India depends on Iran for nearly 10 per cent of its oil requirements, with the US sanction drying this source by May 2, the country’s macroeconomic situation may go for a tailspin if an alternative is not found immediately. India ...
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Feed SubscriptionRain, winds damage wheat crop in Punjab, Haryana
Standing wheat crop was damaged after rain, dust-storm and strong winds lashed Punjab and Haryana on Tuesday and Wednesday. Harvesting of wheat is on for the past 10 days in most parts of the two states. “The strong winds and ...
Read More »Airborne security drill on RBI HQ startles Mumbaikars
Thousands of office-goers and pedestrians were startled at the Reserve Bank of India (RBI)’s headquarters here as internal and external security agencies conducted a full-fledged airborne security drill at the apex bank’s building. As the onlookers gazed, initially with some ...
Read More »Economy has been destroyed in five years: Yechury
New Delhi : CPI-M General Secretary Sitaram Yechury on Saturday accused the Modi government of mismanaging and destroying the economy in the last five years. In a series of tweets, he shared a news article that spoke about the fiscal data ...
Read More »AP, Odisha MPs have highest average income, Goa MPs lowest: ADR
New Delhi : An analysis of self-declared affidavits of outgoing Lok Sabha MPs shows that 19 from Andhra Pradesh have an average annual self-income of Rs 1.05 crore, the highest among all MPs in the country. The figures also reveal an ...
Read More »India to grow at 7.3% for next 2 years despite global slowdown: Moody’s
New Delhi : Even as the global economy will further weaken in 2019 and 2020, India’s economy will grow at 7.3 per cent in both the calendar years as it is less exposed to the global slowdown, Moody’s said. “We ...
Read More »Easing Indo-Pak tensions aid Sensex to snap losing streak
Mumbai : Signs of easing Indo-Pak tensions and expectations of a breakthrough in US-China trade talks buoyed the Indian equity market on Friday, snapping a three-day losing streak. Additionally, expectations of a further lending rate cut by the RBI to ...
Read More »GST rate cut to spur Bengaluru realty market growth: Credai
Bengaluru : The realty market in India’s tech hub is set to grow as lower Goods and Services Tax (GST) rates become effective from April 1, builders’ apex body Credai said on Thursday. “GST rate cut to 5 per cent ...
Read More »Australia, Brazil launch WTO action against India
Canberra : Australia and Brazil have decided to escalate a trade dispute with India over sugar subsidies before the World Trade Organisation (WTO), Canberra said. Trade Minister Simon Birmingham announced this late Wednesday after it was decided that subsidies paid ...
Read More »Stocks of Motilal Oswal, IIFL fall over SEBI’s bar on commodity trading
Mumbai : A day after market regulator SEBI declared the commodity broking arms of Motilal Oswal and India Infoline (IIFL) as not “fit and proper” in the NSEL case, the scrip price of both the companies fell up to 5 ...
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