Exports up 0.67% in Februrary; trade deficit widens to $12.62 billion
PTI Imports rose by 6.96% to $40.54 billion in the month, the data showed.
WPI inflation rises to 4.17% in Feb on costlier food, fuel
PTI The wholesale price-based inflation rose for the second consecutive month in February to 4.17%, as food, fuel and power prices spiked. The WPI inflation was 2.03% in January and 2.26% in February last year. After witnessing months of softening of prices, the food articles in February saw 1.36% inflation. In January it was (-) 2.80%. In vegetables the rate of price rise was (-) 2.90% in February, against (-) 20.82% in January. Inflation in pulses was 10.25% in February, while it fruits it was
Adani Welspun JV discovers gas in Mumbai offshore basin
Special Correspondent Spread across 714.6 sq.km., the block is located in the prolific gas-prone Tapti-Daman Sector.
A Budget that fails to address the hunger pandemic
Dipa Sinha In a year of economic slowdown and growing inequality, we have been presented with a stingy Budget that fails to ensure the bare necessities for all
A promising Budget with a few disappointments
M.Govinda Rao While the Budget promises to revive the economy faster, it continues to emphasise the protectionist trend
The Finance Minister has delivered, but the road ahead is long: on Union Budget 2021
Ananth Narayan This Budget scores very high marks on credibility and on its potential to create domestic output and jobs, but much more remains to be done
Stocks slip as COVID-19 cases rise, inflation worries flare
Reuters Financial stocks prove biggest drag, infotech counters offer support
Rupee surges 33 paise to two-week high on forex inflows
PTI The rupee spurted by 33 paise to close at a more than two-week high of 72.46 against the U.S. dollar on Monday, continuing its gaining streak for the fourth session in a row on the back of forex inflows. The rupee opened strong at 72.71 at the interbank forex market despite a lacklustre trend in the domestic equity market and gains in the dollar index. The dollar index recovered from a week's low on Monday on a rise in Treasury yields on inflation worries ahead of the Federal Reserve's meeting.
Exports up 0.67% in Februrary; trade deficit widens to $12.62 billion
PTI Imports rose by 6.96% to $40.54 billion in the month, the data showed.
China factory output, retail sales accelerate
Reuters Data reflects consolidation of recovery
‘Indian airports may see ₹5,400 cr. net loss in FY21’
Special Correspondent Passenger traffic drop hits sector: ICRA
India Post in talks for global Speed Post delivery via DHL
Yuthika Bhargava Dept. eyes higher revenue through tie-up with logistics firm