Mumbai, Feb 25 (PTI) The issue price for the next tranche of Sovereign Gold Bond Scheme 2021-22, which will open for subscription for five days from Monday, has been fixed at Rs 5,109 per gram of gold, the Reserve Bank of India (RBI) said on Friday. The Sovereign Gold Bond Scheme 2021-22 - Series X [...]
Patna, Feb 25 (PTI) The 16th Bihar Economic Survey Report (ESR)- 2021-22 has termed the growth performance of the state as “better" than the national average. It mentioned the agriculture and allied sectors grew at a pace of 2.1 per cent during the last five years (2016-17 to 2020-21) in the state. Deputy Chief Minister [...]
The country's foreign exchange reserves increased by USD 2.762 billion to USD 632.952 billion for the week ended February 18 on a healthy rise in the value of gold reserves and core currency assets, the RBI said on Friday. In the previous reporting week, the overall reserves had declined by USD 1.763 billion to USD [...]
The government has taken a lot of steps to clean India's real estate sector and the component of black money in property transactions has reduced, Housing and Urban Affairs Secretary Manoj Joshi said on Friday. Addressing a realty conference organised by NAREDCO-MAHI, the association's women wing, he said the stamp duty in property transactions has [...]
New Delhi, Feb 25 (PTI) There is no direct impact of the Russia-Ukraine crisis on India in terms of bilateral trade but a surge in oil prices poses considerable risk to the economy, an analyst report said on Friday. International oil prices which have surged past USD 100 per barrel "pose risks to external stability [...]
Over the decades, Air India has been the key airline when it comes to evacuating Indians from foreign countries during times of conflict. The carrier also has the distinction of carrying out the largest evacuation of people by a civil airliner and the same is mentioned in the Guinness World Records. The recognition came for [...]
Platforms like Amazon helped onboard close to 2.2 crore MSMEs onto e-commerce amid COVID-19 pandemic: Experts New Delhi, Delhi, India – Business Wire India The Indian e-commerce industry is set to grow by 84% to $111 billion by 2024. The Indian e-commerce market has transformed the way business is carried out in India, especially over [...]
Investors' wealth on Friday jumped over Rs 7.72 lakh crore as the broader market clawed back some of its lost ground, a day after Russia's attack on Ukraine roiled investor sentiments. On Friday, benchmark indices Sensex and Nifty rebounded up to 2.5 per cent, in line with higher global markets, as the US and allies [...]
New Delhi, Feb 25 (PTI) Markets regulator Sebi has proposed allowing foreign portfolio investors (FPIs) to participate in the exchange-traded commodity derivatives market. In its consultation paper, the regulator has suggested that FPIs should be allowed to trade in all non-agricultural commodity derivatives and a few selected broad agricultural commodity derivatives, to begin with. The [...]
Moscow, Feb 25 (PTI) The new round of sweeping Western sanctions on Russia after it launched an all-out military operation against Ukraine may hit the country's critical supply chains, head of one of Russia's biggest business groups has told President Vladimir Putin.The US and its allies have decided to block assets of four large Russian [...]
