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Representational file image. | Photo Credit: K. Murali Kumar The Centre said on Wednesday (September 18, 2024) that it does not expect an increase in prices of essential commodities such as sugar and edible oils during the festival season. Talking to reporters on decisions taken by the Food Ministry in the first 100 days of…
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Telangana CM A. Revanth Reddy, Deputy CM Mallu Bhatti Vikramarka, Industries Minister D. Sridhar Babu and others at the launch of MSME Policy 2024 at Shilpa Kala Vedika of Madhapur in Hyderabad on September 18, 2024. | Photo Credit: Ramakrishna G Telangana government has unveiled a policy dedicated to micro, small and medium enterprises (MSME 2024) outlining action…
Read More “Telangana unveils MSME policy to address gaps in TS-iPASS” »
“West Bengal, which held the third-largest share of national GDP at 10.5% in 1960-61, now accounts for only 5.6% in 2023-24. It has seen a consistent decline throughout this period.” the paper said. | Photo Credit: AFP West Bengal has experienced a continuous decline in its relative economic performance over several decades, according to a…
Image used for representative purpose only | Photo Credit: Reuters Benchmark equity indices declined in early trade on Wednesday (September 18, 2024) after a record rally, dragged by IT stocks and sluggish global market trends, ahead of the much-awaited U.S. Fed’s decision on interest rates. The 30-share BSE Sensex declined 130.24 points to 82,949.42. The…
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Representational file image. | Photo Credit: Reuters The government on Tuesday (September 17, 2024) slashed windfall tax on domestically produced crude oil to ‘nil’ per tonne with effect from September 18. The tax is levied in the form of special additional excise duty (SAED) and is notified fortnightly based on average oil prices in two…
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PN Gadgil Jewellers Ltd. on Tuesday (September 17, 2024) listed on the BSE at a premium of 75% at ₹834 as compared with issue price of ₹480. But the stock closed at ₹792.80 which is about 65% more than the issue price and 4.94% less than the listing price. “We want to further leverage this…
Read More “PM Gadgil Jewellers lists at a 75% premium in stock market debut” »
Observing that there is a lack of information about how much progress India has made, former Indian Minister Smriti Irani on Monday (September 16, 2024) said the financial prospects of the country have not been fully explored internationally. “I don’t think the financial prospects of our country are fully explored internationally. India as an economy…
File picture of Bombay Stock Exchange (BSE) building, in Mumbai | Photo Credit: PTI Benchmark Sensex rose by nearly 91 points to close at a fresh lifetime high while Nifty settled above the 25,400 level for the first time supported by firm global trends ahead of the much-awaited U.S. Fed’s decision on interest rates. Extending…
Read More “Sensex, Nifty hit fresh record closing high levels on rate cut hopes” »
Photo used for illustration purpose only. | Photo Credit: The Hindu India’s goods exports dropped 9.32% to $34.71 billion in August, while the import bill expanded 3.3% to $64.36 billion. The trade deficit widened to a ten-month high of $29.65 billion, reckoned to be the second highest monthly gap in goods trade. “Gold imports more…
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Pulses put on display for sale at wholesale grocery market in New Delhi. File photo | Photo Credit: The Hindu Inflation in India’s wholesale prices slid to a four-month low of 1.31% in August from 2.04% in July, aided by a slight moderation in the pace of price rise in food items and manufactured goods,…
Read More “Wholesale price rise at 4-month low of 1.3% in August” »