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Mining reforms to increase employment, GDP: FICCI
Business

Mining reforms to increase employment, GDP: FICCI

NEW DELHI, March 20: The reforms in the mining sector will play a fundamental role in enhancing the sector’s contribution to the employment and GDP of the country, and contribute immensely to the vision of an Aatmanirbhar Bharat, industry body Ficci said today. The Lok Sabha on Friday passed a Bill...
Consumer confidence declines
Business

Consumer confidence declines

NEW DELHI, March 19: The extended run of the pandemic with a surge in Covid cases in several parts of the globe seems to have shaken consumer confidence that had build up in the beginning of 2021. According to the March 2021 wave of the monthly Refinitiv-Ipsos Primary Consumer Sentiment Index (PCSI)...
Vehicle scrapping will be ‘win-win’ policy, says Gadkari
Business

Vehicle scrapping will be ‘win-win’ policy, says Gadkari

NEW DELHI, March 18: Union Minister Nitin Gadkari today said the vehicle scrapping policy will be a “win-win” policy that will help improve fuel efficiency and reduce pollution. Making a statement regarding the vehicle scrapping policy in the Lok Sabha, the Road Transport, Highways and MSMEs...
Sensex down: Covid resurgence dampens market
Business

Sensex down: Covid resurgence dampens market

Mumbai, March 19: Resurgence of Covid-19 infections along with rising global inflation dampened the opening sentiments of India's key equity indices on Friday.Accordingly, both the indices -- the 30-scrip Sensitive Index (Sensex) of the BSE and the broader 50-scrip Nifty at National Stock Exchange...
Stock market open on positive note
Business

Stock market open on positive note

Mumbai, March 18: The 30-scrip Sensitive Index (Sensex) on Thursday opened on a positive note.The Sensex of the BSE opened at 50,161.25, touched a high of 50,296.35 and a low of 50,161.25 points after closing at 49,801.62 on Wednesday.The Sensex is trading at 50,245.36 -- up by 443.74 points or 0.89...
Govt committed to protecting interest of staff, says FM
Business

Govt committed to protecting interest of staff, says FM

PSBs that may be privatised NEW DELHI, March 16: Finance Minister Nirmala Sitharaman on Tuesday said the interest of all employees of state-owned banks which are likely to be privatised will be protected, even as bank unions observed a two-day strike against the government’s privatisation...
Markets open flat; trading in a narrow range
Business

Markets open flat; trading in a narrow range

Mumbai, March 17: The Indian equity market opened on a flat to positive note on Wednesday as mixed global cues ahead of the US Fed meet subdued investors' sentiments.Accordingly, the 30-scrip S&P BSE Sensitive Index (Sensex) opened at 50,436.02 points and touched a high of 50,522.83 points.It...
Global cues dent equities; energy stocks fall
Business

Global cues dent equities; energy stocks fall

Mumbai, March 17: The Indian equity market traded on a negative note during Wednesday's post-noon trade session as mixed global cues ahead of the US Fed meet subdued investors' sentiments.The two key indices opened on a flattish note and since then have traded in the negative zone.Globally, the US...
No proposal to bring petrol, diesel, ATF, gas under GST: FM
Business

No proposal to bring petrol, diesel, ATF, gas under GST: FM

NEW DELHI, March 15: Amid record-high fuel prices, Finance Minister Nirmala Sitharaman today said there is no proposal as of now to bring crude oil, petrol, diesel, jet fuel (ATF) and natural gas under the goods and services tax (GST). When the GST was introduced on July 1, 2017, amalgamating over a...
Govt launches UDAN 4.1, invites bids for priority routes
Business

Govt launches UDAN 4.1, invites bids for priority routes

NEW DELHI, March 14: To further enhance regional air connectivity, the Centre today invited bids for the 4.1 round of the RCS-Udan scheme. Accordingly, the ‘bid document’ has been uploaded on the Central procurement portal of the National Informatics Centre inviting the bids from interested...
Bank strike: Cheques worth Rs 16,500 crore stuck
Business

Bank strike: Cheques worth Rs 16,500 crore stuck

Chennai, March 15: The two-day nationwide strike called by the United Forum of Bank Union in protest against privatisation of the government banks began on Monday.The leader of a major union claimed total success impacting the clearance of two crore cheques/instruments worth about Rs 16,500...
India now has 4th largest forex reserves
Business

India now has 4th largest forex reserves

New Delhi, March 15: India's forex reserves have now become the fourth largest in the world at $580.3 billion surpassing Russia.Emerging markets have been building reserves to guard against volatility due to Covid aftershocks.Reserves for India and Russia have plateaued rising for months. India...
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