New Delhi: The price of 24-carat gold (10 grams) surged by Rs 4,694 over the week, supported by safe haven buying and decline in dollar, but fell from weekly high…
Category: Economy
China Faces Sharp Slowdown As Investment And Consumption Decline
New Delhi: China’s economic momentum cooled sharply at the beginning of the fourth quarter, hit hard by a steep drop in investment and weaker industrial output, according to Bloomberg. Data…
India’s Rapid Economic Growth Is Linked To Strong Trade Growth, Says WTO DG
New Delhi: Ngozi Okonjo-Iweala, the Director-General of the World Trade Organisation (WTO), said that India’s rapid economic growth is closely tied to its ability to foster strong trade growth. …
India Scraps QCOs Across Textiles, Plastics & Metals; GTRI Urges Vigil On Import Surges
New Delhi: India’s decision to withdraw Quality Control Orders (QCOs) on a wide range of raw materials across textiles, plastics and mining has brought major relief to industry, but Global…
Fresh Trouble For RIL: Reliance Faces $1.55 Billion Demand Over Alleged ONGC Gas “Theft”
New Delhi: Reliance Industries (RIL) has once again come under the legal radar after the Indian government raised a demand of USD 1.55 billion over accusations of stealing natural gas from…
Will DA Hike Be Withdrawn For Retired Employees? Check What Govt Has Said
Mumbai: The government has dismissed a viral social media message that claimed retired government employees would stop receiving dearness allowance (DA) hikes and future pay commission benefits under the Finance…
Reliance Faces $2.81 Billion Demand Over Alleged $1.55 Billion ONGC Gas “Theft”
New Delhi: Reliance Industries (RIL) has once again come under the legal radar after the Indian government raised a demand of USD 2.81 billion over accusations of stealing natural gas…
Anil Ambani Offers To Appear Virtually Before ED In 15-Year-Old FEMA Case
New Delhi: Anil Ambani offers to appear Virtually before ED in a 15-Year-Old FEMA Case. Reliance Group chairman Anil Ambani has agreed to cooperate with the Enforcement Directorate (ED) and…
Nifty, Sensex Under Pressure In Opening Trade As Bihar Vote Counting Keeps Investors Cautious
New Delhi: India’s benchmark equity indices opened in the red on Friday as investors stayed cautious amid the ongoing counting of votes for the politically crucial Bihar Assembly elections. …
SEBI Proposes Fix For Pre-IPO Pledged Shares, Plans Simpler IPO Disclosure Format
New Delhi: The Securities and Exchange Board of India (SEBI), on Thursday, proposed key reforms to address long-standing challenges around locking in pre-IPO pledged shares and simplifying public issue disclosures. …