Sunday, October 2nd, 2022

Category: Business

India Makes Strong Pitch To Major US Firms For Investing In Oil And Gas Production

Favourable geology, open data access, supporting policy regime and ease of doing business were the major drivers to attract potential US players to invest in India’s energy and petroleum growth wave during a two-day...

Concessional Import Duties On Edible Oils In Place Till March 2023

Concessional import duties on specified edible oils are in place till March 2023, the food ministry said on Sunday.  This decision was taken on August 31, 2022 by the Central Board of Indirect Taxes...

ONDC Seeks Public Comments On 24 Issues To Strengthen Its Network

ONDC, a government entity to democratise e-commerce in India, has sought public comments on 24 issues pertaining to payments, fulfilment of orders, refunds and cancellations to build trust among network participants. Open Network for...

Housing Sales Up 87% In Jan-Sep In 7 Cities; Sales Till Sep Breach Full 2019 Figure: Anarock

Housing sales rose 87 per cent in January-September across seven cities to 2,72,709 units and breached the transactions clocked in entire 2019 pre-COVID year on strong demand, according to Anarock. Sales stood at 1,45,651...

FPIs Turn Net Sellers Again; Withdraw Rs 7,600 Cr From Equities In Sep

After infusing funds in the last two months, foreign investors turned sellers again in September and pulled out over Rs 7,600 crore from the Indian equity markets amid hawkish stance by the US Fed...

SME IPOs Catch Investors’ Fancy; 87 Hit Primary Market To Raise Rs 1,460 Crore In Jan-September

Strong performance of past IPOs spurred investors’ interest, with 87 small and medium enterprises (SMEs) garnering Rs 1,460 crore through initial share-sales in the first nine months of the year. This was way higher...

Suzlon Energy Chairman Tulsi Tanti Passes Away

Suzlon Energy Ltd. founder and chairman Tulsi Tanti passed away on Sunday following a cardiac arrest. Tanti spearheaded the wind revolution in India with the founding of Suzlon Energy in 1995. Tanti was also...

Inflation May Fall To 5.2% Next Fiscal On Normal Rains: RBI Report

Persistently high inflation remains a key policy concern for the Reserve Bank, which has raised rates aggressively so far this year, but the pressure might ease next fiscal assuming normal rains and further normalisation...

Global Factors, Macroeconomic Data To Drive Markets In Holiday-Shortened Week Ahead: Analysts

Equity market will be guided by global trends, macroeconomic data announcement and foreign fund movement in a holiday-shortened week ahead, analysts said. Movement of the rupee and Brent crude oil will also remain in...

Should You Spread Your Money Across Multiple Bank Accounts For Safety, Liquidity?

The Reserve Bank of India (RBI) recently cancelled the licenses of some cooperative banks, and that has spooked a lot of customers over the safety of their money.  So, should you spread your money...