Indian Railways to run record 2,742 more trains to clear summer travel rush
New Delhi, April 19 - Indian Railways will operate a record-breaking 9,111 trips across the country to cater to the anticipated surge in travel during the summer season, the Ministry of Railways said on Friday.
Oil prices surge in global market amid escalating Iran-Israel tensions
New Delhi, April 19 - Oil prices surged by $3 a barrel in the international market on Friday amid reports of Israel launching a missile attack against Iran raising fears of escalating geopolitical tensions that could disrupt crude shipments.
Paytm accelerates user migration to PSP Banks with NPCI approval
New Delhi, April 17 - One 97 Communications Limited (OCL) which owns the brand Paytm, India’s leading payments and financial services company and the pioneer of QR, soundbox and mobile payments, received go ahead, on Tuesday from the National Payment Corporation of India
India to add 13,000 km of new highways in 2024-25: ICRA report
New Delhi, April 16 - India is expected to maintain its rapid pace of road construction with the addition of up to 13,000 kilometres in the financial year 2024-25, an increase of 5 to 8 per cent over the previous year, according to
IMF increases India’s growth projection to 6.8 pc for 2024
Washington, April 16 - The International Monetary Fund (IMF) has pegged India's growth projection to 6.8 pc this year, an increase of 0.3 pc over its January 2024 update.
Paytm clarifies licensing process status amid speculations, says govt champions fintech
New Delhi, April 16 - Fintech major Paytm on Tuesday clarified the status of its licensing process amid recent speculations, saying it has not received any communication suggesting a deferral or penalties and any notion to the contrary is “completely unfounded and misleading”.
UNCTAD forecasts India’s GDP growth at 6.5 pc in 2024
New Delhi, April 16 - The latest UN Conference on Trade and Development (UNCTAD) report released on Tuesday forecasts global economic growth at 2.6 per cent in 2024 barely above the 2.5 per cent threshold commonly associated with a recessionary phase.
Gold prices firm up amid rising Iran-Israel tensions
New Delhi, April 16 - Gold prices recorded an increase on the Multi Commodity Exchange (MCX) on Tuesday as escalating tensions between Iran and Israel have driven up the demand for the safe-haven asset.
Sensex down more than 300 points as geopolitical concerns weigh
Mumbai, April 16 - BSE Sensex is down by more than 300 points on Tuesday as geopolitical factors continue to weigh on the markets.
India’s merchandise trade deficit dips to 11-month low of $15.6 billion in March
New Delhi, April 15 - India's merchandise trade deficit narrowed to an 11-month low of $15.6 billion in March compared to $18.71 billion in February as there was a significant decline in imports during the month, figures released by the Commerce Ministry on
Ola Electric cuts prices of S1 X range of e-scooters, to start from Rs 69,999
New Delhi, April 15 - Bhavish Aggarwal-led Ola Electric on Monday announced new prices for its S1 X range of e-scooters along with the delivery details.
NFRA finds Reliance Capital joint auditor guilty of Rs 12,571 crore fudge in 2018-19
New Delhi, April 15 - National Financial Reporting Authority (NFRA) has held the joint auditor of Reliance Capital guilty of professional misconduct for deliberately overlooking the Price Waterhouse (PW) report of suspected fraud regarding loans and investments amounting to approximately Rs 12,571 crore
Rising global risks could delay RBI rate cuts, say analysts
New Delhi, April 15 - Rising global risks, including the rise in crude oil prices, may delay RBI’s rate cuts, analysts said.
Gold price rises amid escalating Middle East tensions
New Delhi, April 15 - Gold price rose on the Multi Commodity Exchange (MCX) on Monday tracking the global market for the precious metal which firmed up amid the worsening geopolitical crisis in the Middle East region following Iran’s drone and missile attack
Liquidity from global equity markets fuelling fresh investment in gold
New Delhi, April 14 - The risk on trade in global markets is witnessing a huge rally in equities as well as gold.
Centre directs gas-based power plants to start ops amid rising summer demand
New Delhi, April 13 - In order to help meet the high electricity demand in the country during the summer season, the government has decided to operationalise gas-based power plants, the Ministry of Power said on Saturday.
India’s CPI inflation eases to 9-month low of 4.85 pc in March
New Delhi, April 12 - India’s consumer price inflation eased to a 9-month low of 4.85 per cent in March bringing relief to household budgets, figures released by the Ministry of Statistics on Friday showed.
TCS posts 9 pc jump in Q4 net profit at Rs 12,434 crore, declares dividend of Rs 28 per share
Mumbai, April 12 - Leading IT software exporter Tata Consultancy Services (TCS) on Friday reported a 9 per cent increase in net profit at Rs 12,434 crore for the Jan-March quarter of 2023-24 up from Rs 11,392 crore in the same period of
Sensex plunges 793 points amid worries over delayed US rate cuts
Mumbai, April 12 - The BSE Sensex plunged almost 800 points on Friday amid heavy selling in frontline stocks.
World’s fastest charging electric 3-wheeler arrives in India
New Delhi, April 12 - In a push towards the electric mobility dream, India on Friday saw the launch of a passenger electric three-wheeler that is touted as the world’s fastest-charging EV within 15 minutes.