Tag: business news 2022

  • Sensex Gains 727 Points In Morning Trade, Nifty Metal Registers Sharp Surge

    Sensex gained more than 727 points in early trade on September 20, 2022 amid the continuous uncertainty prevailing over the quantum of US Federal Policy rate hike. It is worth mentioning that Federal Reserve meets today and if initial reports areSensex gained more than 727 points in early trade on September 20, 2022 amid the continuous uncertainty prevailing over the quantum of US Federal Policy rate hike. It is worth mentioning that Federal Reserve meets today and if initial reports are

  • Adani Group Acquisitions On Ambuja And ACC Companies

    The stocks of the Adani group are surging rapidly this year and show no signs of a trend change. In these conditions, Adani group plans to enter the cement space by acquiring one of the leading cement manufacturers in India, ACCThe stocks of the Adani group are surging rapidly this year and show no signs of a trend change. In these conditions, Adani group plans to enter the cement space by acquiring one of the leading cement manufacturers in India, ACC

  • IFC MD Calls On FM; Discusses Lending Opportunities, In India

    Finance Minister Nirmala Sitharaman on Monday met International Finance Corporation (IFC) Managing Director Makhtar Diop and discussed increasing lending opportunities in India. IFC is the private sector funding arm of the World Bank. She reiterated India’s expectation of a rise inFinance Minister Nirmala Sitharaman on Monday met International Finance Corporation (IFC) Managing Director Makhtar Diop and discussed increasing lending opportunities in India. IFC is the private sector funding arm of the World Bank. She reiterated India’s expectation of a rise in

  • RBI Asks Large UCBs, To Appoint Chief Compliance Officers

    The Reserve Bank on Monday asked all large Urban Co-operative Banks (UCBs) to appoint chief compliance officers and put in place a board-approved policy for meeting regulatory norms. While the UCBs with deposits of more than Rs 10,000 crore (Tier 4The Reserve Bank on Monday asked all large Urban Co-operative Banks (UCBs) to appoint chief compliance officers and put in place a board-approved policy for meeting regulatory norms. While the UCBs with deposits of more than Rs 10,000 crore (Tier 4

  • Spike In Wheat Prices Due To Speculative Trade; Govt, To Act Against Hoarders: Food Secy

    India has enough wheat stock but the spike in retail prices is due to speculating trading, Food Secretary Sudanshu Pandey said on Monday and warned of taking stringent action against hoarders. Retail prices of wheat have risen by 19 per centIndia has enough wheat stock but the spike in retail prices is due to speculating trading, Food Secretary Sudanshu Pandey said on Monday and warned of taking stringent action against hoarders. Retail prices of wheat have risen by 19 per cent

  • Union Bank, Federal Bank Start Offering Kisan Credit Card, In Digital Manner

    To make it easier for farmers to get a Kisan Credit Card (KCC), Union Bank of India and Federal Bank on Monday launched pilot projects, the lenders said. Under the pilot projects, the lenders will do away with the need forTo make it easier for farmers to get a Kisan Credit Card (KCC), Union Bank of India and Federal Bank on Monday launched pilot projects, the lenders said. Under the pilot projects, the lenders will do away with the need for

  • Rupee falls 2 paise to close at 79.80 against US dollar

    The rupee pared its initial gains and settled 2 paise lower at 79.80 (provisional) against the US dollar on Monday, weighed down by the strength of the greenback in the overseas market, according to a PTI report. At the interbankThe rupee pared its initial gains and settled 2 paise lower at 79.80 (provisional) against the US dollar on Monday, weighed down by the strength of the greenback in the overseas market, according to a PTI report. At the interbank

  • Gold, Silver Price Sept 19: Gold Prices Drop Yet Again, Silver Down Too

    The price of gold has fallen yet again in the national capital. Gold prices declined by Rs 303 to Rs 49,571 per 10 grams in the national capital on Monday amid weak global cues and Rupee appreciation, according to HDFC Securities.The price of gold has fallen yet again in the national capital. Gold prices declined by Rs 303 to Rs 49,571 per 10 grams in the national capital on Monday amid weak global cues and Rupee appreciation, according to HDFC Securities.

  • Dish TV Chairman Resigns, Stock Surges Up To 10%

    On September 19 2022, shares of Dish TV spiked up to 10% to hit the upper circuit after the company announced the resignation of chairman Jawahar Lal Goel. Dish India Ltd is one of the leading direct-to-home (DTH) companies that provideOn September 19 2022, shares of Dish TV spiked up to 10% to hit the upper circuit after the company announced the resignation of chairman Jawahar Lal Goel. Dish India Ltd is one of the leading direct-to-home (DTH) companies that provide

  • Enough Wheat Stock In India; Govt To Take Action Against Hoarders, If Needed: Food Secy

    The government on Monday said there is sufficient wheat stock in the country and that it will take action against hoarders, if needed, to boost domestic supply. The Centre may consider steps like asking for disclosure of wheat stocks by tradersThe government on Monday said there is sufficient wheat stock in the country and that it will take action against hoarders, if needed, to boost domestic supply. The Centre may consider steps like asking for disclosure of wheat stocks by traders