Govt puts in place new approval framework for wheat flour exports

  • World exports set to slow down further: WTO
    on November 28, 2022 at 11:32 pm

    There is more bad news on the trade front as exports are expected to slow down further in the second half of 2022 and remain subdued in 2023 due to several related shocks, including the war in Ukraine, high energy prices, inflation, and monetary tightening in major economies.

  • Pakistan, IMF begin online talks on $7 billion loan review
    on November 28, 2022 at 5:24 pm

    Pakistan and the IMF have begun talks online on a ninth review of a $7 billion loan programme, the Finance Ministry said on Monday, after a media outlet reported that the lender had asked the country to cut its expenses.

  • Fuel price cut hopes rise as oil sinks to lowest since January
    on November 28, 2022 at 3:16 pm

    Benchmark Brent crude fell to its lowest since January on Monday, brightening the scope for a reduction in fuel prices as protests in China over tough Covid restrictions and the impending G-7 price cap on Russian oil from December 5 clouded demand outlook. Brent slipped $2.6/barrel, or more than 3%, to $80.97. A lurking apprehension over another production cut by the Opec+ grouping of oil exporters, including Russia, contributed to the sharp fall.

  • Why govt changed wide-body aircraft wet lease policy
    on November 28, 2022 at 2:23 pm
  • 'Sensex may hit 80,000 by end of next year'
    on November 28, 2022 at 2:05 pm

    The inclusion could result in nearly $20 billion of inflows over the subsequent 12 months, the brokerage said, while making a bull case for a 30% chance of the blue-chip index hitting the number.

  • Amazon to shut some India businesses amid global cuts
    on November 28, 2022 at 2:03 pm

    Amazon will wind down parts of its India operations, showing that even the crucial growth market with 1.4 billion consumers isn’t immune to chief executive officer (CEO) Andy Jassy’s cost-reduction campaign. The company said it is exiting meal deliveries as well as a service providing bulk doorstep deliveries of packaged consumer goods to small businesses.

  • Govt gets Rs 5,001 crore dividend from ONGC
    on November 28, 2022 at 1:46 pm

    The government has received about Rs 5,001 crore as dividend tranche from ONGC, taking the total dividend receipt from all CPSEs (Central Public Sector Enterprises) so far this fiscal to Rs 23,797 crore.

  • GDP may print at 5.8% in Q2: SBI Research
    on November 28, 2022 at 1:42 pm

    Citing a weak manufacturing sector coupled with the steep margin compression, SBI Research has pencilled in the country's GDP growth for the second quarter at 5.8 per cent, down 30 basis points from average estimates.

  • India to receive first LNG cargo from Indonesia's Tangguh LNG
    on November 28, 2022 at 1:27 pm

    India will receive its first cargo from Indonesia's Tangguh liquefied natural gas (LNG) plant at the Dahej terminal on Monday, according to a Refinitiv analyst and Refinitiv ship tracking data.

  • Markets hit fresh all-time highs; rally for 5th day
    on November 28, 2022 at 12:40 pm

    Benchmark indices ended at fresh lifetime highs on Monday amid foreign fund inflows, a decline in crude oil prices and buying in index major Reliance Industries. Rallying for the fifth day in a row, the 30-share BSE sensex climbed 211.16 points or 0.34 per cent to settle at 62,504.80, its fresh record closing high. During the day, it jumped 407.76 points or 0.65 per cent to its lifetime intra-day peak of 62,701.40.

Stay Connected
Latest News