|
Headline
|
|
|
450 infra projects report cost overrun of Rs 4.28 lakh cr
New Delhi, Jan 26 (IANS) As many as 450 infrastructure projects have reported a cost overrun of over Rs 4.28 lakh crore as of January 1, 2021, data from the Ministry of Statistics and Programme Implementation showed.
2021-01-26
Category: India, Delhi,Business/Economy,Politics
|
|
|
Global LNG demand will be driven by Asia-Pacific: ICRA
New Delhi, Jan 26 (IANS) The global demand for LNG will be driven by the Asia-Pacific and particularly China, ratings agency ICRA said in a report.
2021-01-26
Category: India, Delhi,Business/Economy
|
|
|
Faster recovery from Covid restrictions to boost India's growth to 11%: Gopinath (Ld)
New York, Jan 26 (IANS) India is coming back much faster than expected from the Covid-19 restrictions leading to a hike in projections for its economic growth rate to 11.5 per cent for the next fiscal year, Gita Gopinath, the International Monetary Fund's research head said on Tuesday.
2021-01-26
Category: International, United States,Business/Economy
|
|
|
New RBI proposal for NBFC funding in IPOs to help primary issues in restoring sanity (Opinion)
The Reserve Bank of India issued a discussion paper last Friday on regulations concerning NBFCs. The crux of these regulations is to reduce significantly the arbitrage between NBFCs and banks. The other area of significance is IPO funding where currently it is a free for all with NBFCs employing as much as Rs 75,000-80,000 crore in this activity whenever there is an IPO. RBI has now proposed a cap of Rs 1 crore per person.
2021-01-26
Category: India, New Delhi,Business/Economy
|
|
|
'Higher allocation needed for power distribution infra in Budget FY22'
New Delhi, Jan 26 (IANS) The Centre needs to come up with higher budgetary allocation for power distribution infrastructure in the upcoming Union Budget, sector stakeholders and experts said.
2021-01-26
Category: India, Delhi,Business/Economy
|
|
|
|
|
Missed train from Delhi, get full ticket refund: Northern Railway
New Delhi, Jan 26 (IANS) In view of the violent clashes across several parts of the national capital during the farmers' tractor rally on Tuesday, the Northern Railway said that the passengers who cannot reach stations are requested to apply for full refund of all trains departing from all the stations in Delhi.
2021-01-26
Category: India, Delhi,Business/Economy
|
|
|
TCS' brand value up by $1.4bn, highest in IT services in 2020
Mumbai, Jan 26 (IANS) The brand value of Tata Consultancy Services (TCS) grew by $1.4 billion in 2020 over the prior year which is the highest absolute growth among the 25 companies assessed in a pandemic-hit year, a new report said on Tuesday.
2021-01-26
Category: India, Maharashtra,Business/Economy,Technology
|
|
|
'Conducive policies required for growth of altnernate energy'
New Delhi, Jan 26 (IANS) The Centre needs to provide a conducive policy environment to encourage the private sector's participation in the alternate energy segment to support the sector's growth, said Karanraj Chaudri, Advisor, Social Impact Investments at United Nations Development Programme (UNDP) for India and South-Asia.
2021-01-26
Category: India, Delhi,Business/Economy
|
|
|
Flaming petrol prices to fuel CNG vehicles adoption: Report
New Delhi, Jan 26 (IANS) Elevated prices of petrol due to a steep increase in taxes in the recent past is set to increase the adoption of compressed natural gas (CNG)-driven vehicles, Crisil Research said.
2021-01-26
Category: India, Delhi,Business/Economy
|
|
|
Oil and Gas sector leads profit pool, says MOFSL report
New Delhi, Jan 26 (IANS) The oil and gas sector has emerged as one of the largest contributor to the overall profit or dividend pool, said Motilal Oswal Financial Services in a report.
2021-01-26
Category: India, Delhi,Business/Economy
|
|
|
|
|
GDP growth for FY21 seen at minus 8%: FICCI Survey
New Delhi, Jan 26 (IANS) India's GDP is likely to contract by 8 per cent in the current financial year, according to the FICCI's Economic Outlook Survey.
2021-01-26
Category: India, Delhi,Business/Economy
|
|
|
India's 2020 GDP contraction estimated at 9.6% (Ld)
New Delhi, Jan 26 (IANS) India's economy is estimated to have contracted by 9.6 per cent in 2020 due to the coronavirus pandemic.
2021-01-26
Category: India, Delhi,Business/Economy
|
|
|
HAM-based models better suited for growth of water sector: Ind-Ra
New Delhi, Jan 26 (IANS) Concession model framework for water sectors are better at addressing project risks and will lead to higher investments in this field, India Ratings and Research said in a report.
2021-01-26
Category: India, Delhi,Business/Economy
|
|
|
Agri-NBFCs seek parity with banks, want inclusion in govt subsidy schemes
New Delhi, Jan 26 (IANS) In a bid to strengthen Agri-NBFCs and help it become a significant contributor in financing the entire value chain of agriculture, the government may consider including these financial institutions in all state supported subsidy schemes and programmes.
2021-01-26
Category: India, Delhi,National,Business/Economy
|
|
|
Budget: Tough balancing act for govt, says Report
New Delhi, Jan 26 (IANS) The Budget 2021-22 may see the trade-off to become more acute between stimulating growth, and maintaining fiscal rectitude, Kotak Institutional Equities said in a pre-budget note.
2021-01-26
Category: India, Delhi,Business/Economy
|
|
|
RBI's proposed NBFC norms ignore key credit issues: Moody's
New Delhi, Jan 26 (IANS) The Reserve Bank of India's (RBI) proposed stricter norms for non-banking financial companies (NBFC) support strong balance sheets but do not address the issues of funding and liquidity, the key credit weaknesses of the sector, said a report by Moody's Investors Service.
2021-01-26
Category: India, Delhi,Business/Economy
|
|
|
RBI proposals to restrict land financing by NBFCs: Report
New Delhi, Jan 26 (IANS) The Reserve Bank's proposals on restricting specific real estate funding by NBFCs will significantly affect land financing by them, India Ratings and Research (Ind-Ra) said in a report.
2021-01-26
Category: India, Delhi,Business/Economy
|
|
|
Make in India boost, oil cess may be halved
New Delhi, Jan 26 (IANS) The government may give a 'Make in India' push to oil and gas explorers, as it is considering a proposal to almost halve cess on domestic crude oil to encourage exploration activity and allow Covid-hit oil producers to protect their margins.
2021-01-26
Category: India, Delhi,Business/Economy
|
|
|
Budget FY22: Realtors expect subvention scheme, wider definition of affordable housing
New Delhi, Jan 26 (IANS) As the housing market revives from the lows hit last year, developers expect more measures in the upcoming budget to boost demand in the real estate sector.
2021-01-26
Category: India, Delhi,Business/Economy
|
|
|
Steepest 35-paise hike in petrol, diesel prices on Republic Day
New Delhi, Jan 26 (IANS) Petrol and diesel prices witnessed the steepest single-day hike in several months on the Republic Day on Tuesday as oil marketing companies raised the prices of the two auto fuels by 35 paise per litre.
2021-01-26
Category: India, Delhi,Business/Economy
|
|
|
Lagarde predicts recovery with high level of uncertainty
Frankfurt, Jan 26 (IANS) Christine Lagarde, President of the European Central Bank (ECB), said on Monday that 2021 could be a year of recovery, but that would most likely be accompanied by a "very high level of uncertainty" before achieving the transition to a "new economy".
2021-01-26
Category: International, United States,Business/Economy
|
|
|
UN expects India's economy to recover by 7.3% this calendar year
United Nations, Jan 26 (IANS) The United Nations sees the Indian economy recovering by 7.3 per cent this calendar year after a coronavirus-driven fall of 9.6 per cent last year.
2021-01-26
Category: International, United States,Business/Economy
|
|
|
Kia Motors India sold 1 lakh units since July (Ld)
New Delhi, Jan 25 (IANS) Automobile manufacturer Kia Motors India has sold 1 lakh units since July 2020 in the domestic wholesale market.
2021-01-25
Category: India, Delhi,Business/Economy
|
|
|
Blueprint to be prepared for dispersing IT growth in Hyderabad
Hyderabad, Jan 25 (IANS) Telangana Chief Secretary Somesh Kumar on Monday directed officials to prepare a blueprint for the development of information technology in all areas around Hyderabad under the IT Grid policy.
2021-01-25
Category: India, Andhra Pradesh,Business/Economy,Technology
|
|
|
UPL Chief Shroff, 4 others get Padma awards for trade and industry
New Delhi, Jan 25 (IANS) Five persons from the field of trade and industry have been conferred the prestigious Padma awards for their contributions.
2021-01-25
Category: India, Delhi,Business/Economy
|
|
|
Foreign fund outflows, profit booking pull equity markets lower (Intro Roundup)
Mumbai, Jan 25 (IANS) Foreign fund outflows, along with profit booking, pulled the Indian benchmark equity indices lower for the third straight session on Monday.
2021-01-25
Category: India, Maharashtra,Business/Economy
|
|
|
L&T's Q3 consolidated net profit up 4.9%
Mumbai, Jan 25 (IANS) Infrastructure and engineering conglomerate Larsen & Toubro (L&T) on Monday reported a 4.9 per cent increase in its consolidated net profit for the quarter ended December 31, 2020.
2021-01-25
Category: India, Maharashtra,Business/Economy
|
|
|
Kia Motors India sells 1 lakh units since July
New Delhi, Jan 25 (IANS) Automobile manufacturer Kia Motors India has sold 1 lakh units since July 2020 in the domestic wholesale market.
2021-01-25
Category: India, Delhi,Business/Economy
|
|
|
Centre set to permanently ban 59 Chinese apps
New Delhi, Jan 25 (IANS) The Union Government has decided permanently ban 59 Chinese mobile applications including TikTok.
2021-01-25
Category: India, Delhi,Business/Economy,Technology
|
|
|
Over 310 UDAN air routes operatilonalised till date
New Delhi, Jan 25 (IANS) India has till date operationalised 311 air routes under the regional connectivity scheme 'Ude Desh Ka Aam Nagrik' or RCS-UDAN.
2021-01-25
Category: India, Delhi,Business/Economy
|
|
|
FDI flow into India grows 13% in 2020
New Delhi, Jan 25 (IANS) Foreign Direct Investments (FDI) into India rose 13 per cent in 2020, backed by investments into the digital sector, said a report by the United Nations Conference of Trade and Development (UNCTAD).
2021-01-25
Category: India, Delhi,Business/Economy
|
|
|
Franklin Templeton case: SC says objection to e-voting contentious, will deal first
New Delhi, Jan 25 (IANS) The Supreme Court on Monday said it will first deal with the "contentious" issue of the objection to the e-voting process for winding up Franklin Templeton's six mutual fund schemes, and of distribution of money to the unitholders.
2021-01-25
Category: India, Delhi,Business/Economy,Immigration/Law/Rights
|
|
|
Bullet train project: L&T-IHI Infrastructure systems wins contract for 28 steel bridges
New Delhi, Jan 25 (IANS) The National High Speed Rail Corporation Limited (NHSRCL) has awarded a contract for procurement and fabrication of 28 steel bridges to L&T-IHI Infrastructure Systems consortium worth Rs 1,390 crore for crossing over railway lines, rivers, highways, roads and other structures for the ambitious 508-km Mumbai-Ahmedabad High Speed Rail Corridor, officials said on Monday.
2021-01-25
Category: India, Delhi,Business/Economy
|
|
|
Foreign fund outflows, profit booking pull equity markets lower (Roundup)
Mumbai, Jan 25 (IANS) Foreign fund outflows, along with profit booking, pulled the Indian benchmark equity indices lower for the third straight session on Monday.
2021-01-25
Category: India, Maharashtra,Business/Economy
|
|
|
NABARD estimates Odisha's credit potential at Rs 1,10,735 cr
Bhubaneswar, Jan 25 (IANS) The National Bank for Agriculture and Rural Development (NABARD) has assessed a total credit requirement of Rs 1,10,735 crore for Odisha for the year 2021-22.
2021-01-25
Category: India, Orissa,Business/Economy
|
|
|
Apple doubled its India smartphone market share in Q4 2020
New Delhi, Jan 25 (IANS) Riding on the stellar performance of iPhone 11 and XR, Apple for the first time doubled its smartphone market share in India to nearly 4 per cent in the festive quarter of 2020, a new report said on Monday.
2021-01-25
Category: India, Delhi,Business/Economy,Technology
|
|
|
Recovering Fortunes: Yes Bank sees signs of reaching pre-Covid levels soon
Mumbai, Jan 25 (IANS) Private lender Yes Bank has witnessed internal as well as external indicators of fast-paced economic recovery leading to pre-Covid operational levels.
2021-01-25
Category: India, Maharashtra,Business/Economy
|
|
|
Worldwide IT spending to grow 6.2% in 2021: Gartner
San Francisco, Jan 25 (IANS) After a decline in the pandemic-hit 2020, worldwide IT spending is projected to total $3.9 trillion in 2021, an increase of 6.2 per cent from the previous year, according to the latest forecast by Gartner on Monday.
2021-01-25
Category: International, Costa Rica,Business/Economy,Technology
|
|
|
Kotak Mahindra Bank logs 11% growth in Q3 net profit
Mumbai, Jan 25 (IANS) Kotak Mahindra Bank on Monday reported a 10.76 per cent increase in its consolidated net profit for the October-December quarter at Rs 2,601.67 crore.
2021-01-25
Category: India, Maharashtra,Business/Economy
|
|
|
13th Instalment of Rs 6K cr released to States to meet GST compensation shortfall
New Delhi, Jan. Jan 25 (IANS) The Ministry of Finance has released the 13th weekly instalment of Rs 6,000 crore to the states on Monday to meet the GST compensation shortfall.
2021-01-25
Category: India, Delhi,Business/Economy
|
|
|
CII pushes for Digital Infra Fund with more Govt investment, for inclusive growth and employment
New Delhi, Jan. Jan 25 (IANS) In the run-up to the upcoming Union Budget, the Confederation of Indian Industry (CII) has sought creation of 'Broadband Infrastructure Fund' towards building digital infrastructure.
2021-01-25
Category: India, Delhi,Business/Economy
|
|
|
Goa's Mopa airport to be commissioned by Aug 22: Guv
Panaji, Jan 25 (IANS) The upcoming Mopa greenfield airport in Goa is expected to be commissioned by August 2022, Governor Bhagat Singh Koshyari said on Monday.
2021-01-25
Category: India, Goa,Business/Economy
|
|
|
WFH norm creates tax challenges for SEZs, clarification expected in Budget
New Delhi, Jan 25 (IANS) The Covid-induced work from home (WFH) norms at workplaces has presented special challenges even for the government to mould tax regulations that take note of the new norm.
2021-01-25
Category: India, Delhi,Business/Economy
|
|
|
ED raids 10 locations of Omkar group in Mumbai
Mumbai, Jan 25 (IANS) The Enforcement Directorate (ED) on Monday carried out raids at 10 locations in Mumbai linked to the Omkar Group builders and its officials Babulal Verma and Kamal Kishore Gupta in connection with a money laundering case.
2021-01-25
Category: India, Maharashtra,Business/Economy
|
|
|
'Govt's primary spending to grow 2nd lowest in two decades in FY22'
New Delhi, Jan 25 (IANS) With constrained revenue position running well into next financial year and country's fiscal position under strain, the government would have no option but to limit its expenditure to come back on path of fiscal consolidation and reduce its heavily enlarged deficit.
2021-01-25
Category: India, Delhi,Business/Economy
|
|
|
Indian billionaires increased their wealth by 35% during Covid
New Delhi, Jan 25 (IANS) As the pandemic severely hit the economy leaving millions out of job, the wealth of Indian billionaires increased by 35 per cent during the lockdown and by 90 per cent since 2009 to $422.9 billion, ranking India sixth after the US, China, Germany, Russia and France, a new report by Oxfam said on Monday.
2021-01-25
Category: India, Delhi,Business/Economy,Human Interest/Society
|
|
|
Fuel prices rise hold for 2nd consecutive day
New Delhi, Jan 25 (IANS) Petrol and diesel prices remain unchanged on Monday after reaching new all-time high levels as oil marketing companies decided to take a pause, and wait and watch the situation before taking a call on further revision of auto fuel prices to bridge the widening under recovery.
2021-01-25
Category: India, Delhi,Business/Economy
|
|
|
Sensex sheds gains amid volatile trade
Mumbai, Jan 25 (IANS) The key Indian equity indices pared initial gains on Monday morning and traded on a negative note.
2021-01-25
Category: India, Maharashtra,Business/Economy
|
|
|
Bullet Train Project: Tender for undersea tunnel yet to be floated
New Delhi, Jan 25 (IANS) The National High Speed Rail Corporation Limited (NHSRCL) is yet to float the tenders for the undersea tunnel for Mumbai-Ahmedabad Bullet train project. Seven Indian companies have shown interest for the construction of the underground station at BKC, Mumbai in the pre-bidding stage, officials said on Monday.
2021-01-25
Category: India, Delhi,Business/Economy
|
|
|
Home sales improves by 50% in Oct-Dec: Report
New Delhi, Jan 24 (IANS) Home sales across major cities improved by 50 per cent in October-December 2020 on a quarter-on-quarter basis, according to a report by 99acres.com.
2021-01-24
Category: India, Delhi,Business/Economy
|
