New Delhi: Shri M N Goyal takes over as General Manager I/c of Nangal Unit of National Fertilizers Limited, a government undertaking and Schedule ‘A’ & a Mini Ratna (Category-I) Company. Shri Goyal is a Mechanical Engineer from Guru Nanak Dev Engineering College, Ludhiana and Master in Engineering from the University of Roorkee, Sh Goyal has a rich experience of 32 years of in process plant maintenance and project execution. Goyal's extensive experience in process plant ma

Foreign investors pumped nearly 12,000 crore rupees into the Indian capital markets in just six trading sessions this month. As per depositories data, Foreign Portfolio investors or FPIs injected 11,823 crore rupees into equities and 3,316 crore rupees into the debt markets in March, taking the net investment into the Indian capital markets to 15,139 crore rupees during the month.  This came following an investment of 1,539 crore rupees in equities and 22,419 crore rupees in the debt mar

Investments done from private equity and venture capital funds into domestic companies declined approximately 40 percent to USD 27.9 billion, while the outflow increased marginally to $19.34 billion from $18.45 billion in 2022. Further, the numbers collated by Venture Intelligence tracks private capital and debt flows, and IVCA [ industry body], investments by private equity and venture capital funds as of December 20, 2023, plunged to a low of USD 27.9 billion across 697 transactions, as agains

The FPIs [Foreign Portfolio Investors] has made a huge rebound with almost doubling of Indian equities, in December 2023, surging a record of $7 billion. This has been counted as the highest monthly net investment flow in Indian equities in the last three years. The net FPIs in November 2023, were made about Rs9,000 crore in the cash segment. Both September and October this year saw net FPI outflows from equities at Rs14,768 core and Rs24,548 crore. The total inflow has been envisaged at $21

The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.01 percent lower at 102.17. The rupee, however, found support due to marginal weakness in American currency and positive sentiment in the equity markets. The rupee ended at 83.3950 against the US dollar , lower by 0.08 percent, compared with its previous close at 83.3250. However, a weak greenback against major currencies overseas supported the local currency. At the interbank foreign

The low US Bond yields, expected by the interest rate cuts by the US Federal Reserve, the RBI raising India's growth forecast, and state election results setting the stage for policy continuity in 2024 have spurred buying.  The FPI inflows were worth 427.33 billion rupees [$5.15 billion] in the first half of December. It had turned net buyers in November, after selling in the previous two months. FPI inflows in fiscal 2024 so far stood at 1.74 trillion rupees as of December 15 and we

Wholesale price-based inflation increased by 0.26 per cent in November compared to [-] 0.52 per cent in October. According to official data released by the centre, WPI Inflation, which had been negative for the last seven months, rose sharply in November due to higher food prices. The month-over-month change in the WPI index for November 2023 stood at 0.53 per cent as compared to October 2023. The positive rate of inflation in November 2023 is primarily due to an increase in prices of food ar

New Delhi: Numaligarh Refinery Limited has achieved a significant milestone by being upgraded to 'Schedule A' CPSE by the Government of India. This recognition reflects NRL's strong financial performance, operational efficiency, and contribution to the economic development of the Northeast region. NRL ranks among the top 20 CPSEs in India, excelling in sales revenue and profitability. It is a high-performing model refinery, setting industry-leading benchmarks in distillate yield,

New Delhi: Numaligarh Refinery Limited signed a significant Memorandum of Understanding with the Government of Assam on 14 June 2023. This collaboration marks a major milestone in the development of the state and promises to bring positive changes to Assam's inland water transport sector. 

NEW DELHI- National Fertilizers Limited (NFL) has achieved its best-ever operational performance by setting new records of Production, Sales, Turnover and Profit during the financial year 2022-23. The results of the Company for the Financial Year ended 31st March 2023 were approved by Board in its meeting on 29th May 2023. The company registered its highest-ever Profit Before Tax (PBT) of Rs 609.77 crore during 2022-23 as compared to CPLY of Rs 144.82 Crore. PAT during this period also peaked