Oil Prices Decline On US Inventory Data And Dollar Strength
Oil prices declined today as industry data showed a rise in crude and fuel inventories in the US and as the US dollar strengthened, signalling that demand for oil is…
Nirmala Sitharaman Rejects Rahul Gandhi’s Allegations that PSUs Are Being Dismantled
Staff Reporter Senior BJP leader and Union Finance Minister Nirmala Sitharaman today rejected Congress leader Rahul Gandhi’s allegations that public sector undertakings (PSUs) are being dismantled and are in disarray.…
Sri Lanka Signs 20-Year Power Deal With Adani Green Energy For Wind Stations
Sri Lanka has sealed a 20-year power deal with Adani Green Energy Ltd of India. Sri Lanka’s Cabinet of Ministers have approved the project under which two wind power stations…
Foreign Investors Infuse Rs 1,156 Cr in 1st Two Trading Sessions Of May
Adopting a cautionary stance, foreign investors infused 1,156 crore rupees in the first two trading sessions of May. As per depositories data, Foreign Portfolio Investor (FPIs) invested 1,156 crore rupees…
Rupee Ends At 83.50 Against US Dollar; Dollar Index Climbs To 105.05
In the forex market, the rupee closed at 83 rupees and 50 paise against the US dollar today. The dollar index, which indicates the US dollar’s strength against a basket…
India has One of Most Stringent Standards of Maximum Residue Limits For Food Items in World
The government has clarified that India has one of the most stringent standards of Maximum Residue Limits (MRLs) in the world and MRLs of pesticides are fixed differently for different…
FPIs Take Cautious Approach Amid Ongoing General Elections
Adopting a cautionary stance, foreign investors infused 1,156 crore rupees in the first two trading sessions of May. As per depositories data, Foreign Portfolio Investor (FPIs) invested 1,156 crore rupees…
India Lifts Ban on Onion Exports
AMN / NEW DELHI The Government today lifted the ban on onion exports. In a notification, the Directorate General of Foreign Trade has said that the order effective immediately, is…
Sitharaman Refutes Reports Of Post-Election Tax Overhaul, Labels Them Speculative
Finance Minister Nirmala Sitharaman has refuted claims made by a news report that the Income Tax department is planning several changes after the Lok Sabha elections. In a social media…
FINAL TRADE May 3: Sensex ends 733 pts lower, Nifty tanks 172 pts dragged by financial, energy shares
Sensex Settles Below 74,000 Equity benchmark indices ended lower today amid a broad-based selloff with Sensex settling below the 74,000 level and Nifty retreating from a record high as investors…