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Economy
No dues owed by BSES Rajdhani, BSES Yamuna to NTPC
New Delhi: The national capital's two main power distribution companies, BSES Rajdhani Power Limited (BRPL) and BSES Yamuna Power Limited (BYPL), have no dues owed to the National Thermal Power Corporation (NTPC).
The information was!-->…
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80L tourists visited Kashmir in past few months: Manoj Sinha
Srinagar: Jammu and Kashmir Lt Governor Manoj Sinha said on Saturday that Kashmir is witnessing a golden period on the tourism front as 80 lakh tourists have visited the Valley in the past few months alone, breaking the record of past 20!-->…
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Strong dollar dents India’s foreign reserves, forex down by over $11 bn
Mumbai: Global currency fluctuations, due to a rise in US dollar strength, depleted India's foreign reserve by over $11.173 billion during the week that ended on April 1.
The foreign currency assets (FCAs), the largest component of the!-->…
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Breaking 3-day losing streak, indices rise as RBI keeps rates, stance unchanged
New Delhi: After sliding for three consecutive sessions, Indian equity indices settled high on Friday as Reserve Bank of India's Monetary Policy Committee (MPC) kept policy rates unchanged, besides retaining "accomodative" stance.
The!-->…
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Equity MFs’ net inflows rose to over Rs 28K cr in March
Mumbai : India's equity-linked mutual fund schemes saw sequential growth in net inflows in March, showed the data furnished by the Association of Mutual Funds in India (AMFI) on Friday.
The net inflows into equity and equity-linked!-->…
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FY22 tax collection exceeds budgetary estimate, rises to over Rs 27 lakh cr
New Delhi : Accelerated economic recovery along with enhanced compliance pushed India's FY22 tax collection to Rs 27.07 lakh crore, almost Rs 5 lakh crore above the Union budget's estimate of Rs 22.17 lakh crore.
Accordingly, the current!-->…
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Ferrero recalls Kinder chocolates in US, Europe, Asia over salmonella fear, India excluded
New Delhi : Italian chocolate and confectionery products company Ferrero has voluntarily withdrawn some of its Kinder chocolates from markets in the US and several European and Asian countries over a potential salmonella contamination.!-->…
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ICICI Securities picks RIL, TCS, Axis Bank among preferred stocks
New Delhi : Brokerage house ICICI Securities, in its Weekly Market Outlook, has picked shares of large-cap companies such as Reliance Industries (RIL), TCS, Axis Bank, Asian Paints, Bajaj Finance, Tata Motors, Tata Steel, ITC as preferred!-->…
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PSUs to be provided one-time window to surrender non-operational coal mines
New Delhi : The Centre will provide a one-time window to the Central and state PSUs to surrender non-operational coal mines without penalty, according to a decision taken by the Cabinet Committee on Economic Affairs (CCEA).
Accordingly,!-->…
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NetApp to acquire Cloud open source database provider Instaclustr
San Francisco: Leading Cloud firm NetApp is acquiring Instaclustr, that operates open source databases in the cloud, for an undisclosed sum.
Modern Cloud applications rely on a growing set of foundational services including multiple!-->…
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