Business

May 15, 2020 7:59 PM

38 new additional mandis integrated with e-NAM platform today

The pan-India electronic agri-produce trading portal, e-NAM has reached milestone of one thousand mandis across 18 States and three Union Territories. Agriculture Ministry said, 38 additional mandis were integrated with the e-NAM platform today. National Agriculture Market (e-NAM) was launched in 20...

May 15, 2020 7:21 PM

Indian Potash Ltd decides to cut price of Muriate of Potash

Indian Potash Limited, a PSU under the department of fertilizers has decided to cut the price of Muriate of Potash from the present level of 19 thousand rupees per tonne to 17 thousand 500 rupees per tonne. Muriate of potash, also known as potassium chloride is essential for plant growth and quality...

May 15, 2020 7:15 PM

Rupee down by two paise at Rs 75.58 against dollar

The rupee today pared initial gains and settled two paise lower at 75 rupees and 58 pasie against the US dollar. The domestic unit appreciated marginally as investors awaited for fresh cues from further announcements on the fiscal stimulus package. Forex traders said the local currency was trading i...

May 15, 2020 4:54 PM

Sensex closes 25 points down at 31,098

Domestic equity benchmarks today remained almost flat amid absence of Asian share market cues. Sensex at Bombay Stock Exchange closed 25 points down at 31,098. Similarly, the Nifty at National Stock Exchange fell six points to settle at 9,137.

May 14, 2020 9:15 PM

Industry bodies welcome 2nd tranche of stimulus package

Industry bodies today welcomed the said the second tranche of the stimulus package saying that it will provide relief to the most vulnerable sections of the society reeling under the impact of COVID-19 and boost the housing sector, aiding economic growth. President of FICCI, Sangita Reddy said, toda...

May 14, 2020 6:35 PM

WPI food inflation declines in April to 3.60 per cent

Union Government today released truncated data for April wholesale price-based inflation saying there was limited transaction of products in the market due to the outbreak of COVID-19. As per the data released by the Commerce and Industry Ministry, Wholesale Price Index (WPI) deflation in primary ar...

May 14, 2020 1:52 PM

Rupee falls 13 paise to 75.59 against US dollar

The rupee depreciated 13 paise to 75.59 against the US dollar in opening trade today amid strengthening American currency overseas and negative opening of domestic equities. Forex traders said the local unit opened weak against the greenback tracking losses in some of the major Asian currencies and ...

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