Mumbai, May 6 (PTI) The government has allowed a 50 per cent concession in revenue share for coal gasification, Union Minister of Coal, Mines and Parliamentary Affairs Pralhad Joshi said on Friday."In order to support coal gasification and availability of coal for the sector on concessional rate, Ministry of Coal has introduced a policy for [...]
New Delhi, May 6 (PTI) Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday reported a 22.5 per cent rise in net profit for the quarter ended March on the back of bumper oil refining margins, steady growth in telecom and digital services and strong momentum in the retail business. The oil-to-retail-to-telecom conglomerate's consolidated net profit [...]
Chandigarh, May 6 (PTI) The import pass fee on wine has been slashed from Rs 7 to Rs 2 per bulk litre and the letter of intent fee for establishing wine manufactory reduced from Rs 15 lakh to Rs one lakh, as per the new excise policy of Haryana approved by the state cabinet here [...]
New Delhi, May 6 (PTI) There are huge opportunities for increasing cooperation in areas like tourism, design, digital world, services, goods and education between India and Italy to boost economic ties, Commerce and Industry Minister Piyush Goyal said on Friday. He said that large size of domestic market, availability of talent pool, and the world [...]
New Delhi, May 6 (PTI) Bank officers union AIBOC has objected to the RBI's decision to open ASBA-designated branches on Sunday to facilitate subscription to the public offer of LIC, saying it will serve no purpose as most of the applications are filed digitally. Most of the branches are ASBA (Application Supported by Blocked Amount) [...]
Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday reported a 22.5 per cent rise in earnings for the quarter ended March on the back of bumper oil refining margins, steady growth in telecom and digital services and strong momentum in retail business. The oil-to-retail-to-telecom conglomerate's consolidated net profit rose to Rs 16,203 crore in the [...]
New Delhi, May 6 (PTI) Union Minister of State for Agriculture Kailash Choudhary on Friday asked Cluster-Based Business Organisations (CBBOs) to reach out to the local elected representatives for mobilising small and marginal farmers to join the Farmer Producers Organisations. Addressing a conference in Jaipur, Choudhary asked "CBBOs and Implementing Agencies to further focus on [...]
New Delhi, May 6 (PTI) The Delhi High Court on Friday sought the stand of the Centre and the Reserve Bank of India on a plea alleging low circulation of visually impaired friendly coins in the economy. A bench of Acting Chief Justice Vipin Sanghi and Justice Navin Chawla issued notice on the application by [...]
New Delhi, May 6 (PTI) Expressing concern over high amount of carbon emissions from the domestic iron and steel sector, steel minister Ram Chandra Prasad Singh on Friday urged industry stakeholders to come together and develop an action plan to address the issue. The iron and steel sector is challenging with regard to reduction in [...]