RBI to inject Rs 10,000 cr through open market operations this week
The Reserve Bank of India (RBI) Tuesday said it would inject Rs 10,000 crore into the system through purchase of government securities on January 17 to increase liquidity. The purchase will be made through open market operations (OMOs). "Based on an assessment of prevailing liquidity conditions and also of the durable liquidity...
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Govt working on domestic manufacturing of aircraft: Prabhu
15 January 2019 | PTI -
India among world's leading exporters of creative goods: UN report
15 January 2019 | PTI -
Waterways to transform India’s logistics industry
15 January 2019 | Ankita Saxena -
Rs falls 43 paise to end at near 1-month low against US dollar
15 January 2019 | PTI -
FinMin wants PSU banks to bring down Govt equity to 52%
15 January 2019 | PTI -
Sebi fines 10 entities for fraudulent trading in Mindvision Capital shares
15 January 2019 | PTI -
Ghosn’s wife slams ‘harsh' Japan detention
15 January 2019 | AFP
BHEL wins largest order for solar photovoltaic plants
Bharat Heavy Electricals Limited (BHEL) has won an order for setting up 129 MW Solar Photovoltaic (SPV) power plants in Telangana from Singareni Collieries Company Limited. Significantly, valued at Rs.565 Crore, this is the largest SPV power plant order won by BHEL till date. The plants are to be set up at...
Business Corner
Ramesh Chandra Kaushik, Member of Parliament (Lok Sabha) marked the commencement of works for construction of the rail coach refurbishment karkhana, Sonipat at the bhoomi pujan ceremony there. Senior Railway executives Arun Arora, Chief Mechanical Engineer, Northern Railway, Navin Kumar Parsuramka Addl Divisional Railway Manager, Northern Railway, Delhi were also...
Sebi settles case with individual in IndoStar Capital case
Markets regulator Sebi has settled a case of disclosure lapses by an individual after paying more than Rs 2 lakh towards settlement charges in the matter of IndoStar Capital Finance Ltd. In an order, the regulator said during the probe it 'prima-facie' found that "Prashant Shetty had sold 15,000 shares of...
Infosys shares gain nearly 4 pc on share buyback
Shares of Infosys Monday rose by nearly 4 per cent after the company approved a Rs 8,260-crore share buyback and also raised its revenue growth forecast. After a positive opening, shares of the company further gained 3.70 per cent to Rs 709 on BSE. At NSE, shares of the company jumped 3.90...
Sensex falls over 150 pts ahead of key macro data release
The BSE benchmark Sensex Monday dropped over 150 points tracking weakness in other Asian markets amid heavy selling by foreign investors. Market sentiment also turned cautious ahead of the release of key macroeconomic data. The 30-share index fell 174.61 points, or 0.48 per cent, to 35,835.23 in early trade. Similarly, the NSE Nifty...
Sharp rise in Petrol, diesel prices
Transport fuel rates were hiked for the fifth time this month and saw their steepest rise on Sunday, amid global crude oil rates continuing to climb handsomely following the implementation of output cuts by oil producers from January 1. State-run oil marketing companies increased petrol rates by 49-60 paise per litre...
Govt working on bilateral trade pacts to push exports: Prabhu
Given the rising challenge to the free trade, Commerce and Industry Minister Suresh Prabhu said Sunday that while the aim is to open up more for free trade and make WTO more efficient, the government is also keen to work on bilateral trade with more nations. "One of the big challenges...
