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May 4, 2020 10:13 AM
Reserve Bank of India has said that over 99 per cent of CKP Co-Op Bank's 1.32 lakh depositors will get full money through Deposit Insurance and Credit Guarantee Corporation (DICGC). RBI's chief general manager in the Department of Communication, Yogesh Dayal, said that the CKP co o...
May 2, 2020 2:38 PM
In Punjab, till Friday, Government agencies and private traders have procured total 80,96,828 metric tonnes of wheat. Giving this information at Chandigarh today an official Spokesperson said, on Friday on 17th day of procurement 6,62,331 metric tonnes of wheat has been procured. He told that out o...
May 2, 2020 8:49 AM
Traders' body Confederation of All India Traders (CAIT) has announced to launch a national e-commerce marketplace 'bharatmarket' soon for all retail traders in collaboration with several technology partners. In a statement, CAIT said the marketplace will integrate capabili...
May 1, 2020 12:47 PM
Exports of Gems and Jewellery from Surat resumed from Wednesday. AIR correspondent reports that first 10 shipments have been exported from Surat Diamond Bourse on Wednesday. Gujarat being the hub of Gems and Jewellery, the resumption of economic activity in the sector is a welcoming sign. Talking t...
April 30, 2020 7:35 PM
The Reserve Bank of India today extended regulatory benefits to all banks including those deploying their own resources to extend liquidity support to the mutual funds under the Special Liquidity Facility for Mutual Funds SLF-MF scheme. Earlier in the week, the Reserve Bank had announced Rs 50,000-c...
April 30, 2020 6:47 PM
The output of eight core infrastructure industries shrank by 6.5 percent in March due to fall in production of crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity amid the coronavirus lockdown. The eight core sectors had expanded by 5.8 per cent in March 2019. Produc...
April 30, 2020 6:10 PM
India Inc. is staring at a bleak and forgettable fiscal year 2021, which is likely to see a 10 percent fall in revenues and at least 15 percent erosion in profits due to the COVID-19 pandemic, domestic ratings agency Crisil said today. Crisil's research wing said, loan servicing can become ...
April 30, 2020 6:06 PM
Gold demand in India fell 36 percent in the January to March quarter of this year, to 101.9 tonnes due to volatile prices, economic uncertainties and coronavirus-induced nationwide lock down towards the end of the quarter, according to a report by World Gold Council. According to the World Gold Coun...
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