ISMA releases data on sugar production in India till November 15
Nov 18, 2020, at 04:20 am
New Delhi/IBNS: According to latest reports, sugar production in India till November 15, 2020, in the current 2019-20 SS is 14.10 lakh tonnes, compared to 4.84 lakh tonnes as of November 15, 2019.
Horticulture continues to be torch-bearer of Kashmir's economy
Nov 17, 2020, at 10:54 pm
Srinagar: Despite the horticulture sector getting a meagre budgetary allocation, the fruit industry continues to be the torch-bearer of Kashmir’s economy by leading in employment generation and export.
Sensex ends life time highs at 43,952.71 pts
Nov 17, 2020, at 10:39 pm
Mumbai/UNI: The BSE Sensex on Tuesday ended at a New peak at 43,952.71 , up by 314.73 pts on the strength of Bankex, Finance, Metal and Capital Goods stocks amid strong Asian Market.
Indian Rupee rallies 14 paise against USD
Nov 17, 2020, at 10:28 pm
Mumbai/UNI: The rupee on Tuesday advanced by 14 paise to close positive at 74.46 on selling of US dollar by bankers and exporters, dealers at the Forex Market said.
French milk brand Lactel enters India
Nov 17, 2020, at 06:13 pm
Chennai/IBNS: Lactel, a leading milk brand from France and with markets across the globe, has recently entered India.
HDFC Bank launches“Mooh Band Rakho” campaign to create awareness on cyber frauds
Nov 16, 2020, at 10:33 pm
Kolkata: HDFC Bank Ltd on Monday announced the launch of “Mooh Band Rakho,” a campaign to increase awareness on cyber frauds and preventing them. The Bank will be conducting 1,000 workshops in the next 4 months across the country.
Indian Market: Sensex ends at new peak at 43,637.98 pts
Nov 15, 2020, at 01:23 am
Mumbai/UNI: The equity market ended at a new peak at 43,637.98, advancing by 194.98 pts at the first day of Samvat 2077 at Muhurat Trading on Saturday.
Bangladesh-India import export to remain suspended due to Diwali
Nov 14, 2020, at 11:18 pm
Dhaka/UNI: Export and import activities through Bhomra land port at Satkhira in Bangladesh will remain suspended on the occasion of Shyama Puja, also called Deepawali or Diwali.
Reliance Industries to invest USD50 mn in BEV
Nov 13, 2020, at 10:39 pm
Mumbai/UNI: Reliance Industries has entered into a definitive agreement, for making capital contribution, up to USD 50 million, in Breakthrough Energy Ventures II, L.P. (BEV), a limited partnership, newly incorporated under the Delaware State Laws, United States of America.
Indian Market: Sensex up 85.81 pts
Nov 13, 2020, at 10:36 pm
Mumbai/UNI: The BSE Sensex on Friday rose by 85.81 pts to settle at 43,443 on the strength of Metal, Realty, Health Care and Materials stocks.
Bajaj Finserv up by 3.84 pc to Rs 72.94
Nov 13, 2020, at 10:24 pm
Mumbai/UNI: Bajaj Finserv on Friday rose by 3.84 pc to Rs 72.94 a major gainer in 30 scrips of BSE.
Kotak AMC's Pharma portfolio outperforms benchmark Nifty in 1-3 year period
Nov 13, 2020, at 10:17 pm
Kolkata: Kotak Mahindra Asset Management Company Limited’s (KMAMC) Portfolio Management Service division (Kotak PMS), today announced that it will share profits with investors generated from the Kotak Pharma and Healthcare (Kotak Pharma) portfolio. Pharma and healthcare stocks have become market darlings.
Asia-Pacific countries commit to advance regional cooperation for sustainable connectivity
Nov 13, 2020, at 09:12 pm
Bangkok: Recognising that the COVID-19 pandemic has caused widespread socio-economic impacts and disruptions across Asia-Pacific, high-level officials called for a rethink on the future development of sustainable transport connectivity and mobility in the region at the sixth session of the Committee on Transport on Friday, an Economic and Social Commission for Asia and the Pacific (ESCAP) press release notified.
Govt allocates Rs 900 crore for r & d of Covid-19 vaccine
Nov 13, 2020, at 03:13 am
New Delhi/IBNS: Finance Minister Nirmala Sitharaman on Thursday announced Rs 900 crore for research and development for Covid-19 while also assuring that the funds will be allocated for the cost of vaccine and logistics as per requirement.
Aatmanirbhar Bharat 3.0 will push job creation and stronger recovery of the economy: ASSOCHAM
Nov 13, 2020, at 01:33 am
New Delhi/IBNS: Government’s continuous support and the new announcements under the Aatmanirbhar Bharat Yojana 3.0 will make the road to recovery post-pandemic stronger and facilitate and incentivize job creation, and provide much relief and impetus to housing and infrastructure sector,” said Dr. Niranjan Hiranandani, President ASSOCHAM reacting to the announcement of the 7th major stimulus package to support the economy by the Union Finance Minister, Nirmala Sitharaman today in New Delhi.
Govt announces Rs 29.88 Lakh Crore stimulus package to revive Covid-hit Indian economy
Nov 12, 2020, at 11:50 pm
New Delhi/IBNS: In a bid to ward off the gloom surrounding the Indian economy hit by Covid-19 restrictions, the government today announced a slew of measures, including tax relief for home buyers as well as the real estate developers.
Atma Nirbhar Bharat Rozagar Yojana 3.0 : Govt attempts major boost for job creation
Nov 12, 2020, at 09:35 pm
New Delhi/IBNS: Finance Minister Nirmala Sitharaman on Thursday announced Atma Nirbhar Bharat Rozagar Yojana 3.0 aimed at boosting economic growth amid a GDP drop of 8.3 per cent in July-September.
India in 'technical recession' as RBI predicts GDP contraction of 8.6% for July-Sept quarter
Nov 12, 2020, at 06:54 pm
New Delhi/IBNS: India's central bank on Thursday said the country has likely entered into a technical recession besides predicting a contraction in Gross Domestic Product (GDP) of 8.6% in the July-September quarter, media reports said.
This Diwali, shop and maximise your benefits with Bajaj Finserv & Reliance Digital
Nov 12, 2020, at 06:38 pm
This Diwali, shopping at Reliance Digital stores across the country is more rewarding than ever. To help consumers get better value for their money, Bajaj Finserv and Reliance Digital have teamed up to offer hassle-free No Cost EMI financing and a wide range of benefits, running up to Rs.12,500. These offers are valid from October 31,2020 to November 17, 2020 and give you a way to bring home the latest electronics, gadgets, household appliances, mobiles, laptops and more, while also claiming attractive deals and discounts.
Another stimulus to support the ailing Indian economy likely before Diwali: Report
Nov 12, 2020, at 04:40 am
New Delhi/IBNS: The Indian government is likely to announce another round of economic stimulus before Diwali, said a media report, adding that it would be linked to job creation and extension of the cabinet's decision to push growth with production-linked incentive.
Indian Market: Sensex ends at new peak at 43,593.67 pts
Nov 11, 2020, at 10:29 pm
Mumbai/UNI: The BSE Sensex on Wednesday ended at a new peak at 43,593.67 surging by 316.02 pts following gains in Metal, Health Care, Power and IT stocks.
HDFC Bank launches SmartHub Merchant Solutions 3.0
Nov 11, 2020, at 10:23 pm
Kolkata/Mumbai/IBNS: HDFC Bank on Wednesday announced the launch of India’s first comprehensive banking and payment solution for merchants – SmartHub Merchant Solutions 3.0.
Job consultant Indeed’s virtual hiring week sees spurt in demand for tech jobs
Nov 11, 2020, at 10:18 pm
Kolkata/IBNS: Tech-based jobs requiring skills in Data Analytics, Artificial Intelligence, Machine Learning, and customer support appear to be in demand in the current situation, according to Indeed, an Indian job site.
Indian Market: Sensex at new peak at 43,680.30 pts
Nov 11, 2020, at 04:19 pm
Mumbai/UNI: The BSE Sensex on Wednesday was at a new peak at 43,680.30, up by 402.65 in opening session as buying was witnessed across the board amid strong global peers.
Bajaj Finance rallied by 8.84 pc to Rs 4208.60
Nov 10, 2020, at 10:23 pm
Mumbai/UNI: Bajaj Finance on Tuesday rallied by 8.84 pc to Rs 4208.60 a major gainer in 30 scrips of BSE.
Indian Market: Sensex ends at record high at 43,277.65 pts
Nov 10, 2020, at 10:19 pm
Mumbai/UNI: The BSE Sensex on Tuesday ended at record high at 43,277.65, surging by 680.22 pts following gains in Bankex, Finance, Realty and Capital Goods stocks amid positive Asian Market.
PTC India Ltd's Q2FY21 net profit up by 23 pc to Rs 166.19 Cr
Nov 10, 2020, at 08:34 am
Kolkata/IBNS: Power trading solutions provider PTC India Ltd's on Monday announced a net profit of Rs 166.19 crores up by 23 per cent for quarter ended September 30, compared to Rs 134.90 crores in the year-ago period.
Indian Market: Sensex zooms up 704.37 points
Nov 09, 2020, at 10:00 pm
Mumbai/UNI: The BSE Sensex on Monday ended at a life time high at 42,597.43 as buying was witnessed across the board amid strong global cues.
Indian Rupee ends strong at 74.04 against USD
Nov 09, 2020, at 09:41 pm
Mumbai/UNI: The Rupee rallied for the third straight session on Monday, as it advanced by 16 paise to close at 74.04 against the US dollar on brisk selling of the latter by bankers and exporters, dealers at the Forex Market said.
Uber Connect finds adoption among small family run businesses
Nov 09, 2020, at 08:46 pm
New Delhi/IBNS: Uber has announced that since launching Uber Connect, its on- demand delivery service, in May, hundreds of small, family-run businesses across the country have used it to fulfill client orders in real-time, including items ranging from fresh flowers to fresh bakery goods.