Gold prices moved lower across major Indian cities on Wednesday as retail bullion rates tracked weakness in domestic futures amid cautious sentiment ahead of the US Federal Reserve’s monetary policy decision.On the Multi Commodity Exchange (MCX), gold for April delivery fell by Rs 256, or 0.16 per cent, to Rs 1,55,729 per 10 grams in…
The Union Cabinet on Wednesday approved the construction of a four-lane access-controlled National Highway-927 from Barabanki to Bahraich in Uttar Pradesh at an estimated cost of Rs 6,969.04 crore, aimed at improving connectivity across key economic and logistics centres in the state, according to an official statement.The Cabinet Committee on Economic Affairs (CCEA) cleared the…
NEW DELHI: Centre on Wednesday said it will provide an additional 10% allocation of commercial LPG to states and Union Territories that support a long-term transition to PNG. The government also acknowledged that the LPG situation remains “worrisome” amid global disruptions.During an inter-ministerial briefing, Sujata Sharma, joint secretary in the ministry of petroleum and natural…
As tensions escalate in the boiling Middle Eastern region, residents and travellers are scrambling to catch the first outbound flights. Yet, many Indian blue-collar workers remain behind, choosing to stay for their jobs and to support their families rather than return home. While salaries continue to be paid on schedule, recruiters caution that a prolonged…
India has launched an anti-dumping investigation into imports of ethyl chloroformate from China after domestic producer Paushak alleged that the chemical was being sold in the Indian market at unfairly low prices, hurting local industry. DGTR begins probe after complaint by Paushak As per Reuters, the Directorate General of Trade Remedies (DGTR), which functions under…
Aam Aadmi Party MP Raghav Chadha recently proposed a set of reforms aimed at easing financial pressures on ordinary citizens, highlighting tax, pension, and banking issues in a speech in Parliament. Chadha focused on three key reforms: optional joint filing of income tax returns for married couples, restoring full income tax exemption on disability pensions…
Jag Laadki at Mundra port NEW DELHI: The Indian-flagged crude oil tanker Jag Laadki arrived at Mundra port in Gujarat on Wednesday, becoming the third such vessel to reach India in as many days amid the ongoing conflict in the Middle East.Click here for live updatesThe tanker docked carrying approximately 80,886 metric tonnes of crude…
NEW DELHI: Finance minister Nirmala Sitharaman on Tuesday said that the Indian economy has weathered several storms over the last few years, starting with the Covid crisis, and remains strong, while seeking to comfort cooking gas consumers and farmers.Replying to a debate on the second batch of supplementary demands for grants in Rajya Sabha, she…
MUMBAI: Behind the triple-digit growth numbers in gold loans is a structural change in the way Indians are viewing their family jewellery. Hocking ornaments of the women of the house, which was earlier seen as a sign of distress borrowing, is now being viewed as a way to monetise ancestral jewellery and bring down the…
Prices of precious metals witnessed a recovery of up to 2% on Tuesday, with silver climbing by Rs 6,000 to reach Rs 2.62 lakh per kilogram, while gold advanced to Rs 1.61 lakh per 10 grams in the national capital, as per data from the All India Sarafa Association. Silver, the white metal, rose by…