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Fed Rate Cut Opens Up Policy Space Around The World Without Feeding Panic

Jana Randow and Mark Schroers, Bloomberg | Thursday September 19, 2024

The Federal Reserve's bold start to cutting interest rates and its determination not to fall behind the curve in easing has reshaped the policy horizon for counterparts spanning the globe.

India's Mobile Phone Manufacturing Rises To Rs 4.1 Lakh Crore In Value: Report

Indo-Asian News Service | Wednesday September 18, 2024, New Delhi

India's mobile phone manufacturing in value has risen to Rs 4.1 lakh crore in India in the last 10 years due to strategic government policy measures like product-linked initiative and phased-manufacturing programme schemes, a report showed.

Amazon Appoints Samir Kumar As Its India Country Manager

Press Trust of India | Wednesday September 18, 2024, New Delhi

E-commerce giant Amazon on Wednesday announced that Samir Kumar will take on the responsibility to lead India as its country manager, following the resignation of Manish Tiwary.

Windfall Tax On Crude Petroleum Cut To Zero

Press Trust of India | Tuesday September 17, 2024, New Delhi

The government on Tuesday slashed windfall tax on domestically produced crude oil to 'nil' per tonne with effect from September 18.

Wholesale Inflation Falls For Second Month In A Row To 1.31% In August

Press Trust of India | Tuesday September 17, 2024, New Delhi

Wholesale inflation fell for the second consecutive month to 1.31 per cent in August due to cheaper vegetables, food and fuel, government data released on Tuesday showed.

Water Storage Breach At Vedanta Alumina Unit In Odisha Impacts Farm Land

Edited by Debanish Achom | Tuesday September 17, 2024, New Delhi

A process water storage facility at a Vedanta Aluminium unit in Odisha breached on Sunday, impacting agricultural land in the region.

Sensex Closes At Record High, Adani Green Soars 7.59%, Adani Power Gains 5.45%

Indo-Asian News Service | Monday September 16, 2024, Mumbai

Indian equity indices closed at record high due to gains in heavyweights like ICICI Bank and L&T.

Adani Power, Adani Green Energy Shares In Limelight; Surge Up To 8%

Press Trust of India | Monday September 16, 2024, New Delhi

Shares of Adani Power jumped nearly 8 per cent on Monday after the Adani group won a bid to supply 6,600 MW of bundled renewable and thermal power to Maharashtra for the long term after its quote of Rs 4.08 per unit beat the likes of JSW Energy and T

Centre Slashes Export Duty On Onion To 20%

Press Trust of India | Friday September 13, 2024, New Delhi

The government on Friday cut the duty on onion export to 20 per cent from 40 per cent.

Microsoft India Buys 16 Acres Of Land In Pune For Rs 453 Crore

Press Trust of India | Friday September 13, 2024, New Delhi

Earlier this week, Square Yards said that Microsoft had bought 16.4 acres of land in Pune for Rs 520 crore.

Centre Scraps Minimum Export Price Thresholds On Onion, Basmati Rice

Press Trust of India | Friday September 13, 2024, New Delhi

The government on Friday scrapped a minimum price threshold that it had set previously for exports of onion as it looked to pass on the benefit of international glut to Indian farmers.

"Inflation Has Moderated But Still There Is A Distance To Cover": RBI Governor

Press Trust of India | Friday September 13, 2024, Singapore

Inflation in India has moderated but still there is a distance to cover, Reserve Bank Governor Shaktikanta Das said on Friday.

Investors' Wealth Surges Rs 6.59 Lakh Crore As Markets Breach 83,000-Mark

Press Trust of India | Thursday September 12, 2024, New Delh

Among the 30 Sensex firms, Bharti Airtel, NTPC, Mahindra & Mahindra, JSW Steel, Adani Ports, State Bank of India, Tech Mahindra, Tata Steel, Larsen & Toubro and Kotak Mahindra Bank were the biggest gainers.

Retail Inflation At 3.65 Per Cent In August: Government Data

Press Trust of India | Thursday September 12, 2024, New Delhi

Inflation in the food basket was 5.66 per cent in August, marginally up from 5.42 per cent in July.

Aviation Watchdog Orders Special Audit Of Flying Training Organisations Amid Recent Accidents

Press Trust of India | Thursday September 12, 2024, New Delhi

Aviation watchdog DGCA has ordered a special audit of flying training organisations in the country amid recent accidents involving training aircraft.