Automakers agree to offer discount
The automobile industry has agreed to a government proposal to give a discount of 1 % on purchasing new vehicles if, correspondingly, an old one is scrapped. The government wants to incentivise scrapping old vehicles because of apprehensions of a backlash from the transporter lobby.Union Minister of Road Transport and Highways Nitin Gadkari had a […]
Clean targets: Industry wants gas pricing freedom
In early October, the government came up with a new model offering marketing and pricing freedom to natural gas producers in India, clearing a standardised e-bidding process for price discovery from new production areas and high-pressure, high-temperature fields. This was a significant modification of the administered pricing mechanism that has prevailed in the gas market […]
Farm and rural ministries record huge jump
Rural development and agriculture ministries have stood apart from the rest with huge annual increases of 75% and 30%, respectively, in their budgetary expenditures in the first half of the current financial year, even as the Centre’s overall Budget spending during the period remained flat on year and its capex declined by 12%. The rural […]
Markets jump on banking stocks gain
Equities rallied on Tuesday for the second straight session ahead of the US Federal Reserve meeting and on strong global cues. The rally in the last two sessions has been led by the banking stocks after the outlook improved for their business. Nifty rose as much as 3.17% on Tuesday. In the last two sessions […]
ಈರುಳ್ಳಿ ಬೆಲೆ ಡೋಲಾಯಮಾನ
ಈರುಳ್ಳಿ ಬೆಲೆ ಗಗನ ಮುಟ್ಟಿದೆ. ಈ ಹಿನ್ನೆಲೆಯಲ್ಲಿ ಕೊರತೆಯನ್ನು ನೀಗಿಸಲು ಹಾಗೂ ಬೆಲೆ ನಿಯಂತ್ರಣಕ್ಕೆ 25 ಸಾವಿರ ಟನ್ ಈರುಳ್ಳಿಯನ್ನು ಆಮದು ಮಾಡಿಕೊಳ್ಳಲು ಕೇಂದ್ರ ನಿರ್ಧರಿಸಿದೆ. ರಾಷ್ಟ್ರೀಯ ಕೃಷಿ ಸಹಕಾರಿ ಮಾರುಕಟ್ಟೆ ಒಕ್ಕೂಟ(ನಾ¥sÃಡ್) ಕೂಡ ಈರುಳ್ಳಿ ಆಮದಿಗೆ ಒಪ್ಪಿಗೆ ನೀಡಿದೆ. ಜತೆಗೆ, ಆಲೂಗಡ್ಡೆಯನ್ನೂ ಆಮದು ಮಾಡಿಕೊಳ್ಳಲು ನಿರ್ಧರಿಸಲಾಗಿದೆ. ಆಲೂಗಡ್ಡೆ ಮೇಲಿನ ಕಸ್ಟಂಸ್ ಸುಂಕವನ್ನು ಜನವರಿವರೆಗೆ ಅನ್ವಯ ಆಗುವಂತೆ ಶೇ. 10ಕ್ಕೆ ಇಳಿಕೆ ಮಾಡಲಾಗಿದೆ. 30 ಸಾವಿರ ಟನ್‌ಗಳಷ್ಟು ಆಲೂಗಡ್ಡೆ ಭೂತಾನ್‌ನಿಂದ ಆಗಮಿಸÀಲಿದೆ. ದೇಶದಲ್ಲಿ ಈರುಳ್ಳಿ ಚಿಲ್ಲರೆ ಮಾರಾಟ […]
ರಿಲಯನ್ಸ್ ಷೇರು ಮೌಲ್ಯ ಇಳಿಕೆ
ರಿಲಯನ್ಸ್ ಇಂಡಸ್ಟ್ರೀಸ್ ಲಿಮಿಟೆಡ್(ಆರ್‌ಐಎಲ್)ನ ನಿವ್ವಳ ಲಾಭ ಎರಡನೇ ತ್ರೈಮಾಸಿಕದಲ್ಲಿ ಶೇ.15ರಷ್ಟು ಕುಸಿದ ಹಿನ್ನೆಲೆಯಲ್ಲಿ ಕಂಪನಿಯ ಷೇರು ಮೌಲ್ಯ ಶೇ.9ರಷ್ಟು ಕುಸಿತ ಕಂಡಿದೆ. ಇದರಿಂದ ಕಂಪನಿಯ ಮಾರುಕಟ್ಟೆ ಬಂಡವಾಳ ಮೌಲ್ಯ 1.19 ಲಕ್ಷ ಕೋಟಿ ರೂ. ಕರಗಿದೆ. ಬಿಎಸ್‌ಇನಲ್ಲಿ ಶೇ.8.62ರಷ್ಟು ಇಳಿಕೆ ಕಂಡ ಪ್ರತಿ ಷೇರಿನ ಬೆಲೆ 1,877.30 ರೂ. ಹಾಗೂ ಎನ್‌ಎಸ್‌ಇನಲ್ಲಿ ಶೇ.೮.೬೧ರಷ್ಟು ಇಳಿಕೆಯಾಗಿ ಪ್ರತಿ ಷೇರಿನ ಬೆಲೆ 1,877.45 ರೂ.ಗೆ ತಲುಪಿದೆ. Courtesyg: Google (photo)
Rural joblessness jumps to 6.9% in Oct as NREGS hiring slows
India’s rural unemployment rate climbed more than 100 basis points month-on-month (m-o-m) in October with the region seeing a significant fall in the creation of person-days under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), even as the summer crops harvest season kicked off. Rural unemployment climbed to 6.9% in October against 5.86% in […]
PhonePe hits payment volume of $277 bn
At a time when Unified Payments Interface (UPI) transactions breached the 2- billion mark in October, digital payments firms PhonePe and Paytm have also touched new milestones. Walmar-towned digital payments firm PhonePe said it has crossed the 250-million registered user milestone. The company reported over 100 million monthly active users and 2.3 billion app sessions […]
Manufacturing PMI rises to decade high
India’s manufacturing may be back on track, rebalancing itself from the Covid-19 impact, the purchasing managers index (PMI) data, released by IHS Market on Monday, shows. The country’s manufacturing PMI rose to 58.9 in October, the highest it has achieved in more than a decade. Driven by robust sales, the pace gathered by manufacturing output, […]