Officials of the Bharat Electronics Limited (BEL) have said that international clients are on its roster for the export of L-Band 3D Air Surveillance Radar…
Agri-exports to grow by 15-20% in FY22
The financial year 2021 brought some much-needed relief to exports. There was a month-on-month growth on the back of pent-up demand, enhanced liquidity, and the…
Bangladesh may become India’s fourth-largest export destination in FY22
New Delhi: Bangladesh may become India’s fourth-largest export destination in FY22, jumping five places in two years. This comes as the economic boom of the eastern neighbour continues…
Rupee surge by 29 paise to over a month high of Rs. 74.42
Mumbai: The rupee surged 29 paise to close at a more than one-month high of 74.42 against the US dollar on Thursday following year-end dollar…
Indian telecom service prices may go up by next year with next-gen 5g looming
After raising tariffs by 20%-25% recently, India’s mobile operators may resort to another price hike next year as the world’s second-biggest market for telecom services…
Govt. food subsidy expected to be a little less than Rs. 4 lakh cr in FY22: Food Secy
New Delhi: The government’s food subsidy is expected to be a little less than Rs 4 lakh crore in the financial year 2021-22 as against…
CCI nods to the acquisition of 96.42% equity shares in Jindal Power Limited by Worldone Private Ltd.
The Competition Commission of India (CCI) approves the acquisition of 96.42% equity shareholding in Jindal Power Limited by Worldone Private Limited. Worldone Private Limited (Worldone)…
Coal giant Adani is commencing its first exports of coal from the Carmichael mine
New Delhi: Just six weeks after the Glasgow climate summit (COP26), where the world agreed to phase down coal, Australia is opening the world’s biggest…
Nifty Oil & Gas under pressure as majors GAIL, ONGC, Adani Total Gas, Indian Oil drag amid volatility
Nifty Oil and Gas index headed for a volatile session on Wednesday while Brent crude gained more ground with a broad-based rally in global markets…
Sterlite Power acquires Rs 324 cr transmission project from PFC consulting
Guwahati: Power transmission infrastructure developer Sterlite Power on Tuesday said it has acquired the Nangalbibra-Bongaigaon inter-state transmission project from PFC Consulting. Nangalbibra-Bongaigaon Transmission Ltd is a Special Purpose Vehicle…