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Sensex up 557.45 pts

Mumbai, Mar 21 (UNI) Extending gains for the fifth consecutive session on Friday, the BSE Sensex rallied 557.45 pts to close at 76,905.51 following gains in oil and gas, utilities and energy stocks. Fresh foreign fund inflow too supported the market. The National Stock Exchange (NSE) rose 159.75 pts at 23,350.40. Though volatility was seen…

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RBI imposes penalty on IDBI Bank and Citibank

Mumbai/New Delhi, Mar 21 (UNI) The Reserve Bank of India has imposed monetary penalties onIDBI Bank Limited and Citibank under the Foreign Exchange Management Act (FEMA). it said in a statement on Friday. The RBI has levied a penalty of Rs 36.30 lakh on IDBI Bank Limited for not undertaking due diligence while processing the…

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PM Modi hails India’s achievement of over one million tonnes Coal production

New Delhi, Mar 21 (UNI) Prime Minister Narendra Modi hailed India’s historic achievement of 1 billion tonnes of coal production, highlighting significant commitment to energy security, economic growth and self-reliance. PM Modi also lauded this achievement, calling it a “proud moment for India” and recognising the relentless dedication and hard work of those associated with…

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