SBI's gold loan portfolio crosses Rs 1 lakh cr for the first time
Jul 02, 2022, at 05:18 pm
State Bank of India's gold loan portfolio has swelled to over Rs 1 lakh crore for the first time, chairman Dinesh Khara said.
New Niti Aayog CEO: An Inspired Choice for an Aspirational India
Jul 02, 2022, at 05:00 pm
The Government of India, late last week, announced the appointment of Mr Parameswaran Iyer, formerly of the Indian Administrative Service (IAS), as the new CEO of Niti Aayog, the nation’s apex policy-making body.
Jul 02, 2022, at 04:32 pm
New Delhi/UNI: The prices of petrol and diesel remained steady for the 42nd straight day Saturday.
Jul 02, 2022, at 06:55 am
New Delhi: Department of Economic Affairs has empanelled 12 Transaction Advisers (TAs) to offer required support to Project Sponsoring Authorities in transactions of Public Private Partnership (PPP) projects, the Finance Ministry said Friday.
June GST collection jumps 56 pc YoY to Rs 1,44,616 cr
Jul 02, 2022, at 03:51 am
New Delhi: India's GST collection in June jumped 56 percent on an annual basis to Rs 1.45 lakh crore compared to Rs 1.4 lakh crore in May, Finance Minister Nirmala Sitharaman said Friday.
Nationwide battery swap policy likely soon: Report
Jul 02, 2022, at 01:56 am
The government is looking to bolster electric two and three wheeler adoption in the country with a nationwide battery swapping policy, the final details of which it is likely to release later this month, Bloomberg reported.
Reliance Industries moves down by 7.25 pc to Rs 2406
Jul 01, 2022, at 10:44 pm
Mumbai: Reliance Industries on Friday declined 7.25 pc to Rs 2406, a major loser in 30 scrips of BSE.
Reliance Brands forays into food & beverage retail with global food chain Pret A Manger
Jul 01, 2022, at 10:42 pm
Mumbai: Reliance Brands Limited (RBL) Thursday announced a strategic partnership with global fresh food and organic coffee chain, Pret A Manger, to launch and build the brand in India.
Indian Market: Sensex moves down by 111.01 points
Jul 01, 2022, at 10:33 pm
Mumbai: The BSE Sensex on Friday fell 111.01 pts to settle at 52,907.93 as selling was seen in Oil and Gas, Power, Utilities and Energy stocks.
Telangana: 100 MW Floating Solar Power Project Commissioned at NTPC-Ramagundam
Jul 01, 2022, at 10:31 pm
The final part capacity of 20 MW out of 100 MW Ramagundam Floating Solar PV Project at Telangana's Ramagundam was declared commercially operational with effect from 00:00 hours of July 01, 2022.
Maruti Suzuki registers sell of 155,857 units in June
Jul 01, 2022, at 10:25 pm
New Delhi: Auto mobile major Maruti Suzuki India Limited sold a total of 155,857 units in June 2022.
MG Motor India records 4,503 retail sales in June 2022; YoY growth of 27% over June 2021
Jul 01, 2022, at 10:15 pm
Gurugram: MG Motor India on announced retail sales of 4,503 units in June 2022, registering a growth of 27% over the corresponding month last year.
Kalyan Jewellers launches 3 new showrooms in India; takes the tally to 158 showrooms globally
Jul 01, 2022, at 10:08 pm
Thrissur: Kalyan Jewellers, one of India’s most trusted and leading jewellery brands has launched 2 new showrooms in Maharashtra, marking its entry in Kolhapur and Sambhaji Nagar; while 1 new showroom at Kamala Nagar in New Delhi.
Jul 01, 2022, at 05:53 pm
New Delhi: EEPC India Chairman Mahesh Desai has said that the launch of the Capacity Building of First-Time MSME Exporters (CBFTE) scheme would give further thrust to the export sector and help India become a sourcing hub for global players across the value chain.
Toyota Kirloskar Motor registers 87 pct growth in wholesales
Jul 01, 2022, at 02:51 pm
Bangalore: Toyota Kirloskar Motor on Friday announced that the company sold a total of 16,500 units in the month of June 2022, thereby registering a growth of 87 percent over wholesales in June 2021.
Kotak launches real-time working capital finance for MSMEs
Jul 01, 2022, at 05:10 am
Kolkata: As part of its digital-first strategy, Kotak Mahindra Bank Thursday announced the launch of a real-time loans offering for its clients classified as micro, small and medium enterprises (MSMEs) that are registered on the Government’s e-Marketplace (GeM) Sahay - a platform that connects sellers with lenders.
Jul 01, 2022, at 02:50 am
Kolkata: More than 82 senior officials from various non-utility organisations will discuss their upcoming requirements with sellers during a two-day event organised by the Indian Electrical & Electronics Manufacturer’s Association (IEEMA).
Financialization of women proceeding at a rapid pace: Senior SBI official
Jun 30, 2022, at 09:32 pm
Kolkata/UNI: With the advent of Pradhan Mantri Jan-Dhan Yojana (PMJDY), the financialization of women is gaining traction, according to Dr Soumya Kanti Ghosh, Group Chief Economic Adviser, State Bank of India.
Sensex rises over 50 pts, Nifty moves up 22.55 pts
Jun 30, 2022, at 09:27 pm
Mumbai/UNI: The BSE Sensex on Thursday rose 59 points to 53,085.99 due to buying witnessed in Telecom, Utilities, Oil and Gas and Power stocks.
India's FY 2021-22 marine product exports jump by over 30 pc to USD 7.76 billion
Jun 30, 2022, at 05:46 pm
New Delhi: India shipped 13,69,264 MT of seafood worth Rs 57,586.48 crore (USD 7.76 billion) during 2021-22, despite heavy odds, the Ministry of Commerce and Industry said Thursday.
LG, Mitsubishi, Wipro and 12 others selected in 2nd round of PLI scheme for White Goods
Jun 30, 2022, at 05:26 pm
A total of 15 applicants have been selected under the 2nd round of the PLI scheme in White Goods.
NITI Aayog and TIFAC report predicts 72 pc penetration of electric two-wheelers by 2031
Jun 30, 2022, at 05:38 am
New Delhi: A hundred percent penetration of electric two-wheelers in the Indian market by FY 2026–27 is possible in an optimistic scenario while in a technology-driven scenario where current incentives are withdrawn by 2024, 72 percent penetration is likely by 2031, a NITI Aayog and TIFAC report has predicted.
Prof Prasanta Chandra Mahalanobis remembered on 'Statistics Day'
Jun 30, 2022, at 05:25 am
In recognition to the notable contributions made by Professor Prasanta Chandra Mahalanobis in the fields of statistics and economic planning, the Government of India has been celebrating his birth anniversary, on 29th June, as “Statistics Day”.
31 companies submit bids for commercial coal mining auction
Jun 30, 2022, at 03:16 am
New Delhi: A total of 31 companies submitted bids in the auction process of coal mines for commercial mining, including Birla Corporation Limited, Jindal Power Ltd, JSW Steel Limited, and Vedanta Limited among others.
Muthoot Finance's updated ‘Muthoot Online’ web app to offer omni channel consumer experience
Jun 30, 2022, at 01:39 am
Kochi: Gold loan provider Muthoot Finance Wednesday launched the new upgraded version of the ‘Muthoot Online’ web application in Kochi, offering an extended array of features that promises an omni channel experience to its customers.
Hotel stay, hospital rooms among items to cost more as GST Council imposes tax: Check out detail
Jun 30, 2022, at 01:25 am
New Delhi/UNI: The GST Council chaired by Finance Minister Nirmala Sitharaman on Wednesday decided to rationalise rates to remove the inverted duty structure and withdraw GST exemption in case of many items leading to a hike in tax rates.
Axis Bank partners with EazyDiner to launch Dining Delights, a premium dining experience
Jun 29, 2022, at 11:52 pm
New Delhi: Axis Bank, a private sector bank, in partnership with EazyDiner, leading table reservation, food discovery and restaurant payment platform, has announced the launch of Dining Delights, a unique and enriching dining experience for the Bank’s customers.
IIFL Wealth Management appoints Nikunj Kedia as Head of Products
Jun 29, 2022, at 10:41 pm
Kolkata: IIFL Wealth Management today announced the appointment of Nikunj Kedia as Head of Products at IIFL Wealth.
Jun 29, 2022, at 10:02 pm
Chennai: myTVS, India’s largest independent integrated multi-brand car service provider, on Wednesday announced the launch of a connected car platform, ‘myTVS Life360’ for all the post-warranty passenger cars.
Indian market: Sensex down by 150.48 points
Jun 29, 2022, at 10:01 pm
Mumbai: The BSE Sensex on Wednesday slipped 150.48 pts to settle at 53,026.97 as selling was seen in Bankex, Technology and IT stocks.