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Nearly 5 years since note ban: Cash with public rising, at all-time high
Currency with public has continued to rise even five years after the government announced demonetisation on November 8, 2016.
With cash remaining the preferred mode of payment, currency with public for the fortnight ended October 8, 2021…
Muhurat Trading 2021: Sensex climbs 296 points, Nifty settles above 17,900 mark led by auto, banks,…
The benchmark equity indices on the BSE and National Stock Exchange (NSE) ended nearly 0.5 per cent higher during the special Muhurat trading session on Thursday to mark the beginning of Samvat 2078. The gains were led by automobiles,…
Paytm raises Rs 8,235 crore from 122 anchor investors
Paytm IPO: One97 Communications, the parent entity of digital payments firm Paytm, has raised Rs 8,235 crore from 122 anchor investors ahead of its Rs 18,300 crore initial public offering (IPO).
According to the data available from the…
Petrol and diesel prices drop after govt cuts excise duty, check fuel rates in your city
Petrol and diesel price today: A day after the central government announced a cut in excise duty on petrol and diesel, the key auto fuel prices dropped from their record highs across the country on Thursday, November 4, 2021. In the…
‘Ten Minutes a Day to Make Life Successful’ says how spiritual quotient can nullify…
Thiruvananthapuram, Nov 4 (UNI) 'Ten Minutes a Day to Make Life Successful' authored by VK Anil Kumar, motivational speaker and a career counsellor, highlights how spiritual quotient can nullify the most threatening factor -- risk -- of the…
A Cryptocurrency inspired by ‘Squid Game’ crashes. The industry has questions
Millions of dollars vanished in a matter of minutes after investors piled into a new cryptocurrency inspired by “Squid Game,” the popular Netflix survival series, only to watch its value plunge to nearly zero in a few short hours.
The…
Sharjah flight: Pakistan had given its nod before flight was launched
Former CMs Omar Abdullah & Mehbooba Mufti issue conflicting statements on Pakistan backtracks
China successfully puts Yaogan-32 earth remote-sensing satellites into orbit: Space Agency
Washington, Nov 3 (UNI/Sputnik) The most significant challenge for the United States from China is the pace at which the latter is developing its technology in space, US Space Force Lt. Gen. Chance Saltzman said on Wednesday.
"The most…
Five people killed in crash of Russian An-12 Plane: Emergencies
Moscow, Nov 3 (UNI/Sputnik) Five people died in the crash of a Russian An-12 cargo plane near Irkutsk, and the fate of five more people remains uncertain, a spokesman for emergency services told Sputnik on Wednesday.
"According to…
SBI posts ‘record’ quarterly net as asset quality improves
State Bank of India (SBI) on Wednesday reported a net profit of Rs 7,626 crore — the highest ever for the bank — for the quarter ended September 30, 2021, up 67 per cent from Rs 4,574 crore in the corresponding quarter of last year.
The…
In October, services sector shows strong uptick, points to revival: PMI
The services sector, which took the biggest hit when the Covid pandemic hit the country last year, staged a strong growth in October, driven by an uptick of demand and sentiments ahead of the festive season, a monthly survey said on…
IPO Wrap: Sigachi Industries IPO subscribed 101.91 times; Policybazaar IPO subscribed 16.59 times
The blockbuster week of initial public offerings (IPOs) came to an end on Wednesday with three IPOs – Policybazaar operator PB Fintech, SJS Enterprises and Sigachi Industries – which were launched earlier this week, got oversubscribed.…
SBI Q2 consolidated profit surges 69% to Rs 8,890 crore
The country’s largest lender State Bank of India (SBI) on Wednesday reported a 69 per cent jump in its consolidated net profit at Rs 8.889.84 crore for the second quarter ended September 30 on account of decline in bad loans.
The bank’s…
Pakistan denies overflying permission to Srinagar-Sharjah flights
New Delhi, Nov 3 (UNI) By Nirbhay Kumar; Kashmiris traveling to and fro Srinagar and Sharjah have to spend extra time in travel, thanks to Pakistan's denial of overflight rights to the air service inaugurated with much fanfare about two…
42 cos selected under PLI scheme for white goods to invest Rs 4,614 crores
New Delhi, Nov 3 (UNI) The Government has selected 42 companies under the PLI Scheme for White Goods proposed by the Department for Promotion of Industry & Internal Trade (DPIIT) which is the nodal department for this PLI scheme - air…
Think Factory ‘Security and Policy Initiatives’ (SAPI) launched in New Delhi
New Delhi: The virtual launch of think factory 'Security and Policy Initiatives' (SAPI) took place in the presence of former Governor (Chattisgarh) and former Defence Secretary Shekhar Dutt ( IAS Retd), Dr Sivathanu Pillai who is former…
HPCL to commission 370 tonne/annum capacity green Hydrogen plant by Dec 2022: CMD
New Delhi: State-run Hindustan Petroleum Corporation Ltd (HPCL) will be putting up a 370-tonne per annum capacity green Hydrogen plant in Vizag refinery and expects to commission it by December 2022, said its Chairman and Managing Director…
Defence Acquisition Council approves proposals worth Rs 7,965 crore
New Delhi: The Defence Acquisition Council (DAC), in its meeting held on Tuesday under the chairmanship of Defence Minister Rajnath Singh, accorded Acceptance of Necessity (AoN) for capital acquisition proposals for modernisation and…
Kotak on IL&FS debt: Rs 52.2K cr resolved, will address Rs 4,800 cr more by March-end
Of the targeted Rs 61,000 crore debt resolution by the fiscal-end, IL&FS has resolved Rs 52,200 crore by October-end and will address another Rs 4,800 crore more by March-end 2022, the management said on Tuesday. The company is sitting…
PCA framework revised: Asset quality, capital, leverage key
The Reserve Bank on Tuesday announced a revised Prompt Corrective Action (PCA) framework for banks to enable supervisory intervention at an “appropriate time” and also act as a tool for effective market discipline. The new provisions will…