Slowdown enters oil track: Oil consumption, imports decline

Slowdown enters oil track: Oil consumption, imports decline

🕔23:46, 6.Aug 2019

New Delhi, Aug 6 (IANS) The oil sector seems to be latest addition to the list of sectors facing stress due to the ongoing economic slowdown. For the first time in many months, both oil demand and imports have witnessed a

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Sushma Swaraj, Former Foreign Minister and BJP Stalwart, Passes Away at 67 After Heart Attack

Sushma Swaraj, Former Foreign Minister and BJP Stalwart, Passes Away at 67 After Heart Attack

🕔23:26, 6.Aug 2019

New Delhi, Aug 6  Former External Affairs Minister Sushma Swaraj died at the AIIMS here on Tuesday night following cardiac arrest, hospital sources said. She was 67. The veteran BJP leader was brought to AIIMS in a critical condition after

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Proposed NSE IFSC-SGX Connect receives regulatory approvals

Proposed NSE IFSC-SGX Connect receives regulatory approvals

🕔23:10, 6.Aug 2019

Mumbai, Aug 6 (IANS) The National Stock Exchange of India (NSE) and the Singapore Exchange (SGX) on Tuesday said their joint proposal for an International Financial Service Centre (IFSC) at Gujarat International Finance Tec-City (GIFT) has received regulatory dispensations. The joint

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RIL, BP in pact for retailing motor, aviation fuels

RIL, BP in pact for retailing motor, aviation fuels

🕔23:09, 6.Aug 2019

Mumbai, Aug 6 (IANS) Reliance Industries (RIL) and British energy major BP on Tuesday announced a joint venture for expansion of motor and aviation fuels retail business. RIL will hold 51 per cent and BP 49 per cent stake in the

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Urban Indians to contribute 75% of GDP by 2030 : Report

Urban Indians to contribute 75% of GDP by 2030 : Report

🕔23:07, 6.Aug 2019

New Delhi, Aug 6 (IANS) Contribution of the urban population towards India’s gross domestic product (GDP) is likely to reach 75 per cent by 2030, according to a joint report by CBRE and CREDAI here on Tuesday. “By 2030, India’s urban

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‘FPI tax relief this week via grandfathering clause’

‘FPI tax relief this week via grandfathering clause’

🕔23:06, 6.Aug 2019

New Delhi, Aug 6 (IANS) With the Centre cancelling the operation of constitutional Article 370 on Jammu and Kashmir, the government will shift focus to addressing some of the immediate concerns of the economy, according to official sources. First on the

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Odisha government clears projects worth Rs 1,036.39 cr

Odisha government clears projects worth Rs 1,036.39 cr

🕔23:03, 6.Aug 2019

Bhubaneswar, Aug 6 (IANS) The Odisha government on Tuesday approved seven investment proposals with an investment of Rs 1036.39 crore, which will create employment opportunities for 2,778 persons. The State Level Single Window Clearance Authority (SLSWCA) held under the chairmanship of

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Performance of NLC India Ltd (Standalone) for the Quarter ended 30th June, 2019

Performance of NLC India Ltd (Standalone) for the Quarter ended 30th June, 2019

🕔20:11, 6.Aug 2019

During the Quarter the power generation and power sale was 5059.11 MU and 4305.91 MU respectively compared to 4883.91 MU and 4111.89 MU in the corresponding quarter of the previous year registering a growth of 3.59% in power generation and

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REC Declares Its Quarterly Financial Results For Q1 FY

REC Declares Its Quarterly Financial Results For Q1 FY

🕔19:32, 6.Aug 2019

Interest income INCREASES BY 22% to Rs. 6,972 crore for Q1 fy20 LOAN BOOK GROWS BY 20% TO Rs. 2.91 lakh CRORE  New Delhi, 6th August 2019: The Board of Directors of REC Limited (formerly Rural Electrification Corporation Limited) approved

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106 central laws to be applied to UT of J&K

106 central laws to be applied to UT of J&K

🕔19:26, 6.Aug 2019

New Delhi, Aug 6  The Centre has technically read down the Article 370 in the Constitution. Article 35A has been scrapped by suspension of the 1954 presidential order and all the provisions of the Constitution are now applicable to Jammu

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RIL, BP in pact for retailing motor, aviation fuels

RIL, BP in pact for retailing motor, aviation fuels

🕔19:23, 6.Aug 2019

Mumbai, Aug 6  Reliance Industries (RIL) and British energy major BP on Tuesday announced a joint venture for expansion of motor and aviation fuels retail business. RIL will hold 51 per cent and BP 49 per cent stake in the

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Himachal seeks central funds for airport, rail expansion

Himachal seeks central funds for airport, rail expansion

🕔19:21, 6.Aug 2019

New Delhi, Aug 6  Himachal Pradesh Chief Minister Jai Ram Thakur met 15th Finance Commission Chairman N.K. Singh here on Tuesday and discussed state’s priorities and need for funds for upgradation of airport connectivity infrastructure and railway expansion. Thakur also

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Tourist arrivals in Kerala grow by 14% in second quarter

Tourist arrivals in Kerala grow by 14% in second quarter

🕔19:20, 6.Aug 2019

Thiruvananthapuram, Aug 6  Tourist arrivals in Kerala in the second quarter of 2019 has grown by 14.81 per cent as against the figures of the corresponding period in the previous year, Kerala Tourism said on Tuesday. Figures released by Kerala

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Samsung to launch Galaxy Note10 devices in India on Aug 20

Samsung to launch Galaxy Note10 devices in India on Aug 20

🕔19:16, 6.Aug 2019

New York, Aug 6  Samsung Electronics, which is set to unveil two Galaxy Note devices — Galaxy Note 10 and Galaxy Note10+ — here on Wednesday, would bring the new Note family to India on August 20. The handsets that

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J&K: India talks tough, tells China to mind its own business

J&K: India talks tough, tells China to mind its own business

🕔19:14, 6.Aug 2019

New Delhi, Aug 6  India on Tuesday firmly told China that creating a new union territory of Ladakh is its own internal matter, after Beijing termed the move as “unacceptable”. New Delhi also said that it does not comment on

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Goyal, Bangladesh Railway Minister agree on more cooperation

Goyal, Bangladesh Railway Minister agree on more cooperation

🕔19:12, 6.Aug 2019

New Delhi, Aug 6 Railway Minister Piyush Goyal on Tuesday met his Bangladesh counterpart M. Nurul Islam Sujan ahead of the upcoming visit to Prime Minister Sheikh Hasina to India and said that the two governments will work closely in the

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Chandrayaan-2 orbit successfully raised for fifth time

Chandrayaan-2 orbit successfully raised for fifth time

🕔19:10, 6.Aug 2019

Chennai, Aug 6  The Indian space agency on Tuesday successfully raised Chandrayaan-2’s orbit for fifth time at 3.04 p.m. According to Indian Space Research Organisation (ISRO), the orbit of Chandrayaan-2 was raised to an orbit of 276×142,975 km by firing

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PNB Housing Finance raises fresh Rs 522 cr via ECB route

PNB Housing Finance raises fresh Rs 522 cr via ECB route

🕔19:08, 6.Aug 2019

New Delhi, Aug 6  PNB Housing Finance Limited (PNBHFL) has raised fresh $75 million (Rs 522 crore) via external commercial borrowing (ECB) from Sumitomo Mitsui Banking Corporation (SMBC) Singapore. The company had last month raised $100 million via ECB from

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AI augmentation to power $2.9 trillion of business value in 2021

AI augmentation to power $2.9 trillion of business value in 2021

🕔18:58, 6.Aug 2019

San Francisco, Aug 6  Artificial intelligence (AI) augmentation will create $2.9 trillion of business value and 6.2 billion hours of worker productivity globally in 2021, according to a forecast by Gartner. Augmented intelligence refers to a human-centred partnership model of

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Ministry to issue norms this week for NBFC asset buy scheme

Ministry to issue norms this week for NBFC asset buy scheme

🕔18:55, 6.Aug 2019

New Delhi, Aug 6  The Department of Financial Services (DFS) will issue the norms for the one-time partial credit guarantee scheme for public sector banks (PSBs) to purchase high-rated pooled assets of financially sound non-banking finance companies (NBFCs), a senior

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