Beijing, May 5 (PTI) The first BRICS Partnership on New Industrial Revolution Centre (BPIC) Training Programme will be held in the southeastern coastal Chinese city of Xiamen from May 11 to 13 with the theme of 'industrial internet'. Nominations for this are sought from Indians who are currently based in China to join physically, a [...]
New Delhi, May 5 (PTI) Finance Secretary T V Somanathan has directed officers not to provide incorrect information to the central government concerning states' borrowings and Centrally Sponsored Schemes as this would attraction action under the service rules. The finance secretary's letter assumes significance as state governments' borrowing and allocation under various schemes depend on [...]
Bengaluru, May 5 (PTI) Fortum Charge & Drive India on Thursday said it has commissioned a public electric vehicle (EV)-charging hub here with 50 charging points. The hub, which allows 50 vehicles to be charged simultaneously, will cater to electric cars, two-wheelers, and three-wheelers, the company said in a release. Fortum Charge & Drive India [...]
New Delhi, May 5 (PTI) Private sector lender ICICI Bank has revised its external benchmark lending rate (EBLR) to 8.10 per cent, and state-owned Bank of Baroda has raised the rate to 6.90 per cent with immediate effect after the RBI hiked the key repo rate.Likewise, two other public sector banks -- Bank of India [...]
New Delhi, May 5 (PTI) LIC's public offer, the country's biggest-ever IPO, was fully subscribed on the second day of bidding on Thursday. Against 16,20,78,067 shares on offer, 16,68,60,765 bids were received -- translating into a subscription of 1.03 times, as per data on stock exchanges as of 7 pm. However, the Qualified Institutional Buyer [...]
Adani Transmission on Thursday reported a decline of 7.6 per cent in its consolidated net profit to Rs 237 crore in the March quarter. The consolidated net profit of the company was Rs 256.55 crore in the quarter that ended on March 2021, according to a company statement. Total income rose to Rs 3,165.35 crore [...]
Beijing, May 5 (PTI) As China continue to wage a grim battle to curb the spread of the Omicron variant in Beijing and Shanghai, Chinese President Xi Jinping on Thursday asked officials to adhere to the much-criticised dynamic zero-COVID policy, saying that the epidemic prevention reached a "critical stage." Xi presided over the ruling Communist [...]
New Delhi, May 5 (PTI) IT company Wipro Limited and domestic telecom gear maker HFCL have entered into a partnership to jointly develop 5G product portfolio, mainly the routers required to connect mobile sites with the core network of telecom operators. The companies will collaborate on a portfolio of 5G products for the telecommunications sector, [...]
Ranchi, May 5 (PTI) The Jharkhand government has received a total of Rs 19.07 crore excise revenue in the last four days post amendments in excise policy related to rules of wholesale and retail sale of liquor, an official said.The state Cabinet on March 30 had approved four major amendments in the excise policy related [...]
New Delhi, May 5 (PTI) India will not provide import duty concession under the free trade agreement with Australia on 29.8 per cent of its tariff lines or product categories, including dairy products, food grains, precious metals, jewellery and most of the medical devices.Given the sensitivities of the specified products for the domestic industry, India [...]
