The WPI inflation showed a decrease from April’s 0.85 per cent and was significantly lower than May last year’s 2.74 per cent. (AI image) The Wholesale Price Index (WPI) inflation dropped to its lowest level in 14 months, reaching 0.39 per cent in May, driven by lower food and fuel costs, with experts cautioning about…
Image used for representative purposes SpiceJet shares surged 5% to reach Rs 46 on the BSE on Monday, following the announcement of a substantial 173% year-on-year (YoY) increase in standalone profit after tax (PAT) for the March quarter, totalling Rs 324.87 crore.The Gurugram-based airline achieved its highest quarterly profit to date, marking its second successive…
Since 2014, Indian Railways have fast-tracked the delivery of critical projects. (AI image) By MP SinghIndia is on a bold mission – to be a $30 trillion economy by 2047, the centenary of our independence. To achieve this ambitious dream, we require more than just aspiration; we need a coordinated approach, to enable an infrastructure…
Asian stock markets showed early signs of recovery on Monday following sharp losses last week triggered by intensifying hostilities between Israel and Iran. Investor sentiment remains cautious as the risk of prolonged conflict in the Middle East threatens oil supplies, inflation dynamics, and monetary policy outlooks globally. Brent crude prices surged by as much as…
Gold prices witnessed heightened volatility last week as escalating geopolitical tensions took center stage. (AI image) Gold price prediction today: Gold is back in focus amidst the ongoing Israel-Iran conflict which has added to its safe haven appeal in times of increased geopolitical tensions and uncertainties. Positive news on the US-China trade deal talks and…
Committed to Ladakh’s inclusive growth: FM Nirmala Sitharaman (Photo: PTI) LEH: Finance minister Nirmala Sitharaman, virtually inaugurated several development projects on Sunday in Leh, Ladakh, during her four-day visit to the Union Territory. The ministry of finance said this reaffirms Government of India’s commitment to inclusive growth and infrastructure development in the Union Territory of…
File photo: Union minister Piyush Goyal with US secretary Howard Lutnick (Photo: ANI) NEW DELHI: India and the US are close to working out the final contours of the “early tranche” of the proposed bilateral trade agreement and are now starting work on the possible text for the deal, which is likely to be finalised…
JERUSALEM: Indian billionaire Gautam Adani-led group’s Haifa port in Israel was unharmed by the Iranian ballistic missile attack, with cargo operations progressing unhampered, sources said.Late on Saturday night, Iran targeted Israel’s Haifa port and a nearby oil refinery in response to Tel Avi’s attack on Iranian nuclear and other targets earlier this week.Sharpnels fell in…
This is an AI-generated image, used for representational purposes only. NEW DELHI: The government has stepped in to support the auto and component industry’s efforts to procure rare earth magnets from Chin,a with companies submitting End User Certificate (EUC) to Beijing, certifying no diversion of the shipment towards defence or weapons production.The commerce department and…
CHENNAI/MUMBAI: India Cements’ new promoter, UltraTech Cement, will need to sell about 7 per cent of its stake, worth over Rs 667 crore, to meet the minimum public shareholding rules set by the capital market regulator. UltraTech currently owns about 82 per cent of India Cements, and the rules mandate that listed companies must have…