BUSINESS

India’s overall exports (Merchandise and Services combined) in April-December2020-21* are estimated to be USD 348.49Billion, exhibiting a negative growth of (-)12.65per cent over the same period last year. Overall imports in April-December 2020-21* are estimated to be USD 343.27Billion, exhibiting a negative growth of (-) 25.86per cent over the same …

Minister of Steel and Petroleum and Natural Gas Dharmendra Pradhan today addressed a webinar on “New opportunities for steel in construction and infrastructure”, organized by Indian Steel Association. Pradhan speaking on the occasion exhorted the steel industry leaders to focus on making the industry export-centric and fulfill global requirements too. …

Prime Minister Narendra Modi will flag off eight trains connecting different regions of the country to Kevadiya on 17th January, 2021 at 11 AM via video conferencing. These trains will facilitate seamless connectivity to the Statue of Unity. Prime Minister will also inaugurate several other projects related to the Railways …

Tamil Nadu has become the 11th State in the country to successfully undertake “One Nation One Ration Card system” reform stipulated by the Department of Expenditure, Ministry of Finance. Thus, the State has become eligible to mobilise additional financial resources of Rs.4,813 crore through Open Market Borrowings. Permission for the same …

Udaipur.  Bharti Airtel (“Airtel”), India’s premier communications solutions provider, is stepping up initiatives to accelerate the digital transformation of Micro, Small and Medium Enterprises (MSME) in India by partnering with National Small Industries Corporation (NSIC), A Government of India Enterprise having its mission “to promote and support MSME sector by providing …

RRIL is locked at upper circuit limit of Rs. 10.37, up by 0.20 points or 1.97% from its previous closing of Rs. 10.17 on the BSE. The scrip opened at Rs. 10.37 and has touched a high and low of Rs. 10.37 and Rs. 10.37 respectively. So far 38790 shares …

Indian Railway has started the New Year by achieving a landmark achievement by drastically enhancing the maximum speed to 130 kmph for 1,280 km length out of 1,612 Km in Golden Quadrilateral – Golden Diagonal (GQ-GD) route.This covers the entire GQ-GD route over South Central Railway, except Vijayawada – Duvvada …

The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation has released the First Advance Estimates of National Income at both Constant (2011-12) and Current Prices, for the financial year 2020-21 along with the corresponding estimates of expenditure components of the Gross Domestic Product (GDP). 2.  The First Advance …

Recognising their critical contribution in supporting the economy especially during the present difficult times of COVID-19 pandemic, Central Board of Indirect Taxes & Customs (CBIC) has taken a new initiative to introduce its flagship “Liberalised MSME AEO Package” for Micro Small and Medium Enterprises (MSMEs). In order to attract MSMEs …

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification No.113/2020-Customs(N.T.), dated 17thDecember, 2020 except as respects things done or omitted to be done before such supersession, the Central Board of Indirect Taxes and Customs hereby determines that …

National Aluminium Company is currently trading at Rs. 49.40, up by 1.30 points or 2.70% from its previous closing of Rs. 48.10 on the BSE. The scrip opened at Rs. 48.70 and has touched a high and low of Rs. 49.50 and Rs. 48.70 respectively. So far 48893 shares were …

Ministry of Railways has decided to extend the time limit beyond six months and upto nine months from the date of journey for cancellation of PRS counter tickets and refund of fare across reservation counters for the journey period 21.03.2020 to 31.07.2020. It is applicable only for regular time tabled …

Dedicated Freight corridor, whose Rewari – Madar section on Western corridor, was dedicated to the Nation by Prime Minister Narendra Modi today, is going be the game changer in economic development of the country. Dedicated Freight Corridor Corporation of India is constructing the Western DFC (1506 Route km) and Eastern …

The Union Minister for Consumer Affairs, Food & Public Distribution, Commerce & Industry and Railways Piyush Goyal attended the 74th foundation day celebration of Bureau of Indian Standards on 6th January 2021.  On this occasion he inaugurated the Toy Testing facilities, which BIS has created across three of its laboratories and announced the …

Union Minister for Coal & Mines Pralhad Joshi said that NALCO will invest around Rs. 30000 crores by financial year 2027-28 on the company’s expansion and diversification plans. Joshi was addressing the 41st Foundation Day of NALCO today at the company’s headquarters in Bhubaneswar, the capital city of Odisha. Out of …

Udaipur. In line with Toyota’s philosophy of making “Ever- Better Cars”, Toyota Kirloskar Motor (TKM) today launched the new Toyota Fortuner and exclusive new Legender. The Fortuner has been an aspirational SUV for more than a decade now and continues to dominate the segment with over 53% segment share, even …

Udaipur :  Indian tyre industry major and the pioneer of radial tyre technology in the country, JK Tyre & Industries Ltd., has become an exclusive tyre partner with Hyundai Motor India – one of the largest car manufacturer in the country – for its highest selling SUV, Creta. Over the years, …

HDFC Bank has witnessed a loan growth of 19 percent to Rs 10,82,000 crore during the third quarter ended December 2020 (Q3FY21). The bank had an outstanding loan of Rs 9,36,000 crore as of December 31, 2019, and a growth of around 4 percent. It stood at Rs 10,38,300 crore …

Housing Development Finance Corporation (HDFC) is planning to raise up to Rs 5,000 crore by issuing bonds on private placement basis to meet its business requirements. The bank will issue secured redeemable non-convertible debentures (NCDs) on private placement basis with an issue size of Rs 2,000 crore and an option …

With an upsurge in openings for job, education, and commercial development across the country, there is a rise in the number of people frequently migrating from one place to another. Due to the ever-growing relocation needs and to ensure people avoid unnecessary expenditures and trauma because of goods damages and …