Mumbai, Oct 20 (SocialNews.XYZ) The Central Pollution Control Board has directed the government-owned oil marketing company Bharat Petroleum Corporation Limited (BPCL) to pay up Rs 2 crore as environmental compensation for not installing vapour recovery…
Mumbai, Oct 20 (SocialNews.XYZ) Kotak Mahindra has received RBI’s approval to acquire Sonata Finance for Rs 537 crore, the bank said in informed the Bombay Stock Exchange on Friday. “We now wish to update you…
New Delhi, Oct 20 (SocialNews.XYZ) Green Hydrogen developers and renewable energy stakeholders have flagged issues like regulatory provisions for enabling dual connectivity, certain contractual conditions, demand charges being levied by states and other aspects related…
Mumbai, Oct 20 (SocialNews.XYZ) The RBI on Friday said it has imposed penalty of Rs 2.50 crore on L&T Finance for violating the central bank’s directions on disclosing adequate information to borrowers on the interest…
New Delhi, Oct 20 (SocialNews.XYZ) Foreign brokerage, Morgan Stanley has increased the overweight stance on India as the most-preferred EM market. Relative economic/earnings growth is improving and the macro-stability setup looks sufficient to withstand the…
Mauritius, Oct 20 (SocialNews.XYZ) Domestic equities witnessed selling pressure for third consecutive day amid weak global cues, says Siddhartha Khemka, Head – Retail Research, Motilal Oswal Financial Services. Nifty opened lower and remained negative throughout…
Mumbai, Oct 20 (SocialNews.XYZ) Gold prices rose to a three-month high on Friday and were headed for a second consecutive weekly gain, on the back of a safe-haven demand due to the Middle East conflict…
Chennai, Oct 20 (SocialNews.XYZ) The Murugappa Group company, CG Power and Industrial Solutions Limited on Friday said it has logged a net profit of Rs 355.24 crore for the second quarter of FY24. The company…
Colombo, Oct 20 (SocialNews.XYZ) Sri Lanka has reached a staff-level agreement on the first review of the Extended Fund Facility (EFF) Arrangement with the International Monetary Fund (IMF), clearing the path for the country to…
Bengaluru, Oct 20 (SocialNews.XYZ) To ensure sectoral industrial growth, the Karnataka government has constituted nine new vision groups under the chairmanship of the Minister for Large and Medium Industries M.B Patil. These visionary groups comprising…
Chennai, Oct 20 (SocialNews.XYZ) The shares of Jindal Stainless Steel shone bright on Friday shooting up to Rs 493, a day after it declared the second quarter results with a quantum jump in profit, interim…
New Delhi, Oct 20 (AINS) RBI Governor Shaktikanta Das on Friday said the central bank faces the challenge of keeping a delicate balance between promoting growth and controlling inflation, with the potential for conflicts between…
New Delhi, Oct 20 (SocialNews.XYZ) UK Prime Minister Rishi Sunak’s next visit to India does not look imminent unless the ongoing talks on a Free Trade Agreement (FTA) between the two countries suddenly conclude successfully….
Washington, Oct 20 (SocialNews.XYZ) US Federal Reserve chairman Jerome Powell has said that despite turning lower over the past few months, inflation is still too high, noting that the central bank is striving to balance…
New Delhi, Oct 19 (SocialNews.XYZ) The government on Thursday underscored the importance of swift bank account verification for successful implementation of the PM Vishwakarma scheme during the review of the banking preparedness of the newly-launched…
New Delhi, Oct 19 (SocialNews.XYZ) Amid a challenging operating environment and high base effect in some of its operating segments, ITC Limited sustained its strong growth momentum during the quarter driven by focus on customer…
New York, Oct 19 (SocialNews.XYZ) US stocks rose higher on Thursday ahead of Federal Reserve Chairman Jerome Powell’s scheduled speech at the Economic Club of New York later in the day. The stocks edged higher…
New Delhi, Oct 19 (SocialNews.XYZ) Inflation has moderated from its July peak, thus bolstering macroeconomic fundamentals and the Indian rupee has been showing low volatility, the RBI has said in its monthly bulletin for October…
Mumbai, Oct 19 (SocialNews.XYZ) Tata Motors has acquired a 26.79 per cent stake in digital platform Freight Commerce Solutions Private Limited (‘Freight Tiger’) for Rs 150 crore, the company stated in filing with the stock…
Mumbai, Oct 19 (SocialNews.XYZ) The Reserve Bank of India (RBI) has slapped monetary penalties on five co-operative banks in Gujarat for violation norms which include giving loans to their own directors which is not allowed….