The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved a one-time relaxation to Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) for extending loans to Distribution Companies (DISCOMs) above limits of working capital cap of 25% of last year’s revenues under Ujwal DISCOM Assurance …
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M&M’s Auto Sector registers 14% growth in October sales
Mahindra & Mahindra’s (M&M) Auto Sector has sold 58,416 vehicles in October 2018, compared to 51,160 vehicles during October 2017, a growth of 14%. The company’s domestic sales touched 55,350 vehicles during October 2018, as against 48,860 vehicles in October 2017. The Passenger Vehicles segment (which includes UVs, Cars and …
Read More »J&K: Ceasefire Violation reported in Tangdar Sector
Security sources said, Pakistan again violated the ceasefire agreement along Line of Control in Tangdar sector of Kupwara district. Pakistani troops continued shelling and firing on Indian forward posts and residential areas in Hajitra, Sadhpora, Jabri Bajaldar, Dhani, Blackrock post, along the LOC. Indian forces also retaliated in a befitting …
Read More »Govt to soon unveil air cargo policy for sustainable growth of aviation sector: Prabhu
Union Minister Suresh Prabhu has said that the government will soon unveil an air cargo policy, and a vision document is being proposed to ensure sustainable growth of the Indian aviation sector for all times to come. India is one of the world’s fastest-growing aviation markets and has been registering …
Read More »Hindustan Zinc Tops Metal & Mining Sector Globally in the ‘Environment Category’ in Dow Jones Sustainability Index – 2018
The Company ranks 1st in ‘Environment’ and overall 5th globally Hindustan Zinc tops Metal & Mining sector globally in the Environment category in Dow Jones Sustainability Index. The Company has also been ranked overall 5th globally by Dow Jones Sustainability Index in the metals and mining sector. Hindustan Zinc has …
Read More »Centre proposes amalgamation of 3 public sector banks
The centre has proposed an amalgamation of state-owned Bank of Baroda, Dena Bank and Vijaya Bank to create India’s third largest public sector bank. The alternative mechanism under Finance Minister Arun Jaitley has advised the boards of the three banks to consider the proposal. The new amalgamated bank will be …
Read More »Eight core sector growth jumps to 7-month high of 6.7% in June
Core sector growth rose to a seven-month high of 6.7 percent in June due to double-digit expansion in coal, cement and refinery products. On the other hand, crude oil and natural gas continued to contract. The eight infrastructure sectors of coal, crude oil, natural gas, refinery products, fertilizers, steel, cement, and electricity, constitute 40.27% …
Read More »J&K: 6 terrorists neutralised in Keran sector
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Read More »J&K: Infiltration bid foiled in Tangdhar sector, 4 terrorists killed
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Read More »Jammu and Kashmir: Fresh ceasefire violation in Uri sector
Heavy shelling from across the border continued in Jammu, Kathua and Samba districts. The Pakistani force violated the ceasefire in the Kamal Koot area of Uri sector in Baramulla district. The ceasefire violations have resulted in 5 civilian fatalities and 40 others were injured. Meanwhile, India summoned Pakistan’s Deputy High …
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