Lending major State Bank of India on Wednesday reported a rise of 51.88 per cent in its standalone net profit for Q2FY21 on a year-on-year basis. Accordingly, the lenders’ net profit increased
Amid the farmers protest at 32 locations in several parts of Punjab and Haryana, the Railways has lost revenue from freight to the tune of Rs 1,200 crore, the Railway Ministry said
Prime Minister Narendra Modi will chair the Virtual Global Investor Roundtable (VGIR) on Thursday. The VGIR will be organised by the Union Ministry of Finance and the National Investment and Infrastructure Fund.
India’s merchandise exports in October 2020 fell 5.4 per cent to $24.82 billion, as compared to $26.23 billion in the same month last year as Covid-19 pandemic shrank global demand for oil,
India has granted tax free status to Abu Dhabi’s Sovereign Wealth Fund (SWF) – MIC Redwood 1 RSC Ltd – to expedite foreign investment in the country’s priority areas during the Covid
The Finance Ministry will soon come up with a fresh round of economic stimulus, Economic Affairs Secretary Tarun Bajaj said. Addressing the media at the national capital, he said that the Department
India is likely to spend around $513 billion on infrastructure by the year 2030 to accommodate its growing population, according to a report by Mace. A report titled ‘INSIGHTS 2020: Blueprint for
In the view of the festive season, the Indian Railways is witnessing a huge demand for rail tickets as out of the 736 special trains currently in operation, 327 are facing waitlisting,
Gita Gopinath, chief economist of the International Monetary Fund (IMF), has urged policymakers to provide more fiscal stimulus to boost the recovery from the Covid-19 pandemic as the global economy is in
The much-anticipated auctions for commercial mining of coal started on Monday with five coal mines put on the block. According to the Coal Ministry, the mining blocks put on auction generated wide