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India to become top electric vehicle maker in the world: Nitin Gadkari

Union minister Nitin Gadkari on Sunday expressed confidence that lithium-ion batteries would be manufactured fully in the country in the next six months and India will become number one electric vehicle maker in the world in due course of time. Addressing the Amazons Smbhav Summit virtually, Gadkari further said that the government wants to encourage automakers to introduce flex-fuel engines in India and he is in the final discussion with manufacturers. "India is moving ahead towards making ...
Nitin Gadkari Asmbhav Summit Road Transport Narendra Modi Ministry Nitin Gadkari Physical Sciences

Pamplin Media Group - Cities, counties must reassess rules against camping, loitering

Cities, counties must reassess rules against camping, loitering April 15 2021 Oregon House bill is intended to comply with 2018 federal appeals court decision against blanket bans. Cities and counties would have to specify why they are restricting camping or loitering, based on "objectively reasonable" factors of time, place or manner, under a bill that has cleared the Oregon House. A 36-22 vote on Thursday, April 15, sent House Bill 3115 to the state Senate. The bill sets in place...
United States Marion County Paul Evans Raquel Moore Tina Kotek Don Mazziotti

Australia Market ends near 14-month highs

The Australian market finished session marginally higher on Friday, 16 April 2021, as expectations of a global economic rebound on strong U. S. and Chinese economic data was offset by profit taking after market reached a 14-mongh high the previous day. At closing bell, the benchmark S&P/ASX200 was up 4.83 points, or 0.07%, to 7,063.45. The broader All Ordinaries added 8.31 points, or 0.11%, to 7,325.77. Global stocks neared record highs after U. S. retail sales, jobs and Chinese economic growth...
Beach Energy Rio Tinto Woodside Petroleum Oil Search Origin Energy All Ordinaries

Easing lockdown could lead to 3rd Covid-19 wave in UK: Scientists warn govt

British scientists have warned that the British government is risking a third wave of Covid-19 by easing the lockdown too soon, local media reported. "There are areas in West Yorkshire, the Black Country and other regions that still have high infection rates. However, many people there cannot afford to self-isolate. We need to tackle that issue urgently or the virus will come back again," Leeds University medical school Associate Professor Stephen Griffin told the Observer on Sunday. "Its wo...
United States Black Country United Kingdom West Yorkshire United Kingdom General Stephen Griffin

Contributed over Rs 34K cr to Indian exchequer in FY20: Vedanta Resources

Diversified natural resources firm Vedanta Resources has said it contributed USD 4.66 billion (Rs 34,018 crore) to the public exchequer in India during the 2019-20 fiscal. Its overall contributions to public exchequers of various countries stood at USD 4.7 billion (Rs 34,310 crore) during the fiscal year, Vedanta Resources said in its latest report. "Consistent with our commitment to building on transparency, we present our fifth tax transparency report. During FY2019-20, our contribution to...
South Africa South Korea Anil Agarwal Vedanta Resources Ltd Tax Council Vedanta Resources

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SBI, SBI Cards, BPCL, Vedanta in spotlight

State Bank of India (SBI) said that the Reserve Bank of India (RBl) has, vide its letter dated 16th March,2021, imposed a monetary penalty of Rs 2 crore on the bank for contravention of provisions of Section 10 (1 ) (b) (ii) of the Banking Regulation Act, 1949 and specific directions of RBI issued to the bank on payment of remuneration to employees in the form of commission. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with ...
New Delhi Authority Of India Cards Payment Services State Bank Reserve Bank Banking Regulation Act

Australia Market end flat

The Australian market closed virtually flat after surrendering early gains on Thursday, 11 March 2021, as gains in tourism stocks on news of support package countered losses in big banks and buy-now-pay-later giant Afterpay. At closing bell, the benchmark S&P/ASX200 edged down 0.18 point, or 0.00%, to 6,713.92. The broader All Ordinaries edged up 5.77 points, or 0.08%, to 6,952.92. Consumer discretionary stocks were the bright spot throughout the day as travel-exposed companies were buoyant on ...
New South Wales Port Hedland Western Australia Qantas Airways Rio Tinto Sydney Airport Holdings

MMTC Ltd leads losers in 'A' group

Adani Transmission Ltd, Godawari Power & Ispat Ltd, Morepen Laboratories Ltd and Indo Count Industries Ltd are among the other losers in the BSEs A group today, 09 March 2021. Adani Transmission Ltd, Godawari Power & Ispat Ltd, Morepen Laboratories Ltd and Indo Count Industries Ltd are among the other losers in the BSEs A group today, 09 March 2021. MMTC Ltd lost 8.08% to Rs 41.55 at 14:48 IST.The stock was the biggest loser in the BSEs A group.On the BSE, 5.39 lakh shares were traded on the co...
Indo Count Industries Ltd Godawari Power Ispat Ltd Adani Transmission Ltd Morepen Laboratories Ltd Godawari Power Ispat Ltd

Wall Street surges on US jobs data, global equity markets regain ground

By Suzanne Barlyn NEW YORK (Reuters) - Wall Street and a gauge of global equity markets rose on Friday as investors cheered signs of economic strength in a report that showed faster-than-expected U.S. jobs growth, data that initially stoked inflation concerns. The session was marked by frantic trading across the globe. Asian markets dropped overnight. MSCIs all-country index was on its longest losing streak in six months before clawing back. All Wall Streets main indexes closed higher, boun...
New York United States Jerome Powell Suzanne Barlyn David Gregorio Neel Kashkari

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