New Delhi, May 4 (PTI) India has kept out as many as 1,157 products, including TVs, picture tubes, soaps, toys, footwear, instant coffee, sharbat, and petroleum waxes, from the ambit of its free trade agreement with UAE. The pact came into force on May 1. Given the sensitivities of these products for the domestic industry, [...]
Mumbai, May 4 (PTI) The RBI on Wednesday cautioned that while the Indian economy appears capable of weathering the deterioration in geopolitical conditions amid the ongoing Russia-Ukraine war, it faces headwinds from global spillovers from geopolitical tensions, elevated commodity prices and moderating external demand.The RBI, however, did not tinker with the GDP growth projection made [...]
In a move that will raise borrowing costs for corporates and individuals, the RBI on Wednesday after an unscheduled MPC meeting hiked the benchmark lending rate by 40 basis points (bps) to 4.40 per cent to contain inflation that has remained stubbornly above the target of 6 per cent for the last three months. The [...]
New Delhi, May 4 (PTI) Huge outstanding dues worth about Rs 7,918 crore of state-run power generating companies have resulted in less dispatch of coal especially to the states with high dues like Maharashtra, Rajasthan and West Bengal, according to an official note. Several parts of the country are grappling with power outages on account [...]
Copenhagen, May 3 (PTI) India and Denmark on Tuesday agreed to further strengthen the Green Strategic Partnership with a focus on green hydrogen, renewable energy and wastewater management. “During our discussions, we reviewed the joint work plan for the green strategic partnership. I am happy that significant progress has been made in various fields, especially [...]
Kolkata, May 3 (PTI) Economists on Tuesday are not convinced about the latest monthly unemployment data released by the Centre for Monitoring India Economy (CMIE), particularly about the statistics of the rural areas.They asserted that it is difficult to get the real picture of unemployment from the methodology used by the CMIE to get the [...]
9th Indian Material Recycling Conference (IMRC) of Material Recycling Association of India (MRAI), which is one of the foremost events in the recycling industry, is all set to take place at Leela Ambience Convention Hotel, Shahdara, Delhi between May 5-7, 2022. The conference is meticulously planned to focus on various topics and sessions such as [...]
New Delhi, May 3 (PTI) The BSE smallcap and midcap indices have underperformed the benchmark gauge so far this year, falling up to 4 per cent, with experts saying a hawkish US Fed and soaring inflation may lead to more market volatility in the near term. Domestic equity markets have faced many headwinds in recent [...]
Manila, May 3 (PTI) The Philippines Tourism Secretary Bernadette Romulo-Puyat has said the Southeast Asian country, comprising 7,641 islands in the western Pacific Ocean, is now a safe and ideal global tourist destination amid the pandemic.In the nearly two years when international travel was put on hold, the Philippines was busy preparing for the day [...]
Creating employment opportunities for the high-potential talent of Canada to work on global technology projects in the third largest tech hub of North America SUNNYVALE, Calif., TORONTO and MUMBAI, India, May 3, 2022 /PRNewswire/ -- Xoriant, a global product engineering, software development, and technology services company headquartered in Silicon Valley, has launched a technology delivery [...]
