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India’s forex reserves rose to $595.976bn during week ending May 5: RBI

New Delhi: India’s foreign exchange reserves rose by $7.196 billion to $595.976 billion during the week ended May 5, data released by the Reserve Bank...


CBIC rolls out Automated Return Scrutiny Module for GST returns

The Central Board of Indirect Taxes and Customs (CBIC) has rolled out the Automated Return Scrutiny Module for GST returns. Finance Ministry said, thi...


Bookings for Hyundai EXTER opened in India

Hyundai Motor India has opened bookings for the Hyundai EXTER in India for Rs.11,000 and customers can book the car at dealerships across the country ...


Govt waives duty and agri cess on crude soya bean, sunflower oil imports under tariff rate quota till June 30

New Delhi: The finance ministry has exempted imports of crude soya bean and sunflower oil from basic customs duty and agriculture infrastructure and d...


India to become world’s largest automobile market in next five years: Union Minister Nitin Gadkari

Mumbai: Union Minister for Road Transport and Highways Nitin Gadkari has said country could become the world’s largest automobile market in the next f...


Union Minister Piyush Goyal invites Canadian business community to participate in growth of Indian economy

Toronto: Commerce and Industry Minister Piyush Goyal has invited Canadian businesspersons to participate in the journey of growth of the Indian econom...


India's economic success hailed at Asian Development Bank meet in South Korea

Finance Minister Nirmala Sitharaman led the Indian delegation to the 56th Annual General Meeting of the Board of Governors of Asian Development Bank (...


Fitch affirms India's sovereign rating on robust growth outlook, flags weak finances

New Delhi: Fitch on Tuesday affirmed India's sovereign rating at 'BBB-' with a stable outlook, on robust growth and resilient external finances, but s...


Indian Railways records monthly freight loading of 126.46 MT in April 2023

Indian Railways recorded monthly freight loading of 126.46 MT in April this year. The incremental loading in the month of April has been 4.25 MT, whic...


RBI, BIS launch global technology competition ‘G20 TechSprint’

Reserve Bank of India(RBI) and Bank for International Settlements (BIS) have launched G20 TechSprint, a global technology competition. RBI and the BIS...


Go First airlines cancels all its flights till May 9

Hyderabad: The Indian airline Go First has canceled all flights until May 9 due to operational reasons. The airlines are also not taking new bookings ...


India offers assured prosperity and growth to US companies with recent policy reforms, says Union Minister Piyush Goyal

New Delhi: Commerce and Industry Minister Piyush Goyal on Thursday said that the India-US partnership is the defining moment of the 21st century. Duri...


US stocks end low; Dow Jones Industrial Average declines 0.8 per cent

New York: US stocks ended lower on Wednesday, reversing gains after comments by Federal Reserve Chair Jerome Powell.The Dow Jones Industrial Average d...


Cognizant to lay off 3,500 employees

New Delhi: IT major Cognizant on Thursday said it will lay off 3,500 employees, or approximately 1 per cent of its workforce (mainly non-billable), as...


India's domestic coal production rises by over 22 % during last five years

India's domestic coal production has risen by over 22 per cent during the last five years. The Coal Ministry said that the country's overall coal prod...


US Federal Reserve hikes interest rate by 25 basis points to check inflation

The US Federal Reserve has raised interest rates by 25 basis points to check inflation. The Fed is aiming to bring inflation under 2 per cent and for ...


Oil prices extend losses ahead of Federal decision

Oil prices extended losses yesterday after plunging five percent in the previous session, as investors fretted about the health of the U.S. economy ah...


Go First airlines flights to remain cancelled on May 3 and 4

New Delhi: Go First Airways on Tuesday informed the Directorate General of Civil Aviation (DGCA) that all flights of the airlines will remain cancelle...


Toll collection through FASTag reaches all-time high of over Rs 193 crore

The toll collection through FASTag system has achieved a historic milestone, reaching an all-time high collection of over 193 crore rupees in a single...


TRAI releases recommendations on Ease of Doing Business in Telecom and Broadcasting Sector

Telecom Regulatory Authority of India, TRAI yesterday released the recommendations on Ease of Doing Business in Telecom and Broadcasting Sector. Commu...


Ethanol sector growth has been tremendous which set sort of example for world: Piyush Goyal

New Delhi: Union Minister of Commerce and Industry Piyush Goyal has said that the growth of the ethanol sector has been tremendous which has set a sor...


Finance Minister Nirmala Sitharaman to attend 56th Annual General Meeting of Board of Directors of Asian Development Bank in South Korea

Seoul: Finance Minister Nirmala Sitharaman will attend the 56th Annual General Meeting of the Board of Directors of the Asian Development Bank (ADB) i...


Highest ever GST revenue of over Rs 1,87,000 crore collected in April 2023

New Delhi: The gross Goods and Services Tax, GST revenue collected in April this year is the highest ever at over Rs one lakh 87 thousand crores. Out ...


India's domestic air travel reaches new heights and surpasses pre-Covid average

India's domestic air travel has reached new heights and surpassed the pre-Covid average. On Sunday, a total of over 4,56,000 passengers travelled in 2...


International Apparel & Textile Fair kicks off in Dubai featuring 90 Indian participants

Dubai: The International Apparel & Textile Fair (IATF) has returned to Dubai in 2023, for its 15th edition. The fair is known as the premier platf...


Commercial LPG cylinder prices slashed by Rs 171.5 per unit

New Delhi: Petroleum and oil marketing companies have slashed the price of Commercial LPG cylinders by Rs 171.50 with immediate effect, according to s...


Afghanistan’s central bank sells $14 mn to keep local currency stable

Kabul: Afghanistan’s central bank Da Afghanistan Bank (DAB) sold $14 million by auction on Sunday to stabilise the exchange rate of the national curre...


Finance Minister Nirmala Sitharaman directs authorities to increase taxpayer base through enhanced use of technology

New Delhi: Finance Minister Nirmala Sitharaman has directed the Central Board of Indirect Taxes and Customs (CBIC) to implement an action plan to incr...


Flipkart Big Saving Days sale begins on May 5

The most awaited Flipkart Big Saving Days sale is going to begin from May 5 to 10. Flipkart has announced the sale by releasing a teaser page for the ...


Sri Lanka Parliament passes Resolution for implementing IMF package

Colombo: Sri Lanka’s Parliament yesterday passed a Resolution for implementing the IMF package of an extended fund facility of 3 billion dollars. A to...

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