Shares of Coal India (CIL) surged 7 per cent to Rs 198 on the BSE in Thursday’s intra-day trade. The stock has rallied 32 per cent in last four trading sessions on improved outlook amid rising commodity prices. The stock of state-owned company now traded close to its 52-week high of Rs 203.85 registered on […]
India’s top refiner Indian Oil Corporation (IOC) will no longer accept cargoes of Russian crude oil and Kazakh CPC Blend on a free-on-board (FOB) basis due to insurance risk, according to a tender notice and a source familiar with the matter. The letter was sent on Monday to traders who submit cargo offers into IOC’s regular crude […]
Prime Minister Narendra Modi on Monday said the PM Gati Shakti initiative will help in further developing modern infrastructure in the country through better coordination and monitoring. He also asked the private sector to partner with the government and increase investments. The PM Gati Shakti – National Master Plan was announced last year to break […]
Highlighting challenges faced in procuring defence equipment from abroad, Prime Minister Narendra Modi on Friday stressed on promotion of the ‘AatmaNirbhar Bharat’ and ‘Make in India’ campaign in defence manufacturing. The Prime Minister also highlighted that about 70 per cent of the defence budget has been kept for the domestic industry only. Addressing a webinar on ‘Aatmanirbharta […]
Prime Minister Narendra Modi on Monday said the Union Budget for 2022-23 will be of great help in implementing the National Education Policy on the ground and asserted that the decision to set up a National Digital University can solve the problem of shortage of seats in educational institutions in the country. Addressing a webinar on the […]
India saw a single-day rise of 50,407 coronavirus infections, which took the tally of cases to 4,25,86,544, while the active cases have declined to 6,10,443, according to Union health ministry data updated on February 12. The death toll has climbed to 5,07,981 with 804 daily fatalities, the data updated at 8 am stated. The daily COVID-19 […]
The cumulative COVID-19 vaccine doses administered in the country crossed 171 crore on Wednesday, the Union Health Ministry said. More than 44 lakh (44,08,918) vaccine doses were administered till 7 pm on Wednesday. More than 1.60 crore (1,60,95,273) precaution doses have been administered so far to healthcare workers, frontline workers and those aged 60 and […]
The government has recapitalised public sector banks (PSBs) by infusing over Rs 3.10 lakh crore in the last five fiscals, a majority of which was through issuance of recapitalisation bonds, Parliament was informed on Monday. “Government has infused Rs 3,10,997 crore to recapitalise banks during the last five financial years i.e., from 2016-17 to 2020-21, […]
India’s manufacturing sector activities moderated in January as new orders and production expanded at a slower rate as the new wave of COVID-19 restricted growth and affected business confidence that slipped to a 19-month low, a monthly survey said on Tuesday. The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) was at 54.0 […]
India on Wednesday confirmed its first death linked to the Omicron variant of Sars-CoV-2 after a deceased Udaipur resident’s sample showed presence of the virus. Meanwhile, cases continued to climb sharply across major cities – Mumbai’s fresh Covid cases breached the 15,000 mark, up almost 40 percent from Tuesday, while Delhi’s cases nearly doubled to […]
