by PTI News | Mar 22, 2022 | 7:48 am | News, News Alert
Domestic cooking gas LPG price hiked by Rs 50 per cylinder; to cost Rs 949.50 per 14.2-kg bottle: Sources. PTI ANZ AMS
by PTI News | Mar 21, 2022 | 10:32 pm | News
New Delhi, Mar 21 (PTI) Capital markets regulator Sebi on Monday barred Quest Financial Services Ltd (QSFL) and six individuals from the securities market for a period ranging from six months to one year as well as imposed penalties totalling Rs 76 lakh for various violations. The directions passed against them through the final order [...]
by PTI News | Mar 21, 2022 | 10:18 pm | News
Jaipur, Mar 21 (PTI) The Rajasthan legislative assembly on Monday passed the state budget by voice vote with Chief Minister Ashok Gehlot making several announcements including discontinuation of 10 percent monthly deduction from the salaries of state government employees for the new pension scheme from April this year. He also announced a policy regarding the [...]
by PTI News | Mar 21, 2022 | 9:56 pm | Corporate Action, News
New Delhi, Mar 21 (PTI) Health tech startup FutureCure Health has secured around USD 4 million (about Rs 30.4 crore) in series A funding round from RVCF India Growth Fund, Unicorn India Ventures, Kotak Investment Advisor Limited, and other investors, the company said on Monday. The company plans to use the funds for developing technologies [...]
by PTI News | Mar 21, 2022 | 9:53 pm | Corporate Action, News
New Delhi, Mar 21 (PTI) City-based edtech platform Leverage Edu has raised USD 22 million in series B funding round from several investors, including Kaizenvest Private Equity, DSP Mutual Fund Group, Artha Ventures, etc. Blume Ventures, DSG Consumer Partners, Tomorrow Capital, Chona Group (behind Havmor), FMCG player Vicco, Mankind Pharma, Trifecta Ventures and Bennett Coleman [...]
by PTI News | Mar 21, 2022 | 9:48 pm | Economy, News
New Delhi, Mar 21 (PTI) Finance Minister Nirmala Sitharaman on Monday defended a proposal to cut interest rate paid on employees' provident fund deposits to over four-decade low of 8.1 per cent, saying the rate is dictated by today's realities where interest rate on other small saving instruments was even lower. Replying to a debate [...]
by PTI News | Mar 21, 2022 | 9:38 pm | Economy, News
Mumbai, Mar 21 (PTI) Reserve Bank of India will ensure abundant liquidity in the market for the credit system to function normally, Governor Shaktikanta Das said on Monday. He emphasised that even as RBI is pulling out liquidity given over the last two years to support various sectors, there will be enough liquidity to meet [...]
by PTI News | Mar 21, 2022 | 9:37 pm | Economy, News
Mumbai, Mar 21 (PTI) Reserve Bank Governor Shaktikanta Das on Monday said with the country's foreign exchange reserves at USD 677 billion, it is comfortably placed to deal with any spillover effects and for financing of the current account deficit. Over the last three years, the country's foreign exchange reserves have surged by USD 270 [...]
by PTI News | Mar 21, 2022 | 9:16 pm | Corporate Action, News
New Delhi, Mar 21 (PTI) Shankara Building Products Ltd's Managing Director Sukumar Srinivas on Monday offloaded over 10 lakh shares of the company for Rs 75 crore through an open market transaction. According to the block deal data on NSE, he sold 10 lakh shares at an average price of Rs 755 apiece. This took [...]
by PTI News | Mar 21, 2022 | 9:07 pm | Economy, News
Mumbai, Mar 21 (PTI) Firmly ruling out the prospects of the economy falling into stagflation -- a situation of prices shooting over the roof and growth plunging -- Reserve Bank Governor Shatikanta Das on Monday instead said prices are set to fall as the impact of the ongoing Ukraine war on the country seems to [...]