Business

April 1, 2020 6:51 PM

Non-subsidized LPG prices slashed

The price of non-subsidized 14.2 Kg LPG was today slashed by 61 rupees and 50 paise per cylinder in line with a fall in benchmark international rates. With this the new rate of non-subsidized LPG cylinder will be 744 rupees in Delhi. This is the second reduction in the rates since March this year as...

April 1, 2020 4:54 PM

Sensex plummets 1,203 pts; Niffty ends at 8,254

At the stock markets, the Sensex at the Bombay Stock exchange plummeted 1,203 points, or 4.1 percent, to 28,265, today. The Nifty at the National Stock Exchange tanked 344 points, or 4 percent, to end at 8,254.               

March 31, 2020 9:38 PM

Nirmala Sitharaman participates in 2nd G20 meeting of Finance Ministers

Finance Minister Nirmala Sitharaman today participated in the 2nd Extraordinary G20 Finance Ministers and Central Bank Governors meeting under the Saudi Arabian Presidency, to discuss the impact of COVID-19 pandemic on the global economy and coordinate efforts in response to this global challenge. M...

March 31, 2020 1:23 PM

COVID19: Oil prices rebound strongly from 18-year lows

A day after falling to an 18-year low, oil prices rebounded strongly in Asian trade today. The growth was attributed to the investors' confidence returning following moves by policymakers to support the coronavirus-hit global economy.   The investors focused on stimulus measures rolled out ...

March 31, 2020 9:54 AM

Govt extends crop loan interest benefits to farmers till May 31

In the wake of national lockdown due to Covid-19, the Government has extended the benefit of two per cent Interest Subvention to Banks and three per cent Prompt Repayment Incentive to all farmers upto 31st of May this year.   The interest subsidy has been extended to all crop loans upto 3 lakh rupee...

March 30, 2020 9:42 PM

ADB announces 100 million US Dollars funding for Indian infrastructure sector

Multilateral institution Asian Development Bank (ADB) yesterday announced a 100 million US Dollars funding for the Indian infrastructure sector through the government-promoted National Investment and Infrastructure Fund-NIIF.   The Manila-based body will be investing in NIIF, tranche of funds, which...

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