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Economy
NDMC made net surplus of nearly Rs 535cr in 2021-22
New Delhi- The New Delhi Municipal Council (NDMC) on Sunday said that it has made a net surplus of Rs 534.71 crore in the Financial Year (FY) 2021-22.
"The results show increased receipts on both revenue and capital accounts. The total!-->…
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India’s export touches record $418 bn in 2021-22, says Piyush Goyal
New Delhi- India's exports touched a record high of $418 billion in 2021-22, Union Commerce Minister Piyush Goyal said on Sunday.
"In March, India's exports touched around $40 billion which is itself a record as we have never bagged such!-->…
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FPIs continue selling, withdrew Rs 41,123 cr from Indian equity in March
New Delhi : Continuing the aggressive selling spree for the sixth straight month, foreign portfolio investors (FPIs) pulled out Rs 41,123 crore from the Indian equity segment in March, National Securities Depository data revealed.
The!-->…
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MSP distorts mkt prices of farm produce, planting decisions of farmers: US
New Delhi : The Centre's Minimum Support Price results in overproduction of farm produce and limited demand for imports besides distorting market prices of the produce and planting decisions among the farming community, said United States!-->…
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Vijay Kedia-backed Tejas Networks hits upper circuit for 3 straight sessions
New Delhi: Shares of ace investor Vijay Kedia-backed Tejas Networks have gathered steam as they hit the five upper circuit for three consecutive sessions in the week that ended on Friday.
Founded in 2000, the Bengaluru-headquartered!-->…
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OCL shareholders fully approve its related party transactions with Paytm Payments Bank
New Delhi: One97 Communications Limited (OCL) recently shared its postal ballot results with stock exchanges, where two resolutions were passed.
The two resolutions - approval of material related party transactions with its associate!-->…
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India’s garment export capital singed by the war in Ukraine
He said that the heavy increase in raw cotton prices had already affected the business and now the Russia-Ukraine war has taken the business to a new low.
Shanmugham, who is himself exporting to Europe, said that the market was slowly!-->…
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DERC has no jurisdiction in power allocation from CGS: MoP
New Delhi: The Delhi Electricity Regulatory Commission (DERC) has no jurisdiction in allocation of power from central generating stations by the Central government to the states, the Union Ministry of Power said on Saturday.
"The power!-->…
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Rising demand: CERC orders power exchanges to cap bid prices at Rs 12 per kWh
New Delhi : The Central Electricity Regulatory Commission (CERC) has asked the power exchanges to cap the bid price range to Rs 12 per kWh for the 'Day Ahead Market' (DAM) and 'Real Time Market' (RTM) segments.
The CERC has directed the!-->…
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SEBI extends timeline for ‘Pooling of Accounts’ to July 1
Mumbai : Markets regulator SEBI heeded to the MF industry's request and extended the timeline for 'Pooling of Accounts' to July 1, 2022, said Association of Mutual Funds in India (AMFI) on Saturday.
Accordingly, pooling of investor's!-->…
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