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Business

Liquidity deficit challenge before Reserve Bank of India

The Reserve Bank of India (RBI) may announce open market operations (OMOs) and variable repo auctions on Septe...

Iran offer for Farzad-B

Iran has offered ONGC Videsh Ltd and its partners a 30 per cent interest in the development of the Farzad-B ga...
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Neelachal out of Tata Steel rejig

Neelachal Ispat Nigam Ltd, the public sector steel mill acquired by Tata Steel Long Products Ltd earlier this ...

Focus on export duty rebate

The five-year foreign trade policy, due on September 29, is likely to remove anomalies in the Remissions of Du...

UK upbeat on free trade pact

The free trade agreement (FTA) talks between India and the UK are now in their final phase and despite some ou...

Kwality Wall’s hits Rs 1000 crore mark

Kwality Wall’s, the frozen dessert brand of Hindustan Unilever, has reached a business of Rs 1,000 crore...

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Business  /  Published 26.09.22

Liquidity deficit challenge before Reserve Bank of India

■ Liquidity in the system turned from surplus to deficit after 40 months ■ Inter-bank call money rate at 5.64 per cent, greater than policy repo rate at 5.40 per cent ■ Advanced tax collection...
By Our Special Correspondent in Mumbai

Business  /  Published 26.09.22

Neelachal out of Tata Steel rejig

Neelachal Ispat Nigam Ltd, the public sector steel mill acquired by Tata Steel Long Products Ltd earlier this year as part of a disinvestment process run by the Centre, will not be part of the ongoing...
By Sambit Saha in Calcutta

Business  /  Published 25.09.22

Gas: Iran offers India 30% stake

Iran has offered ONGC Videsh Ltd and its partners a 30 per cent interest in development of the Farzad-B gas field in the Persian Gulf that was discovered by the Indian consortium, officials said. ONG...
By PTI in New Delhi

Business  /  Published 25.09.22

'RBI set for 4th straight rate hike '

The Reserve Bank of India (RBI) may take cues from its global counterparts, including the US Federal Reserve, to raise interest rate for the fourth time in a row on Friday to tame stubborn inflation. ...
By PTI in Mumbai

Business  /  Published 25.09.22

Byju’s clears $230m dues

Edtech firm Byju’s has cleared a $230 million payment that was due to private equity investment firm Blackstone for acquiring a majority stake in test preparatory firm Aakash Educational Service...
By PTI in New Delhi

Business  /  Published 25.09.22

Fisker to sell SUVs in India

US startup Fisker Inc will begin selling its Ocean electric sport-utility vehicle (SUV) in India next July and could begin manufacturing its cars locally within a few years, the company’s chief ...
By Reuters in New Delhi

Business  /  Published 25.09.22

Engineering exports to China fall 70% in August

Engineering goods exports to China fell by over 70 per cent in August 2022 to $173.7 million because of a slowdown in demand and shipments to the European Union (EU) fell 27.3 per cent year-on-year to...
By Our Special Correspondent in New Delhi

Business  /  Published 25.09.22

BPCL to import Brazilian crude

State-owned Bharat Petroleum Corporation Ltd (BPCL) has signed an agreement with Brazilian national oil company Petrobras to source oil from the Latin American nation. Chairman and managing director ...
By Our Special Correspondent in New Delhi

Business  /  Published 24.09.22

FM backs rupee

Finance Minister Nirmala Sitharaman on Saturday said the rupee has "held back very well" against the US dollar when compared to other currencies. Against the backdrop of the rupee dropping ...
By PTI in New Delhi

Business  /  Published 24.09.22

Modi to launch 5G services on Oct 1

Prime Minister Narendra Modi will unveil 5G services in India in the first week of October, the government's National Broadband Mission tweeted, reports ndtv.com. "Taking India's digital...
By Our Web Desk


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