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Ujjwala Yojana: Jharkhand to provide free second gas cylinder refill

Ujjwala Yojana: Jharkhand to provide free second gas cylinder refill

Chief Minister Raghubar Das on Thursday announced a second gas cylinder refill under Pradhan Mantri Ujjwala Yojana (PMUY) for around 29 lakh women in the state.

"Our government will provide the second refill for gas cyclinders free of cost under Pradhan Mantri Ujjwala Yojana.

Private sector going through challenging times, says L&T chairman A M Naik

Private sector going through challenging times, says L&T chairman A M Naik

India’s gross domestic product (GDP) growth will be 6.5 per cent this year, and accelerated spending is unlikely to happen in the next 18 months, according to A M Naik, chairman of Larsen & Toubro (L&T), the country’s largest engineering conglomerate.

“Growth is going to be not more than 6.5 per cent this year.

GST collection over Rs 1 trillion in July despite subdued CGST and SGST

GST collection over Rs 1 trillion in July despite subdued CGST and SGST

Collection from the goods and services tax (GST) was above Rs 1 trillion in July, mainly on account of higher mop-up under the integrated GST.

However, the central and state portions remained subdued, posing a challenge for the revenue target for the financial year.

Trump rakes up Kashmir again, says ready to assist if India, Pak want

Trump rakes up Kashmir again, says ready to assist if India, Pak want

US President Donald Trump on Thursday said it was up to India and Pakistan to resolve the Kashmir dispute but he was ready to assist if the two South Asian neighbours wanted him to help in resolving the decades-old issue.

Trump was referring to his last week's meeting with Pakistan Prime Minister Imran Khan, wherein he offered to help resolve the Kashmir issue.

Coal India to spend Rs 700 cr to procure 40 rakes

Coal India to spend Rs 700 cr to procure 40 rakes

Kolkata: The Coal India has decided to procure rail wagons under general purpose wagon investment scheme at an estimated cost of Rs 700 crore.

"The Maharatna PSU's board has given the green signal to procure 40 rakes at nearly Rs 700 crore. One rake comprises 59 wagons. According to a rough estimate, one rake can move 1.4 million tonne of coal per annum," the company said on Thursday.

TVS Motor July sales down 13 pc at 2,79,465 units

TVS Motor July sales down 13 pc at 2,79,465 units

New Delhi: TVS Motor Co Thursday reported 12.98 per cent decline in total sales at 2,79,465 units in July.

The company, which makes two-wheelers and three-wheelers, had sold 3,21,179 units in the same month last year, TVS Motor Co said in a statement. Total two-wheeler sales during the month stood at 2,65,679 units as against 3,07,856 units in July 2018, down 13.7 per cent.

M&M’s total domestic vehicle sales down 16% in July

M&M’s total domestic vehicle sales down 16% in July

Mumbai: Mahindra & Mahindra (M&M) reported a decline of 16% year-on-year (YoY) in its total domestic wholesales to 37,434 units in July, as the economic downturn continues to hurt the auto industry.

The company’s passenger vehicle wholesales fell 15% YoY to 16,831 units during the month, while commercial vehicle sales declined 17% to 15,969 units.

Microsoft ties up with Apollo Hospitals to combat Cardiovascular diseases

Microsoft ties up with Apollo Hospitals to combat Cardiovascular diseases

Microsoft India and Apollo Hospitals have set up a National Clinical Coordination Committee (NCCC) for the AI-powered Cardiovascular Disease Risk Score API (application program interface), as part of Microsoft’s AI Network for Healthcare initiative.

The committee consists of leading doctors from Apollo Hospitals; All India Institute of Medical Sciences, New Delhi; and King George’s Medical University, Lucknow.

Wipro’s Rs 10,500 crore buyback begins on Aug 14; share price jumps 4%

Wipro’s Rs 10,500 crore buyback begins on Aug 14; share price jumps 4%

Wipro will begin its Rs 10,500 crore buyback process on August 14 and close on August 28. The last date for the settlement of bids on the exchange is September 9, the company said Tuesday. The IT company’s board on April 16 had approved a buyback of up to 323 million equity shares, 5.35 per cent of the paid-up equity capital of Rs 325 each for an aggregate amount not exceeding Rs 10,500 crores.

Sensex, Nifty see worst July in 17 years; August may get worse for share market

Sensex, Nifty see worst July in 17 years; August may get worse for share market

Indian stocks just suffered their worst July in 17 years, and if history is to be believed, there is little hope that August will be much better.

The S&P BSE Sensex dropped 4.9% in the month that ended Wednesday, hurt by disappointment with the country’s new budget, muted corporate earnings and the ongoing credit crunch. The benchmark index has performed better in August than July in only five years since 2002, data compiled by Bloomberg show.

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