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Telcos may not get more time to pay spectrum fee
NEW DELHI/CHENNAI: The finance ministry is not in favour of giving any extension of the moratorium on spectrum dues to telecom companies due to tight fiscal position. According to sources in the finance ministry, many telecom companies,…
India adds 3 million hectares of forest area to achieve land degradation neutrality
New Delhi , August 10 India in order to restore the global ecosystem embarked upon land conservation measures, adding 3 million hectares of forest area in the past decade to achieve its national commitment of land degradation…
Gold has lost all Trigger Points, recovery in six months is grim
Gold, the precious metal Indians love the most, is trading bearish in the last few sessions. On Monday, Gold momentarily slipped to a 14 month low of $1,677 per ounce before returning to $1,725 levels. On August 4, Gold traded at $1,830 per…
How to Tell if a Car Has an Exhaust Leak
How can you tell if your car has an exhaust leak? Your ears and nose can alert you to some exhaust leaks, but they may not be able to detect all leaks, including ones that could allow carbon monoxide inside your vehicle, which can be…
JK Tyre posts Q1 consolidated net profit of Rs 44 crore
NEW DELHI: JK Tyre & Industries on Saturday said it has posted a consolidated net profit of Rs 44 crore for the first quarter ended June 2021.
The tyre major had reported a net loss of Rs 204 crore in the April-June period of 2020-21…
Hindustan Copper Q1 net profit rises 54 per cent to Rs 46 crore
NEW DELHI: Hindustan Copper on Saturday reported a 53.6 per cent rise in consolidated net profit at Rs 45.63 crore for the quarter ended June 30, 2021.
The company had a consolidated net profit after tax and share of profit of…
Goyal calls for increasing handloom exports to Rs 10,000 crore in three years
NEW DELHI: Textiles Minister Piyush Goyal on Saturday called for increasing handloom exports to Rs 10,000 crore and doubling the production to Rs 1.25 lakh crore in the next three years with a view to promoting the growth of the sector. At…
Bank of Baroda clocks Q1 profit of Rs 1,209 crore
NEW DELHI: State-owned Bank of Baroda (BoB) on Saturday reported a standalone profit of Rs 1,208.63 crore during the quarter ended June 2021, helped by decline in bad loans provisioning.
The bank had posted a net loss of Rs 864 crore in…
Bitcoin Reaches highest price in Q2 at $44,500 despite fears of US crackdown
Moscow, Aug 8 (UNI/Sputnik) The price of Bitcoin continues to rise, hitting the highest level since mid-May at over $44,000 despite fears that the United States may pass cryptocurrency tax reporting legislation under the new Infrastructure…
How Often Do I Need to Wax My Car?
How often do you need to wax your car? This is easy to remember no matter your level of auto adeptness: If your vehicle is usually parked in a garage or otherwise sheltered from the elements, waxing it twice a year should be enough to…
Lenders to Future Group a worried lot
NEW DELHI: Lenders of cash-strapped Future Retail are the most worried lot with the Supreme Court’s ruling favouring Amazon in its long-running dispute with Kishore Biyani-led group on its merger deal with Reliance Limited.
As it is,…
Government took seven years to scrap retro tax because of ongoing court cases, says FM
NEW DELHI: Finance minister Nirmala Sitharaman on Friday said that the government has to wait for seven years to scrap the retro tax as many cases were sub-judice at various platforms, the government could not make legislative changes and…
City Union Bank posts 12 per cent profit in Q1
NEW DELHI: Tamil Nadu-based City Union Bank (CUB) posted a net profit of Rs 173 crore in the April-June quarter of 2020-21, a 12% increase over Rs 154 crore in the same quarter last year. The bank, however, reported a decline in the total…
RBI’s calibrated liquidity normalisation
NEW DELHI: August’s policy meeting has tried to walk a tightrope in attempting to differentiate its liquidity manoeuvres from the accommodative policy rate stance, but economists say that the current stance may not prevail for too long. In…
India to partner G-20 countries on digitization for strong Economic Recovery
New Delhi, Aug 7 (UNI) India is looking forward to work with partner countries on shared priorities and collective efforts of the G-20 in building a resilient education system and leveraging digitisation for an inclusive economic…
What’s Causing That Smell in My Car?
If your vehicle is giving off an unusual or sickening odor instead of that instantly identifiable new-car smell, follow your nose and find the source of the aroma. Bad smells can lead to expensive repairs or health hazards and shouldn’t be…
Rita Hemrajani set to be next Managing Director of NHDC
New Delhi: Rita Hemrajani is set to be the next Managing Director (MD) of the National Handloom Development Corporation (NHDC), a PSU under the Ministry of Textile. She has been recommended for the post by the panel of Public Enterprises…
BPCL appoints V Ramakrishna Gupta as its Chief Financial Officer (CFO)
New Delhi: Bharat Petroleum Corporation Limited (BPCL) has appointed V Ramkrishana Gupta as Chief Financial Officer (CFO) of the company with effect from August 1. He has been appointed to the post in place of BPCL's former Director…
Satish Kumar Vaduguri set to be next Director (Marketing) of Indian Oil
New Delhi: Satish Kumar Vaduguri is set to be the next Director (Marketing) of Indian Oil Corporation Limited (IOCL), a Maharatna PSU under the Ministry of Petroleum & Natural Gas. He has been recommended for the post by a panel of the…
Indian Navy’s V Raja Sekhara Rao set to be CMD of NSC Ltd
New Delhi: V Raja Sekhara Rao is set to be the next Chairman & Managing Director (CMD) of National Seeds Corporation (NSC) Limited, a Miniratna PSU under the Ministry of Agriculture and Farmers Welfare. He has been recommended for the…
