NALCO posted a standalone profit of Rs 935.64 crore in the quarter ended March 2021 The domestic stock markets are likely to have a subdued opening due to mixed global cues. The Nasdaq and S&P 500 hit all-time highs on Monday fueled by tech stocks as investors expect a …
Read More »Petrol, Diesel Prices Hiked Upto 35 Paise On Tuesday. Petrol Nears Rs 100 In Chennai
Fuel Prices: Domestic petrol and diesel prices vary across states due to value added tax (VAT). Petrol, Diesel Price Today: Petrol and diesel prices are unchanged across the metros on Tuesday, June 29, according to data from the Indian Oil Corporation (IOC). In the national capital, petrol prices have …
Read More »Rs 1 Lakh Loan Guarantee To Tourist Guides, Free Visas To Revive Tourism
Finance Minister Nirmala Sitharaman on Monday said that in order to revive tourism in the country it will provide financial support to more than 11,000 registered tourist guides and travel and tourism stakeholders. “Under new Loan Guarantee Scheme for COVID Affected Sectors, working capital/personal loans will be provided to …
Read More »Centre Allots Additional Rs 19,041 Crore to BharatNet Project
Government has released additional funds for BharatNet project The Government on Monday announced that an additional amount of Rs 19,041 crore is being provided for the BharatNet project, which is aimed at providing broadband connectivity to 2.5 lakh panchayats across the country. With this, the total outlay for the …
Read More »Nifty Slips Below 15,850 Dragged By Reliance Industries, TCS
Equity benchmark Sensex tumbled 189 points on Monday led by losses in index heavyweights Reliance Industries, TCS and HDFC amid a negative trend in global markets. After touching a lifetime high of 53,126.73 in opening session, the 30-share BSE index ended 189.45 points or 0.36 per cent lower at …
Read More »Centre Announces Rs 1.5 Lakh Crore For Emergency Credit Line Guarantee Scheme
Centre has announced additional Rs 1.5 lakh crore for emergency credit line guarantee scheme The Centre on Monday announced an additional Rs 1.5 lakh crore for emergency credit line guarantee scheme (ECLGS), which will facilitate loans through micro finance institutions to 25 lakh persons. Finance Minister Nirmala Sitharaman said while announcing the …
Read More »Nirmala Sitharaman says announcing new economic relief measures, steps to boost growth
The finance minister Nirmala Sitharaman has announced a Rs 1.1 lakh crore loan guarantee scheme for COVID-affected sectors to boost growth at a time when the economy has been ravaged by the second wave of the coronavirus pandemic. It may be recollected that the governement has announced several measures …
Read More »FM Nirmala Sitharaman LIVE Updates: Nirmala Sitharaman Announcements On Economic Relief Measures: Check Updates
Union Finance Minister Nirmala Sithraman is likely to announce some relief measures Finance minister Nirmala Sitharaman will address a press conference at 3 pm on Monday, June 28, and is expected to announce some economic relief measures for all those sectors affected by the second wave of the COVID-19 pandemic in …
Read More »India’s Reserves Should Help Fight Volatility From Any Us Monetary Tightening
India’s $600 billion in reserves should help it fight market volatility from any US monetary tightening, but analysts and traders warn a slowing economy and an expanding fiscal deficit still make it particularly vulnerable to capital flight. Asia’s third-largest economy has bad memories of past attempts by the Federal …
Read More »RBI Launches Consumer Confidence Survey For July 2021
RBI has launched its consumer confidence survey for July 2021 The Reserve Bank of India (RBI) has announced its Consumer Confidence Survey for July 2021, through which it will seek responses from households on the overall economic situation prevailing in the country and the employment situation. According to a …
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