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New Delhi: The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, Wednesday approved the doubling of the Bakhtiyarpur-Rajgir-Tilaiya single railway line section, stretching across a distance of 104 km in Bihar with a total investment of Rs 2,192 crore. The project covering four districts in Bihar will also provide rail connectivity to prominent destinations such as Rajgir (Shanti Stupa), Nalanda and Pawapuri, attracting pilgrims and tourists from across the c ...Read More >
Mumbai, Sep 24 (PTI) The rupee recovered 2 paise from its all-time closing low to settle at 88.71 (provisional) against the US dollar on Wednesday, as steep tariffs and H-1B visa related issues kept the domestic unit under pressure. Forex traders said rupee is hovering near its all-time low level on sustained foreign fund outflows amid investors' risk-aversion and trade policy uncertainty. Moreover, enhanced US tariffs on Indian goods as well as trade policy uncertainty exacerbated the rupee's ...Read More >
The Centre is closely monitoring e-commerce platforms to ensure that the recent GST rate cuts on FMCG items are being passed on to consumers. Field formations are tracking price changes, with a first report due by September 30. The government is closely monitoring whether the recent Goods and Services Tax (GST) reduction on fast-moving consumer goods (FMCG) is being reflected in lower prices on e-commerce platforms, sources told PTI on Tuesday. This comes after reports emerged that some online ...Read More >
LITTLETON, Colorado, Sept 23 (Reuters) - Global shipments of thermal coal - used for power generation - climbed to their highest levels since late 2024 in August on the back of strong import orders by China, Japan and South Korea. The jump in coal purchases came after nine straight months of year-over-year declines in monthly coal exports, which had raised expectations that 2025 may mark the first full-year contraction in global coal trade since 2020. A combination of reduced domestic coal pro ...Read More >
Nagpur: Gas Authority of India Limited (Gail) may pump LNG from Adani Group's Dhamra port in the eastern coastal state of Odisha through its pipeline connecting Nagpur to Jharsuguda. Gail is laying a gas pipeline from Mumbai to Nagpur, along the Samruddhi Expressway, with the pipeline extending further to Jharsuguda in the east.Adani has an LNG terminal at Dhamra port on the east coast and is delivering LNG to Gail's metering stations there. The facility will enable Gail to charge up the pipelin ...Read More >
Mumbai, Sep 15 (PTI) The rupee witnessed range-bound trading and settled higher by 10 paise at 88.16 against the US dollar on Monday, as the domestic unit was caught between worries over US trade tariffs and hopes of a Fed rate cut. Forex traders said, likely intervention of the RBI has helped in controlling volatility and preventing a quick depreciation of the local unit. At the interbank foreign exchange, the rupee opened at 88.25, then touched an intraday low of 88.30 and a high of 88.13 ag ...Read More >
Mumbai (Maharashtra) [India], September 15: Patel Retail Limited has secured an export order worth ₹22 crore. With this achievement, the company's cumulative export order book has now reached ₹50 crore, reinforcing its strong presence in global markets. The orders span across regions, including Europe ,the UK, Canada, Australia, New Zealand, and Singapore, underscoring the company's expanding international presence and the growing global demand for its high-quality products. Also Read | Supreme ...Read More >
New Delhi: India's wholesale inflation rose to a four-month high in August, snapping a two-month spell of contraction, as food prices pushed the index back into positive territory, provisional data from the commerce and industry ministry showed Monday. The wholesale price index (WPI) based inflation climbed 0.52% in August, compared with (-)0.19% in June and (-)0.58% in July. A year earlier, WPI inflation stood at 1.25%. The reading outpaced economists' expectations of 0.30% in a Reuters poll. ...Read More >
NEW DELHI: Wholesale price index (WPI)-based inflation returned to positive territory in August 2025, after two consecutive months of deflation, according to data released by the Ministry of Commerce & Industry on Monday. The annual rate of inflation, calculated on a year-on-year (YoY) basis, stood at 0.52% (provisional) for August 2025, a significant reversal from the -0.58% recorded in July 2025. This shift is primarily attributed to rising prices in key sectors such as food products, other m ...Read More >
Bengaluru: Karnataka's coffee heartland -- comprising Kodagu, Chikkamagaluru, and Hassan -- is staring at a regulatory storm as the European Union's stringent Deforestation Regulation (EUDR) looms large. The rule, set to take effect from Jan 1, 2026, mandates that exporters prove their coffee is deforestation-free by providing precise geolocation or polygon mapping data of plantations.For India, which exports over 70% of its coffee with nearly 60% heading to the EU, this regulation has sparked a ...Read More >
Mumbai: Tata International has finalised a joint venture with Mercuria that would entail the Swiss energy and commodity trading firm acquiring a 51% stake in the Tata trading arm, said people familiar with the matter. The alliance reflects several geopolitical headwinds weighing on Tata International's global operations. It is expected to give Mercuria a greater role in steering the Noel Tata-led company's trading business, the people told ET. They did not disclose the value of the stake Mercur ...Read More >
New Delhi: The Supreme Court has said an average home buyer desires a stable roof over their family's head and the anxiety of not having a home despite paying a fortune is bound to take a serious toll on health, productivity, and dignity, and the Centre cannot continue to be a silent spectator, when desire for a dream home of the taxpayers' is shattered. A bench comprising justices J B Pardiwala and R Mahadevan said: "The Union government shall consider establishing a revival fund under Nationa ...Read More >
Srinagar, Sep 12: Retail inflation in J&K reached 3.75 percent in August 2025, according to the latest Consumer Price Index (CPI) data released by the Ministry of Statistics and Programme Implementation. The figure continues to place the Union Territory above the national average of 2.07 percent, reflecting ongoing cost pressures on households across the region. Compared to July, when retail inflation was 3.77 percent, the August figure shows a marginal decline. However, both rural and urban ar ...Read More >
New Delhi: The Central Board of Indirect Customs and Taxes (CBIC) has directed its field formations to track price changes for various commodities before and after the goods and services tax (GST) rate rationalisation, effective September 22, 2025. This price tracking will continue for at least six months. In a letter dated September 9, the CBIC instructed field formations to submit a report by the 20th of each month on approximately 54 commodities, including toiletries, consumer durable items ...Read More >
Mumbai, Sep 12 (PTI) The Indian rupee recovered from all-time lows and settled for the day higher by 9 paise at 88.26 against the US dollar on Friday, on weakness in the US dollar index and positive domestic markets. Forex traders said the domestic unit traded in a tight range and hovered around its all-time low level as tariff-led pressure on India's exports and sustained foreign fund outflows dented investors sentiments. At the interbank foreign exchange, the domestic unit opened at 88.39 an ...Read More >
India CPI Inflation Data: India's consumer price index (CPI) inflation, also known as retail inflation, increased in August 2025 to 2.07% against 1.61% in July 2025, according to the Ministry of Statistics & Programme Implementation (MoSPI) data released Friday evening. The surge in retail inflation was driven by higher vegetable, meat and fish, prices. Food inflation moderated during the month, but record gold prices rally in August impacted the core inflation. Food inflation continued to rema ...Read More >
MUMBAI: Benchmark equity indices Sensex and Nifty closed higher in a volatile session on Wednesday, driven by a rally in metal stocks and optimism related to the GST Council meeting. After oscillating between highs and lows, the 30-share BSE Sensex jumped 409.83 points or 0.51 per cent to settle at 80,567.71. During the day, the benchmark hit a high of 80,671.28 and a low of 80,004.60, gyrating 666.68 points. The 50-share NSE Nifty climbed 135.45 points or 0.55 per cent to 24,715.05. The GST ...Read More >
Gold prices fell ₹250 to ₹1,00,370 per 10 grams in the national capital on Friday amid a weak global trend, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had closed at ₹1,00,620 per 10 grams on Thursday. In the national capital, gold of 99.5 per cent purity slipped ₹150 to ₹1,00,050 per 10 grams (inclusive of all taxes) on Friday. It had settled at ₹1,00,200 per 10 grams in the preceding session. However, silver prices rallied by ₹1,000 ...Read More >
Mumbai, Aug 21 (PTI): Stock markets extended the winning run to the sixth consecutive day on Thursday, with benchmark Sensex closing higher by nearly 143 points on buying in blue-chip shares ICICI Bank and Reliance Industries. The 30-share BSE Sensex climbed 142.87 points or 0.17 per cent to settle at 82,000.71 in a restricted trade. During the day, it rallied 373.33 points or 0.45 per cent to 82,231.17. As many as 14 Sensex shares closed higher, while 16 ended with losses. The 50-share NSE Ni ...Read More >
NEW DELHI: Prioritising rural, urban infrastructure and investing in people, a parliamentary panel on Tuesday called for raising the investment rate of gross domestic product (GDP) to 35 per cent to achieve the ambitious growth target of 8 per cent in the country. It also urged the government to maintain sustainable, growth-oriented energy policies that prioritise affordability and efficiency while balancing climate commitments with economic and social objectives. "The investment rate must incr ...Read More >
MUMBAI: The Indian stock market settled flat on Thursday amid a mixed approach as investors remained cautious ahead of the crucial dialogue between US President Donald Trump and his Russian counterpart Vladimir Putin, scheduled for August 15. Sensex settled at 80, 597.66, up 57 points or 0.07 per cent. The 30-share index started the session slightly up at 80, 625.28 against last session's closing of 80, 539.91, continuing the last day's momentum. The index remained range-bound, touching an intr ...Read More >
NEW DELHI: S&P Global Ratings on Thursday raised India's long-term sovereign credit rating to BBB from BBB-, citing stronger macroeconomic fundamentals, including economic resilience, sustained fiscal consolidation, and a policy environment conducive to controlling inflation. The upgrade moves India one notch higher within the investment-grade category, a shift that could lower borrowing costs and lift investor sentiment. S&P said continued reforms, fiscal discipline, and infrastructure invest ...Read More >
Wholesale inflation in India likely dropped to a near two-year low in July, due to a significant decline in food and fuel prices, according to a Union Bank of India report. New Delhi, Wholesale inflation in India likely dropped to a near two-year low in July, due to a significant decline in food and fuel prices, according to a Union Bank of India report. The Wholesale Price Index (WPI) is estimated to have fallen to -0.45 per cent year-on-year in July, down from -0.13 per cent in June. This is ...Read More >
NEW DELHI: India's wholesale price index (WPI)-based inflation slipped to a 25-month low of -0.58% in July, marking a second straight month in negative territory, provisional data from the Ministry of Commerce showed on Thursday. The reading was well below economists' expectations of a 0.30% decline in a Reuters poll. WPI, a proxy for producers' prices, stood at -0.13% in June, 0.13% in May, 0.85% in April, 2.25% in March, 2.45% in February, and 2.51% in January. The index was pulled down prim ...Read More >
Kolkata, Aug 14 (PTI) Chief Minister Mamata Banerjee on Thursday said India would not have got Independence if Bengal was not there, as personalities like Rabindranath Tagore and Subhas Chandra Bose, who contributed significantly to shaping the nation's destiny, were born here. Speaking at a function marking the 12th anniversary of the 'Kanyashree' scheme, Banerjee said Bengal is the beacon of hope which stands for unity amid diversity. "If Bengal was not there, India would not have got Indepe ...Read More >
New Delhi, Aug 14 (PTI) Wholesale price inflation declined to a 2-year low of (-) 0.58 per cent in July, as deflation in food and fuel kept WPI in the negative zone for the second consecutive month, government data released on Thursday showed. Experts, however, projected WPI inflation to move back into positive territory in August, as base effects fade and seasonal price increases continue. WPI-based inflation was 2.10 per cent in July last year, and (-) 0.13 per cent in June. "Negative rate ...Read More >
New Delhi [India], August 14 (ANI): India's wholesale inflation, measured by the All India Wholesale Price Index (WPI), slipped further into the negative zone in July 2025, standing at (-) 0.58 per cent (provisional) compared to the same month last year, according to the Ministry of Commerce & Industry. This marks a continuation of the deflationary trend, with the decline largely driven by falling prices of food articles, mineral oils, crude petroleum & natural gas, and basic metals. On a month ...Read More >
New Delhi [India], August 14 (ANI): India wholesale inflation, measured by the All India Wholesale Price Index (WPI), slipped further into the negative zone in July 2025, standing at (-) 0.58 per cent (provisional) compared to the same month last year, according to the Ministry of Commerce & Industry. This marks a continuation of the deflationary trend, with the decline largely driven by falling prices of food articles, mineral oils, crude petroleum & natural gas, and basic metals. On a month-t ...Read More >
Chief Minister M K Stalin will launch a scheme on Tuesday to deliver ration items to the doors of over 21 lakh beneficiaries-senior citizens and the differently abled-the Tamil Nadu government said. The "Chief Minister's Thayumanavar Scheme" will be launched by Stalin here, wherein ration items including rice and sugar will be delivered to the intended beneficiaries at their doorsteps, an official release said. Senior citizens of over 70 years and differently abled ration card holders are the ...Read More >
New Delhi: Traffic in central Delhi will be affected on Thursday as the traffic police has issued an advisory due to the Janmashtami and Tazia processions.According to police, the traffic movement in Paharganj is likely to be affected from 1.30pm in view of the shobha yatra for Janmashtami and the Tazia procession.The Janmashtami procession will start from Mandir Shri Banke Bihari Ji in Paharganj's Sangatrasan Bazar and pass through Desh Bandhu Gupta Road, Chuna Mandi, Main Bazar, Munja Chowk an ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.