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India to invest $6 bn More in Mozambique Gas Block
In addition to the $6 billion already invested, Indian oil companies are slated to invest another $6 billion in stages by 2019 in Mozambique's Rovuma Area 1 offshore block, Petroleum Minister Dharmendra Pradhan said on Monday.
"In…
RAAS launches Exclusive Men’s Wear Collection in BBSR
RAAS, an initiative to promote upscale designer handloom products from Odisha, launched new men’s wear collection in the capital city of Bhubaneswar on Sunday. This new designer collection of Men’s wear includes a wide variety of men’s…
Assocham urges FM to reconsider NSEL merger with FTIL
Industry chamber Assocham said on Sunday that it has written to Finance Minister Arun Jaitley to reconsider the draft merger order of the National Spot Exchange Ltd (NSEL) with its parent firm Financial Technologies (India) Ltd (FTIL) in…
BSE Sensex gains 14.21 Points; Capital Goods Stocks surge
A benchmark index of Indian equities markets, the 30-scrip Sensitive Index BSE Sensex, was trading flat on Monday at 14.21 points or 0.05 percent up as capital goods stocks surged. The wider 50-scrip Nifty of the National Stock Exchange…
Dharmendra Pradhan ends Mozambique Visit on a High Note
Minister of State (I/C) Petroleum & Natural Gas, Dharmendra Pradhan visited Mozambique on April 9-10, 2015. Besides meeting his counterpart the Minister of Mineral Resources & Energy, Mr. Pedro Couto, he also met Foreign Minister…
RBI warns General Public against ‘Balance Checking’ App
The Reserve Bank of India (RBI) on Saturday warned the general public that it has not developed any software application allowing a person to check balances in various bank accounts.
In a statement, the central bank said that it has come…
NITI Aayog completes 100 Days, begins 12th Plan Appraisal
A mid-term appraisal of the 12th Plan (2012-17), to take stock of the progress thus far and finalise a strategy for course correction where needed is one of the top priorities for the government's principal think tank, Niti Aayog, as it…
Indian Banking Sector to change in 2-Year Time: Rajan
The Indian banking sector is all set to see a sea change in next two years with several new institutions and existing government banks undergoing a great change, RBI governor Raghuram Rajan said on Friday.
"In next two years the banking…
India’s Industrial Output up 5 Percent in February
Industrial activity in the country, measured in terms of the Index of Industrial Production (IIP), registered a 5 percent growth during February 2015 as compared to a 2.6 percent rise in the previous month. The IIP grew by 1.7 percent…
BSE Sensex closes 5.83 Points down; Metal Stocks rise
A benchmark index of Indian equities markets, the 30-scrip Sensitive Index BSE Sensex, ended flat in Friday's trade, despite metal, oil and gas and automobile stocks making gains. The wider 50-scrip Nifty of the National Stock Exchange…