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Delhi-Mumbai expressway is expected to generate toll worth Rs 1,500 crore per month Government will get toll revenues worth Rs 1,000 to 1,500 crore every month once the much-awaited Delhi-Mumbai Expressway becomes operational in 2023, Minister for Road Transport and Highways Nitin Gadkari said on Sunday. Mr Gadkari also asserted that National Highways Authority …

India’s copper imports are on the rise despite capacity available to meet domestic demand Country’s copper imports went up by 26 per cent to reach 60,766 tonnes in the first quarter of the current financial year (2021-22). The imports were 48,105 tonnes during the corresponding period of 2020-21. According to …

Government plans to set up a research unit to back up policy decisions with well researched data The government is planning to set up a research unit within its information dissemination wing – Press Information Bureau (PIB) – through which it aims to strengthen daily content generated by official channels …

RBI’s restrictive action against Mastercard has been seen as “draconian” by a US official A senior US trade official privately criticised India’s July decision to ban Mastercard Inc from issuing new cards, calling it a “draconian” move that caused “panic”, according to US government emails seen by Reuters. The documents show frustration …

Petrol and Diesel Rates Today in Delhi, Kolkata, Chennai, Mumbai: Fuel rates remained stable Petrol, Diesel Price Today: Petrol and diesel prices remained unchanged across the four metros, for the 14th consecutive day, on Sunday, September 19, 2021. In the national capital, petrol prices were steady at Rs 101.19 per …

  The buyback program has no expiration date and may be terminated at any time Microsoft Corp on Tuesday said it will conduct an up to $60 billion share buyback program, raise its quarterly dividend by 11 per cent, and appoint company President Brad Smith as vice chair. Microsoft said …

  Vodafone Idea had cash and cash equivalents of Rs 9.2 billion at the end of June Banks led by State Bank of India (SBI) have called on the government to give debt-laden Vodafone Idea more time to clear its tax dues and spectrum fees, two bankers and a government …

Stock exchanges will have flexibility to either offer T+1 or T+2 settlement cycle for share transactions Capital markets regulator Sebi has introduced an optional T+1 (Trade day plus 1 day) settlement cycle for completion of share transactions “to enhance market liquidity.” Under the T+1 rule, stock transactions will be settled …

The rise in foreign fund inflows have led equity benchmark indices to touch record new highs. India emerged as one of the most favoured destinations for global fund managers with foreign portfolio investment (FPI) inflows into equity markets totalling Rs 2.74 lakh crore in 2020-21. The FPI equity during 1992-2020 …

At 10:35 am, Infosys shares were trading at Rs 1,685, lower by 0.4 per cent on the BSE Infosys has announced a multi-year strategic partnership with global media firm Economist Group to accelerate sustainability solutions. The partnership will “combine Infosys’ digital services and capabilities with Economist Group’s global policy research …