In September, the Bank had said rates would need to remain “sufficiently restrictive for sufficiently long.”
Transportation and Logistics sector is one of the major drivers of the economic growth, with auto and auto component industry’s turnover contributing 49 per cent of India’s manufacturing gross domestic product (GDP).
According to industry experts and analysts, crossing the payment hurdle is not going to be too difficult if India and Russia work together.
The government has amended the export policy of this variety of rice from ‘Free with export duty of 20%’ to ‘Prohibited’ with immediate effect.
Elon Musk continues to top the index with a net worth of $220 billion, followed by Jeff Bezos at $169 billion.
TCS announced a share buyback for Rs 17,000 crore at a price of Rs 4,150 a share on October 11.
According to the data released by the Petroleum Planning & Analysis Cell of the Ministry of Petroleum and Natural Gas, India’s jet fuel consumption in January-June this year was 3.94 million tonnes.
TCS’ revenue from operations increased 12.55 per cent on a year-on-year basis to Rs 59,381 crore and was marginally up from the preceding March quarter’s Rs 59,162 crore.
With 10 mills, all in eastern UP, that can together crush 80,000 tonnes of cane daily and five distilleries with combined alcohol production capacity of 1,050 kilo-litres per day (KLPD), the Rs 4,728.65-crore turnover BCML is India’s largest integrated sugar-cum-ethanol producer.
Sources said the Directorate General of Civil Aviation (DGCA) has asked P&W to set up a local MRO facility in the light of growing engine issues and no resolution in sight.