Online bidding for SGB FY19 opens from Monday: BSE

Online bidding for SGB FY19 opens from Monday: BSE

Monday, 15 October 2018 | PTI | New Delhi

Leading stock exchange BSE said its online bidding platform for sovereign gold bond scheme 2018-19 will be open for subscription from Monday, running up to five tranches till February. "BSE's online bidding platform for SGB 2018-19 - series 2 will be open for subscription from Monday, October 15 to October 19,...

Govt may give Rs 2.5K cr bank guarantee for State-owned firm STC

Monday, 15 October 2018 | PTI | New Delhi

State Trading Corporation (STC) may soon get relief from the Government in terms of bank guarantee of Rs 2,500 crore to help the company resolve the liquidity problem, sources said. The commerce ministry has approved the proposal and sent that to the finance ministry for final approval. “There is also a plan...

Results, rupee movement to guide mkts this week: Experts

Monday, 15 October 2018 | PTI | New Delhi

Quarterly earnings from blue-chips like Infosys and RIL as well as movement of the rupee and crude oil prices will dictate the market trend in the holiday-shortened week ahead, say experts. “Currently, broader markets look attractive while investors may seek more clarity from upcoming quarterly results. The continuity of this...

Govt may not further hike import duty on non-essential items

Monday, 15 October 2018 | PTI | New Delhi

The Government may not go for another round of import duty hike on any more items and could take other measures to contain the impact of rupee slide on current account deficit (CAD), an official said. The Government, within a span of two weeks, has hiked import duty on a host...

Govt invites bids for int’l Udan flights

Monday, 15 October 2018 | PTI | Mumbai

Operations under the scheme will be permitted through fixed-wing aircraft only with more than 70 seats The Central Government has invited proposals from interested air operators for the international version of its ‘Udan’ (Ude Desk Ka Aam Nagrik) scheme as it seeks to enhance air connectivity from India to select overseas...

Impressive performance by Baramulla, Kupwara under Aspirational Dists Plan: Kant

Impressive performance by Baramulla, Kupwara under Aspirational Dists Plan: Kant

Sunday, 14 October 2018 | PTI | Srinagar

Niti Aayog CEO Amitabh Kant has hailed the progress made by Jammu and Kashmir's Baramulla and Kupwara districts in upgradation of basic amenities for the people under the Aspirational Districts Programme. Kant conducted an extensive tour of these north Kashmir districts on Saturday to personally take stock of the progress made...

India International Silk Fair to begin this week

India International Silk Fair to begin this week

Sunday, 14 October 2018 | PTI | New Delhi

Union Minister Smriti Irani will Tuesday inaugurate India International Silk Fair (IISF), a three-day event where over 108 exhibitors of silk and blended silk will display their produce here. "The fair will give a platform to exporters to display their products and to overseas buyers an opportunity to place orders and...

India VC market saw investments of over USD 2 bn in Q3: KPMG

India VC market saw investments of over USD 2 bn in Q3: KPMG

Sunday, 14 October 2018 | PTI | New Delhi

India's venture capital market saw large sequential growth during the third quarter of 2018 with over USD 2 billion being invested, according to a report by KPMG. "More than doubling the tally observed in Q2, the Indian venture ecosystem saw well over USD 2 billion invested last quarter, even as aggregate...

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