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Guwahati, July 12: Underlining the persistent challenges, including poor price realization, unregulated market intermediaries, and limited policy safeguards, faced by small tea growers, the Confederation of Indian Small Tea Growers Associations (CISTA) has moved the Commerce Minister Piyush Goyal seeking introduction of a price protection scheme. The flawed price sharing formula (PSF) has failed to ensure fair and transparent price realization for small tea gardens (STG), the apex body of small ...Read More >
Mumbai (Maharashtra) [India], July 12 (ANI): India's foreign exchange reserves (forex) witnessed a slip of USD 3.049 billion to USD 699.736 billion for the week ending July 4 amid the uncertain global trade environment, official data released by the Reserve Bank of India showed. In the preceding week, the country's forex reserves registered an uptick of USD 4.8 billion to USD 702.78 billion. Also Read | Bodoland Lottery Result Today, July 12, 2025: Assam State Lottery Sambad Saturday Lucky Dra ...Read More >
Mumbai (Maharashtra) [India], July 12 (ANI): India's foreign exchange reserves (forex) witnessed a slip of USD 3.049 billion to USD 699.736 billion for the week ending July 4 amid the uncertain global trade environment, official data released by the Reserve Bank of India showed. In the preceding week, the country's forex reserves registered an uptick of USD 4.8 billion to USD 702.78 billion. In the week ending July 4, according to the RBI data, the major component of the forex reserves, the fo ...Read More >
Mumbai (Maharashtra) [India], July 12 (ANI): India foreign exchange reserves (forex) witnessed a slip of USD 3.049 billion to USD 699.736 billion for the week ending July 4 amid the uncertain global trade environment, official data released by the Reserve Bank of India showed. In the preceding week, the country forex reserves registered an uptick of USD 4.8 billion to USD 702.78 billion. In the week ending July 4, according to the RBI data, the major component of the forex reserves, the foreig ...Read More >
New Delhi, Jul 11 (PTI) Astronaut Shubhanshu Shukla and the other crew members of the Axiom-4 mission are making the most of their final days on the International Space Station (ISS), pushing forward a wide range of experiments that could shape the future of space exploration. The SpaceX's Crew Dragon spacecraft, carrying the four-astronaut crew, reached the orbital outpost on June 26 and is scheduled to undock from the ISS no earlier than Monday, July 14, at 7:05 am ET (4:35 pm IST), according ...Read More >
New Delhi, July 11 (SocialNews.XYZ) The country's gold reserves grew by $342 million during the week, reaching $84.846 billion, according to the latest weekly data released by Reserve Bank of India (RBI) on Friday. Along with gold, Special Drawing Rights (SDRs) with the International Monetary Fund (IMF) increased by $39 million to $18.868 billion. Additionally, India's reserve position with the IMF also rose by $107 million to $4.735 billion, the data showed. This uptick in reserves comes at ...Read More >
Mumbai, Jul 11 (PTI) India's forex reserves dropped by USD 3.049 billion to USD 699.736 billion in the week ended July 4, the RBI said on Friday. In the previous reporting week, the overall reserves had jumped by USD 4.849 billion to USD 702.784 billion. The reserves had touched an all-time high of USD 704.885 billion in end-September 2024. Also Read | ITR Filing for FY2024-25: ITR-2 and ITR-3 Excel Utilities Released by Income Tax Department, Here Are Key Things To Know for Taxpayers. For th ...Read More >
New Delhi, July 10: Legendary India all-rounder Yuvraj Singh thanked his former teammates, friends, and family members for turning up for a special YouWeCan Foundation charity event in London on Tuesday. The event was graced by several cricketing legends, including Indian icons Sachin Tendulkar and Virat Kohli, Brian Lara, Ravi Shastri, Chris Gayle, and former England stars Kevin Pietersen and Darren Gough, among others. The Indian men's cricket team, led by Shubman Gill and head coach Gautam Ga ...Read More >
New Delhi [India], July 6 (ANI): India's foreign exchange reserves (forex) witnessed an uptick of USD 4.8 billion to USD 702.78 billion for the week ending June 27, after a decline in the previous week, official data released by the Reserve Bank of India showed. In the week ending 20 June, forex stood at USD 697.93 billion, down by USD 1.02 billion from the previous week. Also Read | Bhind Shocker: Porn-Addict Man Kills Wife for Refusing To Record Sex Act; Police Find Obscene Videos and Sex-En ...Read More >
India's Latest Forex Reserves: India's foreign exchange reserves rose sharply by $4.84 billion to $702.78 billion in the week ended June 27, bringing them within striking distance of the all-time-high level of $704.89 billion recorded in end-September 2024, according to the latest data released by the Reserve Bank of India (RBI). This marks a strong rebound from late January levels, when reserves had fallen to a multi-month low of around $624 billion. The gain was led by an increase in foreign ...Read More >
MUMBAI: The nation's foreign exchange reserves have again inched closer to the record peak of over $700 billion it had achieved last September when it has sniffed at $705 billion. For the reporting week of June 27, the Reserve Bank said the reserves increased by USD 4.8 billion to USD 702.78 billion for the week. The central bank attributed the gains to the rise in foreign currency assets as well as the stable rupee which means that the central bank didn't enter the market too heavily to steady ...Read More >
Mumbai: India's foreign exchange reserves once again crossed the $700 billion mark, reaching $702.78 billion for the week ending June 27, according to data released by the Reserve Bank of India (RBI) on Friday. This marks a significant rise of $4.8 billion from the previous week, when reserves stood at $697.93 billion. This is the first time in nine months that India's forex reserves have gone above the $700 billion level. The reserves had last touched an all-time high of $704.88 billion in en ...Read More >
New Delhi [India], July 4 (ANI): Air India on Friday denied allegations of coercing families of victims of the AI-171 accident into signing documents about their financial dependency on the deceased to reduce compensation payouts. In a detailed statement, the airline called the claims 'unsubstantiated and inaccurate.' The controversy surfaced following reports that some of the bereaved families were being compelled to disclose financial ties to their deceased loved ones--allegedly as a prerequ ...Read More >
1. India: New strategy on FX volatility The Indian Respondents' Bank (RBI) is allowing more volatility on the USD/INR exchange rate, prompting many companies to hedge with forward contracts. This is the highest level of coverage since 2020. We thank in advance our Official Broker Partner PEPPERSTONE who supported us in writing this article. FX Impact: Potential weakening of the rupee in the short term, but increased stability in the medium-long term. Volatility on USD/INR, EUR/INR, JPY/INR ...Read More >
New Delhi, Jul 2 (PTI) Tata Steel is confident of completing its transition to green steel manufacturing in the UK and Netherlands as per schedule, the company's Chairman N Chandrasekaran said on Wednesday. He made the remarks while addressing the shareholders at the company's 118th Annual General Meeting (AGM). Also Read | Iran's President Masoud Pezeshkian Approves Law to Suspend Cooperation With IAEA Following Israel, US Strikes. "...we remain confident that the transition to green steel m ...Read More >
Kolkata: Luxmi Group, owner of the iconic Makaibari Tea Estate, has acquired a majority stake in UK-based Brew Tea Co. Brew Tea deals exclusively with orthodox tea and has both an online and offline presence in the UK.Luxmi Group acquired an 80% stake in the company, while the remaining 20% remains with the existing promoters. After Tetley and Typhoo, this acquisition marks another British tea company being acquired by an Indian corporate, though it may not be of the same magnitude.Brew Tea Co w ...Read More >
Kolkata: Luxmi Group, owner of the iconic Makaibari Tea Estate, has acquired a majority stake in UK-based Brew Tea Co. Brew Tea deals exclusively with orthodox tea and has both an online and offline presence in the UK.Luxmi Group acquired an 80% stake in the company, while the remaining 20% remains with the existing promoters. After Tetley and Typhoo, this acquisition marks another British tea company being acquired by an Indian corporate, though it may not be of the same magnitude.Brew Tea Co w ...Read More >
Mumbai (Maharashtra) [India], July 1 (ANI): Indian stock markets opened on a positive note on Tuesday, continuing their upward trend. Both benchmark indices posted early gains, although investor sentiment remains cautious as markets await clarity on major global developments, particularly the Trump administration's proposed tax cuts bill in the US. Also Read | WWE RAW Results and Highlights Today, June 30: The Judgment Day Win World Tag Team Belts, Seth Rollins Gets Attacked By CM Punk and LA ...Read More >
Srinagar- Congress MP Shashi Tharoor on Saturday said foreign countries were told clearly during the post-Operation Sindoor diplomatic outreach that in case of a fresh provocation, India would repeat its action. Speaking at a discussion at the Ahmedabad Management Association, Tharoor said Indian delegations which visited foreign countries in the aftermath of Operation Sindoor managed to convey that India acted with restraint and responsibility. "In other places, we actually were able to get s ...Read More >
Agaratala (Tripura) [India], June 29 (ANI): Tripura Chief Minister Manik Saha on Sunday said that the development of education, health, and communication systems is one of the priority areas of the current government, and there has been a huge improvement in the health system in Tripura. He stated that initiatives have been taken to strengthen the infrastructure in district hospitals to improve health services. So far this year alone, projects worth approximately Rs 674 crore have been inaugura ...Read More >
Agaratala (Tripura) [India], June 29 (ANI): Tripura Chief Minister Manik Saha on Sunday said that the development of education, health, and communication systems is one of the priority areas of the current government, and there has been a huge improvement in the health system in Tripura. He stated that initiatives have been taken to strengthen the infrastructure in district hospitals to improve health services. So far this year alone, projects worth approximately Rs 674 crore have been inaugura ...Read More >
Hyderabad: After a week of speculation around Cristiano Ronaldo's future, Al Nassr signed a two-year contract extension with the footballing superstar. After the official confirmation of the signing was made, the club uploaded a video on their social media handle, posting a teaser video which shows Ronaldo walking along a beachfront and stating "Al Nassr forever". The football star is already 40 years old now and his Saudi Arabia adventure hasn't exactly went according to plan. The club also mi ...Read More >
MUMBAI: India's foreign exchange reserves (forex) declined by USD 1.02 billion this week after extending gains in the previous week stabilising at USD 697.93 billion, official data released by the Reserve Bank of India showed. The Forex extended their gains, jumping USD 2.294 billion to USD 698.950 billion in the week ending June 13. As on June 20, the data shows that the foreign currency assets declined USD 0.36 billion to USD 589.07 billion. Gold reserves were down by USD 5.73 million to stan ...Read More >
Mumbai (Maharashtra) [India], June 29 (ANI): India's foreign exchange reserves (forex) declined by USD 1.02 billion this week after extending gains in the previous week stabilising at USD 697.93 billion, official data released by the Reserve Bank of India showed. The Forex extended their gains, jumping USD 2.294 billion to USD 698.950 billion in the week ending June 13. Also Read | FIFA Club World Cup 2025 Live Streaming in India, Paris Saint-Germain vs Inter Miami: Where To Watch CWC Round of ...Read More >
Srinagar: Ahead of the annual Amaranth Yatra, Lieutenant Governor Manoj Sinha interacted with various stakeholders here on Saturday to discuss arrangements for the smooth pilgrimage. Chief Minister Omar Abdullah was present at the interaction at the Sher-i-Kashmir International Conference Centre (SKICC) here in which members of the civil society, religious leaders, DDC chairpersons, members of business and trade associations, and MLAs also participated. The LG said the administration has made ...Read More >
Thane: A special court in Thane sentenced a 33-year-old man to 10 years' rigorous imprisonment for raping a 15-year-old girl in August 2019. Special judge Ruby U Malvankar noted the "serious and heinous" nature of the crime while balancing punishment with the convict's age for proportionate justice.The court also imposed a fine of Rs 50,000 on the convict, Ajaj @ Ejaj Imran Ismail Khan, who was found guilty under sections 376 (rape) and 377 (unnatural offences) of the Indian Penal Code. The cour ...Read More >
New Delhi: Wimbledon, one of the most prestigious tennis tournaments in the world, is going to start from June 30. The tournament will be held at the All England Lawn Tennis and Croquet Club, where the world's leading tennis players will compete to win the Grand Slam title on grass courts. According to Sports Illustrated, Wimbledon is the only Grand Slam that is played on grass courts. Players like Coco Gauff, Novak Djokovic, Yannick Sinner, Carlos Alcaraz and Barbora Krejcikova will participate ...Read More >
Mumbai, Jun 27 (PTI) India's forex reserves dropped by USD 1.01 billion to USD 697.93 billion for the week ended June 20, the Reserve Bank of India said on Friday. In the previous reporting week, the reserves had jumped by USD 2.29 billion to USD 698.95 billion. Forex reserves had touched an all-time high of USD 704.885 billion in September 2024. Also Read | Ahmedabad Plane Crash Probe: Parliamentary Committee To Grill Boeing and Air India Executives, DGCA Officials; Sources Say 'Multiple Shor ...Read More >
Mumbai, Jun 27 (PTI) India's forex reserves dropped by USD 1.01 billion to USD 697.93 billion for the week ended June 20, the Reserve Bank of India said on Friday. In the previous reporting week, the reserves had jumped by USD 2.29 billion to USD 698.95 billion. Forex reserves had touched an all-time high of USD 704.885 billion in September 2024. For the week ended June 20, foreign currency assets, a major component of the reserves, dropped by USD 357 million to USD 589.06 billion, the data re ...Read More >
New Delhi, Jun 8 (PTI) Homegrown Tata Steel is expecting to start the construction of its low-carbon EAF-based steel making project in the UK from July 2025 and commence operations by 2027, top company officials said. The company has received necessary approvals for its USD 1.5 billion project at Port Talbot, Tata Steel CEO & MD T V Narendran, and ED & CFO Koushik Chatterjee said in the company's annual report for FY2024-25. "We are now transitioning to decarbonised and state-of-the-art EAF-ba ...Read More >
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