Policy

 

Cabinet approves building 3 MT govt stockpile of sugar: Paswan

Jun 06 2018

India has decided to build a 3 million tonne stockpile of sugar to soak up excess supply from the domestic market, the food minister said.

RBI raises policy rate, maintains 'neutral' stance

Jun 06 2018

RBI raised its policy rate for the first time in more than four years, due to inflation concerns, but kept its policy stance as “neutral”.

NITI Aayog preparing roadmap for full-scale methanol economy

Jun 05 2018

The NITI Aayog on Tuesday said it was working on a roadmap for full-scale implementation of methanol economy in the country in near future.

Govt planning to revamp GST AAR mechanism

Jun 05 2018

The government is planning to revamp the advance ruling mechanism under GST by setting up either a centralised authority or 4 regional authorities.

Solar power scheme to be implemented next month: RK Singh

Jun 05 2018

The big ticket Rs 1.4 lakh crore KUSUM scheme to promote the use of solar power among farmers will be implemented from next month, Singh said.

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Global Markets

 

Stocks In News

 

ICICI BANK

I-T department probing acquisition of Chanda Kochhars Mumbai Residence

I-T department looking into acquisition of the residence by Deepak Kochhar

Acquisition of residence said to be linked to firms of Videocon group

Indian Express Reports

BANK OF MAHARASHTRA

3 officials including MD & CEO RP Marathe, ED RK Gupta arrested in Pune

Arrests are in connection to fraudulent loans sanctioned to Kulkarni Developers

Outstanding exposure to DS Kulkarni Developers at Rs 94.52 Cr

IPO UPDATE

RITES IPO subscribed 0.6x on day 1

Fine organic industries IPO subscribed 0.12x on day 1

IDBI BANK

SBI's B Sriram takes additional charge as MD & CEO of IDBI Bank

B Sriram is the longest serving PSB MD

B Sriram Has Experience In Managing Stressed Assets

INDIAN HOTELS

Wins bid for Connaught Place in Delhi

Taj Group wins 33-year lease for Connaught Hotel in E-auction

Offered to share 31.8% of annual revenue earned with civic body

INDIGO CLARIFIES

Have not received any notice from ED on FEMA violations

WELSPUN CORP

U.S. to levy tariff on Indian welded pipes

U.S. imposes anti-subsidy duties of upto 500% on welded pipes from India

China, South Korea, & Turkey to also face duties from U.S.

U.S. imported large-diameter welded pipes worth $294.7 Mn from India in 2017

U.S. International Trade Commission scheduled to make a final decision By Dec 20

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