New Delhi (IANS) The Union Cabinet on Wednesday approved expanding the mandate of Government e-Marketplace (GeM) to allow procurement by Cooperatives as buyers on the portal. The decision was taken at a meeting of the union cabinet chaired by Prime Minister … read more
New Delhi (IANS) Petrol pump dealers across 24 states have decided not to purchase diesel and petrol from oil companies on Tuesday to mark their protest against dealers’ commission which has not been revised since long, it was announced on Monday. … read more
Guwahati (IANS) Union Finance Minister Nirmala Sitharaman on Sunday said that the Centre has been implementing various rail, road and air connectivity projects worth Rs 1.34 lakh crore in the northeastern states. Addressing a “NADI (River) Conclave 2022” in Guwahati, Sitharaman … read more
New Delhi (IANS) Capitalising on their opening session gains, domestic equity benchmark indices settled week’s last trading session sharply higher in the green led by gains in IT, media, and banking stocks coupled with strong global cues. Nifty IT was the … read more
New Delhi (IANS) Global financial services provider firm Moody’s Investors Service has slashed India’s GDP projection to 8.8 per cent for 2022, from 9.1 per cent estimated previously. The rationale behind the cut was the prevailing high inflation. “Except for Russia, … read more
New Delhi (IANS) The move to waive import duties on some key raw materials and intermediaries needed for production of steel is expected to help in moderating steel prices in the domestic market, besides reducing inflation, said Uday Narang, Founder and … read more
Chennai (IANS) Government-owned and listed insurer, the New India Assurance Company Ltd closed FY22 with a net profit of Rs 164.27 crore, down from Rs 1,604.69 crore logged during FY21. The company’s solvency margin also dropped to 1.66 times at the … read more
New Delhi (IANS) One97 Communications Limited (OCL) that owns the brand Paytm, Indias leading mobile payments and financial services company, announced its quarter-ending March 2022 and full financial year FY22 results. The company saw its revenue jump by 77 per cent … read more
New Delhi (IANS) The brokerage house Centrum Broking has given a ‘buy’ call for Mahindra & Mahindra, Hindalco Industries, and Steel Authority of India shares. “While tractor sales have slowed down over a high base and stress in the rural segment, … read more
New Delhi (IANS) India’s oilmeal exports for the month of April 2022 were provisionally reported at 333,972 tonne as compared to 303,705 tonne in the same month of 2021 i.e, a rise of 10 per cent year-on-year, data compiled by Solvent … read more