ECONOMY NEWS

Headlines:

Indian stocks edge higher in lackluster trade; ITC up 3%

Reserve Bank Proposes Multiple Layer Structure To Categorise NBFCs  -   22/01/2021 17:17
I n view of the recent stress in the Non-Banking Financial Compnies (NBFC) sector, it has become imperative to reexamine the suitability of regulatory approach, especially when failure of an extremely large NBFC can precipitate systemic risks, the RBI said t...
Cabinet Approves Investment Proposal Of Rs 5281.94 crore For 850 MW Ratle Hydro Power Project  -   21/01/2021 10:04
T he Union Cabinet, chaired by the Prime Minister, Narendra Modi, has given its approval for the investment of Rs.5281.94 crore for 850 MW Ratle Hydro Electric (HE) Project located on river Chenab, in Kishtwar district of Union Territory of Jammu and Kashmir...
Index of mineral production at 104.5 in Nov  -   20/01/2021 17:54
T he index of mineral production of mining and quarrying sector for the month of November was 104.5, the government said on Wednesday. In a statement, the ministry of mines said the production level of important minerals in November 2020 includes coal at 62...
Retail inflation for farm, rural workers eases in December on lower food prices  -   20/01/2021 17:49
R etail inflation for farm and rural workers eased to 3.25 per cent and 3.34 per cent, respectively, in December, mainly due to lower prices of certain food items. "Point to point rate of inflation based on the CPI-AL (Consumer Price Index-Agricultural Labo...
Cabinet approves MoU with Uzbekistan for cooperation in solar energy  -   20/01/2021 14:10
T he Union Cabinet on Wednesday gave ex-post facto approval to a memorandum of understanding (MoU) between India and Uzbekistan for cooperation in the field of solar energy. "The Union Cabinet, chaired by Prime Minister Narendra Modi was apprised of signing...
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