BUSINESS AWAAZ

Govt approves pacts with Germany for solar energy

Union Cabinet has approved a post facto agreement with Germany to expand bilateral cooperation in the field of solar energy. The cabinet, at its meeting yesterday, approved a Memorandum of Understanding (MoU), which was signed in October, 2015, between India and Germany, to expand bilateral development cooperation in the field of Solar Energy by increasing … Continue reading Govt approves pacts with Germany for solar energy

Govt gives ex-post-facto nod to FDI reforms in 15 sectors

  Cabinet today gave ex-post-facto nod to recently announced FDI policy reforms in 15 sectors. Last month the government had opened these sectors in a bid to push up reforms. The sectors include real estate, defence, civil aviation and news broadcasting. The Cabinet nods for changes in National Rural Livelihood Mission for focused and targeted … Continue reading Govt gives ex-post-facto nod to FDI reforms in 15 sectors

RBI’s policy reflects very balanced approach: FinMin

The Finance Ministry Tuesday said the monetary policy reflects a very balanced approach on the part of the Reserve Bank in promoting growth and managing inflation. Talking to a private news channel, Economic Affairs Secretary Shaktikanta Das said that the RBI’s announcement is on expected lines. He said on the whole, it is a very … Continue reading RBI’s policy reflects very balanced approach: FinMin

RBI’s status quo on policy rates in line with expectations: CII

CII Tuesday said RBI’s decision to maintain status quo was in line with expectations as there has already been a reduction of 50 base points in the last policy. CII Director General, Chandrajit Banerjee said the focus has now shifted to the transmission of lower policy rates to banks’ lending rates. He said banks need … Continue reading RBI’s status quo on policy rates in line with expectations: CII

Details for two Railways factories in Bihar

Indian Railways on November 30 signed Rs 40,000 crore contracts with GE and Alstom to set up two locomotive plants in Bihar. First venture the electric locomotive factory will be set up at Madhepura and diesel locomotive will be established at Marhowrah. Here is the detail of the two factories:- (a) Background :- The Cabinet in December 2006 … Continue reading Details for two Railways factories in Bihar

RBI keeps key rates unchanged, sees space for more accommodation

AMN / Reserve Bank of India today kept the key policy rates unchanged in its fifth bi-monthly monetary policy review.The repo rate, at which RBI lends money to banks, stayed at 6.75 per cent, while the reverse repo rate, at which RBI borrows money from banks, was at 5.75 percent. The cash reserve ratio, which … Continue reading RBI keeps key rates unchanged, sees space for more accommodation

GDP growth will be better than last year: Arun Jaitley

AMN / Finance Minister Arun Jaitley has said that GDP in the current fiscal will be better than the 7.3 per cent growth rate recorded in the last financial year. Talking to reporters in New Delhi yesterday, Mr Jaitley said manufacturing sector recorded a significant growth of 9.3 per cent in the September quarter despite … Continue reading GDP growth will be better than last year: Arun Jaitley

Petrol cheaper by 58 paise, diesel 25 paise

  The price of petrol was today decreased by 58 paise per litre and that of diesel by 25 paise. Diesel rates were not changed on November 1, however, it increased by 95 paise on October 16 and 50 paise on October 1. Rates of diesel were decreased by 50 paise on September 1. Previous … Continue reading Petrol cheaper by 58 paise, diesel 25 paise

FM to hold meeting with banks to assess gold monetization scheme

Finance Ministry will hold a review meeting with banks and RBI representatives on Tuesday to assess gold monetization scheme. Launched at this month the scheme has seen a slow response. The Meeting will be chaired by Economic Affairs Secretary Shaktikanta Das and also likely to be attended by RBI Deputy Governor H R Khan. Banks … Continue reading FM to hold meeting with banks to assess gold monetization scheme

Jaitley for creating ecosystem to boost shipments to markets

 35th India International Trade Fair comes to an end  AMN  / Concerned over slowing global demand and declining exports Finance Minister Arun Jaitley Friday underlined the need for creating an ecosystem to boost shipments to the markets overseas. Speaking at the closing ceremony of 35th India International Trade Fair in New Delhi, he asked exporters … Continue reading Jaitley for creating ecosystem to boost shipments to markets

QAUMI AWAAZ

Justice Rajinder Sachar is no more

  AMN / NEW DELHI Well know legal luminary, human righ activist and former Chief Justice of the Delhi ...

“Sabka Saath, Sabka Vikas” is not mere a slogan, says Naqvi

Our Correspondent / Rampur Union Minority Affairs Minister Mukhtar Abbas Naqvi today said that “Sabka Saath ...

Supreme Court judgment recognises powers of NCMEI

Our Correspondent / NEW DELHI The Supreme Court has ruled that the National Commission for Minority Education ...

SPORTS

CWG 2018: Shuttlers continue India’s medal rush in Gold Coast

Gold Coast India's badminton players continued their fine run here on Sunday with Saina Nehwal and Kidambi ...

CWG 2018: Manika strikes gold, clinches mixed bronze with Sathiyan in Table Tennis

Gold Coast India's Manika Batra won the bronze medal in the mixed doubles team event of Table Tennis with G ...

Saina Nehwal clinches Badminton Singles Gold in CWG

  https://twitter.com/TheBridge_IN/status/985386456511266816 On the concluding day of the Commonwealt ...