Downward pressure on inflation must be maintained until a better balance of risks becomes evident, MPC minutes cite RBI’s Patra as having observed in the latest policy meeting
Archer is working with India's aviation watchdog to get the "appropriate regulatory approvals" before it can begin trials in the country
In this episode, Randheer Singh gives us an overview of India’s EV policy, the agenda behind Musk’s visit to Delhi, and whether the Indian market is ready for Tesla’s entry.
https://www.thehindu.com/podcast/teslas-entry-in-the-indian-ev-market/article68083620.ece
The 30-share BSE Sensex climbed 599.34 points or 0.83% to settle at 73,088.33. The NSE Nifty jumped 151.15 points or 0.69% to close at 22,147.
The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.08% lower at 106.06
Forex traders said the strength of the American currency in the overseas market also dented investor sentiments.
https://www.thehindu.com/business/markets/rupee-opening-value/article68082759.ece
Fresh foreign fund outflows, uptick in Brent crude oil prices and decline in IT stocks also added to the overall weak sentiment in equities.
How capitalist economies can reform and be serious about tackling climate change
There was a direct relationship between global price of crude oil and the international price of gold (positive correlation) and an inverse relationship between the external value of the U.S. dol...
Given uncertain demand conditions across key customer markets, Infosys projects revenue to grow by 1%-3% in constant currency terms in the current fiscal year
https://www.thehindu.com/business/infosys-softens-view-as-growth-slows/article68080823.ece
In value terms, imports in the year jumped 93% to $3.75 billion
What is private Gross Fixed Capital Formation? When did private investments pick up in India? Will strong consumption spending increase private sector confidence? How do government policies affec...
The exchange will offer three serial monthly index futures and index options contract cycles
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If India wants to benefit from population being added to the labour force, it has to prioritise substantially higher spending on both education and health, says Krishna Srinivasan, who directs th...
The introduction of NCMC Recharge as a biller category will enable customers to recharge/top-up their cards online, avoiding long queues and ensuring a hassle-free experience
In the international markets, spot gold at Comex was trading at $2,375 per ounce, down by $13 from the previous close.
The NSE Nifty declined 152.05 points or 0.69% to 21,995.85.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.07% lower at 105.87
Sri Lanka said it failed to reach an agreement with bondholders to restructure about $12 billion debt earlier this week, raising concerns there could be a delay in the island nation receiving a t...
Natco Pharma faces complaint from Fresenius over marketing of Diazepam injection prefilled syringe in the U.S.
Bookings can be made on the airline’s mobile app and website for travel to the airport nearest to the respective constituency of the voter, between April 18 and June 1.
At the interbank foreign exchange market, the local unit opened at 83.51 against the greenback. It later touched 83.49 in initial trade, registering a rise of 12 paise from its previous close
While the Sensex climbed 310 points, the NSE Nifty went up by 122 in early trade.
https://www.thehindu.com/business/markets/sensex-updates-on-aprl-18-2024/article68078528.ece
The State has recorded holistic development with its economic might translating to better educational and health-related outcomes
Countries least responsible for climate change and having minimum resources to adapt to impacts are expected to suffer the most
The ministry has projected a peak power demand of 260 GW during the summer season (April to June) in view of longer heat wave duration
The report also noted the increasing focus by multinationals on India as a manufacturing base as they diversify their supply chains, a reference to China
The two sources said Mr. Musk will likely give an investment figure for India without sharing details such as a timeline or an Indian state where the plant will be built
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https://www.thehindu.com/business/phf-leasing-raises-10-million/article68076386.ece
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https://www.thehindu.com/business/adanis-raise-stake-in-ambuja-cement-to-703/article68076193.ece
Value of new investment projects dipped 5% to ₹35.22 lakh crore, with fresh manufacturing outlays down 40%
In all, its holding in Ambuja Cement has increased from 63.2% to 70.3%.
India imported 232.5 million tonnes of crude oil; import dependence on crude oil increased to 87.7% in 2023-24
The Thiruvananthapuram International Airport Ltd. (TIAL) said the flight services would be suspended from 4 p.m. to 9 p.m. on April 21
Congress is moving away from its own legacy, Milind Deora said.
Former RBI governor Raghuram Rajan was critical of India spending billions of dollars on chip manufacturing
What are Sovereign Green Bonds? How will investments by Foreign Institutional Investors in green government securities accelerate India’s transition to a green economy?
Trading will resume on Thursday, April 18
ZEEL said the steps taken by it to withdraw the implementation application from NCLT are based on the legal advice received by the board
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https://www.thehindu.com/business/remsons-bags-30-crore-order-from-tata-motors/article68072815.ece
World economy is ‘remarkably resilient ‘ but challenges remain, multilateral lender says in its ‘World Economic Outlook April 2024’
An above normal monsoon, as projected by the IMD, can lift farm GVA growth from 0.7% in 2023-24 and also help rein in runaway food inflation, say economists at BoB, Crisil
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https://www.thehindu.com/business/84-sugar-mills-in-operation-in-current-season/article68072135.ece
Insurance firms must leverage technological advancements to offer tailored solutions and enhance transparency to address the evolving demands of their clientele effectively
Forex traders said a weak appetite for riskier assets and recent foreign capital outflows also dragged down the local unit
Outflow of foreign fund also dented investors' sentiment
BIAL, the operator of the airport, said a total of 37.53 million passengers traversed through KIA. Besides 439,524 metric tonnes (MT) of cargo passed through the airport
External Affairs Minister cites increase in import costs, shipping costs, insurance costs and energy costs
Forex traders said a negative trend in domestic equities and sustained foreign fund outflows also dented investor sentiments.
Global oil benchmark Brent crude climbed 0.58% to $90.62 a barrel
The new approach to intellectual property and investment through FTAs accepts an IP maximalist agenda of the United States Trade Representative; it threatens to upset the fine balance between pub...
India’s hospitality sector will perform better than the rest of the world over the next seven years, says MD, Hyatt India
Currently, there are curbs on export of sugar for an indefinite period
This order encompasses 32 train sets, each comprising 16 coaches and RKFL will be producing a total of 1,024 bogie frames, it said
The total cement capacity of Adani Group stands at 78.9 MTPA, the company said
Tesla, which saw its global vehicle deliveries decline in the first quarter for the first time in nearly four years, is stepping up efforts to expand into new markets
The goods trade deficit contracted to $15.6 billion in March, the lowest in 11 months.
Key indices had plunged by over 1% in the previous session on Friday due to profit taking by investors at record high levels
Global spikes in oil and commodity prices, and heat waves in India could elevate inflation pace in this quarter
Supply chain disruption is certain though hope is being maintained that both Iran and Israel will not blow up the situation
The edtech major will also consolidate its business into three focused divisions - the learning App, online classes and tuition centres, and test-prep
This downward trend was attributed to selling across various sectors amidst weak global cues
Commenting on the drop in overseas shipments last fiscal, SIAM President Vinod Aggarwal said the situation remains volatile in various overseas markets.
The advisory said that all e-commerce companies or portals are advised to remove drinks and beverages, including Bournvita, from the category of health drinks from their platforms or sites.
Why was there deep unrest among pilots? Will it affect your travel plans this month?