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NTPC’s installed capacity touches 58,816 MW

New Delhi, March 25 (SocialNews.XYZ) With the commissioning of second unit of 660 MW at Khargone Super Thermal Power Project in Madhya Pradesh, the total installed capacity of NTPC Ltd increased to 58,816 MW, India’s…



Rebate in taxes on garments exports extended

New Delhi, March 25 (SocialNews.XYZ) The Union cabinet on Wednesday gave its approval for the continuation of “Rebate of State and Central Taxes and Levies” (RoSCTL) scheme for the apparel industry. According to an official…


OYO steps in to help govt fight COVID-19

New Delhi, March 25 (SocialNews.XYZ) Indian hospitality giant OYO has stepped in to offer support in the fight against the outbreak of novel Coronaviurs (COVID-19). In the US, the company is offering free stay to…


Covid-19: GoAir decides to reduce pay across board

Mumbai, March 25 (SocialNews.XYZ) GoAir on Wednesday decided to institute a limited pay reduction measure across the board to deal with the economic fallout of Covid-19 and the lockdown. The company communicated this decision, which…


Relief rally in markets, Sensex up 1,861 points

Mumbai, March 25 (SocialNews.XYZ) Amid a rebound in the global markets, Indian equity indices surged on Wednesday with the BSE Sensex gaining over 1,800 points to close above the 28,000-mark. The Nifty50 on the National…




CCEA okays Rs 1,340 cr recap of regional rural banks

New Delhi, March 25 (SocialNews.XYZ) The Cabinet Committee on Economic Affairs on Wednesday approved the recapitalisation of regional rural banks with total outlay of Rs 1,340 crore, to improve their capital adequacy during the coronavirus…







Sensex up 1,600 points, Nifty above 8,000

Mumbai, March 25 (SocialNews.XYZ) Indian stock markets witnessed a rally on Wednesday afternoon with the BSE Sensex rising 1,600 points. The indices gained steadily after a largely volatile trade earlier in the day. The Nifty50…


E-commerce companies allowed to deliver essentials in Chennai

Chennai, March 25 (SocialNews.XYZ) The Greater Chennai Corporation on Wednesday allowed all e-commerce companies to deliver food, groceries and others by following contactless deliveries. According to Chennai Corporation, the e-commerce company officials engaged in production…





Markets up after opening on a negative note

Mumbai, March 25 (SocialNews.XYZ) The 30-scrip Sensitive Index (Sensex) on Wednesday recovered after opening on a negative note. The Sensex of the BSE opened at 26,499.81 points and touched a high of 27.299.44 points. The…