by PTI News | Apr 30, 2022 | 9:56 pm | News
Purnea (Bihar), Apr 30 (PTI) Bihar Chief Minister Nitish Kumar on Saturday claimed that the state is witnessing a rapid industrial growth for the last few years and asserted it will soon become one of the leading ethanol producers in the country. Inaugurating a greenfield grain-based ethanol plant in Parora in Purnea district, Kumar said [...]
by PTI News | Apr 30, 2022 | 9:34 pm | Economy, News
New Delhi, Apr 30 (PTI) CBDT Chairman J B Mohapatra retired on Saturday even as a government order for the appointment of a regular head of the direct taxes administration body is awaited. Mohapatra, a 1985-batch Indian Revenue Service (IRS) officer of the Income Tax department, was appointed as the full-time chairman in September last [...]
by PTI News | Apr 30, 2022 | 8:33 pm | News
New Delhi, Apr 30 (PTI) Consumer protection regulator CCPA has issued an advisory to e-commerce companies against the illegal sale and facilitation of wireless jammers for general consumption, the Consumer Affairs Ministry said on Saturday.Before CCPA, the Department of Telecommunication had issued an advisory on January 21, 2022, against the illegal facilitation and sale of [...]
by PTI News | Apr 30, 2022 | 8:28 pm | News
Bengaluru, Apr 30 (PTI) Minister of State for Electronics and IT Rajeev Chandrasekhar on Saturday said India has over 80 unicorns in the internet and software space and now it is time to build unicorn in the semiconductor design domain. While interacting with startups at Semicon India Conference, Chandrasekhar said there is a tremendous future [...]
by PTI News | Apr 30, 2022 | 8:22 pm | Commodities, News
New Delhi, Apr 30 (PTI) The government on Saturday said the second phase of mandatory hallmarking of gold jewellery and artefacts will come into force from June 1 this year.Gold hallmarking is a purity certification of the precious metal and was voluntary in nature till June 16, 2021, when the government decided to implement mandatory [...]
by PTI News | Apr 30, 2022 | 8:12 pm | Company Results, News
Mumbai, Apr 30 (PTI) Yes Bank on Saturday reported a net profit of Rs 367 crore for the March 2022 quarter, helped by a heavy reduction in provisions for bad debts, which the private sector lender had to set aside as it recognised legacy stress in the year-ago period.FY22 is the first full-year profit since [...]
by PTI News | Apr 30, 2022 | 7:49 pm | Foreign Exchange and Rupee Price, News
New Delhi, Apr 30 (PTI) The Enforcement Directorate Saturday "seized" over Rs 5,551-crore worth fund of Chinese mobile manufacturing company Xiaomi for violating the Indian foreign exchange law, officials said.In a press release after the ED's statement, Xiaomi Technology India Private Limited said its operations in the country are "firmly compliant with local laws and [...]
by PTI News | Apr 30, 2022 | 7:46 pm | News
Shimla, Apr 30 (PTI) The Himachal Pradesh government has made important changes in the State Industrial Policy, an official spokesperson said here. The state government had notified the Himachal Pradesh Industrial Investment Policy 2019 on August 16, 2019, to provide incentives, concessions and facilities to promote investment in the hill state, the spokesperson of the [...]
by PTI News | Apr 30, 2022 | 7:13 pm | News
New Delhi, Apr 30 (PTI) Agriculture science firm FMC India has partnered with Govind Ballabh Pant University of Agriculture and Technology (GB Pant University) to develop entrepreneurship among rural women through beekeeping.FMC Corporation is a global agricultural sciences company dedicated to helping growers produce food, feed, fibre and fuel for an expanding world population while [...]
by PTI News | Apr 30, 2022 | 6:30 pm | News
Chandigarh, Apr 30 (PTI) The Punjab government on Saturday announced financial assistance of Rs 1,500 per acre to farmers sowing paddy through the direct seeding of rice (DSR) technique to check depleting underground water table.In his announcement, Chief Minister Bhagwant Mann also said the farmers can start sowing paddy through the DSR technique from May [...]
by PTI News | Apr 30, 2022 | 5:44 pm | Company Results, News
New Delhi, Apr 30 (PTI) IDFC First Bank on Saturday posted over two-fold rise in net profit to Rs 343 crore in the March 2022 quarter on the back of strong core operating income and lower provisioning for bad loans.The private sector lender had reported a net profit of Rs 128 crore in the same [...]
by PTI News | Apr 30, 2022 | 5:18 pm | News
Mumbai, Maharashtra, India (NewsVoir) The third season of Everest Better Kitchens Culinary Challenge (EverestBKCC) was held across 10 Indian cities viz Bhopal, Kolkata, Chennai, Hyderabad, Mumbai, Ludhiana, Jaipur, Nagpur, Kolhapur, and Pune. The theme of the culinary challenge was Flavours of India - that aimed at creating familiarity with Indian regional cuisines. Around 1000 students [...]
by PTI News | Apr 30, 2022 | 5:12 pm | Company Results, News
New Delhi, Apr 30 (PTI) Delhi-NCR ranks ninth in Asia Pacific in terms of occupancy cost for prime office space at USD 60.1 per square feet per year, according to Knight Frank India. As per Knight Frank's Asia-Pacific Prime Office Rental Index for Q1 2022 that tracks 23 cities in the region, Hong Kong SAR [...]
by PTI News | Apr 30, 2022 | 4:45 pm | Economy, News
Mumbai, Apr 30 (PTI) Seeking to address concerns over the deep haircuts taken by banks in some of the insolvency resolutions, Reserve Bank Deputy Governor M Rajeshwar Rao on Saturday said comparing the outstanding loan amounts with the value realised may not be a 'reasonable indicator' to assess the bankruptcy law's effectiveness.Admitting that there have [...]
by PTI News | Apr 30, 2022 | 4:28 pm | Economy, News
New Delhi, Apr 30 (PTI) The telecom department has exempted certain products including mobile user equipment, mobile handsets, and smart watches from the ambit of its mandatory testing `MTCTE regime', removing a regulatory overlap that existed, an official release said on Saturday. The exemptions on these widely-used products will reduce the compliance burden and will [...]
by PTI News | Apr 30, 2022 | 4:12 pm | News
Srinagar, Apr 30 (PTI) Markets in Kashmir are abuzz with activity on Saturday as people went on a shopping spree in preparation for Eid-ul Fitr, which will be celebrated early next week, to mark the culmination of Muslim fasting month of Ramzan, officials said. A good footfall of customers was seen at bakery shops, mutton [...]
by PTI News | Apr 30, 2022 | 3:54 pm | News
Jammu, Apr 30 (PTI) A prominent trade union leader along with his supporters joined the Aam Aadmi Party (AAP) at the party headquarters here on Saturday. Som Nath, accompanied by his 50 supporters, joined the AAP in presence of senior party leaders including former legislator Balwant Singh Mankotia and District Development Council (DDC) member Taranjit [...]
by PTI News | Apr 30, 2022 | 3:50 pm | Economy, News
Ahmedabad, Apr 30 (PTI) Evolving with changing scenarios will be crucial for Insolvency and Bankruptcy Code (IBC) as it could become the most potent instrument in driving proactive responsible behaviour among lenders and prove to be a boon for the economy, Minister of State for Corporate Affairs Rao Inderjit Singh said on Saturday. He was [...]
by PTI News | Apr 30, 2022 | 3:37 pm | Commodities, News
Kolkata, April 30(PTI): OPENING CLOSING SILVER RDY.(BAR) : RS.65,300.00 64,100.00 Per Kg.SILVER RDY.(PORTION) : Rs.65,400.00 64,200.00 Per Kg.GOLD (24-CARAT) RDY. : Rs.52,600.00 52,550.00 Per 10 Gms.GOLD (22-CARAT) RDY. : Rs.49,900.00 49,850.00 Per 10 Gms.HALLMARKED GOLD (22-CT) RDY. : Rs.50,650.00 50,600.00 Per 10 Gms. ---- PTI SAM
by PTI News | Apr 30, 2022 | 3:22 pm | Foreign Exchange and Rupee Price, News
New Delhi, Apr 30 (PTI) Funds worth over Rs 5,551 crore of Chinese mobile manufacturing company Xiaomi India have been "seized" for violating the Indian foreign exchange law, the Enforcement Directorate said said on Saturday.The action has been taken against Xiaomi Technology India Private Limited. The company (also called Xiaomi India) is a trader and [...]
