BUSINESS

Addressing the 93rd Annual Convention of Industry body FICCI, through video conferencing in New Delhi Raksha Mantri Rajnath Singh said the Covid-19 pandemic has brought many new challenges to the country and the government has taken various steps to mitigate its adverse impacts concerning both lives and livelihoods.  Utmost priority has been given first to …

The Ministry of Finance has released the 7th weekly instalment of Rs.6,000 crore to the States to meet the GST compensation shortfall. Out of this, an amount of Rs.5,516.60 crore has been released to 23 States and an amount of Rs.483.40 crore has been released to the 3 Union Territories (UT) …

The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI) is releasing All India Consumer Price Index (CPI) on Base 2012=100 and corresponding Consumer Food Price Index (CFPI) for Rural (R), Urban (U) and Combined (C) for the month of November 2020 (Provisional) in this press note. CPIs …

Udaipur : Pernod Ricard India celebrates the recognition for Seagram’s Blenders Pride at three of the world’s most prestigious spirits competitions. Blenders Pride has received the Gold Award at Monde Selection 2020, Gold Medal at The Fifty Best, and Bronze Medal at London Spirits Competition 2020. Seagram’s Blenders Pride, a premium …

Udaipur :  Nayara Energy, a new-age integrated downstream energy company and Shell, the global leader in finished lubricants, announced a strategic partnership that will provide customers access toShell Lubricants’ best-in-class products,including the premium range of Ultraengine oilsat Nayara and Essarfuel stations. Nayara Energy, the fastest growing pan-India private fuel retail network, operates …

All the States except Tamil Nadu have availed benefits of the newly announced scheme for “Special Assistance to States for Capital Expenditure”.   The scheme was announced by the Finance Minister on 12th October, 2020 as a part of the AatmaNirbhar Bharat package. The Scheme is aimed at boosting capital expenditure by …

The Quick Estimates of Index of Industrial Production (IIP) are released on 12th of every month (or previous working day if 12th is a holiday) with a six weeks lag and compiled with data received from source agencies, which in turn receive the data from the producing factories/ establishments. 2.        For the …

Indian Railways through its 21 Railway Recruitment Boards (RRBs) is organizing mega recruitment drive in three phases starting from 15th December, 2020 for filling up about 1.4 lakh vacancies in which more than 2.44 Crore candidates will be appearing in different cities across the country. Preparations for conduct of exams …

Atal Innovation Mission (AIM), NITI Aayog and SAP Labs India have strengthened their partnership to promote digital literacy, innovation and entrepreneurship in India. As part of the renewed Statement of Intent (SOI), SAP will conduct Training of Trainers (ToT) under UnBox Tinkering for around 500 teachers in the next three …

Udaipur : The National Centre for the Performing Arts (NCPA) has consistently worked towards an array of initiatives to promote the growth of art and culture in India. Since 2009, in partnering with Citi, NCPA has been offering scholarships to the young promising students who seek advanced training in the field …

Udaipur : RBL Bank and ICICI Prudential LifeInsurance haveentered into a bancassurance partnership to offer an array of life insurance products to the Bank’s customers.This alliancewill enable over 8.7 million customers of RBL Bank to access and seamlessly purchase customer-centric protection and long-term savings products of the Company and provide financial …

Union Minister of Finance Smt Nirmala Sitharaman reviewed the situation about payment to the MSMEs and expressed satisfaction and appreciation on the excellent work done by the Ministry of MSME. As part of Prime Minister of India’s vision  the Finance Minister had  announced Atma Nirbhar Bharat package in May, 2020, …

BSNL, in partnership with Skylotech India, announced today a breakthrough in satellite-based NB-IoT (Narrow Band-Internet of Things), in pursuance of the  Prime Minister, Narendra Modis vision of a truly Digital India  starting with fishermen, farmers, construction, mining andlogistics enterprises. With this solution, India will now have access to a ubiquitous …

The DST-CII India-Portugal Tech Summit has identified several opportunities for engagement amongst stakeholders at various levels while deliberations on the possibilities of scaling up solutions to address societal challenges facing the world have yielded positive results, dignitaries said at the valedictory session of the DST-CII tech summit. “As we look …

NITI Aayog in association with Patna High Court, organized the inaugural meeting in a broader engagement on efficient and affordable access to justice for all, through the the interplay of technology, law and innovation in the post pandemic world. This meeting was held on 7th December 2020 with a focus …

The Competition Commission of India (CCI) approves acquisition of shares of Odisha Power Generation Corporation Ltd (OPGC) by Odisha Hydro Power Corporation Limited (OHPC) under Section 31(1) of the Competition Act, 2002. OHPC is a PSU wholly-owned and controlled by the Government of Odisha. It is engaged in the business …

The Directorate General of GST Intelligence (DGGI) Gurugram Zonal Unit (GZU), Haryana has arrested one Rajesh Kasera resident of New Delhi on charges of IGST fraud by way of  illegally availing  input tax credit (ITC)  on invoices without goods, and encashing  through IGST refund mode by resorting to overvalued exports. It is apparent …

ICICI Bank is currently trading at Rs. 510.90, up by 8.75 points or 1.74% from its previous closing of Rs. 502.15 on the BSE. The scrip opened at Rs. 504.10 and has touched a high and low of Rs. 515.50 and Rs. 504.10 respectively. So far 1357458 shares were traded …

Eicher Motors is currently trading at Rs. 2560.30, up by 10.65 points or 0.42% from its previous closing of Rs. 2549.65 on the BSE. The scrip opened at Rs. 2570.00 and has touched a high and low of Rs. 2578.80 and Rs. 2556.00 respectively. The BSE group ‘A’ stock of …

Udaipur : As the demand for herbal nutrition category records a drastic rise with consumers shifting towards healthier living, Amway India, one of the country’s leading FMCG direct selling companies, foresees its traditional herb nutrition category to clock sales of INR 100 crores this year. To accommodate the growing demand …