Domestic investors’ — individual and institution — ownership in listed companies on the National Stock Exchange (NSE) declined for the first time in seven quarters amid a rise in investments by overseas funds. During the June quarter of the 2023-24 financial year (Q1FY24), it stood at 25.50 per cent, down 25.73 per cent from… Continue reading Domestic ownership falls 1st time in 7 quarters, rise in foreign investment
Tag: domestic
Domestic auto component industry reports highest turnover in FY23
The domestic auto component industry expects to log in double-digit sales growth in the current fiscal after having reported its highest-ever turnover in 2022-23, as demand is expected to remain robust. As per the Automotive Component Manufacturers Association (ACMA), the sector reported a turnover of Rs 5.6 lakh crore last fiscal, registering a… Continue reading Domestic auto component industry reports highest turnover in FY23
Govt restricts imports of laptops, tablets to boost domestic manufacturing
Exemption will also be allowed for purchase of such items from e-commerce portals, through post or courier. “Imports shall be subject to payment of duty as applicable,” DGFT said The Directorate General of Foreign Trade (DGFT) on Thursday put under restricted category the import of laptops, tablets, personal computers, ultra small form factor computers… Continue reading Govt restricts imports of laptops, tablets to boost domestic manufacturing
Indian Rupee not legal tender for domestic payments: S Lanka Central Bank
Sri Lanka’s Central Bank said on Wednesday that no domestic transactions would be allowed with the Indian Rupee in the island country, as it warned people not to be misled by inaccurate information surrounding the issue. The apex bank said that even though the Indian Rupee (INR) has been endorsed as a designated… Continue reading Indian Rupee not legal tender for domestic payments: S Lanka Central Bank
Wheels India pegs domestic wheel business to pick-up post monsoon
Wheels India, manufacturer of wheels for trucks, tractors, passenger vehicles and construction equipment, expects the domestic wheel business to pick up during the second half of the year, according to a top official. The city-based company had registered a 24.2 per cent rise in its net profit for the April-June 2023 quarter at… Continue reading Wheels India pegs domestic wheel business to pick-up post monsoon
Commercial LPG cylinder price cut by Rs 100, domestic stays same
A 19 kg cylinder will not cost Rs 1,680 in Delhi and Rs 1640.50 per cylinder in Mumbai. In Kolkata, the new commercial LPG cylinder rate is Rs 1,805.50. All prices will be effective from August 1. Prices of domestic cooking gas were last revised on… Continue reading Commercial LPG cylinder price cut by Rs 100, domestic stays same
Jaipur airport to commence operations at new domestic cargo unit from Aug 1
Jaipur International Airport is about mark a new beginning. A domestic cargo unit with a capacity of 2300 MT per month will go live from August 1. Indigo Airlines has already been onboarded after which the airlines will now operate its entire domestic cargo business from the new cargo unit at Terminal 1.… Continue reading Jaipur airport to commence operations at new domestic cargo unit from Aug 1
Domestic drug makers Sun Pharma, Alembic recall drugs in US market
Domestic drug makers Sun Pharma and Alembic are recalling products in the US market due to manufacturing issues, according to the US Food and Drug Administration (USFDA). As per the US health regulator’s latest Enforcement Report, the Mumbai-based drug major is recalling 12,336 bottles of Buprenorphine Sublingual tablets, used for treating opioid use… Continue reading Domestic drug makers Sun Pharma, Alembic recall drugs in US market
Semiconductor mission not just about meeting domestic requirements: EAM
India’s semiconductor mission is not just about meeting domestic requirements but also aimed at contributing to global demand for trusted manufacturing, External Affairs Minister S Jaishankar said on Sunday. In an address at a conference, he told top executives of leading global semiconductor firms that their decisions and relationships have implications far beyond… Continue reading Semiconductor mission not just about meeting domestic requirements: EAM
Police verification must to get licence for domestic help agencies in Delhi
Private agencies providing domestic helps to households in the national capital will have to mandatorily undergo police verification to get licence from the Labour department, officials said on Saturday. These agencies have to register themselves on the e-district portal under the Delhi Private Placement Agency (Regulation) Order 2014, according to a notice issued… Continue reading Police verification must to get licence for domestic help agencies in Delhi