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Omega Seiki Mobility partners with Goenka Green-promoted ElectroRide

Mumbai, Feb 4 (PTI) Electric vehicle maker Omega Seiki Mobility (OSM) has entered into a strategic partnership with Goenka Green-promoted ElectroRide to jointly set up over 500 dealerships pan-India in a phased manner by FY24. The collaboration will mark Goenka Green's entry in the electric commercial vehicle segment under the ElectroRide brand after 28 years [...]

Export subsidies not yielded results; still India’s exports on track: Goyal

New Delhi, Feb 4 (PTI) Promoting exports through subsidies has not really given the desired results, but the government's RoDTEP scheme is helping grow exports which is expected to reach a record USD 400 billion this year, Commerce and Industries Minister Piyush Goyal said on Friday in the Rajya Sabha.        Goyal, while [...]

Guar gum futures gain on spot demand

New Delhi, Feb 4 (PTI) Guar gum prices on Friday gained Rs 154 to Rs 11,840 per five quintal in futures trade as speculators increased their holdings on spot demand. On the National Commodity and Derivatives Exchange, guar gum contracts for February delivery traded higher by 1.32 per cent, or Rs 154, to Rs 11,840 [...]

MUMBAI, FEB 4 (PTI)

OPENING RATES SILVER SPOT (IN RS PER KILO): 60751.00 STANDARD GOLD (99.5) : 47975.00 PURE GOLD (99.9) : 48168.00 CALCUTTA BULLION :- SILVER RDY.(BAR) : 61400.00 RS. PER KG.SILVER RDY.(PORTION) : 61500.00 RS. PER KG.GOLD (24 CARAT) RDY. : 48750.00 RS. PER 10 GMS.GOLD (22 CARAT) RDY. : 46250.00 RS. PER 10 GMS.HALLMARKED GOLD(22 CARAT) [...]

IIT Hyderabad to set up Suzuki Innovation Centre at its campus

New Delhi, Feb 4 (PTI) Indian Institute of Technology, Hyderabad (IITH) on Friday said it has entered into an agreement with Suzuki Motor Corporation to start Suzuki Innovation Centre (SIC) at its campus. The institute has signed a three-year contract with the automaker with the vision of "creating innovations for India and Japan" by providing [...]

THE DIRECT RATES OF SBI

EXCHANGE (DPE ) AS ANNOUNCED BY THE STATE BANK OF INDIA HERE TODAY. ( ALL RATES IN RUPEES PER UNIT ).CURRENCY TTBUY TTSEL BILLBUY TTSEL CODE USD/INR 73.97 75.47 73.91 75.63 EUR/INR 84.21 87.10 84.15 87.28 GBP/INR 100.12 103.29 100.04 103.50 JPY/INR 63.96 66.15 63.91 66.28 CHF/INR 79.71 82.76 79.64 82.93 AUD/INR 52.37 54.53 52.33 [...]

Foreign investment key to economic development: Sri Lankan Prez Rajapaksa

Colombo, Feb 4 (PTI) Sri Lanka cannot accelerate its economic development without encouraging and removing obstacles faced by entrepreneurs, President Gotabaya Rajapaksa said on Friday, as he pitched for foreign investment and urged the public to be wary of those propagating "incorrect public opinion" against it. Speaking at the 74th National Day celebrations, Rajapaksa defended [...]

MUMBAI, FEB 4 (PTI) Money Market Operations as on FEB 3, 2022

(Amount in ? crore, Rate in Per cent) VOLUME Weighted MONEY MARKET (ONE LEG) Average Rate Range A. Overnight Segment 516,793.42 3.31 2.20-5.25 I. Call Money 7,806.73 3.23 2.20-3.50 II. Triparty Repo 410,268.85 3.31 3.22-3.42 III. Market Repo 98,669.84 3.34 2.50-3.50 IV. Repo in Corporate Bond 48.00 5.25 5.25-5.25 B. Term Segment I. Notice Money** [...]
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