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uscentralbankannouncesitsbiggestinterestrateriseinnearly30yearstoreininrisinginflation

US central bank announces its biggest interest rate rise in nearly 30 years to rein in rising inflation

US central bank has announced its biggest interest rate rise in nearly 30 years to rein in surging inflation. The Federal Reserve said it would increa...

indiasoverallexportsinmaysurged24%

India's overall exports in May surged 24%

India’s overall exports in May this year are estimated to be over 62 billion dollars, exhibiting a positive growth of over 24 percent over the same pe...

cabinetapprovesauctionof5gspectrum

Cabinet approves auction of 5G Spectrum

New Delhi: The Union Cabinet on Wednesday approved the Telecom department’s proposal to conduct a spectrum auction through which spectrum will be assi...

anandmahindraandvenusrinivasanappointedtorbiboard

Anand Mahindra and Venu Srinivasan appointed to RBI Board

The Central Government has nominated Chairman of Mahindra group Anand Gopal Mahindra, TVS Motor’s Chairman Venu Srinivasan, Zydus Lifescience’s Chairm...

wholesalepriceinflationsurgedtonewhighof159%inmay

Wholesale price inflation surged to new high of 15.9% in May

Inflation in India’s wholesale prices hit a fresh record high of 15.88% in May, escalating from 15.08% in April, as per official data released on Tues...

rupee2paisehigheragainstusdollarinearlytrade

Rupee 2 paise higher against US dollar in early trade

Mumbai: The rupee rebounded from its all-time low level and inched higher by 2 paise to 78.02 against the US dollar in opening trade on Tuesday.At the...

sensextumbles375pointsinearlytrade

Sensex tumbles 375 points in early trade

Mumbai: Equity benchmarks fell for the third day running on Tuesday, with the Sensex tumbling 375 points in early trade, tracking weak global markets ...

piyushgoyalcallsforpermanentsolutionsforfoodsecurityatwtoministerialmeetingingeneva

Piyush Goyal calls for permanent solutions for food security at WTO ministerial meeting in Geneva

Commerce and industry Minister Piyush Goyal has pressed India’s case for countries to be allowed to restrict foodgrain exports to the World Food Progr...

retailinflationbasedonconsumerpriceindexeasesto704inmay

Retail inflation based on Consumer Price Index eases to 7.04 in May

Retail inflation based on Consumer Price Index eased to 7.04 per cent in May from 7.79 per cent in April this year. As per the Ministry of Statistics ...

srilankatointroduceguaranteedweeklyfuelquotaforconsumers

Sri Lanka to introduce guaranteed weekly fuel quota for consumers

Colombo: The Sri Lankan government plans to introduce a fuel rationing scheme from next month, under which registered consumers at filling stations wo...

fmnirmalasitharamantodedicatenationalmuseumofcustomsgsttonation

FM Nirmala Sitharaman to dedicate National Museum of Customs & GST to nation

The Azadi Ka Amrit Mahotsav Iconic Week of Ministry of Finance will come to an end today. Finance Minister Nirmala Sitharaman will be gracing the Clos...

coalministryfinalizesactionplandocumentfor202223

Coal Ministry finalizes Action Plan Document for 2022-23

Coal Ministry has finalized Action Plan Document for the year 2022-23. The Action Plan broadly focuses on 15 crucial areas including Grey Hydrogen, En...

europeancentralbanktoincreaseinterestratesforfirsttimeinmorethan11yearsinjuly

European Central Bank to increase interest rates for first time in more than 11 years in July

The European Central Bank (ECB) has said that it intends to raise interest rates for the first time in more than 11 years next month. ECB President Ch...

rupeedown8paiseagainstusdollarinearlytrade

Rupee down 8 paise against US dollar in early trade

Mumbai: The rupee depreciated 8 paise to a record low of 77.82 against the US dollar in opening trade on Friday, tracking the strength of the greenbac...

sensextumblesnearly600pointsinearlytrade

Sensex tumbles nearly 600 points in early trade

Mumbai: Equity benchmark Sensex declined nearly 600 points in early trade on Friday, following weakness in IT, banking and finance stocks amid sluggis...

rupeeslips10paiseagainstusdollarinearlytradetoday

Rupee slips 10 paise against US dollar in early trade today

Mumbai: The rupee slipped 10 paise to 77.78 against the US dollar in early trade on Thursday, as elevated crude oil prices and persistent foreign capi...

sensexfallsover270pointsinearlytrade

Sensex falls over 270 points in early trade

Mumbai: Equity benchmark Sensex fell over 277 points in opening trade on Thursday, tracking losses in index majors Asian Paints, TCS and HCL Tech amid...

americanairlinesindigolaunchcodeshareagreement

American Airlines, IndiGo launch codeshare agreement

New Delhi: American Airlines and IndiGo have launched a codeshare agreement that allows the former to sell seats on the latter's flights operating on ...

cabinetapprovesincreaseinmspforvariouskharifcrops

Cabinet approves increase in MSP for various Kharif crops

The Cabinet Committee on Economic Affairs, CCEA yesterday approved increase in Minimum Support Price for all intended Kharif crops for Marketing Seaso...

indiasavesoverrs41000crinforeignexchangebyusing10%ethanolblendedpetrol:ashwinikumarchoubey

India saves over Rs 41,000 cr in foreign exchange by using 10% ethanol-blended petrol: Ashwini Kumar Choubey

Minister of State for Environment, Forests and Climate Change Ashwini Kumar Choubey has said that use of 10 percent ethanol-blended petrol has led to ...

marketsrecoverafterinitialdeclinepostrbipolicy

Markets recover after initial decline post RBI policy

Mumbai: Benchmark indices pared early losses, with the Sensex jumping 317 points in morning trade on Wednesday, after the RBI retained its growth proj...

sensextumbles205pointsasrbiincreasespolicyreporate

Sensex tumbles 205 points as RBI increases policy repo rate

Mumbai: Indian stock market’s benchmark Sensex opened 205 points down on Wednesday as the Reserve Bank of India (RBI) increased the policy repo rate b...

rupeegains9paiseagainstusdollar

Rupee gains 9 paise against US dollar

Mumbai: The rupee strengthened by 9 paise to 77.69 against the US dollar in opening trade on Wednesday, ahead of the Reserve Bank of India’s monetary ...

ibmendsallrussianoperationslaysoffstaff

IBM ends all Russian operations, lays off staff

Moscow: Following a freeze on activities in Russia earlier this year, IBM CEO Arvind Krishna has informed employees that the company is ending all ope...

euagreesoncommonchargerformobiledevicesby2024

EU agrees on common charger for mobile devices by 2024

Brussels: Chargers will be harmonized for small and medium-sized portable electronic devices by 2024 in the European Union (EU), negotiators of the Eu...

rbiretainsgrowthprojectionat72pcforfy23

RBI retains growth projection at 7.2 pc for FY23

Mumbai: The Reserve Bank of India on Wednesday retained its growth projection at 7.2 per cent for the current fiscal on the back of improvement in urb...

rbiallowscreditcardstobelinkedwithupiplatform

RBI allows credit cards to be linked with UPI platform

Mumbai: The Reserve Bank on Wednesday allowed credit cards to be linked with the unified payments interface (UPI), which will enable more people to ma...

rbihikesinterestrateby50bpstotameinflation

RBI hikes interest rate by 50 bps to tame inflation

Mumbai: Reserve Bank of India (RBI) on Wednesday raised the interest rate by 50 basis points to a two-year high of 4.9 per cent as it doubled down to ...

fmnirmalasitharamantolaunchiconicdaycelebrationsofdepartmentofeconomicaffairstoday

FM Nirmala Sitharaman to launch Iconic Day celebrations of Department of Economic Affairs today

Finance and Corporate Affairs Minister Nirmala Sitharaman will launch the Iconic Day celebrations of the Department of Economic Affairs at Vigyan Bhaw...

worldbankslashesglobaleconomicgrowthforecastfor2022

World Bank slashes global economic growth forecast for 2022

World Bank yesterday slashed the global economic growth forecast for 2022 due to the Russia-Ukraine conflict, supply chain disruption and other factor...

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