Business News ( English Version)


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  • RBI dividend to Centre slashed by 70% in FY22 May 20, 2022
    The RBI has also taken a hit on its foreign investment as the value of debt securities fell due to the rise in interest rates. It has also had to spend over $40 billion of its reserves to stem volatility in the market and will need to set aside more money to replenish reserves.
  • Piyush Goyal to lead team India at WEF in Davos May 20, 2022
    Commerce and industry minister Piyush Goyal will lead the delegation of ministers, chief ministers and business leaders at the World Economic Forum (WEF) in Davos from May 23-25, an official statement said on Friday.
  • Paytm Q4 loss widens to Rs 761 crore May 20, 2022
    Digital financial services firm One97 Communications, which operates under the Paytm brand, on Friday reported widening of its consolidated loss to Rs 761.4 crore for the quarter ended March 2022 on account of rise in payment processing charges and employees benefit expenses.
  • IGL says CNG prices to stay high, may revise rates monthly May 20, 2022
    Compressed natural gas (CNG) consumers in Delhi-NCR (national capital region) are unlikely to get any respite anytime soon as Indraprastha Gas Ltd (IGL) may have to revise rates every month as a result of a new gas allocation guideline, even as the company is looking at reducing cost of operation to soften the blow for consumers.
  • Govt steps boost coal-based power output, avert major blackout May 20, 2022
    Coal-fired electricity generation has registered a sharp increase this month, preventing large-scale blackouts as the the power, coal and railway ministries made a concerted bid to improve fuel supply to power stations from domestic sources and imports.