AP Transco to expedite Rs 5,000 crore transmission projects
Special Chief Secretary K. Vijayanand directed AP Transco to expedite 68 transmission projects worth Rs 5,000 crore to strengthen the power network and meet future energy needs.
Category : Business
India's Forex Reserves Robust Enough to Defend Rupee
India's foreign exchange reserves are robust enough to defend the rupee amid the Middle East crisis and foreign capital outflows, economists say, with reserves stronger than during the 2013 taper tantrum.
Gold Import Duty Hikes to 15%: What Buyers Need to Know
India raises gold import duty to 15%, impacting jewellery prices. Weddings and festive shopping may cost more. Experts explain the effect on buyers.
S Korea President Rejects Fake News Over AI Dividend Remarks
South Korea's President Lee dismissed as fake news claims that his policy aide discussed AI dividends, reaffirming the government's stance on AI regulation and economic policy.
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S&P: India Handling Global Headwinds Effectively
S&P Global Ratings states India is managing global financial headwinds better than headline figures suggest, with foreign capital outflow concerns potentially overstated.
Noida Airport Fees: UDF Capped at Rs 490 for Domestic Flyers
The Uttar Pradesh government has capped the User Development Fee (UDF) at Rs 490 for domestic passengers at Noida International Airport. Parking fees range from Rs 150 to Rs 500 for two-wheelers and cars.
India's PV sales to hit record 5.9 mn units in FY27
India's passenger vehicle sales expected to reach record 5.9 million units in FY27, growing 5-7% on GST cut and strong utility vehicle demand, says CRISIL Ratings.
Gold price prediction today: Import duty hike sparks rally
Gold and silver prices surged after India raised import duties. Analysts expect domestic prices to align with global trends. Key support and resistance levels for gold and silver.
SBI: West Asia Conflict Impact on India Inflation Limited
The SBI report says the West Asia conflict hasn't majorly impacted India's retail inflation yet, but future trends depend on fuel costs, crop coverage, and global supply conditions.
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India Hikes Gold Import Duty to 15% to Curb Imports
India raised gold import tariffs to 15% from 6% to curb rising imports and foreign exchange outgo amid geopolitical tensions and a widening trade deficit.
Bhatia Mobiles Expands in Western India, Redefining Smartphone Retail
Bhatia Mobiles, a Surat-based retailer, is expanding across Western India with a strategy focused on trust, competitive pricing, and customer experience, reshaping how Indians buy smartphones.
500+ Leaders from 50+ Nations at WTCA Forum
Over 500 leaders from more than 50 countries attended the 56th annual World Trade Centers Association Global Business Forum in Philadelphia, focusing on global trade and economic growth.
UK Homeownership vs India: Couple's Tale of Two Housing Markets
A young couple struggled to buy a flat in Bangalore despite dual incomes, but purchased a three-bed house in the UK within two years on a single salary, highlighting stark real estate contrasts.
India Hikes Gold, Silver Import Duty to 15% to Curb Forex Outflow
India raised import duties on gold and silver to 15% from 6% to curb rising imports, conserve foreign exchange amid West Asia crisis. The move aims to reduce pressure on forex reserves and current account deficit.
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Vodafone Idea Stock Surges 5% on Fundraising Plans
Vodafone Idea shares jumped 5% after the board announced plans to raise funds. The telecom firm aims to strengthen its financial position amid market challenges.
West Asia Crisis Not Impacting Inflation Yet: SBI Report
A recent SBI report indicates that the West Asia crisis has not yet affected inflation, but the pass-through of fuel prices will shape future inflation outlook.
Parag Milk Foods Launches Protein Drink with Tetra Pak
Parag Milk Foods has launched a new milk-based protein drink in collaboration with Tetra Pak, targeting health-conscious consumers. The drink offers high protein content and is packaged in sustainable cartons.
Lt Gen Dhillon Applauds NCC Spirit at Galgotias University
Lt Gen KJS Dhillon commended Galgotias University for discipline and energy, saying he leaves as a better person after interacting with NCC cadets.
Air India cuts 200 more weekly flights amid rising costs
Air India slashes around 200 weekly flights from June to August, including long-haul routes, to stem losses due to high jet fuel prices and rupee depreciation, following earlier cuts in May.
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Stock Markets Pare Early Gains, Trade Lower
Indian stock markets erased early gains and traded lower on Tuesday, dragged by selling in IT, banking, and auto stocks amid global cues.
Rupee Recovers 16 Paise from All-Time Low to 95.52
The Indian rupee recovered 16 paise from its all-time low, trading at 95.52 against the US dollar in early trade on Monday, supported by positive domestic equities and a weak greenback.
7 Timeless Indian Design Elements Returning to Modern Homes
From carved wooden doors to stone flooring, traditional Indian architectural features are reappearing in contemporary homes, blending aesthetics with sustainability and cultural significance.
Gold Silver Prices May 13: City-Wise Rates
Gold and silver prices today in major Indian cities. Check MCX rates, import duty impact, and city-wise gold price in Kolkata, Delhi, Chennai, Mumbai.
Trade Assn Hosts Talk with GST, Income Tax Officials
A trade association in Ludhiana organized a session with GST and Income Tax officials to address tax-related queries and promote compliance among local businesses.
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Import Duty Hike on Gold, Silver, Platinum to Curb Imports
The government increased import duties on gold, silver, and platinum to moderate non-essential imports and reduce pressure on the current account deficit.
Asian Markets Mixed as AI Stocks Slip, Oil Stays High
Asian markets traded mixed on Wednesday as fading AI stock momentum, elevated oil prices, and persistent inflation concerns kept investors cautious. Japan's Nikkei edged up, while Hong Kong's Hang Seng fell.
Kotak Warns India of West Asia Oil Shock Risks
Uday Kotak warns India to prepare for a West Asia oil shock, emphasizing reduced foreign capital dependence and building domestic long-term risk capital for economic self-reliance.
Uday Kotak Warns India of West Asia Oil Shock Risks
Finance veteran Uday Kotak warns India of potential oil shock from West Asia tensions, urging reduced foreign capital dependence and building domestic risk capital for economic self-reliance.
India Hikes Gold, Silver Import Duty to 15%
India raises gold and silver import duty from 6% to 15% to curb imports and protect forex reserves amid global uncertainty. Experts warn of smuggling risks and demand impact.
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Sensex Drops 119 Points, Nifty Flat on Geopolitical Tensions
Indian markets opened lower on Monday with Sensex dropping 119 points and Nifty flat amid renewed geopolitical tensions. Gold and silver prices gained as investors sought safe havens.
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