Q4 current account deficit at 8.1 billion US dollars on lower receipts

Q4 current account deficit at 8.1 billion US dollars on lower receipts

India’s current account balance (CAB) recorded a deficit of 8.1 billion US dollars (1.0 per cent of GDP) in the fourth quarter ended March 2021, as against a surplus of $0.6 billion (0.1 per cent of GDP) in Q4 of 2019-20 and a deficit of........

Govt keeps small savings rate unchanged for the 2nd successive quarter of FY22

Govt keeps small savings rate unchanged for the 2nd successive quarter of FY22

The Centre has kept the small savings rate unchanged for the July-September quarter to offer the common man relief from lower savings earnings amid the pandemic....

How to Co-ordinate Different Players to Run a Smooth Supply chain Business

How to Co-ordinate Different Players to Run a Smooth Supply chain Business

The global supply chain industry is a booming market segment was reported to have an estimated value of 15.85 billion US dollars in the year 2019 and the industry is said to grow at 11.2 percent from 2020 to 2027 and reach an estimated marke.....

Walmart launches Vriddhi in order to help MSMEs with Covid-19 support

Walmart launches Vriddhi in order to help MSMEs with Covid-19 support

Global retail major Walmart on Tuesday announced the launch of Vriddhi Cares, in order to extend COVID-19 support to MSME employees and their family members in the country....

Sebi Revises Regulations on Reits, Strengthen the Rules for Mutual Funds

Sebi Revises Regulations on Reits, Strengthen the Rules for Mutual Funds

Securities and Exchange Board of India (Sebi), in its board meeting approved amendments to rules on Infrastructure Investment Trust (InvITs) and REITs.

Bharti Global to Invest Rs 3700 crore more in OneWeb

Bharti Global to Invest Rs 3700 crore more in OneWeb

Bharti Global, a subsidiary of the Bharti Group, said in a statement on Tuesday that it will spend more than Rs 3700 crore in OneWeb

RIL and ADNOC to set up chemicals, PVC project in Abu Dhabi

RIL and ADNOC to set up chemicals, PVC project in Abu Dhabi

Abu Dhabi National Oil Company (ADNOC) has signed an agreement with Reliance Industries (RIL) to set up “a new world-scale” chlor-alkali, ethylene dichloride and polyvinyl chloride (PVC) production facility at the TA’ZIZ in Ruwais, Abu...

Finance Minister Announces a Series of Steps Aimed to Push Emergency Credit Line

Finance Minister Announces a Series of Steps Aimed to Push Emergency Credit Line

Finance Minister Nirmala Sitharaman announced a series of steps aimed at pushing credit off-take in priority areas like health infrastructure and the severely hit tourism sector by providing interest-rate concessions as part of a first set of

Banks need to manage net interest on lower margins: SBI official

Banks need to manage net interest on lower margins: SBI official

Banks need to operate on lower net interest margins for the betterment of the economy, an official of State Bank of India stated on Monday.

Reliance Industries Steps in Petrochemical Play with Adnoc in the UAE

Reliance Industries Steps in Petrochemical Play with Adnoc in the UAE

Reliance Industries and Abu Dhabi National Oil Co (Adnoc), state-run oil firm of the UAE, have finalised a settlement for a petrochemical three way joint venture one and a half years after signing a broad framework settlement....

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