Sensex down more than 300 points
New Delhi, Feb 22 (SocialNews.XYZ) BSE Sensex is down more than 300 points in morning trade on Thursday. Sensex was trading at 72,236.94 points, down 386.15 points. Bharti Airtel, Titan are among the top Sensex…
Economy
Cabinet okays 8% hike in sugarcane price, move to benefit 5 cr farmers
New Delhi, Feb 21 (SocialNews.XYZ) The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi on Wednesday approved an 8 per cent increase in the Fair and Remunerative Price (FRP) of sugarcane to…
63 moons Technology ropes in top global firms for cybersecurity foray
New Delhi, Feb 21 (SocialNews.XYZ) NextGen tech company 63 moons Technologies Limited said on Wednesday that it has forayed into the cybersecurity segment to target the comprehensive mobile security and digital infrastructure market pan-India. The…
NBCC gets nod to build 5 stuck Amrapali home projects in Greater Noida
Noida, Feb 21 (SocialNews.XYZ) Government-owned construction major NBCC said on Wednesday thaqt it has got the approval of the Greater Noida Authority to develop five Amrapali housing projects worth Rs 10,000 crore. “NBCC (India) Limited…
NTPC signs land lease pact for setting up Green Hydrogen Hub near Vizag
New Delhi, Feb 21 (SocialNews.XYZ) Power sector giant NTPC has signed a land lease agreement for the development of a world-class “Integrated Green Hydrogen Hub” on a 1,200-acre plot at Pudimadaka village near Visakhapatnam in…
Govt hardsells coal gasification projects at Mumbai roadshow
Mumbai, Feb 21 (SocialNews.XYZ) The Ministry of Coal said on Wednesday that it got an encouraging response to its roadshow aimed at promoting coal gasification projects across the nation aligned with India’s vision for a…
Govt plans to simplify, digitalise KYC process
New Delhi, Feb 21 (SocialNews.XYZ) Finance Minister Nirmala Sitharaman chaired the meeting of the Financial Stability and Development Council (FSDC) on Wednesday which discussed the issues related to India’s macro financial stability and the preparedness…
Nifty slides on profit booking at higher levels
Mumbai, Feb 21 (SocialNews.XYZ) After making a fresh high, Nifty erased its gains in the last hour and closed with a loss of 142 points at 22,055 levels on Wednesday, said Siddhartha Khemka, Head of…
Nifty pattern indicating at potential pause in ongoing rally
Mumbai, Feb 21 (SocialNews.XYZ) The Indian market is facing stiff resistance at higher levels; the valuation of a broader index is at a significant premium, leading to an unfavourable risk reward, which influences investors to…
Coal sector PSUs poised to cross Rs 21,030 crore Capex target for 2023-24 Coal sector PSUs poised to cross Rs 21,030 crore Capex target for 2023-24
New Delhi, Feb 21 (SocialNews.XYZ) The capital expenditure (CAPEX) by public sector coal companies has touched 20,153 crore as on January this year, marking 95.83 per cent progress towards the target of is 21,030 crore…
Healthcare became more accessible for North-East region in last 10 yrs: Union Minister
New Delhi, Feb 21 (SocialNews.XYZ) Healthcare has become accessible and available for the entire North-East region in the last 10 years, Union Health Minister, Dr Mansukh Mandaviya, said on Wednesday. Speaking at the virtual inauguration…
Zee Entertainment denies report of fund diversion
New Delhi, Feb 21 (SocialNews.XYZ) Zee Entertainment Enterprises said on Wednesday that the company is not aware of any order wherein SEBI has recorded any finding. “As disclosed in the company’s statement of unaudited standalone…
India’s FY2024 Q3 GDP growth at 6 per cent: ICRA
Chennai, Feb 21 (SocialNews.XYZ) Credit rating agency ICRA on Wednesday said India’s Gross Domestic Product (GDP) would grow at 6 per cent in Q3 FY2024 from 7.6 per cent in Q2 FY2024. Further, the Gross…
PM to dedicate to nation 2 N-power reactors; Kakrapar plant 4 to be connected to grid soon
Chennai, Feb 21 (SocialNews.XYZ) India’s atomic power major Nuclear Power Corporation of India Ltd (NPCIL) will soon connect its second 700 MW Pressurised Heavy Water Reactor (PHWR) to the grid, an official said on Wednesday,…
AI startups from Tier 2, 3 cities is PM Modi’s dream: Union Minister
New Delhi, Feb 21 (SocialNews.XYZ) As India sees a spurt in startups in the field of Artificial Intelligence (AI), Prime Minister Narendra Modi has a dream that startups in new and emerging technologies should now…
PFRDA notifies simplified rules for Pension Funds, NPS Trust
New Delhi, Feb 21 (SocialNews.XYZ) The Pension Fund Regulatory and Development Authority (PFRDA) has notified the amendments to the regulations of the National Pension System Trust and the Pension Fund to reduce the cost of…
FMCG stocks underperformed benchmark index in last one year
New Delhi, Feb 21 (SocialNews.XYZ) Corporate commentary in the quarter gone by lacked any concrete evidence of pickup in rural demand which reflected in the underperformance of the FMCG sector in every time frame in…
DPIs like UPI, Aadhaar to propel India towards $8 trillion economy by 2030
New Delhi, Feb 21 (SocialNews.XYZ) Digital Public Infrastructure (DPIs) like Unified Payments Interface (UPI) and Aadhaar are poised to propel India towards a $8 trillion economy by 2030, helping the country achieve a $1 trillion…
FIIs massively sold financial stocks worth $30bn in January
New Delhi, Feb 21 (SocialNews.XYZ) FIIs massively sold financial stocks worth $30 billion while IT sector saw large buying of $4.5 billion in January 2024, JM Financial Institutional Securities said in a report. The sector-wise…
Fintech personal loans log 62% of sanction volumes in FY24 1st half in India: Report
Mumbai, Feb 21 (SocialNews.XYZ) Fintech personal loans have grown steadily in the country and contributed to a third of overall active personal loans in September 2023, registering 62 per cent of sanction volumes in the…