BUSINESS
Mustard oil producers urge FM Nirmala Sitharaman to remove stock limit on oilseeds
A representation in this regard was given to Nirmala Sitharaman by the association on Monday, which said that farmers have toiled hard to increase the production of oilseeds following which the import of edible oil came down to 135 lakh tonnes from 150 lakh tonnes.
India's space launch segment to propel to $13 bn by 2025: Report
"I'm glad our Prime Minister Narendra Modi encouraged us to go ahead as space domain became open for the public-private participation, also preparing players and the outcome is that the sector is today attracting increasing number of startups," Union Earth Sciences Minister, Dr Jitendra Singh, said.
SIP contribution touched all-time high of Rs 12,976 crore in Sep: AMFI data
Meanwhile net inflows into equity mutual funds jumped to Rs 14,099.73 crore in September from Rs 6,120 crore in the previous month, mainly due to positive flows across fund categories. Open-ended debt mutual funds witnessed net outflows of Rs 65,372.40 crore in September, primarily led by liquid and money market funds.
Delhi HC grants more time to DMRC to pay Reliance Infra arbitral award
Attorney-General of India R. Venkataramani apprised before the bench of Justice V. Kameswar Rao that in order to raise loans to pay the arbitration award to DAMEPL, the DMRC would fall into a 'debt trap' and expressed the apprehension of affecting its operations.
World Bank estimates Pakistan flood losses at $40 billion
Taking to Twitter, Senator Rehman said that Pakistan has appealed to the estimated damage to the infrastructure, crops, houses and roads is much higher. She added that the World Bank report suggests that about nine million Pakistanis will be forced into poverty due to the floods.
China's holiday spending plunges to seven-year low on Covid curbs
The National Day break is one of China's longest public holidays and usually a peak season for travel and spending. But this year, people were deterred from travelling by a resurgence of the virus and stringent Covid restrictions. Lockdowns and other control measures have intensified in recent weeks, including in some popular tourist destinations.
American trio wins Nobel for Economics
The American trio was given the honour for helping to "significantly improve our understanding of the role of banks in the economy, particularly during financial crises, as well as how to regulate financial markets", the jury said. The winners were announced by the Royal Swedish Academy of Sciences in Stockholm.
FM Nirmala Sitharaman to embark on US visit on Tuesday, to meet US Treasury Secretary Janet Yellen, World Bank chief
Nirmala Sitharaman will also take part in bilateral meetings with several countries, including Japan, South Korea, Saudi Arabia, Australia, Bhutan, New Zealand, Egypt, Germany, Mauritius, UAE, Iran and Netherlands, an official statement said. She will also hold one-on-one meetings with leaders and heads of OECD, European Commission and UNDP.
ViewSonic unveils new gaming monitor with 144z refresh rate in India
With a refresh rate of 144Hz, 1ms response time, and AMD FreeSync Premium Technology, the IPS monitor offers an incredible and seamless gaming experience. It will be available on Amazon and retail outlets for Rs 24,930.
Capgemini acquires Quorsus to boost capital markets service offerings
Headquartered in London, the team at Quorsus works across the financial ecosystem, applying their extensive post-trade capital markets knowledge and delivery capabilities to support clients in regulatory reporting, financial market infrastructure and securities processing.
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