Business
Sony Sports Network extends its partnership with UEFA
Mumbai: Sony Sports Network, has extended its collaboration with Union of European Football Associations (UEFA), the governing body of football in Europe.As part of the deal, the broadcaster has acquired the exclusive media rights for all the UEFA National...
Business
Several OPEC+ states, including Russia to cut oil production
UNI -
Moscow: The OPEC+ Joint Ministerial Monitoring Committee (JMMC) reaffirmed on Monday its commitment to the current terms of the deal and indicated that an additional voluntary reduction in the production of a number of alliance countries together with Russia...
Business
Saudi Arabia to cut oil output by 500,000 bpd from May
Riyadh: Saudi Arabia will voluntarily cut its oil output by 500,000 barrels per day, starting May through the end of 2023, in coordination with other OPEC+ countries and on top of the reduction agreed on in October 2022, the...
Business
IMF says approves new 48-month funding of $15.6 bn for Ukraine
UNI -
Washington: The Executive Board of the International Monetary Fund (IMF) said on Friday that it approved a new 48-month funding arrangement for Ukraine worth $15.6 billion.“The Executive Board of the International Monetary Fund (IMF) approved today a 48‑month extended...
Business
India, Malaysia can now settle their trade in Indian Rupee
New Delhi: India and Malaysia can now settle their trade in Indian Rupee (INR) in addition to the current modes of settlement in other currencies, the government announced on Saturday.This follows the decision by the Reserve Bank of India...
Business
Prices of cooking gas cylinders slashed by Rs 92
New Delhi: The oil marketing companies on Saturday slashed prices of cooking gas cylinders about Rs 92 per cylinder.The reduced prices are effective from Saturday.According to a price notification of Indian Oil Corporation, now a 19 kg Indane commercial...
Business
ADB, Bank of Maldives sign USD 41 mln financing package
UNI -
Manila: The Asian Development Bank (ADB) signed a 41 million U.S. dollars financing package with the Bank of Maldives Plc (BML) on Tuesday to support locally owned small and medium-sized enterprises (SMEs) and tourism companies in Maldives.As the sole...
Business
Ambit Finvest partners with Bajaj Finserv Direct to launch D2C digital lending platform
Mumbai: Ambit Finvest Private Limited, the Non-Banking Financial Company (NBFC) of the Ambit Group, has partnered with SKALEUP, the digital technology services arm of Bajaj Finserv Direct Limited, a subsidiary of Bajaj Finserv Limited, to develop a D2C Mobile...
Business
Zinc Oxide Manufacturer JG Chemicals gets Sebi’s nod to raise funds for IPO
Kolkata:City based Zinc Oxide manufacturer, JG Chemicals Ltd has received final observation from the capital markets regulator, Securities and Exchange Board of India (SEBI), to raise funds through an initial public offering (IPO).The company had filed preliminary IPO papers...
Business
Chinese Commerce Minister, Apple CEO discuss US tech giant’s future in China
UNI -
Beijing: Chinese Commerce Minister Wang Wentao met with Apple's CEO Tim Cook in Beijing on Monday and discussed the development of the US technology giant in China, the Commerce Ministry said.Wang said that China was ready to provide good...
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Inter-State Youth Exchange Programme 2025 commences in Meghalaya
Shillong:Â The Nehru Yuva Kendra Sangathan (NYKS), under the Ministry of Youth Affairs & Sports, Government of India, organised...