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Last Updated:06:51 AM IST | Friday, Jan 27, 2023
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Experts point out that heavy rain damaged the kharif oilseeds, especially soybean. Slow sowing in the current rabi season has triggered an upward trend in oil and oilseeds prices. Mustard, a crucial rabi oilseed, is sown during September-October and harvested from February, is also affected. Analysts feel oil and oilseeds prices may go up in the coming days. Mind you that prices of mustard seed have already soared to Rs 300 per quintal and soybean rates jumped by around Rs 400 per quintal.
After onion, it’s turn of edible oil to give price shock
09 Dec 2019 2:25 AM

That's not all. Low productivity and heavy rainfall damage to crops in India is adding to the consumers' woes.

The Indian Real Estate sector, one of the most globally recognised sectors in the world, is well complemented by the demand for office spaces as well as urban and semi-urban accommodations.
4 key challenges in Indian real estate segment
07 Dec 2019 12:07 PM

The sector is currently in the midst of challenging times owing to a variety of economic factors.

The RBI has asked the member banks to keep adequate liquidity in their current account with the regulator at all times to facilitate successful posting of NEFT batch settlements. (Representational image)
NEFT transactions to be available 24x7 from Dec 16
07 Dec 2019 11:27 AM

RTGS is meant for large-value instantaneous fund transfers, while NEFT is used for fund transfers of up to Rs 2 lakh.

An entity holding over 10 per cent in an insurance company is categorised as a promoter while one holding below that limit is termed as an investor.  (Photo: ANI)
PSBs may get nod to hold over 10 per cent in two insurers
07 Dec 2019 2:28 AM

Breather for public sector banks post-amalgamation.

This decision will help in ensuring compliance of FDI policy in the e-commerce sector.
Govt asks e-commerce firms to file FDI compliance report annually
06 Dec 2019 4:02 PM

Trader bodies have been raising concern over violation of foreign direct investment (FDI) norms.

Onion prices have been ruling high for past few weeks due to fall in production of the Kharif crop following unseasonal rainfall in key growing states, including Maharashtra.
Retail onion prices touch Rs 140 per kg mark in some cities
06 Dec 2019 12:56 PM

The average modal price of onion in the retail markets was ruling at Rs 110 per kg.

The top losers included IndusInd Bank (-2.30 per cent), PNB (-2.27 per cent), RBL Bank (-2.21 per cent), SBI (-1.71 per cent), Yes Bank (-1.67 per cent), Axis Bank (-1.60 per cent), Bank of Baroda (-1.54 per cent), Federal Bank (-1.08 per cent), HDFC Bank (-0.54 per cent) and ICICI Bank (-0.34 per cent).
Banking stocks fall after RBI pause
06 Dec 2019 1:53 AM

The bond market reacted as the 10-year government bond yield spiked to 6.82 per cent levels, meaning mark-to-market losses for the banks.

PPIs can be issued in the form of cards and mobile wallets.
New pre-paid card/wallet with Rs 10,000 load soon
06 Dec 2019 1:53 AM

Such PPIs can be issued on the basis of essential minimum details sourced from the customer.

The world over, central banks and the governments are against private digital currency because currency issuance is a sovereign function and it has to be done by the sovereign, said RBI governor Shaktikanta Das. (Photo: File)
No way privately-issued digital currencies can be allowed: RBI Gov Das
05 Dec 2019 5:46 PM

The comments come a year after government tagged Bitcoins and other cryptocurrencies illegal and the RBI banned their trade.

Uddhav Thackeray
Infra stocks under pressure as Maha reviews key projects
05 Dec 2019 6:38 AM

Engineering & Construct-ion major Larsen & Toubro’s shares fell to a three-month low as it shed 2.16 per cent on the BSE.

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