by PTI News | Apr 12, 2022 | 12:57 am | News
Kolkata, Apr 11 (PTI) West Bengal accounts for 10.4 per cent of the total MFI loan portfolio in the country after Tamil Nadu at 12.4 per cent, as per a new report.It said the MFI segment created huge small entrepreneurship in the state, covering eight million women, mostly from the underprivileged segment of the society.The [...]
by PTI News | Apr 12, 2022 | 12:13 am | Economy, News
Kolkata, Apr 11 (PTI) West Bengal Chief Minister Mamata Banerjee on Monday said the unprecedented economic crisis in Sri Lanka will impact India, where businessmen and industrialists are “isolated” and “disturbed”.She said corporates should be allowed to invest in the country for its sound economic health."Do you there will be no effect of the situation [...]
by PTI News | Apr 11, 2022 | 10:56 pm | Economy, News
New Delhi, Apr 11 (PTI) Setting the stage for the rollout of 5G services, telecom regulator Trai on Monday mooted a mega auction plan valued at over Rs 7.5 lakh crore at the base price across multiple bands for radiowaves allocated over 30 years. Overall, the Telecom Regulatory Authority of India (TRAI) recommended about a [...]
by PTI News | Apr 11, 2022 | 10:41 pm | Economy, News
New Delhi, Apr 11 (PTI) Dairy cooperative GCMMF, which markets products under the Amul brand, on Monday said alternatives to plastic straws are 3-4 times costlier and not effective, adding that such straws do not even account for 0.1 per cent of total plastic consumption. The government has decided to ban plastic straws that are [...]
by PTI News | Apr 11, 2022 | 10:22 pm | News
Jammu, Apr 11 (PTI) Jammu and Kashmir Lieutenant Governor Manoj Sinha on Monday launched a portal aimed at providing real-time information about job opportunities available for the youth in the region. The portal -- AVSAR -- under 'Connect to Opportunities Initiative' by Mission Youth aims at providing more than 10,000 jobs in 2022. As part [...]
by PTI News | Apr 11, 2022 | 9:50 pm | Economy, News
Kathmandu, Apr 11 (PTI) Nepal’s main opposition party CPN-UML has claimed that the country’s economy will deteriorate further in the coming days if effective measures are not taken immediately by the government.The claim was made by three former finance ministers of Nepal-- Bishnu Paudel, Surendra Pandey and Dr Yubaraj Khatiwada-- belonging to party Communist Party [...]
by PTI News | Apr 11, 2022 | 9:43 pm | Commodities, Economy, News
Mumbai, Apr 11 (PTI) People from middle income group purchase more gold and prefer to have the yellow metal in the physical form, a report said on Monday. The Gold and Gold Markets 2022 report by India Gold Policy Centre (IGPC) also said that people in the higher income group are interested in having the [...]
by PTI News | Apr 11, 2022 | 9:43 pm | Company Results, News
Mumbai, Apr 11 (PTI) Tata Consultancy Services (TCS) on Monday reported a 7.4 per cent increase in its March quarter net profit to Rs 9,926 crore as profit margins narrowed, but the country's largest software exporter sounded confident about the new fiscal on positive business momentum.For FY22, the net profit jumped 14.8 per cent to [...]
by PTI News | Apr 11, 2022 | 9:43 pm | Company Results, News
Mumbai, Apr 11 (PTI) Tata Consultancy Services (TCS) on Monday reported a 7.4 per cent increase in its March quarter net profit to Rs 9,926 crore as profit margins narrowed, but the country's largest software exporter sounded confident about the new fiscal on positive business momentum.For FY22, the net profit jumped 14.8 per cent to [...]
by PTI News | Apr 11, 2022 | 9:43 pm | Commodities, Economy, News
Mumbai, Apr 11 (PTI) People from middle income group purchase more gold and prefer to have the yellow metal in the physical form, a report said on Monday. The Gold and Gold Markets 2022 report by India Gold Policy Centre (IGPC) also said that people in the higher income group are interested in having the [...]
by PTI News | Apr 11, 2022 | 9:43 pm | Company Results, News
Mumbai, Apr 11 (PTI) Tata Consultancy Services (TCS) on Monday reported a 7.4 per cent increase in its March quarter net profit to Rs 9,926 crore as profit margins narrowed, but the country's largest software exporter sounded confident about the new fiscal on positive business momentum.For FY22, the net profit jumped 14.8 per cent to [...]
by PTI News | Apr 11, 2022 | 9:43 pm | Commodities, Economy, News
Mumbai, Apr 11 (PTI) People from middle income group purchase more gold and prefer to have the yellow metal in the physical form, a report said on Monday. The Gold and Gold Markets 2022 report by India Gold Policy Centre (IGPC) also said that people in the higher income group are interested in having the [...]
by PTI News | Apr 11, 2022 | 9:43 pm | Company Results, News
Mumbai, Apr 11 (PTI) Tata Consultancy Services (TCS) on Monday reported a 7.4 per cent increase in its March quarter net profit to Rs 9,926 crore as profit margins narrowed, but the country's largest software exporter sounded confident about the new fiscal on positive business momentum.For FY22, the net profit jumped 14.8 per cent to [...]
by PTI News | Apr 11, 2022 | 9:41 pm | Economy, News
Gandhinagar, Apr 11 (PTI) India is on its way to become a global energy superpower in terms of consumption and production, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said here on Monday. Addressing the passing-out students of Pandit Deendayal Energy University virtually, Puri said though India had the resources, exploration and production [...]
by PTI News | Apr 11, 2022 | 9:41 pm | News
New Delhi, Apr 11 (PTI) Telecom regulator Trai on Monday recommended about 39 per cent reduction in the reserve or floor price for the sale of spectrum for mobile services, including the latest 5G offering, as it looked to match revenue expectations with the industry's paying capacity. With large swathes of spectrum remaining unsold in [...]
by PTI News | Apr 11, 2022 | 9:41 pm | News
New Delhi, Apr 11 (PTI) Telecom regulator Trai on Monday recommended about 39 per cent reduction in the reserve or floor price for the sale of spectrum for mobile services, including the latest 5G offering, as it looked to match revenue expectations with the industry's paying capacity. With large swathes of spectrum remaining unsold in [...]
by PTI News | Apr 11, 2022 | 9:07 pm | News
New Delhi, Apr 11 (PTI) The average time taken for customs clearance of imports has come down by 16 per cent at air cargo complexes and by 12 per cent across seaports, a CBIC study showed on Monday. The National Time Release Study 2022 presents the annual report of cargo clearance process through four categories [...]
by PTI News | Apr 11, 2022 | 9:03 pm | News
New Delhi, Apr 11 (PTI) State-owned Central Bank of India on Monday said the government has nominated Hardik Mukesh Sheth to its board with immediate effect. Sheth, a director at the Department of Financial Services, has been appointed as the government nominee in place of Bhushan Kumar Sinha with immediate effect and until further orders, [...]
by PTI News | Apr 11, 2022 | 8:57 pm | Economy, News
Colombo, Apr 11 (PTI) Sri Lanka’s embattled Prime Minister Mahinda Rajapaksa on Monday said that his government was confident of overcoming the unprecedented economic crisis in the same way it crushed the LTTE over a decade ago. In a televised address to the nation, Mahinda, who is under growing pressure to quit due to the [...]
by PTI News | Apr 11, 2022 | 8:53 pm | News
New Delhi, Apr 11 (PTI) Coal and Mines minister Pralhad Joshi will chair a meeting of the governing body of the National Mineral Exploration Trust (NMET) on Wednesday. The fourth governing body meeting of the trust will examine and finalise crucial policy decisions regarding financial incentives to the state governments to carry out mineral exploration [...]