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

A mix of EVs, Hydrogen & CNG vehicle could provide clean transport to India: PHDCCI

May 4, 2021

PHDCCI organized an International Webinar on Making India an EV Nation: Learning Globally. Mr Rajeev Arun Ekka, IAS, Principle Secretary to CM, Principle Secretary (Dept. of Labor Emp. & Training, IT & e-Gov.) cum Labor Commissioner cum MD JBVNL, Government of Jharkhand, being the Chief Guest of the webinar, mentioned that while talking…

Money Market Operations as on May 03, 2021

May 4, 2021

Money Market Operations as on May 03, 2021 (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight…

Business

Reserve Bank of India imposes monetary penalty on ICICI Bank Ltd.

May 4, 2021

The Reserve Bank of India (RBI) has, by an order dated May 03, 2021, imposed a monetary penalty of ₹3 Crore (Rupees Three Crore only) on ICICI Bank Ltd. (the bank) for contravention of certain directions issued by RBI contained in Master…

Business

Volvo Car India announces price hike

May 3, 2021

New Delhi, May 3, 2021: Swedish luxury car maker Volvo Car India today announced that it would be increasing the ex-showroom prices of its luxury sedan S90 and premium SUVs, XC40, XC60 and XC90. Effective May 3rd, 2021, these models will…

Business

Money Market Operations as on April 30, 2021

May 3, 2021

Money Market Operations as on April 30, 2021 (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight…

National

Government announces various relief measures for taxpayers under GST law in view of severe COVID-19…

May 2, 2021

n view of the challenges faced by taxpayers in meeting the statutory and regulatory compliances under Goods & Services Tax (GST) law due to the outbreak of the second wave of COVID-19 pandemic, the Government has issued notifications,…

Business

RBI Governor meets MD & CEOs of Small Finance Banks over Video Conference

May 2, 2021

The Governor, Reserve Bank of India (RBI) held a meeting with the MD/CEOs of Small Finance Banks on April 30, 2021 through video conference. The meeting was attended by Deputy Governors M. K. Jain, Dr. M.D. Patra, M. Rajeswar Rao and a few…

Business

Results of Underwriting Auctions Conducted on April 30, 2021

May 2, 2021

In the underwriting auctions conducted on April 30, 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…

National

GST Revenue collection for April’ 21 sets new record

May 1, 2021

The gross GST revenue collected in the month of April’ 2021 is at a record high of Rs. 1,41,384 crore of which CGST is Rs. 27,837 crore, SGST is Rs. 35,621, IGST is Rs 68,481 crore (including Rs. 29,599 crore collected on import of goods)…

National

1st instalment of Rs. 8873.6 crore for State Disaster Response Fund (SDRF) released in advance

May 1, 2021

As a special dispensation, the Department of Expenditure, Ministry of Finance at the recommendation of Ministry of Home Affairs has released in advance of the normal schedule the 1st instalment of the Central Share of the State Disaster…

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