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Almonds from California on display in Visakhapatnam. File | Photo Credit: The Hindu Two days before U.S. President Joe Biden arrives in New Delhi for a bilateral meeting as well as the G-20 Summit, India has dropped the retaliatory customs tariffs it had imposed on imports of some American goods like almonds and lentils, effective…
Read More “Ahead of Joe Biden visit, India drops tariff hikes on U.S. almonds, lentils” »
When the Periodic Labour Force Survey (PLFS) was released in 2017, it revealed the unemployment rate of India to be 6.1%, the highest ever recorded in India. The PLFS of 2021-22 showed unemployment reducing to 4.1%, much lower than before, but higher than some developed economies. The U.S unemployment rate fluctuated between 3.5% in July…
Students apply final touches to portraits of the G20 leaders, ahead of the G20 Summit, outside an art school in Mumbai, India, September 5, 2023. REUTERS/Niharika Kulkarni | Photo Credit: NIHARIKA KULKARNI India’s G20 presidency could leave a lasting legacy for the world’s financial architecture by paving the way for a global template to regulate…
Read More “G20 could pave way for crypto regulation, financial inclusion push” »
Abbott India informed drug controller Central Drugs Standard Control Organisation of the voluntary recall of Digene Gell and stopped production of all variants of the product manufactured at their Goa facility. Photo: digeneindia.com The Central Drugs Standard Control Organisation (CDSCO) has alerted healthcare professionals, consumers, patients, wholesalers, distributors, and regulatory authorities about the voluntary recall of…
Oil prices hit a 10-month high of nearly USD 90 per barrel New Delhi: Oil prices hit a 10-month high of nearly USD 90 per barrel as Saudi Arabia and Russia extended their voluntary production and export cuts until the end of the year. For a nation that is more than 85 per cent dependent…
Read More “Oil Nears $90 For First Time In 2023, Fuel Price Unlikely To Change In India” »
SpiceJet stock rallied amid reports that nearly 3 per cent equity changed hands at the BSE. New Delhi: Shares of SpiceJet were in heavy demand today and jumped 20 per cent to hit the upper circuit limit. The stock rallied amid reports that nearly 3 per cent equity changed hands at the BSE. On Monday,…
Read More “SpiceJet Shares Rally 20%, Hit Upper Circuit Limit” »
The government on Wednesday approved ₹3,760 crore for viability gap funding of up to 40% of total capital cost to set up 4,000 MWh battery energy storage system in the country, Union minister Anurag Thakur said. The entire ₹3,760 crore viability gap funding (VGF) will be borne by the central government, the Information & Broadcasting…
The market capitalisation of BSE-listed firms reached a new lifetime peak of Rs 317.33 lakh crore New Delhi: The market capitalisation of BSE-listed firms reached a new lifetime peak of Rs 317.33 lakh crore on Wednesday as the benchmark Sensex maintained its winning run for the fourth day running. Fag-end buying helped the BSE Sensex…
Read More “Market Capitalisation Of BSE-Listed Firms Reach Lifetime High Of Rs 317 Lakh Crore” »
Pedestrians walk past the Bombay Stock Exchange (BSE) building, in Mumbai. File | Photo Credit: PTI Equity benchmark indices ended in the positive territory on Wednesday on buying in HDFC Bank and a largely firm trend in Asian markets. Fag-end buying helped the BSE Sensex climb 100.26 points or 0.15% to settle at 65,880.52. During…
Read More “Markets log 4th day of rally on buying in HDFC Bank” »
The rupee settled at 83.14 (provisional) against the U.S. dollar, down 10 paise from its previous close. | Photo Credit: REUTERS The rupee depreciated by 10 paise and settled for the day at an all-time low of 83.14 (provisional) against the U.S. dollar on Wednesday, weighed down by a surge in crude oil prices and…
Read More “Rupee falls 10 paise to close at all-time low of 83.14 against U.S. dollar” »
