New Delhi, Feb 11 (PTI) Faced with criticism for her latest Budget not doing enough for the poor, Finance Minister Nirmala Sitharaman on Friday mocked Congress leader Rahul Gandhi's 2013 comment of poverty being a state of mind, and asked if this is the poverty she was supposed to address. Replying to the discussion on [...]
New Delhi, Feb 11 (PTI) Union Power Minister R K Singh has stressed on creating a state-specific agency dedicated for energy conservation and efficiency as part of measures to ensure participation of states and UTs in fulfilling the country's climate commitments. The minister also asserted that India will replace diesel with renewables to achieve target [...]
N Chandrasekaran was on Friday reappointment as the chairman of Tata Sons - the holding company of the salt-to-software Tata Group - for a second five-year term. His reappointment was backed by Ratan Tata, chairman of Tata Trusts, the majority owners of Tata Sons. Tata Sons board met on Friday to review the last five [...]
New Delhi, Feb 11 (PTI) Faced with criticism for her latest Budget not doing enough for the poor, Finance Minister Nirmala Sitharaman on Friday mocked Congress leader Rahul Gandhi's 2013 comment of poverty being a state of mind, and asked if this is the poverty she was supposed to address. Replying to the discussion on [...]
New Delhi, Feb 11 (PTI) Crude oil prices rose Rs 6 to Rs 6,805 per barrel on Friday, as participants widened their positions on a firm spot demand. On the Multi Commodity Exchange, crude oil for the February delivery traded higher by Rs 6, or 0.09 per cent, to Rs 6,805 per barrel in 10,340 [...]
New Delhi, Feb 11 (PTI) The Competition Commission of India (CCI) has as of now not found any contravention by e-commerce companies to have indulged in predatory pricing, Parliament was informed on Friday. The CCI has received certain complaints alleging predatory pricing against e-commerce companies, Minister of State for Commerce and Industry Som Parkash said [...]
New Delhi, Feb 11 (PTI) N Chandrasekaran was on Friday reappointed as chairman of Tata Sons for a second five-year term. Tata Sons in a statement said the reappointment was ratified by the board. "At its meeting on 11 February 2022, the Board of Tata Sons reviewed the last five years and considered the reappointment [...]
New Delhi, Feb 11 (PTI) Paints and coatings maker Akzo Nobel India Ltd on Friday reported a 4.06 per cent decline in its consolidated net profit to Rs 83.82 crore for the third quarter ended December 2021, dragged by inflationary headwinds in raw material inputs. The company had posted a net profit of Rs 87.37 [...]
Auto component major Motherson Sumi on Friday reported a 79.96 per cent drop in its consolidated net profit to Rs 225.95 crore for the third quarter ended December 31. The company had posted a consolidated net profit of Rs 1,127.83 crore in the same period of the previous fiscal. Total revenue from operations stood at [...]
Mumbai, Feb 11 (PTI) Stating that the RBI has surprised everyone with its status quo on rates and accommodative stance for the 10th time in a row and a lower forecast for inflation and growth for FY23, SBI Research said that with this, the central bank has set a clear distinction between policy strategy and [...]
