States should support decarbonisation of aluminum industries: Study

States should support decarbonisation of aluminum industries: Study

Sunday, 05 May 2024 | PTI | New Delhi

States should support the decarbonisation of aluminium industries by waiving or reducing open access charges for renewable power, a study has said. Open access charges are levied by power distribution companies (discoms) on those consumers which buy electricity from any other source. State governments should also prioritise giving right of way to...

NCLT registers 43 per cent jump in debt resolution cases: IBBI

Sunday, 05 May 2024 | PTI | Kolkata

Amid several bottlenecks, the Insolvency Bankruptcy Board of India (IBBI) declared 2023-24 as a landmark year, with the National Company Law Tribunal achieving a significant 43 per cent increase in resolutions, jumping from 189 cases last year to 270 this year. The IBBI is expected to submit a report to the...

Government lifts ban on onion exports

Sunday, 05 May 2024 | PTI | New Delhi

The government on Saturday lifted the ban on onion exports subject to a minimum export price of USD 550 per tonne, a decision that can help boost income of a large section of farmers and comes ahead of the Lok Sabha polls in key producing regions including Maharashtra. The government has...

Govt lifts ban on onion exports; imposes minimum export price of USD 550/tonne

Govt lifts ban on onion exports; imposes minimum export price of USD 550/tonne

Saturday, 04 May 2024 | PTI | New Delhi

The government on Saturday lifted the ban on onion exports but imposed a minimum export price (MEP) of USD 550 per tonne. The decision assumes significance as the commodity is politically sensitive and general elections are going on in the country. "The export policy of onions is amended from prohibited to free...

Sri Lanka rupee makes gains over major currencies: Minister

Sri Lanka rupee makes gains over major currencies: Minister

Saturday, 04 May 2024 | PTI | Colombo

Sri Lanka’s rupee, which suffered severe depreciation because of the island nation’s unprecedented economic crisis since 2022, has started to make gains in comparison to other currencies, State Minister for Finance Ranjith Siyambalapitiya said on Friday. He said during the first four months of the year, the Sri Lankan rupee had...

Business brief

Saturday, 04 May 2024 | Agencies

Results announced New Delhi: The result of Vellore Institute of Technology Engineering Entrance Examination (VITEEE) has been declared. Vellore Institute of Technology Entrance Examination (VITEEE) for admissions to BTech programme was conducted from April 19 to April 30, 2024 as a computer-based proctored examination in 125 cities in India and six...

Forex reserves drop USD 2.41 billion to USD 637.92 billion

Saturday, 04 May 2024 | PTI | Mumbai

India’s forex reserves dropped USD 2.412 billion to USD 637.922 billion as on April 26, in the third consecutive weekly decline in the reserves, the Reserve Bank of India (RBI) said on Friday. In the previous reporting week, the overall reserves had declined USD 2.28 billion to USD 640.33 billion. For the...

Report: Majority of Indians surveyed got to know about podcasts recently

Saturday, 04 May 2024 | PTI | Mumbai

India has emerged as the third-largest market for podcast listeners globally even as around 78 per cent of people surveyed got to know about this media recently, a report said on Thursday. According to the report, around 82 per cent of respondents were initially unaware of podcasts, highlighting a significant opportunity...

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