Stay Connected. Stay Informed.
Passenger vehicle sales rose to 3,93,250 units last month, registering a jump of 13% from 3,47,086 units sold in January 2023. | Photo Credit: PTI “Passenger vehicle retail sales rose to a record high in January driven by robust demand for sports utility vehicles,” dealers’ body FADA said on February 13. Passenger vehicle (PV) sales…
Atlantic Horseshoe crabs in a tidal pool along Pickering Beach, a national horseshoe crab sanctuary near Little Creek, Delaware, May 20, 2008. | Photo Credit: Reuters Environmental groups on Monday petitioned the U.S. government seeking endangered species protection for the American horseshoe crab, a “living fossil” under threat from commercial harvests for bait and biomedical use as well as from habitat…
Read More “Horseshoe crabs, living fossils of the sea, draw endangered species petition” »
File picture of the Bombay Stock Exchange (BSE) in Mumbai. Image for representation | Photo Credit: SHASHI ASHIWAL Benchmark indices Sensex and Nifty fell in early trade on Tuesday as volatility persisted amid mixed trends in global markets. The 30-share BSE Sensex opened on a positive note and climbed 116.42 points to 71,188.91 points. However,…
Read More “Stocks decline in early trade; Paytm shares hit record low” »
A man at a foreign exchange counts Indian currency as a customer, unseen, exchanges U.S. dollars in New Delhi. File photo | Photo Credit: AP The rupee declined marginally to 83.01 against the US dollar in early trade on Tuesday, February 13,2024, amid a muted trend in domestic equities. A stronger American currency and elevated…
Read More “Rupee marginally falls to 83.01 in early trade” »
Tourists at the snow-covered Mall Road after a fresh snowfall, in Manali. Representational | Photo Credit: PTI A government-initiated rating system for the hospitality sector which aims to ensure world-class hygiene and sanitation in hotels, resorts and homestays has become a non-starter with no State opting for it as of now. Barring a pilot project…
Read More “Hygiene and sanitation rating system for the hospitality sector yet to take off” »
With the BJP-led government exuding over-confidence on the state of the economy, the interim Budget presented earlier this month has shifted focus to fiscal consolidation. Finance Minister Nirmala Sitharaman has projected that the fiscal deficit; which was expanded to 9.2% of GDP in 2020-21 to deal with the pandemic-induced recession; would be brought down to…
Director General of Aeronautical Quality Assurance Sanjay Chawla (centre) presenting the certificate to Airbus Defence and Space CEO Michael Schoellhornof (right) and TASL Head-Aerostructures and Aeroengines Masood Hussainy at the C295 main components assembly facility in Hyderabad on Monday. | Photo Credit: Special arrangement Airbus Defence and Space (ADS) quality management system for the C295…
Read More “DGAQA approves making Airbus C295 detailed parts, assemblies in India” »
FILE PHOTO: A motorcyclist rides past an advertisement of Steel Authority of India Ltd. (SAIL) at a street in New Delhi. | Photo Credit: Reuters Steel Authority of India (SAIL) reported a lower third-quarter profit on February 12, as higher imports led to a drop in both volume sales and prices. The company’s consolidated net…
Read More “Steel Authority of India’s Q3 profit drops as imports dent sales, prices” »
Retail inflation eased to a three-month low, official data show. File | Photo Credit: Special Arrangement India’s retail inflation eased to a three-month low of 5.1% in January from 5.7% a month earlier, with food price rise cooling a bit to 8.3% compared with 9.5% in December 2023. January’s headline inflation pace is slightly higher…
Read More “2024 brings breather on inflation but food prices are still sticky” »
Reserve Bank of India Governor Shaktikanta Das addresses a press conference after a customary post-budget meeting with the Central Board of Directors of Reserve Bank of India, in New Delhi, Monday, Feb. 12, 2024. | Photo Credit: PTI Reserve Bank of India Governor Shaktikanta Das ruled out any review of the central bank’s action against…
Read More “RBI Governor Shaktikanta Das rules out review of action against Paytm Payments Bank” »