India’s crude oil imports during June 2024 declined to a four-month low of 18.5 million tonnes (mt), after the world’s third largest importer procured record […]
Category: Business
India’s monsoon 9% above normal in early July, boosted by 39% surplus in first week
The rainfall in the first half of July, the wettest month of the June-September monsoon season, was 9 per cent above normal against 39 per […]
Wet cocoa beans fetch ₹100 more a kg this monsoon
Despite declining yield in wet cocoa beans, growers are getting at least ₹100 more per kg this year. The Central Arecanut and Cocoa Marketing and […]
SEBI warns Paytm over payments bank deals; shares drop 1%
One 97 Communications (OCL), which owns brand Paytm, has received an administrative warning letter from capital market regulator SEBI. The warning is over lack of […]
Indian spinning mills turn cautious in buying cotton as season end nears
Spinning mills have turned chary in purchasing cotton as the current season is set to end in two-and-half months and are keen to avoid any […]
Muharram bank holiday: Banks to remain closed on this date; check out city-wise full list of holidays in 2024
Muharram bank holiday, Bank Holiday in July 2024: Banks in several states will be closed on Wednesday, July 17, 2024, in observance of Muharram. It […]
Barclays predicts RBI rate hold until December; potential cut expected in this year’s final month
With Consumer Price Index (CPI)-based inflation back at over 5 per cent to touch 5.1 per cent in June 2024, Barclays Research expects Reserve Bank […]
India’s goods exports post 2.6% rise to $35.3 billion in June
India’s goods exports inched upwards in June growing 2.6 per cent (year-on-year) to $35.3 billion fuelled by sectors such as engineering goods, electronics, chemicals, and […]
‘Rajaram – DCM Shriram Scholarship’ launched at DialogueNEXT conference
The International Maize and Wheat Improvement Center (CIMMYT) unveiled the bust of Dr Sanjaya Rajaram — one of world’s most influential wheat breeders and World […]
Heat waves push gas-based power plants capacity to a five-year high in May
Running under a government mandate, the plant load factor (PLF), or capacity utilisation, of gas-based power plants hit a record 28.7 per cent in May […]