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Economy

June 24, 2024 11:03 AM

Asia shares slip as inflation, politics call for caution

Asia shares slipped on Monday in a countdown for U.S. price data that investors are banking on to show a renewed moderation in inflation, while markets were on alert for possible Japanese intervention as the dollar tested the 160 yen barrier. Geopol...

June 24, 2024 10:39 AM

BIS introduced new safety standards for EVs in India

The Bureau of Indian Standards (BIS) introduced two new guidelines aimed at enhancing the safety of electric vehicles in the L, M, and N categories. L refers to two-wheelers, while the M and N categories correspond to four-wheelers and goods truck...

June 24, 2024 10:33 AM

Stock markets begin week on a cautious note with key indices slipping into red

The stock market began the week on a subdued note as key indices opened lower on Monday. The BSE Sensex fell by 346.25 points, opening at 76,863.65, reflecting a 0.45 per cent decline. Meanwhile, the NSE Nifty 50 dropped by 99.75 points to 23,401.35,...

June 23, 2024 1:55 PM

GST exemption granted to platform tickets and essential railway services

Finance Minister Nirmala Sitharaman announced that the next meeting of the Goods and Services Tax (GST) Council is tentatively scheduled for mid to late August. GST Council proposes exemption for specific services offered by Indian Railways to th...

June 22, 2024 9:34 PM

FM Sitharaman chairs pre-budget meeting with finance ministers of states, UTs; GST Council to meet later today

Union Finance Minister Nirmala Sitharaman on Saturday morning chaired a pre-budget meeting with Finance Ministers of all States and Union Territories. The Pre-Budget Meeting is organized by the Ministry of Finance and Corporate Affairs with Finance M...

June 21, 2024 5:37 PM

Sensex, Nifty end lower on profit booking

Indian benchmark indices experienced high volatility as investors booked profits on the last trading session of the week. Both Nifty and Sensex closed with marginal declines. The Nifty 50 index, which touched a new high early in the session, closed ...

June 21, 2024 3:04 PM

China threatens death penalty for ‘diehard’ Taiwan separatists

China on Friday threatened to impose the death penalty in extreme cases for "diehard" Taiwan independence separatists, a ratcheting up of pressure even though Chinese courts have no jurisdiction on the democratically governed island. China, which vi...

June 21, 2024 11:12 AM

Nifty hits new record high, Sensex gains 200 points

Indian benchmark indices witnessed significant gains on Friday, with the Nifty touching a new peak during early trade and the Sensex surging over 200 points. The Nifty 50 added 70 points to reach 23,640, while the Sensex rose by more than 200 points...

June 20, 2024 10:22 PM

India launches first national additive manufacturing symposium

The Ministry of Electronics and Information Technology (MeitY) inaugurated the first National Additive Manufacturing Symposium (NAMS) 2024 on Thursday, marking a significant step in India's push towards advanced manufacturing technologies. MeitY Sec...

June 20, 2024 7:28 PM

Bangladesh PM Sheikh Hasina to pay two-day State visit to India

Bangladesh Prime Minister Sheikh Hasina will pay a two-day state visit to India starting Thursday, in what will be the first incoming bilateral visit since the formation of the new Indian government led by Prime Minister Narendra Modi. During her st...

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