Shares of JK Lakshmi Cement slumps 5% as Q1 net profit drops by 29%
AMN Shares JK Lakshmi Cement were declined by 4.73 percent on Friday after it reported a 29 percent decline YoY (year-on-year) in net profit for the recently ended June quarter.…
Govt to consider PLI for chemicals & petrochemicals sector: FM Sitharaman
@ficci_india AMN / NEW DELHI Finance Minister Nirmala Sitharaman has said that the government will consider the Production Linked Incentive (PLI) for the chemicals and petrochemicals sector to make India…
Dubai: ESG Conclave put spotlight on Environmental, Social, and Governance practices in business
AMN The Global ESG Conclave 2.0, organised by Associated Chambers of Commerce and Industry of India was held in Dubai on July 27; the conclave put spotlight on essential topics…
1.06 LMT wheat and 100 MT rice sold in the 5th e auction of 2023-24
Centre’s market intervention aims at providing relief to the consumers AMN / WEB DESK The Food Corporation of India (FCI) today sold 1.06 LMT wheat and 100 MT rice at…
IMF raises India’s growth forecast to 6.1% for current fiscal
@IMFNews International Monetary Fund (IMF) has raised India’s growth forecast, projecting a Gross Domestic Product (GDP) growth of 6.1 per cent in the current fiscal. In the World Economic Outlook…
Interest rate on deposits under EPF scheme hiked to 8.15%
The government has approved an interest rate of 8.15 percent on deposits under the Employees Provident Fund scheme for the financial year 2022-23. According to the Employees’ Provident Fund Organization…
No deadline Extension for exchange of Rs 2000 beyond 30th September: Govt in LS
AMN The government today said that the extension of the deadline for the exchange of 2000 rupee notes beyond 30th September this year is not under consideration at present. In…
Govt instructed banks to deal with loan repayment with humane approach: FM
AMN / NEW DELHI Finance Minister Nirmala Sitharaman said that the government has instructed all banks to deal with loan repayment issues with sensitivity and humane approach. Replying to a…
TRAI releases draft to amend Telecommunication Consumers Education and Protection Fund Regulations
Vinit Wahi / New Delhi Telecom Regulatory Authority of India (TRAI) The sector regulator has issued draft rules to amend the Telecommunication Consumers Education and Protection Fund Regulations, 2007, which…
India’s banking sector is among strongest in the world, says PM
@narendramodi Prime Minister Narendra Modi distributed over 70,000 appointment letters to newly inducted recruits as part of Rozgar Mela, through video conferencing on Saturday. Addressing the new appointees, Mr Modi…