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The Indian Print Business News

  • Business

    Navy shocks Anil Ambani, cancels Reliance Naval's Rs 2,500 crore NOPV contract

    New Delhi: The Indian Navy has canceled the contract to supply Rs 2,500 crore Naval Offshore Patrol Ships (NPOV) awarded to Reliance Naval and Engineering Limited (RNEL). A source familiar with the matter said that these contracts were canceled due to delay in the supply of NPOV. He said that the contract was canceled two weeks ago due to delay in supply of ships. The...

    • a week ago
  • Business

    Exporters said, the closure of the automatic vigilance list system of RBI will provide big relief

    MUMBAI: Exporters said on Friday that they were relieved after the Reserve Bank of India (RBI) announced the closure of the automatic vigilance list system for exporters. Through this system, information is received about the payment received on the exported goods. He said that the industry is going through difficult times due to Corona virus...

    • a week ago
  • Business

    RBI fixes issue price of gold bond at Rs 5,051 per gram

    Mumbai: The Reserve Bank of India (RBI) said in a statement on Friday that the issue price of gold bonds has been fixed at Rs 5,051 per gram. The series of Sovereign Gold Bond Scheme 2020-21 - will be open from October 12 to October 16 for seven subscriptions. "The value of the bond is Rs. 5,051 per gram based on the average closing price of 999 purity gold in the last three trading...

    • a week ago
  • Business

    The country's foreign exchange reserves rose by $ 3.618 billion to $ 545.638 billion.

    MUMBAI: The country's foreign exchange reserves rose by $ 3.618 billion in the week ended October 2, 2020 to touch an all-time record high of $ 545.638 billion. The Reserve Bank of India (RBI) released data in this regard on Friday. Earlier, in the week ended September 25, the country's foreign exchange reserves had decreased by $ 3.017 billion to $ 542.021...

    • a week ago
  • Business

    Reserve Bank's Policy Announcement Overall Positive, Focused on Growth: Expert

    New Delhi: Experts in banking and finance sector said on Friday that the Reserve Bank's decision to keep the policy rate unchanged is an attempt to keep inflation under control, keeping the growth in view of the current situation of Corona virus epidemic. Reserve Bank Governor Shaktikanta Das said after a three-day meeting of the Monetary Policy Committee (MPC) that...

    • a week ago
  • Business

    Constant increase in prices of edible oils, mustard oil reaches Rs 160

    Business Desk: Edible oils were already selling 25 to 33 per cent more expensive than last year but now the prices have jumped further due to increased demand in the festive season and the blending of other oils in mustard oil. The price of mustard oil has reached Rs 160 per kg. After potato-onion, now edible oil is loosening the pockets of the common man. Within the last 1...

    • a week ago
  • Business

    ONGC fears loss of Rs 6,000-7,000 crore in gas business

    New Delhi: The country's largest oil and gas producer ONGC said on Friday that it was going to incur a loss of Rs 6,000 to 7,000 crore in the natural gas business. The reason for this loss to the company is the fuel rate as per the government order which has reached the minimum level of a decade. The loss of Rs 6,000 to 7,000 crore, Subhash Kumar, director (finance) of Oil and Natural Gas...

    • a week ago
  • Business

    Give only that year's details in the annual returns of taxpayers 2018-19: Ministry of Finance

    New Delhi: The Finance Ministry on Friday said that taxpayers are required to disclose only transactions related to that financial year in the 2018-19 annual GST return. According to a statement of the Ministry, it was informed that the GSTR-9 automatically filled for the year 2018-19 also contains the data for the financial year 2017-18. However,...

    • a week ago
  • Business

    Corona increases demand for home-grown spices, Indian decoction being used globally

    Business Desk: In the Corona crisis, India not only provided medicines to the world, but the world is also using Indian spices to increase immunity. Hence both demand and prices of these spices have increased. There has been a jump of 34% in spice exports. In the Corona era, not only the country, but people from all over the world are busy in increasing immunity...

    • a week ago
  • Home

    Adani Gas reduces CNG-PNG prices, know what is the new price

    New Delhi: Adani Gas has cut prices of CNG and Piped Natural Gas (PNG) in various fields. This is in line with the recent government cut in natural gas prices. The company said in a statement that it has cut gas prices in Uttar Pradesh, Haryana and Gujarat. According to the statement, the price of CNG has been cut by Rs 1.75 per kg in Khurja in Uttar Pradesh. After this cut, the price...

    • a week ago

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