(ET) Four state owned oil companies — Indian Oil Corp, Bharat Petroleum Corp, Hindustan Petroleum and ONGC — together garnered about Rs 12,500 crore in the biggest single-day fund-raising since the lockdown began. Companies sought to raise the short-term funds to meet working capital needs. Fund houses and banks, looking for safe bets, bought these commercial papers (CPs) maturing in a maximum of three months. “The government-backed oil refiners sought to raise money cheaply, taking advantage of the broader risk aversion,” said Dhawal Dalal, CIO – fixed income at Edelweiss Asset. “Any investor, be it a fund house or a bank, is comfortable investing in these companies that are…
Author: Aruna Sharma
देश के कोने-कोने से कोरोना वॉरियर्स के सम्मान की कुछ ऐसी तस्वीरें भी आ रही हैं. जो न सिर्फ दिल को सुकून देती हैं, बल्कि हमें और आपको भी कोरोना वॉरियर्स के साथ कुछ इसी तरह का बर्ताव करने का संदेश दे रही हैं. उत्तराखंड की राजधानी देहरादून में राज्य सरकार में हायर एजुकेशन की वाइस चेयरमैन (उपाध्यक्ष) दीप्ति रावत भारद्वाज (राज्य मंत्री दर्जा प्राप्त) के डिफेंस कॉलोनी स्थित घर पर जब LPG डिलीवरी ब्वॉय गैस सिलेंडर देने पहुंचे, तो उन्होंने अपना फर्ज निभाते हुए कोरोना की जंग को सफल बनाने से जुड़ी चार अहम बातें मैडम को बतानी शुरू…
(ET) Haryana Government has accorded approval to partially restore the VAT rate on sale of Diesel and Petrol in view of the decrease in price of nearly Rs 15 per litre compared with their prices in October 2018. A decision to this effect was taken in the Haryana Cabinet which met under the Chairmanship of Chief Minister, Manohar Lal here today. The increase in rate of tax would be Rs 1 per litre in case of Petrol and Rs 1.1 per litre in case of Diesel. It may be recalled that in October 2018, Haryana had reduced rate of VAT on…
(Hindustan) दिल्ली से सटे हरियाणा के जिलों में कोरोना संक्रमितों की संख्या बढ़ने के बाद गुरुवार को जिला प्रशासन ने सख्त कदम उठाते हुए गुरुग्राम-दिल्ली बार्डर सील कर दिया। यह आदेश शुक्रवार सुबह 10 बजे से प्रभावी होंगे। इसके बाद रोज काम के सिलसिले में जाने वाले लोग आवागमन नहीं कर पाएंगे। आदेश में कहा गया है कि गुरुग्राम में जो लोग काम कर रहे हैं लेकिन वे यहां के निवासी नहीं है, उनके लिए प्रबंधन गुरुग्राम में रहने की व्यवस्था करे। जो गुरुग्राम वासी बाहर काम करते हैं वे लोग अपने प्रबंधन से वहीं पर आवास की व्यवस्था करवाएं।…
(ET) PM Narendra Modi asked coal and mines ministries to roll out the next wave of reforms for attracting big-ticket investments, domestic processing of minerals and substituting imported thermal coal with inventory of domestic output for building self-reliance in these areas. A government statement said the PM asked the top brass from both the ministries to reform the structure for auctioning mines and put in place efficient institutional arrangements to ensure wider participation from the private sector in exploration and mining. The PM’s stress on moving towards self-reliance and investments comes in the backdrop of the government drawing up a blueprint to kickstart economic activities and generate…
(DJ) प्रधानमंत्री नरेंद्र मोदी ने रूस के प्रधानमंत्री (Russian Prime Minister) मिखाइल मिशुस्तिन के जल्द स्वस्थ होने की कामना की है। मिखाइल मिशुस्तिन कोरोना वायरस की चपेट में आ गए हैं। पीएम मोदी ने कहा कि उम्मीद है रूस के प्रधानमंत्री जल्द से जल्द ठीक हो जाएंगे। फिलहाल मिखाइल मिशुस्तिन आइसोलेशन में रह रहे हैं। समाचार एजेंसी एपी के मुताबिक, देश के पहले उप प्रधानमंत्री आंद्रे बेलौसोव अस्थायी रूप से मिशुस्तिन का कामकाज देखेंगे। पीएम मोदी ने ट्वीट किया- जल्दी ठीक होने और अच्छे स्वास्थ्य के लिए रूसी पीएम मिशुस्तिन को मेरी शुभकामनाएं। उन्होंने यह ट्वीट अंग्रेजी और रूसी दोनों…
(ET) Steel Authority of India Ltd is quoting at Rs 31.1, up 2.98% on the day as on 12:54 IST on the NSE. The stock is down 44.71% in last one year as compared to a 16.26% slide in NIFTY and a 41.49% slide in the Nifty Metal index. Steel Authority of India Ltd is up for a third straight session today. The stock is quoting at Rs 31.1, up 2.98% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 2.78% on the day, quoting at 9818.75. The Sensex is at 33655.22, up…
(ET) The government is seeking to raise up to Rs 10,000 crore in its maiden tax-free bond issue to help bridge the fiscal gap, which is set to widen in the aftermath of Covid-19-induced economic disruptions and low tax collections. The finance ministry has begun negotiations with bankers on a likely tax-free bond issue. The money may be raised in multiple instalments, people aware of the plan. “We are in talks with bankers and other resources regarding the launch of such an issue,” said one of them. The government plans to raise temporary funds from the central bank through ways and means…
(NDTV) Prime Minister Narendra Modi met with Home Minister Amit Shah, Finance Minister Nirmala Sitharaman, Commerce Minister Piyush Goyal and other senior government officers today to discuss ways to attract more foreign investment and boost the economy during the COVID-19 pandemic. At the meeting, during which the Prime Minister and others were seen sitting apart to maintain social distancing, plug-and-play infrastructure in existing industrial estates was discussed. States were also urged to take a proactive approach in helping investors get necessary government clearances. “Various strategies to bring investments into India in a fast-track mode and to promote Indian domestic sectors…
(DP) The Sipat-based unit of India’s largest power producer in public sector, has distributed 24900 face masks to hundreds of people in 13 villages on Thursday, a press statement informed. The masks were handed over to village sarpanchs by K Sreelatha, AGM (HR) in presence of A K Bokhad, DGM (CSR) and Sonit Kumar, Manager (CSR). It was also advised to all the sarpanchs to download “Aarogya Setu App” in their mobile phone, further banners were distributed for wider publicity among the villagers about this app. In the fight against Covid-19, the NTPC Sipat unit and its associates have taken a number…