by PTI News | Apr 27, 2022 | 8:32 pm | News
New Delhi, Apr 27 (PTI) The government on Wednesday approved a subsidy of Rs 60,939.23 crore for phosphatic and potassic fertilisers, including DAP, for the first six months of this fiscal as part of efforts to provide soil nutrients to farmers at an affordable price. The Union Cabinet, chaired by Prime Minister Narendra Modi, approved [...]
by PTI News | Apr 27, 2022 | 8:31 pm | Economy, News
New Delhi, Apr 27 (PTI) Union Minister Narayan Rane on Wednesday said he will take up the suggestion of MSME associations to raise the turnover limit for classifying 'small' enterprises to Rs 100 crore with the prime minister and the finance ministry. As per the existing classification of MSMEs, a unit is categorised as a [...]
by PTI News | Apr 27, 2022 | 7:53 pm | Economy, News
Kathmandu, Apr 27 (PTI) Nepal has formally banned the import of cars and other luxurious goods, including whisky and tobacco and have introduced two public holidays, citing a liquidity crunch and declining foreign exchange reserves, despite government assurances that the economy will not go into a tailspin like Sri Lanka.Since July 2021, Nepal has seen [...]
by PTI News | Apr 27, 2022 | 7:42 pm | News
Washington, Apr 27 (PTI) Finance Minister Nirmala Sitharaman has said that in an interconnected world, sanctions can have unintended consequences, and India is trying to work through them.Economic sanctions imposed on Russia by the US and European Union following the invasion of Ukraine in February this year have led to a fall in bilateral trade [...]
by PTI News | Apr 27, 2022 | 7:27 pm | News
New Delhi, Apr 27(PTI) Delhi government think-tank DDC on Wednesday mooted the idea of setting up cloud kitchen clusters in industrial areas providing them various operational benefits, said an official statement. Addressing a stakeholders' meet, Dialogue and Development Commission(DDC) Vice Chairman Jasmine Shah said the Delhi government is very hopeful about the growth potential of [...]
by PTI News | Apr 27, 2022 | 7:22 pm | Commodities, IPO, News
Mumbai, Apr 27 (PTI) The government on Wednesday said the share sale of LIC has been trimmed to Rs 20,557 crore to "right-size" it so as not to crowd out capital inflow to the market given the present constrained sentiment, and insisted that the issue is value accretive for all, especially for retail investors. Announcing [...]
by PTI News | Apr 27, 2022 | 7:03 pm | News
Mumbai, Apr 27 (PTI) Two-wheeler maker Hero MotoCorp on Wednesday said it has partnered with the Directorate of Indian Army Veterans and has handed over its retro-fitted Destini 125 scooters to the soldiers who were disabled while in service. These retro-fitted scooters -- supported by two auxiliary wheels in the rear -- have been customised [...]
by PTI News | Apr 27, 2022 | 7:00 pm | Company Results, News
New Delhi, Apr 27 (PTI) Bajaj Auto on Wednesday said its consolidated net profit declined by 2 per cent to Rs 1,526 crore in the fourth quarter ended on March 31, 2022, on account of lower sales in both domestic and export markets. The company's total two-wheeler and commercial vehicle sales declined by 17 per [...]
by PTI News | Apr 27, 2022 | 6:53 pm | Economy, News
Agartala, Apr 27 (PTI) The North Eastern Council (NEC) has sanctioned Rs. 2.03 crore for the modernisation of Brahmakunda tea estate in West Tripura district, Tripura Tea Development Corporation (TTDC) chairman Santosh Saha said.The state government had sent three proposals to the NEC for the modernisation of Durgabari tea estate and Brahmakunda tea estate and [...]
by PTI News | Apr 27, 2022 | 6:51 pm | News
New Delhi, Apr 27 (PTI) FMCG major Hindustan Unilever Ltd on Wednesday reported a 5.34 per cent increase in its consolidated net profit to Rs 2,307 crore for the fourth quarter ended in March 2022 despite flat volume growth due to unprecedented inflation. Moreover, HUL has now become a Rs 50,000 crore turnover company and [...]
by PTI News | Apr 27, 2022 | 6:36 pm | News
Pursuing higher education abroad is a dream for millions of students. However, it is a difficult choice for both students and parents to Study Abroad or not. GoToUniversity addresses these dilemmas by listing five important factors to keep in mind while deciding your study program and university. 1. Eligibility & Requirements: A lot of students [...]
by PTI News | Apr 27, 2022 | 6:30 pm | News
INRC 2022- Round 1 – South India Rally New Delhi - April 27, 2022: The 45th South India Rally, organised by the Madras Motor Sports Club, was held at the MMRT circuit in Sriperumbudur, about 35 kms from Chennai, from April 22 to 24. This event was also the first round of the FMSCI Indian [...]
by PTI News | Apr 27, 2022 | 6:28 pm | Corporate Action, News
New Delhi, Apr 27 (PTI) State-owned Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) have bagged two licenses each for retailing CNG to automobiles and piped cooking gas to households in the latest bid round, regulator PNGRB said on Wednesday.Seven companies had put in 21 bids for city gas licences in five [...]
by PTI News | Apr 27, 2022 | 6:17 pm | News
TOKYO, Apr. 27 2022 /Kyodo JBN-AsiaNet/ -- Nippon Express (India) Private Limited (hereinafter "NX India"), a company of the Nippon Express Holdings, Inc. group, has recently completed construction of a school building on the premises of the Government Kannada Boys Model School as part of its long-standing commitment to CSR activities. The building was donated [...]
by PTI News | Apr 27, 2022 | 6:12 pm | News
Jaipur, Apr 27 (PTI) The Rajasthan government will organise the 'Invest Rajasthan-2022' summit in October to attract investments in the state. Industries Minister Shakuntala Rawat has expressed hope that this conference will attract investment of more than Rs 10 lakh crore across the state.Rawat on Wednesday held a review meeting with the departmental officers at [...]
by PTI News | Apr 27, 2022 | 6:10 pm | Economy, News
New Delhi, Apr 27 (PTI) The Union Cabinet on Wednesday approved an additional funding of Rs 820 crore for India Post Payments Bank (IPPB) that will be utilised for expansion of its services to all post offices in the country. Briefing the media, Union Minister Anurag Thakur said that out of the little over 1.56 [...]
by PTI News | Apr 27, 2022 | 6:05 pm | News
• Glenmark won the ' Indian Pharma Innovation of the Year' award for the second year in a row.• Glenmark was also adjudged runners-up in the 'India Pharma CSR of the Year' category.• The prestigious award was conferred by the Department of Pharmaceuticals (DoP), Ministry of Chemicals & Fertilizers.• The Award recognizes Glenmark's multiple patents [...]
by PTI News | Apr 27, 2022 | 5:57 pm | Corporate Action, News
New Delhi, Apr 27 (PTI) State-owned Oil and Natural Gas Corporation (ONGC) on Wednesday said it has signed a pact with Norwegian energy giant Equinor ASA for collaboration in oil and gas exploration and production as well as clean energy projects.The memorandum of understanding (MoU) was inked on April 26, the company said in a [...]
by PTI News | Apr 27, 2022 | 5:50 pm | Corporate Action, News
New Delhi, Apr 27 (PTI) Shares of Bajaj Finance on Wednesday tumbled over 7 per cent even after the company reported its highest-ever consolidated net profit for the quarter ended March. The stock tanked 7.24 per cent to end at Rs 6,716.65 on the BSE. During the day, it plunged 7.60 per cent to Rs [...]
by PTI News | Apr 27, 2022 | 5:50 pm | Company Results, News
New Delhi, Apr 27 (PTI) Bajaj Allianz Life Insurance Company has registered over a 34 per cent rise in its gross written premium to Rs 16,127 crore in fiscal 2022.The life insurer had reported a gross written premium of Rs 12,025 crore in FY2021.The company's renewal premium witnessed a growth of 22.4 per cent in [...]
