New Delhi (IANS) The Indian rupee touched a new low of Rs 77.87 per US dollar on Friday, after a prolonged phase of consolidation as inflationary risks have soured. The rise in crude prices towards three-month highs owing to supply tightness … read more
Dubai (IANS) The Indian government has approved the proposal for signing an MoU between India and the United Arab Emirates (UAE) on cooperation in the field of industries and advanced technologies. Growing India-UAE economic and commercial relations contribute to the stability … read more
New Delhi (IANS) Domestic equity benchmark indices kept their opening session losses intact throughout the session and settled lower on Tuesday, as the overall sentiments still remain cautious amongst investors as they are worried about inflation and benchmark interest rates. Sensex … read more
New Delhi (IANS) The Centre on Friday approved the 8.1 per cent rate of interest on employees’ provident fund deposits for FY22. At 8.1 per cent, the rate for the last fiscal would be at a near four-decade low. In March, … read more
New Delhi (IANS) The Union Cabinet on Wednesday approved expanding the mandate of Government e-Marketplace (GeM) to allow procurement by Cooperatives as buyers on the portal. The decision was taken at a meeting of the union cabinet chaired by Prime Minister … read more
New Delhi (IANS) Petrol pump dealers across 24 states have decided not to purchase diesel and petrol from oil companies on Tuesday to mark their protest against dealers’ commission which has not been revised since long, it was announced on Monday. … read more
Guwahati (IANS) Union Finance Minister Nirmala Sitharaman on Sunday said that the Centre has been implementing various rail, road and air connectivity projects worth Rs 1.34 lakh crore in the northeastern states. Addressing a “NADI (River) Conclave 2022” in Guwahati, Sitharaman … read more
New Delhi (IANS) Capitalising on their opening session gains, domestic equity benchmark indices settled week’s last trading session sharply higher in the green led by gains in IT, media, and banking stocks coupled with strong global cues. Nifty IT was the … read more
New Delhi (IANS) Global financial services provider firm Moody’s Investors Service has slashed India’s GDP projection to 8.8 per cent for 2022, from 9.1 per cent estimated previously. The rationale behind the cut was the prevailing high inflation. “Except for Russia, … read more
New Delhi (IANS) The move to waive import duties on some key raw materials and intermediaries needed for production of steel is expected to help in moderating steel prices in the domestic market, besides reducing inflation, said Uday Narang, Founder and … read more