Kathmandu, Apr 18 (PTI) The Nepal government has cut fuel allowance of its ministries and state-owned enterprises by 20 per cent, as the country battles a foreign exchange crisis and the price of petroleum products sky-rockets globally, officials said on Monday. The decision was taken at a meeting of the Council of Ministers held on [...]
New Delhi, Apr 18 (PTI) More than 1.67 lakh companies were incorporated in the country in the last financial year compared to 1.55 lakh new companies registered in the year-ago period, according to the Ministry of Corporate Affairs (MCA).In a statement on Monday, the ministry said the increase is significant considering that number of companies [...]
New Delhi, Apr 18 (PTI) Extreme poverty in India declined by 12.3 percentage points between 2011 and 2019, with rural areas doing better than urban centres, according to a working paper of the World Bank. India has not released a new household consumption survey since the NSS from 2011. By extension, the country has not [...]
New Delhi, Apr 18 (PTI) Realty firm Rohan Lifescapes on Monday said it has sold 55,383 square feet of office space in its joint venture commercial project in Mumbai for Rs 202 crore.Rohan Lifescapes sold the office space to Polycab India, a leading wires and cables manufacturer in India, its CMD Harresh Mehta said."We have [...]
Mumbai, Apr 18 (PTI) The rupee depreciated for the third straight session to close 10 paise lower at 76.29 against the US dollar on Monday, tracking the strength of the greenback overseas coupled with foreign fund outflows. At the interbank foreign exchange market, the rupee opened lower at 76.41 against the American currency, and shuttled [...]
Bengaluru, Apr 18 (PTI) The State High-level Clearance Committee on Monday approved investment projects worth Rs 11,495.4 crore. “I am very happy to announce that in today’s 58th meeting of State High-level Clearance Committee, we have approved five new projects and four additional investment projects with a total investment of Rs. 11,495.4 crore which creates [...]
Mumbai, Apr 18 (PTI) Only 29 of the top-50 private companies in the country have a time-bound target to become carbon-neutral as part of the United Nations sustainable development goals (SDG), a report said on Monday. According to the 'Capri Global Capital Hurun India Impact 50', only 14 of the 50 top companies have reported [...]
New Delhi, Apr 18 (PTI) RailTel Corporation of India, a Mini Ratna central government PSU under the Ministry of Railways, has received a work order from Rail Vikas Nigam Limited (RVNL) worth Rs 11.57 crore for the installation of multi-protocol label switching (MPLS) virtual private networks (VPNs) at 33 locations across the country.According to the [...]
Leading stock exchange BSE on Monday said its mutual fund distribution platform StAR MF has processed a record 30.11 lakh transactions in a single day on Monday. It surpassed its previous best single-day record of 29.9 lakh transactions which was registered on April 11, the exchange said in a statement. "Every transaction counts! And this [...]
The Securities Appellate Tribunal (SAT) has admitted former NSE chief Chitra Ramkrishna's plea against a Sebi order in relation to governance lapses at the bourse and directed her to deposit an amount of Rs 2 crore. The appellate tribunal also directed NSE to deposit more than Rs 4 crore towards leave encashment and deferred bonus [...]
