Members of oil cartel to meet as coronavirus rattles demand
Leaders of the OPEC cartel are meeting virtually to decide, once again, how much oil their members should produce as lockdowns related to the coronavirus continue to stifle demand for crude. They're expected to extend production cuts well into the new year, in an effort to boost volatile oil prices. The OPEC...
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RBI likely to maintain status quo for 3rd straight time on inflation concerns
30 November 2020 | PTI -
CBIC asks for physical verification of biz granted deemed GST registration between Aug 21-Nov 16
30 November 2020 | PTI -
US, UK and Australia among top mkts for Indian sellers exporting products on eBay
30 November 2020 | PTI -
Cos raise Rs 25,000 cr via IPOs in 2020 so far; next year expected to be equally strong
30 November 2020 | PTI -
FinMin asks PSU general insurers to cut flab; rationalise branches, other expenses: Sources
30 November 2020 | PTI -
Startup develops software for displaying garment images in 3D
30 November 2020 | PTI -
CII urges industry not to lower guard against Covid-19
30 November 2020 | PTI
Resume REC trade soon, trading pause to impact discoms' ability to meet RPO targets: Power exchanges
Further suspension on trading of renewable energy certificates (RECs) would impact state power distribution utilities' ability to meet renewable purchase obligation (RPO) targets, electricity exchanges PXIL and IEX said, stressing that the trade should be resumed at the earliest. Talking to PTI, Indian Energy Exchange (IEX) Head and Senior Vice President...
CAIT writes to PM, alleges violation of FDI norms by e-commerce firms
Traders' body CAIT on Sunday wrote to Prime Minister Narendra Modi seeking “strong action” against e-commerce firms for alleged violation of FDI policy by them. It also sought setting up of an empowered regulatory authority to regulate and monitor the e-commerce business in India. In the letter to the Prime Minister, the...
FPIs net buyers for 2nd consecutive month in Nov, invest record sum of Rs 60,358 cr in equities
Foreign portfolio investors (FPI) remained net buyers for the second consecutive month in November by pumping in a whopping Rs 62,951 crore in Indian markets. For equities segment, this is the highest quantum of money invested ever since the FPI data has been made available by the National Securities Depository Ltd. According...
US second biggest FDI source for India during Apr-Sep 2020
The US has emerged as the second biggest source of foreign direct investment (FDI) into India, replacing Mauritius, during the first half of the current financial year, according to data of the commerce and industry ministry. During April-September 2020, India attracted FDI worth USD 7.12 billion from the US and USD...
CAIT writes to PM, alleges violation of FDI norms by e-commerce cos
Traders' body CAIT on Sunday wrote to Prime Minister Narendra Modi seeking "strong action" against e-commerce firms for alleged violation of FDI policy by them. It also sought setting up of an empowered regulatory authority to regulate and monitor the e-commerce business in India. In the letter to the Prime Minister, the...
FPIs net buyers for 2nd consecutive month in Nov, invest record sum of Rs 60,358 cr in equities
Foreign portfolio investors (FPI) remained net buyers for the second consecutive month in November by pumping in a whopping Rs 62,951 crore in Indian markets. For equities segment, this is the highest quantum of money invested ever since the FPI data has been made available by the National Securities Depository Ltd. According...
Protesting farmers not 'properly understood' new farm laws: Niti Aayog member
Niti Aayog Member (Agriculture) Ramesh Chand has said protesting farmers have not fully or properly understood the new farm laws, asserting that these legislations have potential to increase farm income in a big way. He further said that the motive of the three new farm laws is exactly the opposite of...
