Petrol price, PSBs, Ganga water vessel to UIDAI CEO, check top business news today
A number of happenings marked the business space on Sunday, despite it being a holiday, and we bring some of the important ones, from Petrol price, PSBs, Ganga water vessel to UIDAI CEO, to you.
PETROL-PRICE
Petrol price cut by 21 paise; total reduction reaches Rs 4.05 in 18 days New Delhi: Petrol price has been cut by over Rs 4 per litre and diesel by Rs 2.33 in the last 18 days on softer international rates, a pace faster than the spike in prices witnessed in the two-month period beginning mid-August. Image Source: Reuters
FINMIN-BANKS
FinMin likely to finalise capital infusion in PSBs this month New Delhi: The Finance Ministry is likely to finalise the second round of capital infusion for public sector banks (PSBs) towards the end of this month taking into account the latest quarter's performance, sources said. Image Source: Reuters
GANGA WATER VESSEL
PM to greet India's first container vessel on inland waterways in Varanasi New Delhi: In a first for the country's inland water transport, Prime Minister Narendra Modi on November 12 will receive a container vessel in Varanasi on the river Ganga, Union Minister NItin Gadkari said Sunday. Image Source: Reuters
UIDAI-CEO
India's digital journey to accelerate with stronger safeguards: UIDAI CEO New Delhi: The recent Supreme Court verdict on Aadhaar has ensured stronger safeguards which will accelerate India's digital journey, UIDAI CEO Ajay Bhushan Pandey has said. Image Source: DNA
RBI CREDIT REGISTRY
RBI kick-starts process to set up PCR for capturing details of borrowers New Delhi: The Reserve Bank has initiated steps to set up a wide-based digital Public Credit Registry (PCR) to capture details of all borrowers, including wilful defaulters and also the pending legal suits in order to check financial delinquencies. Image source: Reuters
FPI OUTFLOW
FPI outflow hits 2-yr high in Oct; total withdrawal at Rs 1 lakh cr-mark in 2018 New Delhi: Overseas investors pulled out a massive Rs 38,900 crore (over USD 5 billion) from the capital markets in October, the steepest outflow in nearly two years, on rising crude oil prices, depreciating rupee and worsening current account deficit. Image Source: Reuters