by PTI News | Mar 7, 2022 | 8:32 pm | News
New Delhi, Mar 7 (PTI) The government on Monday asked the domestic coal sector to increase production to reduce the country's dependence on imports.Speaking at Coal Ministry's Iconic Week Celebrations of Azadi Ka Amrit Mahotsav, Minister of State for Coal, Mines and Railways Raosaheb Patil Danve also noted that sustainable mining needs to be ensured [...]
by PTI News | Mar 7, 2022 | 8:28 pm | News
New Delhi, Mar 7 (PTI) The government on Monday said it has reopened the application window for its Rs 6,238-crore production-linked incentive (PLI) scheme for air-conditioners (ACs) and LED lights with an aim to accommodate more players as several firms have expressed interest for the initiative. Already 42 firms, including Daikin, Panasonic, Syska and Havells, [...]
by PTI News | Mar 7, 2022 | 8:13 pm | News
New Delhi, Mar 7 (PTI) Rural entrepreneurs will be able to access banking systems, including MUDRA bank, for receiving financial support to start their enterprises under a pact signed between NIESBUD and the rural development ministry.The National Institute of Entrepreneurship and Small Business Development (NIESBUD) has signed a Memorandum of Understanding (MoU) with the Ministry [...]
by PTI News | Mar 7, 2022 | 8:03 pm | News
Mumbai, Mar 7 (PTI) Warning that ongoing Russia-Ukraine war may derail government's record borrowing programme next fiscal amid the jittery in the market, a report has said the RBI can cushion the impact and smooth-sail the debt financing plan by adopting some innovative steps.After the continuing mayhem in the market in the wake of the [...]
by PTI News | Mar 7, 2022 | 8:01 pm | News
New Delhi, Mar 7 (PTI) Amid concerns over rising childhood obesity, the consumer affairs ministry is considering a proposal to curb advertisements of junk foods targeted at children under new guidelines on 'misleading ads' to be released soon, a senior official said on Monday. A suggestion in this regard was made by the Ministry of [...]
by PTI News | Mar 7, 2022 | 7:44 pm | News
Mumbai, Mar 7 (PTI) Credit penetration to women borrowers is at a low 12 per cent of the gender's adult population, despite them displaying better repayment rates than men, a leading credit information company said on Monday. In a report published on the eve of the International Women's Day, TransUnion Cibil said women -- who [...]
by PTI News | Mar 7, 2022 | 7:40 pm | Commodities, Economy, News
New Delhi, Mar 7 (PTI) Petrol and diesel prices are likely to be hiked this week as oil companies prepare to pare losses accumulated from keeping rates steady for over four months in the run-up to assembly elections in five states, including UP, despite international oil prices jumping to a 13-year high of USD 140 [...]
by PTI News | Mar 7, 2022 | 7:27 pm | News
New Delhi, Mar 7 (PTI) A day ahead of the International Women's Day, the MSME Ministry on Monday launched SAMARTH -- a special entrepreneurship promotion drive for women. Addressing the launch event, Minister for Micro, Small and Medium Enterprises (MSME) Narayan Rane said the MSME sector offers a plethora of opportunities for women. He highlighted [...]
by PTI News | Mar 7, 2022 | 7:23 pm | News
New Delhi, Mar 7 (PTI) Vikas EcoTech Ltd is increasing captive solar power capacity at its facility in Rajasthan as part of steps to enhance reliance on renewable energy and bring down energy costs, a statement said on Monday.The company manufactures speciality polymers, additives and chemicals for rubber and plastics industries The company, which is [...]
by PTI News | Mar 7, 2022 | 7:17 pm | Commodities, News
New Delhi, Mar 7 (PTI) Russian oil firm Rosneft-backed Nayara Energy has been put on 'credit watch with negative implications' due to sanctions against Moscow for its invasion of Ukraine, CARE Ratings said Monday. Nayara, which is 49.13 per cent owned by Rosneft, operates a 20 million tonnes-a-year oil refinery at Vadinar in Gujarat and [...]
