Oils like mustard, groundnut or palm, consumed domestically, and commercially used soybean and sunflower oils have seen a sharp rise in prices in the last six months despite government efforts to cool off rates by reducing high tax levies.
Of course, part of the decline was attributed to the lockdown restrictions that prevailed in large parts of the country and the crop damage or rotting of stored produce as in the case of onion, but the ceding of trade share by the once-all-powerful mandis
Half of SBI’s home loans are to the non-salaried segment and some of them are linked to SME borrowers, said Dinesh Khara, chairman, SBI. He attributed the high NPA ratio in gold loans to the inability of collection staff to reach borrowers amid mobility
“The board of directors of Vodafone Idea, at its meeting held today (Wednesday), have accepted the request of Kumar Mangalam Birla to step down as non-executive director and non-executive chairman of the board with effect from close of business hours on
The bank’s total income was slightly lower at Rs 1,596 crore in the quarter under review as compared to Rs 1,693 crore in the same period last year.Its net interest income improved 14% to Rs 638 crore as against Rs 562 crore while net interest margin (N
The company’s low leverage position has enabled it to undertake a Rs 25,000 crore capacity expansion by 2025, which will be followed by another Rs 45,000 crore investments in the next five years to 2030.
That brings us to a place where we paid out Rs 2,250 crore since listing. We are happy, particularly given the fact that last quarter was under restrictions, but the strength of Indian office, REIT and business is intact.
The market had been trading in a very thin range since morning as it opened flat and remained flat, but some buying was seen towards the end as some traders took positions in most liquid bonds, a dealer with state-owned Primary Dealer (PD) said.
63 Moons, which holds non-convertible debentures (NCDs) worth over Rs 200 crore issued by DHFL, has challenged the NCLAT’s judgment on the grounds that the current resolution plan is disappointing for NCD holders.
During the year, sales of HPCL’s petroleum products increased 15.9% annually to 8.8 million tonne (MT). Petrol sales recorded growth of 36.6%, diesel 22.2% and aviation turbine fuel (ATF) sales grew 118.8% annually.
CWC, having a storage capacity of 14.5 million tonne, and Nabard entered into an agreement on Wednesday to provide the facilities to farmers at cheaper rates over next five years, according to a statement from Nabard.