Households expect inflation to remain elevated: Survey

Households expect inflation to remain elevated: Survey

🕔07:03, 12.Oct 2020

Mumbai, Oct 12  Households expect inflation to remain elevated over the next one year, as per a survey by the Reserve Bank of India (RBI). The ‘Inflation Expectations Survey of Households’, however, noted that the respondents’ perception of current inflation

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Rate cut transmission improved since April: RBI Report

Rate cut transmission improved since April: RBI Report

🕔07:01, 12.Oct 2020

Mumbai, Oct 12  The transmission of policy repo rate changes to deposit and lending rates have improved since April, said a report by the Reserve Bank of India. The Monetary Policy Report for October 2020 noted that the decline in

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Visit of Minister of Petroleum and Natural Gas to Kuwait

Visit of Minister of Petroleum and Natural Gas to Kuwait

🕔19:09, 11.Oct 2020

October 11, 2020: Minister of Petroleum & Natural Gas Shri Dharmendra Pradhan will be visiting Kuwait on 11-12 October 2020 to offer condolences on behalf of the Government of India to the Kuwaiti leadership on the sad demise of His

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Goyal holds talks with auto industry players, aims for 20% modal share by 2021-22

Goyal holds talks with auto industry players, aims for 20% modal share by 2021-22

🕔09:45, 11.Oct 2020

New Delhi, Oct 11  In a bid to achieve a modal share of automobile loading to 20 per cent by the end of 2021-22, and a modal share of 30 per cent by 2023-24, Union Railways and Commerce and Industry

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SpiceJet operates maiden charter flight to Georgia

SpiceJet operates maiden charter flight to Georgia

🕔09:44, 11.Oct 2020

New Delhi, Oct 11  Budget airline SpiceJet on Saturday operated its maiden charter flight to Georgia flying 176 students from Chennai to Tbilisi. Accordingly, the airline will operate another charter flight to Georgia from Kochi on Sunday for 174 Indian

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Cess reduction to benefit upstream oil and gas companies

Cess reduction to benefit upstream oil and gas companies

🕔09:43, 11.Oct 2020

New Delhi, Oct 11  Ratings agency India Ratings and Research has opined that a cess reduction on oil and gas sector is likely to benefit upstream firms such as Oil and Natural Gas Corporation and Oil India. “Together, these developments

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Russian nuclear power major Rosatom enters energy storage business

Russian nuclear power major Rosatom enters energy storage business

🕔09:42, 11.Oct 2020

Chennai, Oct 11  Russia’s integrated nuclear power major Rosatom has floated a new subsidiary RENERA to develop and market lithium-ion traction batteries for electric vehicles and energy storage systems, the company said. According to Rosatom, the newly incorporated RENERA will

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Quakes hit Manipur, Mizoram; no damage reported

Quakes hit Manipur, Mizoram; no damage reported

🕔09:40, 11.Oct 2020

Imphal/Aizawl, Oct 11  Big and moderate earthquakes hit Manipur and Mizoram on Saturday, causing panic among people, officials said. According to the Disaster Management officials of the two northeastern states, no report of loss of life or damage to property

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Soon, single-ticket system to facilitate tourism in Varanasi

Soon, single-ticket system to facilitate tourism in Varanasi

🕔15:14, 10.Oct 2020

Varanasi, Oct 10  The Uttar Pradesh tourism department is preparing to give a better experience to tourists in Varanasi during the pandemic. All the venues where entry is allowed only after purchasing their tickets, will now be accessed with just

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India warns against Pakistan’s attempts to disrupt Non-Aligned Movement

India warns against Pakistan’s attempts to disrupt Non-Aligned Movement

🕔15:11, 10.Oct 2020

United Nations, Oct 10 Calling out Pakistan’s attempts to disrupt the Non-Aligned Movement (NAM), India has warned that it will slide to irrelevance and be shut out of global decision-making if attempts were made to divide it by venting bilateral grievances.

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Bank credit offtake remained poor in Apr-Sep: RBI report

Bank credit offtake remained poor in Apr-Sep: RBI report

🕔15:09, 10.Oct 2020

Mumbai, Oct 10  Although the banks remain flush with liquidity and interest rates lowered significantly, credit offtake from banks was very low and “anaemic” during the first half of the current financial year (2020-21). The low credit offtake can be

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No change in petrol, diesel prices for over a week now

No change in petrol, diesel prices for over a week now

🕔15:08, 10.Oct 2020

New Delhi, Oct 10  Fuel consumers did not face any change in petrol and diesel prices for the entire week as stable global oil prices ensured that oil marketing companies did not need to go for a revision. Diesel price

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Flipkart introduces 45-day paid festive internship for students

Flipkart introduces 45-day paid festive internship for students

🕔15:07, 10.Oct 2020

Bengaluru, Oct 10  Ecommerce marketplace Flipkart on Saturday brought back its paid internship programme Launchpad for undergraduate students from tier-II cities and beyond to work in its supply chain ahead of the festive season and the Big Billion Days sale.

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Despite odds, fund raising via equity issues jumps 28% in Apr-Sep

Despite odds, fund raising via equity issues jumps 28% in Apr-Sep

🕔15:05, 10.Oct 2020

Mumbai, Oct 10  The pandemic may have brought economic activities to a standstill but fund raising through public and rights of issue of equities increased nearly 28 per cent to Rs 76,830 crore during the first half of financial year

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On National Day, Taiwan sends strong message against Chinese aggression

On National Day, Taiwan sends strong message against Chinese aggression

🕔15:04, 10.Oct 2020

New Delhi/Taipei, Oct 10  In a strong message to Bejing, Taiwanese President Tsai Ing-wen on the National Day celebrations on Saturday said that Taiwan will play an active role in establishing new regional and international order in the face of

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PM Modi commends IFS officers for services to the nation

PM Modi commends IFS officers for services to the nation

🕔08:08, 10.Oct 2020

New Delhi, Oct 10  : Prime Minister Narendra Modi commended Indian Foreign Service (IFS) officers on IFS day for furthering India’s national interests globally. The IFS is the corps of Indian civil servants who serve in the ministry of external

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Railways taps solar energy to power stations in Karnataka

Railways taps solar energy to power stations in Karnataka

🕔08:07, 10.Oct 2020

Hubli, Oct 10 The South Western Railway (SWR) has installed solar panels on the roof of its stations, terraces of its buildings and at level-crossing gates across Karnataka to harness renewable energy for its power needs, an official said on Friday.

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OIL begins seismic survey in Andaman offshore after 3 decades

OIL begins seismic survey in Andaman offshore after 3 decades

🕔08:02, 10.Oct 2020

Guwahati, Oct 10  State-owned Oil India Ltd (OIL) has resumed its operations off the Andaman Islands after almost three decades, an official said on Friday. An OIL official said that India’s 2nd largest national ‘Navratna’ company, in terms of total

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I&B Min steps in as TV channels fight allegations of fixing TRPs

I&B Min steps in as TV channels fight allegations of fixing TRPs

🕔20:12, 9.Oct 2020

New Delhi, Oct 9  Amid the heated TV news wars after the sensational revelation where the Mumbai Police claimed to have busted a major scam of manipulation of TRP (Television Rating Point) data by at least three TV channels and

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RBI gives liquidity boost but retains lending rates, gives optimistic outlook

RBI gives liquidity boost but retains lending rates, gives optimistic outlook

🕔20:10, 9.Oct 2020

Mumbai, Oct 9  The Reserve Bank made an expected move by retaining key lending rates, but cheered investors and home buyers by giving a liquidity boost and an optimistic outlook. The central bank’s Monetary Policy Committee, in its penultimate meet

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