Domestic passenger traffic may de-grow over 40% in FY21: ICRA
July 03, 2020 21:43 ISTRating agency ICRA expects domestic passenger traffic during 2020-21 to de-grow in the range of 41-46 per cent.
Rating agency ICRA expects domestic passenger traffic during 2020-21 to de-grow in the range of 41-46 per cent.
The issue price for the Sovereign Gold Bond has been fixed at Rs 4,852 per gram of gold, the Reserve Bank of India said in a statement on Friday. The Sovereign Gold Bond Scheme 2020-21-Series IV will be opened for subscription for the period between July 6 and July 10.
Gold imports, which have a bearing on the current account deficit (CAD), plunged significantly to USD 79.14 million during the first two months of 2020-21 due to a significant fall in demand in the wake of the COVID-19 pandemic, according data from the commerce ministry.
Reliance Jio has opened the JioMeet app for the general public, which can support up to 100 users in a session, according to its website.
With the onset of the monsoon tomato prices soared to Rs 70 per kg in New Delhi and its surrounding areas on Friday.
Gold prices in the national capital jumped Rs 237 to Rs 49,022 per 10 gram on Friday, according to HDFC Securities.
Rising for the third straight session, equity benchmark Sensex jumped 178 points on Friday, tracking gains in Reliance Industries, Bharti Airtel and TCS amid buoyancy in global markets.
The National Company Law Appellate Tribunal (NCLAT) has suspended work till July 10 due to sealing of its premises after finding one of its staff COVID-19 positive.
The income tax department has issued refunds worth Rs 62,361 crore to over 20 lakh taxpayers between April 8 and June 30.
In a major relief to the GST taxpayers, the government has decided to cap the maximum late fee for Form GSTR-3B at Rs 500 per return for the extended tax period of July 2017 to July 2020 subject to the condition that such returns are filed before September 30, 2020.
After banning 59 Chinese apps amid stand-off with China at the Line of Actual Control (LAC), India will not import power equipment from China, Power Minister RK Singh informed.
Fitch Solutions Country Risk and Industry Research on Friday said the motorcycle segment in India would perform better than the rest of the auto industry as more consumers will be forced to enter the bike segment due to increased financial pressure amid coronavirus pandemic.
In the previous session, the BSE barometer settled 429.25 points, or 1.21 per cent, higher at 35,843.70, and the broader Nifty surged 121.65 points, or 1.17 per cent, to close at 10,551.70.
With this investment, Jio Platforms has raised Rs 117,588.45 crore from leading technology investors including Facebook, which bought a 9.99 percent stake for Rs 43,574 crore on April 22, Silver Lake Partners (two investments), Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, TPG, L Catterton, PIF and Intel.
The approval process was fast-tracked following a recommendation by the subject expert committee on COVID-19, considering the emergency and unmet medical need during the pandemic.
Right after Indian government banned 59 Chinese apps, including TikTok, users scrambled to find alternatives as these apps had made inroads into the lives of millions of Indians. TikTok itself, had become source of income for many content makers, especially young. Their online fame disappeared overnight.
Housing finance major HDFC Ltd plans to raise up to Rs 1.25 lakh crore in a year by issuing debt securities through various modes, according to its annual report for 2019-20. The Housing Development Finance Corporation (HDFC) Limited will convene its annual general meeting (AGM) on July 30
Home-grown FMCG firm Emami Ltd on Thursday strongly objected to industry peer Hindustan Unilever rebranding its men's range of skincare products as 'Glow & Handsome', claiming trademark rights over the name.
Fair and Lovely has been renamed as Glow and Lovely. The Indian arm of multinational corporation Unilever said on Thursday that name of one of its most successful products has been changed. It's skin cream for men, earlier named 'Fair and Handsome' has been renamed as 'Glow and Handsome'.
Beer lovers on Thursday woke up to a piece of shocking news that Budweiser employees claimed of peeing into beer tanks for the last 12 years.
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