In Other News

Thursday, Dec 07, 2023 | Last Update : 08:07 PM IST

Business In Other News

In Other News Page-3

This is the 12th increase in prices since the ending of a four-and-half-month long hiatus in rate revision on March 22. (Representational Image/ PTI)

Petrol, diesel prices hiked by 40 paise; total increase stands at Rs 8.40 per litre

Rates have been increased across the country and vary from state to state, depending upon the incidence of local taxation

05 Apr 2022 2:22 AM

Prime Minister Narendra Modi during the virtual signing ceremony of India-Australia Economic Cooperation and Trade Agreement. (PTI)

India, Australia ink trade pact, Modi calls it 'historic moment'

Tariffs on goods of both countries to be removed or reduced

02 Apr 2022 11:35 AM

Earlier projections estimated domestic sugar stocks as of October 1 could fall to a five-year low of 6.8 million tonnes due to record exports, but those forecasts now look optimistic after the rise in global sugar prices. — Representational image/DC

Govt mulls curbs on sugar exports

Lower output in Brazil and firm oil prices which encourage mills to produce more sugarcane-based ethanol have spurred global price gains

26 Mar 2022 11:30 AM

According to the framework, to use geo-tagging to capture locational data of acceptance infrastructure, banks/ non-bank PSOs (payment system operators) shall capture and maintain geographical coordinates for all payment touch points. — PTI

RBI to keep track of all payment touch points

The RBI said that capturing the accurate location of existing payment system touch points is essential to upscaling

26 Mar 2022 11:27 AM

Petrol in Delhi will now cost Rs 98.61 per litre as against Rs 97.81 previously while diesel rates have gone up from Rs 89.07 per litre to Rs 89.87 (PTI)

Petrol, diesel prices hiked again, fourth time in five days

These increase increases are the steepest single-day rise since the daily price revision was started in June 2017

26 Mar 2022 10:28 AM

Delhi Pradesh Mahila Congress activists being detained during a protest against rising prices of fuel and other essential commodities, at Vijay Chowk, in New Delhi, Monday, March 22, 2022. (PTI Photo/Atul Yadav)

Petrol, diesel, LPG prices are hiked; Uproar in Parliament

More hikes likely, Inflation fears, Fuel prices on freeze for 137 days

22 Mar 2022 10:32 AM

The negative impact of the war on the US, the EU, and Chinese economies could dampen external demand for India's exports, while supply chain disruptions could negatively affect India's import volumes and the prices. — By arrangement

India can partially offset war impact on CAD, says IMF

The global economic fallout of the war is expected to negatively impact India's economy through a number of channels

21 Mar 2022 9:48 AM

The data, however, showed output growth in the mining sector rose to 2.8 per cent in January compared to a rise 2.6 per cent in December, while manufacturing sector output grew 1.1 per cent against a de-growth of 0.9 per cent in December. — Representational image/DC

Factory output expands by 1.3% in January

The IIP numbers had fallen to 0.6 per cent a year ago in January 2021 and rose just 0.4 per cent in December 2020

12 Mar 2022 2:11 AM

Two-wheeler exports increased 3 per cent. A total of 375,689 units were exported in February 2022 against 364,646 units in the year-earlier month. Bajaj Auto and TVS Motor Company were major contributors for the month with 182,814 units and 94,427 units. — Representational image/DC Image

Vehicle exports up 5% in February: Siam

Maruti was the leading exporter with 23,787 units, a 109 per cent increase compared to February 2021 when exports were 11,364 units

12 Mar 2022 2:07 AM

Total merchandise exports for the full year are expected to amount to $414.8 billion, growing at 42 per cent over last year. Non-oil exports for the full year are expected to be around $353.4 billion, growing at 33 per cent, during the same period. — AFP

Exports to touch $414 bn: Exim Bank

India’s exports for the March quarter are expected to cross the $100 billion mark for the third consecutive quarter in a row

12 Mar 2022 2:02 AM

Rough diamonds with caratage starting from 2 carats to 34 carats were put on display prior to the auction. NMDC's Panna diamond mine is the largest in Madhya Pradesh and the state accounts for 90 per cent of India's diamond resources. — Representational image/DC

NMDC auctions over 8,300 carats of rough diamonds

The e-auction received an “overwhelming” response from diamond merchants of Surat, Mumbai and Panna

11 Mar 2022 8:18 AM

Hober Mallow Trust is a private trust owned by Infosys co-founder N. R. Narayana Murthy and his wife and the investments are held through Catamaran Ventures, according to Catamaran officials. — DC Image

CCI nod for Amazon buying Cloudtail stake

Amazon Asia-Pacific has proposed to acquire a 76 per cent stake in Prione Business

11 Mar 2022 8:14 AM

Russia's MMC Norilsk Nickel PJSC, which operates mines in Siberia, supplies about 17 per cent of the world's so-called "Class 1" nickel, a high-purity form that's more suitable for batteries. — AP

LME shuts nickel market over price-surge; MCX may follow suit

Tuesday's price surge came after state-owned China Construction Bank was granted more time to pay margin calls

09 Mar 2022 9:38 AM

At present, efficient access to UPI is available on smartphones. UPI can be accessed through NUUP (National Unified USSD Platform) using the short code of *99#. But this option is cumbersome and not popular. — PTI

RBI launches UPI for feature-phone users

UPI is gaining popularity and is becoming one of the most preferred methods of digital transactions in India

09 Mar 2022 9:36 AM

Commuters drive past the National Stock Exchange (NSE) building in Mumbai. (Photo: AFP)

CBI arrests ex-NSE GOO over irregularities in National Stock Exchange

Subramanian was questioned for days in Chennai before the agency decided to arrest him, the officials said

25 Feb 2022 9:15 AM

Though the ED searches were focused only on Indiabulls Housing Finance, shares of Indiabulls Real Estate also fell sharply. (Representational Image/ DC File)

ED raids Indiabulls offices in money-laundering case

The case was registered on the basis of an FIR filed in Palghar

22 Feb 2022 2:26 AM

According to the Gems and Jewellery Export Promotion Council, the scheduled Foreign Trade Agreement (FTA) with the UAE on Friday would help the industry to take a bigger leap in exports of plain gold and gold studded jewellery, which was hit badly during the pandemic. — Representational image/DC

UAE slips to third slot in gems & jewellery exports

This year the US has returned to the top slot with a share of 38.7 per cent of the total gems and jewellery exports

18 Feb 2022 9:17 AM

The CBI has registered a case against Gujarat- based ABG Shipyard and its directors for allegedly cheating 28 banks of Rs 22,842 crore, in the biggest bank fraud taken up by the agency. The finance minister said while it takes 52 months to 56 months to detect such frauds, less time was taken to detect it and take action under the present government. — PTI

ABG fraud detected relatively faster: FM

Nirmala Sitharaman defended the five years taken to file the first fraud complaint in the Rs 22,842 crore loan default by ABG Shipyard

15 Feb 2022 9:31 AM

We have also seen that cryptocurrencies are not amenable to definition as a currency, asset or commodity; they have no underlying cash flows, they have no intrinsic value; that they are akin to ponzi schemes, and may even be worse, Sankar added. — PTI

RBI Deputy Governor calls for outright cryptocurrency ban

Crypto-technology is underpinned by a philosophy to evade government controls, says deputy governor T. Rabi Sankar

15 Feb 2022 9:29 AM

Data & analytics spending is expected to witness robust growth driven by increased adoption of next-generation advanced analytics applications. — Representational image/DC

Analytics players tap digital boom

Latent View Analytics raised Rs 600 crore from the primary market last year in a highly successful fund raising exercise

14 Feb 2022 8:32 AM

3 of 306

Columns

Dilip Cherian