To cater to the rising demand for international travel to and from India, Abu Dhabi-based Etihad Airways plans to add flight services to Kozhikode and Thiruvananthapuram, an airline offical said. The two new flight services will commence from January 1.Currently, Etihad and its sister concern Air Arabia jointly operate a network of 232 weekly flights […]
The government has released Rs 2,874.71 crore to the beneficiaries of the production-linked incentive scheme till March, with a majority of companies from eight sectors like electronics, telecom, pharma and food processing, a senior official said on Wednesday. Additional Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Rajeev Singh Thakur said […]
The rapid formalisation of the economy is widely believed to have a short-term adverse effect on small industries and unorganised trade, which account for a pretty large part of India’s industrial output and income generation. But this has made banking services accessible to large segments of the micro, small and medium enterprises (MSMEs), and would […]
Oil prices edged marginally higher on Friday, extending for a second session on strong U.S. economic data and strengthening hope that the reopening of the Chinese economy would boost demand. Brent futures gained 30 cents, or 0.3%, to $87.66 a barrel by 0113 GMT, while U.S. crude rose 21 cents to $81.22 per barrel, a […]
SGX Nifty hinted that the domestic equity indices could see a flat start. On the Singapore Exchange, Nifty futures were trading lower, down 8 points, at the 17,251 level. On Wednesday, markets gained as Nifty reclaimed the 17,000 level, while Sensex settled at 57,960, about 350 points. “The home market is being impelled to stay […]
The rupee depreciated by 24 paise to close at 82.44 (provisional) against the US dollar on Friday weighed down by the strength of the American currency and massive selling in the domestic equity market. At the interbank foreign exchange market, the local unit opened lower by 12 paise at 82.32 as the US dollar rebounded […]
The Securities and exchange board of India has allowed alternative investment funds) to participate in credit default swaps (CDS) as protection for both buyers and sellers. Category I and Category II AIFs may buy CDS on underlying investment in debt securities, only for the purpose of hedging. Category III AIFs may buy CDS for hedging […]
1/6 Coronavirus outbreak in India: With the increasing number of Coronavirus cases in India, Delhi Metro trains and stations are being sanitised and cleaned more frequently. In the wake of this recent outbreak, the Delhi Metro Rail Corporation (DMRC) has taken some extra measures for sanitising and cleaning the Delhi Metro stations and trains. In […]
Infrastructure investment trust Bharat Highways InvIT has filed draft prospectus with the capital markets regulator Sebi to mop-up Rs 2,000 crore through an initial public offering (IPO). Proceeds of the issue will be used to repay certain loans obtained by the Project SPVs (special purpose vehicles) and for general corporate purposes, according to the draft […]
By Dharmesh Shah Equity benchmarks snapped the two weeks losing streak and concluded a truncated week on a positive note as Nifty settled at 17916, up 1.4%. The broader markets relatively outperformed as Nifty midcap and small-cap rose 3.2% and 2.5% respectively. Sectorally, all major indices ended in green led by IT, Metal, PSU Bank, […]
网站备案号: 粤ICP备16118000号-1