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Economy
Equity indices extend losses, Sensex down over 800 pts
New Delhi: India's key indices -- S&P BSE Sensex and NSE Nifty50 -- extended their losses and fell sharply in the opening session on Friday amid skyrocketing crude oil prices.
At 10.09 a.m., Sensex was 1.5 per cent or 818 points down!-->…
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CAIT raises issues faced by small businesses, seeks meeting with PM
New Delhi : The Confederation of All India Traders (CAIT) has expressed "regret" while saying "no authorities have paid any attention towards upliftment of small businesses in the country".
"Critical issues like complications of GST,!-->…
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State govt no power to levy excise duty on wastage of liquor: SC
New Delhi : The Supreme Court on Thursday said the state government was only empowered to levy excise duty on alcoholic liquor for human consumption, and it has no power to levy excise on wastage of liquor after distillation.
A bench of!-->…
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‘2G spectrum allocation arbitrary’: SC junks Loop Telecom plea for licence fee refund
New Delhi : The Supreme Court on Thursday said the allocation of the 2G spectrum was found to be arbitrary and constitutionally infirm, as it junked Loop Telecom plea seeking refund of Rs 1,454.94 crore paid for 2G licence.
A bench of!-->…
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Shot in the arm for wheat traders as domestic prices hit lifetime high
New Delhi : Riding on a possible supply disruption of foodgrains - especially wheat -- due to the ongoing war in Ukraine, wheat's prices have hit a record high in India.
Both Russia and Ukraine are major producers of wheat.
In the key!-->…
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India TV market soars to record high in 2021, Smart TVs leads
New Delhi : The post-pandemic economic recovery, faster upgrades in the entry tier and pent-up demand aided by festive sales helped India's TV shipments grew at highest-ever 24 per cent (on-year) last year, a new report showed on!-->…
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Shot in the arm for wheat traders as domestic prices hit lifetime high
New Delhi : Riding on a possible supply disruption of foodgrains - especially wheat -- due to the ongoing war in Ukraine, wheat's prices have hit a record high in India.
Both Russia and Ukraine are major producers of wheat.
In the key!-->…
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Ukrainian crisis pushes crude price to a 10-yr-high at $117
New Delhi : Continuing hostilities between Russia and Ukraine pushed crude oil to a 10-year high on Thursday.
The Russia-Ukraine crisis-led global hike in crude oil prices is expected to push India's domestic prices of petrol and diesel!-->…
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Russia’s credit ratings downgraded to ‘junk’ by Moody’s and Fitch
New Delhi : Russias credit ratings have been downgraded deep into the 'junk' territory by Moodys Investors Service and Fitch Ratings, with the duo highlighting the economic toll inflicted by wide-ranging sanctions and rising doubts about!-->…
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10-year High: Ukraine crisis pushes crude price close to $120 a barrel
New Delhi: Continuing hostilities between Russia and Ukraine pushed crude oil price to a 10-year high of $119.84 per barrel on Thursday.
The global hike in crude oil prices led by the Russia-Ukraine crisis is expected to push India's!-->…
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