Govt allocates Rs 900 crore for r & d of Covid-19 vaccine
Nov 13, 2020, at 03:13 am
New Delhi/IBNS: Finance Minister Nirmala Sitharaman on Thursday announced Rs 900 crore for research and development for Covid-19 while also assuring that the funds will be allocated for the cost of vaccine and logistics as per requirement.
Aatmanirbhar Bharat 3.0 will push job creation and stronger recovery of the economy: ASSOCHAM
Nov 13, 2020, at 01:33 am
New Delhi/IBNS: Government’s continuous support and the new announcements under the Aatmanirbhar Bharat Yojana 3.0 will make the road to recovery post-pandemic stronger and facilitate and incentivize job creation, and provide much relief and impetus to housing and infrastructure sector,” said Dr. Niranjan Hiranandani, President ASSOCHAM reacting to the announcement of the 7th major stimulus package to support the economy by the Union Finance Minister, Nirmala Sitharaman today in New Delhi.
Govt announces Rs 29.88 Lakh Crore stimulus package to revive Covid-hit Indian economy
Nov 12, 2020, at 11:50 pm
New Delhi/IBNS: In a bid to ward off the gloom surrounding the Indian economy hit by Covid-19 restrictions, the government today announced a slew of measures, including tax relief for home buyers as well as the real estate developers.
Atma Nirbhar Bharat Rozagar Yojana 3.0 : Govt attempts major boost for job creation
Nov 12, 2020, at 09:35 pm
New Delhi/IBNS: Finance Minister Nirmala Sitharaman on Thursday announced Atma Nirbhar Bharat Rozagar Yojana 3.0 aimed at boosting economic growth amid a GDP drop of 8.3 per cent in July-September.
India in 'technical recession' as RBI predicts GDP contraction of 8.6% for July-Sept quarter
Nov 12, 2020, at 06:54 pm
New Delhi/IBNS: India's central bank on Thursday said the country has likely entered into a technical recession besides predicting a contraction in Gross Domestic Product (GDP) of 8.6% in the July-September quarter, media reports said.
This Diwali, shop and maximise your benefits with Bajaj Finserv & Reliance Digital
Nov 12, 2020, at 06:38 pm
This Diwali, shopping at Reliance Digital stores across the country is more rewarding than ever. To help consumers get better value for their money, Bajaj Finserv and Reliance Digital have teamed up to offer hassle-free No Cost EMI financing and a wide range of benefits, running up to Rs.12,500. These offers are valid from October 31,2020 to November 17, 2020 and give you a way to bring home the latest electronics, gadgets, household appliances, mobiles, laptops and more, while also claiming attractive deals and discounts.
Another stimulus to support the ailing Indian economy likely before Diwali: Report
Nov 12, 2020, at 04:40 am
New Delhi/IBNS: The Indian government is likely to announce another round of economic stimulus before Diwali, said a media report, adding that it would be linked to job creation and extension of the cabinet's decision to push growth with production-linked incentive.
Indian Market: Sensex ends at new peak at 43,593.67 pts
Nov 11, 2020, at 10:29 pm
Mumbai/UNI: The BSE Sensex on Wednesday ended at a new peak at 43,593.67 surging by 316.02 pts following gains in Metal, Health Care, Power and IT stocks.
HDFC Bank launches SmartHub Merchant Solutions 3.0
Nov 11, 2020, at 10:23 pm
Kolkata/Mumbai/IBNS: HDFC Bank on Wednesday announced the launch of India’s first comprehensive banking and payment solution for merchants – SmartHub Merchant Solutions 3.0.
Job consultant Indeed’s virtual hiring week sees spurt in demand for tech jobs
Nov 11, 2020, at 10:18 pm
Kolkata/IBNS: Tech-based jobs requiring skills in Data Analytics, Artificial Intelligence, Machine Learning, and customer support appear to be in demand in the current situation, according to Indeed, an Indian job site.
Indian Market: Sensex at new peak at 43,680.30 pts
Nov 11, 2020, at 04:19 pm
Mumbai/UNI: The BSE Sensex on Wednesday was at a new peak at 43,680.30, up by 402.65 in opening session as buying was witnessed across the board amid strong global peers.
Bajaj Finance rallied by 8.84 pc to Rs 4208.60
Nov 10, 2020, at 10:23 pm
Mumbai/UNI: Bajaj Finance on Tuesday rallied by 8.84 pc to Rs 4208.60 a major gainer in 30 scrips of BSE.
Indian Market: Sensex ends at record high at 43,277.65 pts
Nov 10, 2020, at 10:19 pm
Mumbai/UNI: The BSE Sensex on Tuesday ended at record high at 43,277.65, surging by 680.22 pts following gains in Bankex, Finance, Realty and Capital Goods stocks amid positive Asian Market.
PTC India Ltd's Q2FY21 net profit up by 23 pc to Rs 166.19 Cr
Nov 10, 2020, at 08:34 am
Kolkata/IBNS: Power trading solutions provider PTC India Ltd's on Monday announced a net profit of Rs 166.19 crores up by 23 per cent for quarter ended September 30, compared to Rs 134.90 crores in the year-ago period.
Indian Market: Sensex zooms up 704.37 points
Nov 09, 2020, at 10:00 pm
Mumbai/UNI: The BSE Sensex on Monday ended at a life time high at 42,597.43 as buying was witnessed across the board amid strong global cues.
Indian Rupee ends strong at 74.04 against USD
Nov 09, 2020, at 09:41 pm
Mumbai/UNI: The Rupee rallied for the third straight session on Monday, as it advanced by 16 paise to close at 74.04 against the US dollar on brisk selling of the latter by bankers and exporters, dealers at the Forex Market said.
Uber Connect finds adoption among small family run businesses
Nov 09, 2020, at 08:46 pm
New Delhi/IBNS: Uber has announced that since launching Uber Connect, its on- demand delivery service, in May, hundreds of small, family-run businesses across the country have used it to fulfill client orders in real-time, including items ranging from fresh flowers to fresh bakery goods.
Sovereign Gold Bond Scheme 2020-21 opens today
Nov 09, 2020, at 03:33 pm
Mumbai: The Sovereign Gold Bond Scheme 2020-21 will open for subscription from Monday, officials said.
Indian Market: Sensex zooms 2278.99 points during week
Nov 07, 2020, at 11:02 pm
Mumbai/UNI: The Sensex surged 2,278.99 points or 5.75 per cent to settle at 41,893.06 in the week under review on positive cues from global peers.
Major impetus to IT sector: Centre eases 'work from anywhere' rules
Nov 07, 2020, at 05:44 am
New Delhi/IBNS: The government on Thursday relaxed the registration and compliance requirements for IT/ITeS/ BPO companies to carry out operations beyond their offices, allowing them to work from any location permanently.
Vivo V20SE smartphone launched in West Bengal
Nov 07, 2020, at 05:05 am
Kolkata/IBNS: Chinese smartphone giant, Vivo has expanded its V20-series line-up with the launch of V20 SE in West Bengal.
India only among top three smartphone markets to record growth in Sep qtr
Nov 07, 2020, at 02:17 am
New Delhi/IBNS: India was the only smartphone market in the global top three which showed a year-on-year growth in shipments in September quarter this fiscal while the other two, United States and China, recorded a decline compared to the same quarter last year, according to International Data Corporation (IDC).
WhatsApp's UPI payment service starts in India
Nov 06, 2020, at 10:55 pm
Mumbai/IBNS: After years of struggle, Facebook Inc has finally managed to get approval for operating WhatsApp payments in India, starting Friday.
Indian Market: Sensex rallies 552.90 pts
Nov 06, 2020, at 10:50 pm
Mumbai/UNI: The BSE Sensex on Friday surged by 552.90 pts at 41,893.06 following gains in Reliance Industries, Bharti Airtel, HDFC Bank and Kotak Bank amid strong global cues.
Indian Rupee advances 19 paise against USD
Nov 06, 2020, at 10:20 pm
Mumbai/UNI: The Rupee on Friday was seen stronger by 19 paise to close high at 74.20 against the US Dollar on brisk selling of US Dollar by bankers and exporters, dealers at the Forex Market said.
Saudi sovereign fund PIF invests Rs 9,555 cr for 2.04% stake in Reliance Retail Ventures Ltd
Nov 06, 2020, at 07:41 am
Mumbai/IBNS: Mukesh Ambani led Reliance Industries Ltd on Thursday announced that Saudi Arabia's sovereign Public Investment Fund (PIF) will invest Rs 9,555 crore (approximately $1.3 billion) for an equity stake of 2.04% in Reliance Retail Ventures Limited (RRVL).
Birla Corp records net profit of Rs 167 cr up 89 pc
Nov 06, 2020, at 06:35 am
Kolkata/IBNS: Birla Corporation Limited posted a net profit for the quarter at Rs166.62 crore was up 88.6 per cent over the same period last year.
Ramesh Lakshminarayanan moves to HDFC Bank from CRISIL, joins as Chief Information Officer
Nov 06, 2020, at 01:28 am
Mumbai/IBNS: HDFC Bank Ltd has appointed Ramesh Lakshminarayanan as its new Group Head – Information Technology.
Micky Metals Limited launches new range of super ductile ribbed TMT reinforcement bars
Nov 06, 2020, at 01:24 am
Kolkata/IBNS: Micky Power Plus TMT 600 SD, a venture of Micky Metals Limited, recently launched a new range of super ductile ribbed TMT reinforcement bars.
Jammu and Kashmir: Dir Horticulture visits orchards in Kulgam
Nov 06, 2020, at 12:17 am
Srinagar: The Director Horticulture Kashmir, Ajaz Ahmad Bhat Wednesday visited various orchards in different horticulture zones in Kulgam. During the visit, the Director impressed upon orchardists for timely pruning after harvesting fruit crop and also exhorted for soil testing of their orchards, application of organic fertilizer, vermi compost for Soil Health Management.