New Delhi — Rising crude oil prices remain a major concern for India’s economy, but strong services exports and stable remittance inflows could help soften the impact, according to a report by DSP Netra released on Wednesday. The report notes … read more
New Delhi — Global oil prices dropped sharply on Tuesday, falling below $90 per barrel after Donald Trump suggested that the ongoing conflict in the Middle East could end soon. Benchmark Brent Crude futures fell as much as 10.85 per … read more
New Delhi: Finance ministers from the Group of Seven (G7) are set to discuss a possible coordinated release of emergency petroleum reserves during a call on Monday as global oil prices climb following the conflict in the Gulf, according to … read more
Mumbai — The market capitalisation of Larsen & Toubro declined sharply this week, wiping out Rs 45,629 crore from its valuation as a widespread sell-off in equities dragged down several of India’s largest companies. Following the decline, the engineering and … read more
Mumbai- India’s foreign exchange reserves rose by $4.885 billion to reach a new all-time high of $728.494 billion in the week ending February 27, according to data released by the Reserve Bank of India on Friday. The previous record for … read more
Chennai: Exports of textiles, garments and wet grinders from Tamil Nadu’s Coimbatore are facing mounting delays as the intensifying conflict in West Asia continues to choke key international shipping lanes, disrupting trade with Gulf nations and other overseas markets, officials … read more
New Delhi — Bharat Biotech, the developer of the Covid-19 vaccine Covaxin, is reportedly exploring an initial public offering (IPO) that could raise more than $500 million, according to sources cited in multiple reports. Discussions are currently underway on key … read more
Mumbai – Indian investors are likely to soon gain access to shares listed across 30 international markets through the NSE International Exchange (NSE IX), according to media reports. The exchange plans to scale up its recently launched global investing platform … read more
Mumbai- Indian equity benchmarks extended their rally for a second consecutive session on Monday, buoyed by strong buying interest in PSU banking and healthcare stocks. Investor sentiment also improved on positive global cues after the Supreme Court of the United … read more
New Delhi: India’s eight core infrastructure industries recorded a combined growth of 4 per cent in January compared to the same month last year, driven mainly by strong performance in the steel and cement sectors, according to official data released … read more