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Shares of IRFC settled 1.78 per cent lower at Rs 24.85 apiece on the BSE Share price of Indian Railway Finance Corporation (IRFC) edged lower by more than one per cent on Wednesday, June 30, after the public-sector enterprise announced its January-March quarter results for the financial year 2020-21. On Wednesday, IRFC …

In a bid to empower MSME entrepreneurs, Indian Bank recently launched its flagship business mentoring program ‘MSME Prerana’ in Maharashtra, which is set to begin in Nagpur, followed by other major cities in the state. Nitin Gadkari, Minister of MSME and Road, Transport, and Highway launched the program, according to a …

Non-food bank credit growth in May 2021 fell compared to May 2020 Non-food bank credit growth decelerated and stood at 5.9 per cent in May 2021 as compared to 6.1 per cent in May 2020, according to data released by the Reserve Bank of India (RBI) on Wednesday. Non-food credit …

Retail inflation for industrial workers rose slightly in May 2021 There was a slight increase in retail inflation for industrial workers in May 2021, as it went up to 5.24 per cent from 5.14 per cent in April 2021 as per the all India consumer price index for industrial workers. …

Despite COVID, net foreign direct investment inflows at $44 billion were higher in FY21 India reported a current account surplus of 0.9 per cent of GDP in the pandemic-hit FY21, as against a deficit of 0.9 per cent in FY20, data released by the RBI showed on Wednesday. The country’s …

May Infrastructure Output: The output of core sectors grew by 16.8 per cent Infrastructure Output in May 2021: The output of eight core infrastructure sectors rose to 16.8 per cent in May 2021, compared to last year, according to government data on Wednesday, June 30. The infrastructure output, which comprises eight core sectors such …

The Union Cabinet on Wednesday approved the Rs 6.29 lakh crore stimulus for pandemic-hit sectors Two days after Finance Minister Nirmala Sitharaman announced the Rs 6.29 lakh crore relief package for Coronavirus pandemic affected sectors, the Union Cabinet on Wednesday gave its approval for it. Information and Broadcasting Minister Prakash …

Shares of Bharti Airtel were last trading 0.33 per cent higher at Rs 526.60 on the BSE. Share price of Bharti Airtel edged marginally higher on Wednesday, June 30, a day after Sunil Mittal-led Bharti Group announced that it will invest an additional Rs 3,700 crore into OneWeb, to become its largest …

The Cabinet on Wednesday approved public private partnership mode for the rollout of BharatNet project for broadband services in villages in 16 states with viability gap funding of Rs 19,041 crore, Telecom Minister Ravi Shankar Prasad said. He said the total expense will be Rs 29,430 crore to cover around …

Asia’s fast-growing economies are struggling with weak domestic demand amid COVID Asia’s once fast-growing economies are struggling with weak domestic demand that is keeping a lid on inflation in contrast to some developed markets, heightening the chance many central banks will forgo interest rate hikes this year. For investors and …