LiveChrysCap to Buy 30% in Corona Remedies for Rs 670 Crore
Homegrown personal fairness fund ChrysCapital will make investments about Rs 670 crore ($90 million) to amass about 30% stake in Ahmedabad-based drug producer Corona Treatments....
Category : ECONOMY
Jet Fuel Price Cut by 3 Per Cent
In the first reduction in rate in two months, jet fuel or ATF price on Thursday was cut by 3 per cent in line with...
No Automatic Recurring Payment From April 1, Directs RBI
From April 1 there will be no automatic recurring payment for various services including recharge and utility bills as RBI has made Additional Factor of...
India’s 2021 Economic Output Likely to Remain Below 2019 Level
India’s economic output in 2021 is expected to remain below the 2019 level despite the roll-out of the vaccine to deal with the menace of...
Govt Gets Multiple EoIs for Privatisation of Neelachal Ispat Nigam
The government has received multiple expressions of interest from bidders for privatisation of Neelachal Ispat Nigam Ltd (NINL), DIPAM Secretary Tuhin Kanta Pandey said on...
Palm Oil Purchases by India Will Jump 11 Per Cent This Year
Palm oil purchases by India will probably jump almost 11 per cent this year, with a relatively faster rise in prices of competing cooking oils...
RBI in Discussion With Govt Regarding Privatisation, Says Governor
RBI governor Shaktikanta Das on Thursday said that the central bank is discussing privatisation of public sector banks (PSBs) with the government and the process...
Niti Aayog Recommends Cutting Approval Layers for Faster Privatisation
Niti Aayog has recommended cutting down on the layers of the approval process for stake sales in state-run companies to fast-track the privatisation process. The...
Loan Moratorium Cannot Be Extended, Says SC
The Supreme Court on Tuesday refused to extend the six-month loan moratorium period offered by the Reserve Bank of India (RBI) last year, saying that...
Ex-RBI Deputy Governor Mohan Moots 5% Inflation Target
Former RBI Deputy Governor Rakesh Mohan on Monday pitched for changing the central bank’s inflation target band of 2-6 per cent, saying inflation will not...