Business

November 3, 2020 9:17 PM

Four coal mines placed for auction on Day 2 of Commercial Coal Mine Auction

Four coal mines were put up for auction on Day 2 of Commercial Coal Mine Auction.   Among these, three are in Madhya Pradesh and one is in Jharkhand.   The e-auction witnessed strong competition amongst the bidders with all mines attracting good premiums over the reserve price.   First day of auctio...

November 3, 2020 8:10 PM

No service charge applicable on Basic Savings Bank Deposit accounts: Govt

Government today said that no service charge is applicable on the 60 crore Basic Savings Bank Deposit accounts, including Jan Dhan accounts.   Finance Ministry said, there have been several media reports alluding to steep increase in service charges by certain Public Sector Banks.   It said, the cha...

November 3, 2020 8:08 PM

Oil prices jumps amid reports of delay in easing of output cuts

Oil prices today gained amid reports that OPEC plus countries may delay a planned easing of output cuts.   In intra-day trade, Brent crude prices were trading around 40 dollars and 40 cents per barrel while WTI crude prices were around 38 dollars and 20 cents per barrel.

November 2, 2020 8:37 PM

Centre extends Emergency Credit Line Guarantee Scheme till Nov 30

Union Government has extended the Emergency Credit Line Guarantee Scheme (ECLGS) by one month till 30th of November or till an amount of Rs. three lakh crore is sanctioned under the scheme, whichever is earlier.   This has been done in view of the opening up of various sectors in the economy and the...

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