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Centre says India’s coal stock ‘sufficient’ to meet power demand
The government says nearly 80 million tonnes (MT) of coal is available with thermal power plants and Coal India Limited.
Cash-strapped Vodafone Idea to pay dues of Rs 2,400 crore to govt by September
The telco recently cleared pending dues of licence fees and spectrum usage charges of about Rs 450 crore for the March quarter of 2022-23.
Colgate-Palmolive sees early signs of rural revival, remains optimistic about growth
The oral and personal care company remained upbeat about growth under new CEO Prabha Narasimhan and plans to launch more scientific-based oral care products.
GDP growth seen at 8-8.5 per cent in Q1
ICRA expects Q1 GDP growth to be around 8.5 per cent, SBI estimates economic growth at 8.3 per cent.
Thailand threatens to shut down Facebook, alleges it doesn’t screen ads well enough
Thai authorities have already appealed to Facebook parent company Meta to take down fraudulent ads, leading to more than 5,000 being blocked, but that the problem persists.
Aeroflex IPO oversubscribed 4.3 times
The company's public offering opened on Tuesday morning Tuesday (August 22) and the closing date is Thursday (August 24)
Markets end almost flat in muted trade
From the Sensex pack, ITC, Mahindra & Mahindra, Wipro, Larsen & Toubro, Axis Bank, Tata Steel, Maruti and Bharti Airtel were the major gainers.
Rupee rises 5 paise to 83.05 against US dollar
Dollar witnessed its longest winning streak in the last 15 months following safe haven buying on the back of uncertainty in China and better-than-expected economic numbers from the US,.
India could gain from economic crisis in China
India’s lower external debt and relatively strong fiscal situation may also come as a shield against the crisis playing out in China.
India’s international trade exceeds USD 800 billion in first half of 2023: GTRI
Exports of goods and services rose by 1.5 per cent to USD 385.4 billion during January-June this year, as against USD 379.5 billion in January-June 2022.
Jio Financial Services shares fall nearly 5 per cent in debut trade
Shares of the company listed at Rs 262 on the NSE but later declined 4.94 per cent to Rs 248.90 -- its lower circuit limit.
Markets climb in early trade after two days of decline
In Asian markets, Seoul and Tokyo were trading in the green while Shanghai and Hong Kong quoted lower.
Hotel industry’s contribution to India’s GDP to hit USD 1 trillion by 2047: HAI
The hospitality industry body also pointed out that for the sector to achieve its target, the accommodation growth will have to go beyond the metros to two and three-tier cities.
Vegetable prices likely to cool down, rising crude a bit of concern: Finance Ministry official
The official further said that a reduction in excise duty is not on the cards the government is driving infrastructure investment, and private sector capital investment is yet to gather steam.
Intel makes fresh job cuts, at least 140 laid off in US
Intel employs more than 22,000 at its Washington County campuses, according to reports.
Lower tax for employees staying in company-provided rent-free homes
The change in calculation will lead to higher take-home salary for employees living in rent-free accommodations.
US-based Moody’s debt burden and shrinking space for political dissent in India
Moody’s said it believes India’s economy will grow rapidly compared to international standards, although potential growth has decreased in the last 7-10 years.
Jio Financial Services to list on august 21
JFS now 2nd-largest non-banking financial company in India
REC को विद्युत उपक्रमों में राजभाषा के उत्कृष्ट कार्य के लिए प्रथम पुरस्कार
नई दिल्ली: केंद्रीय विद्युत और नवीन एवं नवीकरणीय ऊर्जा मंत्री श्री आर.के. सिंह की अध्यक्षता में दिनांक 17 अगस्त को आयोजित हिंदी सलाहकार समिति की बैठक में वर्ष 2021-22 के लिए राजभाषा के क्षेत्र में उत्कृष्ट कार्य के लिए आरईसी को देश भर में…
Inflation containment measures on track; No plans to cut taxes on fuel: Govt official
The official further denied the reports claiming that the Centre is planning to lower taxes on fuel, ease import tariffs on cooking oil and wheat.