Govt puts gas under standard bidding route for transparent price discovery

Govt puts gas under standard bidding route for transparent price discovery

🕔21:49, 7.Oct 2020

New Delhi, Oct 7  In a big reform initiative, the government on Wednesday decided to put domestically produced gas under a standard price discovery mechanism to help scale up local production from fields of ONGC, OIL, Reliance and Vedanta and

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NITI Aayog, MNRE & Invest India Hold Symposium on Solar PV Manufacturing

NITI Aayog, MNRE & Invest India Hold Symposium on Solar PV Manufacturing

🕔21:45, 7.Oct 2020

NITI Aayog, Ministry of New and Renewable Energy (MNRE), and Invest India organized a symposium on solar PV manufacturing, “India PV Edge-2020”, on 6 October to inform the global PV industry of opportunities in India. Addressing the ‘Plenary Session’, R.K. Singh, Union Minister

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Centre mulling PM SVANidhi’s expansion by integration with banks

Centre mulling PM SVANidhi’s expansion by integration with banks

🕔15:44, 7.Oct 2020

New Delhi, Oct 7  The central government is planning to expand the Prime Minister Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) Scheme through its integration with several banks, that may include those from the private sectors too. As part of the

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Delhi air turns ‘very poor’ as stubble burning begins

Delhi air turns ‘very poor’ as stubble burning begins

🕔15:41, 7.Oct 2020

New Delhi, Oct 7  With the smoke from the burning of paddy stubble in Punjab and Haryana blowing to the national capital and its surrounding regions, the air quality of the region dipped to the ‘very poor’ category on Wednesday.

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Flipkart expands supply chain in India to meet festive demands

Flipkart expands supply chain in India to meet festive demands

🕔15:39, 7.Oct 2020

Bengaluru, Oct 7  E-commerce platform Flipkart said on Wednesday that it has added over 3.4 million square feet space across its supply chain assets including fulfilment centres, mother hubs and delivery centres throughout the country in preparation of the upcoming

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In Covid times, I-T refunds Rs 1.22L Cr to 36L taxpayers

In Covid times, I-T refunds Rs 1.22L Cr to 36L taxpayers

🕔15:38, 7.Oct 2020

New Delhi, Oct 7  In pursuance of the exercise to meet liquidity needs of taxpayers during Covid-19 pandemic, the Income Tax Department has fast tracked its tax refund process and processed 35.93 lakh cases amounting to more than Rs 1,21,607

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India data centre infra market to touch $2.8bn in 2020

India data centre infra market to touch $2.8bn in 2020

🕔15:37, 7.Oct 2020

New Delhi, Oct 7  The data centre infrastructure spending in India is expected to touch $2.8 billion, with an year over year decline of 14.4 per cent in 2020 and an estimated single digit growth in 2021, a new Gartner

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No change in petrol, diesel prices for 5th consecutive day

No change in petrol, diesel prices for 5th consecutive day

🕔15:35, 7.Oct 2020

New Delhi, Oct 7 Diesel and petrol prices remained unchanged on Wednesday with the oil marketing companies continuing to press the pause button in wake of stable global oil market. This is the fifth consecutive day when both petrol and diesel

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PM discusses wind energy sector with Vestas CEO

PM discusses wind energy sector with Vestas CEO

🕔15:33, 7.Oct 2020

New Delhi, Oct 7  Prime Minister Narendra Modi has interacted with Henrik Anderson, President and CEO, Vestas on the issues related to the wind energy sector and highlighted Indias efforts to harness renewable energy. “Had an insightful interaction with Mr.

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RAF role in humanitarian works makes India proud: Shah

RAF role in humanitarian works makes India proud: Shah

🕔13:11, 7.Oct 2020

New Delhi, Oct 7  On the occasion of the 28th anniversary of the Rapid Action Force (RAF), Union Home Minister Amit Shah on Wednesday, greeted the personnel, saying their “commitment in several humanitarian works and UN peacekeeping missions has made

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Direct tax refunds of over Rs 1.21 lakh cr issued since April

Direct tax refunds of over Rs 1.21 lakh cr issued since April

🕔13:10, 7.Oct 2020

New Delhi, Oct 7  The Central Board of Direct Taxes (CBDT) has so far issued refunds of over Rs 1.21 lakh crore to nearly 36 lakh taxpayers in the current financial year (2020-21). It has issued income tax refunds of

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IRCTC to restart operations of 2 Tejas Express trains from Oct 17

IRCTC to restart operations of 2 Tejas Express trains from Oct 17

🕔13:07, 7.Oct 2020

New Delhi, Oct 7  In a major relief to the passengers planning to travel in the Tejas Express trains, the Indian Railway Catering And Tourism Corporation Limited (IRCTC) after almost seven months is all set to restart the operation of

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Trump to resume Covid-19 relief bill talks after elections

Trump to resume Covid-19 relief bill talks after elections

🕔10:04, 7.Oct 2020

Washington, Oct 7  US President Donald Trump has said he is ending negotiations over a Covid-19 relief bill, and will only resume talks after the election. “Immediately after I win, we will pass a major Stimulus Bill that focuses on

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NY town honours Gandhi by installing statue

NY town honours Gandhi by installing statue

🕔10:03, 7.Oct 2020

New York, Oct 7 A town in New York has paid tribute to Gandhi’s global role promoting non-violence and peace by installing his bust even as memorials to the Mahatma have come under attack in some places in the US from

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Recorded devotional songs to replace singing groups in festival season

Recorded devotional songs to replace singing groups in festival season

🕔07:35, 7.Oct 2020

New Delhi, Oct 7  The Health Ministry on Tuesday issued standard operating procedures (SOPs) on preventive measures to contain spread of COVID-19 during festivities including a detailed site plan and regulation of crowds. As per the norms, feasible recorded devotional

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Dinesh Khara appointed new SBI Chairman

Dinesh Khara appointed new SBI Chairman

🕔07:34, 7.Oct 2020

New Delhi, Oct 7  The Centre on Tuesday appointed Dinesh Kumar Khara as the new Chairman of State Bank of India (SBI). Khara’s appointment comes into effect from October 7, for a period of three years. “The Central Government, hereby

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Samsung, Foxconn, Pegatron get nod for PLI-backed mobile manufacturing

Samsung, Foxconn, Pegatron get nod for PLI-backed mobile manufacturing

🕔07:32, 7.Oct 2020

New Delhi, Oct 7  The Ministry of Electronics and IT has approved the applications of Samsung, Foxconn Hon Hai, Pegatron, Rising Star and Wistron from among the international applicants for manufacturing of mobile phones in India under the government’s Production-Linked

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Tata Motors Group’s Q2FY21 global wholesales down 16%

Tata Motors Group’s Q2FY21 global wholesales down 16%

🕔07:31, 7.Oct 2020

Mumbai, Oct 7  Automobile major Tata Motors Group’s global wholesales in Q2FY21, including Jaguar Land Rover, were lower by 16 per cent on a YoY basis. Its global wholesales declined to 2,02,873 units, lower by 16 per cent as compared

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Banks have to mandatorily issue AT-1 bonds on electronic platform

Banks have to mandatorily issue AT-1 bonds on electronic platform

🕔07:30, 7.Oct 2020

Mumbai, Oct 7  The Securities and Exchange Board of India (SEBI) has made it mandatory for banks to issue Additional Tier-1 bonds on the ‘Electronic Book Provider’ platform irrespective of issue size. The securities market regulator on Tuesday released the

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ADIA to invest Rs 5,512 cr in Reliance Retail Ventures; RRVL raises Rs 37k cr

ADIA to invest Rs 5,512 cr in Reliance Retail Ventures; RRVL raises Rs 37k cr

🕔07:29, 7.Oct 2020

New Delhi, Oct 7  Reliance Industries Limited and Reliance Retail Ventures Limited (RRVL) announced on Tuesday that a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA) will invest Rs 5,512.50 crore into RRVL, a subsidiary of Reliance Industries. This

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