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ASSOCHAM working closely with Govt to ensure least disruption is caused by Tauktae cyclone to industries, especially related to Covid-19 battle

May 17, 2021

New Delhi, 17th May 2021: In a high-level meeting convened by Commerce, Industry and Railways Minister, Piyush Goyal to review the preparedness for the impending Tauktae cyclone on the west coast, ASSOCHAM has assured the government of working together with all the concerned agencies to ensure that the industries critical to prevention and…

NEFT System Upgrade – Downtime from 00.01 Hrs to 14.00 Hrs. on Sunday, May 23, 2021

May 17, 2021

A technical upgrade of NEFT, targeted to enhance the performance and resilience, is scheduled after the close of business of May 22, 2021. Accordingly, NEFT service will not be available from 00:01 hrs to 14:00 hrs on Sunday, May 23, 2021.…

Business

CAIT demands financial package from the govt, saying traders incurred huge losses during past 45…

May 16, 2021

"India's domestic trade has incurred a trade deficit of Rs 12 lakh crore in the last 45 days due to the outbreak of Coronavirus, which is a major loss and certainly at a time when the lock-down will be reversed, traders will have to…

Business

Sovereign Gold Bond Scheme 2021-22 Series I – Issue Price

May 15, 2021

In terms of GoI notification F.No.4(5)-B(W&M)/2021 and RBI press release dated May 12, 2021, the Sovereign Gold Bond Scheme 2021-22 - Series I will be open for subscription for the period from May 17, 2021 to May 21, 2021. The nominal…

Business

Monthly Data on India’s International Trade in Services – March 2021

May 15, 2021

The Reserve Bank of India releases monthly data on India’s international trade in services with a lag of around 45 days. The value of exports and imports of services during the month of March 2021 are given in the following Table:…

Business

Results of Underwriting Auctions Conducted on May 14, 2021

May 15, 2021

In the underwriting auctions conducted on May 14, 2021 for Additional Competitive Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set the cut-off rates for underwriting commission payable to Primary…

Business

COVID crisis: IndiGo announces initiatives to support employees

May 13, 2021

Mumbai, May 13: No-frills carrier IndiGo on Thursday said it is setting up a 13-beded dedicated COVID care centre in collaboration with Columbia Asia Hospital in Gurugram, for those coronavirus positive employees who may need access to…

Business

Suzuki Motorcycle India appoints Satoshi Uchida as Company Head

May 13, 2021

New Delhi, May 13: Suzuki Motorcycle India Pvt Ltd (SMIPL) on Thursday said it has appointed Satoshi Uchida as its new Company Head as part of a global revamp by parent Suzuki Motor Corporation (SMC). Uchida has succeeded Koichiro…

Business

Renault India Extends Free Service & Warranty Period For Its Customers

May 13, 2021

New Delhi, May 13, 2021: In line with its commitment to customer satisfaction and in order to mitigate the challenges faced by customers in current times, Renault India has announced extension on Warranty and Periodic Free Service schedules…

Business

Conversion/Switch of Government of India (GoI)’s Securities

May 13, 2021

The Government of India announces the conversion/switch of its securities through auction for an aggregate amount of ₹20,000 crore (face value). The security-wise details of the conversion/switch are given as under: Date of Auction…

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