Economy Archives - Page 63 of 223

Economy

March 4, 2025 3:30 PM

OPEC+ to proceed with planned April oil output hike

OPEC+ has decided to proceed with a planned April oil output increase, the group said on Monday, a move that follows U.S. President Donald Trump renewing pressure on OPEC and Saudi Arabia to bring down prices. The increase is the first since 2022 fr...

March 4, 2025 12:09 PM

China to impose extra tariffs of 10%-15% on various US products

China on Tuesday swiftly retaliated against fresh U.S. tariffs, announcing 10%-15% hikes to import levies covering a range of American agricultural and food products, and placing twenty-five U.S. firms under export and investment restrictions. LIU...

March 4, 2025 11:56 AM

India rolls out pilot projects for hydrogen-powered buses and trucks

India has taken a significant step toward clean energy adoption with the launch of five pilot projects for hydrogen-fueled buses and trucks under the National Green Hydrogen Mission. The initiative aims to assess the viability of hydrogen as a transp...

March 4, 2025 10:12 AM

Sensex, Nifty open lower as global trade tensions escalate

The Indian stock markets opened on a weak note on Tuesday, reflecting concerns over intensifying global trade tensions. Selling pressure was visible across the auto and IT sectors, dragging key indices down in early trade. By 9:30 AM, the Sensex was...

March 3, 2025 8:47 PM

India advances IMEEC trade corridor with key UAE discussions

The ambitious India-Middle East-Europe Corridor (IMEEC) gained significant momentum following high-level discussions between Indian and UAE officials in Abu Dhabi this week, marking a major step forward for the transcontinental connectivity project. ...

March 3, 2025 7:04 PM

Rs 611 Cr FEMA Violations: ED issues notice to Paytm’s parent firm, managing director

The Enforcement Directorate (ED) on Monday issued a show-cause notice to One97 Communications Ltd, the parent company of Paytm, its Managing Director Vijay Shekhar Sharma, and others for alleged violations of the Foreign Exchange Management Act, 1999...

March 3, 2025 6:08 PM

Pharma sector in focus at India-Vietnam business meet in Ho Chi Minh city

As many as 39 Indian pharma companies connected with more than 50 Vietnamese counterparts, holding productive discussions during an 'India-Vietnam Business-to-Business (B2B)' meeting on the pharmaceutical industry organised in Vietnam’s Ho Chi Minh...

March 3, 2025 4:24 PM

Sensex closes above 73,000 in volatile trade, metal and realty stocks shine

Indian equity markets ended nearly flat on Monday after a volatile trading session, influenced by mixed global cues. While early gains were erased by mid-session declines, strong buying in metal, realty, and IT stocks helped the indices recover. ...

March 3, 2025 4:16 PM

Women in India driving financial growth, increasing credit awareness: NITI Aayog report

Women in India are increasingly taking charge of their financial futures by actively seeking credit and monitoring their credit scores, according to a report launched by NITI Aayog on Monday. Titled "From Borrowers to Builders: Women's Role in India...

March 3, 2025 4:11 PM

Centre grants Navratna status to IRCTC, IRFC

The central government has awarded Navratna status to two public sector companies -- Indian Railway Catering and Tourism Corporation (IRCTC) and Indian Railway Finance Corporation (IRFC) -- according to posts by the Department of Public Enterprises o...

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