Month: June 2023

The government has mopped up Rs 4,185 crore through a three per cent stake sale in state-run Coal India. The holding of the government has come down to 63.13 per … Read More

The airline industry is expected to record a net profit of USD 9.8 billion this year as passenger traffic is rising and local economies are reviving, IATA said on Monday. … Read More

India’s services sector growth eased slightly in May, but registered the second-strongest rate of growth in close to 13 years, on favourable demand conditions and new client wins, a monthly … Read More

S&P Global India PMI Business Activity Index moderates slightly to 61.2; firms hike prices at a pace only seen once since July 2017 | The Hindu

Benchmark stock indices Sensex and Nifty climbed in early trade on Monday, extending their previous day’s rally, amid optimistic trend in global markets. The 30-share BSE Sensex jumped 367.98 points … Read More

India’s import of cheap Russian oil scaled another record in May and is now more than the combined oil bought from Saudi Arabia, Iraq, UAE and the US, industry data … Read More

The Centre has imposed stock limits on tur dal and urad dal till October 31 to prevent hoarding and speculation | The Hindu

India’s foreign exchange reserves fell for a second consecutive week and stood at a one-month low of $589.14 billion as of May 26, the Reserve Bank of India’s (RBI) data … Read More

The BRICS nations on Friday underlined the need for using local currencies in international trade and financial transactions besides committing themselves to supporting rule-based open and transparent global trade. A … Read More

With the edible oil prices continuing to show a downward trend and set to witness further reduction by the edible oil industry, the Food Ministry said | The Hindu