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Jan-Mar gold biz shines on strong Rs , lower prices
A strengthening rupee along with a drop in gold prices boosted demand for the precious metal in the January-March quarter — traditionally a weak period — by 5% year-on-year to 159 tonnes, according to data from the World Gold Council. The council has also given a 2019 guidance for demand growth to 800-850 tonnes — 5-10% higher — indicating better fortunes for the trade. “The strengthening of the rupee and the fall in local gold prices towards the later part of the quarter triggered a rise in India’s gold demand by 5%.
Blue Star net profit jumps over twofold to Rs 79.84 cr in March quarter
Air conditioner maker Blue Star Ltd Thursday reported over twofold jump in its consolidated net profit to Rs 79.84 crore for the fourth quarter ended on March 2019, driven by its electro-mechanical projects business.
The company had a net profit of Rs 31.71 crore in the January-March quarter a year ago, Blue Star said in a BSE filing.
Water Storage Level of 91 Major Reservoirs of the Country Goes Down by One Percent
The water storage available in 91 major reservoirs of the country for the week ending on May 02, 2019 was 40.592 BCM, which is 25% of total storage capacity of these reservoirs. This percentage was at 26 for the week ending on April 25, 2019. The level of water storage in the week ending on May 02, 2019 was 115% of the storage of corresponding period of last year and 104% of storage of average of last ten years.
Government and IIT-Delhi to set up a Centre of Excellence for Waste to Wealth Technologies
To commemorate the 150th birth anniversary of Mahatma Gandhi, the Office of the Principal Scientific Adviser (PSA) to the Government of India and Indian Institute of Technology Delhi (IIT Delhi) have come together to bring the best of science and technology to implement waste management in India.
Indians prefer budget travel, domestic destinations this summer: Survey
India is beating global destinations with more than half of country's travellers looking to go domestic this year, and that too on a tight budget, a new survey has revealed.
Iraq continues to be India's top oil supplier, imports from US rises 4-folds
Iraq has for the second year in a row become India's top crude oil supplier, meeting more than a fifth of the country's oil needs in 2018-19 fiscal year.
GST Revenue collection for April, 2019 recorded highest collection since GST implementation
The total gross GST revenue collected in the month of April, 2019 is Rs 1,13,865 crore of which CGST is Rs 21,163 crore, SGST is Rs 28,801 crore, IGST is Rs 54,733 crore (including Rs 23,289 crore collected on imports) and Cess is Rs 9,168 crore (including Rs 1,053 crore collected on imports
GST Revenue collection for April, 2019 recorded highest collection since GST implementation
The total gross GST revenue collected in the month of April, 2019 is Rs 1,13,865 crore of which CGST is Rs 21,163 crore, SGST is Rs 28,801 crore, IGST is Rs 54,733 crore (including Rs 23,289 crore collected on imports) and Cess is Rs 9,168 crore (including Rs 1,053 crore collected on imports
Bharti AXA General to sell two-wheeler policies via WhatsApp
Bharti AXA General Insurance Tuesday said it will sell policies through social media messaging platform WhatsApp and has tied up with web aggregator Wishfin Insurance for speedy delivery of two-wheeler cover.
Godrej Properties Q4 profit jumps 4-fold to Rs 157cr; to raise up to Rs 2,500cr
New Delhi, Apr 30 () Realty firm Godrej Properties Tuesday reported nearly four-fold jump in its consolidated net profit to Rs 156.66 crore for the fourth quarter of last fiscal on higher sales.
The company had posted a net profit of Rs 42.28 crore in the year-ago period, the Mumbai-based developer said in a regulatory filing.
Godrej Properties Q4 profit jumps 4-fold to Rs 157cr; to raise up to Rs 2,500cr
New Delhi, Apr 30 () Realty firm Godrej Properties Tuesday reported nearly four-fold jump in its consolidated net profit to Rs 156.66 crore for the fourth quarter of last fiscal on higher sales.
The company had posted a net profit of Rs 42.28 crore in the year-ago period, the Mumbai-based developer said in a regulatory filing.
Yes Bank shares dive 30% on Q4 loss
NEW DELHI: Shares of Yes Bank plummeted nearly 30 per cent on Tuesday after the company reported a loss of Rs 1,506.64 crore for the fourth quarter ended March 31, owing to rise in provisioning for bad loans.
The scrip after a weak opening further tumbled 28.39 per cent to Rs 170 on the BSE.
Dighi Port: JNPT unable to give bank guarantee
NEW DELHI: It was only after a prod by the government that the Jawaharlal Nehru Port Trust (JNPT) bid for ailing Dighi Port, where Adani group was one of the top contenders. But curiously for close to two months, the country’s largest container port is unable to furnish a bank guarantee of Rs 100 crore as the government dithers on granting clearance.
Eliminating discriminatory tendencies against Divyaangjan should be the first step in empowering them: Vice President
As a society, we need to ensure that no stigma is attached with disability;
Community welfare is at the very heart of India’s social ethos.The Vice President, Shri. M. Venkaiah Naidu said today that the empowerment of differently abled persons should start with the complete and total annihilation of discriminatory tendencies against them.
Auction for Sale (Re-Issue) of Government Stocks
The Government of India has announced the Sale (Issue/Re-issue) of (i) ‘7.00 per cent Government Stock, 2021’ for a notified amount of Rs. 3,000 crore (nominal) through price based auction, (ii) ‘7.27 per cent Government Stock, 2026’ for a notified amount of Rs.
