NBFC Religare Enterprises Ltd (REL) on Sunday said it has paid Rs 5.41 crore to market regulator Sebi to settle its past cases. In order to settle another legacy issue and keep REL growing as per its plans, it had submitted an application for settlement under the SEBI (Settlement Proceedings) Regulations, 2018 without admission or [...]
Bhubaneswar, Apr 24 (PTI) Mining of minerals can be made safer and more efficient by using technologies, including artificial intelligence, machine learning and the internet of things, Odisha Steel and Mines Minister Prafulla Mallik said on Sunday.Speaking at a seminar on 'Technological and Digital Advancements in Mining and Mineral Beneficiation' here, he cited examples of [...]
Indore, Apr 24 (PTI) The demand for wheat varieties like Sharbati and Kathia grown in Madhya Pradesh has shot up in the international market amid short supply from Russia and Ukraine due to the ongoing war, an official said. Madhya Pradesh State Agricultural Marketing Board's (MPSAMB) Managing Director Vikas Narwal said that the government procurement [...]
New Delhi, Apr 24 (PTI) Union Agriculture Ministry will organise a week- long nationwide campaign till April 30 at regional level to highlight the achievements made in the farm sector since independence and also create awareness about the various programmes run by the Centre for the benefits of farmers. The campaign 'Kisan Bhagidari, Prathmikta Hamari' [...]
Washington, Apr 24 (PTI) Finance Minister Nirmala Sitharaman has urged the Indian diaspora to become partners in growth of the country during the next 25 years as it attains 100 years of independence. Addressing the Indian community in the Silicon Valley, San Francisco Bay Area, she highlighted the contributions of the country people in innovation [...]
Gurugram, Apr 24 (PTI) Union Minister for Power, New and Renewable Energy R K Singh on Sunday called for a collective effort on a global level to fight the issue of carbon emissions. India has been working consistently to meet its carbon emission goals, the minister said addressing a panel discussion on solar energy here. [...]
Kolkata, Apr 24 (PTI) Papua New Guinea (PNG) will urge the Indian government to reduce the import duty on coffee, which is 110 per cent, High Commissioner of the country to India, Paulias Korni, said on Sunday.Papua New Guinea, an island nation in the southwestern Pacific Ocean, is known for producing one of the best [...]
New Delhi, Apr 24 (PTI) Exports of ceramics and glassware products touched a "record" USD 3.5 billion in 2021-22, the commerce ministry said on Sunday. It said the exports rose because of increase in shipments of ceramic tiles and sanitaryware products. India is the world's second largest manufacturer of tiles. The main items for export [...]
Manila, Apr 24 (PTI) The Asian Development Bank is considering giving a loan to a Maldivian bank, according to ADB Vice-President for Private Sector Operations and Public-Private Partnerships Ashok Lavasa.Speaking to PTI at the World Travel and Tourism Council (WTTC) Global Summit in Manila over the weekend, Lavasa said, “through that bank, we will be [...]
New Delhi, Apr 24 (PTI) Central schemes such as Pradhan Mantri Jan Dhan Yojana, Mudra Yojana and PM Kisan Samman Nidhi (PM-KISAN) have played a pivotal role in bringing a paradigm shift in governance, according to a book. Many people-centric schemes like Jan Dhan Yojana launched by the government have reached saturation level and there [...]
Chennai, Apr 24 (PTI) Food major Britannia Industries Ltd has unveiled its first ever co-created biscuit to serve Tamil Nadu market with the launch of Britannia Marie Gold Jeera, the company said on Sunday. The brand ahead of its region-specific launch has worked with various women homemakers in the state to co-create a biscuit which [...]
The BSE Sensex and the NSE Nifty halted a two-day winning streak on Friday. The markets tracked five-week lows in other Asian markets, which were in turn affected by Fed Chairman Jerome Powell's remark the US central bank will move aggressively to curb inflation bringing back fears of steep hikes in pandemic-era interest rates. Financial, [...]
New Delhi, Apr 24 (PTI) Union Agriculture Ministry will organise a campaign during April 25-30 to highlight the achievements made in the farm sector since independence and also create awareness about the various programmes run by the Centre for the benefits of farmers. The campaign 'Kisan Bhagidari, Prathmikta Hamari' is being organised under 'Azadi Ka [...]
Mumbai, Apr 24 (PTI) The Deposit Insurance and Credit Guarantee Corporation (DICGC) will be making payments to the eligible depositors of Lucknow-based Indian Mercantile Cooperative Bank on April 27, according to a notice. Depositors of Beed-based Dwarakadas Mantri Nagari Sahakari Bank will get payments on June 6. DICGC, a wholly-owned subsidiary of the RBI, provides [...]
New Delhi, Apr 24 (PTI) Monthly rentals in Delhi-NCR's high street retail locations, including Khan Market and Connaught Place, increased by up to 5.6 per cent during January-March period as compared to the previous quarter on better demand for space from retailers, according to Cushman & Wakefield. In its report 'Marketbeat Delhi-NCR Retail Q1, 2022', [...]
New Delhi, Apr 24 (PTI) India's crude oil import bill nearly doubled to USD 119 billion in the fiscal year that ended on March 31, as energy prices soared globally following the return of demand and war in Ukraine. India, the world's third biggest oil consuming and importing nation, spent USD 119.2 billion in 2021-22 [...]
Manila, Apr 24 (PTI) The Philippines Tourism Secretary Bernadette Romulo-Puyat has said that many Indian students who had flown back home during the pandemic now want to return and continue their studies in the nation of over 7,600 islands.Speaking to reporters after the World Travel and Tourism Council (WTTC) Global Summit in Manila concluded on [...]
Aurangabad, Apr 24 (PTI) Union Road Transport and Highways Minister Nitin Gadkari on Sunday said an access- controlled expressway will be constructed between Aurangabad and Pune at a cost of Rs 10,000 crore to considerably reduce the travel time between the two Maharashtra cities. Gadkari on Sunday dedicated to the nation 86 km of roads [...]
New Delhi, Apr 24 (PTI) Luxury mattress brand Springfit aims a turnover of Rs 1,000-1,200 crore in the next five years, helped by growth from domestic and exports markets, said a company official. As part of its expansion strategy, Springfit is investing to double its manufacturing capacity to meet the growing demand, expand its distribution [...]
New Delhi, Apr 24 (PTI) The Kamdhenu Group is eyeing for a brand sales turnover of Rs 22,000 crore from its steel business by financial year 2023-24, its Chairman and Managing Director (CMD) Satish Agarwal said. The Gurugram-based TMT rebars maker operates on a franchisee model in the steel segment. "Looking at the demand for [...]