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Centre approves provision of pulses to states at discounted rates

Centre approves provision of pulses to states at discounted rates

31-08-2022  comments

New Delhi (IANS) The Centre on Wednesday approved the disposal of chana (pulses) to states at discounted rates, for usage in various welfare schemes.

This provision would be done through the stock of pulses procured under Price Support Scheme…

India's GDP records double digit growth of 13.5% in Q1 2022-23

India's GDP records double digit growth of 13.5% in Q1 2022-23

31-08-2022  comments

New Delhi (IANS) India's economic growth rose to 13.5 per cent in the first quarter of the current fiscal (2022-23), a huge jump from 4.1 per cent growth recorded in the final quarter of 2021-22.

This is the first double digit growth in…

Jio's capex outlay of $25bn for 5G roll out, scale up of home broadband key takeaways from RIL AGM

Jio's capex outlay of $25bn for 5G roll out, scale up of home broadband key takeaways from RIL AGM

30-08-2022  comments

New Delhi (IANS) Jio's capex outlay of $25 billion for the roll out of 5G and scale up its home broadband were the two key takeaways from RIL AGM, foreign brokerage Jefferies said in a report.

Monetization of this capex will require higher…

Daily Shimla-Delhi flights from Sep 6

Daily Shimla-Delhi flights from Sep 6

30-08-2022  comments

Shimla (IANS) Alliance Air on Tuesday announced to start a daily to-and -fro flight from Shimla to Delhi from September 6.

The flight will operate with new ATR42-600 aircraft. It will depart from Delhi at 6.25 a.m. and arrive in Shimla at 7.35…

Indices ends sharply up, Sensex up over 1,500 points

Indices ends sharply up, Sensex up over 1,500 points

30-08-2022  comments

Mumbai (IANS) Benchmark indices ended sharply up on Tuesday after falling sharply on Monday due to delivery-based buying by the FIIs and short covering in the F&O market, dealers said.

At close, Sensex ended 1,564.45 points, or 2.70 per cent,…

Rupee falls to record low against US dollar

Rupee falls to record low against US dollar

29-08-2022  comments

Mumbai (IANS) The Indian rupee fell sharply on Monday and touched the 80 mark against the US dollar after the Federal Reserve chair Jerome Powell's hawkish speech.

At 11 a.m., the rupee was trading at 80.04, as compared to 79.86 close on…

Financial Bids for Reliance Capital to be submitted on Monday

Financial Bids for Reliance Capital to be submitted on Monday

28-08-2022  comments

Mumbai (IANS) The bidders for Reliance Capital assets have to submit their financial bids by August 29 (Monday), as the final deadline for the submission of bids ends tomorrow.

The bidders will submit their final non binding indicative bids…

Indian markets likely to react negatively after US stock markets down on interest rate warning

Indian markets likely to react negatively after US stock markets down on interest rate warning

27-08-2022  comments

New Delhi (IANS) Indian markets are also likely to react negatively on Monday to statements by the US Federal Reserve after US markets fell more than 3 per cent.

Siddhartha Khemka, Head, Retail Research, Motilal Oswal Financial Services said:…

Indices end higher; Sensex closes over 58,800

Indices end higher; Sensex closes over 58,800

26-08-2022  comments

Mumbai (IANS) Benchmark indices ended higher for the straight second day, with Sensex rising marginally up with 59 points and Nifty up 36 points.

At close, Sensex ended up 59.15 points or 0.10 per cent at 58,833.87, and Nifty ended 36.45 points…

Kharif crop sown area down by 2.5%: Report

Kharif crop sown area down by 2.5%: Report

25-08-2022  comments

Chennai (IANS) The overall sown area of Kharif crops in the week ended August 18 has declined by 2.5 per cent as compared to last year, according to a Bank of Baroda report.

"Overall sown area of Kharif crops continues to lag and has declined…

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