Mumbai, Oct 20 (SocialNews.XYZ) Large corporates which have raised more than the mandated share — 25 per cent — of their qualified borrowings by issuing bonds will be incentivised through reductions in the annual listing…
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…
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….
New Delhi, Oct 19 (SocialNews.XYZ) Nifty concluded on a downbeat tone, following the lead of the global market, with the majority of sectoral indices also doing so, said Vaibhav Vidwani, Research Analyst, Bonanza Portfolio. The…
New Delhi, Oct 19 (SocialNews.XYZ) The government issued a notification on Thursday stating that notified IT hardware items essential for Capital Goods are exempt from import licensing requirements. For instance, laptops/tablets accompanying machinery such as…
New Delhi, Oct 19 (SocialNews.XYZ) On October 19, the fifth Russian-Chinese Energy Business Forum (RCEBF) was opened in Beijing. This event has been taking place every year since 2018 in accordance with agreements between Russian…
Mumbai, Oct 19 (SocialNews.XYZ) The National Bank for Agriculture & Rural Development and Women’s World Banking have signed an MoU to promote the Jan Dhan Plus program through Regional Rural Banks, here on Thursday, officials…
New Delhi, Oct 19 (SocialNews.XYZ) The market responds to economic headwinds more than geopolitical tensions. From that perspective, the sustained rise in US bond yields is becoming a major challenge for the US, and thereby…
New Delhi, Oct 18 (SocialNews.XYZ) India’s total foodgrain production is estimated at a record 3296.87 lakh tonnes for 2022-23 which is 140.71 lakh tonnes higher than the corresponding figure of 3156.16 Lakh tonnes achieved during…
New Delhi, Oct 18 (SocialNews.XYZ) The total horticulture production in the country including fruits, vegetables, flowers and plantation crops is expected to be a record 351.92 million tonnes during 2022-23, according to the 2nd advance…
New Delhi, Oct 18 (SocialNews.XYZ) Domestic equities on Wednesday witnessed selling pressure amidst intensifying conflict in the Middle East and worries of a prolonged high-interest rate regime after a better-than-expected US retail sales, says Siddhartha…
Kochi, Oct 18 (SocialNews.XYZ) On 106th birth anniversary of its founder, K.P Hormis, Federal Bank inaugurated the ‘Mookkannoor Mission’, an initiative under the Swachh Bharat Abhiyan. Mookkannoor — is a village in Ernakulam district. The…
New Delhi, Oct 18 (SocialNews.XYZ) The second half of FY24 would be one of the strongest periods for hotel companies in the last 10 years, on the back of events like the Cricket World Cup,…
New Delhi, Oct 18 (SocialNews.XYZ) The central government has reduced the windfall tax on domestic crude oil with effect from October 18 from Rs 12,200 a tonne to Rs 9,050 in its fortnightly review which…
Mumbai, Oct 17 (SocialNews.XYZ) The Competition Commission of India (CCI) has approved the proposal of Infrastructure Development Finance Company (IDFC) to merge with its banking arm IDFC First Bank. “The CCI vide its letter dated…
New Delhi, Oct 17 (SocialNews.XYZ) Benchmark indices closed higher on Tuesday with Nifty surpassing 19,800, thanks to widespread buying across various sectors, says Mandar Bhojane, Equity Research Analyst, Choice Broking. At the closing bell, the…
New Delhi, Oct 17 (SocialNews.XYZ) Global engineering giant Rolls-Royce has announced plans to sack as many as 2,500 jobs globally as part of a drastic cost-cutting exercise. Tufan Erginbilgiç, a former BP executive, took over…
Mamallapuram (Tamil Nadu), Oct 17 (SocialNews.XYZ) Union Minister for Fisheries Parshottam Rupala on Tuesday said the government has stepped up its investment for the fisheries sector since 2015 and the fish production has increased manifold….
Tokyo/Mumbai, Oct 17 (SocialNews.XYZ) The state government of Gujarat, in a strategic move aimed at fostering collaboration and investment prospects between Japan and India, invited Vedanta to the roadshow targeting Japan’s major electronics players, ahead…