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

With the return of physical exhibitions after a year, Greater Noida’s India Expo Mart all set to regain its footing

Mar 6, 2021

After a year full of instability, confusion and panic, the MICE industry has started to regain its footing, thanks to the drop in Covid cases in the last 6 months, vaccine rollout and rebound of Indian economy. With it, Greater Noida's India Expo Mart, a premier exhibition hub, is also set for a recovery with the return of physical exhibitions at…

Digital transformation through Blockchain and Smart Contracts will help create a thriving economy:…

Mar 5, 2021

NEW DELHI, 05 March 2021: Bharat Mallapur, Chief Technology Officer, EMURGO Academy yesterday said that digital transformation and smart contract will help create a thriving economy and realize the vision of minimum government, maximum…

New Delhi

Consultative approach of the government in forming policy for chemicals & petrochemicals sector:…

Mar 5, 2021

NEW DELHI, 05 March 2021: DV Sadananda Gowda, Minister of Chemicals & Fertilizers, Govt of India today emphasized that the government is working on a consultative approach in forming the policies for India chemicals and petrochemicals…

National

CGST East Delhi Commissionerate arrests two for defrauding Government Exchequer of more than Rs 392…

Mar 5, 2021

In their continuous endeavour to uproot fake billing operations, officers of Central Goods and Services Tax (CGST) Commissionerate, Delhi (East) achieved yet another success when investigations led to unearthing of a massive network of…

Business

Results of Underwriting Auctions Conducted on March 05, 2021

Mar 5, 2021

In the underwriting auctions conducted on March 05, 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…

Business

Money Market Operations as on March 04, 2021

Mar 5, 2021

Money Market Operations as on March 04, 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 –…

Mar 5, 2021

Reserve Bank of India vide directive DCBS.CO.BSD-I./D-14/12.22.254/2018-19 dated May 03, 2019 had placed the Shivaji Rao Bhosale Sahakari Bank Ltd., Pune, Maharashtra under Directions from the close of business on May 04, 2019. The validity…

Business

Auction of State Government Securities

Mar 5, 2021

The following State Governments have offered to sell securities by way of an auction, for an aggregate amount of ₹ 21,673 Cr. (Face Value). Sr. No. State Amount to be raised (₹ Cr) Additional Borrowing (Greenshoe) Option (₹ Cr)…

Business

RBI Announces Special Open Market Operations (OMO) Simultaneous Purchase and Sale of Government of…

Mar 5, 2021

On a review of current liquidity and financial conditions, the Reserve Bank has decided to conduct simultaneous purchase and sale of Government securities under Open Market Operations (OMO) for an aggregate amount of ₹20,000 crore under…

Business

Results of OMO Purchase and Sale auction held on March 04, 2021 and Settlement on March 05, 2021

Mar 5, 2021

A. I. SUMMARY - OMO PURCHASE RESULTS Aggregate Amount (Face value) notified by RBI : ₹ 15,000 crore Total amount offered (Face value) by participants : ₹ 56,970 crore Total amount accepted (Face value) by RBI : ₹…

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