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Home  Business

Business

Govt to work with RBI for execution of bank privatisation plan: Sitharaman

Govt to work with RBI for execution of bank privatisation plan: Sitharaman

  • Reliance buys two-thirds of gas from KG-D6

    The auction was held under the liberalised price discovery rules notified by the government that allowed affiliates of the gas producer to bid and buy natural gas.
  • Apple may discontinue iPhone 12 mini in Q2 this year: Report

    Yang lowered the production volume of iPhone 12 and iPhone 12 mini by 9 million units and 11 million units, respectively, reports AppleInsider.
  • Consolidation in public sector oil firms may be back on table in FY22

    Petroleum had been included in the strategic sector as it ensures energy security for the country.
  • About a quarter of direct tax litigations getting resolved via VsV

    As many as 1,25,144 cases have so far opted for the Vivad se Vishwas (VsV) Scheme
  • Lower customs duty on gold to curb smuggling, benefit retail jewellers

    According to the report, the erstwhile duty structure gave incentives for gold smuggling into India.
  • BHEL reports Rs 217 crore loss in December quarter

    The consolidated net profit of the firm was Rs 161.81 crore in the quarter ended on December 31, 2019, a BSE filing stated.
  • JK Cement Ltd Q3 net profit up 74.8 per cent

    The company had posted a profit of Rs 124.29 crore in the October-December period a year ago, JK Cement said in a regulatory filing.
  • GAIL puts West Bengal on India’s gas-map

    The 348-kilometer pipeline from Dobhi in Bihar to Durgapur in West Bengal is part of the Pradhan Mantri Urja Ganga project to take environment-friendly natural gas
  • Divi’s Laboratories Q3 net profit up 31 per cent

    The company had posted a net profit of Rs 359.09 crore for the corresponding period of the previous fiscal
  • Four more states complete ease of doing business reforms

    With this, these states have become eligible to mobilise additional financial resources and have been granted permission to raise additional Rs 5,034 crore through Open Market Borrowings.
  • ONGC cuts carbon intensity by over 12 per cent in 5 years: Chairman

    He called the platform to "engage and contribute to achieving sustainable development goals (SDGs) for people, planet, progress and peace."
  • Nabard disburses Rs 16,500 crore under RIDF in first 10 months of FY21

    The RIDF, which was set up in 1995, is a dedicated fund to create social assets in rural India.
  • PNB to raise Rs 3,200 crore from share sale this quarter

    The bank had taken approval for raising Rs 14,000 crore through a mix of equity and debt.
  • Amazon loses bid to stop union vote at US warehouse

    Amazon appealed last month to prevent a mail-in vote by the warehouse workers on whether to join the Retail, Wholesale and Department Store Union.
  • AR/VR spending to reach $28.8 bn in Asia-Pacific in 2024: IDC

    Commercial segment surpassed consumer AR/VR spending last year and will continue to account for a larger share of the spending
  • Apple smartphone sales share in US up by almost one-third

    The December US smartphone sales were in-line with December 2019. offsetting significant YoY declines by almost all major vendors, except Samsung.
  • Call for Bharat Ratna award: Ratan Tata requests to stop social media campaign

    He was reacting to various users on Twitter lauding him for his contributions, especially in inspiring the youth with #BharatRatnaForRatanTata trending. 
  • RBI projects GDP growth rate of 10.5% for FY22

    With regard to inflation, RBI Governor Shaktikanta Das said vegetable prices are expected to remain soft in the near term
  • Demand and supply of affordable housing to rise

    The proposed amendments to allow debt funding through REITs would help in attracting more investments
  • Economic growth will only move upwards: Shaktikanta Das

    The projection is in line with the estimates in the Union Budget 2021-22 presented in Parliament earlier this week.
  • Three offers received for PMC Bank resolution, says RBI Governor

    "I have been informed that three final offers have been received. I am given to understand that the PMC Bank itself is evaluating the offers," the RBI governor told
  • One nation one ombudsman: Reserve Bank of India

    The move is intended to make the process of redress of grievances easier by enabling the customers of the banks
  • RBI to restore cash reserve ratio in two phases to 4 per cent

    To help banks tide over the disruption caused by COVID-19, the CRR of all banks was reduced by 100 basis points to 3.0 per cent of net demand and time liabilities (NDTL)
  • ‘RBI internal panel working on model of central bank’s digital currency’

    The government last week moved to ban private cryptocurrencies.
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