Author: Finance Khabar
New Delhi: Baba Ramdev’s Patanjali Ayurved has said that Coronil has received certification from the Ministry of AYUSH. This recognition has been received under the World Health Organization Certification Scheme. The company has claimed that it is the first evidence-based drug for the treatment of Covid 19. Patanjali Ayurved launched this medicine on Friday under the chairmanship of Union Health Minister Harsh Vardhan for the treatment of corona. Transport Minister Nitin Gadkari presided over the program. Patanjali has said in a statement, “Coronil has received the Certificate of Pharmaceutical Product from the Department of AYUSH, Central Drugs Standard Control Organization.…
Mumbai: The domestic stock market has also seen weakness amid weak global cues. Both the Sensex and Nifty indices have closed in the red mark. The Nifty has slipped below 15000. After midday due to huge profit realization in PSU bank shares, the market decline has increased. Currently, the Sensex has fallen by 435 points and has closed at the level of 50890. During the business, it weakened to the level of 50624. At the same time, the Nifty lost 137 points and closed below the 15000 level at 14982. Even before this, there was a decline in the market…
New Delhi: If you are looking for a chance to buy gold, then this can be a good opportunity. This is because the price of 24 carat pure gold has come down to Rs 46,000 per ten grams in the bullion market. In fact, the spot price of pure gold in the Delhi bullion market fell by Rs 320 to Rs 45,867 per ten grams under 46 thousand rupees. At the same time, the price of silver was recorded at Rs 68,283 per kg with a slight increase of Rs 28. Earlier, on the last trading session i.e. on February…
The domestic stock market has seen weakness among mixed global signals. Sensex and Nifty started in business in green mark, but after some time both indices came in red mark. The Nifty has closed around 15100. At the end of trading, the Sensex has a weakness of about 379 points and closed at the level of 51325. At the same time, there has been a weakness of 90 points in the Nifty and it has closed at the level of 15119. In today’s business, PSU bank, IT and metal stocks have been increasing, so auto stocks have been sold. A…
New Delhi: The Central Board of Direct Taxes (CBDT) has so far issued over Rs 1,93,455 crore in refunds to over 1.90 crore taxpayers from April 1 till February 15, the Income Tax department said on Wednesday. As per the I-T department, income tax refunds of Rs 68,515 crore have been issued in connection with 1,88,02,365 cases and corporate tax refunds of Rs 1,24,939 crore have been issued in 2,16,064 cases. “CBDT issues refunds of over Rs 1,93,455 crore to more than 1.90 crore taxpayers taxpayers between 1st April, 2020 to 15th February, 2021. Income tax refunds of Rs 68,515…
New Delhi: Twitter India has launched a new voice message feature in direct messages (DMs) on social media platforms. Users can now send Voice DM, which should be 140 seconds long. This feature has been made available for both Android and iOS users. Currently, the new feature is being launched in select countries, including India, Brazil and Japan. On the new feature, Manish Maheshwari, Managing Director of Twitter India said that India is a priority country for Twitter and hence they are constantly testing new features and learning from the experience of people on the service. They are eager to…
New Delhi: The Modi government has approved a Product Linked Incentive (PLI) of Rs 12,195 crore for telecom equipment manufacturing. The decision was taken in a cabinet meeting chaired by Prime Minister Narendra Modi on Wednesday. The government believes that this initiative will give a boost to the self-reliant India campaign and will encourage manufacturing in the telecom sector. This scheme will be effective from 1 April 2021. This will produce about Rs 2.4 lakh crore worth of telecom equipment in the next five years. Union Communications Minister Ravi Shankar Prasad informed the media about the cabinet decision that the…
New Delhi: India, the world’s third largest oil consumer, on Wednesday appealed to Saudi Arabia and other global oil producers to reduce the level of crude oil production cuts. India has said that the economic recovery and demand is being damaged due to the expensive oil in the international market. Petroleum Minister Dharmendra Pradhan said that recovery in demand should be given priority over oil prices for the next few months. Since the announcement of Saudi Arabia’s voluntary reduction of 1 million barrels per day in February and March, the price of oil in the international market has been rising.…
MUMBAI: Domestic stock markets closed down today due to weak signals from global markets as well as profit booking in groups such as health care banking and finance at the domestic level. During this period, the BSE Sensex slipped 400 points and the NSE Nifty slipped 105 points. The BSE Sensex fell 400.3 4 points to 5170 3.83 points. The National Stock Exchange (NSE) Nifty fell 104.55 points to 1520 at 8.90 points. While the selling was seen in the big companies, the Diwali trend continued in the medium and small companies. Due to this, the mid-cap of BSE rose…
Bangalore: Despite the impact of COVID-19, the Indian technology sector rallied round to grow at 2.3 pc year on year in the financial year 2020-21 on the back of rapid acceleration in digital transformation and tech adoption, said a Nasscom report. The industry is expected to add over 138,000 net new hires in FY2020-21, taking total employee base to 4.47 million, according to the IT industry body’s Strategic Review 2021 titled, ‘New World: The Future is Virtual.’ Indian tech contributed near 8 pc relative share to the national gross domestic product, with 52 pc relative share in services exports, and…
New Delhi: After a virtual conversation with Amit Agarwal, Global Senior Vice President of Amazon and Country Head for India and Chetan Krishnaswamy, Vice President, Public Policy of Amazon India on Wednesday, the Union Minister for Electronics and IT, Ravi Shankar Prasad took to Twitter and the homegrown social media platform Koo, to make the announcement. “Held a very good conversation with @AmitAgarwal and @Chetankrishna of @amazonIN today. Delighted to share that soon Amazon will commence manufacturing of electronics products like FireTV stick in India,” Prasad said. Further, Amazon also has announced its plans to begin manufacturing Amazon Devices in…
Mumbai: The domestic stock market has closed today with a slight decline amid better global cues. The stock market started with record highs but later saw a profit recovery. Today the Sensex crossed 52500 and the Nifty crossed 15400 in the morning. Sensex today touched a new level of 52516. At the end of trading, the Sensex fell by 50 points and closed at the level of 52104. At the same time, the Nifty had a weakness of 1 point and it closed at the level of 15313. Metal and PSU bank stocks rose in today’s business. At the same…
True – the globe was taken aback by the proliferation of a virus! We are still reeling from the effects of the pandemic and subsequent lockdowns. But, it is only in the darkest nights that stars shine. And shine, we did! Not for a second did Wave faltered in making your dream of affordable housing a reality, even in the face of a pandemic. Yes, the Realty sector, just like all the other sectors faced a severe blow, and several projects faced an uncertain future. However, Wave city made use of the time to develop a robust yet flexible project…
Honda Motorcycle & Scooter India on Tuesday launched its new racer bike Honda CB350 RS Scrambler in the Indian two-wheeler market. Equipped with a very attractive look and powerful engine, the price of this bike has been fixed at Rs 1.96 lakh (ex-showroom, Gurugram). Booking for CB350 RS can be done at all Honda Big Wing showrooms. At the same time, its delivery will start in early March. A 348.6cc, single-cylinder air-cooled engine has been used to power the new Honda CB350 RS which also powers the Hness CB350. This engine is capable of generating 20.78bhp power at 5,500rpm and…
MUMBAI: In an effort to provide preventive and effective healthcare solutions to every patient, Dr Batra’s has revolutionized the future of homeopathy through scientific, precise, safe and uniquely planned treatment solutions. Through its latest offering, Dr Batra’s brings Derma Heal, a first-of-its-kind, easy and pain-free skin care solution to its patients. Derma Heal – a revolutionary skin care treatment, combines the goodness of UVB light rays and homeopathy to treat skin diseases safely and naturally. Each Derma Heal session takes only 30 mins and is administered by trained therapists under the guidance of qualified homeopathic dermatologists. With a proven efficacy…
New Delhi: Indian exports increased by 6.16 percent to $ 27 billion 45 million in January of the current year as against 25 billion 85 crore dollars in the same period last year. The Union Ministry of Commerce and Industry said in the data released here on Monday that the demand for Indian products in the international market is increasing. According to the data, total imports in January 2021 have been $ 41 billion 99 million dollars. Total imports in January 2020 stood at $ 41 billion 150 million. It has increased by 2.03 percent. According to the data, in…
Mumbai: The domestic stock market has witnessed a great boom amid better global signals. Both the Sensex and Nifty indices reached their record highs on February 15. At the same time, the closing of the market also took place at a record level. The Sensex broke the level of 52 thousand for the first time today. At the same time, the Nifty also crossed the 15300 mark. Currently, the Sensex has gained 610 points at the end of trading and has closed at the level of 52154. The Nifty closed at the level of 15315 with a strength of 151…
The market capitalization (market cap) of seven of the top 10 companies of the Sensex increased by Rs 1,40,430.45 crore last week. The biggest beneficiary in this has emerged as Reliance Industries. BSE gained 812.67 points or 1.60 per cent during the week. The companies that benefited from his valuation included Reliance Industries, Tata Consultancy Services, Infosys, HDFC, ICICI Bank, State Bank of India and Bajaj Finance. While the market capitalization of HDFC Bank, Hindustan Unilever and Kotak Mahindra Bank has decreased. The market valuation of Reliance Industries rose by Rs 74,329.95 crore to Rs 12,94,038.34 crore, which is the…
Mumbai: Net FPI inflow into equities in the month of February has been Rs 20,593 crore, as per NSDL data. Since January, FPIs have invested over Rs 39,000 crore. S.Ranganathan, Head of Research at LKP Securities said that sectors like private banks, consumer, FMCG and IT have seen foreign flows as Indian companies have exhibited resilience and demonstrated growth post lifting of the lockdown restrictions in Q3. “We expect foreign flows to be positive in Q4 as well in line with the trend so far as the Budget has been pro-growth with privatisation gaining ground,” he said. Further, hopes on…
New Delhi: For the first time post the Covid-19 pandemic, the cumulative freight revenue of Indian Railways has surged past last year’s levels to Rs 98,068.45 crore, as compared to Rs 97,342.14 crore recorded in the corresponding period of the previous year. The Railway Ministry said that on a month-on-month basis as well, the Railways has overtaken last year’s freight revenue figures in the first 12 days of February by 5 per cent. The ministry said that on a monthly basis, the freight revenue has surged Rs 206 crore in February 2021 compared to the corresponding period of February last…