RBI leaves repo rate, CRR unchanged
The Reserve Bank of India leaves key rates unchanged in its monetary policy today (December 02, 2014) RBI monetary Policy – Status quo on rates, dovish tone on inflation
Repo rate unchanged at 8%. CRR rate remains unchanged at 4%. Inflation projection revised downwards to 6% from 8% earlier.RBI sees inflation risks even balanced compared to upward risks in earlier policy statements. Change in monetary policy stance likely in the next year.
IRB Infra gains on certification for Amritsar project
IRB Infrastructure Developers rose over 2%, touching to Rs275.9, after the company said it has received provisional certificate by the Competent Authority effective November 27, 2014.
The Pathankot Amritsar BOT (Build-Operate-Transfer) Project is implemented by its wholly-owned special purpose vehicle of the Company viz. IRB Pathankot Amritsar Toll Road Pvt. Ltd (SPV).
The project involves four-Lanning of Pathankot to Amritsar Section of NH-15 from Km.6.082 to Km. 108.502 in the State of Punjab under NHDP Phase III on BOT (Toll) Basis.
Govt hikes excise duty on petrol, diesel
India raised factory gate duties on petrol by Rs2.25 ($0.04) per litre and on diesel by Rs1 rupee per litre with immediate effect, the finance ministry said in a statement to parliament.
The increases, which follow similar hikes in mid-November, seek to take advantage of a slump in world oil prices to shore up government revenues without stoking inflation.
MOIL gets approval of mining lease for manganese ore in MP
MOIL announced that Government of India, Ministry of Mines has granted approval of Mining lease for manganese ore over an area of 48.974 Ha land in Village Lugma, Tehsil Baihar, Dist. Balaghat (MP) in favour of MOIL. MOIL has received a communication in this regard from Mineral Resource Department of Govt. of Madhya Pradesh. The said area falls under Ukwa Mine of MOIL. Now, the Company will take necessary steps, as may be required, for execution of the mining lease with the Govt. of Madhya Pradesh.
NBCC secures PMC work costing Rs1850 cr
National Buildings Construction Corporation (NBCC) has announced that NBCC has secured PMC work for construction / improvement / maintenance of roads at
Miao-Vijaynagar (Arunachal Pradesh) costing Rs1850 crore.
Get free trading in equity tips, free equity tips, stock tips, stock cash tips, stock futures tips, commodity tips, nifty tips, nifty futures, mcx tips, ncdex tips, and share market tips etc.
The Reserve Bank of India leaves key rates unchanged in its monetary policy today (December 02, 2014) RBI monetary Policy – Status quo on rates, dovish tone on inflation
Repo rate unchanged at 8%. CRR rate remains unchanged at 4%. Inflation projection revised downwards to 6% from 8% earlier.RBI sees inflation risks even balanced compared to upward risks in earlier policy statements. Change in monetary policy stance likely in the next year.
IRB Infra gains on certification for Amritsar project
IRB Infrastructure Developers rose over 2%, touching to Rs275.9, after the company said it has received provisional certificate by the Competent Authority effective November 27, 2014.
The Pathankot Amritsar BOT (Build-Operate-Transfer) Project is implemented by its wholly-owned special purpose vehicle of the Company viz. IRB Pathankot Amritsar Toll Road Pvt. Ltd (SPV).
The project involves four-Lanning of Pathankot to Amritsar Section of NH-15 from Km.6.082 to Km. 108.502 in the State of Punjab under NHDP Phase III on BOT (Toll) Basis.
Govt hikes excise duty on petrol, diesel
India raised factory gate duties on petrol by Rs2.25 ($0.04) per litre and on diesel by Rs1 rupee per litre with immediate effect, the finance ministry said in a statement to parliament.
The increases, which follow similar hikes in mid-November, seek to take advantage of a slump in world oil prices to shore up government revenues without stoking inflation.
MOIL gets approval of mining lease for manganese ore in MP
MOIL announced that Government of India, Ministry of Mines has granted approval of Mining lease for manganese ore over an area of 48.974 Ha land in Village Lugma, Tehsil Baihar, Dist. Balaghat (MP) in favour of MOIL. MOIL has received a communication in this regard from Mineral Resource Department of Govt. of Madhya Pradesh. The said area falls under Ukwa Mine of MOIL. Now, the Company will take necessary steps, as may be required, for execution of the mining lease with the Govt. of Madhya Pradesh.
NBCC secures PMC work costing Rs1850 cr
National Buildings Construction Corporation (NBCC) has announced that NBCC has secured PMC work for construction / improvement / maintenance of roads at
Miao-Vijaynagar (Arunachal Pradesh) costing Rs1850 crore.
Get free trading in equity tips, free equity tips, stock tips, stock cash tips, stock futures tips, commodity tips, nifty tips, nifty futures, mcx tips, ncdex tips, and share market tips etc.
No comments:
Post a Comment