Business

June 17, 2020 8:25 PM

Wheat procurement from farmers touches an all-time record of 382 lakh tonnes

Government today said that the procurement of wheat from farmers has touched an all-time record to 382 Lakh tonnes. The earlier record was 381.48 lakh tonnes, achieved during 2012-13. Consumers Affairs, Food and public distribution Ministry said that the commencement of procurement was delayed by a ...

June 17, 2020 1:14 PM

KVIC rolls out unique project to produce Neera, Palm jaggery

The Khadi and Village Industries Commission (KVIC) has rolled out a unique project to produce Neera and Palm jaggery which has huge potential to create employment. The project that aims at promoting Neera as a substitute to soft drinks while also creating self-employment to Adivasis and traditional ...

June 16, 2020 2:18 PM

PSBs disburse Rs 16,031 Cr to States, UTs so far: FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman today said, the Public Sector Banks have disbursed 16 thousand 31 crore rupees to the States and Union Territories so far. She said, PSBs have sanctioned loans worth 32 thousand 49 crore rupees under the 100 per cent Emergency Credit Line Guarantee Scheme. Maximum...

June 15, 2020 9:01 PM

FM chairs meeting with Pvt Banks, NBFCs to ensure effective roll out of ECLGS

Finance Minister Nirmala Sitharaman chaired a meeting through Video Conference with officials of Major Private Banks and Non Banking Financial Companies today to ensure effective roll out of Emergency Credit Line Guarantee Scheme. She stressed on the need to extend uninterrupted liquidity to Micro, ...

June 15, 2020 6:57 PM

Rupee falls 19 paise to close below 76 per USD

The rupee today depreciated 19 paise to a more than six-week low of 76 rupees and three paise per dollar mark as weak domestic equities and sustained foreign fund outflows weighed on investor sentiment. Forex traders said risk appetite has waned amid fresh cases of COVID-19 globally.  

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