Category: Business News
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Now onion will start getting cheaper, a big order has been issued regarding this!
(Satya Havilah, Intern Journalist) New Delhi: Cooperative association Nafed said on Friday that it has issued orders for the supply of 15,000 tonnes of imported onions and the bidders have been finalized in this regard. NAFED said that this would increase availability in the domestic market and keep prices under control. Nafed further said that…
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NFL reported sharp growth in sales of SSP and bentonite sulfur
(Satya Havilah, Intern Journalist) New Delhi: To promote balanced use of fertilizers in the country, National Fertilizers Limited (NFL) provides farmers with non-urea fertilizers like DAP, MOP, NPK, and sulfur-based fertilizers. Is encouraging to use. With these efforts, the company has recorded an increase in sales of all non-urea fertilizers in the first seven months…
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Big shock for bank customers, Finance minister key decision!
(Satya Havilah, Intern Journalist) New Delhi: The central government has taken a key decision. The bank has announced that it will provide relief to its customers. Public sector banks have dismissed media reports that PSBs have increased service charges. The Finance Ministry has assured that public sector banks will not raise service charges shortly during…
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Gold prices soar Silver shine too fast
(Harleen Kaur, Intern Journalist) New Delhi Gold and silver prices were seen on Monday. According to HDFC Securities, 24-carat quality gold rose by Rs 103 to Rs 51,286 per 10 grams in the national capital. In the previous session, the price of gold was Rs 51,183 per 10 grams. Similarly, silver rose by Rs 793…
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LPG gas sinks for costumers, commercial cylinder price increases
(Satya Havilah, Intern Journalist) New Delhi: Gas cylinder prices remained unchanged for November. To this end, the oil companies have released a price list for this month. No change in prices for the third month in a row. No change in August and September. Only the price of a commercial cylinder rose slightly in October.…
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Rupee, bond market trading time hike
(Satya Havilah, Intern Journalist) Mumbai: The Reserve Bank of India (RBI) is raising the rupee and bond market trading hours. Corona decided to increase trading hours as sanctions gradually eased. Foreign Currency, Rupee Market (Forex Derivatives), Government Securities, Commercial Paper, Certificate of Deposit) will be increased by another 1.50 hours. Currently, the rupee market closes…
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RBI imposed a fine of one crore on Jio Payments Bank
(Pooja Dubey, Intern Journalist) The Reserve Bank of India (RBI) has imposed a penalty of Rs 1 crore on Jio Payments Bank. The penalty has been imposed by the central bank for delaying reporting of the re-appointment of the Managing Director (MD) and Chief Executive Officer (CEO). The penalty imposed on not following the rules…
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The country’s economy is back on track
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(Pooja Dubey, Intern Journalist) Due to the lockdown caused by the coronavirus, the economy has started returning to track again. Finance Secretary Ajay Bhushan Pandey has indicated in this regard. He said that the government’s tax collection has accelerated. Also, due to the incentives given by the government in view of Corona, economic indicators are…
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Reliance’s profit was Rs 9,567 crore
(Milcah Anila, Intern Journalist) NEW DELHI: Industrial giant Reliance Industries’ net profit fell in the second quarter of this fiscal on the back of a sharp decline in revenue from the key oil and chemicals segment. Profit fell 15 percent to Rs. 9,567 crore. Profit for the same period last fiscal was Rs. 11,262 crores.…