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  3. fe bureau

FE Bureau

Budget 2021 Expectations for bond market: Sitharaman’s last meeting was with a second group of economists; the first one with economists was held on Saturday.
Pre-Budget meetings: Suggestions galore as FM Nirmala Sitharaman ends consultations

Union Budget 2021 Expectations for bond market: As for disinvestment, the government had budgeted an ambitious disinvestment target of Rs…

By FE Bureau
December 24, 2020 04:15 IST
The meetings were also attended by deputy governors of RBI.
RBI Governor Shaktikanta Das ask banks to strengthen lending capacity by raising capital

In his opening remarks, Das touched upon the current economic situation and emphasised the importance of the banking sector in…

By FE Bureau
December 24, 2020 03:30 IST
The central assistance which was around Rs 1,100 crore annually during FY18 to FY20 would be increased more than 5 times to be around Rs 6,000 core annually during FY21 to FY26.
Cabinet nod to Rs 59,000 crore aid for SC students

The Post Matric Scholarship Scheme for Scheduled Castes allows students to pursue any post matric course starting from class 11th…

By FE Bureau
December 24, 2020 03:00 IST
EBPS is an integrated utility bill management service for businesses, enabling companies to monitor all the bills of their shops, offices, and warehouses.
Paytm’s net losses narrow by 28% in FY20, reports marginal rise in revenue from ops

The fintech major’s total expenses decreased to Rs 5,861.54 crore in FY20 compared with Rs 7,254.8 crore in FY19.

By FE Bureau
December 24, 2020 02:45 IST
Even the government's health schemes and overseas medical saw fall in premiums this fiscal till November.
Non-life insurers report 2.7% growth in November premium

Market participants say health insurance saw a muted growth due to the slowdown in retail health insurance and the subdued…

By FE Bureau
December 24, 2020 01:30 IST
At the same time, those choosing to register without Aadhaar, the GST administration would need biometric information and verification of KYC documents at designated verification centres.
Govt notifies new rules to curb GST credit fraud, fake invoices

Further, taxpayers who could claim 10% of ITC for invoices that were not uploaded by their supplier can now claim…

By FE Bureau
December 24, 2020 01:15 IST
Out of these, Andhra Pradesh has received permission of borrowing an additional Rs 2,525 crore, while Madhya Pradesh got the nod for additional Rs 2,373 crore, the union finance ministry said in a statement.
Urban bodies’ reform: AP, MP get nod to borrow additional Rs 4,898 crore

Reforms in the urban local bodies and the urban utilities reforms are aimed at financially strengthening of ULBs in the…

By FE Bureau
December 24, 2020 01:00 IST
In terms of new launches, the fourth quarter of 2020 witnessed 26,785 new residential unit launches, more than twice the new launches witnessed in July-September months of 2020. (Representative image)
Residential sales see recovery in the Oct-Dec period: JLL India

Mumbai, the country’s largest contributor to sales for this quarter accounts for 23% of the overall sales, while the Delhi-NCR…

By FE Bureau
December 24, 2020 00:45 IST
Workforce gains are anticipated in all the seven industry sectors in the upcoming quarter. (Representative image)
Hiring to be better in January-March of 2021, says report

Only 10% are now unsure about returning to normalcy from the hiring perspective which was a massive 42% last quarter.

By FE Bureau
December 24, 2020 00:15 IST
GM prepares to shut down Pune plant: No nod for deal with Great Wall Motors

Talks went on till late Tuesday evening between the GM management and the workers’ union. The workers’ union reached out…

By FE Bureau
December 23, 2020 09:05 IST
Top 7 electric scooter launches in india in 2020, electric scooter launched during 2020, bajaj chetak, ather 450X, tvs iqube, Ampere Magnus Pro, Pure EV EPluto 7G
Bajaj Auto to invest Rs 650 crore in new plant to manufacture KTMs, Husqvarnas, Triumphs and electric vehicles

The facility is expected to commence production in 2023. Bajaj Auto and British motorcycle manufacturer, Triumph Motorcycles, have allied to…

By FE Bureau
Updated: December 23, 2020 09:08 IST
jute, jute price
Jute balers remain non-compliant with high court order, JC to start search and seizure

The HC had asked all the members of the Jute Balers Association (JBA) to disclose their raw jute stock to…

By FE Bureau
December 23, 2020 08:49 IST
ICICI Bank
ICICI Bank launches online platform for foreign firms expanding business

Vishakha Mulye, executive director, ICICI Bank, said, “The initiative is part of our strategy to further strengthen our technology-enabled offerings…

By FE Bureau
December 23, 2020 08:17 IST
Tomar also said he expected a positive response from the agitating farmers on the offer to hold talks, “at the earliest”.
Farmers’ protest against farm laws: Fissures in unions as govt hardens stance

Farmer groups defer decision on whether to respond to Centre’s latest dialogue offer, ‘only Punjab farmers agitating’: Govt

By FE Bureau
December 23, 2020 07:45 IST
He believes resilience will be key in the Tata Group’s approach to the environment, supply chains or how it builds stronger connections with our communities.
Covid vaccine: Only a global effort can get us back to normality, says Tata Sons Chairman N Chandrasekaran

“The same is true of rapid testing and new treatments. Only a global effort can get us back to normality,”…

By FE Bureau
December 23, 2020 07:00 IST
Its revenue from operations grew nearly 1.3 per cent to Rs 15,670 crore from Rs 15,470.5 crore in the quarter ended December 2019.
Wipro seals $700-million IT deal with Metro AG

At the core of the partnership is the formation of a joint transformation office and innovation council that will guide…

By FE Bureau
December 23, 2020 06:30 IST
Commenting on the development, Lee Kok Sun, chief investment officer (real estate), GIC, said, “This investment is a testament to our confidence in the long-term potential of this market.” (Representative image)
Logistics realty: GIC, ESR Cayman JV to invest $750 million

To develop, own industrial and logistics facilities, and acquire core assets across the country

By FE Bureau
December 23, 2020 06:15 IST
“Glance is a great example of innovation solving for mobile-first and mobile-only consumption, serving content across many of India’s local languages,” said Caesar Sengupta, VP, Google.
Glance raises $145 million from Google and Mithril Capital

Glance delivers AI-driven personalised content in varied languages, including English, Hindi, Tamil, Telugu, on the lock screen of Android smartphones.

By FE Bureau
December 23, 2020 05:45 IST
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SpaceX, Nasdaq-100, QQQ ETF, Elon Musk, Invesco QQQ Trust, tech stocks, IPO, Nasdaq listing, index inclusion, technology sector

Want SpaceX exposure without buying the stock? QQQ ETF listed on Nasdaq-100 may be your answer soon

US-Iran War Live: Ceasefire collapses as US launches airstrikes on Iran; 'Violence will be met with violence,' says Vance

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Beyond the Amarnath corridor, the meeting flagged the Rs 880-crore Katra Intermodal Station as a key project for pilgrims visiting Shri Mata Vaishno Devi. (Representational Image)

Amarnath, Vaishno Devi set for infrastructure boost as J&K unveils mega connectivity pipeline

Navi Mumbai International Airport, NMIA, Navi Mumbai airport international flights

Navi Mumbai Airport targets July 15 launch for international flights, cargo services

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