Peak power demand to grow by 15GW/year for next 6 years: Govt Official
Power demand in the country will grow at a higher rate of 15GW per annum for next six years compared to 11GW per annum in last one decade, a senior government official said on Friday. By 2030, about 85 GW of additional demand will be added during the solar hours and...
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Foxconn infuses Rs 1,200 crore in Karnataka unit
24 August 2024 | PTI -
India steel market hit by unfair imports, dumping amid slump in China: Former Steel Secretary
24 August 2024 | PTI -
US top trading partner, highest trade deficit with China in January-June 2024: GTRI
24 August 2024 | PTI -
Gold prices decline by Rs 350, silver drops Rs 200
24 August 2024 | PTI -
Registration of housing properties in Noida, Gr Noida up 29 per cent in Apr-Jun at 8,212 units: Report
24 August 2024 | PTI -
Sebi asks CAs to be ‘extra careful' while auditing listed SMEs
24 August 2024 | PTI -
India's forex reserves jump by USD 4.546 bn to USD 674.664 bn
24 August 2024 | PTI
Rupee rises 4 paise to close at 83.89 against US dollar
The rupee traded in a narrow range and settled higher by 4 paise at 83.89 (provisional) against the American currency on Friday, as traders remained cautious ahead of Fed Chair Jerome Powell's speech at the Jackson Hole Symposium. Forex traders said weak US Dollar, foreign fund inflows and a positive tone...
Sensex, Nifty edge up in volatile trade ahead of US Fed chief speech
Benchmark Sensex and Nifty edged up in volatile trade on Friday following buying in blue-chip stocks such as ICICI Bank and Bharti Airtel amid mixed global trends ahead of the US Fed chair Jerome Powell's speech at Jackson Hole Symposium. Rising for the fourth straight session, the 30-share BSE Sensex ended...
Anil Ambani-led group stocks plummet after Sebi bans him, others from securities market
Shares of companies led by Anil Ambani on Friday fell sharply after Sebi barred him and 24 other entities, including former key officials of RHFL, from the securities market for five years for diversion of funds from the company. The stock of Reliance Home Finance Ltd (RHFL) fell 5.12 per cent...
Sebi bans Anil Ambani, 24 other entities from securities mkt for 5-yrs
Markets regulator Sebi has barred industrialist Anil Ambani, 24 other entities, including former key officials of Reliance Home Finance from the securities market for five years for diversion of funds from the company. Sebi has imposed a penalty of Rs 25 crore on Ambani and restrained him from being associated with...
Adopt more supportive, empathetic approach towards MSMEs, lenders told
Reserve Bank Deputy Governor Swaminathan J has asked financial institutions to adopt a more sensitive and empathetic approach towards MSMEs, and deploy supportive measures like restructuring options for loans, to support the sector which plays a key role in the economy. In a speech at the Annual Day of the Foreign...
POWERGRID acquires STL
Power Grid Corporation of India Limited (POWERGRID) — a Maharatna CPSU under Ministry of Power has acquired two Project Special Purpose Vehicles (SPVs) viz Sirohi Transmission Limited and Beawar-Mandsaur Transmission Limited on August 22, 2024. The purpose is for the Transmission System Projects for evacuation of power from Rajasthan REZ...
GoM on GST rate rationalisation discusses tax cut for some items
The ministerial panel on GST rate rationalisation on Thursday broadly converged towards retaining a 4-tier slab structure and asked the committee of tax officers to analyse the implication of tinkering rates on some items and present it before the GST council. The issue of GST on health and life insurance was...
