Kolkata, Apr 19 (PTI) Asserting that the jute industry is on the verge of collapse, endangering the livelihood of three crore people engaged in this sector, Trinamool Congress Chief Whip in the Rajya Sabha, Sukhendu Sekhar Ray, sought the intervention of the Centre to resolve the crisis.For this situation, Ray blamed the Jute Commissioner's Office [...]
New Delhi, Apr 19 (PTI) Demand for two-wheelers continues to be weak while that for passenger and commercial vehicles remains robust as compared with last year, a survey on automobile dealerships by ratings agency Icra has revealed. Automobile dealership industry has been witnessing several headwinds in the recent past, including subdued demand for two-wheelers (2W), [...]
New Delhi, Apr 19 (PTI) Majority of the corporates are willing to pay premium to take green certified buildings on lease as sustainability has become an important consideration along with location and rental, according to property consultant JLL. In its report 'Sustainable real estate: India's response to a greener future', the consultant said that sustainability [...]
Washington, Apr 19 (PTI) Finance Minister Nirmala Sitharaman on Tuesday discussed a range of issues, including the current geopolitical situation and its economic impact, with IMF chief Kristalina Georgieva, and highlighted the Indian government's commitment to support growth through capital expenditure. During the meeting with Georgieva on the sidelines of the ongoing annual spring meetings [...]
New Delhi, Apr 19 (PTI) State-owned fuel retailers IOC, BPCL and HPCL may suffer marketing losses in January-March 2022 quarter for holding petrol and diesel prices despite a rise in cost but robust core refining margins and windfall inventory gains should mitigate the potential losses in near term, Fitch Ratings said Tuesday. The three fuel [...]
Washington, Apr 19 (PTI) Finance Minister Nirmala Sitharaman on Tuesday met IMF managing director Kristalina Georgieva and discussed a range of issues, including impact of geopolitical situation on global growth. During the meeting held on the sidelines of the ongoing annual spring meetings of the International Monetary Fund (IMF) and the World Bank, the IMF [...]
Washington, Apr 19 (PTI) Finance Minister Nirmala Sitharaman has met her Sri Lankan counterpart Ali Sabry here and assured him that as a close friend and good neighbour, India will try to extend all possible cooperation and assistance to the island nation amidst its worst economic crisis. Sri Lanka, which is on the brink of [...]
New Delhi, Apr 19 (PTI) Honda Cars India Ltd (HCIL) on Tuesday said it has started production of the upcoming electric hybrid version of its popular sedan, City. The new 'Honda City e:HEV' will be launched early next month. It is being manufactured at the company's manufacturing facility at Tapukara in Rajasthan. Customers can book [...]
Washington, Apr 19 (PTI) Finance Minister Nirmala Sitharaman on Tuesday made a strong case for regulating cryprocurrencies at a global level to mitigate the risk of money laundering and terror funding. Participating at a high-level panel discussion organised by the IMF, the Finance Minister said that as long as the non-governmental activity of the crypto [...]
Finance Minister Nirmala Sitharaman on Tuesday met IMF managing director Kristalina Georgieva and discussed a range of issues, including impact of geopolitical situation on global growth. During the meeting held on the sidelines of the ongoing annual spring meetings of the International Monetary Fund (IMF) and the World Bank, the IMF chief highlighted India's well-targeted [...]
