FAO sees record global cereal output in 2019(23:54) Rome, Dec 5 (IANS/AKI) This year will see an all-time record cereal harvest of 2,714 billion tonnes, 0.4 per cent higher than previously forecast and a 2.1 per cent increase from 2018, the United Nations Food and Agriculture Organisation said on Thursday.
MG Motor India unveils electric Internet SUV ZS EV(22:24) New Delhi, Dec 5 (IANS) Automobile manufacturer MG Motor India on Thursday unveiled 'India's First Pure Electric Internet SUV' - the ZS EV - which will be produced at the company's Halol plant in Gujarat.
Jio's new tariffs 7-20% lower than its competitors: CLSA(22:22) Mumbai, Dec 5 (IANS) Brokerage firm CLSA on Thursday said that the new tariffs announced by Reliance Jio are 7-20 per cent lower than the new rates offered by its competitors.
India software market grew 12.4% in H1 2019: IDC(22:18) New Delhi, Dec 5 (IANS) The Indian software market grew 12.4 per cent year-on-year in January-June of 2019, according to an International Data Corporation (IDC) report on Thursday.
Flipkart leads $60mn investment in logistics platform Shadowfax(21:54) Bengaluru, Dec 5 (IANS) Walmart's Flipkart has led a $60 million financing round in logistics platform Shadowfax as the online retailer looks to expand hyperlocal delivery capabilities.
India's domestic passenger traffic up to 3.6% in Oct: IATA(21:48) New Delhi, Dec 5 (IANS) Commencement of tourist season accelerated the rise in India's year-on-year domestic air passenger traffic growth rate to 3.6 per cent in October from 1.6 per cent in September.
Rs 200 cr set as minimum net worth for small finance banks(21:34) Mumbai, Dec 5 (IANS) The Reserve Bank of India on Thursday issued guidelines for 'on tap' licensing for 'Small Finance Banks in the Private Sector' and set a minimum net worth of Rs 200 crore to set up such entities.
Maha govt wants PMC Bank to merge with MSC Bank(21:08) Mumbai, Dec 5 (IANS) Spelling a ray of hope for thousands of depositors, the Maharashtra government has suggested merging the Punjab & Maharashtra Cooperative (PMC) Bank with the Maharashtra State Cooperative (MSC) Bank, state minister Jayant Patil said here on Thursday.
Goa releases dues to onion traders to lower prices(20:48) Panaji, Dec 5 (IANS) With the price of onions scaling to Rs 170 per kilogram in the state's retail markets, Chief Minister Pramod Sawant on Thursday released Rs 15 crore in back payments owed by a state-run corporation to onion suppliers in a bid to bring down the escalating prices.
Centre invites bids for services to 11 unserved J&K airports(20:48) New Delhi, Dec 5 (IANS) To boost tourism in Jammu and Kashmir, the Centre has invited bids from companies to provide air services to 11 unserved airports in the region under the fourth round of the regional air connectivity -- Udan -- scheme.
Allcargo acquires controlling stake in Gati(20:38) New Delhi, Dec 5 (IANS) Allcargo Logistics on Thursday announced the acquisition of controlling stake in express logistics player Gati Ltd.
DHFL insolvency process starts, investors' claims sought(20:12) Mumbai, Dec 5 (IANS) In a major development, the RBI-appointed Administrator for the beleaguered Dewan Housing Finance Ltd (DHFL) on Thursday asked all its fixed deposit and non-convertible debenture holders to file their claims before December 17.
Now, edible oils may burn a hole in your pocket(19:52) New Delhi, Dec 5 (IANS) After onions, the prices of edible oils have started surging as the bio-fuel programmes in Malaysia and Indonesia have increased the consumption of palm oil in those countries leading to a spike in its price. India, which is a big importer, will also be hit as it will have to pay more putting extra burden on the consumer.
Loans given to Tom, Dick, Harry, Jija, Bhatija during UPA-II: FM(18:52) New Delhi, Dec 5 (IANS) Commercial banks gave loans to every Tom, Dick, Harry, 'Jija' (brother-in-law) and 'Bhatija' (nephew) during the UPA-II regime, leaving a huge burden on the next government, Union Finance Minister Nirmala Sitharaman said in the Rajya Sabha on Thursday.
Amarinder promises safe environment to industry(17:48) Mohali (Punjab), Dec 5 (IANS) Asserting his government's commitment to providing industry with a safe and stable environment for growth and investment, Punjab Chief Minister Amarinder Singh on Thursday sent out a stern warning to Pakistan, as well as to anti-social elements within the state, against any attempt to destabilise Punjab.
Samsung led 5G devices grabbed 5% of premium market in Q3(17:42) Hong Kong, Dec 5 (IANS) 5G smartphones captured 5 per cent of the global premium market in the third quarter (Q3) of 2019 led by Samsung with 74 per cent share followed by LG with 11 per cent and Vivo with 5 per cent share, a new report by Counterpoint Research has said.
RBI to introduce new prepaid payment instrument(16:50) Mumbai, Dec 5 (IANS) The Reserve Bank of India (RBI) will introduce a new type of prepaid payment instrument (PPI) which could be used only for purchase of goods and services up to a limit of Rs 10,000.
Samsung brings 'The Wall' display to India, starts at Rs 3.5cr(16:18) New Delhi, Dec 5 (IANS) If you love to watch movies or sports on big screens, think of bigger ones now as South Korean technology giant Samsung on Thursday introduced its modular MicroLED display "The Wall" that can stretch your imagination with its 146-inch, 219-inch, 292-inch screen sizes, costing you anywhere between Rs 3.5 crore to Rs 12 crore, excluding taxes.
Leading companies exhibit products at Punjab investors' summit(15:12) Mohali (Punjab), Dec 5 (IANS) Top domestic and global industries are showcasing their products at the exhibition inaugurated by Punjab Industries Minister Sham Sunder Arora on Thursday to kickstart the two-day Progressive Punjab Investors Summit here near Chandigarh.
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