New Delhi (IANS) The Centre has modified the Emergency Credit Line Guarantee Scheme (ECLGS) to bring the civil aviation sector under the ambit of the scheme.
Announcing ECLGS 4.0 on Sunday, the Finance Ministry also said that the current ceiling…
Mumbai (IANS) India's foreign exchange reserves rose by $2.865 billion during the week ended May 21.
According to the Reserve Bank of India's (RBI) weekly statistical supplement, the reserves increased to $592.894 billion from $590.028…
Mumbai (IANS) Tata Sons' subsidiary Tata Digital on Friday said it has acquired a majority stake in supermarket grocery supplies private limited, the company which is better known as BigBasket.
According to the company, E-grocery has been…
New Delhi (IANS) The 43rd meeting of the GST Council, the first this year in the midst of second wave of Covid pandemic, begun on Friday morning through video conferencing.
The meeting is being chaired by Finance Minister Nirmala Sitharaman…
Mumbai (IANS) India's key benchmark equity index NSE Nifty50 touched a new record high level as fresh Covid cases declined, thereby, igniting hopes for a quick unlock.
Accordingly, global cues and accelerated pace of economic recovery led…
Mumbai (IANS) The key Indian equity indices traded on a flat note on Thursday morning amid a choppy session ahead of the expiry of the May series of futures and options (F&O) later in the day.
Around 10.30 a.m., Sensex was trading at 51,069.33,…
New Delhi (IANS) As India battles the pandemic and states undergo lockdowns, the Reserve Bank of India (RBI) has said that the impact and the duration of the second wave of Covid-19 are the biggest threats to its growth estimates for the country for…
New Delhi (IANS) The strong momentum in the watch and earwear categories led to the highest ever first-quarter shipments of wearables in India, an IDC report said on Thursday.
The India wearables market grew 170.3 per cent (year-over-year)…
New Delhi (IANS) Credit Suisse is cutting metal stocks from overweight (OW) to underweight (UW) in its latest India market strategy.
"We book profits on metals, reversing positions added in December-20 and earlier, as P/B relative to market…
New Delhi (IANS) There is both good news and bad news on the economic front for India that is looking to come out from the second and deadlier wave of Covid pandemic.
The good news is that the country's GDP is expected at faster pace than…