New Delhi, Apr 1 (PTI) CNG price in the national capital on Friday was hiked by 80 paise per kg, while piped cooking gas rates were increased by a steep Rs 5 per cubic metre on the back of the government raising input natural gas prices to record levels. CNG price in the National Capital [...]
New Delhi, Apr 1 (PTI) Power trading solutions provider PTC India on Friday said it has registered a record trade volume of 87,450 million units in 2021-22, which was 9.25 per cent higher than the pervious year. "PTC clocked a record volume of 87,450 million units of energy during the FY22. Even in challenging times [...]
New Delhi, Apr 1 (PTI) S Raju has taken over as the Director General of Geological Survey of India (GSI), the Ministry of Mines said on Friday. He succeeds R S Garkhal who superannuated on Thursday. "Prior to assuming the present post, Raju was holding the post of Additional Director General and National Head, Mission-III [...]
New Delhi, Apr 1 (PTI) Industry body Amfi has prescribed a new benchmarking system for mutual funds for each of their schemes in a bid to standardize and bring uniformity in the benchmarks. It has listed out first-tier benchmarks for 67 types of mutual fund schemes. This includes categories of debt, equity, hybrid and solution-oriented [...]
New Delhi, Apr 1 (PTI) Kansai Nerolac Paints Ltd on Friday said its Executive Director Anuj Jain has been elevated as the managing director of the company. Jain succeeds H M Bharuka, vice chairman and managing director, who has been spearheading the firm for the last 21 years, Kansai Nerolac Paints said in a statement. [...]
New Delhi, Apr 1 (PTI) A consumer disputes redressal commission here has directed the Indian Railway to pay Rs one lakh to a senior citizen, who was not given a berth despite having a reservation. The south district consumer disputes redressal commission, Delhi, directed the General Manager of East Central Railway to pay the amount [...]
Bhubaneswar, Apr 1 (PTI) Coal India subsidiary Mahanadi Coalfields Ltd clocked a record production of over 168 million tonne in the 2021-22 financial year, registering a growth of around 14 per cent over the previous fiscal, an official said on Friday.The Odisha-based miner dispatched 176.17 mt of coal to its consumers, with a 21 per [...]
Mumbai, Apr 1 (PTI) In view of improvement in the pandemic situation, the Reserve Bank on Friday decided to reduce the Ways and Means Advances (WMA) for states and Union Territories to Rs 47,010 crore from Rs 51,560 crore. WMA are temporary advances given by the RBI to the government to tide over any mismatch [...]
Kochi, Apr 1 (PTI) Ambassador of the Dominican Republic to India, David Puig, on Friday visited the Infopark here as part of his Kerala tour to learn more about the educational and technological advancements in the state. During his visit, Puig interacted with John M Thomas, the CEO of Kerala State IT Parks, and representatives [...]
Bhubaneswar, Apr 1 (PTI) Foreign Made Foreign Liquor (FMFL) and Wine will become cheaper in Odisha as the state government has reduced excise duty on these products in its new Excise Policy for the year 2022-23. In order to reduce disparity in MRP with neighbouring states and also to promote high quality FMFL and low [...]
New Delhi, Apr 1 (PTI) Indian exporters from over 6,000 broad sectors, including textiles, leather, furniture, jewellery and machinery, will get duty free access in the Australian market immediately after the interim trade agreement between the two countries comes into force, according to government sources. The economic cooperation and trade agreement will be signed by [...]
Chennai, Apr 1 (PTI) Chennai and Kamarajar Ports have jointly handled 87.3 million metric tonnes of cargo traffic in financial year 2021-22 registering a growth of 25.8 per cent, according to a top official. Chennai Port handled 48.56 million metric tonnes (MMT) of cargo while 38.74 MMT was taken up by Kamarajar Port registering an [...]
New Delhi, Apr 1 (PTI) Trade to Russia and the Commonwealth of Independent States (CIS) countries has been affected due to the Ukraine crisis and shipping lines are not accepting goods for Russian ports, Parliament was informed on Friday. In a written reply in the Lok Sabha, Union Minister for Ports, Shipping and Waterways Sarbananda [...]
New Delhi, Apr 1 (PTI) State-owned Power Grid Corporation of India (PGCIL) has transferred its remaining 26 per cent stake shareholding in Powergrid Vizag Transmission Ltd to infrastructure investment trust PGlnvlT for a consideration of about Rs 330 crore. Also, the company has relinquished its right of additional revenue in its subsidiaries in favour of [...]
New Delhi, Apr 1 (PTI) TVS Motor Company on Friday reported a 5 per cent decline in total sales to 3,07,954 units in March. The company had posted a total sales of 3,22,643 units in the same month last year, TVS Motor Company said in a statement. Total sales of two-wheeler were lower at 2,92,918 [...]
New Delhi, Apr 1 (PTI) The government on Friday said that India has secured a leadership position in ITU's Council Standing Committee on Administration and Management with the appointment of an Indian officer as vice chairperson of the international body. International Telecommunication Union (ITU) is the United Nations specialised agency for information and communication. Aprajita [...]
Agartala, Apr 1 (PTI) The Tripura government has decided to provide interest-free loans to unemployed youths for raising economically viable ventures, Information and Cultural Affairs (ICA) minister Sushanta Chowdhury said on Friday. It has been often noticed that youths had raised their ventures after taking loans from banks or private players at exorbitant interest rates. [...]
New Delhi, Apr 1 (PTI) The finance ministry has notified new income tax return forms which, among other things, will seek additional information with regard to overseas retirement benefits and interest accrual on provident fund deposits exceeding Rs 2.5 lakh a year. The Central Board of Direct Taxes (CBDT) has notified the forms ITR-1 to [...]
Chennai, Apr 1 (PTI) The India-Australia relationship is at an all-time high and the scale of the cooperation between the two countries has grown swiftly since the agreement of Comprehensive Strategic Partnership in 2020, the Australian Trade and Investment Commission said on Friday. The summit held in March this year between Prime Ministers Scott Morrison [...]
New Delhi, Apr 1 (PTI) Debt-ridden Future Retail Ltd (FRL) on Friday said it has missed the due date for repayment of Rs 5,322.32 crore to lenders on account of the ongoing litigations with e-commerce major Amazon and other related issues. Last year, FRL had entered into a One Time Restructuring (OTR) scheme for COVID-hit [...]
