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Cabinet clears signing pact between Sebi, Canada’s Manitoba Securities Commission

New Delhi, Apr 13 (PTI) The Union Cabinet on Wednesday approved signing of a pact between the Securities and Exchange Board of India (Sebi) and Canada's Manitoba Securities Commission. The bilateral Memorandum of Understanding (MoU) seeks to have a formal basis for cross-border co-operation in the area of securities regulations. It would facilitate mutual assistance, [...]

RLDA invites bids for leasing 50,010 sq m of land in Chennai

Chennai, Apr 13 (PTI) Rail Land Development Authority (RLDA), the statutory body of Indian Railways, has invited bids for development of a railway plot into a warehouse at Thiruvottiyur here, the company said on Wednesday. The plot covers an area of 50,010 square metre and would be leased for 30 years, a press release said. [...]

Russian ruble’s recovery masks disruptive impact of West’s sanctions – but it won’t make Putin seek peace

Middletown (US), Apr 13 (The Conversation) Six weeks into the war with Ukraine, Russia’s economy seems to be holding up better than initially expected.Despite unprecedented sanctions and an exodus of Western companies, the Russian ruble – a widely followed indicator of the economy – has recovered all of its earlier losses. Meanwhile, billions of dollars [...]
Exports up 20% to $ 42 bn in March; reaches $ 420 bn in FY22

Exports up 20% to $ 42 bn in March; reaches $ 420 bn in FY22

The country's exports in March 2022 rose 19.76 per cent to USD 42.22 billion on account of healthy performance by sectors such as petroleum products, engineering, and leather, even as trade deficit during the month widened to USD 18.51 billion. In March 2021, exports stood at USD 35.26 billion, according to a commerce ministry data [...]

Buyofuel on course to capture 25% of India’s Biofuels Market and at least 5% of India’s wastes market

New Delhi, 13th April 2022: By making biofuel accessible and connecting raw materials aggregators, manufacturers, consumers and waste materials in an all-in-one app, Buyofuel is empowering the biofuel industry with its online green fuel marketplace. Taking a leap towards a sustainable future, the company is envisioning to create a platform for trading of biofuel-based commodities [...]