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The ministry of cooperation has formulated a plan to establish viable PACS in each uncovered panchayat, viable dairy cooperatives in each uncovered panchayat/village and viable fishery cooperatives in each coastal panchayat/village as well as panchayat/ village having large water bodies, an official statement said.

SBI hikes MCLR-based lending rates by 10 bps

Updated at : 2023-02-16 07:20:04

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For the fortnight ending January 13, credit growth rose 16.5% annualised as against 10.6% growth in deposits. According to the SBI website, the bank has increased the overnight lending rate, based on the marginal cost of funds-based lending rate, by 10 bps to 7.95%, while the same for one-and three-month maturity has been increased to 8.10%.

London FTSE 100 index breaks through 8,000 points

Updated at : 2023-02-15 23:20:03

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The benchmark index rallied to an all-time pinnacle at 8,003.65 points, helped by the weak pound which boosts the share prices of multinationals whose earnings are in dollars.

Strong non-IT sector hiring, healthy demand in home sales, demand revival in the Study abroad business, and the management’s continued efforts in cost optimisation should boost future performance.

Ahluwalia Contracts (India), incorporated in the year 1979, is a Small Cap company (having a market cap of Rs 3166.17 Crore) operating in Construction sector.

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Though Airbnb flagged pressures on average daily rates through the year due to higher bookings from less pricier urban areas and regions like Latin America, Atlantic Equities said overall travel demand should translate into strong financial performance

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Updated at : 2023-02-15 22:25:04

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According to market players, startups need to have a long-term and goal-based approach to be IPO ready

The Dow Jones Industrial Average fell 80.64 points, or 0.24%, at the open to 34,008.63

The total import of vegetable oils during the first three months of the oil year 2022-23 (November-October) rose 30 per cent to 47,73,419 tonnes compared to 36,71,161 tonnes in the same period last year

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Federal Reserve officials on Tuesday said that the U.S. central bank will need to maintain gradual increases to interest rates to beat inflation and suggested that price pressures driven by a hot jobs market could push borrowing costs higher than previously expected

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