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Breaking News

Goods exports hit 12-month high of $41.68 billion in March

Posted on April 15, 2024 By admin
Goods exports hit 12-month high of .68 billion in March

Photo used for illustration purpose only. | Photo Credit: K.R. Deepak India’s goods exports hit a 12-month high of $41.68 billion in March, although it constituted a 0.67% decline from last year’s tally, while imports dropped 6% to $57.3 billion last month. The goods trade deficit contracted to $15.6 billion in March, the lowest in…

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Business

Sensex, Nifty tank over 1% on concerns over Middle East conflict, weak global trends; Rupee falls 6 paise

Posted on April 15, 2024 By admin
Sensex, Nifty tank over 1% on concerns over Middle East conflict, weak global trends; Rupee falls 6 paise

Stock markets took a beating on April 15 with benchmark Sensex and Nifty tumbling over 1% as escalating conflict in the Middle East and weak trends from global markets unnerved investors. Falling for the second session in a row, the 30-share BSE Sensex tanked 845.12 points or 1.14% to settle at a more than two-week…

Read More “Sensex, Nifty tank over 1% on concerns over Middle East conflict, weak global trends; Rupee falls 6 paise” »

Business

How are hydrocarbons extracted from under the ground? | Explained

Posted on April 15, 2024 By admin
How are hydrocarbons extracted from under the ground? | Explained

Over millennia, mighty geological processes in the earth’s crust heated and compressed together pieces of life-forms that had been dead for a while. Eventually, this mulch of organic matter accumulated as hydrocarbons inside rock formations. The two Industrial Revolutions were the result mainly of people finding a way to extract these hydrocarbons and using them…

Read More “How are hydrocarbons extracted from under the ground? | Explained” »

Science

Wholesale price inflation rises to three-month high of 0.53% in March

Posted on April 15, 2024 By admin
Wholesale price inflation rises to three-month high of 0.53% in March

Photo used for representation purpose only. A surge in cereal prices at a 12-month high enabled wholesale price inflation rise to a three-month high in March | Photo Credit: Sushil Kumar Verma India’s wholesale price inflation rose to a three-month high of 0.53% in March from 0.2% in February, with the food index rising 4.65%,…

Read More “Wholesale price inflation rises to three-month high of 0.53% in March” »

Business

Shipping industry set for tougher times ahead due to Israel-Iran tensions: Experts

Posted on April 15, 2024 By admin
Shipping industry set for tougher times ahead due to Israel-Iran tensions: Experts

The global maritime industry is set for tougher and more challenging times due to the increasing tensions in the Middle East, causing supply chain disruption and increasing the probability of choking shipping routes, experts in Singapore said. Iran launched 330 missiles and drones on Israel on April 13 in retaliation to an attack by Israel…

Read More “Shipping industry set for tougher times ahead due to Israel-Iran tensions: Experts” »

Business

Byju’s announces rejig of business; founder Raveendran to take over firm’s daily operations

Posted on April 15, 2024 By admin
Byju’s announces rejig of business; founder Raveendran to take over firm’s daily operations

A Byju’s logo is seen in this illustration taken, June 22, 2023. | Photo Credit: Reuters Byju Raveendran, the founder of the edtech company Think and Learn, which owns the Byju’s brand, will handle the firm’s day-to-day operations following the resignation of CEO Arjun Mohan, the company said on April 15. The company has also…

Read More “Byju’s announces rejig of business; founder Raveendran to take over firm’s daily operations” »

Business

Sensex recovers after tanking 900 points amid Israel-Iran tensions

Posted on April 15, 2024 By admin
Sensex recovers after tanking 900 points amid Israel-Iran tensions

Nervousness gripped the equity markets on April 15 following the geopolitical tensions in West Asia, with the 30-share BSE Sensex and the NSE Nifty registering a fall, however, the benchmark indices have recovered some lost ground. At 10:45 a.m. the Sensex was down 488.57 points or 0.66% to 73,756.33 and the the Nifty-50 index too…

Read More “Sensex recovers after tanking 900 points amid Israel-Iran tensions” »

Business

How fast is the universe expanding? New data keeps mystery open

Posted on April 15, 2024 By admin
How fast is the universe expanding? New data keeps mystery open

A big open problem in cosmology is the Hubble tension. There are two equally valid ways to measure how fast the universe is expanding, but they have yielded two very different estimates. No amount of rechecking and refining calculations has made this tension go away. In a study published recently in Monthly Notices of The…

Read More “How fast is the universe expanding? New data keeps mystery open” »

Science

Entrepreneur and pilot, Gopichand Thotakura is aiming for a place in Indian space history

Posted on April 14, 2024 By admin
Entrepreneur and pilot, Gopichand Thotakura is aiming for a place in Indian space history

Gopi Thotakura, an entrepreneur and a pilot, is set to become the first Indian to venture into space as a tourist. Photo: X/@blueorigin via PTI Earlier this month, Jeff Bezos-owned Blue Origin announced six crew members who would be part of a forthcoming commercial flight to space. Of interest to India is one participant, Gopichand…

Read More “Entrepreneur and pilot, Gopichand Thotakura is aiming for a place in Indian space history” »

Science

Automobile exports from India dip 5.5% in FY24

Posted on April 14, 2024 By admin
Automobile exports from India dip 5.5% in FY24

Image used for representative purpose only | Photo Credit: AFP Automobile exports from India declined 5.5% in FY24 due to the monetary crisis in various overseas markets, according to the latest data shared by industry body SIAM. Overall exports stood at 45,00,492 units in the last fiscal compared to 47,61,299 units in FY23. Commenting on…

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