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Business & economy, industries, companies, technologies and MNCs – News

Need complete trust between industry, govt to sustain growth amid Covid: FM Sitharaman

Apr 20, 2021

Finance Minister Nirmala Sitharaman on Tuesday said there should be complete trust between the industry and the government to sustain growth amid the COVID-19 situation. Sitharaman, addressing a seminar organised by the Merchants' Chamber of Commerce & Industry here, said the Centre has taken several steps to ensure that revival of the…

Auction of Government of India Dated Securities

Apr 20, 2021

Government of India (GOI) has announced the sale (re-issue) of four dated securities for a notified amount of ₹32,000 crore as per the following details: Sr No Security Date of repayment Notified Amount (₹ crore) GoI specific…

Business

Review of Requirement of Counter-Cyclical Capital Buffer

Apr 20, 2021

The framework on countercyclical capital buffer (CCyB) was put in place by the Reserve Bank of India in terms of guidelines issued on February 5, 2015 wherein it was advised that the CCyB would be activated as and when the circumstances…

Business

Result of Yield Based Auction of State Development Loans of State Governments

Apr 20, 2021

Result of Yield Based Auction of State Development Loans of State Governments Sr. No. State Notified Amount (₹ Cr) Amount Accepted (₹ Cr) Cut off Yield (%) Tenure (Yrs) 1. Arunachal Pradesh 400…

Business

Snapdeal launches new campaign with Riteish and Genelia as its face

Apr 20, 2021

Gurugram, April 19 : Snapdeal, India’s largest value e-commerce company, today launched a new brand campaign “Brand Waali Quality, Bazaar Waali Deal. The campaign highlights Snapdeal’s positioning as a shopping destination that disrupts…

Business

Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (AACS) –…

Apr 19, 2021

The Reserve Bank of India, in public interest, had issued Directions to United Co-operative Bank Limited, Bagnan, West Bengal in exercise of its powers vested in it under Sub-Section (1) of Section 35 A read with Section 56 of the Banking…

Business

Money Market Operations as on April 16, 2021

Apr 19, 2021

Money Market Operations as on April 16, 2021 (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight…

Business

Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949, (AACS) –…

Apr 18, 2021

The Reserve Bank of India, in the public interest, had issued directions to Bhagyodaya Friends Urban Co-operative Bank Ltd., Warud, Distt. Amravati, Maharashtra in exercise of powers vested in it under sub-section (1) of Section 35A read…

Business

EPCH shifts IHGF Delhi Fair to virtual mode amid Covid scare

Apr 17, 2021

NEW DELHI – 17th April 2021 – The 51st IHGF Delhi fair which was scheduled to be held physically from 19th - 23rd May, 2021 at India Expo Centre and Mart at Greater Noida has been cancelled owing to the current pandemic situation getting…

Business

FICCI writes to 25 CMs, appeals against further Covid-19 lockdowns

Apr 17, 2021

The Federation of Indian Chambers of Commerce and Industry (FICCI) has appealed to chief ministers of states to avoid introducing lockdowns as they will push the economy into a downward spiral. FICCI President Uday Shankar wrote on Covid…

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