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RBI says sensitive to economic sanctions on Russia, no formal rupee-rouble payment platform in place yet

Mumbai, Apr 8 (PTI) The Reserve Bank is working with the government to thrash out a payment settlement solution for Indo-Russian trade, which is hit by the economic sanctions imposed on Moscow after it invaded Ukraine, but asserted that any such solution will be 'sensitive' to the prevailing economic blockade, the central bank said.RBI Governor [...]

Industry welcomes RBI move to keep policy rates unchanged

New Delhi, Apr 8 (PTI) Welcoming the RBI's move to keep the borrowing costs unchanged on Friday, India Inc said the central bank has maintained a fine balance to support growth as well as keep inflation within the target range amid geopolitical worries. The Reserve Bank of India (RBI) kept borrowing costs unchanged at a [...]

Infogain opens global delivery center in Uruguay

New Delhi, Apr 8 (PTI) Technology solutions provider Infogain on Friday announced the opening of its delivery center in Montevideo, Uruguay. The center, Infogain's seventh center globally, marks the company’s entry into Latin America and adds to its nearshore capabilities. Infogain, in a statement, said it has opened a new global delivery center in Montevideo, [...]

Govt approves scheme to distribute fortified rice under govt programmes

New Delhi, Apr 8 (PTI) The Union Cabinet on Friday approved a scheme to distribute fortified rice under government programmes in three phases, Information and Broadcasting Minister Anurag Thakur said. FCI and state agencies have already procured 88.65 LMT of fortified rice for supply and distribution. Giving details to media after the Cabinet meeting, Thakur [...]

Blue Blocks School launches first-of-its-kind Biomimicry Lab for its students

HYDERABAD, India, April 8, 2022 /PRNewswire/ -- Blue Blocks, a K-12 school in Hyderabad, inaugurated a first-of-its-kind Biomimicry Lab within the school premises to encourage primary school children to understand, experiment, and learn using nature as inspiration. Children are born nature lovers. It's nature which nurtures the young brains the most. They are born with [...]

OILSEEDS PRICES

APRIL 8, 2022 MUMBAI, (PTI) OILS (per 10 Kgs) OILS (per 10 Kgs) G.Nut Raw 1610.00 Kardi Expeller - Sesame Expeller - Sunflower Exp. 1600.00 Sunflower Exp.Ref. 1680.00 Cottonseed(Refined) 1575.00 Refined Palm Oil 1450.00 Soyabean Ref. 1495.00 Imp.Soyabean Crude - Rapeseed Ref. 1500.00 Rapeseed Exp. 1470.00 Copra white 1530.00 Rice Bran 4-7% FFA - Rice [...]

Daikin opens Institute of Manufacturing Excellence at Neemrana

New Delhi, Apr 8 (PTI) Air conditioner maker Daikin India on Friday inaugurated the Daikin Japanese Institute of Manufacturing Excellence (DJIME) at Neemrana in Rajasthan with an aim to train 1.50 lakh Indian youth by 2025. DJIME aims to offer training programmes based on a curriculum that will include on-the-job training, HVAC (Heating, ventilation, and [...]

NEWSALERT

Cabinet approves distribution of fortified rice through PDS and other govt schemes in three phases: Union minister Anurag Thakur. PTI NKD MJH CS MR

Cadila Pharma launches three-dose rabies vaccine

Ahmedabad, Apr 8 (PTI) Pharmaceutical major Cadila Pharmaceuticals on Friday announced that it has developed the world's first novel three-dose vaccine against rabies. The three-dose vaccine, named as 'ThRabis', is a recombinant nano-particle based G protein vaccine which is prepared using Virus-like Particle technology, the company said in a release, adding that the three-dose schedule [...]

Tesla holds huge by-invitation-only party to launch ‘humongous’ factory in Texas

Houston, Apr 8 (PTI) Amidst fireworks, carnival games, music and futuristic technology, multi-billionaire Tesla CEO Elon Musk threw a grand invitation-only party for some 15,000 guests at the company's new billion-dollar-plus “Gigafactory” in Austin, capital of the US state of Texas. “Cyber Rodeo at Giga Texas” was attended by invited guests and hosted by Musk [...]

RBI trims FY23 growth forecast to 7.2% amid geopolitical uncertainties

Mumbai, Apr 8 (PTI) The Reserve Bank on Friday slashed economic growth projection to 7.2 per cent for the current fiscal from 7.8 per cent estimated earlier amid volatile crude oil prices and supply chain disruptions due to the ongoing Russia-Ukraine war.However, the central bank asserted that it will use all available tools to defend [...]

PEPPER COPRA CLOSING RATE

MUM PEPPER COPRA CLOSING RATES MUMBAI, APR 8 (PTI) Mumbai :- PEPPER COPRA RATES :- BLACK PEPPER READY 560 / 620 GINGER BLEACHED -- GINGER UNBLEACHED 155 COPRA OFFICE ALAPUZHA 96000 COPRA OFFICE KOZIZODE 94000 COPRA RAJAPUR MUMBAI 18500 COPRA EDIBLE MUMBAI 12500 COCHIN COCONUT OIL ---- COCONUT OIL MUMBAI 1750 T.P ------------ PTI MUM [...]

Tea retailer Golden Tips plans to expand network through strategic partnerships

Kolkata, Apr 8 (PTI) Tea retailer Golden Tips plans to expand its footprint through the e-commerce route by entering into strategic partnerships in the country and widen its reach in export markets through distributor tie-ups overseas, an official said on Friday.The company is also focusing on broadening its presence in physical retail operations across metros [...]

NEWSALERT

Direct tax collection of Rs 14.10 lakh cr in 2021-22 is Rs 3.02 lakh cr more than budget estimate: Revenue Secretary. PTI JD ANZ ABM ABM

NEWSALERT

Direct tax collection in FY22 grew 49 pc, indirect tax collection 30 pc: Revenue Secretary. PTI JD ANZ ABM ABM

Guar seed futures decline amid ample supplies

New Delhi, Apr 8 (PTI) Guar seed prices on Friday declined by Rs 43 to Rs 6,566 per 10 quintals in futures trade. On the National Commodity and Derivatives Exchange, guar seed contracts for April delivery fell by Rs 43 or 0.65 per cent to Rs 6,566 per 10 quintals with an open interest of [...]
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