Seven departments merged to set up Jal Shakti in Uttar Pradesh
Aug 30, 2019, at 05:34 pm
Lucknow, Aug 30(UNI) Uttar Pradesh government on Friday issued a Government Order(GO) to merge seven important departments to set up a new 'Jan Shakti' department on the lines of the Central government.
Indian Market: Sensex bounces back 263.86 pts, ends in green
Aug 30, 2019, at 05:26 pm
Mumbai, Aug 30 (UNI) The BSE Sensex on Friday bounced back by 263.86 points at 37,332.79, snapping a negative streak of last two sessions ahead of the June quarter GDP numbers, due later in the day.
Nirmala Sitharaman announces major state-run bank mergers
Aug 30, 2019, at 04:51 pm
New Delhi, Aug 30 (IBNS): Union Finance Minister Nirmala Sitharaman on Friday said Punjab National Bank, Oriental Bank of Commerce and United Bank will be brought together to form the second-largest public sector bank of the country.
Rupee falls 18 paise against USD
Aug 29, 2019, at 12:41 pm
Mumbai, Aug 29 (UNI) The Rupee on Thursday lost further by 18 paise to 71.95 against the US Dollar in early trade amid weak domestic equity market and persistent foreign fund outflows, the dealers at the Forex Market said.
Aug 29, 2019, at 12:38 pm
Mumbai, Aug 29 (UNI) The benchmark index of Bombay Stock Exchange (BSE) on Thursday slipped by 279.35 points to 37,172.49 in early trade on heavy selling in banking stocks ahead August month derivatives expiry amid weak cues from other Asian markets.
Cabinet approves 100 pct FDI for coal mining
Aug 28, 2019, at 10:03 pm
New Delhi, Aug 28 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi has approved the proposal for Review of Foreign Direct Investment on various sectors and stated the changes in FDI policy will result in making India a more attractive FDI destination, leading to benefits of increased investments, employment and growth.
Indian Rupee down 29 paise to 71.77 against USD
Aug 28, 2019, at 06:04 pm
Mumbai, Aug 28 (UNI) The Rupee on Wednesday tumbled down by 29 paise to settle at 71.77 against the greenback on rising demand for US Dollar by bankers and importers, dealers at the Forex Market said.
Indian market: Sensex down by 189.43 pts
Aug 28, 2019, at 05:04 pm
Mumbai, Aug 28 (UNI) The BSE Sensex on Wednesday fell by 189.43 points to 37,451.84 on brisk selling in metal, power, auto, Banking and healthcare stock.
Yes Bank moves down by 7.74 pc to Rs 59.50
Aug 28, 2019, at 05:03 pm
Mumbai, Aug 28 (UNI) Yes Bank on Wednesday fell by 7.47 pc to Rs 59.50 to be the top losers in the 30 scrips index of Bombay Stock Exchange (BSE).
One-third of 5-trillion dollar economy must come from exports: Pranab Mukherjee
Aug 27, 2019, at 07:45 pm
Kolkata: Former President and Bharat Ratna Pranab Mukherjee has said exports must constitute one-third of the five-trillion dollar Indian economy, an ambition of the present government.
Pranab Mukherjee graces FIEO's Eastern Region Export Excellence Award
Aug 27, 2019, at 07:36 pm
Kolkata: Former President and Bharat Ratna Pranab Mukherjee on Monday graced the fifth and sixth set of Eastern Region Export Excellence Award of Federation of Indian Export Organisations (FIEO) here.
Govt not yet decided how to utilise RBI funds: Nirmala Sitharaman
Aug 27, 2019, at 07:35 pm
New Delhi, Aug 27 (IBNS): A day after the Reserve Bank of India decided to transfer Rs. 1.76 lakh crore from its reserve and surplus to the government of India, Finance Minister Nirmala Sitharaman on Tuesday said that the Centre has not yet decided on how the funds from the central bank will be utilised.
Indian Rupee ends up by 54 paise against USD
Aug 27, 2019, at 06:19 pm
Mumbai, Aug 27 (UNI) The Rupee on Tuesday jumped by 54 paise, to end at 71.48 at close, following strong equity market and after the latest remark by US President Donald Trump on trade talk with China, which enthused the investors.
Ridesharing company Uber riders get round-the-clock safety helpline
Aug 27, 2019, at 05:18 pm
New Delhi, Aug 27 (UNI) Ride sharing company Uber here on Tuesday announced the launch of a 24x7 safety helpline in India.
Mutual Funds eye INR 100 Trillion AUM opportunity, 10 crore investors
Aug 27, 2019, at 05:11 pm
Mumbai, Aug 27 (IBNS): The Indian Mutual Funds industry is eyeing four-fold rise in Assets Under Management (AUMs) to INR 100 Trillion (INR 100 lakh crore from existing INR 25 Lakh crore), and a five-fold rise in investor base to 100 million (from existing 20 million) over the next decade, according to the AMFI-BCG Vision Document, aspiring to achieve huge geographic penetration in B30 cities, where nearly 90% of Indian households reside.
Radisson Hotel Group to lead foray of Spanish cuisine in India
Aug 27, 2019, at 05:00 pm
New Delhi, Aug 27 (IBNS): Radisson Hotel Group has signed an exclusive Master Franchise Agreement (MFA) with Tapas Club, a popular Singapore-based food and drink (F&D) brand, to roll out a series of stylish Spanish restaurants across its extensive portfolio of hotels in India.
The Walmart Foundation announces two new grants to benefit over 81,000 smallholder farmers in India
Aug 27, 2019, at 04:57 pm
Kolkata/New Delhi, Aug 27 (IBNS): Deepening its commitment to improving farmer livelihoods in India, the Walmart Foundation on Tuesday announced $4.8 million (approximately Rs. 34 crores) in grants to Digital Green and TechnoServe to enable programs that help smallholder farmers have access to agriculture technology, training on sustainable farmer methods, enhanced access to formal markets, and skill and capacity building for farmer producer organizations (FPOs).
Nissan’s ProPILOT golf ball turns every driver into a pro
Aug 27, 2019, at 04:54 pm
Yokohama, Japan , Aug 27 (IBNS) Automobile giant Nissan has taken the dreaded “putting nerves” out of golf with its latest innovative concept, the ProPILOT golf ball.
Indian Market: Sensex rises by 147.15 pts
Aug 27, 2019, at 04:31 pm
Mumbai, Aug 27 (UNI) The BSE Sensex on Tuesday increased by 147.15 points to 37,641.27 on easing fiscal deficit worries after RBI decided to transfer Rs 1.76 lakh crore to government.
Australian Trade delegation visits IVI Chennai vision screening project
Aug 27, 2019, at 03:11 pm
New Delhi, Aug 27 (IBNS): Blacktown City Mayor Stephen Bali MP is leading a trade delegation to India and visited the India Vision Institute project at Chennai Higher Secondary School, Maduvinkarai in Guindy on Tuesday.
Reserve Bank of India to transfer Rs. 1,76,051 crore to government
Aug 27, 2019, at 09:01 am
New Delhi, Aug 27 (IBNS): The Reserve Bank of India on Monday announced it has accepted the recommendations of Bimal Jalan Committee following which it approved surplus transfer to the Centre.
Ola can now be booked directly from the Kotak Mobile Banking App
Aug 26, 2019, at 06:00 pm
Kolkata, Aug 26 (IBNS): Kotak Mahindra Bank (Kotak) and Ola - a ride-hailing platforms, on Monday announced a first-of-its-kind partnership that will enable Kotak customers to directly book Ola cabs and autos across 150 cities in India from within the Kotak mobile banking app.
Indian Rupee lost by 36 paise against USD
Aug 26, 2019, at 05:52 pm
Mumbai, Aug 26 (UNI) The Rupee on Monday tumbled down by 36 paise to settle at 72.02 against the greenback on rising demand for US Dollars by bankers and importers, the dealers at the Forex Market said.
Indian Market: Sensex up by 792.96 pts
Aug 26, 2019, at 05:12 pm
Mumbai, Aug 26 (UNI) The benchmark index of Bombay Stock Exchange (BSE) on Monday posted a huge gain of 792.96 points to 37,494.12 following gains in Realty, Bankex and Power stocks.
Indian market: Sensex surges by 544.99 pts
Aug 26, 2019, at 03:55 pm
Mumbai, Aug 26 (UNI) The BSE Sensex on Monday spurted by 544.99 points to 37,246.15 till noon following the rollback of an additional levy on foreign funds and measures announced by the government to boost economic growth, Finance Minister Nirmala Sitharaman said.
Twenty-two tax officials sacked over corruption charges
Aug 26, 2019, at 02:06 pm
New Delhi: In a major crackdown against wrongdoings, the Central Board of Indirect Taxes and Customs (CBIC) has compulsorily retired 22 tax officials over corruptions charges, media reports said.
Rupee falls further by 0.82%, touches lowest point in a year
Aug 26, 2019, at 01:54 pm
Mumbai: The Indian rupee fell further on Monday touching the lowest point in a year, media reports said.
Being an entrepreneur is all about hard work and the spirit to battle out odds: Dozee CEO
Aug 25, 2019, at 11:47 pm
Bangalore, Aug 25 (IBNS): On the occasion of World Entrepreneurs Day recently, Mudit and Gaurav, Founders of Bangalore based health tech start-up Dozee shared the challenges as an entrepreneur and why it’s worth all the efforts.
FIEO to host its 5th and 6th set of Eastern Region export excellence award in Bengal
Aug 25, 2019, at 02:06 pm
Kolkata, Aug 25 (IBNS): FIEO (Federation of Indian Export Organisation) sees the strong flow of exports in Eastern India especially in the Iron and Steel sector and hence will host its 5th and 6th set of Eastern Region export excellence award in West Bengal.
Euro A Zipper forays into India, ties up with Kolkata-based Bagaria Trading Ltd
Aug 24, 2019, at 05:38 pm
Kolkata, Aug 24 (BNS): Euro A Zipper, one of the leading international zippers brands today entered into an agreement with Kolkata-based Bagaria Trading Ltd. With this agreement, the zipper company forays into the rapidly-growing Indian market with an intent to seize a sizeable chunk of the leather and leather apparel segment that accounts for 12% to 13% of world’s leather production.