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Home  Business

Business

Cairn case: FinMin asks PSU banks to be on high alert

Cairn case: FinMin asks PSU banks to be on high alert

  • India to see $210 million daily output loss in Q1: S&P

    Initial shock relays through the economy via various channels - labour markets weaker, household incomes lower.
  • India tops vehicle imports into South Africa despite Covid-19

    India has been established by several global brands as a production hub for entry-level and small vehicles
  • MEIL to produce 35 lakh litres of medical oxygen per day

    Hyderabad firm to collaborate with DRDO to construct 40 oxygen generation plants which can generate about 1,000 litres of oxygen per minute
  • Singapore offers foreign worker levy rebate to labour shortage companies

    The companies that would get the advantage of an increase in foreign workers' levy rebate are from the sectors of construction, marine shipyard, and process (CMP) sectors.
  • D-Mart’s profit jumps 52.6pc in Q4

    The company had posted a net profit of Rs 271.28 crore in the January-March quarter a year ago
  • Vivo V21 5G: Stylish yet powerful mid-range phone

    The smartphone comes in two storage variants, 8GB+128GB and 8GB+256GB, priced at Rs 29,990 and Rs 32,990, respectively.
  • Reliance Power posts Rs 73 crore profit in March quarter

    Total expenses including fuel and finance costs came down to Rs 1,648 crore from Rs 2,334 crore in Q4 FY20.
  • TASK, Yashoda Hospitals to spread awareness on Covid safety measures

    The second wave of the Covid pandemic is at its peak in the country and needs collaborative effort to tackle it.
  • HDFC consolidated net profit up 31pc at Rs 5,669 cr in Mar quarter

    New Delhi: Mortgage lender HDFC Ltd on Friday reported a 31 per cent jump in consolidated net profit at Rs 5,669 crore for the last quarter of the financial year ended March 2021. It had posted net profit of Rs 4,342 crore in the same quarter of fiscal year 2019-20. Total income on the consolidated basis […]
  • India to breach fiscal deficit target in FY22: Fitch Solutions

    The government is targeting a deficit between revenue it earns and what it spends at 6.8 per cent of the gross domestic product (GDP) in FY22 (April 2021 to March 2022).
  • WhatsApp scraps May 15 deadline for accepting privacy policy terms

    WhatsApp had faced severe backlash over user concerns that data was being shared with parent company Facebook.
  • ISB’s Jumpstart India programme organises final conclave

    The conclave focused on student teams and researchers who had contributed to diverse research projects spread across the country, presented the progress of their respective pursuits, thereby developing frameworks.
  • Rs 50K cr on-tap term liquidity facility opened to ease access to emergency health services

    Banks desirous of deploying their own resources without availing funds from the RBI under the scheme for lending to the specified segments mentioned above will also be eligible for the incentives.
  • GMR Hyderabad Air Cargo enhancing Covid vaccine handling capability

    Hyderabad is set to be the single largest concentration of Covid-19 vaccine manufacturing capacities globally
  • Drop in some food prices will push CPI inflation down to 4.0% in April

    The CPI inflation data for April is expected to be released by the statistics ministry on May 12.
  • FIIs turn net buyers of software & services, real estate stocks

    Automobiles and components stocks witnessed an outflow of $125 million, followed by $101 million worth of selling in diversified financial stocks.
  • Covid crisis poses economic risk in Q1 FY22; ‘muted impact’ likely: FinMin

    Rural demand indicators like tractor sales recorded a growth of 172 per cent and 36 per cent compared to a low base in March 2020 and even the pre-Covid month of March 2019 respectively.
  • Demand momentum for jewellery continued in Q1

    This sharp growth was due to robust consumer demand and stocking up ahead of upcoming festivals including Akshaya Tritiya in May 2021.
  • JSW Steel & JFE Steel propose Grain Oriented Electrical Steel Sheet Manufacturing JV

    The plan is to complete the study within the current 2021 fiscal year and take appropriate steps to set up this JV company subject to requisite approvals.
  • Rupee rises 18 paise to 73.60 against US dollar in early trade

    The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.10 per cent to 90.86.
  • Samsung to share more royalty-free techs with smaller firms

    Smaller firms will be able to capitalise on Samsung's 505 cases of technologies without paying royalties, including 213 mobile and 68 semiconductor patents, the Ministry of Trade, Industry, and Energy said.
  • Sensex rallies over 400 points in early trade; Nifty tops 14,800

    IndusInd Bank was the top gainer in the Sensex pack and rose over 2 per cent, followed by M&M, NTPC, HDFC Bank, SBI, TCS, Asian Paints and Reliance Industries.
  • Gold demand in electronics sector logs double-digit growth

    Each of the major electronics fabrication hubs worldwide recorded an increase in gold demand, says WGC
  • Sebi panel suggests framework for onboarding social enterprises on SSE

    The Securities and Exchange Board of India (Sebi) has sought comments from public till June 20 on the report.
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