Category: Finance

Finance
Sales Of Escorts’ Domestic Tractor Surge 23% With Increase In Rural Demand In June

Sales Of Escorts’ Domestic Tractor Surge 23% With Increase In Rural Demand In June

On Wednesday, Escorts Limited reported a growth of 23% on a year-on-year basis in the domestic tractor market at 10,623 units sold in June given the healthy demand from the rural areas of the country.…

Finance
$ 750 Million To Support Finance Credit Approved By The World Bank For MSMEs In India

$ 750 Million To Support Finance Credit Approved By The World Bank For MSMEs In India

Highlights: World Bank approves $ 750 million for facilitating credit finance for MSMEs in India MSME in India contribute to 30% of India;’s GDP and 40% of the exports The MSME sector is facing severe…

Finance
After Launching Remdesivir Generic For Coronavirus Treatment, Cipla Gains More Than 9%

After Launching Remdesivir Generic For Coronavirus Treatment, Cipla Gains More Than 9%

Highlights: Cipla gains more than 9% after it launches Remdesivir Remdesivir can be used to treat the patients of the novel Coronavirus The sensex also went up by 1.1% Mumbai based multinational pharmaceuticals and biotech…

Finance
Central Government To Launch Garib Kalyan Rojgar Abhiyaan This Week For The Migrants Returned Their Homes

Central Government To Launch Garib Kalyan Rojgar Abhiyaan This Week For The Migrants Returned Their Homes

Highlights: PM Modi to launch Garib Kalyan Rojgar Abhiyaan this week The mission will be for the migrant workers Garib Kalyan Rojgar Abhiyaan will be spread over 125 days Amidst the Coronavirus pandemic, crores of…

Finance
Petrol And Diesel Got Expensive For The Ninth Day In A Row

Petrol And Diesel Got Expensive For The Ninth Day In A Row

Highlights: Petrol, Diesel rates increased for 9th consecutive day Petrol and Diesel prices are less than Rs. 1 apart per litre On Monday, the State-owned Oil Marketing Companies (OMCs) increased the price of both Petrol…

Finance
Profitable Business Ideas in Kolkata

Profitable Business Ideas in Kolkata

Kolkata is the City of Joy, a city that has quite a prospect owing to the fact that it is situated in a prime geographical location. Kolkata has land, air and water connectivity and does…

Finance
Government Announces There Will Be No New Schemes For 1 Year

Government Announces There Will Be No New Schemes For 1 Year

Highlights: The government announced no new schemes will come out for 1 year Spending will be done only in PM’s Garib Kalyan package and other announcements made under AtmaNirbhar Bharat Ministries have been told to…

Finance
RIL Launches A WhatsApp Chatbot for Queries Pertaining to Rights Issue

RIL Launches A WhatsApp Chatbot for Queries Pertaining to Rights Issue

Highlights: RIL launches Chatbot on WhatsApp for rights issue queries RIL has a massive Rs. 53,125 crore right issue to be executed amid the lockdown Mukesh Ambani led Reliance Industries Limited (RIL) has a massive…

Finance
Another Extension Of Moratorium On Loans By RBI

Another Extension Of Moratorium On Loans By RBI

Highlights: RBI extends moratorium on loans for the second time The apex bank also cut key repo rate to 4% On Friday, the Reserve Bank of India announced yet another extension on the moratorium on…

Finance
New EPF Rule: Changes In In-Hand Salaries And CTCs From May 2020

New EPF Rule: Changes In In-Hand Salaries And CTCs From May 2020

Highlights: The Central Government update the EPF rules for 3 months starting May 2020 The Statutory rate of contribution has been dropped from 12% to 10% for both, the employees and the employers The Central…

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