BUSINESS

Govt to press ahead with PSU stake sale: FM

10:29 pm December 17, 2020

New Delhi/Kolkata: The government will press ahead with the sale of public sector companies that have been approved by the Cabinet, Finance Minister Nirmala Sitharaman said on Thursday. Highlighting that FDI flow into India is much higher compared to other emerging economies, she said India’s strong macroeconomic fundamentals, ability to do reforms and a stable […]

Rupee settles flat at 73.59 against US dollar

7:44 pm December 17, 2020

Mumbai: The Indian rupee ended just 1 paisa lower at 73.59 against the US dollar on Thursday despite a weak greenback overseas and a firm trend in the domestic equity markets. RBI’s intervention to absorb the dollar inflows kept the rupee steady, traders said. At the interbank forex market, the local unit opened at 73.52 […]

Ambani says will provide technology tools for COVID-19 vaccination drive

8:27 pm December 15, 2020

New Delhi: As India gets ready to roll out one of the largest vaccine programmes, billionaire Mukesh Ambani on Tuesday said his group is working with authorities to provide technology tools and backbone for mass inoculation against COVID-19. Ambani’s telecom venture Jio was rolled out four years back, offering free voice calling and dirt-cheap data. Today, Jio is India’s largest telecom […]

India will grow to be among top 3 economies in 2 decades: Ambani

2:33 pm December 15, 2020

New Delhi: Richest Indian Mukesh Ambani on Tuesday said India will grow to be among the top three economies in the world in the next two decades and per capita income would more than double. At a fireside chat with Facebook head Mark Zuckerberg, he said India’s middle-class, which is about 50 per cent of the nation’s total […]

BSE launches e-agricultural spot market platform

3:28 pm December 11, 2020

New Delhi: Leading stock exchange BSE on Friday said it has launched an electronic spot platform for agricultural commodities. The platform– BSE e-Agricultural Markets Ltd (BEAM) — will function as a national level, institutionalized, electronic, transparent commodity spot trading platform in line with the prime minister’s vision to create a ”single market”, the exchange said […]