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RBI keeps key interest rates unchanged

The Reserve Bank of India in its bi-monthly Monetary Policy statement issued today has maintained a status quo keeping the key interest rates unchanged. The reverse repo rate remains unchanged at 3.35 per cent, the repo rate at four per cent. The Monetary Policy Committee has also decided to
Business

PM Modi assures farmers that MSP and govt procurement will continue; Says agriculture reform bill to help eliminate middlemen

Prime Minister Narendra Modi has said the Agriculture reforms Bill will provide new opportunities to farmers to sell their produce, which will increase their profits. He was speaking after dedicating the historic Kosi Rail Mahasetu (mega bridge) to the nation through video-conference this afternoon. The Prime Minister asserted that these legislations will empower farmers
Business

Beaufond PLC to bring White paper on Corporate Social Responsibilities, Corporate Ethics & Corporate Governance to measure Innovations in Trade

Beaufond PLC, One of the fastest & innovative global Billion $ trading company with headquartered at Dubai International Financial Centre having formidable market share in pharmaceutical business has embarked on a mission to streamline corporate affairs by bringing out an exclusive research White paper on “Corporate Social Responsibilities (CSR) , Corporate
Business

Beaufond PLC announces 3rd Quarter 2019-20, posts 62.16 % increase in EBITDA to USD 17.736 million of against USD 10.937 million to the corresponding period of last year.

Beaufond PLC continues to pursue its development strategy and once again delivers strong operating results, outperforming its industry. Beaufond PLC’s pharmaceutical business has recorded an excellent performance in 2020, exhibiting once again the relevance of its strategy and its operational discipline. Quarter after quarter, Beaufond PLC demonstrates its ability to
Business

Finance Minister Nirmala Sitharaman unveils revival of economy post Prime Minister Narendra Modi’s announcement of Rs 20-lakh-crore stimulus package. Distressed MSME’s get breather.

Here is the full text of finance minister Nirmala Sitharaman’s announcements during the press-meet Covid-19 Package Nirmala Sitharaman on Wednesday released the details of the ₹20 trillion stimulus packages to restore the health of Indian economy hit by Covid-19 pandemic. Sitharaman said banks will provide Rs3 trillion as automatic collateral-free loans to standard MSMEs.