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Over dozen PSUs on the block after Air India privatisation
Business

Over dozen PSUs on the block after Air India privatisation

New Delhi, Oct 10: The government's final move to privatise the national carrier Air India has given a fresh lease of life to its strategic disinvestment plan.The Department of Investment and Public Asset Management (DIPAM), which oversees the disinvestment policy, is now planning to cede...
Domestic oil prices on decline, mustard oil outlier
Business

'Domestic oil prices on decline, mustard oil outlier'

New Delhi, Oct 9: Even when the international prices of edible oils have gone up in the range of 1.95 percent to 7.17 per cent after the import duty reduction, the decreasing trend in domestic prices and net effect (ranges for 3.26 percent to 8.58 percent declined) after duty reduction is quite...
India expected to grow by 8.3 per cent in 2021-22: World Bank
Business

India expected to grow by 8.3 per cent in 2021-22: World Bank

Washington, Oct 8: Buoyed by an increase in public investment and incentives to boost manufacturing, India's economy is expected to grow by 8.3 per cent in the fiscal year 2021-22, less than the previous projection early this year before the country was hit by the second wave of the COVID-19...
Have asked Tesla to make electric cars in India; govt will give all support: Gadkari
National

Have asked Tesla to make electric cars in India; govt will give all support:...

New Delhi, Oct 8: Union Minister Nitin Gadkari on Friday said he has asked US-based Tesla several times to manufacture its iconic electric vehicles in India, while assuring that all support will be provided by the government to the company. Addressing 'India Today Conclave 2021',...
Sensex rises over 200 pts ahead of RBI policy outcome; Nifty tops 17,850
Business

Sensex rises over 200 pts ahead of RBI policy outcome; Nifty tops 17,850

Mumbai, Oct 8: Equity benchmark Sensex jumped over 200 points in early trade on Friday, tracking gains in Infosys, Reliance Industries and TCS, ahead of the Reserve Bank's policy outcome. The 30-share Sensex was trading 223.79 points or 0.37 per cent higher at 59,901.62. Similarly, the Nifty...
Petrol, diesel prices rise again amid volatility in oil market
Business

Petrol, diesel prices rise again amid volatility in oil market

New Delhi, Oct. Oct 5: The prices of petrol and diesel rose simultaneously again on Tuesday amidst volatility in the global oil prices with benchmark crude increasing to above $80 a barrel. Accordingly, diesel prices increased by 30 paisa per litre in the national capital to Rs 91.07 per litre,...
ATF price hiked by 5.8%
Business

ATF price hiked by 5.8%

New Delhi, Oct 1: ATF or jet fuel price on Friday was hiked by a steep 5.8 per cent in line with rise in international oil prices. Aviation turbine fuel (ATF) price in Delhi was increased by Rs 3,972.94 per kilolitre, or 5.79 per cent, to Rs 72,582.16 per kl, according to a price notification of...
Sensex slumps 361 points; Nifty ends below 17,550
Business

Sensex slumps 361 points; Nifty ends below 17,550

Mumbai, Oct 1: Extending its losses for the fourth straight session, equity benchmark Sensex tumbled 361 points on Friday, weighed by HDFC twins, ICICI Bank and TCS amid a weak trend in global markets.The 30-share BSE index ended 360.78 points or 0.61 per cent lower at 58,765.58. Similarly, the...
SBI Card to start three-day festive cashback offer from Oct 3
Business

SBI Card to start three-day festive cashback offer from Oct 3

New Delhi, Sept 29: India's largest pure-play credit card issuer SBI Card on Wednesday announced its three-day festival to offer cashback benefits for online shopping on all domestic e-commerce platforms beginning next month. The three-day mega shopping festive offer Dumdaar Dus will start...
Zee Entertainment, Sony India announce merger; Punit Goenka to lead new entity
Business

Zee Entertainment, Sony India announce merger; Punit Goenka to lead new entity

New Delhi, Sep 22: Leading media firms Zee Entertainment and Sony Pictures on Wednesday said they have received in-principle approval for a merger that will combine both companies' linear networks, digital assets, production operations and program libraries. Further, Sony Pictures...
Ford India workers future in TN govts hands: Ex-Union leader
Business

Ford India workers' future in TN govt's hands: Ex-Union leader

Chennai, Sept 20: The job security of the Ford India Private Ltd's workers is in the hands of the Tamil Nadu government and it cannot be a neutral player, said a former union leader of Hindustan Motor Finance Corporation Ltd and a noted lawyer dealing in labour matters.Car maker Hindustan...
Sensex crosses 59k for first time; Nifty leaps to fresh high
Business

Sensex crosses 59k for first time; Nifty leaps to fresh high

Mumbai, Sept 16: The BSE Sensex scaled the 59,000-mark for the first time on Thursday, propelled by gains in Reliance Industries, ITC and ICICI Bank amid unabated foreign fund inflows and positive cues from European markets. The 30-share index climbed 417.96 points or 0.71 per cent to close at...
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