Responding to the demands and follow-ups by local legislator Pratap Sarnaik, the state government authorities allocated funds amounting to Rs50 crore for the renovation and beautification of four lakes in the twin-city. While the funds have been allocated under the special provision scheme for the development of basic amenities in the region mooted by Sarnaik, the MBMC is the executing and maintaining authority.
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Rupee falls 7 paise to close at all-time low of 84.46 per USD
The rupee depreciated by 7 paise to close at an all-time low of 84.46 against the US dollar on Thursday, weighed down by unabated foreign fund outflows and strong dollar demand from investors.
Gilts sharply down as US yields rise
Prices of government bonds ended sharply lower due to an overnight rise in US Treasury yields and disappointing cut-off prices at the weekly gilt auction in an already cautious market.
âIndia needs airlines that match its size, scale & potentialâ
India needs airlines that match the size, scale and potential of the country to compete in the global aviation space, IndiGo Chief Pieter Elbers said on Thursday.
Govt plans to auction offshore mineral blocks in 2-3 months: G Kishan Reddy
The government is planning to begin the auction of offshore mineral blocks in the next two to three months and around 10 such mines are likely to be auctioned in the first phase, coal and mines minister G Kishan Reddy said on Thursday.
WPI inflation rises to 4-mth high of 2.36% in Oct
As per the data, inflation in food items shot up to 13.54% in October, as against 11.53% in September
Economies like India set to drive next wave of Asia's growth
Economies like India are set to drive the next wave of Asia's growth as China's contribution to the region's growth is set to decline, highlighted a report by Morgan Stanley.
Tech & Durables see 13% value growth in festive season: NielsenIQ
The tech and durables sector in India witnessed a 13% value growth during the four-week festive season, driven by heightened consumer demand across multiple categories, a report showed on Thursday.
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India's merchandise exports in October rose by an impressive 17.25 per cent year-on-year, highest in over two years, to USD 39.2 billion, while trade deficit widened to USD 27.14 billion on a sequential basis.
Sensex drops 110 pts, Nifty slides for 6th day on FII selling
Benchmark Sensex declined by 110 points in a see-saw trade on Thursday, marking its third straight session of losses amid continued FII selling, disappointing quarterly results and soaring inflation.
Indian economy sailing smoothly amid global headwinds: RBI Guv
Reserve Bank Governor Shaktikanta Das on Thursday said the Indian economy has been sailing \"smoothly\" amid the global headwinds.
