Browsing Category
Business News
Govt assures onion farmers there won’t be export ban impact; will buy 2 lakh tonne for buffer…
On December 8, the Centre banned onion exports till March 31 next year to increase domestic availability and keep prices under check.
State Level ‘Viksit Bharat@2047: Voice of Youth’ Campaign kicks off from Punjab Raj…
Governor beckons the State’s youth to ideate and contribute towards a resplendent India by 2047
India’s coal imports drop over 4 per cent to 148 million in April-October period
Coking coal imports were at 33.74 MT during the first seven months of the ongoing financial year, slightly up against 32.74 MT in the year-ago period.
”Buy now pay later model to see short-term impact on credit access’
RBI recently advised banks to exercise caution with unsecured loans, as they have grown significantly faster; it also increased risk weights on consumer credit exposure of banks.
EU carbon tax to hurt global trade, not to stop carbon leakage: GTRI
It added that fossil fuels contribute to 90 per cent of Greenhouse and 75 per cent of carbon emissions and if decarbonization is the goal, the EU should heavily tax fossil-fuel imports.
Know the last-minute tax saving options for individuals
Apart from several investment tools such as ELSS, PPF, Sukanya Samriddhi Yojana, interest on home loan and donations can also help save taxes
PM calls for ‘Wed in India’ campaign at U’khand’s Global Investors Summit
He also emphasized the importance of performing this exercise on a national level.
Govt advertises for position of Trai chairman
As per the Department of Telecommunication (DoT) notification, applicants can apply till December 22 by 5:30 pm.
Tata Group plans to build biggest iPhone assembly plant in Tamil Nadu
Tata Electronics has already started hiring in its existing Hosur facility, it said.
Nifty hits 21,000 level as RBI holds policy rates
The Monetary Policy Committee (MPC) of the RBI on Friday kept repo rate unchanged at 6.5% and maintained its ‘withdrawal of accommodation’ stance.
No impact on ethanol blending: Min. of Petroleum & Natural Gas
India is the world’s second-largest sugar producer and a major exporter, and it has been using more and more sugarcane crops to make ethanol.
Equity markets hit new peaks as RBI leaves policy rates unchanged
The BSE Sensex also touched an all-time high of 69,888 around 10:30 AM as the RBI governor announced a revision of the FY24 GDP growth estimate to 7%, 50 basis points higher than its earlier estimate
India bans onion exports till March next year
Earlier, the Centre in October had decided to step up the sale of buffer onion stock at a subsidised rate of Rs 25 per kg in retail markets in order to provide relief to consumers.
ED Raids Congress leader Dheeraj Sahu’s Premises, Unearths ₹200 Crore in Cash
PM Modi shares newspaper clips of Rs 200 crores recovered in ED raids at premises linked to Congress MP and declared, ‘every penny will be returned to public’
REC signs 200 million euro loan with German Bank KfW to propel distribution sector reforms
REC Limited, was established in 1969, under Ministry of Power, and provides long term loans and other finance products for Power-Infrastructure sector comprising of Generation, Transmission, Distribution, Renewable Energy. etc.
The loan…
Government to spend Rs 1.3L cr more in FY24
As per the Centre’s submissions to the lower House of parliament, a large part of the amount will be allocated to subsidies on fertilizers and food.
Sensex can soon reach 70,000 and Nifty 21,000 levels.
The undercurrent of the market is bullish and all factors are favourable, except, perhaps, valuation,” V K Vijayakumar, chief investment strategiest at Geojit Financial Services, told this newspaper.
Centre to mandate e-invoice for B2C transactions in 2-3 years
Currently, businesses with a turnover of Rs 5 crore and above are required to generate e-invoices for their Business-to-business (B2B) sales and purchases.
Digital India Act unlikely to be in place before next general election: MoS IT Rajeev Chandrasekhar
Chandrasekhar said, the existing IT Act doesn't even have the word internet and there is a consensus that it can be safely superseded and replaced.
Adani Group adds Rs 2 lakh crore in market capitalisation
This was the largest single-day gain in m-cap since the Hindenburg report of January and it pushed the Group’s combined m-cap close to Rs 14 lakh crore mark.