Thursday, Apr 25 2024 | Time 16:50 Hrs(IST)
image
Business Economy


BANKING-RBI-REVERSE REPO

RBI to conduct 4 day Variable Rate Reverse Repo Auctions for
Rs 50,000 crore today
Mumbai, Feb 23(UNI)The Reserve Bank of India (RBI) will conduct
4 day Variable rate Reverse Repo auctions under LAF for a notified
amount of Rs 50,000 crore today.
The auction will be carried out between 1400 hrs to 1430 hrs as per
the revised guidelines on Term Repo Auctions issued on February 13,
2014.
Reversal of the auction will be take place on February 27, 2017
(Monday)
Successful offers will get accepted at their respective offered
rates .Offers at or above the repo rate will be rejected.
UNI JS SM1356
More News

Shree Cement joins RE100

25 Apr 2024 | 4:32 PM

Mumbai, Apr 25 (UNI) Shree Cement, one of India's largest cement producers with an installed capacity of over 56 MTPA, has announced its membership in the esteemed RE100 initiative, a global initiative led by Climate Group, advocating for businesses to convert to 100 per cent renewable electricity for all their operations.

see more..

Vedanta net down 27 pc in Q4

25 Apr 2024 | 4:26 PM

Mumbai, Apr 25 (UNI) Indian mining company Vedanta, with its operations in iron ore, aluminium, zinc, oil and gas, on Thursday reported 27 per cent dip in net profit at Rs 2,273 crore for the fourth quarter (January-March) of FY 24 from Rs 3,132 crore in same period a year ago.

see more..

India’s John Distilleries ‘Nirvana’ wins at London Spirits Competition

25 Apr 2024 | 3:25 PM

New Delhi, April 25 (UNI) John Distilleries Ltd’s Paul John single malt whiskey ‘Nirvana’ has been awarded a “Gold” medal in the prestigious London Spirits Competition 2024. JDL’s two other offerings, Roulette London Dry Gin and Paul John XO Brandy, have also won ‘Silver’ medals. JDL is the only Indian company to have been awarded in three different categories: whiskey, gin, and brandy.

see more..
Dr Reddy’s Lab and Nestlé India enter into definitive agreement to form JV company

Dr Reddy’s Lab and Nestlé India enter into definitive agreement to form JV company

25 Apr 2024 | 2:40 PM

Hyderabad, April 25 (UNI) Dr. Reddy’s Laboratories and Nestlé India have entered into a definitive agreement to form a joint venture company to bring innovative nutraceutical brands to consumers in India and other agreed territories.

see more..
SBI General Insurance records 17 pc growth in topline and a profit growth of 30 pc in FY 23-24

SBI General Insurance records 17 pc growth in topline and a profit growth of 30 pc in FY 23-24

25 Apr 2024 | 2:18 PM

Kolkata, Apr 25 (UNI) SBI General Insurance announced its financial results for FY 23-24, recording 17 per cent growth in topline faster than market growth and a profit growth of 30 per cent in FY 23-24.

see more..
image