BJP terms Punjab crisis as ‘clash of ambitions, colossal failure of Rahul’

BJP terms Punjab crisis as ‘clash of ambitions, colossal failure of Rahul’

Thursday, 30 September 2021 | PNS | New Delhi

The  BJP on Wednesday  described  the Punjab political turmoil and developments in the State Congress  unit  as a “clash of ambition” and  said it reflected  a “colossus failure” of former Congress  president Rahul Gandhi. Addressing a press conference here,  BJP national spokesman Sambit Patra  said on account of its gross mismanagement...

Sebi introduces swing pricing mechanism for debt mutual fund schemes

Thursday, 30 September 2021 | PTI | New Delhi

Capital markets regulator Sebi on Wednesday decided to introduce a swing pricing mechanism for open-ended debt mutual fund schemes, a move that will discourage large investors from sudden redemptions.        To begin with, the swing pricing framework will be made applicable only for scenarios related to net outflows from the schemes, the...

Goyal refutes rumours of Govt reducing import duties on Chinese apples

Thursday, 30 September 2021 | PTI | New Delhi

Dismissing rumours about cheap Chinese apples coming into India, Commerce Minister Piyush Goyal on Wednesday said the Government has not reduced any duties and all imports take place in accordance with the WTO stipulations.  "Some people are spreading falsehood that the government hasreduced duties on apples coming from China. This is...

Top 7 cities see 113% rise in housing sales in Q3 2021, new launches up 98%: Report

Thursday, 30 September 2021 | PNS | Mumbai

In Q3 2021, housing sales surged 113 percent y-o-y across the top 7 cities - from approximately 29,520 units in Q3 2020 to nearly 62,800 units in Q3 2021, Anarock has said in its latest report.If this growth in sales, MMR or Mumbai metropolitan region for 33 percent of the...

Centre to inject Rs 4,400 cr in ECGC

Thursday, 30 September 2021 | PTI | New Delhi

The Union Cabinet on Wednesday approved capital infusion of Rs  4,400 crore in the state-owned Export Credit Guarantee Corporation (ECGC) and its listing through an initial public offering. The Government will inject Rs 4,400 crore in the ECGC over a period of five years beginning 2021-22, said Commerce Minister Piyush Goyal...

Sensex drops over 150 pts in early trade; Nifty slips below 17,700

Thursday, 30 September 2021 | PTI | Mumbai

Equity benchmark Sensex dropped over 150 points in early trade on Thursday, tracking losses in index majors Reliance Industries, HDFC Bank and ICICI Bank amid sustained foreign fund outflow. The 30-share Sensex was trading 178.60 points or 0.30 per cent lower at 59,234.67. Similarly, the Nifty declined 49.15 points or 0.28...

Airtel to invest Rs 5K crore to scale up data centre business

Thursday, 30 September 2021 | IANS | New Delhi

Communications solutions provider Bharti Airtel on Thursday said it plans to invest Rs 5,000 crore to scale up its data centre network. Accordingly, the investment will include setting up new data centre parks in key metro cities. Besides, the company unveiled a refreshed brand identity for its data centre business 'Nxtra by...

Sensex tumbles 287 pts; Nifty slips below 17,650

Thursday, 30 September 2021 | PTI | Mumbai

Sliding for the third straight day, equity benchmark Sensex dropped 287 points on Thursday amid losses in index majors Reliance Industries, Infosys and ICICI Bank as monthly derivatives expired. After a volatile session, the 30-share BSE index ended 286.91 points or 0.48 per cent lower at 59,126.36. Similarly, the NSE Nifty...

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