Business
Sensex plummets over 1,400 pts in morning trade; financial stocks tank
Agencies -
Mumbai: Equity benchmark Sensex tumbled over 1,400 points in the morning session on Monday, dragged by massive losses in financial stocks amid concerns over spiking COVID-19 cases in the country.After touching a low of 48,580.80, the 30-share BSE index...
Business
France, EU reach outline of deal on Air France rescue package
Agencies -
Paris: Paris has reached an agreement in principle with the European Commission on a financial support package for the Air France flag carrier, hit hard by the coronavirus crisis, French Minister of the Economy and Finance Bruno Le Maire...
Business
TRAI considers survey to assess if tariff plans meet customer needs
Agencies -
New Delhi: Telecom regulator TRAI is planning to conduct a consumer-facing survey to assess if tariff plans offered by operators are meeting actual requirements of varied categories of users, a top official said.Telecom Regulatory Authority of India (TRAI) may...
Business
Driving two-wheeler industry recovery in Q4, Honda sells total 411,037 units in March ’21
Kolkata: Building on the demand momentum despite renewed COVID challenges, Honda Motorcycle & Scooter India Pvt. Ltd. closed March 2021 on a positive note.Honda’s domestic sales in the month of March grew from 245,716 units last year to 395,037...
Business
India to grow over 10 pc in fiscal 2021-22, but growth uneven, says World Bank
UNI -
New Delhi: India is expected to grow more than 10 per cent in the fiscal year 2021-22, the World Bank said on Wednesday, making a substantial upward revision of 4.7 percentage points from its January forecast.The development lender said...
Business
Pakistan to import cotton, yarn, sugar from India
UNI -
New Delhi: Pakistan on Wednesday allowed the private sector to import 0.5 million tonnes of white sugar from India, Finance Minister Hammad Azhar said, ending a near two-year ban on their import from the neighbouring country.The country will also...
Business
Egypt loses some $14mln a day over Suez Canal blockage – Waterway Administration
Agencies -
Cairo: Egypt is losing some $14 million per day due to the Suez Canal blockage as efforts to refloat the stranded container mega-ship continue, the head of the waterway authority told the national eXtra news channel."We are talking roughly...
Business
Lux Industries plans Greenfield expansion with capex of Rs 110 crore
Kolkata: Lux Industries Limited, one of India’s largest hosiery producers and exporters, has announced that its Board of Directors has approved a greenfield expansion plan attuned to INR 110 crores.The company has already identified a land parcel measuring the...
Business
Sitharaman launches Mobile Apps for a corporate and investor-friendly ecosystem
New Delhi: Finance and Corporate Affairs Minister Nirmala Sitharaman on Thursday launched two tech-enabled initiatives of the corporate affairs ministry to create a corporate and investor-friendly ecosystem and strengthen Prime Minister Narendra Modi's vision of a digitally-empowered India."Digital India...
Business
Lok Sabha passes Finance Bill, 2021
New Delhi: The Lok Sabha on Tuesday passed the all important Finance Bill, 2021 by voice vote.Replying to the debate on the Bill to give effect to the financial proposals of the Central Government for the financial year 2021-22...
Latest News
Manipur King calls for return of ‘lost territory’, Congress counters with historical facts
Imphal: Manipur’s Titular King, Maharaja Sanajaoba Leishemba, has urged the Indian government to explore the possibility of reclaiming Kabaw...