Wholesale price inflation surged to new high of 15.9% in May
Inflation in India’s wholesale prices hit a fresh record high of 15.88% in May, escalating from 15.08% in April, as per official data released on Tues...
Rupee 2 paise higher against US dollar in early trade
Mumbai: The rupee rebounded from its all-time low level and inched higher by 2 paise to 78.02 against the US dollar in opening trade on Tuesday.At the...
Sensex tumbles 375 points in early trade
Mumbai: Equity benchmarks fell for the third day running on Tuesday, with the Sensex tumbling 375 points in early trade, tracking weak global markets ...
Piyush Goyal calls for permanent solutions for food security at WTO ministerial meeting in Geneva
Commerce and industry Minister Piyush Goyal has pressed India’s case for countries to be allowed to restrict foodgrain exports to the World Food Progr...
Retail inflation based on Consumer Price Index eases to 7.04 in May
Retail inflation based on Consumer Price Index eased to 7.04 per cent in May from 7.79 per cent in April this year. As per the Ministry of Statistics ...
Sri Lanka to introduce guaranteed weekly fuel quota for consumers
Colombo: The Sri Lankan government plans to introduce a fuel rationing scheme from next month, under which registered consumers at filling stations wo...
FM Nirmala Sitharaman to dedicate National Museum of Customs & GST to nation
The Azadi Ka Amrit Mahotsav Iconic Week of Ministry of Finance will come to an end today. Finance Minister Nirmala Sitharaman will be gracing the Clos...
Coal Ministry finalizes Action Plan Document for 2022-23
Coal Ministry has finalized Action Plan Document for the year 2022-23. The Action Plan broadly focuses on 15 crucial areas including Grey Hydrogen, En...
European Central Bank to increase interest rates for first time in more than 11 years in July
The European Central Bank (ECB) has said that it intends to raise interest rates for the first time in more than 11 years next month. ECB President Ch...
Rupee down 8 paise against US dollar in early trade
Mumbai: The rupee depreciated 8 paise to a record low of 77.82 against the US dollar in opening trade on Friday, tracking the strength of the greenbac...
Sensex tumbles nearly 600 points in early trade
Mumbai: Equity benchmark Sensex declined nearly 600 points in early trade on Friday, following weakness in IT, banking and finance stocks amid sluggis...
Rupee slips 10 paise against US dollar in early trade today
Mumbai: The rupee slipped 10 paise to 77.78 against the US dollar in early trade on Thursday, as elevated crude oil prices and persistent foreign capi...
Sensex falls over 270 points in early trade
Mumbai: Equity benchmark Sensex fell over 277 points in opening trade on Thursday, tracking losses in index majors Asian Paints, TCS and HCL Tech amid...
American Airlines, IndiGo launch codeshare agreement
New Delhi: American Airlines and IndiGo have launched a codeshare agreement that allows the former to sell seats on the latter's flights operating on ...
Cabinet approves increase in MSP for various Kharif crops
The Cabinet Committee on Economic Affairs, CCEA yesterday approved increase in Minimum Support Price for all intended Kharif crops for Marketing Seaso...
India saves over Rs 41,000 cr in foreign exchange by using 10% ethanol-blended petrol: Ashwini Kumar Choubey
Minister of State for Environment, Forests and Climate Change Ashwini Kumar Choubey has said that use of 10 percent ethanol-blended petrol has led to ...
Markets recover after initial decline post RBI policy
Mumbai: Benchmark indices pared early losses, with the Sensex jumping 317 points in morning trade on Wednesday, after the RBI retained its growth proj...
Sensex tumbles 205 points as RBI increases policy repo rate
Mumbai: Indian stock market’s benchmark Sensex opened 205 points down on Wednesday as the Reserve Bank of India (RBI) increased the policy repo rate b...
Rupee gains 9 paise against US dollar
Mumbai: The rupee strengthened by 9 paise to 77.69 against the US dollar in opening trade on Wednesday, ahead of the Reserve Bank of India’s monetary ...
IBM ends all Russian operations, lays off staff
Moscow: Following a freeze on activities in Russia earlier this year, IBM CEO Arvind Krishna has informed employees that the company is ending all ope...
EU agrees on common charger for mobile devices by 2024
Brussels: Chargers will be harmonized for small and medium-sized portable electronic devices by 2024 in the European Union (EU), negotiators of the Eu...
RBI retains growth projection at 7.2 pc for FY23
Mumbai: The Reserve Bank of India on Wednesday retained its growth projection at 7.2 per cent for the current fiscal on the back of improvement in urb...
RBI allows credit cards to be linked with UPI platform
Mumbai: The Reserve Bank on Wednesday allowed credit cards to be linked with the unified payments interface (UPI), which will enable more people to ma...
RBI hikes interest rate by 50 bps to tame inflation
Mumbai: Reserve Bank of India (RBI) on Wednesday raised the interest rate by 50 basis points to a two-year high of 4.9 per cent as it doubled down to ...
FM Nirmala Sitharaman to launch Iconic Day celebrations of Department of Economic Affairs today
Finance and Corporate Affairs Minister Nirmala Sitharaman will launch the Iconic Day celebrations of the Department of Economic Affairs at Vigyan Bhaw...
World Bank slashes global economic growth forecast for 2022
World Bank yesterday slashed the global economic growth forecast for 2022 due to the Russia-Ukraine conflict, supply chain disruption and other factor...
Sebi restructures mutual fund advisory committee
New Delhi: Markets regulator Sebi has restructured its advisory committee on mutual funds. The 25-member advisory committee will be chaired by f...
Sensex opens 497 points down
Mumbai: The Indian stock market’s benchmark Sensex opened 497 points down on Tuesday dragged by selling pressure in consumer durables and realty stock...
LIC shares slump to record low of Rs.782.45
Mumbai: Share price of Life Insurance Corporation of India (LIC) slumped to a record low of Rs 782.45 on Monday, which is 17.55 per cent down from its...
CBIC to destroy 42,000 kg narcotics on Wednesday
New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) would destroy around 42,000 kilogram narcotics at 14 locations, including Guwahati, ...
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