Industries

RBI Seen Holding Rates Low, Clues Awaited On Normalising Liquidity

RBI Seen Holding Rates Low, Clues Awaited On Normalising Liquidity

Reuters | Tuesday August 03, 2021

Nursing an economy recovering after deadly second coronavirus wave, the RBI is expected to leave interest rates at record lows on Friday.

Loans Worth Rs 15 Lakh Crore Sanctioned Under Mudra Scheme In 6 Years: Centre

Loans Worth Rs 15 Lakh Crore Sanctioned Under Mudra Scheme In 6 Years: Centre

Edited by Animesh Singh | Monday August 02, 2021

Government has sanctioned loans amounting Rs 15.5 lakh crore under its flagship Pradhan Mantri Mudra Yojana ever since its inception in April 2015.

Indian Railways Records Highest-Ever Freight Loading In July 2021

Indian Railways Records Highest-Ever Freight Loading In July 2021

Edited by Animesh Singh | Monday August 02, 2021

Indian Railways has achieved highest ever incremental freight loading of 17,54 million tonnes in July 2021.

No Proposal Received From Cairn To Resolve Tax Dispute, Says Government

No Proposal Received From Cairn To Resolve Tax Dispute, Says Government

Edited by Animesh Singh | Monday August 02, 2021

Cairn Energy Arbitration: Centre has said it has not received any formal proposal from British oil major to resolve the tax dispute.

West Bengal Finance Minister Urges Centre To Desist From Privatising Insurance Firms

West Bengal Finance Minister Urges Centre To Desist From Privatising Insurance Firms

Press Trust of India | Monday August 02, 2021

West Bengal Finance Minister has urged Union Finance Minister Nirmala Sitharaman not to go ahead with the privatisation of public insurance companies.

Maruti Suzuki Sales Rise 39% To Reach 1.36 Lakh Units In July 2021

Maruti Suzuki Sales Rise 39% To Reach 1.36 Lakh Units In July 2021

Edited by Animesh Singh | Sunday August 01, 2021

Maruti Suzuki Sales: Maruti's sale of 1.36 lakh units was higher than 97,768 units which it had sold in July 2020.

Banks To Remain Closed For 15 Days In August: Check Out Full List Here

Banks To Remain Closed For 15 Days In August: Check Out Full List Here

Edited by Animesh Singh | Sunday August 01, 2021

Bank Holidays In August 2021: Lending institutions will remain closed for 15 days during the month.

Centre To Unveil Digital Payment Solution E-RUPI On August 2

Centre To Unveil Digital Payment Solution E-RUPI On August 2

Edited by Animesh Singh | Sunday August 01, 2021

The Centre on August 2 will unveil e-RUPI, a digital payment solution. It is a cashless and contactless instrument for digital payment.

Rakesh Jhunjhunwala's New Airline May Help Revive Boeing In India

Rakesh Jhunjhunwala's New Airline May Help Revive Boeing In India

Reuters | Friday July 30, 2021

Rakesh Jhunjhunwala plans to team up with former CEOs of IndiGo, the country's biggest carrier, and Jet Airways to tap into demand for domestic air travel.

Government's Fiscal Deficit Touches 18.2% Of Annual Target By June 2021

Government's Fiscal Deficit Touches 18.2% Of Annual Target By June 2021

Press Trust of India | Friday July 30, 2021

The central government's fiscal deficit stood at Rs 2.74 lakh crore or 18.2 per cent of the full year's Budget estimate at the end of June, according to data released by the Controller General of Accounts

Rupee, Bonds Fall For Second Straight Month As RBI Policy Comes In Focus

Rupee, Bonds Fall For Second Straight Month As RBI Policy Comes In Focus

Reuters | Friday July 30, 2021

Domestically, foreign fund inflows towards several large and small initial public offerings including online food delivery app Zomato among others helped the rupee.

Infrastructure Output Of Core Sectors Rises 8.9% In June 2021

Infrastructure Output Of Core Sectors Rises 8.9% In June 2021

Edited by Nikita Prasad (With inputs from Agencies) | Friday July 30, 2021

Infrastructure Output in June 2021: The growth in the infrastructure output last month was mostly led by the steel sector, followed by natural gas, and coal sectors.

Centre Permits 100% FDI In Oil, Gas State-Run Firms Approved For Disinvestment

Centre Permits 100% FDI In Oil, Gas State-Run Firms Approved For Disinvestment

Press Trust of India | Thursday July 29, 2021

The move would facilitate privatisation of India's second-biggest oil refiner Bharat Petroleum Corp Ltd (BPCL).

NTPC To Set Up India's First Green Hydrogen Fuelling Station In Ladakh

NTPC To Set Up India's First Green Hydrogen Fuelling Station In Ladakh

Edited by Animesh Singh | Thursday July 29, 2021

National Thermal Power Corporation Renewable Energy Ltd has invited a domestic tender to set up India's first green hydrogen fuelling station in Leh.

Indian Traders Sign Sugar Export Deals In Advance As Frost Hits Brazil

Indian Traders Sign Sugar Export Deals In Advance As Frost Hits Brazil

Reuters | Thursday July 29, 2021

Sugar production in Brazil, the world's biggest producer and exporter, is likely to drop due to a drought and frost that has damaged sugarcane crop.