Seven of top-10 companies add Rs 1.31 lakh-crore in m-cap; HUL, TCS lead chart

New Delhi: Seven of the 10 most valued domestic companies together added Rs 1,31,173.41 crore in market valuation last week, with HUL and TCS emerging as the biggest gainers. Reliance Industries, Infosys, HDFC, Bajaj Finance and Wipro also saw a rise in their market valuations, while HDFC Bank, ICICI Bank and SBI suffered losses. The […]

Indian startups raised $6.5 bn funding in Q2 2021, 11 new unicorns created

New Delhi: Indian startups received about $6.5 billion in funding in the April-June 2021 quarter, while 11 of them entered the coveted unicorn club, a report by Nasscom-PGA Labs said. During the second quarter, 160 funding deals were closed — up 2 per cent from the January-March period. “Q2 2021 has been impeccable for the […]

MG Motor to invest Rs 2,500 cr by 2022-end to ramp up Halol plant capacity

Mumbai: MG Motor India is investing Rs 2,500 crore by the end of next year to increase the production capacity at its Halol plant in Gujarat, as it gears up to launch its mid-size SUV Astor, according to a top company official. Despite the worsening semiconductor shortage situation, which is likely to continue for at […]

Government fixes MSP for hand spun, hand woven Pashmina

SRINAGAR: In a significant step towards promotion of Handicrafts, the Directorate of Handicrafts and Handloom, Kashmir has announced a Minimum Support Price (MSP) for GI certified Pashmina shawls. The decision was taken considering the importance for promotion of GI for hand spun and hand woven Pashmina. GI has acquired importance due to assured quality and […]

DC Gbl reviews progress of works under District Capex Budget

1893 works to be completed under DCB GANDERBAL: The Deputy Commissioner (DC) Ganderbal, Krittika Jyotsna today reviewed the progress of works proposed under District Capex Budget (DCB) 2021-22. The meeting discussed detailed proposals under the District Capex Plan, 2021-22 including physical status of projects targeted for completion in the current fiscal and took a comprehensive […]

Director Agri Kmr takes on-field assessment of various Agricultural activities across Srinagar

SRINAGAR: To take on field assessment of different Agricultural activities during the ongoing season, Director Agriculture Kashmir, Chowdhary Mohammad Iqbal visited different areas of Srinagar district. During the visit, the Director inspected various vegetable fields, maize fields of the farmers and Paddy Seed Villages laid by the department. He said that a special approach must […]

Reconsider call for strike on Aug 23, mandatory gold hallmarking big success so far: Govt to GJC

New Delhi: Asserting that the mandatory hallmarking of gold jewellery in 50 days of its first phase of implementation has been a “grand success”, the government on Saturday urged jewellery body GJC to reconsider its decision to go on strike on August 23. The All India Gem and Jewellery Domestic Council (GJC) has called a […]

Forex reserves decline USD 2.10 bn to USD 619.365 bn

Mumbai: India’s foreign exchange reserves decreased by USD 2.099 billion to stand at USD 619.365 billion for the week ended August 13 due to a fall in core currency assets and gold, RBI data showed on Friday. The forex kitty had increased by USD 889 million to a lifetime high of USD 621.464 billion in […]

Horticulture Deptt organizes awareness programme for Orchardists

BANDIPORA: The Department of Horticulture on Saturday organised a daylong awareness programme for progressive orchardists with an aim to equip them with modern farming techniques. A large number of farmers attended the awareness programme. During the programme Subject Matter expert Shakeel ur Rehman and In-Charge Fruit Plant Nursery Tahira un Nisa interacted with the farmers […]

Investors should be like Rahul Dravid: Book

New Delhi: Investing is like Test cricket and investors should aim to be like the tenacious Rahul Dravid – combine technical abilities with behavioural skills to achieve outsized success, says a new book. Test cricket and investing in Indian equities have interesting parallels, an appreciation of which can help newcomers understand the process of investing […]