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Coal sector PSUs surpass target with Rs 22,448 crore CAPEX in 2023-24

Coal sector PSUs surpass target with Rs 22,448 crore CAPEX in 2023-24

09-03-2024 comments

New Delhi (IANS) Coal sector PSUs such as Coal India Ltd and NLCIL have surpassed the annual target of 21,030 crore capital expenditure (CAPEX) fixed for the current financial year ending on March 31, 2024 with a total investment of Rs 22,448.24 crore…

GAIL cuts CNG retail prices by Rs 2.50/kg

GAIL cuts CNG retail prices by Rs 2.50/kg

09-03-2024 comments

New Delhi/Chennai (IANS) Compressed Natural Gas (CNG) players like GAIL (India) Limited, its wholly owned subsidiary, GAIL Gas Limited and AG&P Pratham on Saturday announced a reduction of Rs 2.50/kg in their retail prices.

The price cut comes…

Rising asset-quality risk on credit cards, dependence on fintechs for sourcing may be on RBI's radar

Rising asset-quality risk on credit cards, dependence on fintechs for sourcing may be on RBI's radar

08-03-2024 comments

New Delhi (IANS) The Reserve Bank of India (RBI) may have some discomfort on Personal Loan on Credit Card (PLCC) as it could lead to higher customer leverage and drive some customers into the debt trap, Emkay Global Financial Services said.

Amid…

India nears record Rs 20 lakh crore worth mobile phone production in last 10 yrs

India nears record Rs 20 lakh crore worth mobile phone production in last 10 yrs

07-03-2024 comments

New Delhi (IANS) India is close to achieving the target of Rs 20 lakh crore worth mobile phone production in the last 10 years, while crossing Rs 1.20 lakh crore worth phone exports in the current fiscal year (FY24) -- a whopping 7,500 per cent increase…

vivo launches new smartphones under its V30 series in India

vivo launches new smartphones under its V30 series in India

07-03-2024 comments

New Delhi (IANS) Smartphone brand vivo on Thursday expanded its V-Series portfolio in India with the launch of the V30 series.

It includes two smartphones -- V30 Pro and V30. The V30 Pro comes in two colour options -- Andaman Blue and Classic…

India records big jump in agricultural exports to Iraq, Saudi Arabia, Vietnam, UK

India records big jump in agricultural exports to Iraq, Saudi Arabia, Vietnam, UK

06-03-2024 comments

New Delhi (IANS) India’s exports of agricultural products to major markets like Iraq, Vietnam, Saudi Arabia, and the UK, surged by 110 per cent, 46 per cent, 18 per cent, and 47 per cent, respectively, during April-November 2023, compared to the same…

India's inclusion in Bloomberg Bond Index likely to attract investment exceeding $5 bn

India's inclusion in Bloomberg Bond Index likely to attract investment exceeding $5 bn

05-03-2024 comments

New Delhi (IANS) The decision to include Indian bonds in the Bloomberg Emerging Market Index, coming after the decision of JP Morgan to include India in the JP Morgan’s Emerging Market Bond Index, is a vote of confidence in the Indian economy, says…

Moody's ups India's growth forecast, expects policy continuity after LS polls

Moody's ups India's growth forecast, expects policy continuity after LS polls

04-03-2024 comments

Mumbai (IANS) Moody's Investor Service on Monday raised India’s GDP growth forecast and expects the country to remain the fastest growing economy among the G-20 nations in 2024.

"India's economy has performed well and stronger-than-expected…

Nifty extends gains for fourth session to end at record high

Nifty extends gains for fourth session to end at record high

04-03-2024 comments

Mumbai (IANS) India's benchmark indices extended gains for the fourth session on Monday to end at record high, said Devarsh Vakil, Deputy Head Retail Research, HDFC Securities.

Nifty registered fresh all-time high of 22,440 in the early…

Corrections in mid and small cap stocks are underway, say analysts

Corrections in mid and small cap stocks are underway, say analysts

03-03-2024 comments

New Delhi (IANS) Corrections in mid and small caps are underway and expected to continue, with regulators urging disclosure of associated risks to AMCs, says Vinod Nair, Head of Research, Geojit Financial Services.

Banking stocks reversed initial…

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