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Actively pursuing Airbus to begin manufacturing in India: Goyal
Business

Actively pursuing Airbus to begin manufacturing in India: Goyal

NEW DELHI, Feb 28: Union Minister Piyush Goyal on Saturday said he is “actively pursuing” Airbus to begin manufacturing aeroplanes in India. Addressing the CEOs session at the country’s first Toy Fair 2021, the Commerce and Industry Minister said: “We are looking at world domination in the toy...
Sensex up 800 points; auto, banking stocks rise
Business

Sensex up 800 points; auto, banking stocks rise

Mumbai, March 1: The Indian equity indices opened on a positive note on Monday with the BSE Sensex surging over 800 points.Healthy buying was witnessed in auto, banking, finance and IT stocks.Around 9.50 a.m., Sensex was trading at 49,886.82, higher by 786.83 points or 1.60 per cent from its...
Sensex closes 750 points up; auto, metal index surge
Business

Sensex closes 750 points up; auto, metal index surge

Mumbai, March 1: The key Indian equity indices soared on Monday with the BSE Sensex closing nearly 750 points higher.Auto, metal and banking stocks surged during the day while IT stocks fell.Sensex closed at 49,849.84, higher by 749.85 points or 1.53 per cent from its previous close of 49,099.99.It...
New baby care/maternity brand hits market
Business

New baby care/maternity brand hits market

Business Reporter GUWAHATI, Feb 27: ‘Kicks & Crawl’, a new baby care/maternity brand which is barely a few months old, has made a name for itself in the market with its key hooks of style and comfort. This home-grown brand created by Aishwarya Jain (25) and Vedang Jain (24) has quickly become...
DGCA allows airlines to offer fare concession
Business

DGCA allows airlines to offer fare concession

Customers with no baggage MUMBAI, Feb 27: Aviation regulator DGCA on Friday allowed airlines to provide concessions in air fares to customers travelling with no check-in baggage. The move comes days after the Directorate General of Civil Aviation (DGCA) provided greater flexibility to domestic...
Forex reserves up by USD 169 mn to USD 583.865 bn
Business

Forex reserves up by USD 169 mn to USD 583.865 bn

Mumbai, Feb 27: The country's foreign exchange reserves increased by USD 169 million to USD 583.865 billion in the week ended February 19, RBI data showed.In the previous week ended February 12, the reserves had declined by USD 249 million to USD 583.697 billion. It had touched a record high of USD...
INS asks Google to raise publisher share to 85%
Business

INS asks Google to raise publisher share to 85%

Ad revenue NEW DELHI, Feb 25: Indian Newspaper Society (INS), which represents print media houses, today asked Google to increase the publisher share of advertising revenue to 85 per cent. It also asked the technology giant to ensure more transparency in the revenue reports provided to...
Sensex slumps 1,000 points in initial trade amid global sell-off
Business

Sensex slumps 1,000 points in initial trade amid global sell-off

Mumbai, Feb 26: The key Indian equity indices plunged on Friday morning with the BSE Sensex falling over 1,000 points.The market had a gap down opening on back of negative cues from global bourses.Around 9.45 a.m., Sensex was trading at 50,216.64, lower by 822.67 points or 1.61 per cent from its...
Sensex down 2,000 points, Nifty below 14,500
Business

Sensex down 2,000 points, Nifty below 14,500

Mumbai, Feb 26: The freefall on the BSE Sensex continued towards the fag end of the trade on Friday with the BSE Sensex losing over 2,000 points.The frenzy in the Indian equities followed a global sell-off after a massive jump in the 10-year bond yields in the US.Gaurav Garg, Head of Research at...
Govt committed to selling non-strategic PSUs: PM
Business

Govt committed to selling non-strategic PSUs: PM

NEW DELHI, Feb 24: Prime Minister Narendra Modi today made his strongest pitch for privatisation of non-strategic PSUs, saying the government has no business to be in business and sustaining loss-making units on taxpayers’ money drains resources that could otherwise have been spent on public welfare...
Pvt parties show lukewarm response despite govt grant
Business

Pvt parties show lukewarm response despite govt grant

SPL Correspondent Namrup-IV plant NEW DELHI, Feb 23: Notwithstanding the grant of Rs 100 crore to Brahmaputra Valley Fertilizers Corporation (BVFC), the response of the private parties for equity participation in the project is lukewarm. Following a lengthy process of deliberations, the Centre...
Sensex up 400 points; oil & gas, metal stocks rise
Business

Sensex up 400 points; oil & gas, metal stocks rise

Mumbai, Feb 23: The key Indian equity indices opened on a positive note on Tuesday with the BSE Sensex gaining 400 points to trade well above the 50,000-mark.Around 10.25 p.m., Sensex was trading at 50,146.82, higher by 402.50 points or 0.81 per cent from its previous close of 49,744.32.It opened at...
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