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Economy
Snapping 3-day gains, domestic indices settle low
New Delhi: Snapping their three consecutive session gaining streak, Indian equity benchmark indices settled lower on Tuesday ahead of the release of India's gross domestic product (GDP) numbers for the fourth quarter of fiscal FY22.!-->…
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India aims to cut power output from 81 coal plants, replace green energy
New Delhi: India plans to reduce power generation from 81 thermal coal-fired plants over the next four years, as part of its efforts to switch to clean energy sources and cut carbon emissions, according to a letter seen by S&P Global!-->…
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Centre orders strict compliance, physical verification of wheat export registration process
New Delhi: The Directorate General of Foreign Trade has directed all regional authorities to physically verify all documents of applicants for export of wheat before issuing registration certificates (RCs).
The order has been issued to!-->…
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Over 75% of Bitcoin miners’ earnings going into soaring electricity costs
New Delhi: Bitcoin miners are spending more than 75 per cent of their earnings in soaring electricity costs, resulting in a significant carbon footprint which is damaging to our environment, a new report revealed on Tuesday.
Bitcoin!-->…
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Essar Ports Vizag terminal poised for strong FY23
Mumbai: Essar Vizag Terminal Limited (EVTL) operating India's largest Ore Handling Complex in Visakhapatnam Port has recorded 1.3 MMT of cargo handling for April 2022, i.e., a run rate in excess of 14 MMT for FY22- 23 suggesting a growth!-->…
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Indices decline in opening session, Q4 GDP numbers in focus
New Delhi: Indian equity benchmark indices were lower in opening deals on Tuesday ahead of the release of India's gross domestic product (GDP) numbers for the fourth quarter of fiscal FY22.
Investors await GDP figures to gauge fresh!-->…
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Samsung likely to close LCD panel manufacturing soon
Seoul: South Korean tech giant Samsung is reportedly planning to close down its last liquid-crystal displays (LCD) production lines.
The decision to close the LCD business, by Samsung Display, will be completed by June of 2022 as the!-->…
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Public issue application to be processed only after monies are blocked in investor’s bank…
New Delhi- The ASBA applications in public Issues shall be processed only after the application monies are blocked in the investor's bank accounts, markets regulator announced on Monday.
Accordingly, all intermediaries and market!-->…
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No restaurant can charge 18% tax on products, says complaint
Shimla- No restaurant can charge 18 per cent tax on products, a complaint by Chandigarh-based advocate Ajay Jagga said on Monday.
He said some of the eateries in Himachal Pradesh were charging 18 per cent GST on products.
Jagga, in a!-->…
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LIC Q4 net profits down 17% YoY, announces Rs 1.5 dividend for FY22
New Delhi : State-run insurance major Life Insurance Corporation of India (LIC) reported a consolidated net profit of Rs 2,409 crore during Q4FY22, down 17 per cent year on year from the same quarter of previous fiscal.
The insurance!-->…
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