by PTI News | Mar 10, 2022 | 10:24 pm | Economy, News
London, Mar 10 (PTI) The State Bank of India (SBI) in the UK sees huge complementarity in the new Free Trade Agreement (FTA) regime and wants to help achieve aspirations on both sides, SBI Chairman Dinesh Kumar Khara said in London on Thursday.Addressing a conclave organised with the Federation of Indian Chambers of Commerce and [...]
by PTI News | Mar 10, 2022 | 9:50 pm | Economy, News
Moscow, Mar 10 (PTI) Russian President Vladimir Putin on Thursday warned that the price of fertilisers across the globe may spike further if the West continued to create "difficulties" for his country, one of the world's largest suppliers of mineral fertilisers.Addressing members of the Russian government, Putin also called on the West not to blame Russia [...]
by PTI News | Mar 10, 2022 | 8:07 pm | Economy, News
New Delhi, Mar 10 (PTI) Capital markets regulator Sebi on Thursday imposed a total of Rs 15 lakh fine on three entities for indulging in non-genuine trades in stock options on BSE.In three separate orders, the regulator slapped a fine of Rs 5 lakh each on Priti Sultania, Deepa Hirani and Vivek Rungta HUF.The orders [...]
by PTI News | Mar 10, 2022 | 7:08 pm | Commodities, Economy, News
Mumbai, Mar 10 (PTI) American brokerage firm Morgan Stanley on Thursday sharply cut its India FY23 real GDP growth estimate to 7.9 per cent, mainly due to the impact of the Russia-Ukraine conflict on oil prices.Analysts at the brokerage also raised their inflation forecast to 6 per cent - the upper end of the tolerance [...]
by PTI News | Mar 10, 2022 | 6:35 pm | Economy, News
New Delhi, Mar 10 (PTI) Projects with implementation risks should normally be financed by the capital markets and not by banks using public deposits, former RBI deputy governor NS Vishwanathan said on Thursday.Speaking at an event organised by industry body Assocham, Vishwanathan said India needs a very strong bond market that can fund projects and manage its [...]
by PTI News | Mar 10, 2022 | 5:08 pm | Economy, News
New Delhi, Mar 10 (PTI) The registration of homes in Hyderabad area fell 25 per cent year-on-year to 5,146 units in February, according to Knight Frank India.The Hyderabad residential market includes four districts of Hyderabad, Medchal-Malkajgiri, Rangareddy and Sangareddy.The increase in registration costs (upward revision in registration/market values effective February 1, 2022) for the second time [...]
by PTI News | Mar 10, 2022 | 4:42 pm | Economy, News
New Delhi, Mar 10 (PTI) Indian economy is expected to grow by 7.8 per cent in 2022-23, mainly driven by the government's drive to push infrastructure spending and likely increase in private capital expenditure, rating agency Crisil said on Thursday.The rating agency, however, cautioned that the ongoing Russia Ukraine war and rising commodity prices do [...]
by PTI News | Mar 10, 2022 | 4:36 pm | Economy, News
Mumbai, Mar 10 (PTI) The RBI on Thursday issued a notification to operationalise the USD 500-million line of credit provided by India to Sri Lanka, which is facing the worst economic crisis in decades due to the pandemic, to buy petroleum products. Export-Import Bank of India (Exim Bank) entered into a pact on February 2, [...]
by PTI News | Mar 10, 2022 | 4:11 pm | Economy, News
London, Mar 10 (PTI) Roman Abramovich, one of the world’s richest men who owns the Chelsea Football Club in the UK, was on Thursday added to the UK government’s sanctions list against Russian oligarchs with known links with President Vladimir Putin. The UK Foreign, Commonwealth and Development Office (FCDO) said Abramovich, worth more than 9 [...]
by PTI News | Mar 10, 2022 | 4:05 pm | Economy, News
Ahmednagar, Maharashtra, India – Business Wire India The hyperlocal app, ‘LetsUpp’ known for Indian news and Infotainment will now be available on WhatsApp. LetsUpp is India’s one of its kind first digital infotainment platform, providing a wide variety of news and infotainment-related content to users on WhatsApp. The key feature of WhatsApp is the relief [...]