New Delhi, Apr 8 (PTI) Guar gum prices on Friday fell by Rs 208 to Rs 12,888 per five quintals in futures market as traders offloaded their holdings in line with weak trend in spot market. On the National Commodity and Derivatives Exchange, guar gum for April delivery declined by Rs 208 or 1.61 per [...]
Mumbai, Apr 8 (PTI) The Reserve Bank of India (RBI) on Friday kept borrowing costs unchanged at a record low for the 11th time in a row in a bid to continue supporting economic growth despite inflation edging higher in the aftermath of Russia's war in Ukraine.RBI's six-member Monetary Policy Committee voted to hold the [...]
Nandurbar, Maharashtra, India – Business Wire India Reach Each Child programme celebrated World Health Day for a #HealthierTomorrow in Amravati and Nandurbar districts of Maharashtra. Aligned with the World Health Day theme – Our Planet, Our Health, the campaign focuses on nutrition interventions by giving mothers & children, expecting mothers, women in the village, and [...]
Indian Benchmark indices opened on a positive note today, ahead of the outcome of the Central Bank’s monetary policy. The Sensex was up 219.99 points at 59254.94, while the Nifty was up 76.60 points at 17716.10. Broadly, the markets opened in green. Axis Direct has given stock recommendations for positional trading for a duration of [...]
New Delhi, Apr 8 (PTI) Crude oil prices on Friday rose by Rs 122 to Rs 7,400 per barrel as participants widened their positions on a firm spot demand. On the Multi Commodity Exchange, crude oil for April delivery traded higher by Rs 122 or 1.68 per cent to Rs 7,400 per barrel in 5,802 [...]
Mumbai, Apr 8 (PTI) With geopolitical tensions clouding the price situation, the Reserve Bank of India (RBI) has raised the retail inflation projection for the current financial year to 5.7 per cent from earlier forecast of 4.5 per cent, though it expects moderation in prices of cereals and pulses on a likely record harvest of [...]
New Delhi, Apr 8 (PTI) The Finance Ministry on Friday said it has released the first instalment of revenue deficit grant of Rs 7,183 crore to 14 states.The grant has been released as per the recommendations of the 15th Finance Commission to Andhra Pradesh, Assam, Himachal Pradesh, Kerala, Manipur, Meghalaya, Mizoram, Nagaland, Punjab, Rajasthan, Sikkim, Tripura, [...]
New Delhi, Apr 8 (PTI) IIT Kanpur-backed startup Offgrid Energy Labs on Friday said it plans to commercially launch products with its ZincGel battery technology in India by next year.The company is seeking to enhance the battery swapping segment through its ZincGel battery technology, targetting fleets operating low-powered electric vehicles like two-wheelers and three-wheelers.The ZincGel [...]
GROWiT, a Surat-based protective farming agritech platform, has raised INR 3 crores in seed funding through a close network of investors. The round was led by Mehul Shah from IVY Growth. Other investors who joined the round are Coppermint LLP, Gaurav Singhvi (Co-founder, WFC), Rajeev Goel (Sagar Life Sciences), Sunay Shah (Mahati Electrics), Rohan Desai [...]
New Delhi, Apr 8 (PTI) More than 34.42 crore beneficiaries have received Rs 18.60 lakh crore loan under the Pradhan Mantri Mudra Yojana (PMMY) since its launch seven years ago, the Finance Ministry said on Friday.The PMMY was launched by Prime Minister Narendra Modi on April 8, 2015, for providing loans up to Rs 10 [...]
Mumbai, Apr 8 (PTI) Live video and audio calling platform Dyte has raised USD 11.6 million in seed funding from Unbound, Sequoia Capital India's Surge and Nexus Venture Partners. Dyte is a developer-friendly, real-time audio and video calling software development kit and since launch has connected half a million people across 300 cities across India, [...]
Mumbai, Maharashtra, India (NewsVoir) • NTT DATA, a top-10 global IT Services provider, currently operates payment companies in Japan, Hong Kong, Singapore, Vietnam, Malaysia and India • NTT DATA acquired majority stake in the Indian Payment Company, Atom Technologies in 2019 and now renames it to NTT DATA Payment Services India Ltd.• Post-acquisition, the company [...]
Melbourne, Apr 8 (The Conversation) Can makeup really kill you? That’s the myth attached to Maria Gunning, the Countess of Coventry, an 18th-century socialite who reportedly died from her lead-based makeup in 1760, aged just 27.In this episode of The Conversation Weekly podcast, we speak to a scientist who has recreated some centuries-old recipes for [...]
The i3 Summit by Times Bridge brings together visionary global and Indian leaders to share insights on immersing global ideas in India and scaling Indian ideas on a global stage New Delhi, Delhi, India (NewsVoir) Times Bridge, the global investment and venture arm of The Times Group, successfully concluded its first annual i3 Summit, bringing [...]
New Delhi, Apr 8 (PTI) Mercedes-Benz India on Friday reported a 26 per cent jump in sales at 4,022 units in the first quarter of 2022, riding on robust demand for both its SUVs and sedans despite the challenges of semiconductor shortage, global supply chain disruptions, and rising input and logistics costs. The company had [...]
New Delhi, Apr 8 (PTI) Automaker Kia India on Friday launched the refreshed versions of its two popular products, Seltos and Sonet, with prices starting at Rs 10.19 lakh and Rs 7.15 lakh (ex-showroom, pan India), respectively.The company said the refreshed versions come with multiple updates and additional features, such as 4 airbags as standard [...]
Dunedin, Apr 8 (The Conversation) Most people welcomed the opportunity to get vaccinated against COVID-19, yet a non-trivial minority did not. Vaccine-resistant people tend to hold strong views and assertively reject conventional medical or public health recommendations.This is puzzling to many, and the issue has become a flashpoint in several countries.It has resulted in strained [...]
New Delhi, Apr 8 (PTI) Abu Dhabi-based conglomerate International Holding Company will invest USD 2 billion in three green-focused companies in the Adani Group through preferential share allotment."IHC will invest Rs 3,850 crore in Adani Green Energy Ltd (AGEL), Rs 3,850 crore in Adani Transmission Ltd (ATL) and Rs 7,700 crore in Adani Enterprises Ltd [...]
Mumbai, Apr 8 (PTI) In a bid to improve customer service in regulated entities, the Reserve Bank of India on Friday said it will set up a panel to review and further strengthen consumer protection. "The Reserve Bank has over the years taken a number of measures to enhance consumer protection. These measures include laying [...]
Mumbai, Apr 8 (PTI) The Reserve Bank on Friday took steps towards normalisation of liquidity management to pre-pandemic levels, with the introduction of the standing deposit facility (SDF) as the basic tool to absorb excess liquidity, and narrowing the liquidity adjustment facility (LAF) to 0.50 per cent from the 0.90 per cent. Governor Shaktikanta Das [...]
