Defence Minister Rajnath Singh has met senior executives of American aerospace and defence majors Boeing and Raytheon and asked them to take advantage of policy initiatives in India to steadily march from ‘Make in India’ towards ‘Make for the World’. Singh along with External Affairs Minister S Jaishankar arrived in the US capital on Sunday [...]
New Delhi, Apr 11 (PTI) Glenmark Pharmaceuticals on Monday said its unit has received approval from the Drug Controller General of India (DCGI) to conduct phase 1 clinical trials of its novel molecule on patients with advanced solid tumors. Glenmark Specialty SA has received approval from the DCGI to conduct a Phase 1 clinical trial [...]
MUMBAI, April 11(PTI) Money Market Operations as on April 8, 2022 (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume Weighted (One Leg) Average Rate RANGE A. Overnight Segment 5,27,329.47 3.36 0.01-4.00 I. Call Money 8,556.47 3.33 2.20-3.80 II. Triparty Repo 3,95,106.85 3.34 2.11-3.90 III. Market Repo 1,23,666.15 3.43 0.01-4.00 IV. Repo in [...]
TRIVANDRUM, India, April 11, 2022 /PRNewswire/ -- Experion Technologies, a global IT solutions company enabling enterprises with future-ready digital solutions, announced that Everest Group – a leading global research firm, has positioned it as a 'Major Contender' in Digital Product Engineering Services PEAK Matrix® Assessment 2022. Experion has been recognized for its core expertise in [...]
New Delhi, Apr 10 (PTI) The World Economic Forum's 2022 annual meeting in Swiss ski resort town Davos next month is expected to be attended by over 300 public figures, including heads of state and government from across the globe, while nearly 100 business and political leaders from India are also likely to be present [...]
Kolkata, Apr 10 (PTI) The Centre has further reduced raw jute stock limit for balers and traders in a bid to increase supply of the raw material to mills at a time when major foodgrain producing states are facing a shortage for the environment-friendly packaging material, industry stakeholders said on Sunday.In a recent notification issued [...]
Most of the sectoral indices ended in the green this week. Oil & Gas, Metal, Power and FMCG gained 1-2% as we approached the closing bell on Friday. The IT sector, however, was in the red. BSE midcap and small-cap indices rose by nearly 1%. The BSE Sensex advanced and settled at 59447.18 while the [...]
Kathmandu, Apr 10 (PTI) In a rare move, the Nepal government has suspended the country’s Central Bank Governor Maha Prasad Adhikari over disagreements with Finance Minister Janardhan Sharma and for not doing enough to pull the economy from doldrums. Adhikari, the Nepal Rastra Bank (NRB) Governor, was suspended on Friday after the government formed a [...]
New Delhi, Apr 10 (PTI) Stressing that reforms are necessary for the agriculture sector, Niti Aayog member Ramesh Chand on Sunday said the repeal of three farm laws has come as a 'setback' to higher price realisation by cultivators and could be a factor in achieving the goal of doubling farmers' income by 2022. He [...]
New Delhi, Apr 10 (PTI) Differences have emerged between the lenders and the RBI-appointed administrator of debt-ridden Reliance Capital Ltd (RCL) over the resolution process of the company's different subsidiaries or clusters which are on the block, sources said. As many as 54 bids were received for the resolution of RCL and its multiple subsidiaries [...]
JSPL has plans of setting up a coal gasification plant -- the second in the country -- at its Raigarh plant in Chhattisgarh, company's MD V R Sharma said. The company is already using the coal gasification technology to produce steel at its plant in Angul, Odisha. The 2 million tonne per annum production capacity [...]
Kathmandu, Apr 10 (PTI) Nepal’s central bank has announced a ban on the import of vehicles and other luxury items, citing liquidity crunch and declining foreign exchange reserves, despite government assurances that the economy will not go into a tailspin like Sri Lanka. Nepal Rastra Bank (NRB), the country’s central bank, issued this directive last [...]
New Delhi, Apr 10 (PTI) Bengaluru-based realty firm Sobha Ltd's sales bookings rose by 23 per cent to its all-time high of Rs 3,870.2 crore during the 2021-22 financial year on higher volumes driven mainly by low-interest rates on home loans. According to a quarterly operational update, the company's sales bookings in volume terms increased [...]
London, Apr 10 (PTI) An internal inquiry has been launched into how the tax affairs of Akshata Murty, daughter of Infosys co-founder Narayana Murthy, were leaked to a newspaper, according to UK media reports on Sunday. The Whitehall investigation within UK government quarters will look into how the information about the non-domicile status of the [...]
Sydney, Apr 10 (The Conversation) The latest report from the Intergovernmental Panel on Climate Change (IPCC) — which one of us (Arunima) contributed to — has emphasised the need for enormous change if we are to keep within the 1.5 degree Celsius warming limit.This Paris Agreement goal is currently beyond our reach. Achieving it would [...]
New Delhi, Apr 10 (PTI) Stressing that reforms are necessary for the agriculture sector, Niti Aayog member Ramesh Chand on Sunday said the repeal of three farm laws has come as a 'setback' to higher price realisation by cultivators and could be a factor in achieving the goal of doubling farmers' income by 2022. He [...]
Farm sector growth to be around 3 pc in FY22; can improve in FY23 if monsoon, other conditions are favourable: Niti member Ramesh Chand. PTI BKS ABM ABM
Jerusalem, Apr 10 (PTI) Eighteen agricultural officers from seven Indian states are on a 15-day visit to Israel to learn about new innovative approaches and smart technologies in the key sector that can add more value to the farmers.The agricultural officers from Indo-Israel Centers of Excellence (CoE) are taking part in an extensive state course, [...]
Shillong, Apr 10 (PTI) Over 350 mobile towers will be set up in Meghalaya to ensure that all villages come under mobile network, officials said on Sunday. Meghalaya has 6,839 villages of which 1,164 villages are not covered by any mobile network, they said. The chief secretary recently reviewed implementation of the Universal Service Obligation [...]
Strong SIP book and lower returns from traditional investments made equity mutual funds an attractive investment destination for investors with equity-oriented funds receiving a staggering net inflow of Rs 1.64 lakh crore in 2021-22. This comes following a net outflow of Rs 25,966 crore during 2020-21, data with Association of Mutual Funds in India (Amfi) showed. [...]
