Chennai Kanyakumari industrial corridor is a part of the East Coast economic corridor Tamil Nadu Industrial Corridor: The Asian Development Bank (ADB) and the central government signed a $484 million loan in order to improve the transport connectivity and facilitate the industrial development in Chennai–Kanyakumari Industrial Corridor or CKIC in Tamil …
Read More »Stocks To Watch In Trade In Today’s Session (June 17, 2021): Wipro, SBI, KEC International, CESC
State Bank of India’s central board will meet on June 21 to consider raising Additional Tier 1 capital The domestic stock markets are likely to open in the red, going by indications from SGX Nifty. Trends on SGX Nifty indicate a negative opening for the index in India, with a …
Read More »Petrol, Diesel Prices Unchanged On Thursday. Petrol Above Rs 96 In Delhi Check Prices Here
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 four metros on Thursday, June 17, according to Indian Oil Corporation. In Delhi, the petrol prices are steady at Rs 96.66 per litre and …
Read More »Rising Inflation May Force RBI To Focus on Price Stability, Says SBI Report
SBI has said in its report that RBI will have to intervene if inflation goes on rising As retail inflation reached a six-month high of 6.30 per cent in May 2021, the State Bank of India (SBI) in a report has noted that localised lockdowns, rising food prices and the …
Read More »Power Finance Gains 2% After Reporting Rs 8,444 Crore Profit In March Quarter
Shares of Power Finance Corporation were last trading 1.06 per cent higher at Rs 129.15 on the BSE. Share price of Power Finance Corporation edged higher by one per cent on Wednesday, June 16, a day after the company reported its January-March quarter results for the financial year 2020-21. On …
Read More »Government Says Only PAN, Aadhar Needed For Registering Small Businesses
Government has announced simplification of small units registration process The Government has said that only Permanent Account Number (PAN) and Aadhar card will be required for registration of micro, small and medium enterprises (MSMEs), a measure which is expected to boost the sector, as simplification of the registration process will …
Read More »After $6 Billion Loss In Stock Value, Adani CFO’s Explanation
After witnessing dip in stock valuation to the tune of $6 billion on Monday shares in companies controlled by billionaire Gautam Adani fell on Wednesday as well despite rejecting media reports that three foreign investor funds that own stocks had been frozen. The Economic Times on Monday reported that three …
Read More »Sensex, Nifty At Day’s Lows; Hindalco, Tata Steel Top Losers
KIMS Hospitals IPO and Dodla Dairy IPO have opened for trading today The domestic markets extended the losses in noon trading amid volatililty, due to weakness in index heavyweight Reliance Industries and metal stocks. At 1:10 pm, the BSE Sensex was trading at 52,537.05, lower by 237.95 points or 0.45 …
Read More »Finance Ministry To Meet Infosys To Remove Glitches In Income Tax Website
Several complaints have been received about the new e-filing portal of Income Tax Department To address several technical issues and glitches being faced by users in the new portal of the Income Tax department, the Finance Ministry will hold a meeting with Infosys which is vendor for the website, on …
Read More »Domestic Fuel Sales Recover As Lockdown Restrictions Ease In India
Petrol, diesel sales in India picked up after easing of Covid restrictions. Domestic fuel sales by refiners recovered in the first half of June, as India, the world’s third-largest oil consumer started easing lockdown restrictions, though were still lower than year-ago levels, preliminary data showed on Wednesday. Gasoline sales during …
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