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India’s service sector recovery weakens in November: PMI
New Delhi: India's services sector recovery weakened in November despite further upturn in new work supported business activity growth.
However, the sector reported the first rise in employment for nine months.
Moreover, the overall…
Rabi crop sowing to be 2% more than all-time high levels
New Delhi: The good performance of the agricultural sector during the Covid-19 pandemic is expected to result Rabi crop sowing (corresponding to marketing year, or January-December 2021) increasing by 2 per cent more than the all-time high…
Nissan prices all-new Magnite SUV at Rs 4.99L
New Delhi: Automobile manufacturer Nissan India on Wednesday announced the special introductory price of all-new Nissan Magnite, starting at Rs 4,99,000 (ex-showroom) valid until December 31, 2020.
Accordingly, the company commenced the…
Rolls-Royce, Infosys enter into partnership for aerospace engineering in India
Mumbai: Leading aerospace and defence technology company Rolls-Royce and IT major Infosys on Wednesday announced their strategic partnership for aerospace engineering in India.
As part of the overall partnership, Rolls-Royce will…
NSE launches futures contract of crude degummed soybean oil
Mumbai: The National Stock Exchange of India Ltd (NSE) has launched its first agricultural commodity futures contract on crude degummed soybean oil (CDSO Futures).
It was launched on December 1, an NSE statement said on Wednesday.
The…
RBI expected to maintain rates on elevated inflation levels: Brickwork Ratings
New Delhi: The Reserve Bank of India (RBI) is expected to maintain a rate pause in the upcoming Monetary Policy Committee meet, considering elevated inflation levels, Brickwork Ratings said on Wednesday.
As per the agency, to support…
Oil Secretary pulls up MNGL at inauguration of 100th CNG station, tells them to make 2021 target…
The Petroleum Secretary said that while MNGL has committed to setting up 50 CNG stations by 2021, they could do much more
Pune ‘The Queen Of The Deccan’
Picturesque Pune, the ‘Queen of the Deccan’ nestles in the scenic Sahayadri ranges, on the edge of the Deccan plains. This ‘Cultural Capital of Maharashtra’ was once the glorious capital of the Maratha empire and the center of the Maratha…
SEBI extends Covid-related reliefs for trading members, depositories
Mumbai: The Securities and Exchange Board of India (SEBI) on Tuesday extended the timeline of several relaxations of regulatory requirements for trading and clearing members along with depositories in the wake of the coronavirus pandemic.…
November GST collection at nearly Rs 1.05 lakh Cr
New Delhi: Gross GST revenue collection in November stood at nearly Rs 1.05 lakh crore, an official statement said on Tuesday.
The revenues for the month of November 2020 were 1.4 per cent higher than the GST revenues in the same month…
Household Internet access in rural areas half that of urban zones: ITU
Geneva, Dec 1 Revealing worrying gaps in connectivity and Internet access amid the pandemic, a new report from the United Nation's International Telecommunication Union (ITU) has shown that household Internet access in urban areas is twice…
SpiceJet to commence 20 new domestic flights
New Delhi: Airline major SpiceJet plans to launch 20 new flights on its domestic network in a phased manner from December 5, the company said on Tuesday.
The company announced addition of Ranchi as its latest domestic destination.
It…
Banks acting as villains for traders, alleges CAIT
New Delhi: The Confederation of All India Traders (CAIT) on Monday urged Union Finance Minister Nirmala Sitharaman to prevent banks from entering into an "unholy nexus" with e-commerce companies which is damaging "small businesses".
In a…
Banks to post larger capital declines without support: Moody’s
New Delhi: Banks in India are expected to post larger capital declines without public or private injections, Moody's Investors Service said in a report.
In its 2021 outlook for financial institutions amid Covid-19 recovery, Moody's…
Britain announces new tie-up with Japan firm after banning China’s Huawei
London , November 30 The UK government on Monday announced a new partnership with Japanese telecom firm NEC for 5G network after imposing a ban on the Chinese telecom giant Huawei.
The British operators "must stop installing any…
Global smartphone sales down 5.7% in Q3: Gartner
New Delhi: Global smartphone sales to end users totaled 366 million units in the third quarter of 2020, down 5.7 per cent from the same period last year, a Gartner report said on Monday.
Overall global mobile phone sales to end users…
Amazon workers in Germany set to hold another strike: Report
Berlin: In an attempt to disrupt Black Friday order processing, trade union Ver.di (United Service Union) has called on workers at an Amazon warehouse in Germany to hold their second strike in a span of less than a week, the media reported.…
Petrol, diesel price may rise further as Oilcos protect marketing margins
New Delhi: Petrol and diesel prices may have risen in eight of the past nine days, but further price hikes would be needed to keep auto fuel marketing margins of oil retailers high, experts have said.
High marketing margins is required…
Market’s bull run may stay, ‘too strong’ derivatives data a concern
Mumbai: The bull run in the equity market is likely to continue in days ahead, but the only concern at this point is the "too strong" derivatives data, which may lead to a rapid sell-off in case of a course reversal, according to a report…
Explore Ratnagiri
The beautiful town on the charming Konkan coast is the birthplace of Lokmanya Tilak, the famous freedom fighter. It is the largest town on the south coast and the main transport hub. Ratnagiri abounds in fruits typical of the Konkan and the…