08:44 pm

Mumbai/IBNS: The aviation sector has suffered unprecedented losses due to Covid-19 pandemic and still continues to cast its shadow on the sector.

SBM Bank India and StashFin to launch contactless Prepaid Cards

Jan 29, 2021, at 11:57 pm

Kolkata/UNI:  Singapore-based neo banking startup StashFin and SBM Bank India have announced the launch of their co-branded contactless prepaid cards.

Economic Survey rightly sees economy 'homecoming to normalcy': ASSOCHAM

Jan 29, 2021, at 11:48 pm

Kolkata/IBNS: The Economic Survey presented in Parliament has hit the nail right on its head by stating that the Indian economy's ''homecoming'' to normalcy is leading to hopes of a robust recovery in services and consumption; emphasizing forcefully that the reforms must continue to realise the full growth potential, ASSOCHAM has said.

Economic Survey says overall inflation is expected to moderate

Jan 29, 2021, at 11:19 pm

New York: The Economic Survey 2020-21 says that going forward, as food inflation eases further, overall inflation is expected to moderate.

Economic Survey says India witnessed improved monetary policy transmission

Jan 29, 2021, at 11:02 pm

New Delhi: The monetary policy was significantly eased from March 2020 onwards owing to the unprecedented COVID 19 pandemic and remained accommodative in 2020, states the Economic Survey.

Indian agriculture contributes to green shoots of the Indian e conomy with a Growth Rate of 3.4 Per Cent Despite COVID-19 Pandemic

Jan 29, 2021, at 10:40 pm

New Delhi: India’s agricultural sector has shown its resilience amid the adversities of COVID-19 induced lockdowns. 

Indian Market: Sensex down 588.59 pts

Jan 29, 2021, at 10:17 pm

Mumbai/UNI: The BSE Sensex on Friday slumped 588.59 pts to settle at 46,285.77 in highly volatile session on heavy selling in Telecom, Auto, IT and Technology stocks amid weak global cues.

Kalyani Steels Q3 consolidated net profit rises 87.24 pc to Rs 60.48 crore

Jan 29, 2021, at 10:05 pm

Mumbai/UNI: Kalyani Steels has reported a jump of 87.24 pc in its net profit for the quarter ended December 31, 2020 at Rs 60.48 crore as against net profit of Rs 32.30 crore for the quarter ended December 31, 2019.

Economic Survey strongly recommends increase in public health spending from 1% to 2.5-3% of GDP

Jan 29, 2021, at 09:48 pm

New Delhi: The Economic Survey 2020-21 has strongly recommended an increase in public spending on healthcare services from 1 percent to 2.5-3 percent of GDP, as envisaged in the National Health Policy 2017.

Indian Oil Corporation Q3 net moves up by 64.42 pc

Jan 29, 2021, at 09:40 pm

Mumbai/UNI: Indian Oil Corporation reported a rise of 64.42 pc in its consolidated net profit for the quarter ended December 31, 2020 at Rs 4359.11 crore as against net profit of Rs 2683.87 crore for the quarter ended December 31, 2019.

India to grow at 11.5 pc in FY 21-22, predicts Economic Survey

Jan 29, 2021, at 09:28 pm

New Delhi/UNI: India's gross domestic product will grow at 11.5 per cent in fiscal 2021-22, projects the Economic Survey 2020-21 that Finance Minister Nirmala Sitharaman tabled in Parliament on Friday.

Economic Survey says going forward, as food inflation eases further, overall inflation is expected to moderate

Jan 29, 2021, at 09:24 pm

New Delhi: The Economic Survey 2020-21 says that going forward, as food inflation eases further, overall inflation is expected to moderate. 

Jammu and Kashmir: Import process of high value seeds, plants finalised

Jan 29, 2021, at 02:19 am

Srinagar: Director Horticulture Kashmir, Ajaz Ahmad Bhat, who is also Mission Director, MIDH-J&K todayconvened a meeting at Directorate of Horticulture Kashmir to finalize the modalities in respect ofcreation of Post entry quarantine (PEQ) facilities for import of elite horticulture plant material and seedsin Advanced Centre for Horticulture Development (ACHD), Zainapora, Shopian.

Self-publishing platform Pratilipi connects three lakh writers with millions of readers

Jan 28, 2021, at 08:33 pm

Kolkata/IBNS: Pratilipi is a self-publishing platform, which allows novice and established writers from diverse backgrounds to reach out to a large readership.

Vikram Sharma is Human Resource Director at JW Marriott Kolkata

Jan 28, 2021, at 08:27 pm

Kolkata/IBNS: Vikram Sharma has been appointed as the Human Resource Director at JW Marriott Kolkata and will be responsible for the overall administration of recruitment, strategic HRM, training, and development, employee relations, and retention.

Indian farmers can use Krishi Sakha app from Bharti AXA for updates on farming practices and protection

Jan 28, 2021, at 08:24 pm

New Delhi/IBNS: Private non-life insurer Bharti AXA General Insurance has introduced a new app ‘Krishi Sakha’ to cater to the specific needs of the farmers in the country and guide them in adopting best farming practices and enhancing productivity.

Emami Q3 consolidated net moves up by 44.67 pc to Rs 208.96 crore

Jan 27, 2021, at 10:43 pm

Mumbai/UNI: FMCG Major. Emami has reported a rise of 44.67 pc in its consolidated net profit for the quarter ended December 31, 2020 at Rs 208.96 crores as against net profit of Rs.144.44 crores for the quarter ended December 31, 2019.

Indian government releases Rs 12,351 crore to 18 states for grants to rural local bodies

Jan 27, 2021, at 10:34 pm

New Delhi: The Department of Expenditure, Ministry of Finance has released an amount of Rs.12,351.5 crore to 18 states for providing grants to the Rural Local Bodies (RLBs). 

MARICO Q3 consolidated net profit rises by 12.87 pc to Rs 307 crores

Jan 27, 2021, at 10:28 pm

Mumbai/UNI: FMCG major, MARICO has posted a rise 12.87 pc in its net profit at Rs.307 crores for the quarter ended December 31, 2020 as against net profit of Rs 272 crores for the quarter ended December 31, 2019.

Jyothy Labs Q3 consolidated net rises by 18.75 pc

Jan 27, 2021, at 10:25 pm

Mumbai/UNI: Jyothy Labs has reported a rise of 18.75 per cent in its consolidated net profit for the quarter ended December 31, 2020 at Rs 55.28 crore as against net profit of Rs 46.55 crores for the quarter ended December 31, 2019.

Welspun India Q3 consolidated net profit zooms by 146.99 pc to Rs. 180.77 crore Q3FY21

Jan 27, 2021, at 10:22 pm

Mumbai/UNI: Welspun India has reported a surge of 146.99 pc in its net profit for the quarter ended December 31, 2020 at Rs 180.77 crore as against net profit of Rs.73.19 crore for the same quarter a year ago.

Canara Bank Q3 consolidated net profit moves up to Rs 739.20 cr

Jan 27, 2021, at 09:32 pm

Mumbai/UNI: Public sector lender, Canara Bank has reported a rise 81.88 per cent in its consolidated net profit for the quarter ended December 31, 2020 at Rs.739.20 crore as against net profit of Rs 406.43 crore for the quarter ended December 31, 2019.

Department of Posts: West Bengal circle launches 'Know your postman'

Jan 26, 2021, at 10:36 pm

Kolkata/UNI: Department of Posts, West Bengal Circle, has launched a new concept on the information of the Postmen available to the members of public.